Mobile Advertising Reached New Heights In 2013 Thanks To A Flurry Of Deals
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Mobile Advertising Will Reach New Heights In 2013 (Mooreland Partners LLC)
According to Mooreland Partners LLC, an M&A advisory firm that operates primarily in the digital media space, the global mobile advertising market will grow 62% by the end of 2013 to almost $14 billion, as acquirers and investors flock to the market. Mooreland estimates there have been 21 major mergers in 2013 so far.
BII
Mooreland also points to mobile as being the third-largest advertising format, just behind desktop search and display advertising.
In general, we feel the same way. In September, we broke down the global mobile advertising market by format, and estimated about 70% growth for a nearly $15 billion market by the end of 2013 on the back of mobile search ads.
The move forward starts with technological advancements. Mobile ad tech is trending toward programmatic, or automated ad buying, which is transferring the roles ad buyers and sellers to software. It will help agencies more easily navigate the complicated mobile ad space.
Above all else, mobile advertising is a burgeoning market that is ripe for M&A activity, which will help create some consolidation in a largely fragmented industry, push the industry's scale forward, and will determine the real leading players in this space. Read >
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