More Than Half of Digital Advertising Is Mobile

More Than Half of Digital Advertising Is Mobile
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Last year was officially the much-awaited “year of mobile” in the advertising industry.

For the first time, mobile advertising represented more than half of the spending that marketers funneled into digital advertising overall in the U.S. in 2016. According to a new report conducted by PwC US for the Interactive Advertising Bureau, mobile ad spending accounted for 51% of the record $72.5 billion in total U.S. digital ad spending last year.

In fact, spending on mobile advertising surged 77% to $36.6 billion last year, according to the IAB. Digital ad spending broadly climbed a healthy 22% in the U.S. from the prior year.

“Brand dollars naturally follow consumers, and you’re starting to see a mobile-first, and sometimes a mobile-only mind-set among marketers,” said David Doty, the IAB’s executive vice president and chief marketing officer. Mobile “dominated” the more recent growth in the industry, he added.

A big chunk of that mobile growth was driven by Facebook and Google, the web’s two most powerful ad platforms, each of which has exhibited exponential growth in mobile ads. But the IAB says that mobile ad success was also achieved across the board.
Read more at Wall Street Journal

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