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32% increase in Online Ad Revenues in 2007

Posted in Online Marketing by Pankaj Gudimella on April 2, 2008

According to Strategy Analytics’ latest research, global expenditure on online advertising rose by nearly a third to $47.5 billion in 2007 and is set to pass the $100 billion mark by 2012. The report, “Online Advertising: Global Market Forecast,” notes that while web video commercials are a relatively recent innovation, they already generated revenues $1 billion last year, and are expected to be the fasting growing online ad format, reaching $7 billion by 2012 at an average annual growth rate of 48%.

Read the press release.

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