WASHINGTON: The market for mobile device advertising doubled in 2013 to $17.9 billion and is on pace for strong gains this year, led by Facebook and Google, a market tracker said on Wednesday.

The research firm eMarketer said mobile ad spending increased 105 per cent last year and is expected to jump another 75pc in 2014 to more than $31.45bn.

Facebook and Google grabbed the lion’s share of the increase in 2013.

Google remained far ahead of its rivals, but saw its market share dip to 49.3pc in 2013 from 52.6pc in 2012, eMarketer said. The biggest gains came from Facebook, whose market share jumped to 17.5pc from 5.4pc a year earlier.

Twitter also saw strong gains but its share was a modest 2.4pc from 1.5pc in 2012. For 2014, eMarketer sees Google at 46.8pc, Facebook at 21.7pc and Twitter at 2.6pc.

The huge growth in mobile ads shows why these companies are concentrating on their mobile platforms.

Just 11pc of Facebook ad revenues worldwide came from mobile in 2012, but last year, that figure jumped to 45pc and the figure will be around 63pc this year. eMarketer said.

Opinion

Editorial

After the deluge
Updated 16 Jun, 2024

After the deluge

There was a lack of mental fortitude in the loss against India while against US, the team lost all control and displayed a lack of cohesion and synergy.
Fugue state
16 Jun, 2024

Fugue state

WITH its founder in jail these days, it seems nearly impossible to figure out what the PTI actually wants. On one...
Sindh budget
16 Jun, 2024

Sindh budget

SINDH’S Rs3.06tr budget for the upcoming financial year is a combination of populist interventions, attempts to...
Slow start
Updated 15 Jun, 2024

Slow start

Despite high attendance, the NA managed to pass only a single money bill during this period.
Sindh lawlessness
Updated 15 Jun, 2024

Sindh lawlessness

A recently released report describes the law and order situation in Karachi as “worryingly poor”.
Punjab budget
15 Jun, 2024

Punjab budget

PUNJAB’S budget for 2024-25 provides much fodder to those who believe that the increased provincial share from the...