Social Network Ad Revenues to Reach $10 Billion Worldwide in 2013: Social Update
Advertising and Branding, Social Media Marketing | (0)
LinkedIn ad revenues at $140.8 million this year
While many a companies still believe Social Media is a fad, recent findings by eMarketer estimates that Worldwide social network ad revenues will reach $5.54 billion this year, with just under half that amount, $2.74 billion, coming from the US market.
Revenue growth is solidly in the double digits in the US, but even more rapid growth elsewhere will mean spending outside the country will account for a slightly greater share each year. By 2013, non-US revenues will make up 51.9% of the total, which will hit nearly $10 billion worldwide. In the US, social ...