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04/27/2017

More than half of all digital advertising is mobile

From The Wall Street Journal

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.

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