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Facebook eating into Google's mobile ad market share: Report

New York: Social networking giant Facebook's global mobile ad market share, which stood at a little over $3 billion in 2013, is witnessing a continuous growth and is expected to eat into tech major Google's

PTI PTI Updated on: March 24, 2014 18:04 IST
In 2014, eMarketer estimates that mobile will account for 63.4 per cent of Facebook's net digital ad revenues.

Mobile accounted for 23.1 per cent of Google's net ad revenues worldwide in 2013 and eMarketer estimates this share will increase to 33.8 per cent in 2014.

On the global mobile ad market, the research firm said last year, global mobile ad spending increased 105 per cent to $17.96 billion.

“In 2014, mobile is on pace to rise another 75.1 per cent to $31.45 billion, accounting for nearly one-quarter of total digital ad spending worldwide,” eMarketer projected.

Combined, the two companies (Facebook and Google) saw net mobile ad revenues increase by $6.92 billion, claiming 75.2 per cent of the additional $9.2 billion that went towards mobile in 2013.

“The two companies are consolidating their places at the top of the market, accounting for more than two-thirds of mobile ad spending last year, a figure that will increase slightly this year,” it said.
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