Here are the key points from the report "Mobile Advertising – 2020 Vision" by Ogilvy and Acision:
- By 2020, mobile internet usage will overtake desktop internet usage globally. Mobile devices will be the primary way most consumers access the internet.
- Mobile advertising spend will grow significantly over the next decade. It is estimated to grow from around $25 billion in 2015 to over $100 billion by 2020.
- Location-based services and mobile commerce will drive a large portion of mobile ad spend growth. Brands will leverage precise location data to deliver highly targeted, location-aware ads.
- In-app advertising will become a major channel as more time is spent inside mobile apps versus mobile web browsers
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