Local Internet Ad Spending to Double by 2010
Nov 10th, 2006 by Milan Dinić
The Kelsey Group has released its annual prediction on the global increase in local search and online classifieds spending.
The forecast asserts the local search segment will grow from $3.4 billion in 2005 to $13 billion in 2010, with online classifieds growing from $12.3 billion to $18.1 billion. Overall local search and online classified spending will grow from $15.7 billion in 2005 to twice that, or $31.1 billion, in 2010.