Total US mobile and social media revenues—including business and consumer content, access, and advertising and marketing—reached $45.38 billion in 2011, up 30.2% from a year earlier, according to new data from PQ Media.
Among three broad categories of mobile and social media revenues—mobile advertising and marketing, mobile content and access, and online social media—mobile advertising and marketing was fastest-growing sector in 2011, expanding 53.7% year over year to $3.39 billion with the ad segment soaring 60.9% and the marketing segment expanding 46.2% during the year.
The fastest-growing mobile ad revenue streams were in-game, search, and video advertising.
However, the mobile marketing segment is now forecast to grow faster than advertising from 2012 to 2016, fueled by location-based coupons and marketing apps revenue streams.
Other findings from PQ Media's US Mobile and Social Media Forecast, 2012 to 2016:
- Mobile content and access was by far the largest industry sector in 2011 with revenues of $39.17 billion, up 27.8%. Of that $39.17 billion, the business segment accounted for 58% of the total and the consumer segment accounted for 42%.
- Online social media was the smallest sector of mobile and social media during the year, reaching $2.83 billion in revenues, but the category grew at a very strong 42.1% year over year. Within the online social media category, social networking was the largest and fastest-growing segment by far, increasing 45.9%, to $2.28 billion in 2011.
- From 2006 to 2011, mobile and social media revenue rose at a compound annual growth rate of 28.7%.
Mobile, Social Market Share
Together, mobile and social media accounted for 4.1% of the overall communications industry revenues in 2011, up from only 1.3% in 2006.