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In our previous note, we explored the online advertising industry in the U.S. To summarize, the digital advertising market in the U.S. is forecast to grow at a CAGR of 11.3% during 2015 and 2019 to reach $103.3 billion, according to Forrester Research. Search marketing will continue to account for the highest share in the overall U.S. digital advertising budget. However, the future growth in the digital advertising market will be fueled by mobile ads, as the platform is still highly under-penetrated within brand marketing budgets, as compared to the amount of time spent on mobile devices. In this note, we explore the advertizing industry in detail, and look at the various participants in the industry.
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