Mobile Paid Search Advertiser Spending Statistics

The mobile search market is set to boom in the next few years with the revenue from search leaping up from close to 25% of all revenue to nearly 70%. No wonder then, that the advertiser spending on paid search on mobile is set to go high. Here is the projection in the mobile paid search spending numbers over the next few years (for the US market)

2009 : $118.8 million
2010 : $295.4 million
2011 : $630.6 million
2012 : $1174.9 million