AU MA Social Media

A class blog about social media.

Billion Dollar Business

Posted by lmyette on July 25, 2012

Gartner, a technology researcher and advisory company, has predicted that social media global revenue will hit $16.9 billion this year. This prediction is 43.1% greater than last year. The majority of this funding will come from advertising, followed by social gaming, and subscriptions.

eMarketer, another data publishing company, found similar results, shown in the picture below. 

Image

 

It seems that with social network sites making so much money from advertisements, we won’t be able to get them out of our minds anytime soon. Whenever you log onto Twitter, Facebook, or any other sites, just know there will be an advertisement waiting for you!

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One Response to “Billion Dollar Business”

  1. nbalkhjav said

    I used to be bothered by the amount of ads on my social networking site pages, but now I hardly notice any. Is it because it is disappearing? These statistics clearly show that’s not true. In fact, there are more ads… Because we are so bombarded by them, we don’t even see them as ads now. Pretty sad, if you ask me.

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