The Interactive Advertising Bureau and PricewaterhouseCoopers LLP announced that the 2007 Internet Advertising Revenue Report shows Internet advertising revenues in the U.S. continued their upward climb. For the full year 2007, revenues totaled $21.2 billion, exceeding 2006 performance by 26%, itself the former record year.
Search, display, classifieds and lead generation all continued growing at a healthy rate, according to the report. Consumer advertisers remained the largest category of Internet advertising spending, at 55% of 2007 full-year revenues, up from 52% from the full year 2006.
This year would be something to look forward when it comes to how we will fare when it comes to Internet ad revenues given the fact that global economy continue to go south.
Originally posted on May 15, 2008 @ 1:51 pm