June 27, 2008
Microsoft, Yahoo and Google Will Fight Over $106 Billion in 2011
Microsoft, Yahoo and Google are currently dividing between them the large majority of no less than $65.2 billion, which is the worldwide spending on Internet advertising this year, according to market analyst company IDC. But between 2008 and 2011, just four years from now, Internet spending will explode to no less than $106 Billion. "Compared to more mature types of advertising, Internet advertising is growing at a phenomenal rate," explained John Gantz, chief research officer at IDC.
Link: Softpedia News - Global