Report: Search Ad Spend To Rise 27% In 2012

A new eMarketer study says that search ad spend is expected to grow 27% from 2011 to 2012, up from $15.36 billion to $19.51 billion. And by 2016, it is expected to reach almost $30 billion annually.

Google will also retain dominant share of the search ad spend at 77.9%, up from 74.4% share in 2011. By 2014, Google’s search ad share is expected to grow to almost 80%. Microsoft is expected to grow from 7% share in 2011 to 8.7% in 2014, while Yahoo is expected to drop from 6.7% share in 2011 to only 3% in 2014.

The chart below shows overall search ad spend growth in dollars and as a percent increase overtime:

The chart below shows the overall search ad spend growth by search site:

The chart below shows search ad market share by search site over time:

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