Future looks bright for Internet ads
JMP Securities on Tuesday raised its global advertising forecast for not only this year but for next year and beyond. The firm now expects the global online ad market to grow at a 25 percent clip annually for the next five years, up from a previous forecast in the low 20 percent range.
In the next year the Wall Street firm expects the online ad market to grow to $26.4 billion worldwide and to $33.2 billion in 2007.