Mobile advertising will grow by 60-70 per cent, says Jabong's Ambrish Bajaj
Bajaj, Head of Mobile at Jabong talks about the growth in mobile advertising mirroring the rise of smartphone sales in India
Mobile advertising has seen a tremendous growth in last few years. The credit goes to the penetration of smart phones in the country. There are many first time users who are using internet on their phones and never used laptop or other screens.
In a recent report by Opera Mediaworks, India has seen a record growth at 260 per cent since July 213. This is primarily due to the rapid, country-wide shift from feature phones to smart devices, which is dominated almost entirely by the Android platform (41.7% share vs. 0.4% for iOS).
Asia Pacific was the fastest growing region in mobile advertising with 70 per cent growth in ad impression year over year. The growth in this region is largely driven by India.
Ambrish Bajaj, Head of Mobile, Jabong feels mobile advertising in India is the next big thing and it will grow by more than 70 per cent.
“Internet penetration is very fast in India. Mobile marketing should try to mirror the rise of smartphone sales in India. There may be some technical challenges that may prevent the growth from being 100-150% but still it will be anywhere around 60 to 70% growth in mobile marketing business,” said Bajaj.
On the sectors that will drive mobile marketing, Bajaj said e-commerce will the key customer of mobile advertising.
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