Online Advertising to Hit $16 Billion by 2009

july 29, 2004  09:37 am
Online advertising spending is expected to nearly double by 2009 to $16.1 billion and represent a much higher proportion of marketers' total budgets in that time, JupiterResearch said on Tuesday. Internet advertising will grow 27 percent this year to $8.4 billion, with double-digit growth for both paid search listings and display ads like banners, Jupiter said in a report. Jupiter is a division of Jupitermedia Corp (JUPM.O).