According to the trade group Interactive Advertising Bureau and PricewaterhouseCoopers, commercial search in 2002 accounted for nearly $1 billion in total sales, an increase of 210 percent over 2001. Researchers expect the paid search market to reach as much as $4 billion by 2005.From the same source (PwC) a new article written by Clickz 2 day ago:
Revenue for the first nine months of 2004 totaled slightly over $7.0 billion, compared with the $7.3 billion in revenue reported for all 2003. Based on these numbers, 2004 could be a record year, beating the previous $8.0 billion revenue record reported in 2000, according to Pete Petrusky, director of advisory services at PwC.That will normaly almost reach the $10 billion with this christmas quarter! Doh!