Online Yellow Pages Market to Top 10% by End of Decade, New Simba Research Says
2008-08-21 10:11:00
STAMFORD, CT–(EMWNews – August 21, 2008) – Internet yellow pages revenue is projected to
increase 14.1% to $1.42 billion in 2008, accounting for 8.3% of total
yellow pages market sales, according to new research from media industry
forecast and analysis firm Simba Information.
Simba’s latest strategic market report, “Online Yellow Pages Markets
2008-2009,” projects online ad sales will continue to grow in the double
digits annually through 2010, when online will represent 10.4% of yellow
pages industry revenue. The growth will be fueled by major publishers such
as AT&T, Idearc, Yellowbook and R.H. Donnelley, which together generated
$1.24 billion in revenue in 2007, dominating the U.S. yellow pages industry
with a more than 63% share of market. This group of publishers is forecast
to account for more than 67% of online yellow pages revenue of $1.42
billion in 2008.
“The Internet is the engine driving the yellow pages industry’s continued
growth,” said David Goddard, senior analyst/editor of Simba’s Yellow Pages
Group and lead author of the study. “The yellow pages medium is not about
selling yellow pieces of paper, but rather about delivering information
that connects buyers and sellers. The technology used to carry the
information will change but what remains constant is the extensive database
of information regularly updated by the thousands of ‘feet in the street’
— yellow pages sales reps who visit businesses of all sizes nationwide.
Those ‘feet in the street,’ along with a hefty investment by the publishers
in digital technology, are pushing the entire industry into surpassing the
$18 billion mark by the end of the decade. And, more than 10% of that $18
billion in revenue, or nearly $2 billion, will be coming from the
Internet,” Goddard said.
A full, detailed analysis of current trends surrounding the online yellow
pages market, as well as industry size and segmentation detail, can be
found in “Online Yellow Pages Markets 2008-2009.” The report also contains
industry forecast figures and comprehensive profiles of 16 leading yellow
pages publishers with the spotlight on their online operations. Additional
information can be found at www.simbainformation.com or by calling
888-29-SIMBA.
About Simba Information:
Simba Information is widely recognized as the leading authority for market
intelligence in the media and publishing industry. Simba’s extensive
information network delivers top quality, independent perspective on the
people, events and alliances shaping the media and information industry.
Simba publishes newsletters and research reports that provide key
decision-makers at more than 15,000 client companies around the globe with
timely news, analysis, exclusive statistics and proprietary industry
forecasts. For more information, please visit www.simbainformation.com.
Media Contact: Anna Bieneck Marketing Manager Simba Information 203.325.8193 ext. 110 [email protected] |
|
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions