Paid Search to Grow 41% in 2006




ClickZ summarizes a new Piper Jaffray report that predicts paid search will grow 41 percent in 2006 and generate more than $14 billion globally.

“Over the next five years, we estimate the paid search industry will grow at a 37-percent CAGR [compound annual growth rate] to more than $33 billion in 2010, and we expect Google to capture the lion’s share of that revenue and grow faster than the market as a whole,” Rashtchy wrote in the Google research note.