European search marketing - 8 billion Euro Forrester forecast by 2012
Posted by Arjo Ghosh | September 6th 2007
The latest Forrester report, Europe’s Search Engine Marketing Investment Exceeds €8 Billion In 2012, on paints a very healthy picture of the European search market. With the sector set to grow from a current €4.5 billion to well beyond €8 billion by 2012 and taking half of all online marketing investment all search marketers should be overjoyed shouldn’t they?
In fact the UK’s increase over the period is the slowest of all European markets researched. There are a number of good reasons for this: we’re still by far the largest market, followed by Germany and France and have enjoyed the biggest growth over the past five years and UK companies still invest heavily in search and online.
I wonder, however, whether a slowing market at home combined with media agencies becoming specialists in their own right, and *everyone* joining the search bandwagon, and some clients taking paid search in-house, whether we will start to see some casualties? The 101 search business plan remains: invest in skills, technology and training or be damned.
