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A Market Set For Explosive Growth :- Projected Growth Rate of Local Video Revenues
Local online video ad revenues will skyrocket in the next few years, increasing from $10.9 million in 2007 to $1.5 billion by the end of 2012 - a compound annual growth rate (CAGR) of 167.8% - according to The Kelsey Group’s US Local Video Forecast (2007-2012).
