Local search to reach $13 bln by 2010

Global directory and local search market grew 3.4% to $29.7 bln. Traditional print revenues increased 1% to $26.3 bln, and local search revenues (Internet Yellow Pages, geotargeted search and on-demand advertising on mobile devices) rose 33.4% to $3.4 bln. By 2010, TKG forecasts the global print and local search market will reach $41.3 bln, with a compound annual growth rate of 6.8% for the period from 2005 to 2010.