Google,Facebook and Facebook AdSense revenues from India will grow from $1.6 billion in Q4 2017 to $1 billion in 2018, according to an estimate by consultancy company Avalanches.
The company predicts that the revenue will double in 2019, reaching $2.2 billion.
AdSense revenue in India will reach $1,200 billion by 2020.
In India, Google’s ad revenue is estimated to grow from Rs2,000 crore in Q1 2017 to Rs4,500 crore in 2020, which is roughly 10% of the total ad revenue of India.
Facebook is expected to generate more than Rs1,000 billion from the ad market in India in 2019.
AdSense revenues in India are projected to grow at a compound annual growth rate (CAGR) of 9.8% from 2017 to 2020, according the Avalanches estimate.