Despite Churn, Local Search to Grow 30% in Five Years: Borrell

Locally placed search advertising in the U.S. is projected to grow 30% over the next five years, from $4.1 billion in 2008 to $5.3 billion in 2013, according to Borrell Associates.

But that growth comes with an extremely high rate of attrition among small and mid-sized businesses hoping to use search to build sales and traffic.

According to the report,