In its newly released U.S. Local Advertising Forecast 2016, market research firm BIA/Kelsey projects that location-targeted mobile ad spending will grow from $8.4 billion in 2015 to $11.3 billion in 2016.
Overall Kelsey projects total local advertising revenues in the U.S. to reach $146.6 billion in 2016, up from $141.3 billion this year…