A Facebook billboard worldwide has become a household name, but analysts warn it could be a distraction from the company’s core business.
Facebook has over the past three years sold about 2.4 billion billboards worldwide, according to a new report by consultancy firm Gartner.
Analysts at consulting firm GARTER said it found that Facebook’s billboards in Australia generated about 200 million users in 2020.
“The number of ads purchased by Facebook for billboards in the world in 2020 is likely to be more than 100 million,” the report said.
It said the Facebook advertisement network generated about $2.7 billion for the world’s advertising industry in 2020, with most of that coming from advertising on its own platforms.
Gartner also estimated that Facebook could be responsible for another $2 billion of advertising revenue in 2020 by running ads on its social media platforms.
But its success is likely overshadowed by the growth of the advertising industry.
Facebook is increasingly competing with Google and Apple for users.
The company has also been targeted by the government and other governments around the world for its decision to target content from terrorist organisations.
A key question is whether Facebook’s advertising network can provide a reliable, safe and efficient service for users and advertisers.
Facebook’s advertising revenues are expected to grow by $6.3 billion in 2020 from about $9.4 million in 2020 to $15.4 in 2021, according the report.
But the company is likely going to need to continue growing its advertising revenue to meet those demands.
Facebook will have to grow its advertising revenues in a variety of ways.
Its advertising network is expected to expand over the next few years, according Garter.
Facebook could use the expansion of its advertising network to grow into other areas of the business.
It could expand into direct-to-consumer advertising.
In 2020, Facebook is expected, through its advertising platforms, to sell ads to customers through its Facebook Messenger app, which is used by more than a billion people around the globe.
Garter said this would be the company ‘s second major product offering in China, after its online shopping service.GARTER also estimated the company will need to increase its revenue by at least $500 million in the next five years.
The company is also going to have to continue developing its mobile advertising business, which includes advertising for mobile devices.
Gartzner also expects Facebook’s growth to accelerate as it invests in building new platforms for its content-sharing platform, called Facebook Stories, which has already seen growth of about 300 percent since launching in 2018.
It said it is likely that Facebook will continue to invest in building its mobile and social networks.
But analysts said it may be hard to keep up with the growing growth in the number of Facebook users and the number who visit its sites.
The company has about 2,000 million users worldwide, and Facebook’s overall advertising revenues grew by $9 billion between 2018 and 2020, according a Gartners report.
In 2020 it is expected that Facebook generated $4.2 billion in revenue from its advertising and sponsored content businesses.
But that is less than the $15 billion that the company generated in revenue in the year 2020.
Growth in China is likely the biggest driver of Facebook’s ad revenue growth, and it is forecast to account for 30 percent of the companys overall revenue in 2021.
And it is the biggest challenge Facebook faces in terms of getting its advertising business out into the global marketplace.
“The big question is will Facebook be able to scale its business into other parts of the world,” Garters report said, adding that Facebook would need to build new products, such as its social network, in China.