The existing advertising agencies will be with us for a long time to come.
However studies show that the biggest growth for the next ten years will come from the digital media, and this will most certainly involve massive changes for the traditional ad agencies. It will also mean that those who build up a good digital business will profit from the new trend; they will have a chance to dominate this market segment, and they will eventually also dominate the total market, as the traditional business becomes a smaller slice of the pie.
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There are some early signs that mobile operators are changing their business models. This would, after ten years of hype, finally produce a breakthrough in the use of mobile services.
