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Showing posts with the label Connected TV Marketing Association

AVOD Platforms to Generate $66.5Bn Global Ad Revenues by 2026

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AVOD spending on TV episodes and movies will climb by 144% between 2022 and 20226 to reach $66bn across 138 countries. The explosive growth of  AVOD services is set to surpass SVOD this year in audience size, and the changing demographics of a free streaming universe that remains young and multicultural while becoming more reflective of a national audience average in education and affluence. Free streaming's audience will grow larger than paid streaming by mid-2022. AVOD audiences grew twice as fast (+16 per cent) as SVOD (+88 per cent) in 2021. In 2022, the number of AVOD users surpassing SVOD. This attributable to a variety of factors, including subscription fatigue, ubiquitous hardware, cord cutting and increased broadband access. While total view time (TVT) is still led by SVOD, the opportunity for AVOD to expand TVT is forecast to increase due to rising inflationary pressures on household consumable items. Streaming will become the fastest growing video format in both viewersh

CTV+ Supports MRC Universal Streaming Video Standards

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The CTVMA's Future TV Council has moved to support the recent  Media Rating Council's (MRC) announcement on universal definition standards for over-the-top (OTT) content as part of the Connected TV advertising ecosystem model for sever-side ad insertion (SSAI) and streaming TV content. With CTV sets currently being the dominate global device for viewing streaming video on-demand (SVOD) in the home, the Connected TV Marketing Association will announce CTV+ (plus), as part its upcoming Streaming Video Platforms Report 2022.  The report encompasses the most recent video glossaries from global supply-side and demand side platforms with publishers, including the IAB Tech Lab .

Connected TV Ads Drive Record Global Investment in Streaming Video Spend

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Growth in digital video advertising on CTV is expected to reach 56% of total video spend this year. Nearly three quarters (73%) of CTV buyers report shifting media budgets from linear to CTV. Connected TV experienced its highest gains in ad spend during 2020. Advertisers spent on average $20 million on CTV, and 35% of buyers expect to increase their spend in 2021. Moreover, in 2021 more than half of budget allocations 56% are expected to be devoted to digital video on CTV. The movement to audience-based buying in particular has resulted in increased buyer demand for CTV. Brand safety was one of the key drivers for buyers on CTV, with 60% of media buyers rating CTV a highly trusted, brand-safe environment. Categories with the highest spend per advertiser include auto, CPGs, furniture, accessories and direct retail brands. Pre-play streaming services are forecast to receive the biggest increase with 37% of buyers planning to spend more on ad-supported video content (FAST/AVOD).

Connected TV Marketing Association Official Industry Activity Blog

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  Welcome to the new 2021 Connected TV Marketing Association official blog. We've archived all our original company announcements in our new blog's table of contents on our formation.  Our new industry activity blog will be updated weekly with our latest Research, Membership News, Guidelines Report, Code of Practice, Safety Accreditation, Data Privacy and Compliance Standards now being developed with our global industry partners. We appreciate your comments. If you have any questions or suggestions, please email us info@ctvma.org.au

CTVMA Working with Google's Federated Learning of Cohorts on Future Advertising IDs

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  With Google's new Privacy Sandbox announcement Federated Learning of Cohorts (FLoC) presents CTV and programmatic with a unique opportunity to benchmark identity, privacy and addressability into one solution. If there's one thing we've learned these past twelve months, its to expect the unexpected. Preparedness to change and industry cooperation will be key in the coming months and years ahead, and is contingent upon our success for a sustainable advertising future.  Google has not yet named a definitive ID replacement for third-party cookies, instead it is working on several potential solutions for CTV within its Privacy Sandbox. The Privacy Sandbox is Google's initiative to develop open standards to make the web more private and secure for users, while also supporting our publishers, platforms and advertisers on the global web. Alternate identifiers like Unified ID 2.0 and LiveRamp's IdentityLink are contingent in order to cover the IP address's eventual pha

CTVMA Audits Ad Verification Protection Safety Initiative

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The CTVMA is supporting the world's most effective human verification engine, HUMAN. Human recently became the first to receive accreditation from the Media Ratings Council (MRC) for pre and post-bid protection against Sophisticated Invalid Traffic (SIVT) for desktop, mobile web, mobile in-app and CTV. CTV ad fraud affects more than two million devices every day around the world and costs advertisers more than $5 million a month. Invalid traffic accounts for 24% of all programmatic CTV views.  As part of our Code of Practice to combat SSAI ad fraud the CTVMA has been conducting international ad trials across ad platforms for verification standards to protect publishers and advertisers. Adoption of standard naming convention IDs are also helping to prevent the duplication of ad inventory across platforms. Human works directly with the largest internet platforms, DSPs, SSPs and exchanges to verify the humanity of more than 10 trillion digital interactions each week. Findings from the

Streaming Video on Connected TV Platforms During COVID Grows 300% in 2020

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Worldwide spending on streaming services increased 300% in 2020 to $39.5B and will reach $76.3B in 2024. The continued shift in consumer demand is the most significant transformation to the film, television and video advertising business in 50 years. Streaming video will account for all subscriber growth of global online video subscriptions reach 1.6 billion by 2025. The total number of Connected TVs in use worldwide increased by 122 million in 2020, reaching 1.28 billion units. OS market share ranking Samsung Tizen (12.7), LG's WebOS (7.3%), Sony PlayStation (6.4%), Fire OS (6.4%). Strong growth was also seen in Android (+42%), Roku TV OS (+40%). Just over half (56%) of digital media agency respondents predict that more than half of their video budgets will be spent on CTV in 201. Connected TV outpaces all other digital platforms for the number one ranking of the highest video completion ad rates (98%) in Q2. Ad-supported streaming video is attracting more ad dollars as marketers