No wonder why Connected TV advertising statistics are a continuous success, with an ever-increasing influx of Gen-Z viewers.
Beyond that, according to recorded Connected TV demographics, older populations are joining this platform. CTV has gained a phenomenal viewership of 183.5 million across the globe, a marketing treat for most advertisers.
The top-drawer impacts of CTV advertising are evident from its clean sweep against Linear TV viewership, where programs were broadcasted at scheduled times. Although they can be regarded, CTV provides a canny substitute for that kind of content streaming. You can watch your favorite shows and Live Streams later through smart TV catch-ups.
OTT services have boosted CTV’s viewership by considerable folds. Platforms like Hulu, Amazon, ESPN+, HBO Max, Netflix, etc., make people return to TV screens for a better viewing experience. These services are constantly upgraded regarding display quality, user controls, optimization, etc. Hence, OTT is one major reason behind CTV’s enormous audience gains.
Until now, Connected TV has made a groundbreaking debut on the horizon of advertising and launching advertising campaigns. According to Connected TV statistics, 14.19 billion dollars were spent in 2021. This expenditure is proposed to value at 38.83 billion US dollars by 2026.
Unlike conventional cabled TV, a CTV provides a better and smarter means of video content streaming. By definition, it’s any television, XBOX, Playstation, Sony TV, and many others with an embedded web browser. These CTV are connected to the internet directly or indirectly (Amazon Fire Stick).
CTV’s diverse relatability with the supporting devices has made it surf through more than 80 million households.
People can watch CTV through desktops, tablets, mobile, and TVs, like the following connected TV devices:
According to Leichtman Research Group (LRG), the Connected TV market is following exponential growth. The magnificent success story dates back to the end of the century’s first decade (2010 onwards).
Here’s an insight into the inclined curve followed by Connected TV growth:
Connected TV advertising is about reaching a massive targeted audience with improved optimization of ads.
How does Connected TV advertising work? Here’s a step-wise guide:
The aura of CTV and CTV advertisements has accelerated into smart marketing tactics. Gone are the days when conventional TV ads were merely serving the purpose. CTV viewership has conquered its performance-driven optimization providing maximum outreach for brands. Its accurately measurable capacities have challenged most traditional TV or mobile ads.
CTV advertising has provided an unimaginable aid to marketers and advertisers. Connected TV advertising is an advertiser’s dream for the following reasons:
At Keynes, you’ll find the best creative CTV advertising practices accomplished through years of strategic practice. We have tips + tricks to share with you to follow with building your connected TV advertising assets:
Direct Response CTV advertising practices should be aimed towards:
Try covering the vital strategies as:
Companion ads are mirror advertisements that play a vital role in building a consistent Viewership. Ensure you’re putting forward a staggering message correlating with the commercial video and its original tagline.
You can also read our CEO Dan’s synchronous TV commercial reviews on various commercials based on their branding (High Funnel) and direct response (Low Funnel) strength. Meanwhile, Keynes will resolve your advertising concerns within no time!
LTG’s 19th survey on the calculation of Connected TV Demographics up to 2022 gives advanced stats based on the latest audience trends.
The years of smart TV viewership growth and audience trends that ran through the decade are broken down as follows:
The connected TV watching statistics by age is recorded as:
Nielsen’s report on time spent on CTV shows that the annual hours’ expenditure surpassed 81% in 2022.
In 2020, 45.7 million views (49.6 in 2022) came from Gen Z. By 2025. Gen Z is expected to grow by 6.5 million and reach 56.1 million.
Similarly, Millennial CTV viewers currently rank at 60.5 million views and are proposed to cross 62.6 million in 2025.
Advertising on Streaming TV is the most practical way to connect with your consumers and stay on their minds for a long time.
We bid on a user for your TV ad to be served to win them as a customer and then to calculate your growth.
Keynes is always supporting your back to win an advertisement campaign.
A programmatic TV might be your ultimate choice for spreading your message through communities.
Gaining viewership based on demographics and audiences’ interests is not a tough task anymore. With Keynes, your interests are designed through our tailored advertising services. Reach out now to know more about us!
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