Tuesday, September 20, 2016

US Digital Ad Spending to Surpass TV this Year


US Digital Ad Spending to Surpass TV this Year

https://www.emarketer.com/Article/US-Digital-Ad-Spending-Surpass-TV-this-Year/1014469


            This year digital will represent 37% of US total media ad spending, overtaking TV ads for the first time ever.  By the end of 2016 almost 0.8 billion dollars will have been spent on digital ads than TV ads.  Analyst believe this is due to all of the advertising opportunities local and nationwide. Even though TV ads will not be the leading source of advertising, they are still growing this year due to the Olympics and Presidential Election.  Digital ads success and rapid growth is because of a few factors including mobile.  Mobile is predicted to be more than a third of total media ad spending by 2019.  Google is still dominating mobile and will for the foreseeable future.  It captures 32% of the mobile market, which is 10% more than its biggest competitor, Facebook.   Another factor that plays into the success of digital is video ads.  This year video ad spending will reach over 10 billion dollars.  Lastly Display will continue to be the top format for digital ad spending, slightly ahead of search. 

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