Digital Video World [REPORT]

The Interactive Advertising Bureau (IAB) and its Digital Video Center of Excellence released “The IAB State of the Digital Video World,” a report that affirms the vital role that both mobile and programmatic play in digital video advertising around the world. The research taps into 19 IABs across the globe – Brazil, Belarus, Canada, Colombia, Denmark, France, Ireland, Italy, Mexico, the Netherlands, New Zealand, Norway, Russia, Singapore, Uruguay, South Korea, Turkey, and the United Kingdom, as well as the United States – to reveal country-specific digital video revenues, wireless and broadband availabilities, and the perceived importance of formats, platforms, and monetization strategies.

Examining opportunities for the medium’s growth, an overwhelming majority of the participating countries agreed that mobile and programmatic video would gain importance in the overall media mix. Some common challenges also rose to the surface, including ad blocking, the fragmentation of video technology, and the variations of data and metrics across video platforms.

In addition, the report uncovers some key differences in the digital video marketplace from country-to-country:

•     Russia sees greater potential for digital video advertising on the desktop/laptop web than on mobile devices
•     Denmark was the only country that emphasized the higher importance of user-generated media over premium TV content
•     While 90% of responding IABs regarded live streaming content as least important among digital video ad formats, Mexico and Uruguay view live streaming as the most important

“Digital video is captivating audiences around the world and it is imperative that we understand similarities and differences across borders if we’re going to build on the medium’s momentum,” said Anna Bager, Senior Vice President and General Manager, Mobile and Video, IAB. “An abundance of innovative programming is jumpstarting digital video into an international phenomenon. And, if marketers, agencies, and publishers want to take full advantage, they’ll need a wealth of international and regional insights at their fingertips in order to adjust their plans market-to-market for optimal impact.”

Submitted ad revenues have been converted to USD based on current exchange rates. At the time of the post, Norway, Singapore, and Uruguay do not have current video specific ad revenues for 2014.

To download report CLICK HERE.