
Connected TV advertising now the fastest growing video ad platform, report
International management consulting firm Arthur D. Little (ADL) has published its 2022 flagship report on the global media market. It focuses on how media, sports, and entertainment companies should respond to the post-COVID world, by both capitalizing on existing opportunities and transforming their business to remain attractive to consumers.
The report identifies the key themes that are shaping this new era of media, including:
The development of D2C capabilities, with Connected TV advertising now the fastest growing video ad platform
The increasing instability of the Netflix business model, with market churn starting to bite
The role and viability of Web3 in providing a new revenue source for the TV & video sector
The aim of the report is to provide market intelligence and expert insight to four key parts of the global media ecosystem:
Media industry executives – helping them to identify opportunities for vertical or horizontal integration, as well as to guide portfolio optimization and go-to-market strategies
Telecommunication industry executives – providing guidance on the development of their non-core business segments
Financial investors – highlighting the most attractive market segments and acquisition targets
Academia – presenting a comprehensive dataset and framework for future research on the transformation of the media industry
The report’s insights into current market trends were developed through extensive interviews with senior executives and draw on project experience with global media players across all segments. The quantitative market sizing and future forecasting of the industry covers 53 countries and a 10-year period from 2015-2024.
Shahid Khan, Partner & Global Media Segment Head, ADL: “As of early 2022, the media market shows strong signs of recovery post-COVID. Traditional media players are further embracing the possibilities of digital, while new entrants continue to invest, with M&A activity showing no signs of abating. The advent of Web 3.0 and NFTs has also created new opportunities for content owners, brands, aggregators, and intermediaries, even if not all innovations are destined to succeed.”
Maureen Kerr, Partner and Gabriel Mohr, Principal, ADL and the co-lead authors of the report: “Our research shows multiple paths forward for the global media industry – the only inviable one is sticking to the old road. Smart and swift launches, investment, and acquisitions might be the difference between prosperity and irrelevance, while new technologies have the potential to radically alter the media landscape.”
The full report can be accessed here
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