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No wonder eMarketer has predicted digital video ad spend to grow by more than 10 percent year-over-year every year between 2018 and 2021. The numbers from our 2018 State of Mobile Video Report back this up. Between 2016 and 2017, spending on in-app video advertising doubled both globally and in the U.S. within our network.
Will in-app video ad spend continue to grow, or has mobilead spending on online video in the United States and worldwide about to plateau? In 2017, advertisers doubled video ad spends over 2016. Publishers have responded to this move, more than doubling video adinventory from 2017 to 2018.
Statistics on Mobile In-App Advertising Total mobilead spending in 2018: This year, advertising revenue is expected to be more than $70 billion in the U.S How is mobile advertising changing over time? mobilead spending grew around 20 percent between 2017 and 2018. and almost $184 billion worldwide.
2016 was a breathtaking year for the mobile advertising industry and it doesn’t seem to be slowing down anytime soon. Mobilead spend is up 430% since 2013, and with over 2 billion smartphone users worldwide, it’s becoming clear that the future of digital marketing is mobile.
While mobile advertising has become an integral part of media plans, there is still a dearth of execution excellence when it comes to mobileads. Most mobile creatives are refitted versions of their desktop siblings and are not optimized to perform on mobile devices.
Not only will mobilead spending overtake spending on all other media by next year, but App Annie has found 60% growth in apps that make money through in-app advertising. That’s when you get into the fun part: improving the user journey and adding placements. On the monetization front, in-app advertising remains ascendant.
In the year 2000, Google launched its AdWords ad platform, which is now known as Google Ads. In 2006, AdMob, a mobilead network, was founded. This is one of Google’s more significant acquisitions and was seen by many as a game changer for Google as it allowed them to beef up their ad product portfolio.
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