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Digital video ad spend sees 16% increase this year

Martech

Marketers continue to move money into digital video despite significant doubts about audience measurement, according to a new report from the IAB. Digital video ad spending is expected to be more than $62 billion this year, the IAB predicts. Free ad-supported streaming TV ad spend increased to 51% from 44% last year.

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QR code alternative introduces shoppable video ad tool

Martech

This week, technology company IRCODE introduced an image-scanning platform aiming to replace QR codes in video ads. The company uses a patented technology called Exact Match that lets app users scan physical displays like outdoor ads, and video and TV ads. Shoppable products. Processing.

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AI-powered martech news and releases: July 25

Martech

Anyway, here are this week’s AI-powered martech releases etc.: Ipsos , a market research firm, introduced Creative|Spark AI, a tool that predicts human reactions to video ads and delivers insights quickly. The post AI-powered martech news and releases: July 25 appeared first on MarTech. Processing.

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Spotify introduces video ads on Roku

Martech

Audio streaming platform Spotify is introducing video ads on its Roku app. Advertisers who participate in Spotify’s Video Takeover ad experience — seen by users on mobile, tablets and desktops — will now be able to add CTV as an option. The company has also announced forthcoming video podcast ads.

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LinkedIn expands video ads, AI tools for B2B marketers

Martech

The first initiative is the addition of in-stream video ads alongside publisher content. Take our brief 2024 MarTech Replacement Survey Email: Business email address Sign up now Processing. The post LinkedIn expands video ads, AI tools for B2B marketers appeared first on MarTech.

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Video ad spend expected to rise 16%, surpassing linear TV this year

Martech

digital video ad spend is expected to hit $63 billion in 2024, a 16% increase from the previous year, according to projections from IAB’s “2024 Digital Ad Spend & Strategy Report.” For the first time, digital video — which includes CTV, social video and online video — will claim a higher share of budgets than linear TV.

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10 top retail sector video ads of 2021

Martech

According to data from video marketing and animation platform Wyzowl, 86% of businesses are using video to reach audiences and 92% of marketers say video is an important part of their marketing plans. The post 10 top retail sector video ads of 2021 appeared first on MarTech. Processing.Please wait.

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