Online Ad Spending To Follow Video and Social Networking
May 1, 2009
According to a new report on the Global Online Media Landscape by The Nielsen Company Online, engagement by Internet users is deepening, in part a result of a shift toward video content and social networking as popular online subcategories.
Highlights of the report include:
* The number of users frequenting online video destinations has climbed 339% since 2003
* Time spent on video sites has shot up almost 2,000% over the same period
* In the last year, unique viewers of online video grew 10%, the number of streams grew 41%, the streams per user grew 27% and the total minutes engaged with online video grew 71%
* There are 87% more online social media users now than in 2003, with 883% more time devoted to those sites.
* In the last year, time spent on social networking sites has surged 73%
* In February, social network usage exceeded Web-based e-mail usage for the first time.
Charles Buchwalter, SVP, Research and Analytics, Nielsen Online, says “The Internet remains a place of continuing innovation, with users finding new ways to integrate online usage into their daily lives… “
Since 2003, interests of the average online user have shifted significantly from portal-oriented browsing sites such as Shopping Directories and Guides and Internet Tools/Web Services, to video and social networking sites that have moved to the forefront, becoming the two fastest growing categories in 2009.
With the global recession in full swing, says the report, online display advertising has plateaued at 20% of total online ad spend. Spending on online display advertising by financial services, automobile and retail companies has declined steeply. On the other hand, several key, heavy ad-spending industries such as healthcare, consumer products and telecommunications appear to be moving even more spending online.
Other articles you might like;
