Advertisers spend a disproportionate amount on social video considering how much time is spent watching it
Social wants to take a page from YouTube’s playbook to capture more CTV time
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About This Report
Social network ad spending is still high relative to time spent on them, a disconnect primarily driven by Meta. As time spent with social networks plateaus, platforms are trying to break into CTV to capture the time spent (and ad dollars) in streaming.
Advertisers spend a disproportionate amount on social video considering how much time is spent watching it
Social wants to take a page from YouTube’s playbook to capture more CTV time
Recommendations for marketers
Sources
Media Gallery
Social networks’ share of ad spending is much higher than the share of time spent it commands. But as time spent with social networks (and social video) reaches a standstill, platforms are eyeing streaming as they seek new audiences and surfaces to monetize.
Key Question: How does time spent with social media and CTV compare with ad spend on these channels, and what insights can advertisers glean from these comparisons?
Key Stat: Advertisers will dedicate 61.3% of their social network ad spend to social video this year, surpassing the share of time spent with social video (60.6%) among US adults.
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