Social Ad Revenue Grew Faster than Search or Display in 2021: IAB Report

Don’t feel sorry for Meta: this IAB report finds that U.S. social media ad revenue grew by 39% in 2021, faster than search (32.8%) or display ads (29%) but less than digital video (51%). Total internet advertising grew by 35.4% to reach $186 billion, while the next-largest ad channel, television, rose just 8.7% to about $67 billion.

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Apple ATT Will Cost Meta $12.8 Billion in Revenue in 2022: Lotame Study

April 18, 2022

Apple’s App Tracking Transparency (ATT) rule, which requires users to opt-in before an app can track them, will reduce Meta (Facebook’s parent) revenues by $12.8 billion in 2022, according to this Lotame estimate. The figure is higher than Lotame originally estimated, and assumes a 65% opt-out rate. In fact, according to this Adjust study, the opt-out rate is actually closer to 75% and even higher for social media companies like Meta.

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Out-of-Home Ads Offer Alternatives to Digital Ad Fatigue: Survey

April 18, 2022

The IAB pegs out-of-home (OOH) advertising around $6 billion with a 21.7% growth rate.  But this survey from OOH marketplace provider takes a brighter view: they report that diminishing returns have 97% of marketers are looking for alternatives to digital, and 92% plan to increase OOH budgets.  They earn points for creativity by describing radio and podcasts as “audio out-of-home”.

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Marketers to Focus on Platforms Not Ad Channels in 2023: IAB Survey

November 29, 2022

This IAB study finds that connected TV and paid search are expected to be the fastest-growing ad channels next year, while linear TV and other traditional media continue to shrink.  More intriguing: marketers are focusing more investment on foundational tools like measurement and first party data, and less on specific ad channels.  Download for deep dives into retail media networks and the metaverse.

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