Digital video advertising is growing strongly with Forrester predicting U.S. online video ad spend will reach $5.4 billion by 2016 (from $2.0 billion in 2011). As audiences flock to content offered by digital video platforms, marketers are increasingly under pressure to find and reach this new breed of consumer by utilizing innovative technologies, tactics and creative executions. As such, video advertising has become a driving force behind the ongoing metamorphosis of the digital media landscape.
Break Media partnered with market research leader Advertiser Perceptions Inc. for its second in-depth study of digital video advertising. Our goals were to look how advertisers planned video ad spend in 2011 compared to their actual spend, what formats and practices are growing, and how and where advertisers plan to place video ads the next 12 months.