Friday, June 2, 2017

Key Takeaways from the Internet Trends Report

From YouTube’s decreasing share of mobile traffic to the personalization of voice-activated devices, the newly released Internet Trends report offers unique insight into the digital advertising industry. Thanks to Adweek, marketers do not need to read through the 355-page report for the key takeaways.

1)    Dip in Smartphone Sales
In 2016, smartphones saw not only a decrease in sales but also in user-base growth. Globally 2.8 billion people own smartphones. While they remain extremely popular, the user-base only grew by 12 percent in 2016 compared to 25 percent in 2015.

2)    Increased Time Spent on Mobile
Adults spend an average of 5.6 hours per day consuming digital media. The majority of that time (3.1 hours) is spent on mobile devices while desktops account for 2.2 hours. The remaining 0.4 hours come from other devices.

3)    Internet vs. TV Ad Spend
The total Internet ad spend is growing faster than television ad spend, and 85 percent of Internet ad spend is through Google and Facebook. Compared to its 2015 ad revenue, Facebook experienced a 62 percent growth in 2016.

4)    Voice is the Next Frontier
Between the fourth quarter of 2016 and the first of 2017, Amazon’s voice-enabled assistant, Echo, gained 3 million users. With its increasing personalization, voice and visual recognition are considered to be the “next frontiers in search and discovery” by Photon’s VP of marketing, Michael Levine.

5)    Ad Blocking on the Rise

With about 640 million devices utilizing ad blockers in 2016, marketers have the right to remain wary of the software.

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