Insider Intelligence delivers leading-edge research to clients in a variety of forms, including full-length reports and data visualizations to equip you with actionable takeaways for better business decisions.
In-depth analysis, benchmarks and shorter spotlights on digital trends.
Learn More
Interactive projections with 10k+ metrics on market trends, & consumer behavior.
Learn More
Proprietary data and over 3,000 third-party sources about the most important topics.
Learn More
Industry KPIs
Industry benchmarks for the most important KPIs in digital marketing, advertising, retail and ecommerce.
Learn More
Client-only email newsletters with analysis and takeaways from the daily news.
Learn More
Analyst Access Program
Exclusive time with the thought leaders who craft our research.
Learn More

About Insider Intelligence

Our goal at Insider Intelligence is to unlock digital opportunities for our clients with the world’s most trusted forecasts, analysis, and benchmarks. Spanning five core coverage areas and dozens of industries, our research on digital transformation is exhaustive.
Our Story
Learn more about our mission and how Insider Intelligence came to be.
Learn More
Rigorous proprietary data vetting strips biases and produces superior insights.
Learn More
Our People
Take a look into our corporate culture and view our open roles.
Join the Team
Contact Us
Speak to a member of our team to learn more about Insider Intelligence.
Contact Us
See our latest press releases, news articles or download our press kit.
Learn More
Advertising & Sponsorship Opportunities
Reach an engaged audience of decision-makers.
Learn More
Browse our upcoming and past events, recent podcasts, and other featured resources.
Learn More
Tune in to eMarketer's daily, weekly, and monthly podcasts.
Learn More

New advertisers are helping CTV exceed expectations | Sponsored Content

This article was contributed by MNTN.

If you follow the connected TV (CTV) landscape, you’ve likely noticed a consistent trend over the past few years: it continues to exceed expectations. This is largely due to a media landscape where the momentum swings decidedly in favor of streaming.

We saw a milestone moment in July 2022 when US streaming TV viewership eclipsed cable TV for the first time ever according to measurement firm Nielsen. Advertisers, eager to follow consumers’ eyeballs and purchasing power, have responded by piling into CTV advertising at an increased rate. While this may be an expected outcome, industry analysts have been caught off guard by just how fast CTV ad spend is increasing.

“Once again, we raised our CTV forecast in our latest update,” said Ross Benes, senior analyst at Insider Intelligence. “We expect US CTV ad spend to exceed $21 billion [in 2022] and $26 billion [this year].”

This isn’t due, in part, to more inventory coming online. The end of 2022 saw major players Netflix and Disney+ launch their ad offerings. Mid-tier streaming services have seen significant ad growth as well, suggesting a fairly even distribution of good fortune across the industry.

Performance marketing is boosting CTV revenues

Clearly there is massive demand for CTV among advertisers. As more inventory comes online, the money is ready to meet it. But whose money, exactly?

Direct-to-consumer (D2C) brands, for one. MNTN has hundreds of active D2C brands on its platform, and has seen a strong uptick in budgets dedicated to reaching streaming viewers and driving measurable results. According to MNTN’s internal data, these brands increased their total ad spend 384% between Q1 and Q3 2022, and 2023 is looking to play out in a similar fashion.

With the rise of CTV, TV advertising has experienced a bit of a demographic shift. While CTV has traditionally been a space for massive brands focused on awareness strategies, its digital DNA has opened the door for a wider variety of advertisers. The ability to target specific audiences and then measure specific outcomes tied to the ads viewers see has made CTV a viable channel for those who historically shied away from the TV screen. This includes challenger brands focused on growth, B2B companies, and brands that have dedicated part of their budget to performance marketing channels like paid search and social.

The majority of advertisers on the MNTN platform are first-time TV advertisers. They see an opportunity to drive performance metrics like return on ad spend and cost per acquisition just like they would on paid social. This could explain research findings published by MNTN and Digiday in which 41% of surveyed marketers pulled budgets away from social media to spend on CTV.

2023 will set new records

CTV advertising is in an advantageous place right now. Social media’s continued troubles may prove to be another catalyst for outcome-focused advertisers to shift budget to CTV. As we move further into 2023, we’ll see ad technology advances that unlock even more utility on CTV. Combined with ever-increasing viewership and more inventory, it’s safe to say that we’re primed to see a steady stream of headlines proclaiming some new height for CTV in 2023.

Learn how MNTN has helped brands maximize the potential of CTV and request a demo today.

—Ali Haeri, Vice President, Marketing, MNTN

For more CTV trends, check out eMarketer's “What's Behind Connected TV's $21 Billion Ad Spending Boom?" snapshot, made possible by MNTN.