REDWOOD CITY, Calif.--(BUSINESS WIRE)--YuMe, Inc. (NYSE: YUME), a proven partner for video advertising leadership and innovation, today released the results of a new study commissioned with Nielsen on U.S. consumers’ connected device ownership and use and the implications for advertisers. The research is a follow up to a 2013 connected TV (CTV) study, and charts the category’s growth as well as consumer behavioral shifts.
“We believe CTV devices have become prominent fixtures in the lives of today’s connected consumer,” said Michael Hudes, Chief Revenue Officer, YuMe. “To reach and influence connected consumers, marketers must take into account shifts in device preference and behavior, elevate the role of CTV in cross-screen campaigns, deliver targeted ad campaigns and sync campaigns across platforms.”
Key takeaways from the study include:
CTV Devices and Viewing Behaviors
Smart TV ownership nearly doubled since 2013, with an average
of three CTV devices owned per household
- Streaming media player ownership also increased 1.5x since 2013, with an average of two streaming devices per household
CTV devices are now more common than tablets
- 60% of households own a CTV device, while 57% own a tablet
74% of people use their CTV device daily
- CTV usage patterns mirror traditional linear TV with the highest use in the 8-11pm primetime block
Smartphone is the most popular device to use while watching TV
- Smartphone second screen usage rises from 49% in 2013 to 51% in 2017
Movies and TV shows are still the preferred content for large
screen TVs, while short-form videos are the preferred content for
computers and mobile
- Only 28% of people use their tablet for movie or TV show viewing, and even fewer, 19%, do so on their smartphone
The YuMe Reach Calculator is also available to marketers who are interested in maximizing reach without incremental spend. In addition, the YuMe People-based Marketing Suite assists marketers with targeted campaigns with cross-device capabilities.
Additional insights from the YuMe Connected Device study can be found within YuMe’s report and infographic here.
A total of 2,410 adults participated in the Connected Devices Online U.S. Survey from June 27 to July 11, 2017. The purpose of the study was to understand cross-media device ownership and usage behaviors. Among the respondents, 1,465 had a CTV device in their household, including 884 with an OTT device, and 175 were immersive technology device owners. The final data set was weighted on age, gender and income to ensure a balanced sample reflective of the general US population.
In this study, OTT devices included the following: Internet-to-TV devices like Roku, Apple TV and Chromecast, and internet-connected Blu-ray players. CTV included all OTT devices as well as Smart TVs and internet-connected game consoles.
YuMe is a proven partner for video advertising leadership and innovation. We provide superior brand solutions with data-driven audience insights that increase engagement and sales. YuMe’s programmatic, audience-based technologies and unrelenting service deliver a complete marketing solution to engage audiences wherever they interact with content that matches their needs and interests. YuMe is headquartered in Redwood City, California, with worldwide offices. For more information, visit www.YuMe.com, follow @YuMevideo on Twitter (www.twitter.com/YuMevideo), or like YuMe on Facebook at www.facebook.com/YuMevideo.
This post contains forward-looking statements. In some cases, you can identify forward-looking statements by the words "may," "will," "expect," "intend," "plan," "objective," "anticipate," "believe," "estimate," "predict," "project," "potential," "continue" and "ongoing," or the negative of these terms, or other comparable terminology intended to identify statements about the future. All statements other than statements of historical fact are statements that could be forward-looking statements, including, but not limited to, statements regarding prevalence of CTV devices and their effectiveness in advertising campaigns. These forward-looking statements are subject to risks and uncertainties, assumptions and other factors that could cause actual results and the timing of events to differ materially from future results that are expressed or implied in the forward-looking statements. These risks are discussed under "Risk Factors" in YuMe’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2017 that has been filed with the U.S. Securities and Exchange Commission (the “SEC”), and in our future filings and reports with the SEC. The forward-looking statements in this press release are based on information available to YuMe as of the date hereof, and we assume no obligation to update any forward-looking statements.