FAST Apps Have Momentum, but Audiences Trend Older and Less Attentive than General CTV
New York - (February 23, 2023) – Today TVision, the company measuring every second of TV and CTV viewer engagement, released its semi-annual report: “The State of CTV Advertising”. While viewers increasingly embrace Ad Supported CTV (up 55%) and FAST apps in particular, advertisers are seeking ways to understand the changing TV landscape and find solutions for critical measures such as CTV’s incremental reach. Packed with more than 20 pages of insight, the State of CTV reveals the real opportunity for advertisers.
With Netflix and Disney+ now in the ad game, advertisers are even more interested in understanding how best to utlilize CTV budgets and overcome the challenges that stand in their way. For instance, walled gardens and app-specific metrics prevent advertisers from effectively and independently measuring their campaigns. But TVision addresses this challenge. TVision’s passive, single-source panel allows for unparalleled and transparent measurement across all apps. In this report, TVision reveals how viewers engage with apps, which combination of apps can extend an advertiser's reach, and how to accurately value impressions based on the real number of viewers in the room.
According to TVision’s data:
Co-Viewing Gives Advertisers Better Insight Into the Real Value of Impressions
While viewing content on mobile and laptops is generally a solitary activity, the TV viewing experience is not. While the industry has coalesced around a standard 1.2 Viewers Per Viewing Household (VPVH) rate for CTV. In fact, we see that the average co-viewing rate for CTV is 1.44, with significant variance based on apps, household-type, audience demographics, and time of day. As advertisers and media sellers seek to quantify impressions the variance in App VPVH rate is especially important. Among the largest CTV apps, in H2 2022 Disney+ delivered a VPVH of 1.74 and HBO Max and Paramount+ registered 1.5.
“Whle CTV presents a massive opportunity to reach TV viewers, it can be an extremely frustrating and opaque environment for advertisers, due to walled gardens and their own proprietary metrics,” explains Yan Liu, CEO of TVision. “With the data from our single source panel, we are able to report universal metrics across hundreds of apps, which tell the real story on who advertisers are reaching and how well they are engaging those audiences.”
The data for this report was collected from July 1, 2022, to December 31, 2022 except when indicated differently, from 5,000 homes across the United States. All data is weighted to represent the country. All demographic data was self-reported by the respondents. All data is measured second by-second, person-by-person. All data is for H2 2022, and viewers P2+, unless otherwise noted. Top programs and ads are limited to English-speaking content only.
TVision provides second-by-second, person-level data about how people watch TV – who’s watching, what they’re watching, and how much attention they are paying to both linear and streaming TV. Advertisers, agencies, networks, streaming content providers, measurement companies, and data platforms use TVision data to make more informed media decisions, measure performance, produce content that engages audiences, and benchmark their results against competitors. TVision is headquartered in New York City, with offices in Boston and Tokyo.