BIA Advisory Services helps traditional and digital media, brands & agencies and technology companies secure a winning position in the local advertising marketplace.
- NextGen TV Forecast
- Education Vertical Ad Spending
- Financial Vertical Ad Spending
- New Over-the-Top Forecast
Sizing Growth Opportunities for NextGen TV in Local Markets: Clear Upside Potential According to BIA Study
BIA’s forecast for NextGen TV reveals that local TV Groups stand to increase their revenue growth by 50 percent within the next ten years from NextGen TV rollouts. The forecast examines growth across TV OTA, TV Online, OTT, Retrans and Non-Broadcasting.
BIA’s Managing Director, Rick Ducey, and BIA’s Chief Economist and SVP, Mark Fratrik, presented BIA’s revenue forecast for NextGen TV at SMPTE’s DC Chapter Meeting on January 16, 2020. The conference examined the opportunity of ATSC 3.0 television and emerging 5G broadcast technologies for media companies.
Education Vertical to Spend $1.66B in Local Advertising in 2020
The Education vertical will spend $1.66 billion on local advertising in 2020 across 16 media.
In BIA’s latest vertical industry report, “Education Industry: Insights Into Local Advertising 2020,” BIA Advisory Services estimates that businesses in the Education vertical will spend heavily on traditional channels (76.4%), especially TV and direct mail. The fastest growing digital media are OTT (20.7 percent), Mobile (18.4 percent) and Online Search/Display (4.0 percent).
Report details here.
Financial Vertical to Spend $18.8B in Local Advertising in 2020
The Financial vertical will increase their local ad spend in 2020 to $18.8B according to our new estimates. BIA’s estimates indicate traditional media will outweigh digital spending by getting 56.4 percent of the ad spend.
Auto & Direct Property Insurance has the majority of ad spend ($4 billion) with Investment and Retirement Advice ($3.8 billion) and Commercial Banking ($3.6 billion) rounding out the top-spending sub-verticals.
Examine how the industry will spend on local advertising in 2020 in the new report, Insights into Local Advertising – Financial Vertical.
Report details here.
Transaction Update for Television and Radio (Year-to-Date):