16% of TV ad spend will be devoted to addressable TV products and services on connected TVs by 2026: GroupM | Media
Currently, addressable advertising accounts for 9.8% of TV's ad spends
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Currently, addressable advertising accounts for 9.8% of TV's ad spends
As per the 2nd edition of the report 'The Changing Landscape of Indian Television', targeted advertising made up 9.8% of India's total TV advertising revenue in 2023.
The economic stability and the surge in cricket viewership have positioned the IPL as an attractive platform for brands looking to build and strengthen their identities.
GroupM's TYNY (This Year Next Year) report has projected that the Indian ad revenue is expected to grow 10.2% to reach INR 1,55,386-crore. In 2023, the revenue was Rs 1,40,963-crore.
Contributing Rs 88,502 crores, digital will lead the share of India’s ad spends at 57%.