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🌟 Is 2024 the Year for CTV in the MENA Region? 🌟 At Streamly, we believe 2024 is the inflection point for Connected TV (CTV).  Here are the top reasons why now is the time to investigate and invest into the power of CTV: 📈 Explosive Growth in CTV Audiences: CTV viewership in the MENA region is projected to grow significantly, with Saudi Arabia and the UAE leading the way. This growth provides an unprecedented opportunity for advertisers to reach a vast and engaged audience, on the big screen, in a premium environment, with targeting and measurable capabilities. In the US, CTV will achieve 7.6% of the total ad spend this year, increasing at +20% per year. 🛍️ Major Publishers Embrace Ad-Supported Models: Major streaming services like Shahid VIP and StarzPlay have introduced or expanded their advertising-based subscription tiers. Around 60% of regional streaming services now offer ad-supported options, diversifying their revenue streams and opening new avenues for brands to connect with premium content viewers 💡 Advanced Targeting and Measurement: Innovations in video measurement standards and AI-powered ad solutions are revolutionizing ad targeting and performance tracking in the MENA region. Companies like Innovid are offering precise targeting and deeper insights into campaign effectiveness. The region's digital ad spend is expected to grow by 25% in 2024, reflecting growing confidence in its measurement capabilities. 🤝 Strategic Partnerships and Collaborations: Strategic alliances, such as the partnership between MBC Group and leading tech companies, are enhancing the CTV ecosystem in the MENA region. These collaborations are fostering innovation and creating more effective and cohesive advertising solutions, driving greater returns for advertisers. With these dynamic changes, 2024 is undoubtedly the year to invest in CTV in the MENA region. At Streamly, we're here to help you navigate and leverage these exciting opportunities. Let's revolutionize your advertising strategy together! 📺✨ #CTV #ConnectedTV #DigitalAdvertising #Streaming #MediaInnovation #StreamlyInsights #2024Trends #MENA   Feel free to reach out to us to explore how these trends can benefit your business. Let's shape the future of CTV together! 🔗 Contact Us #FutureOfAdvertising #AdTech #Streamly

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Ryan Luis

Strategy & Commercial Leader | Inmobi | ex-Aleph | ex-Criteo | ex-Yahoo

1mo

I think H2 2024 is going to be big in CTV!

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DJ Agahi

Managing Director - UK & EMEA at Sabio Holdings Inc. (TSXV: SBIO; OTCX: SABOF)

1mo

🙌🏼🙌🏼🙌🏼

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