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In-game advertising market to reach $17.6 billion by 2030, report
In-game advertising market share growth is anticipated to benefit from rising interest in social and mobile gaming. Commercials, cutscenes, billboards, and backdrop graphics may all be used in desktop and mobile games to incorporate advertising.
New research reveals how people engage with brands using images
The first academic research study to look at how consumers use pictures and not text to engage with a brand revealed there are four behaviours people evidence through images.
Global eco-conscious consumers spend to reach $1 trillion by 2027, report
Who Cares? Who Does? identifies that the ‘Eco-actives’ segment, made up of the most eco-conscious consumers, has rebounded from its 2022 cost of living crisis-related decline.
Artificial intelligence in retail market expected to reach $57.8 billion by 2030, report
The artificial intelligence in retail market is expected to reach $57.8 billion by 2030, at a compound annual growth rate of 41 per cent from 2023 to 2030.
Amazon is consumers’ preferred ad platform for a second year in a row, report
According to Kantar Media Reactions 2023, most consumers consider ads on Amazon to be relevant and useful, with few negative qualities.
Connected TV accounts for half of global video impression share for retail advertisers, study
Among retail advertisers, connected TV (CTV) accounted for half (50%) of global video impression share in 2022, an increase of nearly 52% compared to 2019.
Global TikTok advertising revenue projected to hit $53.9 billion by 2027, report
The global TikTok advertising revenue is set to reach $ 53.95 billion by 2027. This comes shortly after TikTok announced its global advertising revenue of nearly $12 billion in 2022. This is according to Tradingplatforms.com
63 per cent of marketing leaders plan to invest in generative AI in the next 24 months, study
A Gartner survey of 405 marketing leaders conducted in May and June 2023 revealed the utilization of their organization's overall martech stack’s capability dropped to just 33% on average in 2023.
Local content demand drives South Africa TV broadcasting market, report
Furthermore, the growing demand for local content and the rise in pay TV membership are driving the TV broadcasting market in South Africa.
One in five social media users consider themselves an influencer or content creator, report
This number increases to 28% for Gen Z social media users as 11% consider themselves to be influencers and 17% content creators.
Global video processing platform market to reach $13.5 billion by 2028, report
The growth is propelled by the demand for improved online education and video streaming services. However, the integration of these platforms with existing systems presents a hurdle.
63 per cent of marketing leaders plan to invest in generative AI in the next 24 months, report
Sixty-three percent of marketing leaders are planning to invest in generative AI in the next 24 months according to a survey from Gartner, Inc.
Nestlé is the world’s most valuable food brand with a brand value of $22.4 billion, report
Nestlé's brand value has steadily increased this year due to strong sales growth across its extensive and varied brand portfolio.
Global Artificial Intelligence in social media market to reach $5.6 billion by 2028, report
This growth trajectory translates into a striking Compound Annual Growth Rate (CAGR) of 28.04% over the forecast period (2023-2028). This is according to a report by Research and Markets.
Global radio station market to reach $87.31 billion in 2023, report
The radio station market includes revenues earned by entities by offering services such as broadcasting aural programs by radio to the public.
[Marketing Week Africa] Bob Koigi: How resilience has paid off for financial services, media and retail brands
Despite a tough global economic environment, brand in the financial services, fast food and retail and media sectors have demonstrated resilience and emerged among the top in brand value at least according to reports.
First National Bank is South Africa’s top brand with a brand value of $3.4 billion, report
The most valuable South African brands in 2023 have a total combined value of $31.6bn, according to the Kantar BrandZ Top 30 Most Valuable South African Brands 2023 report published.
The metaverse could reach up to $900 billion by 2030 but will take time to scale, report
Despite recent headlines that “metaverse-hype” is dying down, new research released by Bain & Company shows the metaverse could reach up to $900 billion dollars by 2030
Market research agency KLA partners with YouGov to support its client base
Since the launch of the 'Plan and Track' solution, KLA has been leveraging the data-led offering from YouGov, an international research data and analytics group, to support its client base.
YouTube distinguishes itself among social media players, while Google regains foothold on search engines, study
After sharing the top spot last year, YouTube moves into sole possession of first place in social media after increasing 3% to an ACSI score of 78.
Ipsos acquires West African market research firm Omedia
Ipsos has announced the acquisition of Omedia, a multi specialist market research company established in Senegal, Ivory Coast and Mali.