Major shift to apps and earlier shopping behavior drive increases in mobile volume and eCPM
PubMatic, Premium digital technology, company released the findings of its Quarterly Mobile Index (QMI), highlighting the growth of mobile advertising in Q4 2019 and the opportunity in 2020. With high connection speeds available in North America and Western Europe, in-app video ad spending more than doubled in both regions last quarter and grew faster than in Q4 2018. APAC also saw strong growth in the quarter, with spending increasing 50 percent across the region.
“Mobile is increasingly playing a starring role across digital channels, with in-app video ads leading the way. Mobile header bidding surpassed desktop for the first time, and mobile shoppers set a record for early holiday shopping,” said Paulina Klimenko, SVP of Corporate Development and General Manager for Mobile at PubMatic. “We understand the strategic value of mobile for our publishers and advertisers, and are excited to deliver innovative solutions to take advantage of this growth in the near term.”
Recommended AI News: Telit’s New OneEdge Evaluation Kit Enables Rapid IoT Development and Time to Market
Globally, mobile advertising is driving growth through three key trends:
- In-App Ad Spend: Overall mobile platform spending rose 47 percent over last quarter, driven by in-app ads which spiked 62 percent.
- Mobile Header Bidding: The majority of header bidding ad spend growth came from mobile devices, propelling the mobile share of header bidding to 55 percent, up from 49 percent last quarter. Specifically, in-app header bidding spending doubled in Q3 2019, with strong performance across both Android and iOS platforms.
- Earlier Holiday Shopping Surge: In Q4 2019, the holiday shopping surge began almost two weeks before Black Friday. Ad spending spiked 25 percent above the weekly Q4 average, at a noticeably higher rate than 2018 when it rose 16 percent over the same period.
Recommended AI News: AgilePQ and Aegex Announce New Partnership