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2024

MEDIA TRENDS &


PREDICTIONS
FOREWORD EDITOR’S NOTE
As the newly appointed We find ourselves at an
inflection point in our industry,
and timely decisions. As a business,
we remain steadfast in our role
Informed by our data This year, our focus revolves around
five themes:
At the core of our mission lies the
ambition to understand audiences
Global CEO of Kantar marked by political and economic serving the content and advertising and insights, the 2024 and help businesses unlock growth.
uncertainties, shifts in consumer ecosystems, investing heavily in new • Macroeconomics, micro This report aims to support this
Media, it's a pleasure behaviour, and accelerated technologies and strategies to unlock Media Trends and media strategy objective by providing a unified
technological advancements. more value from their investments. and comprehensive view of a
to transition from an Predictions report • Content goes back to the
media environment in flux.
future – and around the world
external reader of the Guided by my core belief that
insight delivers foresight, I am
In this year's report, our aim is to
provide a balanced mix of practical
illuminates the myriad • Advertising in the eye of We trust that the report's
annual Media Trends certain that we can empower optimism and well-defined strategies. opportunities and a storm foundation in data and evidence
businesses not only to adapt to It’s all part of our commitment to will reassure readers that the
and Predictions report to these changes but to anticipate helping our clients navigate the challenges confronting • Technology: gamechangers
and false dawns
predictions we have uncovered are
and navigate them proactively. complexities of the evolving media a reliable forecast and will prove
a member of the team and entertainment landscape and to the content and • Strengthening the signal: particularly valuable in a period
audiences in high definition
proudly producing it. We live in an era where data is
plentiful, almost overwhelmingly so.
sharing the right insights to help you
take on the challenges 2024
advertising ecosystems marked by significant shifts.

And what a time to But it’s not just the volume of data will present. across the globe. Within each of these themes,
our experts distil the key trends
that matters; it’s how effectively
do so. we harness it to make meaningful from 2023, while offering forecasts
for 2024. Additionally, each section
concludes with a viewpoint
from some of our most senior
thought leaders.

John McCarthy
Patrick Béhar Chief Marketing Officer
Global CEO Kantar Media
Kantar Media

1 2
W H AT ’ S N E X T I N 2 0 2 4 ?

MACROECONOMICS, CONTENT GOES BACK ADVERTISING IN THE TECHNOLOGY: STRENGTHENING THE


MICRO MEDIA STRATEGY TO THE FUTURE - AND EYE OF A STORM GAMECHANGERS SIGNAL: AUDIENCES IN
AROUND THE WORLD AND FALSE DAWNS HIGH DEFINITION
At no other point have brands
Markets are experiencing rapid Evolving audience preferences faced so many unique challenges Dive deep into a year of By adopting more advanced
shifts in economic indicators, and shifts in content all at once. Only insight and incredible advances, cautionary strategies, businesses are
but their effects aren’t uniform consumption, intertwined adaptation can help them tales, and the balance of supercharging their data and
– who are the economic winners, with the industry's push to navigate such turbulent times. technology's promise against its enriching their understanding
and what are the impacts on monetise and measure, potential perils. of audiences - but it’s not
media consumption? highlight a market undergoing PAGE 27
without challenges…
dynamic transformation. PAGE 37
PAGE 05 PAGE 47
PAGE 17

3 4
MACROECONOMICS,
MICRO MEDIA STRATEGY

Markets are experiencing rapid shifts in economic


indicators, but their effects aren’t uniform –
who are the economic winners, and what are the
impacts on media consumption?

5 6
2023 TRENDS Inflation impacts on subscription video-on-demand (SVOD) services​

Number of SVOD subscriptions Total monthly expenditure on SVOD


Inflationary pressures It’s crucial, however, to recognise Inflation suppresses media
continue – but with that macroeconomic trends have subscription appetites 52.12
not affected all markets equally. 4.5
nuanced effects Developed nations, such as the US 3.9
48.88
Despite 2023’s economic shifts, 3
and in Europe, are experiencing many video-on-demand (VOD)
The backdrop of 2023 was defined 33.88
widening wealth gaps, and platforms have continued to 2.5 2.7
by continued economic troubles, 2.3
individual purchasing behaviours increase subscription prices5 24.37
with inflationary pressures
aren't universally reacting in the – and this trend is expected to
19.3
persisting, albeit with nuanced 17.18
same way. continue, according to Kantar’s
effects.
Entertainment on Demand data6.
In the UK, where inflation has
The International Monetary Fund
been stubbornly high, our latest At the same time, the percentage
(IMF) indicated a tempering UK(£) USA($) UK(£) USA($)
TGI data⁴ shows there has been of consumers cancelling their
of global growth, projecting a
a decline in all adults who say subscriptions has also increased.
reduction from an estimated
that they’re happy with their In the UK market, for example, Q1 2020 Q4 2021 Q2 2023
3.5% in 2022 down to 3.0% for Source: Kantar Entertainment on Demand
standard of living (-9% in the last subscription video-on-demand
both 2023 and 20241. Notably,
12 months). (SVOD) cancellations stood at
while the 2023 forecast surpassed
the initial projections detailed in 9.9% in the second quarter of
There’s also a disparity among 2022, but by Q3 2023 that figure
the April 2023 World Economic UK consumers by income level
Outlook (WEO), it remains low had risen to 14.2%. It’s a similar
– with 62% of those among the picture in other regions.
in comparison to historical top 10% of earners saying they’re
benchmarks2. happy with their living standards,
compared with just 35% among
However, advertising revenue
the lowest income cohort.
growth is reasonably stable.
GroupM estimates that growth
will remain unchanged from its
December 2022 forecast at 5.9%
– which it describes as positive in
nominal terms, but negative after
adjusting for inflation3.

7 8
Outside any given market, data Media consumption differs by market Media business models keep evolving
sheds light on global trends into How consumers prioritise their spending in a crisis​
how connected consumers might Q. “If an unexpected expense occurred, which of the following would you Recent analysis of viewing patterns across a In an economic landscape marked by
juggle their spending priorities in prioritise if you could only select one?” By % selection of markets heighten just how much uncertainty, media businesses are in a constant
light of unexpected costs. When viewing behaviours differ region by region8. state of evolution. The once-clear divide
asked what they would prioritise between subscription-based and ad-driven VOD
if forced to select just one area For example, factors such as seasonal events services has firmly blurred, with platforms not
to spend on, according to data can cause variations in viewership – Brazil sees just providing content, but also tailoring it to
from our TGI Global Quick View7 Savings & 38%
consistent viewing patterns perhaps due to meet specific audience preferences.
(a harmonised survey of online Investments its stable climate, while countries like Norway
consumers from 35 markets), Outings, Hobbies &
and the UK have pronounced seasonal shifts. A key strategy emerging from this evolution
38% chose to prioritise their funds 22% Regional preferences also dictate the balance is native VOD platforms guiding audiences
Eating Out:
towards savings and investments. between linear and non-linear viewing, with towards more affordable, ad-supported options.
Holidays & 11% significant differences observed across markets. Evidence also suggests that these models
Short Breaks
Leisure activities such as Paid versus free video-on-demand (VOD) could generate higher total revenue per user,
outings, hobbies, and dining Technology (inc preferences also vary regionally, influenced by enhancing profitability for streaming platforms.
PC / Laptop, 8%
out were preferred by 22%, Smartphone, Tablet) major platforms like Netflix and Disney+.
followed by holidays and short This shift towards ad-supported streaming
breaks at 11%.Technology Clothes 8% Cultural values also affect content preferences, broadens choices for audiences and opens new
purchases and clothing both emphasising the need for market-influenced revenue streams for platforms. Meanwhile,
scored 8%. Beauty(Make-Up 7% advertising strategies. Recognising these broadcasters and networks, with their long-
& Haircare)
regional nuances and enhancing audience standing expertise in advertising, may find it
In contrast, online subscription Online Subscription measurement systems are now important to easier to incorporate and sell ads than those for
Services (inc. Netflix, 4%
services, encompassing the likes Amazon etc.) ensure that effective strategies can continue to whom advertising is a new specialism.
of Amazon and Netflix, stood be crafted.
at 4%, suggesting that media Newspapers, Books, 1% Yet, there are voices of caution. Some
CDs & DVDs
subscriptions could be among the industry experts are sceptical and raise
first luxuries re-considered during concerns about the trend of pricing ad-
inflationary pressures. The data Source: Kantar Media TGI Global Quick View 2023 supported tiers comparably to their original
Base: 78,142 Connected Consumers aged 16-65, 35 Markets Globally
shows, however, that the markets ad-free counterparts9.
where connected consumers are
most likely to agree to prioritise
spending on online subscriptions
are Great Britain, Brazil and the US
– with China, Taiwan and Indonesia
the least likely – further suggesting
that rates of subscriber churn will
differ by market.

9 10
W H AT ’ S N E X T I N 2 0 2 4 ?
Companies need to
VOD's success will be uneven Deeper regional insights will dictate
global strategies
mould their offerings
As inflation recedes, markets will stabilise,
and for streaming platforms that signifies For streaming businesses to truly thrive,
- from content
curation to pricing to
a recalibrated mix of subscriptions and ad- surface-level knowledge won't suffice. In
funded options. However, the dominance of 2024 and beyond, they need to delve deeper,
ad-driven models won't be consistent across
promotional tactics
understanding their audiences’ attitudes and
all regions. Over the past three years, as the actual viewing habits – both within and beyond
likes of Netflix and Disney+ have boosted their the confines of their own platform. This will
range of subscription plans, our TGI data reveals
important shifts in audiences' attitudes
involve not just understanding what content
resonates, but also how it should be priced and
- to fit the distinctive
to both paid and ad-supported video-on-
demand (VOD) services10.
the most effective ways to market it.
features of each
region's landscape.
In essence, global success in the streaming
In Denmark, Norway, Sweden, Spain, and the domain demands a localised strategy.
UK, connected consumers seem more inclined Companies need to mould their offerings –
to opt for paid VOD services. This could suggest from content curation to pricing to promotional
a cultural preference or habit for subscription- tactics – to fit the distinctive features of
based models in these markets. On the other each region's landscape. Only then can they
hand, consumers in Taiwan, Egypt, Japan, Hong hope to capture the diverse and multifaceted
Kong, and Thailand appear to have a greater global audience12.
preference for free ad-supported VOD services.
This contrast might indicate different consumer
behaviours and attitudes towards payment
models in these regions11.

In 2024, platforms seeking growth will


need to continue to factor in regional
nuances and find pricing strategies to
match subscriber preferences.

11 12
Segmentation will redefine Consumer media loyalty will
audience targeting be tested Attitudes to ad-funded models

Amid widening wealth gaps in developed


A deeper As budgetary constraints continue Q: “I would be happy to put up with adverts if my TV/video
nations, advertisers will place greater emphasis
on segmentation, given the varying impacts of
understanding of to squeeze disposable income,
brand loyalty will be tested, and
streaming subscription was cheaper”

macroeconomic trends on consumer segments.


specific audience companies offering the best quality
content and value for money will Nigeria
India
77%
77%
Markets already
with higher

behaviours and
Certainly a continuation of the cost-of- have even greater importance. Indonesia 72% propensity to use
living crisis, even if it’s less severe, means Philippines 71% free (ad-funded)
demographics alone won't suffice. Instead, A mixture of increased costs, Thailand 64%

preferences will
VOD platforms
Turkey 64%
a deeper understanding of specific audience new competition and a deluge of Saudi Arabia 63%
behaviours and preferences will be paramount, content choices are prompting USA 62%
making enhanced segmentation indispensable13.
be paramount. people to cancel lesser-used
services. Audiences are becoming
South Africa
China
Mexico
62%
58%
58%
more discerning in their content Brazil 56%
choices, which leads to churn Egypt 55%
Italy 54%
as they switch to platforms that Spain 52%
better suit their preferences. Great Britain 51%
Taiwan 51%
Japan 50%
To address these challenges, Singapore 50%
streaming businesses will need to Hong Kong 50%
Canada 49%
adapt. Strategies could include Poland 49%
offering exclusive content to Argentina 48%
give subscribers a unique reason Australia 45%
France 44%
to stay, discounting to relieve South Korea 44%
financial pressure, or facilitating New Zealand 43%
easier subscription management.14 Germany 43%
Belgium 41%
Sweden 41%
Norway 40% Markets
Austria 38% with greater
Switzerland 38% proportion of
Denmark 33% VOD users on
Netherlands 33% paid plaforms

Source: Kantar Media TGI Global Quick View 2023


Base: 86,766 Connected Consumers aged 16-65, 35 Markets Globally

13 14

VIEWPOINT Macro insights remain valuable for direction,
BUSINESSES WILL NEED A but must be combined with nuanced
COMPLETE PICTURE FOR 2024 customer insights for impactful strategies

In the modern business Big picture trends serve as


compasses, providing a general
Such variations reiterate the
fact that the cost-of-living
Cultural nuances, regional events,
economic disparities, and local
valuable for direction,
but must be combined with
landscape, where data orientation to deal with market crisis, and indeed any other histories are all key factors in nuanced customer insights
dynamics. They spotlight emerging macro trend, does not have shaping media consumption for impactful strategies. The
is at our fingertips and patterns and frame collective uniform implications. Hence, a behaviours – even the weather and key is balancing the macro
change is all around movements. However, a solely
macro-focused lens, particularly
marketing strategy that assumes
homogeneity, might not always be
changing seasons can play a role.
A global strategy without regional
and the micro. With this
approach, businesses can craft
us, companies are in media and marketing strategies, the best solution. insights navigates treacherous resonant strategies amidst an
risks glossing over important waters without a map. interconnected yet
constantly presented and more nuanced behaviours It’s a principle we can apply challenging world.
with a dichotomy: and preferences. to other areas of the media
landscape too. For example,
To succeed in 2024 through truly
engaging audiences, businesses
aligning strategies with Within standard demographic although content tastes may be must delve deeper beyond surface-
brackets, for example, there exist broadly similar across different level macro trends. The current
Louise Ainsworth
overarching, macro a variety of life experiences, values regions, what really resonates climate necessitates understanding
CEO - EMEA trends while ensuring and behaviours. And while high
inflation may be a macro trend,
with viewers in North America
might not necessarily strike the
complex forces that impact
audience behaviours, attitudes
Kantar Media the granularity of its ripple effects on individual same chord with audiences in and values. Macro insights remain
households can differ vastly. One Asia or Africa.
understanding at the family might cut back on luxuries,
micro level. while another may recalibrate
essential spending, and yet another
might find innovative ways to
supplement their income.

15 16
CONTENT GOES BACK
TO THE FUTURE - AND
AROUND THE WORLD

Evolving audience preferences and shifts in content


consumption, intertwined with the industry's push to
monetise and measure, highlight a market undergoing
dynamic transformation.
2023 TRENDS
From a strike to Commissioning new content is Cinema returns - with some
evergreen thinking becoming riskier unlikely help
There's no single
2023 will be remembered as an important In 2023, the success of various streaming shows After enduring prolonged closures during the
year for the entertainment industry. A major
disruption came in the form of the Hollywood
highlighted the unpredictable nature of content
production, with smaller-budget shows often
pandemic, audiences are once again returning to
cinemas. Major blockbuster releases, such as Top
formula for creating
writers' and actors’ strike, born out of debates
over fair residuals from distributors, and concerns
achieving similar, if not greater, traction than
higher-budget, higher-profile commissions.
Gun: Maverick, Barbie and Oppenheimer have
played a key role here in reigniting audiences’
successful content in
about the potential use of artificial intelligence in
scriptwriting and production, amongst
This indicates that there's no single
formula for creating successful content
passion for the big screen19. However, the
atmosphere is another audience draw, enhanced the streaming world.
other issues. in the streaming world16. with the advent of state-of-the-art technologies
like IMAX and Dolby Atmos, which have
The impasse, although resolved for writers towards Adapting to this precarious landscape, platforms transformed movie-watching into a truly awe-
the end of the year, led to a lengthy halt in the are strategically spreading their bets, curating inspiring experience.
production of new TV shows and films in the US diverse content line-ups. This will accelerate
and is symptomatic of an industry in flux. the trend towards global VOD platforms Meanwhile, the gaming world is blurring the lines
commissioning non-US drama content as they between play and cinema. Giants in the space,
It also gave pause to consider an interesting look for the next Squid Game. Certainly there such as Fortnite and Roblox, now host movie
question – should content strategies always be is a growing appetite for non-English language screenings and other cinematic events, merging
about creating something new? Timeless classics content, with Netflix’s own figures showing a 90% the worlds of gaming and film in unprecedented
like Friends and The Office US continue to capture increase over the last three years17. ways. At the same time, Netflix continues to invest
audiences, be it through linear broadcast or on- in games development as the next chapter in its
demand. Meanwhile, archive franchise content – Yet, even with all the right ingredients, there's growth strategy20.
including Pixar, Marvel, James Bond and Lucasfilm no guaranteed recipe for success. For example,
– is being given a new life as the bedrock of Apple's critically acclaimed, high-budget shows This growth of viewing opportunities is beneficial
themed FAST ad-supported streaming channels15. are not necessarily leading to platform loyalty for content owners and distributors. Not only do
and subscriptions18. they have more channels to reach audiences,
The persistent appeal of such content potentially but they also have the potential for increased
signals the direction of travel for media owners: revenue streams.
tapping into the powerful draw of evergreen
nostalgia to chart their future course.

19 20
The ‘shape’ of audience viewing varies For example, UK broadcaster ITV’s early insights
have found that a series which premiered on ITVX The ‘shape’ of audience viewing varies
according to the windowing strategy
has a distinct 'shape' in its audience accumulation. according to the windowing strategy
As the nuances of streaming habits are dissected However, rather than a single peak in viewership,
in greater detail, 2023 saw further development there's early evidence of an initial surge from
in how streaming platforms analyse viewer viewing on-demand, followed by a second boost Linear premiere with viewing build across VOD​
habits. In addition to overnight or TV audience when the show airs on
ratings within a given broadcast window, linear channels.
28 Days after broadcast
broadcasters and streamers alike are using more
data metrics to understand viewing behaviours Elsewhere, there’s also evidence that long-lived
such as 'completion rates'. This isn't just a minor procedural shows, such as Blue Bloods, are able to 7 Days after broadcast
Shows given a VOD
adjustment, it signifies recognition that the defy the streaming trend towards shorter runs for
premiere have a very

Average 000s
myriad ways we understand and report viewing binge-worthy series21. In contrast, these shows see different ‘shape’ of how
behaviours are expanding as a more wholesale their demand grow with each successive season. Overnight their audiences build

approach to windowing becomes the norm. This defies recent wisdom, underscoring the over time, with linear
providing a second
importance of having more data to understand
boost to audiences
the complexities of current and emerging
viewing behaviours.

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Days

VOD premiere with viewing build following linear broadcast

After 52 weeks

4 Weeks after broadcast

The myriad ways we understand and report 1 Week after broadcast

viewing behaviours are expanding as a more

Average 000s
wholesale approach to windowing becomes
the norm.
After one month
6 Month ITVX exclusivity

After one week

Source: ITV Presentation at The World Audiences Summit, June 2023 Weeks

21 22
W H AT ’ S N E X T I N 2 0 2 4 ?
Adapting to multi- Back to the future with The hybrid future of live Expanding definitions of Regional content's
platform consumption library content broadcasting success through cross- global appeal
platform data
In 2024, it won't just be about The 2023 US production pause, On-demand viewing continues In 2024, streaming businesses
having content available on caused by the writers' and actors' to gain traction, yet the allure of As the media landscape are predicted to focus more on
various platforms; it will be about strike, could have a significant linear viewing will remain strong, evolves, so too do the parameters localisation, as well as bringing
harnessing the power of those impact on content in 2024. It will notably for major events like the defining success. With the relevant local content to global
platforms effectively. As audiences almost certainly prompt a deeper 2024 Paris Olympics and political growing number of metrics audiences, as part of their global
continue to consume content look into domestic archives, elections. These moments will available, the benchmarks for growth strategies. The rise of
across linear, streaming and with the goal of using existing underscore the communal magic evaluating a show's success are set streaming services like Netflix and
different devices, the imperative content to fill the production gap. that on-demand streaming often to adapt. Programme owners and Disney+ has amplified the global
will not merely be to reach them – Additionally, the production break can't match, and will continue to distributors will leverage reach of regional content, from
but to understand how to measure is likely to increase the presence deliver peak linear viewing. data in new ways, integrating Japanese anime to Bollywood
and monetise them. of non-US content on global ratings data with first-party user films. In addition, VOD platforms
platforms in 2024, while unscripted Whether linear or VOD, viewers are metrics. This fusion will enable are increasingly seeking non-US
The BBC, for example, is elevating content is also expected to be increasingly favouring streaming platforms, content owners and content, providing unprecedented
the game by fusing data from the more prevalent due to its easier for its flexibility and interactivity. In distributors to assess the total opportunities for regional
UK’s joint industry committee Barb production process. response, platforms will continue lifespan and broader impact of productions to go global (see
with its own data. Using advanced to integrate streaming, merging their programmes. ‘Commissioning new content is
data visualisations and insights If any of these changes result in a scheduled programmes and events becoming riskier’ p19).
it is exploring the ‘total lifetime’ hit show, it could change how the with on-demand offerings across a
of a given BBC series. Such US thinks about archival material range of platforms. As audience preferences vary
innovative approaches reiterate or global content, with much across different markets – some
that the future belongs to those longer-lasting impacts on content TikTok, X (formerly Twitter) and showing high subscription loyalty
who choose to adapt to changing in the future. YouTube will look to reflect this while others favour ad-supported
viewing behaviours. trend, amplifying broadcasts platforms – it’s crucial for businesses
and adding interactive elements. to understand and adapt to regional
In 2024, anticipate a fusion of viewing behaviours and content
live and on-demand moments, tastes. Companies that successfully
harmoniously serving varied tailor their strategies to these
viewer preferences. localised preferences will be best
placed to attract and maintain
international audiences22.

23 24

VIEWPOINT Data is not a one-size-fits-all solution;
THE FUTURE REQUIRES HYBRID its value is best unlocked when moulded to
THINKING AND CO-CREATION specific business models and strategies

As the media world As we can see in 2023’s trends (p19),
there is a desire - no doubt made
In the context of performance analysis,
certainly relying solely on either third-
Our clients have continued to be
trailblazers in leading from the front;
The key takeaway here is that data is
not a one-size-fits-all solution; its value
evolves, the ways stronger as our skills and capabilities party or first-party data isn't sufficient. UK broadcasters like the BBC and is best unlocked when moulded to
advance - to measure the success of Third-party metrics, while offering a ITV have been working with Barb to specific business models
in which we assess content in ways that better match broad, trusted and shared overview, measure streaming for over a decade, and strategies.
lack the granularity of first-party Numeris in Canada is working to
programme success the multifaceted and more complex
nature of today’s media consumption. data, and vice versa. The challenge, integrate operator data alongside Indeed, to advance how we
is also changing. To achieve this, we will need to
reconsider some of our
therefore, is to harmonise these
disparate data sets.
existing ratings, whilst in Spain Dazn is
looking at linear TV alongside its own
assess the effectiveness of content,
it's essential to account for the varied
However, to evolve existing thinking. platform data to enrich its view. platforms, business models, and
This is complex, and to achieve it consumer demands of a global
our measurement For example, many in the industry at scale even more so. Therefore, In Brazil, as viewing forms and media market. As such, future
still think in rather binary and siloed another challenge will be to ensure platforms continue to expand, our measurement tools must be versatile
methods successfully, terms: data is either first-party or third- collaboration among different data Cross-Platform View tool is being used enough to meet these diverse market
Antonio Wanderley we face a series of party, and different organisations may
take a unique view on the power and
handlers to validate and interpret
the fused data efficiently.
by more hybrid-VOD and video-
sharing platforms to understand the
needs, necessitating a more
integrated approach.
CEO - Latin America, Spain,
Asia Pacific and Africa
shared challenges. application of each. Yet this thinking Co-creation should underpin our proportion of time spent as a means
As a measurement company, we
is out-of-step with our ambitions, collective ambitions. of context and compatibility in the
Kantar Media and we should begin to consider both market. Each is evolving their use of can't address these complex issues
elements more as sources for larger, Get it right, however, and such data in ways that have helped shape alone. Media sellers are open to more
interconnected 'data lakes' from advanced measurements could the wider industry, and now, in their data integration and media buyers are
which we can extrapolate the most prove extremely useful in formulating own unique ways, they are looking to more strongly articulating their needs
powerful insights. content strategies, enabling platforms evolve that further. clearly. In doing so we’re unlocking
to better customise offerings for both the full potential of advanced
viewers and advertisers, or better measurement capabilities and data-
define success and failure. driven decision-making.

25 26
ADVERTISING IN
THE EYE OF A STORM

At no other point have brands faced so many unique


challenges all at once. Only insight and adaptation
can help them navigate such turbulent times.
2023 TRENDS
Constant adaptation to change AVOD delivers cost-effective solutions The rise of brand activism - A humorous revival
and its backlash
2023 continued what can only be described as Under 2023’s challenging conditions, advertising In a world where consumers are inundated with
a period of almost relentless change, leaving video-on-demand (AVOD) platforms - both native Post-pandemic, and in the midst of environmental serious and often distressing news, humour in
the advertising landscape caught in a whirlwind and broadcaster - continue to demonstrate and social crises across the globe, brand activism advertising is making a triumphant return.
of challenges. It’s what some commentators value as a flexible and cost-effective option is on the rise. Certainly, consumers are increasingly
describe as a perma- or poly-crisis23. And for good for advertisers, while also serving as a fresh looking to brands to take a stand on social and Kantar's studies echo this trend, showing how
reason. Almost every facet of our world today – revenue source for platforms and networks. As political issues. This can be viewed as a positive humour boosts brand impact32 33. Even sectors like
technological, cultural, economic, political and linear television advertising continues to operate development, as it can help to raise awareness business-to-business and financial services are
environmental – is in a state of flux24. And as a at a premium, and in some regions with high of important issues and encourage people to now joining the comedy club, as demonstrated by
pandemic, war and an AI revolution demonstrate, inflation26, AVOD certainly offers a budget- take action. Workday and Partners Life's successful comedic
sometimes change can arrive with little warning. friendly alternative. Notably, it also allows for ventures34 35. And with Apple's ‘R.I.P. Leon’ clinching
precise audience targeting, enhancing the overall For example, brands like Dove in Brazil have a Grand Prix for film at Cannes, the mood has
Such fast-paced volatility requires adaptability efficiency of advertising budgets27. stepped up, taking active roles in championing definitely lightened36.
within both the broader business and advertising social causes29. This has resonated deeply with
sectors. The way forward for brands hinges on their The consumer base for AVOD is also expanding consumers: as our TGI data reveals, the majority
ability to harness data and insight, ensuring they as former subscription-only platforms – including of Brazilians place great importance on the ethical
keep pace with – or even predict – shifting trends Netflix, Disney+ and, from next year, Amazon operations of a company and its commitment to
and challenges. Prime – evolve their offerings and open up
new inventory28. To cap it all, AVOD aligns well
combatting social inequalities30.
The way forward for
Cultural contexts: the key to
brands hinges on
with contemporary viewing habits, offering a However, it’s important for brands to be authentic
multi-device experience, while mitigating some
deeper connections in their activism. If they’re seen as being insincere
persistent challenges like ad-blocking, as ads
their ability
or opportunistic, it can backfire and damage
In the midst of these challenges, understanding are typically integrated within the content their reputation. They might also need to consider
cultural context has emerged as a crucial skill stream itself. the values and attitudes of their market – as
for brands. By understanding and integrating
these contexts, brands can forge deeper, more
Bud Light's recent experiences reveal, mixing
activism with mass marketing can have painful
to harness data
meaningful relationships with their audiences25. consequences if a vocal part of the audience is not
in agreement31. and insight

29 30
Segmentation moves Calibration panels will take
beyond demographics centre stage
As the global cost-of-living crisis has continued As advertisers pursue the path to cross-media
throughout 2023, its effects have been widely measurement, panels are taking centre stage.
experienced among consumer groups. This has This is because such panels serve as the singular
cemented the view that traditional demographic- ‘ground truth’, enabling both the buy and sell sides
based segmentations alone – such as age, sex to better comprehend, leverage and maximise the
and gender – no longer suffice; it’s now also key utility of their respective data sets38.
to understand attitudes, values and behaviours.
Families with the same income spending might The value proposition of these panels is further
have differing spending priorities and different accentuated by the growing recognition of their
economics strains, for example. role in providing a common benchmark.
This enables organisations to make more
As our Beyond Bias report demonstrates, informed decisions based on a unified data set,
traditional demographics remain essential, rather than disparate data points, which is
but a behavioural and attitudinal approach to crucial for the integrity and optimisation of
segmentation is better at revealing the reasons cross-media strategies.
behind consumer choices. Embracing this
method offers enhanced insights, uncovers niche As 2023 draws to a close, it's evident that panels
opportunities, facilitates precise targeting, and used for calibration will increasingly become a
promotes brand adaptability37. cornerstone for audience measurement. Quote to be edited

Moreover, the advancements in diversity and


inclusion – primarily visible in the creative
‘front-facing’ aspects of advertising – are now
increasingly being integrated by many brands
and advertisers into the planning and strategic
framework behind the scenes.

31 32
W H AT ’ S N E X T I N 2 0 2 4 ?
Cross-media measurement AVOD will get experimental Exploring new avenues for targeting
turns a corner
In 2024, AVOD’s capabilities are set to expand. As the ad industry prepares for the impending
The need for a holistic view of audience behaviour Beyond video ads, AVOD is already enabling phase-out of third-party cookies, there’s a
is prompting advertisers to pursue cross-media different types of engagement, such as product concerted effort to identify resilient, future-proof
measurement solutions. Such solutions offer placement and interactive ads. Some forms methods for precise consumer targeting and
de-duplicated data on reach and frequency, thus even offer shoppable functions that facilitate segmentation.
empowering advertisers to better comprehend direct purchases, further blurring the lines
the scope of their campaigns. While initial between content and commerce41. In 2024, A rising enabler is geographical-based targeting.
advancements have been predominantly focused expect advertisers and platforms to experiment Already available in the UK from Kantar Media’s
on viewing forms, as exemplified by projects like – and an arms race to get underway as more TGI, this solution enables marketers to fine-
Origin in the UK39, this is a step towards a more platforms lean into the AVOD revolution. tune their media plans by scrutinising audience
inclusive approach that will eventually encompass composition at a more granular postcode level.
a broader range of media forms.
Looking ahead to 2024 and beyond, it's likely
As such, the work undertaken to measure cross- that marketers will continue to innovate and
platform should be seen as a critical component invest in a range of targeting solutions -
in the journey towards true cross-media
measurement capabilities, rather than
Amidst fluctuating geographic, contextual or otherwise - beyond
the third-party cookie.
the end goal40.
economic conditions,
the allure of cross-
Amidst fluctuating economic conditions, the
allure of cross-media measurement grows more
compelling. This is largely due to its capability to
provide advertisers with valuable insights that
can inform smarter, more efficient investment
media measurement
allocation. In a marketplace that demands
optimum use of resources, the increasing role of grows more compelling
advanced measurement systems becomes not
just beneficial but indispensable for advertisers
aiming to maximise the effectiveness of
their campaigns.

33 34

VIEWPOINT Data isn't merely a tool for
THE FOUR PILLARS OF BRAND optimisation but a lens through
ADAPTABILITY IN 2024 which your brand views the world.

Brands today are Adaptability is certainly the crux of
the challenge for brands. Fortunately,
Secondly, data provides the
cornerstone for strategic
than done given the multitude of
rules and regulations across various
transformative. They operationalise
the brand's core values by aligning
constantly dealing there are some useful strategies that adaptability. The convergence of markets. Yet, governance need not data practices across departments,
will inform and enable its successful analytics and advertising is hardly be a labyrinthine conundrum. If thereby enhancing the brand's
with wave after implementation in 2024. new, but what’s evolved is an your brand knows what it stands for, overall adaptability and resilience in
wave of disruption, Firstly, a well-crafted brand identity
increasing awareness of the ethical
implications of data use. Companies
aligning data usage with identity
becomes a natural extension rather
a volatile marketplace.

causing widely has never been more crucial. Amid must wrestle with questions that than a compliance headache. Success in 2024 will undoubtedly
a tumultuous environment, knowing go beyond mere compliance with depend on various complex factors,
accepted fatigue who you are as a brand becomes legislation. It's about the ethics of Finally, what is increasingly evident but these four pillars stand out as
without apology. your North Star, guiding your
strategic decisions and making it
data – what you collect, how you use
it, and whether it aligns with your
in the world of major brands is the
prominence of the chief data officer
essential for any brand seeking to
solidify its standing. Far from being
easier to choose from the cacophony brand identity. Data isn't merely (CDO) role. Far from being just a disparate elements, they form
If it’s not the economy, it’s new of advice and trends. It's akin to a tool for optimisation but a lens gatekeeper for data governance, integral aspects of a comprehensive
technology to get to grips with. having a set of principles or values through which your brand views the CDO is emerging as a strategic strategy designed to navigate an
Steve Silvers Or it’s political uncertainty. Social that not only guide individual the world. Misuse it, and you risk leader responsible for ensuring that ever-changing world. Brands that
EVP Creative & Media issues. Environmental concerns. New behaviour but also inform corporate betraying customer trust; use it data not only complies with laws pay attention to these principles now
Kantar regulations. Changing consumer decisions. If a brand's identity is wisely, and you could unlock novel and regulations but also serves as should be well-positioned for the
behaviours. And more seems to get uncertain or shaky – and trust me, ways to deliver value. a vital asset for brand adaptability. future, less as subjects of
added to the list each year. many are – every crisis becomes Tasked with broad responsibilities change and more as masters of
a potential existential threat. In Thirdly, data use needs impeccable that span data acquisition, their own course.
But if you’ll allow me to repurpose contrast, a strong brand identity governance and consistency. governance and science, a CDO
Charles Darwin’s most famous serves as a buffer, enabling you Brands must ensure alignment ensures that data is the lifeblood
line about evolution: it is not the to take calculated risks and adapt between data strategies and their of the organisation. The CDO's role
strongest of the species that survive, effectively to change. core identity. This is easier said is not simply administrative; it's
nor the most intelligent, but the one
most responsive to change.

35 36
TECHNOLOGY:
GAMECHANGERS AND
FALSE DAWNS

Dive deep into a year of incredible advances,


cautionary tales, and the balance of technology's
promise against its potential perils.

37 38
2023 TRENDS
AI goes mainstream Meanwhile, diffusion models (which Privacy-enhancing the potential for advertisers and
are quickly replacing generative publishers to exchange vital data,
2023 was a remarkable year for adversarial networks) are now 2023 was a technologies (PETs)
gauging the effectiveness of their The challenge
technological progress, as generative
artificial intelligence (AI) exploded
capable of generating lifelike content
indistinguishable from that created
remarkable year 2023 saw progress in the quest
for post-cookie solutions. With
campaigns while keeping sensitive
information under wraps. of measuring
into the mainstream with the
launches of ChatGPT and Bard. The
by humans. This capability is finding
applications in various domains,
for technological 2024 now slated as the official
PETs pave the way for personalised ad performance
year of deprecation for third-party
headlines have often been dramatic, such as generating product images, progress, as tracking cookies, privacy-enhancing content without the need for
without invading
with warnings of AI armageddon crafting advertising copy, and even intrusive individual tracking. Privacy
and mass job replacements, through in the development of generative artificial technologies (PETs) became a
beacon of hope for the advertising and personalisation, once thought
user privacy is being
to more utopian visions in which virtual influencers. of as opposing forces, certainly
machines might usher in a new intelligence (AI) world43.
found improved harmony in 2023, met head-on
technological age impacting almost
every part of our lives, from medicine
Behind the scenes, machine
learning is also increasingly exploded into the That is thanks, in part, to PETs
offering tried and tested methods
promising a brighter and more
secure future for online advertising. by PETs.
to homework. providing automation and efficiency
opportunities with the promise to
mainstream. alongside newer solutions – such However, it’s important to note
that PETs are not a silver bullet
as anonymised user profiles and
The reality, at least in the media optimise ad placement and predict trusted execution environments44. (see viewpoint, p45). They can
and advertising space, shows some consumer behaviour or brand This approach allows advertisers to be complex and expensive to
more modest progression on top performance. In addition, ‘deep understand their audience without implement, and they may not be
of an existing body of work, but it learning’ has improved predictive compromising individual privacy. suitable for all advertising scenarios.
is nonetheless exciting. Certainly analytics, personalisation, and even It’s also important to remember that
natural language processing (NLP), creative content creation. You name Alongside this, the challenge of PETs can only protect user privacy
the technology that underpins it, in 2023 AI and machine learning measuring ad performance without if they are used correctly – so it will
ChatGPT and Bard, is already has somehow been leveraged to invading user privacy is being met be key that the industry is educated
enhancing content personalisation support it42. head-on by PETs. Here, secure regarding their use.
and engagement, through multiparty computation offers
generating personalised news,
improving chatbots and providing
better targeted ads.

39 40
Sustainable goals, False technological dawns
technological solutions
Despite many interesting
In 2023, the media and advertising developments in 2023, it’s worth
sectors made further progress noting that last year's hot topics
towards improved sustainability. are this year's most underwhelming
At the heart of this shift was a trends: VR, the metaverse and NFTs
fusion of technology with eco- might all be considered false dawns.
conscious strategies. Ad Net Zero, Indeed, with less media coverage
for example, continued to promote focused on the metaverse it could be
use of its carbon calculator, enabling seen as an example of how short-
advertisers to measure and curtail termism exists among marketers,
their campaigns' carbon emissions45. who can often chase after the shiny
Likewise, the Media Climate new thing despite warnings it’s not
Charter in the UK is providing yet ready or that audiences aren’t
media agencies with the tools and currently interested. According to
resources to support their transition Kantar's Media Reactions study
to a zero-carbon future46. last year, a net 61% of marketers
claimed they would increase spend
Adding to this wave of change was in the medium in 2023, but the
the Global Alliance for Responsible actual net increase this year was
Media (GARM), a cross-industry only 12%48.
initiative led by the World Federation
of Advertisers, which channelled
efforts into crafting tech tools for
media companies, setting them
on a path of measurable carbon
reduction47. From harnessing
renewable energy for powering
data centres to leveraging artificial
intelligence in refining ad delivery,
the union of technology and
sustainability became much more
clear in 2023.

41 42
W H AT ’ S N E X T I N 2 0 2 4 ?
AI everywhere, all at once Overcoming privacy tech challenges Tech-driven sustainability to drive Too much tech?
media and advertising
2024 will see the media landscape – Although PETs are likely to take centre stage in 2024 may witness an ironic predicament - an
for better or worse – make much deeper 2024, some key challenges remain – particularly Consumers are demanding more eco-friendly abundance of tech solutions, but a potential
integrations of AI technologies, deploying test- around accuracy, cost considerations and user products and services, and businesses are increase in ad wastage. With numerous
and-learn methodologies. acceptance. However, data science techniques, recognising the financial and reputational technological advancements at their fingertips,
especially those involving data fusion and benefits of sustainability. businesses could struggle with identifying the
Generative AI will particularly stand out with integration, are proving to be invaluable tools in most effective tools for their operations. An
its potential to revolutionise content creation. overcoming some of these issues. In 2024, we can expect to see clients take further inability to navigate through the tech 'noise'
However, it's unlikely to be all smooth sailing. steps to reduce their environmental impact to may lead to poorly allocated resources and
Intellectual property issues loom large as those The importance of shifting from a hit their COP21 targets. Media companies will investments. So, for companies, the emphasis
responsible grapple over who exactly has rights device-centric to a people-centric approach increasingly switch to renewable energy, use should be on sorting the essential from the non-
over AI-generated inputs. Also, how are these also cannot be overstated. Devices don’t more efficient resources, and look to reduce essential, and knowing when and where
inputs funded and acknowledged, and – even more watch content and advertising, people do. In their supply chain emissions. They’re also to deploy specific technologies to their
troublesome – how can biases be avoided? this context, calibration panels will emerge more likely to produce content that’s more maximum potential.
as fundamental for achieving this shift. Such sustainable, both in terms of the production
A recent survey by Human Driven AI revealed panels serve as a hub for data integration, process and the content itself.
that 63% of US marketers fear potential calculating reach overlap, and personalising
copyright issues with AI-generated content, and device usage data. They provide the ground The rise of green media and the development
instances have already emerged of artists suing truth to deliver deduplicated audience of new sustainability metrics will also be
generative AI platforms for using their works data across various platforms and devices, important trends in 2024. As the demand for
without permission. Additionally, 41% expressed an essential capability in our increasingly sustainable media products and services grows,
apprehensions about biases in AI tools, which fragmented cross-media landscape. media companies will need to find new ways
might have been absorbed from online content49. to measure their sustainability performance.
Another critical factor in the success of PETs That means we should expect to witness the
As the year unfolds, we can expect these questions will be users' trust: ensuring data privacy development of robust sustainability metrics in
to drive debates. Meanwhile, ethical considerations could be the gamechanger in their adoption. 2024 – perhaps similar to the ‘Circular Marketing’
related to AI will gain traction. While there's Consequently, 2024 will require platforms to framework highlighted at Cannes Lions or as set
enthusiasm for AI's capabilities, concerns over educate users about PETs, foster a culture of out in the IAB’s sustainability playbook51.
its responsible usage may manifest in increased transparency about data collection and use,
lawsuits and – as we saw with 2023’s writers’ and and ensure new industry standards are set The logical extension of these measurements is
actors’ strikes – public demonstrations over its use and adopted50. that they could also feed into sustainable media
to replace people. planning – helping advertisers build media plans
around the sustainability of the channels
they’re using.

43 44

VIEWPOINT Machines can efficiently process
NEW TECH IS BALANCING PRIVACY tasks, but human expertise and
AND PERSONALISATION, BUT THE WAY oversight will remain paramount.
WE USE IT WILL BE CRITICAL TO ITS
ADOPTION AND SUCCESS

As we approach Third-party tracking cookies are on


their way out, and other limitations
However, these solutions should not
be seen as silver bullets; they are very
magical all-purpose remedy. We
must be prudent here. Machines can
The industry is at an experimental
stage, where numerous players
2024, there's a sense such as Apple's restrictive tracking much still in development, and there
are multiple challenges we must
efficiently process the bulk of the tasks, are testing different approaches to
integrate data. This could lead to
policies add another layer of but human expertise and oversight
of urgency to find complexity. Yet, the industry has overcome. From my perspective, the – particularly in regards to assessing inefficiency as companies scramble to
found a beacon of hope in privacy- chief among those hurdles is data data-quality and adherence to privacy keep up with varying protocols from
robust solutions enhancing technologies (PETs). quality. The principle of 'garbage – will remain paramount. multiple platforms. It's crucial for the
to the challenges In 2023, PETs have demonstrated their
in, garbage out' holds true in this
context; if the initial data is flawed, the Another obstacle is scalability. While
industry to standardise best practices
and move towards fewer, more
presented by potential to reconcile the conflicting outcome, no matter how advanced
the technology, will be compromised.
larger markets may embrace a efficient options for data integration.
goals of privacy and personalisation. particular solution, smaller markets
increasingly stringent Technologies like anonymised user Advertisers must be exceedingly may not be able to do the same due Through collective effort and industry-
profiles and data clean rooms allow cautious about the quality of data to financial constraints or varying wide education, we can hopefully find
privacy regulations. advertisers to gain crucial insights they integrate into these systems. privacy laws. Thus, it's essential for the right balance between privacy and
Manish Bhatia into their audience without violating the industry to develop solutions that personalisation, paving the way for
privacy norms. Secure multiparty Human oversight is another key are not only technically feasible but a more ethical and effective cross-
Chief Growth & Product Officer element that cannot be ignored. While media advertising landscape.
computation is another innovation, economically viable across different
Kantar Media enabling advertisers and publishers to PETs and other forms of advanced markets. As PETs are increasingly
exchange vital information tech are excellent at performing adopted in 2024, we’ll need to work
while ensuring that sensitive data heavy lifting tasks, they are not some together to find solutions that work
remains confidential. for everyone.

45 46
STRENGTHENING
THE SIGNAL: AUDIENCES
IN HIGH DEFINITION

By adopting more advanced strategies,


businesses are supercharging their data and
enriching their understanding of audiences –
but it’s not without challenges…

47 48
C T V C A S E S T U DY
Enhancing insights into RTVE's audience For example, the Spanish children’s TV channel CLAN
from RTVE was able to use a subset of HbbTV census
2023 TRENDS As audiences fragment and advertising becomes
increasingly targeted, panels can be enhanced to
data to enlarge the reporting sample to 100,000
individuals - resulting in a clear improvement
increase the precision of audience measurement in granularity and achieving smoother daily
and to leverage new data sets. In Spain, Kantar audience curves.
The granular data boost To underscore the promise of this development, Media is taking on this challenge by ingesting
the broad availability of first-party data is large-scale data directly from connected TVs with In the chart, we see the minute-by-minute curve for
In 2023, the business landscape reached an leveraged alongside existing panels, thereby its own panel demographic data – thus enlarging CLAN in the 20 to 34-year-old target, where it shows
inflection point due to an uptick in the adoption of strengthening the consumer signal. As we the data set. high fluctuations. Once the fusion is done,
granular data strategies. This shift was not merely capitalise on these rich, multifaceted data sources, the curve smoothes out and continues to show the
coincidental; it was facilitated by the increasing we can only expect our strategies to become even Data science techniques are used to integrate the same trends.
availability of multiple sources of data. These more effective. In essence, when it comes to the data sets, with a subset of CTV data expanding
range from direct-from-device information, such applications and effectiveness of granular data, the reporting sample, thereby augmenting the
as Smart and Connected TVs, to first-party data things can only get better. robustness of the insights and enhancing the
owned by platforms and advertisers. In addition, levels of granularity.
streaming services and the wider industry's The rise of connected TV opens new
support for better measurement have contributed data capture opportunities
to this shift.
Connected TVs (CTVs) have experienced
As a result, companies are now harnessing data rising adoption rates globally in 2023, adding Using a hybrid approach to boost data
to gain an even more granular understanding another layer to the data landscape52. As people precision for a children’s TV channel in Spain
of customer behaviours and preferences. These increasingly rely on CTV for their entertainment
insights, which can accurately identify trends 35.0 Focus on a minority audiences of 20 to 34-year-olds
needs, businesses find themselves with a further
and patterns, are proving instrumental in the source to ingest device data to enrich their 30
development of effective campaigns, improved understanding of viewership at a granular level.
customer experiences, product development and 30.0 Panel data
pricing strategies. This new avenue offers a wealth of potential
25.0 Hybrid panel + CTV data​
insights into audience viewing, including viewing
However, it's not all smooth sailing. While more patterns and preferences for specific types of 20.0
data offers invaluable insights, businesses must content. As media consumption becomes
also adapt swiftly to evolving customer needs (as more fragmented, CTVs provide an invaluable 15.0
discussed in chapter 2, p17). The good news is data source that can be ingested into
that increasingly granular data offers the agility 10.0
measurement systems to understand these
necessary to stay ahead of the curve. complex audience behaviours. 5.0
It strengthens the 'signal' by providing more
precise and actionable insights that drive Indeed, it’s one of the motivating factors behind 0.0
informed decisions. Comcast, Roku and Charter joining Amazon

02:30
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and Sky in announcing plans to build their own
TV sets53.
Source: Kantar Media Spain 2023

49 50
Under-exploitation of data weakens
the signal
One way to better
Despite the increasing availability of data, many
media businesses are not leveraging it to its full
potential. There are a number of reasons for this.
leverage first-party data
Businesses might not have the time or resources,
or they may not have the right tools or expertise
is by combining it with
in place. Additionally, some businesses may be
hesitant to use data for audience insights third-party data, which
allows businesses to create
because they’re concerned about privacy or
security issues54.

One way to better leverage first-party data, as we


noted above, is by combining it with third-party
a more complete view of
data, which allows businesses to create a more
complete view of their customers. This information their customers.
can then be used to gain deeper insights into
customer behaviour and preferences.

51 52
W H AT ’ S N E X T I N 2 0 2 4 ?
Data application - towards Businesses to supercharge their AI-driven data enhancement Diversifying data processes
predictive modelling data sets
The application of machine learning and The call for diversity is echoing beyond just
By understanding historical patterns and current Advertisers and content owners will continue to generative AI to data sets could revolutionise visible representation. In 2024, expect more
data points, media and advertising businesses move beyond siloed first-party data to integrate how the media and advertising sectors think pronounced emphasis on ensuring diversity
will increasingly anticipate future trends, allowing information from varied sources, crafting a about industry data use. These technologies within data handling practices.
them to produce content and campaigns that holistic understanding of their audience. This can refine the data we have, uncover hidden
resonate more deeply with their target audience. amalgamation, especially leveraging existing patterns, and suggest strategic directions There will be increased flexibility using a
Businesses can continue to unlock more proactive currency-grade data sets, will provide richer previously unthought of. widening range of appropriate techniques in the
and adaptive strategies in content creation insights, enabling advertisers and content ways businesses use data too, from calibrating
and advertising55. creators to produce more nuanced and first-party data with panel data, to leveraging
effective strategies. other data sources. The future is about finding
new and alternative ways to maximise the value
and impact of existing data to greater effect.

The future is about finding new and


alternative ways to maximise the value and
impact of existing data to greater effect.

53 54

VIEWPOINT There is much to learn, but 2024 is
NEW SOURCES OF GRANULAR DATA WILL the year in which serious progress will
OPEN UP A NEW FRONTIER IN 2024 be made. Indeed, the potential depth of
understanding could be truly transformative.

Over the course of However, the benefits of granular


data are accompanied by a set
There's also the matter of data
quality. While granular data is rich in
platform for understanding complex
audience behaviours, thereby shaping
2023, granularity in of challenges that need careful detail, it is not inherently good data. more effective advertising or content
management. In 2024, to get the Stringent processes of validation strategies. Panel data has also
data has become a most from this new frontier, we need and verification are essential to sift proven to be a powerful asset, and
to address these issues. through this plethora of information will increasingly be used to validate
focal point of interest to extract insights that are both the insights gained from first-party
and investment. Firstly, while new sources of data
can help both the buy and sell side
accurate and actionable. This, in turn,
calls for substantial investment in
data and to provide a broader
understanding of market trends and
unlock more value, it also raises technology and expertise. For smaller consumer attitudes.
With the advent of multiple data
concerns of data overload. The sheer businesses, the cost of acquiring,
sources – ranging from connected TVs
volume of information captured can storing and analysing granular data There is much to learn, but 2024 is
to proprietary first-party databases –
be overwhelming and necessitates can be a significant barrier, making the year in which serious progress
businesses are increasingly capturing
robust data management systems it challenging to compete in an will be made. Indeed, the potential
high-resolution data to gain more
and skilled professionals to interpret increasingly data-driven market. depth of understanding could be truly
nuanced insights into consumer
Melissa Vogel it meaningfully. Moreover, the transformative. But this potential can
behaviours and preferences. This level
granularity of data, especially when But even with these challenges, only be fully realised with a judicious
CEO - Brazil of detail is proving instrumental in
it pertains to individual behaviours the opportunities that granularity approach that balances the benefits
Kantar IBOPE Media the creation of better targeted
and preferences, brings into focus presents are compelling. For example, of granularity against the complexities
marketing campaigns, in enhanced
pressing issues around privacy and with connected TVs, we see a rising and challenges it introduces. Let’s take
customer experiences, and in fine-
data protection. Businesses must be adoption rate that gives businesses on the challenge together.
tuning product development and
rigorously compliant. unprecedented access to evermore
pricing strategies.
granular data (see CTV case study,
p50). This offers an invaluable

55 56
ABOUT KANTAR MEDIA
As people increasingly move Working with panel and first-
across channels and platforms, party data in over 80 countries,
Kantar Media’s data and we have the world’s fastest
audience measurement, growing cross-media audience
targeting, analytics and measurement footprint,
advertising intelligence services underpinned by versatility, scale,
unlock insights to inform technology and expertise, to
powerful decision-making. drive long-term business growth
for our clients and partners.

57 58
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2023​ McKinsey, September 2022 November 2022
Non-English Language Stories on 36. ‘R.I.P Leon’, Apple, January 2023 Technologies (PETs) and How Will They
26. ‘Cost of TV advertising’, Thinkbox, July 54. Salesforce, State of the Connected
8. ‘The Power of Regionality', Kantar Netflix Surges’, Netflix, March 2023 37. Kantar Media, Beyond Bias Report Apply to Ads?’, Meta, August 2021
Media, August 2023 2023 Customer Report, October 2020
18. Lindbergh & Arthur, ‘Apple TV+ Is 38. Kantar Media, Unlocking Value Report, 45. Ad Net Zero
9. Weprin, ‘Why Streaming Services on a Scripted-Series Hot Streak. Are 27. ‘Global AVOD (Advertising-Based 55. Chitanand, ‘Predictive Analytics in
2023, Marketing: Hype or Reality?’, Express
Are Pushing Subscribers to Ad Tiers’, People Paying Attention?’, The Ringer, Video on Demand) Market Forecasts 46. IPA Media Climate Charter (UK)
Hollywood Reporter, August 2023 August 2023 Report 2023: Revenues for TV Series Analytics, May 2023
47. ‘Global Alliance for Responsible Media’,
and Movies will Reach $69 Billion by
10. Wanderley, ‘Made to measure: the 19. D'Alessandro, ‘“Barbie” Still Gorgeous World Federation of Advertisers
2029, up by $30 Billion’, Business Wire,
rise of ad-supported streaming’, With Best YTD $162M Opening;
October 2023
Kantar Media, June 2023 “Oppenheimer” Detonates $82M+
In Incredible $300M+ U.S. Box Office 28. Jones, ‘Amazon Prime Video content Contributors: Creative & design:
11. Kantar Media TGI Global Quick View
Weekend’, Deadline, July 2023 to start including ads next year’, BBC Andrew Bradford, Arthur Henrique de Oliveira Silva, Echao Jiang, Ellen Hilton
2023​
News, September 2023 Candice Tobbo, Chris Larmour, Corinne In Albon,
20. Tangalakis-Lippert, ‘Netflix sets its
sights on video games for its next 29. ‘Turn Your Back (case study) Media Cristina Noriega, Dominic Sunnebo, Ed Gemmell, Editorial consultant:
chapter as growth slows for the Grand Prix at the Cannes Lions 2023’, Gary Brown, Guilherme Bourgogne Teixe, Hugo Reid, David Pidgeon
streaming giant’, Business Insider, LLLLITL, June 2023 James Powell, Juan Sanchez, Mayra Attuy,
July 2023 Natalia Takeda, Patricia Régien, Robson Melendre, Editorial management:
Stuart Wilkinson & Tara Gregson Alice Nixon, Jessi Koponen

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Published by Kantar Media, November 2023

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