Ad-Based videos steer major revenue for every business. Electronic ads are getting a huge pool of money in the current technology. Effective video ad monetization process promises the popularity & income generated in the business.
Advertising revenue for videos will reach $47 billion by 2023. Yes, you read that correctly: $47 billion!
Evolution of internet technology provides video advertising content to reach netizen’s devices. Being free of cost, viewers tend to watch the content at zero cost.
Millennials are most likely to watch live video on a smartphone (56%) or a tablet (44%).
Another benefit is, it maximizes the audience base. It raises revenues based on the enlarging of ad-views. High visibility of ads results in a high turnover of returns.
More than 69% of U.S. households subscribe to at least one OTT service. Furthermore, a full 38% subscribe to two or more