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    New VIOOH report: Programmatic DOOH ad spend to increase by a third

    Global digital out of home (DOOH) supply-side platform, VIOOH, has released its annual research into the programmatic DOOH market. The findings show that the future of programmatic DOOH (prDOOH) remains strong with its popularity surging, especially in Australia.

    Across campaigns Australian advertisers have worked on in the past 12-18 months, over a third (37%) have included prDOOH, with the average expected to increase to 43% in the next 18 months. Survey respondents in Australia state that they plan to increase spend by over a third (34%) over the next 18 months.

    Nearly a third of advertisers in Australia are taking budgets from other digital/traditional channels (28% and 29% respectively), and 15% are allocating new budgets for prDOOH. Whilst only 7% of main OOH teams are likely to be accessing new budget for prDOOH, when buying is diversified, this increases to 17% for digital/programmatic teams.

    See also: OMA reveals the OOH industry’s half-year net media revenue reaches $543.5 million

    The majority (81%) of those surveyed in Australia feel that prDOOH offers the most innovative opportunities compared to any other media channel, delivering highly targeted activations, the ability to buy placements in real-time, optimise campaigns in-flight and deliver dynamic and contextually relevant creative. 

    Jean-Christophe Conti, chief executive officer at VIOOH, said: “Programmatic DOOH is becoming mainstream and is now a must-have on every media plan.

    “This year’s State of the Nation report shows not only that advertising budgets continue to be reallocated for increased prDOOH spend year-on-year, but the opportunities from highly targeted activations to trigger-based buying are giving advertisers a raft of flexible high-value tools which complement both brand and performance ad campaigns.

    “With programmatic DOOH becoming more mature, media professionals are also increasingly integrating prDOOH into multi-channel strategies, often using it alongside social media and display advertising.”

    See also: VIOOH welcomes appointments of Ryan Sullivan and Mitchell Hodges

    The post New VIOOH report: Programmatic DOOH ad spend to increase by a third appeared first on Mediaweek.

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