Pixalate Releases Global Mobile App Ad Spend Benchmarks Reports for Open Programmatic Advertising: $6.5 Billion in Estimated Ad Spend in Q3 2024, ‘Video Gaming’ IAB App Category Leads in North America, APAC, EMEA, and LATAM
London, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Pixalate, the global market-leading ad fraud protection, privacy, and compliance analytics platform, today released the inaugural Global Mobile App Ad Spend Benchmarks Report for open programmatic advertising. The Q3 2024 report provides a detailed analysis of estimated global open programmatic ad spend on mobile apps from the Google Play Store and Apple App Store, including breakdowns by IAB categories and subcategories.
Pixalate also released North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (EMEA), and Latin America (LATAM) versions of the report.
Pixalate’s data science team analyzed over 70 billion open programmatic ad transactions across 10 million mobile apps in the Google Play Store and Apple App Store in Q3 2024 to compile the research in this series. Pixalate's datasets consist predominantly of buy-side open auction programmatic traffic sources.
Key Findings: Q3 2024 Global Mobile App Ad Spend Benchmarks Report
Global Key Findings
- $6.55 billion estimated global open programmatic mobile app ad spend in Q3 2024
- “Video Gaming” IAB app category captured an estimated 62% share of open programmatic ad spend on mobile apps in Q3 2024, representing an estimated $4 billion global open programmatic mobile app ad spend
- “Video Gaming” led globally and in all four global regions, including EMEA (71% SOV), LATAM (64% SOV), North America (60% SOV), and APAC (52% SOV)
- “Video Gaming” IAB app category captured an estimated 62% share of open programmatic ad spend on mobile apps in Q3 2024, representing an estimated $4 billion global open programmatic mobile app ad spend
- “Sports” IAB app category grew its share of global open programmatic ad spend by 46% YoY, Q3 2023 vs. Q3 2024
- “Weather” IAB app subcategory under the “News & Politics” IAB category saw the most YoY growth in ad spend, seeing a 49% YoY increase
- “Weather” IAB app subcategory under the “News & Politics” IAB category saw the most YoY growth in ad spend, seeing a 49% YoY increase
Regional Key Findings
- In APAC, Yeahmobi sold 37% of open programmatic ads in the “Technology & Computing” IAB app category, according to Pixalate’s estimates
- In North America, Magnite and PubMatic each sold 12% of open programmatic ads in the “Video Gaming” IAB app category, according to Pixalate’s estimates
- In LATAM, Google AdExchange sold 47% of open programmatic ads in the “Music and Audio” IAB app category, according to Pixalate’s estimates
- In EMEA, Verve Group and Appodeal each sold 17% of open programmatic ads in the “Music & Audio” IAB app category, according to Pixalate’s estimates
The report offers insights for advertisers evaluating contextual targeting strategies in the global open programmatic supply chain. With the rise of contextual advertising amidst the deprecation of cookies and behavioral targeting, advertisers can use the data and insights from this new report to understand the distribution of advertising spend as determined by Pixalate, across different IAB categories and subcategories within specific regions. Advertisers can further use the insights to optimize campaigns to reach more relevant audiences within appropriate mobile environments.
Download the reports for a complete analysis and review of IAB Category Mobile App Ad Spend Trends:
About Pixalate
Pixalate is a global market-leading ad fraud protection, privacy, and compliance analytics platform. Pixalate works 24/7 to guard your reputation and grow your media value by offering the only system of coordinated solutions across display, app, video, and CTV for the detection and elimination of ad fraud. Pixalate is an MRC-accredited service for the detection and filtration of sophisticated invalid traffic (SIVT) across desktop and mobile web, mobile in-app, and CTV advertising. www.pixalate.com
Disclaimer
The content of this press release, and the Mobile App Ad Spend Benchmarks Reports, reflects Pixalate’s opinions with respect to the factors that Pixalate believes can be useful to the digital media industry. Any data shared is grounded in Pixalate’s proprietary technology and analytics, which Pixalate is continuously evaluating and updating. Any references to outside sources should not be construed as endorsements. Pixalate’s opinions are just that, opinions, which means that they are neither facts nor guarantees. Pixalate is sharing this data not to impugn the standing or reputation of any entity, person or app, but, instead, to report findings and trends pertaining to the time period studied.
Nina Talcott ntalcott@pixalate.com
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