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Connected TV: Impacts all stakeholders with lasting changes

Connected TV:  Impacts all stakeholders with lasting changes

The era of Connected TVs (CTVs), the game-changer in the media and entertainment industry, beckons you! CTVs are all set to play a significant role in how viewers consume media, providing an immersive and personalized experience like never before.

Gone are the days of flipping through channels or waiting for your favorite shows to air at a specific time. Connected TV is like having a super-smart TV that connects to the internet and offers a whole new world of entertainment. It lets your viewers binge watch their favorite shows and movies from streaming platforms with just a few clicks. No more waiting for scheduled broadcasts! Plus, the users can watch videos on YouTube, play games on the big screen, and even stay updated with their friends on social media, all in their living rooms. With the widespread availability of high-speed internet, CTVs have emerged as powerful platforms.

With Connected TVs (CTVs) as the gateway, content distributors can now deliver immersive and visually stunning experiences. The seamless integration of content and technology offered by content distributors creates an unparalleled escape from the ordinary, transporting viewers to captivating new worlds and experiences. Content distributors poised to seize the opportunity to captivate audiences and shape the future of entertainment.

The Growing Reach of Connected TVs:

The adoption of CTVs have experienced a substantial surge. According to the 2022 report by FICCI-EY, the number of CTV units in India alone has already reached ten million, with projections indicating that it will surpass forty million by 2025.

This rapid increase in popularity can be attributed to its affordability and widespread availability of high-speed internet. Additionally, the recent trend of streaming popular events, such as the IPL, for free has further accelerated the penetration of CTVs in the market. The rising demand for CTVs is also fueled by the increasing number of streaming platforms offering a diverse range of entertainment options and due to their cost effectiveness.

Benefits & the lone Challenge for Content Distributors in the CTV Landscape

The rise of Connected TVs has revolutionized content distribution, offering content creators unprecedented opportunities to engage a wider audience. With the integration of streaming services and apps, Connected TVs provide viewers with a diverse range of on-demand content, expanding beyond
traditional TV options.

Content distributors can capitalize on this growing market, attract new viewers, and create immersive viewing experiences. The lone challenge lies in navigating the fragmented streaming landscape and in standing out among the competition. For them, Connected TV advertising offers precise audience targeting, interactive ad formats, and real-time optimization. It enables them to extend their reach by partnering with established Connected TV brands, leveraging their credibility.

The measurement and analytics capabilities of Connected TV advertising provide valuable insights into audience behavior,
allowing for more effective campaign optimization. Overall, Connected TV advertising helps distributors effectively reach their target audiences and optimize their campaigns for maximum impact.

From the viewer’s perspective, Connected TVs provide a seamless and personalized entertainment journey. Viewers can stream movies and shows directly on their TVs, creating an immersive experience.

The use of user preferences and viewing history allows Connected TVs to provide tailored content recommendations, enhancing the selection and improving the overall viewing experience. With Connected TVs, viewers can enjoy dynamic and personalized entertainment aligned with their individual tastes.

The Future of Connected TV:

Looking ahead, the future of connected TV (CTV) in India is promising as it continues to gain traction driven by Smart TVs, faster internet, and streaming options. CTV has become a popular choice for family viewing across the country, with multiple viewers in 84% of households.

The expanding CTV market in India, supported by increasing internet penetration and the upcoming rollout of 5G technology, presents significant growth potential. Advertisers benefit from high-quality content and precise targeting options, while CTV advertising offers engaged storytelling, transparency, and real-time measurement. As brands seek better engagement and ROI, CTV advertising is expected to play a larger role in media spending, shaping the future of digital entertainment and advertising in India.

Conclusion:

As the media and entertainment industry evolves, connected TVs have become a catalyst for change. They have revolutionized the media and entertainment industry, transforming how we consume content.

The integration of internet connectivity in advanced television sets has created a powerful platform that seamlessly integrates content creators, advertisers, and viewers. At VTOTT, we understand its immense potential for content distributors and viewers alike. Together, let’s embrace the opportunities presented by connected TVs, and offer viewers immersive and personalized entertainment experiences. Get in touch with us now!

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