What happened
IAB Tech Lab announced an expansion of its Open Measurement SDK to support new connected TV (CTV) ad formats, including Pause, Menu, Screensaver, and Overlay Ads. This update adds impression measurement for these formats, which are part of the group's CTV Ad Portfolio, as the industry moves beyond traditional pre-roll and mid-roll inventory. The change addresses the measurement challenge that these formats do not always occupy the full screen or behave like standard video ads. Standardized measurement provides a common method for buyers and sellers to verify ad delivery and on-screen visibility. This comes as U.S. digital video ad spending is projected to exceed $80 billion in 2026, a 13.8% growth for CTV ad spending, and as digital video is expected to account for over 60% of total TV and video ad spending. The initiative aims to facilitate programmatic transaction of these newer formats.
Key facts & figures
- ·IAB Tech Lab expanded its Open Measurement SDK to include impression measurement for Pause, Menu, Screensaver, and Overlay CTV ad formats.
- ·The update is part of IAB's CTV Ad Portfolio, addressing viewability measurement for non-full-screen ad formats.
- ·U.S. digital video ad spending is projected to exceed $80 billion in 2026, up 11% year over year.
- ·CTV ad spending is projected to grow 13.8% in 2026.
- ·Digital video is expected to account for over 60% of total TV and video ad spending for the first time.
Key questions for investors and operators
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Companies & platforms involved
IAB Tech Lab is expanding its Open Measurement SDK to include new connected TV ad formats.
Todd Randak, general manager of CTV at DoubleVerify, commented on the need for consistent measurement.