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9 Reasons Why Online Video Advertising Has Failed to Meet Previous Forecasts
TechCrunch Oct 08 11In 2007, I published a post that aggregated a series of projections for where online video advertising would be in the future. One estimate, set in 2004, of the expected size of the US online video ad market by 2009 was $657 million. A year later, there was a 2009 estimate at $1.5 billion. According to the IAB, the actual number for video advertising in 2009 was $908 million (and grew to $1.4 billion in 2010). If you go back to 2007, estimates for 2011 ranged from $4.3 billion (eMarketer, again) to $10 billion. The economic meltdown of 2008-09 made all previous projections moot, but its net effect was favorable for online advertising and video at the expense of print and television advertising. Full story...
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