People around the world will spend more than eight hours a day consuming media this year. According to the Media Consumption Forecasts, a new report by ZenithOptimedia covering key global markets (Asia Pacific, Central & Eastern Europe, Latin America, MENA, North America and Western Europe among others), people will spend an average of 492 minutes a day consuming media in 2015, up 1.4% from 485 minutes a day in 2014; and increase that will be driven by the rapid growth in internet use, which will increase by 11.8%. ZenithOptimedia's Media Consumption Forecasts report surveys the changing patterns of media consumption in 65 countries across the world, and assesses how the amount of time people allocate to different media will change between 2014 and 2017. The report looks at the amount of time spent reading newspapers and magazines, watching television, listening to the radio, visiting the cinema, using the internet, and viewing outdoor advertising while out of the home.
MENA media consumption increasingly skews towards the Internet
The MENA region will see its average media consumption rise from 634.8 to 655.5 minutes per day between 2014 and 2015, an increase of 3.3% owing to a notable 15% growth in internet use. This pattern is expected to remain consistent over the next two years, the report shows, with average media consumption in the region rising steadily to reach 716.4 minutes per day - near half of which will be spent on the Internet - by 2017. Furthermore, Internet daily consumption is projected to grow by 30 percent in the KSA and by 15.8 percent in the UAE between 2015 and 2017.
Internet consumption to grow at 10% a year, expanding overall consumption
Global media consumption increased from an average of 461.8 minutes a day in 2010 to 485.3 minutes a day in 2014, an increase of 5.1%, or an average of 1.2% a year. Over these years, the amount of time people spent using the internet nearly doubled from an average of 59.6 to 109.5 minutes a day, while time allocated to more traditional media shrank from 402.2 to 375.8 minutes. Mobile technology in particular has created new opportunities to consume media, by allowing people to access the internet while out and about - shopping, commuting to work, waiting to meet friends, and so on.
We forecast that, between 2014 and 2017, the amount of time spent consuming media around the world will increase by an average 1.4% a year, reaching 506.0 minutes in 2017. Meanwhile, internet consumption will grow by 9.8% a year to reach 144.8 minutes a day. The internet's share of overall media consumption will rise from 12.9% in 2010 and 22.6% in 2014 to 28.6% in 2017.
Television still dominates global media consumption
Despite its recent, relatively minor, decline, television remains by far the most popular of all media globally, attracting 183.9 minutes of consumption a day in 2014. Internet consumption came a distant second at 109.5 minutes a day. Television accounted for 42.4% of global media consumption in 2010, and 37.9% in 2014. We think it will still account for more than a third (34.7%) by 2017.
Traditional media facing pressure from the internet
While the internet has propelled growth in overall media consumption, it has also eroded the consumption of traditional media. The consumption of every traditional medium except outdoor (i.e. newspapers, magazines, television, radio and cinema) fell between 2010 and 2014, directly because of competition from the internet, and we expect their decline to continue to 2017.
Newspapers have suffered the most from competition from the internet, followed by magazines. Between 2010 and 2014 the average time spent reading newspapers fell by 25.6%, while time spent reading magazines fell 19.0%. Television consumption fell by just 6.0%. Between 2014 and 2017 we expect newspaper consumption to shrink by an average of 4.7% a year, while magazines and TV shrink at average rates of 4.4% and 1.6% respectively. Note that these figures only refer to time spent with these media in their traditional forms - with printed publications and broadcast programmes watched on television sets. Any time that consumers spend with broadcasters' and publishers' online brand extensions is included in the internet total.
Exposure to outdoor advertising is rising
The amount of time people are exposed to outdoor advertising increased by 1.2% between 2010 and 2014, from 106.0 to 107.2 minutes a day. This is the result of several factors: more displays being built in public spaces, migration to cities in emerging markets, and consumers' greater willingness to spend their leisure time out of the home as their disposable income recovered after the financial crisis. Between 2014 and 2017 we expect exposure to outdoor advertising to increase by 0.2% a year.
Latin Americans spend the most time with media, people in Asia Pacific the least
Media consumption is highest in Latin America, where people spent an average of 744 minutes consuming media in 2014, and lowest in Asia Pacific, where consumption averaged just 301 minutes that year. Time spent consuming media in Asia Pacific is growing well ahead of the global average, however, as economic development gives people access to more media, and more leisure time in which to consume them: media consumption expanded by 6.7% in 2014, and we forecast average annual growth of 2.9% to 2017.
"The average person already spends half their waking life consuming media," said Jonathan Barnard, ZenithOptimedia's Head of Forecasting. "But people around the world are clearly hungry for even more opportunities to discover information, enjoy entertainment and communicate with each other, and new technology is supplying these opportunities. Technology also enables brands to communicate with and learn from consumers in new ways. We expect media consumption to continue to grow for the foreseeable future, multiplying the opportunities for brands to develop relationships with consumers."
Maha El Gazzar
Regional Brand Reputation & Communications Director
Tel: +97143676371
E-mail: maha.elgazzar@vivaki.com
About ZenithOptimedia
ZenithOptimedia - www.zenithoptimedia.com - is a leading global media services network with over 7,500 people working in 262 offices across 74 countries. We are part of Publicis Groupe, the world's third largest communications group, and the world's second largest media agency group. As the first agency to apply a rigorous and objective approach to improving the effectiveness of marketing spend, ZenithOptimedia delivers to clients the best possible return on their communications investment. This philosophy is supported by a unique approach to strategy development and implementation across the full spectrum of paid, owned and earned contact points - the Live ROI planning process. The ZenithOptimedia Group of companies equips our clients with a full range of integrated skills across communications planning, value optimisation, performance media and content creation. Our key clients include Aviva, Clarins, Kering, Lactalis, L'Oréal, LVMH, Nestlé, Oracle, Reckitt Benckiser, Richemont Groupe, SCA, Sanofi, Toyota and 21st Century Fox.
About the Media Consumption Forecasts
ZenithOptimedia's Media Consumption Forecasts surveys media consumption in 65 countries around the world. It looks at daily and seasonal patterns of media consumption, and tracks the development of time spent with media from 2010 to 2014, with forecasts to 2017.
The Media Consumption Forecasts may be ordered in hard or soft copy from www.zenithoptimedia.com for £345.
© Press Release 2015
