News

US adults will consume almost as much media as last year, but TV viewing will decline


The pandemic drove a dramatic increase in time US consumers spend per day with media.
Most of those increases will stick in 2021; but traditional TV will lose all its 2020 gains.

Do you work in the Marketing, Media & Advertising industry? Get business insights on the latest tech innovations, market trends, and your competitors with data-driven research.

The following is a preview of one Media, Advertising, and Marketing report, the US Time Spent with Media 2021 report. You can purchase this report here.

Last year, the average US adult spent more time per day with most media formats and devices, including TV. Although adults will spend nearly as much time with media this year, their TV viewing time will drop below pre-pandemic levels.

Digital media usage gains after the pandemic, but traditional formats fade.

We estimate that average daily time spent with media increased by almost an hour (58 minutes) in 2020, to a new high of 13 hours, 21 minutes (13:21). Some traditional media formats like TV and print newspapers saw growth for the first time in years, while time others fell slightly.

That increase in overall media time will be almost fully sustained in 2021. Adults will spend 9 minutes less with media per day this year, for an average of 13:12, and slightly less each year through the end of our forecast in 2023. The stickiness of increased engagement is impressive nonetheless, given how significantly media consumption grew during the pandemic in 2020.

Digital media will account for the majority of sustained time spent increases from 2020 and will continue to grow in 2021. This year, US adults will add an average of 9 minutes to their daily time spent with digital media-even after adding more than an hour (1:01) in 2020.

Increases in digital media time spent will be modest this year and through 2023, given how much growth was unexpectedly pulled forward into 2020. Average time spent with digital media will increase by 2.0% year over year (YoY) in 2021, a deceleration from 2020’s 14.8% surge.

But average time spent with traditional media will decrease by 5.7% in 2021, a decline largely attributable to people spending less time watching traditional TV. The average US adult will spend 18 less minutes consuming traditional media this year-16 of which will come from declines in TV viewing time. US adults will also spend slightly less time than last year listening to radio and consuming print media this year.

Ultimately, 2020 was an anomalous year for TV. The medium picked up minutes for the first time since 2012, as people spent more time watching TV news about the pandemic, US elections, and social unrest.

This year, however, TV will reverse its 2020 growth and fall below 2019 levels. We expect that time spent watching TV will continue to contract: The average US adult will spend another 15 minutes less with the medium in 2022, and 11 minutes less in 2023.

While the decline in TV viewing time is partly due to consumers watching less linear programming amid …read more

Source:: Business Insider

      

(Visited 5 times, 2 visits today)

Leave a Reply

Your email address will not be published. Required fields are marked *