In a recent report by ZenithOptimedia, the Media Consumption Forecasts, which covers key global markets (Asia Pacific, Central and 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 percent from 2014. According to the forecast, this increase will be driven by the rapid growth in Internet use, which will increase by 11.8 percent this year. 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 percent owing to a 15 percent 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 – nearly 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 percent a year
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 percent, or an average of 1.2 percent 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.
ZenithOptimedia forecasts that, between 2014 and 2017, the amount of time spent consuming media around the world will increase by an average 1.4 percent a year, reaching 506.0 minutes in 2017. Meanwhile, internet consumption will grow by 9.8 percent a year to reach 144.8 minutes a day. The internet’s share of overall media consumption will rise from 12.9 percent in 2010 and 22.6 percent in 2014 to 28.6 percent in 2017.
Television still dominates
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 percent of global media consumption in 2010, and 37.9 percent in 2014. ZenithOptimedia thinks it will still account for more than a third (34.7 percent) 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 the research suggests this decline will 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 percent, while time spent reading magazines fell 19.0 percent. Television consumption fell by just 6 percent. Between 2014 and 2017 ZenithOptimedia expects newspaper consumption to shrink by an average of 4.7 percent a year, while magazines and TV shrink at average rates of 4.4 percent and 1.6 percent respectively. Note that these figures only refer to time spent with these media in their traditional forms – with printed publications and broadcast programs 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 percent 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 predictions indicate exposure to outdoor advertising to increase by 0.2 percent a year.
Global consumption break down
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 percent in 2014, and ZenithOptimedia forecast average annual growth of 2.9 percent to 2017.
“The average person already spends half their waking life consuming media,” says Jonathan Barnard, ZenithOptimedia’s head of forecasting, in a press statement. “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. The research suggests media consumption to continue to grow for the foreseeable future, multiplying the opportunities for brands to develop relationships with consumers.”