LONDON, July 21, 2011 /PRNewswire/ --
Social Participation TV (S P-TV) Will Drive Interactive Behaviour to Generate $2.9bn Globally by 2016
Mobile and digital technology business Mobile Interactive Group (MIG) today released a major research white paper on the trends and opportunities in participation TV (P-TV) services in particular social channels across global markets.
The research uncovers key technological and behavioural insights in to the entire P-TV value chain, from the types of devices that consumers use to interact with TV shows (tablet, internet, mobile, apps, SMS, fixed line) how they multi-task with them whilst watching TV and over which payment channels they prefer to purchase participation services such as voting and competitions.
It also interrogates mash-ups between established social media channels, in particular Twitter and Facebook, with TV and interactivity concluding that there is an emerging and potent P-TV model based on interactivity driven through social media -Social Participation TV, a new term identified by MIG.
Key research findings include:
1. Mobile will become the main vehicle for interaction between viewer and broadcaster
40% of mobile users are most likely to be multi-tasking using their phone while watching the TV
2. Smartphone adoption will drive TV and mobile multi-tasking in UK and US, creating a more engaged audience, and significantly increasing programme interaction
The majority of multi-tasking occurs during the evenings and weekends during peak TV times when online browsing declines and mobile browsing grows
3. Facebook will drive a shift in interactive audience behaviour away from phone calls and text with these channels becoming peripheral in the long term
Facebook mobile now accounts for 50 % of its 700 million users globally. 67% of all respondents indicated that the internet is the ideal way to interact with TV shows with 50% of those indicating that Facebook would be their preferred channel to purchase and use participation TV services such as voting.
4. Interactive events via Facebook are expected to generate $51.7 million (£32.04 million) in the UK by 2012 and $2.9 billion globally by 2016.
MIG's global research into the Social Participation TV sector, incorporated qualitative and quantitative insights from The IAB and PhonePay Plus and Adfonic, and also drew conclusions from interviews conducted with 3,000 consumers in the UK.
Barry Houlihan, CEO, Mobile Interactive Group said: "Social participation TV is a huge opportunity for MIG and our broadcast partners, with mobile featuring as the key enabler and engagement tool. The mobile device is ingrained in our daily lives, and is rapidly becoming a core component in the ability to create an interaction between the viewer and the TV.
As a medium, TV continues to be the biggest and best in terms of attracting a large audience; and mass P-TV shows like Big Brother remain the cornerstone for broadcasters in terms of interaction and entertainment, whilst also opening new revenue channels."
MIG's global platform 'mVoy' enables brands from all over the world to interact, engage and communicate with consumers via mobile. mVoy Engage provides media, broadcast entertainment companies with a definitive toolset to power social interactive formats and services to viewers.
About Mobile Interactive Group
Mobile Interactive Group (MIG) is a global integrated mobile and digital communications business and is the fastest growing privately owned technology company in the UK and EMEA (Deloitte).
Comprising a unique combination of services, MIG specialist disciplines include mobile technology and services provision; mobile billing, messaging and mCommerce; mobile advertising and marketing; multi-channel digital solutions; the design, build and publishing of mobile internet sites and applications, and user experience design.
All platforms, products and applications are developed in-house and are MIG's proprietary technology. Our global platform mVoy enables brands from all over world to interact, engage and communicate with consumers via mobile.
- mVoy Publish: Create, build, host & manage mobile commerce, mobile websites & apps
- mVoy Communicate: Build & manage interactive messaging & multi-step marketing campaigns
- mVoy Engage: Power social interactivity & voting via mobile sites, apps, Facebook and Google +
- mVoy Connect: Enable & deliver high volume mobile messaging campaigns & payments
MIG currently serves multiple sectors including Technology Providers, Retail, Mobile Network Operators (MNO), Media, Broadcaster & Entertainment, Financial Services, Public Sector and Government Agencies, FMCG, Original Equipment Manufacturers (OEM). Additionally we have over 300 clients including New Look, M&S, O2, Vodafone, ITV, Sky, Barclaycard, MoneySupermarket, Sony PlayStation, COI, Walkers, Tropicana, Nokia, Samsung and in May 2011 MIG announced its 'Preferred Developer Status' as selected by Facebook.
Whether your objectives are to drive customer acquisition, increase brand awareness, or encourage consumer engagement and participation - MIG can get involved at variety of levels to achieve the desired results across all mobile and digital channels. Innovation, technology, creativity and passion remain core to everything we do and we aim to help our clients understand the benefits of adopting a fully integrated, cross platform communications strategy.
SOURCE Mobile Interactive Group (MIG)