Find stats on top websites
The marketing industry is currently undergoing rapid transformation driven by digital technologies and evolving consumer behaviors. Data analytics, AI, and personalized marketing strategies are becoming increasingly important. Companies are focusing on enhancing customer experience and building stronger brand loyalty through innovative campaigns and content. The industry is also seeing a rise in remote work and virtual events, adapting to the changing needs of professionals and businesses. Competition is fierce, with companies needing to stay agile and informed to maintain relevance.
Total Assets Under Management (AUM)
Digital Ad Spend in United States
~408 Billion USD
(9.7% (2024) CAGR)
- Digital ad spend continues to surge, driven by mobile and video advertising.
- Social media platforms are key drivers of growth in the advertising market.
- Programmatic advertising is becoming more prevalent, increasing efficiency and targeting capabilities.
500 Billion USD
AI-driven personalization is enabling marketers to deliver highly relevant content and experiences to individual customers, increasing engagement and conversion rates.
Data analytics and attribution tools provide marketers with deeper insights into campaign performance, allowing them to optimize their strategies and maximize ROI.
AR/VR technologies are creating immersive brand experiences and interactive advertising formats, enhancing customer engagement and brand recall.
The CCPA (2018) grants California residents rights regarding their personal data, including the right to know, the right to delete, and the right to opt-out of the sale of their personal information; CPRA (2020) amends and expands CCPA, establishing the California Privacy Protection Agency (CPPA) and introducing new consumer rights.
Businesses need to ensure transparent data collection practices and provide consumers with clear choices regarding the use of their personal information, affecting how marketing campaigns are designed and executed.
The CAN-SPAM Act establishes requirements for commercial email, including not using deceptive subject lines, providing an opt-out mechanism, and including a physical postal address; it also prohibits the sale or transfer of email addresses that were obtained through automated means.
Companies must obtain explicit consent for marketing communications, impacting email marketing strategies and requiring adjustments to opt-in and opt-out mechanisms.
The FTC's Endorsement Guides require that endorsements and testimonials be truthful and not misleading; advertisers must disclose any material connections between themselves and endorsers that could affect the weight or credibility of the endorsement, such as payment or free products; the guides also apply to social media influencers and marketers, detailing how and when to disclose such relationships in their posts and content, ensuring transparency with audiences and compliance with advertising laws and best practices, and is updated periodically to adapt to emerging marketing trends and practices. (updated periodically, most recently May 2023). The FTC has issued guidelines and enforcement actions related to influencer marketing, requiring clear and conspicuous disclosures of material connections between brands and influencers to maintain transparency and avoid deceptive advertising.
Businesses need to disclose when influencers are paid or incentivized, ensuring marketing content is transparent and trustworthy, which impacts influencer marketing campaign strategy.
Sign up now and unleash the power of AI for your business growth