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The digital marketing industry for local businesses is experiencing robust growth driven by the increasing need for online visibility and reputation management post-COVID. Businesses are actively seeking comprehensive solutions to attract customers and compete effectively online. AI integration and data-driven strategies are becoming crucial for success, emphasizing targeted and measurable marketing efforts.
Total Assets Under Management (AUM)
Number of Small and Medium Businesses (SMBs) in United States
~33.3 million SMBs (U.S. Small Business Administration, 2023)
(2.5% (U.S. Small Business Administration, 2023) CAGR)
- Growth in new business formations.
- Increasing adoption of digital tools by traditional businesses.
- Expansion of e-commerce activities among SMBs.
70 billion USD