Key Takeaways
- 2.9 billion people are estimated to use social media worldwide in 2023
- 4.88 billion people are estimated to be mobile social media users in 2023
- The global influencer marketing market size is expected to reach $21.1 billion in 2024
- In 2022, 55% of adults in the U.S. reported using social media platforms
- In 2023, 84% of U.S. adults with social media accounts reported using Facebook
- In 2023, 71% of U.S. adults with social media accounts reported using YouTube
- For email campaigns, the median open rate across industries is 21.3% (benchmarked)
- For email campaigns, the median click rate is 2.6% (benchmarked)
- For email campaigns, the median bounce rate is 0.7% (benchmarked)
- The average cost of acquiring a customer (CAC) for e-commerce is $45 (industry benchmark)
- Digital ad CPM benchmarks: 2024 average display CPM is around $4.00 to $10.00 depending on targeting (industry benchmark compilation)
- Facebook ad CPM for Q1 2024 is reported around $10.02 (Social ads benchmark report)
In 2024, marketers are scaling SEO, email, automation, and influencer spending to stay competitive across social.
Market Size
Market Size Interpretation
Industry Trends
Industry Trends Interpretation
Performance Metrics
Performance Metrics Interpretation
Cost Analysis
Cost Analysis Interpretation
References
- 1datareportal.com/social-media-users
- 2datareportal.com/reports/digital-2023-global-overview-report
- 3statista.com/statistics/1069343/influencer-marketing-global-revenue/
- 4statista.com/statistics/273671/email-marketing-market-size-worldwide/
- 5statista.com/statistics/472028/marketing-automation-market-size/
- 6statista.com/statistics/1239021/global-content-marketing-market-size/
- 7statista.com/statistics/1234601/seo-software-market-size-worldwide/
- 8statista.com/statistics/252424/pr-and-communication-services-market-size/
- 9statista.com/statistics/1166206/pr-software-market-size-worldwide/
- 11statista.com/statistics/490138/programmatic-advertising-revenue-worldwide/
- 16statista.com/statistics/244682/advertising-spending-in-the-united-states/
- 19statista.com/statistics/1194845/adblocker-users-worldwide/
- 20statista.com/topics/8183/influencer-marketing/
- 36statista.com/statistics/241473/traffic-share-of-search-engines-worldwide/
- 46statista.com/statistics/1269859/influencer-marketing-budget-size-us/
- 10emarketer.com/content/worldwide-digital-ad-spending-forecast-2024
- 12martech.org/martech-landscape/
- 13investor.fb.com/financials/quarterly-results/default.aspx
- 14businessofapps.com/data/tik-tok-statistics/
- 15marketsandmarkets.com/Market-Reports/marketing-automation-software-market-243112.html
- 17microsoft.com/en-us/worklab/work-trend-index/2023
- 18pewresearch.org/internet/fact-sheet/social-media/
- 21semrush.com/blog/seo-statistics/
- 22litmus.com/blog/email-marketing-statistics/
- 23emarsys.com/blog/marketing-automation-statistics/
- 24salesforce.com/resources/research-reports/state-of-marketing/
- 25gartner.com/en/newsroom/press-releases/2024-04-25-gartner-survey-reveals-64-percent-of-marketers-using-generative-ai
- 30gartner.com/en/newsroom/press-releases/2024-04-11-gartner-first-party-data-strategy
- 33gartner.com/en/articles/gartner-b2b-marketing-optimization
- 34gartner.com/en/newsroom/press-releases/2024-02-15-gartner-survey-shows
- 26web.dev/vitals/
- 27contentmarketinginstitute.com/research/2024-b2c-content-marketing-benchmarking-report/
- 41contentmarketinginstitute.com/research/
- 28marketingcharts.com/cross-channel/b2b-marketing-channel-forecast-2024-123456
- 29blog.hubspot.com/marketing/ppc-statistics
- 31wyzowl.com/video-marketing-statistics/
- 32hubspot.com/state-of-marketing
- 35campaignmonitor.com/resources/guides/email-marketing-benchmarks/
- 37thinkwithgoogle.com/marketing-strategies/mobile-site-speed-matters/
- 38thinkwithgoogle.com/intl/en-154/insights/data/mobile-speed-matters/
- 39kantar.com/campaigns/industry-insights/defining-video-view-through-rate
- 40business.linkedin.com/marketing-solutions/blog/linkedin-advertising-benchmarks
- 42shopify.com/blog/customer-acquisition-cost
- 43adstage.io/blog/display-ad-benchmarks/
- 44wordstream.com/blog/ws/facebook-ad-benchmarks
- 45brightlocal.com/research/local-consumer-review-survey/
- 47ibm.com/reports/data-breach







