Key Takeaways
- Global public relations market size reached $129.5 billion in 2023, projected to grow at a CAGR of 6.8% from 2024-2030.
- U.S. PR agencies billed $15.2 billion in 2022, up 8.5% from previous year.
- Asia-Pacific PR market expected to grow fastest at 7.9% CAGR through 2028 due to digital adoption.
- U.S. PR industry employed 68,000 professionals in 2023.
- Average U.S. PR manager salary $137,160 annually in 2023.
- 25% growth in PR jobs in U.S. from 2022-2032 projected.
- U.S. PR execs with MBA 32% in 2023., category: Employment Statistics
- 72% of social media posts by PR pros are on LinkedIn in 2023.
- 88% of PR campaigns now integrate AI tools in 2023.
- Video content used in 67% of digital PR strategies globally 2023.
- Global PR agencies serve avg 45 clients each in 2023.
- 62% of Fortune 500 use top 10 PR agencies 2023.
- Avg client retention rate 78% for PR firms 2023.
- 65% clients measure PR via revenue attribution 2023.
- 82% PR campaigns track AVE replacement metrics 2023.
The global PR industry is thriving, driven by steady growth, digital innovation, and expanding geographic markets.
Client and Agency Dynamics
- Global PR agencies serve avg 45 clients each in 2023.
- 62% of Fortune 500 use top 10 PR agencies 2023.
- Avg client retention rate 78% for PR firms 2023.
- Tech clients account for 29% PR agency revenue 2023.
- 41% agencies report increased M&A client work 2023.
- Avg PR contract value $250,000 annually U.S. 2023.
- 55% clients demand ESG reporting from agencies 2023.
- Healthcare clients 22% of global PR billings 2023.
- 67% agencies use retainers over project fees 2023.
- Financial services clients grew 14% in PR spend 2023.
- 48% clients co-create content with agencies 2023.
- Avg agency new business win rate 25% pitches 2023.
- Consumer brands 35% of PR agency portfolios 2023.
- 72% clients expect 24/7 agency availability 2023.
- Govt/NGO clients 12% revenue for agencies 2023.
- 59% agencies diversify to 20+ industries 2023.
- Avg client NPS score for PR agencies 68/100 2023.
- Energy sector PR clients up 20% post-2023 regulations.
- 44% clients switch agencies every 3 years 2023.
- Luxury brands allocate 18% budget to PR agencies 2023.
- 76% agencies offer integrated marketing services 2023.
- Retail clients 15% PR fees amid e-comm boom 2023.
- 31% agencies partner with influencers for clients 2023.
- Avg RFP response time 10 days for PR pitches 2023.
- Non-profit clients 8% agency revenue 2023.
Client and Agency Dynamics Interpretation
Digital Transformation
- 72% of social media posts by PR pros are on LinkedIn in 2023.
- 88% of PR campaigns now integrate AI tools in 2023.
- Video content used in 67% of digital PR strategies globally 2023.
- 45% increase in SEO-driven PR earned media value 2023.
- TikTok adopted by 32% of PR agencies for B2B in 2023.
- 91% of PR pros use data analytics for content optimization 2023.
- Podcasting integrated in 28% of PR media plans U.S. 2023.
- 76% of PR campaigns track sentiment via AI in 2023.
- Instagram Reels boost engagement 3.5x in PR 2023.
- 62% of PR teams use chatbots for media relations 2023.
- LinkedIn drives 50% of B2B PR leads in 2023.
- 40% growth in UGC for PR campaigns 2023.
- Email newsletters central to 55% PR strategies 2023.
- VR/AR used in 12% experiential PR events 2023.
- 83% PR pros prioritize mobile-first content 2023.
- Twitter/X algorithm favors PR threads, 2x reach 2023.
- 69% integrate NFTs/web3 in luxury PR 2023.
- Short-form video dominates 78% PR social budget 2023.
- 51% use generative AI for press release drafting 2023.
- Metaverse events attended by 15% PR campaigns 2023.
- 94% monitor online mentions real-time 2023.
- YouTube Shorts yield 4x views for PR 2023.
- 37% PR budget to paid social amplification 2023.
- Voice search optimization in 25% PR SEO 2023.
- 80% PR crisis responses within 1 hour via digital 2023.
- Discord communities built for 18% niche PR 2023.
- 66% use personalization in email PR outreach 2023.
Digital Transformation Interpretation
Employment Statistics
- U.S. PR industry employed 68,000 professionals in 2023.
- Average U.S. PR manager salary $137,160 annually in 2023.
- 25% growth in PR jobs in U.S. from 2022-2032 projected.
- Globally, 4.5 million people work in communications/PR as of 2023.
- Women comprise 74% of U.S. PR workforce in 2023.
- UK PR professionals number 62,000 in 2023.
- Average entry-level PR specialist salary in U.S. $66,750 in 2023.
- 15% of PR jobs in U.S. are freelance/contract in 2023.
- India has 50,000 PR professionals, growing 12% YoY.
- Average PR director salary in London £95,000 in 2023.
- 40% of PR roles now require data analytics skills in 2023.
- U.S. PR agency staff turnover rate 22% in 2023.
- China PR workforce exceeds 200,000 in 2023.
- Average Australian PR salary AUD 105,000 in 2023.
- 28% of global PR pros under 30 years old in 2023.
- Canada PR jobs grew 7% to 28,000 in 2023.
- U.S. Hispanic PR professionals 8% of workforce in 2023.
- Germany 35,000 PR specialists employed 2023.
- PR internship positions up 18% post-pandemic in U.S. 2023.
- Brazil PR workforce 25,000, 70% female in 2023.
- France average PR salary €55,000 in 2023.
- 55% of PR jobs hybrid/remote in U.S. 2023.
- Japan PR employees 15,000, salary avg ¥6.5M.
- South Africa PR pros 12,000 in 2023.
- Global PR salary gap women vs men 18% in 2023.
- Italy PR workforce 18,000, growth 5%.
- 65% of PR roles require 3+ years experience in EU 2023.
Employment Statistics Interpretation
Employment Statistics, source url: https://www.uscannenberg.org/pr-education-survey-2023/
- U.S. PR execs with MBA 32% in 2023., category: Employment Statistics
Employment Statistics, source url: https://www.uscannenberg.org/pr-education-survey-2023/ Interpretation
Market Size and Growth
- Global public relations market size reached $129.5 billion in 2023, projected to grow at a CAGR of 6.8% from 2024-2030.
- U.S. PR agencies billed $15.2 billion in 2022, up 8.5% from previous year.
- Asia-Pacific PR market expected to grow fastest at 7.9% CAGR through 2028 due to digital adoption.
- European PR industry revenue hit €12.6 billion in 2022, with 4.2% YoY growth.
- PR software market valued at $5.4 billion in 2023, forecasted to reach $14.2 billion by 2032.
- U.S. PR firm revenues grew 9.1% in 2023 to $16.6 billion.
- Global influencer marketing, a PR subset, valued at $21.1 billion in 2023.
- Latin America PR market to expand from $3.2 billion in 2023 to $5.1 billion by 2030.
- Middle East PR sector grew 12% in 2023, reaching $2.8 billion.
- Canadian PR industry revenue at CAD 2.1 billion in 2022, up 6%.
- Australian PR market size $1.4 billion AUD in 2023, 5.3% growth.
- India PR market valued at $1.2 billion USD in 2023, 15% YoY surge.
- UK PR spend reached £5.2 billion in 2023.
- China PR market hit RMB 45 billion in 2022, 10% growth.
- Global crisis PR services market $4.7 billion in 2023.
- U.S. healthcare PR segment $2.9 billion in 2023.
- Tech PR market worldwide $18.5 billion in 2023.
- Africa PR industry $1.1 billion in 2023, 8% growth.
- France PR agencies revenue €1.8 billion in 2022.
- Germany PR market €3.4 billion in 2023.
- Brazil PR sector $800 million in 2023, 7.2% up.
- Japan PR billings ¥500 billion in 2023.
- South Korea PR market KRW 2.5 trillion in 2022.
- Global ESG PR services $6.2 billion in 2023.
- U.S. consumer goods PR $3.1 billion revenue 2023.
- Worldwide financial PR $12.4 billion in 2023.
- Italian PR industry €1.2 billion in 2023.
- Spain PR market €900 million 2023.
- Russia PR sector 150 billion RUB in 2022.
- Global B2B PR market $45.3 billion in 2023.
Market Size and Growth Interpretation
Measurement and Effectiveness
- 65% clients measure PR via revenue attribution 2023.
- 82% PR campaigns track AVE replacement metrics 2023.
- Share of Voice gained avg 15% via PR efforts 2023.
- 70% execs say PR boosts brand trust by 25% 2023.
- PR ROI avg 4.5:1 in U.S. agencies 2023.
- Sentiment positivity up 18% post-PR campaign 2023.
- 56% use Barcelona Principles for measurement 2023.
- Media impressions avg 50M per major PR push 2023.
- 91% track website traffic from PR 2023.
- Net Promoter Score lifts 12 points via PR 2023.
- 47% correlate PR to sales pipeline growth 2023.
- Ad value equivalency still used by 40% despite backlash 2023.
- Crisis PR reduces stock drop by 30% avg 2023.
- 68% measure audience engagement rate >5% target 2023.
- PR contributes 22% to lead generation 2023.
- 75% use dashboards for real-time PR metrics 2023.
- Brand awareness lifts 28% from integrated PR 2023.
- 60% agencies report C-suite PR KPI alignment 2023.
- Share of search from PR 12% avg 2023.
- Employee advocacy amplifies PR reach 3x 2023.
- 84% track backlinks from PR coverage 2023.
- Revenue attribution from PR 11% pipeline 2023.
- 52% use AI for PR measurement automation 2023.
- Favorability score +22 points post-campaign 2023.
- 39% link PR to customer retention rates 2023.
- Coverage quality index avg 7.8/10 2023.
Measurement and Effectiveness Interpretation
Trends and Innovations
- 73% PR pros predict AI dominance by 2025.
- 85% expect metaverse integration in PR by 2027.
- Sustainability reporting mandatory for 60% PR by 2025.
- Web3/decentralized PR to grow 300% by 2026.
- 77% forecast voice AI assistants for media pitches 2025.
- Employee experience PR to rise 40% priority 2024.
- 92% predict multimodal content explosion 2025.
- Quantum computing ethics PR emerging 2028.
- 66% see neuro-marketing in PR testing by 2026.
- Global south PR markets to double by 2030.
Trends and Innovations Interpretation
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