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This question is about digital marketing industry statistics.

How fast is the digital marketing industry growing?

By Zippia Team - Jun. 29, 2022

The digital marketing industry is growing at a fast and healthy rate, at least 10% every year. Whether it's social media investments or advertising investments, the digital marketing industry has seen impressive CAGRs.

For example, between 2017 and 2022, social media ad spending has increased by an average of 24.6% year over year. By the end of 2022, U.S. social media ad spending is expected to amount to $63 billion.

Further, between 2021-2022, the advertising industry is expected to grow by 22.5%, with experts predicting that the industry will reach $763.2 billion by the end of 2022.

How fast is the digital marketing industry growing?

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