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Social media advertising projected to more than double by 2028

Martech

The global social media advertising market is expected to reach $262 billion by 2028, up from $103 billion in 2020, according to a new report by Million Insights. from 2021 to 2028 owing to the increased spending on advertising. The consumer goods industry vertical segment is expected to register the fastest CAGR of 14.1%

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Why the time is right for augmented reality (AR) in marketing

ClickZ

But the technology that was once seen as a novelty is now rapidly entering the mainstream and is forecast to grow from over $13 billion this year to more than $67 billion by 2024. According to research , 5G will unlock AR applications that will create more than $140bn in cumulative revenues between 2021 and 2028.

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Top 100 Advertising Revenue Statistics to Inform Your Campaign

Single Grain

Billion by 2028. throughout the forecast period, indicating substantial growth. TrueList ) Among mobile users, 14% of horizontal video ads capture the attention of 30% of viewers, whereas the majority of users engage with up to 90% of vertical video ads. billion USD. Techjury ) U.S. Startupbonsai ) As much as 80.5%