US Advertising in 2020 will top $390 billion
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Here are the winners and losers to put your marketing dollars to
work.
Traditional Media
TV will see a 1.9% increase to $65.5 billion, making it the
largest category for offline spending.
Magazine ad spending is anticipated to decrease by 9.7% to $9.8
BN.
Newspaper advertising similarly declining by 9.1% to $11.8
BN.
Radio is expected to see a slight decline, falling 1.7% to $13.6
BN.
Digital Media
Online advertising is predicted to grow across all categories
again in 2020, increasing 14.5% to $166.4 billion.
Influencer marketing is predicted to see the highest percentage
of growth, with Winterberry Group predicting a 32.4% jump to $3.4
billion.
Between influencer marketing and paid social, which is expected
to jump 17% to $42.3 billion
Social media marketing is poised to comprise nearly 25% of
digital spending
Search remains the largest category, predicted to grow 11.2% to
$60.9 billion.
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