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Market Insights report
Globally, the Influencer Advertising market is expected to show an annual growth rate (CAGR 2024-2029) of 9.91%, resulting in a projected market volume of US$56.28bn by 2029.
What's included?
Influencer advertising promotes products or services to loyal followers. Influencer advertising via social media platforms allows marketers to reach targeted audiences based on social media profiles and effectively measure the performance of campaigns. Essentially, influencer advertising has been changing how brands communicate and engage with consumers.
Influencers such as bloggers, vloggers, YouTubers, and key opinion leaders (KOL) have loyal online fanbases with the same interests. This gives marketers an advantage to reach relevant audiences. At the same time, they build credibility based on the trust that followers have in influencers.
Also, the tools for measuring an influencer's campaign are getting better and better, which helps marketers find and analyze each influencer's best campaigns. Influencer advertising primarily aims to bring in more traffic, raise awareness, build brand images, get more engagement, and make more sales. By using measurement tools, marketers can control the budget and determine whether the chosen influencers give a good return on investment, reach the goal, and fit the brand's image.
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Mon - Fri, 9am - 6pm (EST)
Mon - Fri, 9am - 5pm (SGT)
Mon - Fri, 10:00am - 6:00pm (JST)
Mon - Fri, 9:30am - 5pm (GMT)
Mon - Fri, 9am - 6pm (EST)