All about digital marketing
Trends
Trends to watch for in 2017:
- Immersive marketing (eg. 360 video)
- Data driven marketing
- Live video
- Personalization
- Influencer marketing
- Advanced marketing automation
- Native advertising
Beyond 2017 AI will play a significant role in marketing. Areas where it will leverage data analysis to provide the largest benefit include:
- Assisted decision making
- A/B testing
- Ad optimization
- Automated content
- Semantic Analysis
Thanks to marketing automation, 80% of marketers saw an increase in leads, and 77% saw an increase in the number of conversions.
Market size
Annual digital marketing spending grew roughly 10% per year from 2015 through 2017. However, as AI and data analytics become more prevalent, spending on digital marketing is expected to grow exponentially, reaching $285 Billion by 2020.
Digital advertising spending worldwide from 2015 to 2017 (in billion U.S dollars)
2015: $148.65 Billion
2016: $170.65 Billion
2017: $191.65 Billion
In 2015, internet advertising revenue was up 21% to $4.6 Billion, with expectations of another 20% increase in 2016.
This growth will be spearheaded by 4 major platforms, only 1 of which is expected to see a revenue decline in 2017:
Snapchat: 158%
Facebook: 32%
Google: 15%
Twitter: -4.7%
Channels
Which of the following social media channels have generated revenue for you?
B2B Marketers
Not sure: 46%
Linkedin: 37%
Facebook: 20%
Twitter: 19%
Other: 12%
Pinterest: 3%
B2C Marketers
Facebook: 56%
Not sure: 34%
Twitter: 23%
Linkedin: 14%
Other: 9%
Pinterest: 6%
2017 Marketing budget plans
Percent of marketing professionals who will increase their spending in each digital marketing platform, based on a survey of 3,347 marketing professionals
Social media marketing: 56%
Content marketing: 55%
Personalization: 51%
Video advertising: 50%
Lead generation: 50%
Marketing analytics (including testing): 49%
Mobile marketing: 48%
Email marketing: 46%
Marketing automation: 46%
Search engine optimization: 45%
Lead management: 43%
Webinars/virtual events: 40%
Display advertising: 34%
Sales enablement: 34%
Paid search (PPC): 32%
Affiliate marketing: 29%
Canadian Digital Media Network
Government of Canada
For more on key trends impacting Canada's digital media economy, visit cdmn.ca/trends