2020 Economic Forecast: Two Decades of Marketing Transformation

Between 2000 and 2020, total U.S. marketing communications investments will have grown a scant 1.9% from $544.8 billion to $586.7 billion, according to a new economic report issued today on 28 above and below-the-line media and marketing categories by MyersBizNet. (The full report is available to MyersBizNet paid member companies at www.mediavillage.com.) During the two-decade span, above-the-line media (aka “advertising”) is projected to increase its share of total marketing investments from 28% to nearly 40%, with virtually all growth resulting from a shift of below-the-line budgets (aka “shopper marketing” or “promotion”), which are projected to decline almost 16% from $390.4 billion in 2000 to $355 billion in 2020 (SEE CHART BELOW). During that same period, media advertising budgets are projected by MyersBizNet to increase more than 50% from $154 billion to $232 billion. The MyersBizNet report (download it below) includes 2020/2010/2020 data and forecasts for both legacy/linear and digital investments in 28 media and marketing categories. A separate MyersBizNet economic report projecting 2017 and 2018 marketing and media investments by category is also available to paid subscribers here.