Digital share of total 2010 Advertising & Marketing: 8.0%
Digital share of total 2020 Advertising & Marketing: 40.0% est.
Marketers invested a total $47.6 billion in digital advertising and marketing in 2010 according to the recently released Jack Myers Media Business Report 2020 Vision: Media, Advertising and Marketing Economic Health Report 2000- 2020.This includes all display ads, search, interactive TV, video, digital assets of traditional media, mobile and social media. The digital total represents a nearly 8.0% share of all marketing communications investments last year, which were reported by Myers at $601 billion. The total includes all advertising, trade and consumer promotion, event and direct marketing, and public relations.
In 2020, according to the Myers report, marketers’ digital media investments will grow to more than $300 billion, representing a more than 40% share of the total projected $760 billion advertising and marketing communications spend.
The annual Myers’ Media and Marketing Economic Health Report, which Myers has been publishing since 1986, is the only economic forecast that identifies both traditional and digital ad spending for legacy media categories. Digital advertising revenues are projected to increase from 3.3% of total cable TV network ad revenues in 2010 to 18.5% in 2020. Magazines’ share of ad revenues generated by digital assets are forecast by Myers to increase from 6.0% in 2010 to nearly 30% by 2020.
The Myers data includes detailed historic information from 2000-2010 and forward-looking annual projections to 2020. Fifty-five traditional and digital advertising and marketing categories are included in the Myers report, including mobile, social media, e-mail, point-of-influence advertising, cinema, interactive TV, satellite radio, and online originated video. The full Myers Media, Advertising and Marketing Economic Health Report 2000-2020 is available exclusively to subscribers of Jack Myers Media Business Report. Subscription details are available here. Subscribers can download PDF copies of the report here. If you are a subscriber but do not have website access, contact email@example.com.
Jack Myers Media Business Report
Digital Media Advertising/Marketing Investments
|Year||Total Advertising/Marketing||Digital Advertising/Marketing|
|Source: Jack Myers Media Business Report© copyright 2011|
SOURCE: Jack Myers Media Business Report Media & Marketing Investment Forecast December 2010
Source details available here
Jack Myers can be reached at Jack@mediadvisorygroup.com. JackMyersThinkTank is free and underwritten, as part of MediaBizBloggers.com, by subscriptions to Jack Myers Media Business Report (www.jackmyers.com). Subscribe free to all MediaBizBloggers reports at www.MediaBizBloggers. For Jack Myers Media Business Report subscription information visit www.myersreport.com or contact Jack Myers at Jack@mediadvisorygroup.com. Jack Myers and Media Advisory Group provide details on all underwriters and companies in which we have an investment at www.jackmyers.com.