Digital marketing is booming in the United States and Canada.
And it’s about to explode in some other places too.
We’re all used to hearing about the “Google Bubble” or the “Facebook Bubble” but in the case of digital marketing there’s nothing like the “hubspot bubble” to create panic.
According to a report from HubSpot, digital marketing in the U.S. has grown by more than 100% in the past 12 months, and is expected to grow by more as well.
Now, HubSpot’s report is the latest piece of evidence that digital marketing is taking off.
And what’s the report?
A survey by HubSpot found that in the US, digital marketers are spending $13 billion a month on digital marketing alone.
And that’s just in the digital advertising market alone.
The survey found that digital advertising is projected to increase by about $20 billion by 2021.
And the trend is going to accelerate.
The HubSpot report also found that millennials are increasingly turning to digital advertising for marketing purposes.
The millennials are becoming more aware of digital advertising and they’re choosing to spend more time on digital than they ever have before.
In other words, millennials are starting to see the value in digital advertising as a marketing tool.
This is a big deal.
It means that digital marketers can finally make a lot of money from advertising and it means that their customers can make a whole lot of sense from advertising.
And millennials are no longer looking for quick wins in the ad market.
Instead, they want long-term results.
Millennials are now paying a premium for quality content and fast responses.
And they are spending more time with the brand, and they are looking for more personalized experiences and content that will get them to do what they want to do.
In short, millennials don’t want to pay $10 a month to buy an ad on a website.
They want to be in the loop, with their friends and family and with their favorite brands.
The future of digital ad sales According to HubSpot and other industry research, digital advertising revenue is projected at $2.2 trillion in 2021.
That’s up by more then 50% from the same time last year.
But digital advertising sales are only a small part of the digital ad business.
The growth is also coming from content.
The digital ad market is growing in other ways too.
For instance, Hubspot found that a lot more marketers are turning to content as a way to sell their ads.
This means that advertisers are spending a lot less time on social media than they used to, and are turning instead to more traditional marketing channels.
Marketing budgets are also growing by leaps and bounds.
For example, in the HubSpot survey, Hubster found that the average cost of digital media for a campaign is about $25,000.
So that’s a big increase from last year when the average digital budget was about $2,000 a month.
And of course, content marketing is just one of the types of digital channels that are booming in this digital advertising boom.
There are many more new marketing channels in the works too.
HubSpot also found an interesting trend in the millennial generation.
Millennials have more disposable income than their parents, and so they are now more likely to spend money on social networking sites like Facebook, Instagram, and Twitter.
And HubSpot estimates that millennials spend $3.2 billion a year on social network advertising.
These new digital advertising opportunities will only grow as people become more familiar with digital advertising.
The fact that millennials don’st want to spend their money on ads on websites is a very good thing.
They see the benefits of digital ads, and that’s what they are turning toward.
So, if you’re planning on using digital marketing to promote your business, be sure to keep an eye on HubSpot.
The company is going through some tough times and its always worth keeping an eye out for.
And if you need help understanding digital marketing trends, then you should definitely contact HubSpot Digital Marketing Consultants.
The article was originally published at HubSpot New York