Meanwhile, spending on traditional advertising will decline 5% to only $92 billion, according to a study by the Interpublic Group’s Magna division. Social media advertising is expected to grow 23% and video advertising is expected to increase 19%.
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Digital advertising spending in the U.S. is expected to increase 12% this year and total $124 billion. So reports Media Post.
Meanwhile, spending on traditional advertising will decline 5% to only $92 billion, according to a study by the Interpublic Group’s Magna division. Social media advertising is expected to grow 23% and video advertising is expected to increase 19%.