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- Median annual digital marketing investments are between $50,000 and $300,000, while a few outliers pull the average annual investments much higher.
- Leaders outspend their counterparts, with 13% of leaders spending more than $1 million on digital marketing annually.
- Overall, 59% of respondents expect their digital marketing budgets to increase in the next 12 months, with only 5% expecting a decrease in digital budgets.
- More than half (54%) of digital budgets are growing in organizations where overall budgets are remaining the same, continuing the trend from previous years of investments shifting from traditional to digital.