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📣 Attention stat junkies.. The latest report from Collabstr taps into data from 35,000 brands and 80,000 US-based influencers. The analysis presents a detailed look at how influencer marketing continues to evolve, grow and take shape. Lets unpack - 🔍 The influencer marketing industry is on a trajectory to hit a market size of $19.8 billion in 2024 - this is a 13% climb from $17.4 billion in 2023. This uptick is part of a broader growth forecast, predicting a 133% expansion from 2020 to 2025, with the global creator economy expected to soar from $127.65 billion 🤪 in 2023 to $528.39 billion by 2030. 💪 Women are leading the charge, representing 70% of the influencer profiles analyzed. This highlights the significant impact female creators have in shaping the influencer marketing economy as a whole. 🤳 Instagram and TikTok are the platforms of choice (not surprisingly), each with over 42% of paid collaborations; YouTube surprisingly trails with a mere 2% share. This split showcases either dominance ie; TikTok and Instagram.... OR, untapped opportunity with YouTube? Fun debate, nonetheless. 👉 User-Generated Content (UGC) is emerging as the reigning king. Over half of the creator profiles are now offering UGC services to brands, with a 93% increase in 2023 alone. With the UGC market projected to expand from $4.7 billion in 2022 to $71.3 billion by 2032, it's clear that authentic, real-world endorsements have become the new, normal. Big thank you to the folks Collabstr and all the contributors for the report. #InfluencerMarketing #CreatorEconomy Full report here: https://lnkd.in/gNtquXHf