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In this blog, you can learn the importance of influencer marketing for brands. You also Explore the list of 5 benefits of influencer marketing that can flourish your business. Click here to know more!!
The future of influencer marketing platforms holds many opportunities and we will see tremendous growth in this market in the coming future. As per the market report by Delvens, the global influencer marketing platform market has reached USD 7.2 billion in 2021 growing at a CAGR of 32.4% during the forecasting period, 2021-2028.
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The Influencer Marketing Platform Market was valued at US$ 148.04 Mn in 2019 and is expected to reach US$ 337.74 Mn by 2027 with a CAGR growth rate of 13.4% in the forecast period from 2020 to 2027. With the improvement in internet speed and availability of low cost streaming the demand for video content is significantly increasing. Most of the influencers on social media networks are adopting the trend of video content for influencing their audience. Earlier YouTube has had video focus, but now big players such as Instagram, Facebook, LinkedIn, Twitter, and others are also catering for video content.
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