The most comprehensive list of influencer marketing statistics for 2026. Data on market size, ROI, platform trends, demographics, and spending from industry-leading sources.
$21.1B
Global market size in 2024
67%
Brands increasing budgets
$5.78
Earned per $1 spent (avg ROI)
89%
Marketers say ROI is comparable or better
1,360%
Growth of the influencer marketing industry from 2016 ($1.7B) to 2024 ($21.1B)
— Influencer Marketing Hub, 202426%
Average annual growth rate of the influencer marketing industry (2016-2024)
— Influencer Marketing Hub, 202467%
of brands plan to increase their influencer marketing budgets in 2024
— Influencer Marketing Hub, 2024$5.78
Average earned media value for every $1 spent on influencer marketing
— Influencer Marketing Hub, 202489%
of marketers say influencer marketing ROI is comparable or better than other channels
— Mediakix, 202449%
of consumers depend on influencer recommendations for purchase decisions
— Digital Marketing Institute, 202461%
of consumers trust influencer recommendations (vs 38% for brand content)
— Edelman Trust Barometer, 202482%
of marketers believe influencer marketing attracts high-quality customers
— Influencer Marketing Hub, 2024| Platform | Marketers Using | Avg. Engagement Rate |
|---|---|---|
| 72% | 1.22% | |
| TikTok | 61% | 4.25% |
| YouTube | 51% | 1.63% |
| 43% | 0.15% | |
| Twitter/X | 21% | 0.05% |
72%
of marketers use Instagram for influencer marketing, making it the #1 platform
— Influencer Marketing Hub, 202461%
of marketers now use TikTok for influencer campaigns (up from 36% in 2021)
— Influencer Marketing Hub, 202418-34
Age group most influenced by social media influencers for purchase decisions
— Morning Consult, 202425%
of brands allocate 10-20% of their marketing budget to influencer marketing
— Influencer Marketing Hub, 2024$1,000-$5,000
Typical cost range per sponsored post for mid-tier influencers (100K-500K followers)
— Influencer Marketing Hub, 20241.21%
Average engagement rate for mega-influencers (1M+ followers) — 3x lower than micro
— Later, 202482%
of consumers are highly likely to follow a recommendation from a micro-influencer
— Experticity, 202422.2x
More weekly conversations about products than average consumers by micro-influencers
— Keller Fay Group63%
of marketers plan to use AI for influencer identification and campaign management
— Influencer Marketing Hub, 202455%
of brands plan to increase spend on short-form video content (Reels, TikTok, Shorts)
— HubSpot, 202445%
of marketers believe virtual influencers will become more important by 2026
— Influencer Marketing Hub, 2024