According to the folks over at CMO Survey the budgets for 2020 will have as a large chunk Social Media. Further more they say:
You just heard how marketers plan to increase social media spend – and it’ll make up 24% of many marketing budgets within five years. Though many marketers currently use social media for their business, it doesn’t mean they’re using social media to its full marketing potential. But they will be. (CMO Survey)
Read more at http://www.business2community.com/social-media/10-social-media-marketing-stats-guaranteed-surprise-01560350#UrMx2bTlDGpTeOaH.99
