The Influencer Marketing Agency Ecosystem 2024

Agencies Turn to Consolidation and Expansion as Sector Grows Up

The creator economy and influencer marketing have grown rapidly over the past decade, spurring a host of agencies, platforms, and vendors catering to the space. As brands integrate influencer marketing into their broader strategies, many are trying to figure out which agencies will best help them meet their goals.

Key Question: Which are the key agencies within influencer marketing and the creator economy, and how can brands best use their offerings?

Key Stat: US influencer marketing spending will grow 14.2% YoY in 2025, more than either social ad spending (13.6%) or digital ad spending (12.5%), per our forecasts. That’s a signal that marketers are serious about investing in the sector.

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    Table of Contents

    1. Executive Summary
    2. Agencies are trying to keep pace with influencer marketing’s evolution
    3. Influencer marketing has a lot of moving parts, leading to a tangled web of offerings
    1. The state of the influencer marketing agency ecosystem
    2. Where the influencer marketing agency ecosystem is headed
    3. EMARKETER Interviews
    1. Sources
    2. Media Gallery

    Interviewed for This Report

    Qianna Smith Bruneteau
    American Influencer Council (AIC)
    Founder and Executive Director
    Interviewed November 26, 2024
    Lindsey Gamble
    Lindsey Gamble Media LLC
    Creator Economy Consultant and Advisor
    Interviewed November 20, 2024
    Jamie Gutfreund
    Creator Vision
    Founder
    Interviewed November 21, 2024
    Neil Waller
    Whalar
    Co-Founder and Co-CEO
    Interviewed November 25, 2024
    Jing Ying Wong
    R3
    Senior Digital and Media Consultant
    Interviewed November 25, 2024

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    First Published on Dec 16, 2024

    authors

    Minda Smiley

    Contributors

    Rahul Chadha
    Director, Report Editing
    Vladimir de Leon
    Chart Editor
    Jasmine Enberg
    Vice President and Principal Analyst
    Donte Gibson
    Senior Charts Editor
    Vladimir Hanzlik
    Executive Editor and SVP, Content
    Madan Kumar
    Copy Editor
    Tracy Tang
    Senior Researcher
    Matt Torpey
    Senior Chart Editor
    Paul Verna
    VP, Content
    Zia Daniell Wigder
    Chief Content Officer