This year, 53.7% of US marketers will use Instagram Reels for influencer marketing, making it the top platform.
According to Insider Intelligence/eMarketer, Instagram Reels will be utilized by 62.2% of advertisers by 2025, matching Facebook.
Instagram will be used by 97.6% of US marketers in 2023, according to Insider Intelligence’s July projection, thanks to its numerous content formats, rich creative tools, and enormous viewership.
“TikTok’s engagement rates are higher than Instagram Reels’; which could attract the other half of US marketers who have not yet used this platform,” the report stated.
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Following Instagram Reels and TikTok as an influencer marketing platform is YouTube, which is projected to be used by around 45% of US marketers by 2025.
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Ariel Ben Solomon is the Growth and Strategy manager at Ecomhunt. He is the host of the Ecomhunt Podcast. Can be followed on Twitter at @ArielBenSolomon