Creative Management Platforms Statistics


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Creative Management Platforms Statistics 2023: Facts about Creative Management Platforms outlines the context of what’s happening in the tech world.

LLCBuddy editorial team did hours of research, collected all important statistics on Creative Management Platforms, and shared those on this page. Our editorial team proofread these to make the data as accurate as possible. We believe you don’t need to check any other resources on the web for the same. You should get everything here only 🙂

Are you planning to form an LLC? Maybe for educational purposes, business research, or personal curiosity, whatever the reason is – it’s always a good idea to gather more information about tech topics like this.

How much of an impact will Creative Management Platforms Statistics have on your day-to-day? or the day-to-day of your LLC Business? How much does it matter directly or indirectly? You should get answers to all your questions here.

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Top Creative Management Platforms Statistics 2023

☰ Use “CTRL+F” to quickly find statistics. There are total 37 Creative Management Platforms Statistics on this page 🙂

Creative Management Platforms “Latest” Statistics

  • In a poll conducted in 2020, just 35% of project managers reported being “somewhat or very happy” with the mechanisms in place.[1]
  • Despite the significance of PPM, only 61% of projects are managed using a specific approach.[1]
  • Despite statistical evidence that a mature project management process increases an organization’s likelihood of delivering on time and within budget, just 46% of firms prioritize project management as a cultural priority.[1]
  • Nowadays, less than one in four businesses make use of any sort of project management software.[1]
  • 54 percent of businesses are unable to track KPIs in real time.[1]
  • 11.4% of all resources are lost across all organizations as a result of subpar project management procedures.[1]
  • Project management offices (PMOs) are now present in 89% of firms, and 50% have several PMOs.[1]
  • 59% of project managers oversee two to five projects at once. 11% run six to ten projects at once, and 15% run more than ten.[1]
  • Around 15% of project managers only oversee one project at once.[1]
  • According to a monday.com survey, 54% of workers spend five or more hours per week on monotonous activities that don’t call for much innovation.[1]
  • 41% of employees said that message notifications from email, Slack, and other platforms made it difficult to complete their tasks.[1]
  • Email overflow was cited as a severe issue by 20% of employees.[1]
  • Around the world, 85% of CEOs think AI will “substantially” affect their company in the next five years.[1]
  • While 47% of firms have gone above and above to create a clear route for building PM careers, 61% of organizations offer some kind of project management training.[1]
  • A PM will typically earn 22% more money than a PM who hasn’t acquired a project management professional (PMP) certification of some kind.[1]
  • Projects costing $1 million or more fail 50% more frequently than initiatives costing $350,000 or less.[1]
  • Ad analytics, according to Harvard Business Review, make budget allocation result-driven, and brands who use them see a boost in the overall performance of 10% to 30%.[2]
  • 3.96 billion people used social media in total as of January 2022 across all platforms.[3]
  • Every month, the typical person switches between seven distinct social networks.[3]
  • Adults now spend 95 minutes a day using social media on all platforms, which is more than ever before.[3]
  • The fastest-growing social network is TikTok, which has had a startling 105% user increase in the US during the last two years.[3]
  • Facebook engagement and usage have decreased to an average of 33 minutes per day as of 2022. (versus 39 minutes daily in 2017).[3]
  • In contrast to Google (28.9%), Amazon (10.3%), and others (35.6%), Facebook will account for 25% of all digital ad spending in 2020.[3]
  • Throughout the time of 2022, Facebook Messenger is expected to have an amazing 3 billion users.[3]
  • Currently, Facebook has around 10 million active marketers.[3]
  • One-third of Americans regularly access Facebook news, indicating the platform’s popularity for current (and frequently contentious) content.[3]
  • Instagram has an engagement rate that is around six times higher than Facebook’s (0.83% to 0.13%).[3]
  • Influencers still choose Instagram Stories (83%) and grid posts (93%) over other content formats.[3]
  • In 2021, LinkedIn ad income surpassed $1 billion, increasing by 37%, while organic session engagement increased by a record-breaking 22%.[3]
  • According to predictions, more than 50% of marketers joined LinkedIn in 2021.[3]
  • One of the most well-liked locations to buy advertising is Google, which generated $37.1 billion in income in the third quarter of 2020.[4]
  • MediaMath, a demand-side platform (DSP) provider with data management features, was founded in 2007. Coca-Cola, IBM, eBay, SAS, and other companies are among its more than 3,500 active advertisers.[4]
  • The market for creative management platforms is anticipated to grow from US$ 882 million in 2021 to US$ 17.8 million by 2028, at a CAGR of 12.4% from 2022 to 2028.[5]
  • Data-driven creative (also known as programmatic creative), which accounts for over $20 billion in global programmatic advertising spending, offers advertisers a huge chance to connect with and engage potential customers.[6]
  • Up to 97% of programmatic advertisements, according to AppNexus research, lack a customized creative for each audience demographic.[6]
  • Customer data is essential to their marketing and advertising activities, according to 79.6% of respondents, according to the 2017 Global Review of Data-Driven Marketing and Advertising report.[6]
  • According to a Marketing Dive-commissioned study, 71% of customers prefer tailored adverts.[6]

Also Read

How Useful is Creative Management Platforms

One of the most significant advantages of creative management platforms is their ability to streamline workflow and communication. By providing a centralized location for all project-related assets, team members can easily access documents, files, and messages, saving precious time that would have otherwise been spent searching for information across multiple channels. This increased efficiency ultimately leads to faster project completion and improved productivity.

Additionally, creative management platforms foster collaboration among team members, regardless of their physical location. With remote work becoming increasingly prevalent, these platforms enable real-time communication and feedback, ensuring that team members stay connected and informed throughout the creative process. This level of connectivity allows for a seamless workflow, with creative ideas flowing freely and decisions being made swiftly.

Moreover, creative management platforms offer a range of tools and features to support the creative process. From project management capabilities to cloud storage and file sharing, these platforms provide teams with everything they need to bring their ideas to life. Whether it’s creating mock-ups, managing feedback, or tracking project timelines, these platforms offer a comprehensive suite of resources to ensure that projects are executed smoothly and efficiently.

Another key benefit of creative management platforms is their ability to track and analyze project data. With built-in reporting and analytics tools, teams can gain valuable insights into their creative process, identifying strengths and weaknesses to improve future projects. This data-driven approach allows for more informed decision-making and optimization of workflows, ultimately leading to better results and increased ROI.

While creative management platforms offer numerous benefits, it’s essential to consider their limitations as well. One potential drawback is the learning curve associated with implementing these systems. As with any new technology, there may be a period of adjustment as team members familiarize themselves with the platform and its features. However, with adequate training and support, this challenge can be overcome, and teams can fully leverage the platform’s capabilities.

In conclusion, creative management platforms have proven to be incredibly useful tools for businesses looking to streamline their creative processes and boost collaboration. With their ability to centralize workflow, support remote teamwork, and provide essential tools for project management, these platforms have become indispensable in today’s fast-paced business world. While there may be some challenges in implementing these systems, the benefits far outweigh the drawbacks, making creative management platforms a valuable asset for any organization looking to drive creativity and innovation.

Reference

  1. monday – https://monday.com/blog/project-management/project-management-statistics/
  2. rocketium – https://rocketium.com/academy/wholistic-digital-advertising-analytics-with-cmp/
  3. sproutsocial – https://sproutsocial.com/insights/social-media-statistics/
  4. datamation – https://www.datamation.com/big-data/data-management-platforms/
  5. globenewswire – https://www.globenewswire.com/news-release/2022/08/12/2497590/0/en/Creative-Management-Platforms-Market-Worth-US-2017-8-million-by-2028-Drivers-Trends-Opportunities-Challenges-Developments-Revenue-Growth-Rate-Key-Players-Top-Countries-Types-Applic.html
  6. makethunder – https://www.makethunder.com/data-driven-creative-future-advertising/

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