Market size and growth
Mordor Intelligenceprojects the public relations market to expand "from USD 114.2 billion in 2026 and USD 122.4 billion in 2027 to USD 171 billion by 2032," a CAGR of 6.92% between 2027 and 2032. Sprout Social cites a projected global CAGR of 5.78% between 2024 and 2029, reflecting rising investment in communications as a strategic business function.