Jupiter estimates that email spending (including relational and sponsored) reached $1.2 billion in 2007, and projects that it will hit the $2 billion mark by 2012. That's a 10.9% CAGR.
Daniels also shared data that sheds some light on how email fits within the increasingly complex multichannel marketing picture. According to Jupiter, the average person receives 274 email messages per week, and 304 at work.
Nearly three-quarters (74%) have two accounts. Eight percent use handheld devices for purposes of email "triage" (up 2% from May), and 18% of the handheld users are heavy online buyers.
About one-quarter (26%) of email in the primary inbox is now opt-in. "There's less junk, but there's still as much email--we're competing with other legitimate marketers," Daniels observed.
He also cautioned that there are signs of some backlash against email. "There are segments of the population who are done with email," opting instead to use the phone, he said.
What's the multichannel profile? Here's a rundown of the responses from a JupiterResearch/Ipsos survey conducted in September, in which people were asked which devices they used instead of email for personal communications purposes last year:
From an email marketing standpoint, "this is something to be concerned about," Daniels said. This group also has double the average propensity to change email addresses (13%) and add a new secondary account (22%).
Jupiter's research on why people unsubscribe to email shows that 53% cite content that's no longer relevant and 40% cite too many offers.
Another eye-opener: 26% now say that they use the "this is spam" button.