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Martech set to exceed $215 billion by 2027

Martech

Global martech spend is projected to surpass $215 billion annually by 2027, up from $131 billion in 2023, according to a Forrester forecast. Last year, spend increased 10.9%, according to the report, Global Martech Software Forecast, 2023 – 2027. B2C budgets. This share of the budget is expected to grow.

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Elevate B2B Marketing News Weekly Roundup: Marketing Budgets Climb, Threads EU Rollout, & Brands Going Acoustic on AI

Top Rank Marketing

MarTech Instagram introduces GenAI powered background editing tool Meta-owned Instagram has begun rolling out updates to Story format content posted on the social platform that will offer users the ability to use AI prompts to change image backgrounds or to choose from recommended presets, Instagram recently announced.

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Hire a Data Analytics Writer: 6 Experts for Any Content Marketing Budget

nDash

By 2027, the big data market is predicted to reach $103 billion in revenue. He’s written about data in supply chains, software for data marketplaces, and more generally data as it’s used in business operations. The post Hire a Data Analytics Writer: 6 Experts for Any Content Marketing Budget appeared first on nDash.com.

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Elevate B2B Marketing News Weekly Roundup: B2B Buyers Refocus On ROI, Meta’s New Audio AI, & More Marketers Increasing Budgets

Top Rank Marketing

billion by 2027, with smaller growth forecast for the coming years, as the trade show sector represented the fastest B2B market segment, according to newly-published report data. B2B media market is expected to see 4.7 percent growth during 2023, totaling some $85.04

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How marketers are investing in games: IAB PlayFronts

Martech

On the ad side, however, marketing budgets for gaming are growing. billion by 2027. who identify as gamers, according to Entertainment Software America (ESA). A third of current gaming advertisers have carved their spend out of their general media budget. Over half have budgets committed to specific games or devices.

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Event Marketing Trends for 2022 and Beyond: Insights from 10 Timely Research Reports

Webbiquity

The key takeaway: the pandemic forced people who rarely or never used virtual communications tools to suddenly begin using them regularly, and for a wide range of purposes. ” Event marketing budgets are rebounding, but still (for now) focused on virtual events. .” Just 25% of U.S.

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15 cutting-edge tools every B2B marketer should know

Martech

B2B marketers are getting a lot from the huge amount of new marketing technology, but it comes with more than a few challenges: Systems integration, budget woes, demonstrating ROI to name a few. AI to the rescue, in the form of Albert , a tool that enables digital advertising across the board. trillion in 2021 to $3 trillion by 2027.