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US B2B Marketing Data Spending Forecast 2023 Update

Growth Slows but Investment in Data Remains Crucial

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About This Report
Marketing data is essential to success, but marketers face tough conditions in a changing B2B landscape. Investments in data and related tools need to be carefully chosen and demonstrate proven ROI.
Table of Contents

US B2B marketing data spending growth will slow in 2023 thanks to uncertain economic conditions, tighter budgets, and a slowdown in marketing technology (martech) spending. But data will remain crucial for business success, so marketers must prioritize first- and third-party investments that support pipeline growth, enhance the customer experience, and demonstrate ROI.

Key Question: What are the key developments in B2B marketing data spend and how should marketers respond to them?

KEY STAT: In 2023, US B2B marketing data spending will reach $3.74 billion, up just 2.3% YoY.

authors

Kelsey Voss

Contributors

Rahul Chadha
Director, Report Editing
Wendy Louie-Lam
Senior Forecasting Analyst
Jennifer Merritt
Vice President, Content
Evelyn Mitchell-Wolf
Senior Analyst, Digital Advertising & Media
Tracy Tang
Senior Researcher

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