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Most marketers who work for B2B technology firms expect their marketing spend to increase this year, according to recent research from 10Fold.

The report was based on data from a survey of 451 marketers who work for B2B technology firms in Canada, France, Germany, the UK, and the US.

Some 73% of respondents say they expect their marketing budget to increase in 2024, compared with 55% whose budgets actually increased in 2023.

Some 81% of B2B tech marketers in the US expect their marketing budget to increase in 2024, compared with only 64% of B2B tech marketers in France.

B2B tech marketers expect digital advertising to be their top marketing channel for driving lead generation in 2024. In 2023, B2B tech marketers say, marketing/website tools was the top channel for lead generation.

About the research: The report was based on data from a survey of 451 marketers who work for B2B technology firms in Canada, France, Germany, the UK, and the US.


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B2B Tech Marketers' Budget Expectations for 2024

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ABOUT THE AUTHOR

image of Ayaz Nanji

Ayaz Nanji is a writer, editor, and a content strategist. He is a co-founder of ICW Media and a research writer for MarketingProfs. He has worked for Google/YouTube, the Travel Channel, and the New York Times.

LinkedIn: Ayaz Nanji

Twitter: @ayaznanji