10 Essential B2B Marketing Stats 2024 [+Graphs]

A list of relevant B2B marketing stats + Interpretation

Back your blog post, presentation, or discussion with facts.

These are the most essential B2B Marketing stats for 2024.

Frequently updated – make sure to check back.

By Categories: Marketing3 min readLast Updated: August 26th, 2024
Post: B2B Marketing Stats

3 Article Highlights

  • B2B Marketing Stats
  • Interpretation of Data
  • Facts and Figures
  • No time? [TL;DR] Read Summary

Table of Contents

Table of Contents

Share This Article

Newsletter

Subscribe and Learn B2B Marketing.

2024

B2B Marketing Stats Overview

15+ Marketing Stats 2024

B2B Marketing Stats

General B2B Marketing Stats

B2B Companies, B2B Markets, Industrial Marketing Stats

B2B Marketing Stats

B2B Marketing Budget Stats

Subheadline below H2, Capitalized

Share of Company Revenue on Marketing : B2B Service vs B2B Product

  • Services: 10.33% of revenue
  • Products: 8.52% of revenue
B2B Marketing Stats: Share of Company Revenue Spent on B2B Marketing

Source: Statista

B2B will spend 8.51 billion U.S. dollars on MarTech in 2024

  • This is a steady growth year-over-year since 2020
  • Growth rate from 2023 to 2024 is 14.8%
  • This growth reflects the growing number of MarTech products.
B2B Marketing Stats: B2B Spending on MarTech in the US

Source: Statista

B2B Marketing Stats

B2B Branding Stats

Brand Values and Branding

Microsoft is the most valuable B2B brand in 2024: 220.4 billion U.S. dollars

Top 5 brand values in billion U.S. dollars:

  • Microsoft: 220.4
  • State Grid Corporation of China: 71.1
  • Amazon: 69.4
  • Oracle: 53.1
  • UnitedHealthCare: 47.6.

B2B brands are less valuable than B2C brands. The most valuable B2C brand is Apple (516.6 billion U.S. dollars)

Source: Statista

B2B Marketing Stats

B2B Advertisting Stats

Advertising, online, offline, PPC, etc.

65% of worldwide advertising is spent online

  • Online advertising leads the list by 3x compared to the second highest spending, namely television.
  • Classic advertising like newspapers and magazines makes <5% of total spending.
B2B Marketing Stats: Distribution of Advertising Spending Worldwide 2024 by Medium

Source: Statista

37.68 billion U.S. dollars are to be spent for B2B advertising in the U.S. in 2024

  • This is an increase of 69% (15.44 billion U.S. dollars) in the last 4 years.
  • There is a stable growth, year over year, of approx. 7-10%.

Source: Statista

B2B traditional advertising spending (U.S.) will peak at 19.22 billion U.S. dollars in 2024

  • Increase by 0.66 billion U.S. dollars from 2023 to 2024
  • Increase by 3,55% from 2023 to 2024, which is lower than a 4,7% increase from 2022 to 2023.
B2B Marketing Stats: B2B Traditional Advertising Spending

Source: Statista

B2B Marketing Stats

B2B eCommerce Stats

Online Sales, Amazon Business, Payment

Amazon Business Gross Merchandise Volume will reach 83.1 billion U.S. dollars in 2025

  • Growth rate, year over year, of 25-30% between 2021 and 2025
  • By 2025, the GMV will have increased 5.5 times compared to 2019.
GMV of Amazon Business from 2019 to 2025 (B2B marketing stats)

Source: Statista

European B2B eCommerce GMV is worth 1,672 billion U.S. dollars in 2024

  • There will be an estimated increase of 8,6% from 2024 to 2025.
  • Total European GMV in 2025 will be at an all-time high of 1,817 billion U.S. dollars.
  • There has been a stable growth since 2022 (1,333 billion U.S. dollars)

Source: Statista

Cross-Border Payment Value in B2B will increase to 56.1 trillion U.S. dollars by 2030

  • The total cross-border payment market will explode from 190.1 to 290.2 trillion U.S. dollars by 2030.
  • The B2B growth from 2023 to 2023 is forecasted at 43%
  • The majority of cross-border payment remains with wholesales.
Value Cross Border Payment Worldwide

Source: Statista

B2B Marketing Stats

B2B Tradeshow Stats

Tradeshows and Events

Value of the B2B Tradeshow market remains smaller then pre-COVID19

  • The value of the U.S. B2B tradeshow market peaked in 2019 at 15.55 billion U.S. dollars.
  • COVID-19-related crash by 75% to 3.86 billion U.S. dollars.
  • Market gains value but is below pre-COVID-19 level in 2024 (13,04) and the years to come.
Value of B2B Trade Show Marketing in the US

Source: Statista

By Categories: Marketing3 min readLast Updated: August 26th, 2024

Leave A Comment

You May Like the Following Articles