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In 2019, spending on IT services is expected to amount to 1,016 billion U.S. dollars worldwide
54% treat upselling and add-on sales as high priority
Companies that spend more on sales and marketing (as a % of revenue) generally grew at a faster rate than those that spent less
Internet sales-driven companies have a much greater reliance on marketing, with 65% of the median company’s CAC budget devoted to marketing
The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020.
In 2018, the global tech spending is forecast to amount to 3,212 billion U.S. dollars.
In 2020, China is expected to generate 55 billion U.S. dollars in the global medical technology market.
Japanese company Hitachi accounted for three percent of the world’s market for diagnostic imaging in 2017.
orecasts suggest that global blockchain technology revenues will experience massive growth in the coming years, with the market expected to climb to over 23.3 billion U.S. dollars in size by 2023.
SAAS companies invest between 80% and 120% of their revenue in sales and marketing in the first 5 years of their existence