Over the past five years, the Global Biotechnology industry has grown by 2.0% to reach revenue of $301bn in 2019.

Statistic Info

Over the past five years, the Global Biotechnology industry has grown by 2.0% to reach revenue of $301bn in 2019. In the same timeframe, the number of businesses has grown by 3.9% and the number of employees has grown by 0.7%.

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The median Customer Acquisition Cost (CAC) for upsells is just $0.28 per $1, less than a quarter of the $1.18 spent to acquire $1 of revenue from a new customer

Sony’s PlayStation brand had accumulated approximately 38.57 million fans on the social network

SAAS companies invest between 80% and 120% of their revenue in sales and marketing in the first 5 years of their existence

The average SaaS business generates 16% of its new Annual Contract Value (ACV) from upselling to existing customers

The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.

In 2018, the U.S. imported aerospace products worth about 53.98 billion U.S. dollars.

The median cost for a SaaS company to acquire a dollar of new customer revenue is $1.18

Revenue Churn Rate = (RCR) (MRR at beginning of month – MRR at end of month) – MRR in upgrades during month / MRR at beginning of month

The average company booking professional services revenue on new deals is equivalent to 16% of the first year subscription value. Professional services margins are approximately 22%

Internet sales-driven companies have a much greater reliance on marketing, with 65% of the median company’s CAC budget devoted to marketing