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Martech set to exceed $215 billion by 2027

Martech

Global martech spend is projected to surpass $215 billion annually by 2027, up from $131 billion in 2023, according to a Forrester forecast. Last year, spend increased 10.9%, according to the report, Global Martech Software Forecast, 2023 – 2027. The post Martech set to exceed $215 billion by 2027 appeared first on MarTech.

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ADWEEK’s B2B Innovation Awards: Honoring Standout People, Brands and Campaigns in the Growing Space

Adweek

trillion in 2021 to more than $3 trillion by 2027, according to Forrester. Business-to-business is, well, big business. Its name alone contains double the business of B2C.) Consider this: U.S. B2B ecommerce sales are forecast to grow from $1.7 And that's just online. Plenty more hospital equipment and accounting software are sold IRL.

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Volkswagen Extends DDB’s Global Creative AOR Duties for 3 Years

Adweek

The extended contract will last into 2027. Volkswagen is extending its contract with Omnicom agency DDB Worldwide as the carmaker's global creative agency of record.

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Allen Media Group Planning More Cuts

Adweek

The company's $840 million term loan, which is maturing in 2027, was trading at around 65 cents on the dollar as of Tuesday, down from 88 cents in. Byron Allen's Allen Media Group is planning more cost cutting measures. Bloomberg said Allen Media's debt has been trading at distressed levels over the last few months.

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4 Reasons Brands Should Invest More in Latin ‘Craft’ Creators

Adweek

The creator economy is expected to nearly double over the next five years, growing from $250 billion today to an estimated $480 billion by 2027. Editor's note: In this article, ADWEEK deviated from its style of using "Latinx" due to the writer's preference to use "Latin." Creators are now everywhere, in all forms. Cannes Lions,

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Exclusive: Wellness Brand Thorne Hires Ex-Kate Spade CMO Mary Beech As First CGO

Adweek

from 2022 to 2027, as per Euromonitor. If those viral recipes for the magnesium-infused "Sleepy Girl Mocktail" and greens powder juices dominating your social feed haven't made it crystal clear, supplements are having a moment. billion U.S. vitamin, mineral and supplement retail market is forecast to grow at a CAGR of 2.5%

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Addictive Social Media Feeds Hit With New California Law to Protect Children

Adweek

California will, starting in 2027, prohibit social media platforms from deliberately delivering addictive feeds to minors without parental consent as part of a new law. Axios) SB 976 also bans companies from sending notifications to users identified as minors between midnight and 6 a.m. or during the school day from 8 a.m. to 3 p.m.

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