B2B Ad Spending Will Grow 13% in 2018
B2B advertisers will spend $4.07 billion on US digital advertising in 2017, eMarketer estimates. Overall, the B2B digital ad market is growing steadily, and in 2018 it will jump 13% to reach $4.60 billion.
Desktops and laptops attract the majority of digital ad dollars spent by B2Bs in the US, an anticipated $2.54 billion in 2017. Mobile spend, which will reach $1.53 billion this year, is increasing steadily every year and slowly eroding the desktop/laptop share, although no tipping point is in sight yet.
The B2B digital ad market is dwarfed by total digital ad spending (which is more than 20 times larger) and total media ad spending (more than 50 times larger). While B2C companies still drive the clear majority of spend and will likely continue to do so, at many B2Bs the media mix is evolving, with a stronger emphasis on digital buying and placement than in the past. This change is led mostly by big-spending, high-tech B2B companies.