Study: Marketing automation spend to hit $325 million

http://www.btobonline.com/article/20110721/DIRECT10/307219999/study-marketing-automation-spend-to-hit-325-million?utm_source=dailynewsletter&utm_medium=email&utm_content=editorial&utm_campaign=dailyclickthroughs

B2b marketers will spend $325 million on marketing automation solutions this year, a 50% increase in marketing automation spending over last year, according to a study by marketing consultancy Raab Associates.
According to Raab's “B2B Marketing Automation Vendor Selection Toolkit,” which also offers product comparisons and recommendations, midsize businesses (those with sales of $20 million to $500 million) command the bulk of the dollars spent, projected to hit $145 million, or 45% of the total.
However, “microbusinesses” (defined by Raab as companies with less than $5 million in revenue) lead in the number of marketing automation installations, forecast to total 12,000, or 61% of all system installations. Raab's marketing automation spending estimates are based on information provided by vendors in May and June, according to the company.