The road to startup success is paved with frustration, dejection, and repeated failures. And the latest startup statistics prove this point.
Why do startups fail? What is the current startup failure rate? And how do startup owners perform in various industries? To answer questions like these, we have compiled the latest startup stats to help you understand the current startup world.
How Big is the Startup Market in 2023?
Seventy-four percent of businesses plan to increase their marketing budget or keep it the same throughout the first half of 2023. More than half of the business owners aim to stick to their current expansion strategy or start a new one. Also, 2 in 5 Americans plan to start a business in 2023. So, you can expect that the startup market will expand in 2023.
