Press release
Digital Marketing Software Market 2019 Global Key Leaders: IBM Corporation, Adobe Systems, SAP SE, Oracle Corporation, Microsoft Corporation, SAS Institute Inc
Market Insights:Market Research Future has performed a thorough analysis of the digital marketing software market for the forecast period from 2018 to 2025. The growth of the global digital marketing software market is expected at 19.4% CAGR during the assessment period. Digital market has grown in importance as it provides businesses a new platform on which to market their products.
The widespread use of the internet ensures that digital marketing campaigns reach a wider audience. Digital marketing software is a fantastic tool to leverage to help manage, plan and execute digital marketing campaigns allowing marketers to keep track of various campaigns with ease. Valued at USD 22,870.8 Mn in 2013, the global market is expected to expand to reach a whopping USD 119,077.5 Mn in 2025.
The widespread adoption of digital media platforms, particularly the internet and social media has provided marketers with advertising channels that have had great success. The tremendous growth expected by the market is primarily due to several key drivers including the increasing number of mobile users, as well as the high penetration of social media. Social media sites like Facebook are increasingly being recognized as a trusted platform for advertising to an immense audience. Often times, such Digital Marketing Software Market efforts are targeted to certain demographics on social media to ensure sales. The integration of artificial intelligence, big data analysis, and predictive analysis has transformed the advertising industry and digital marketing has witnessed a market boost unlike any other form of marketing. Digital marketing software products increasingly being used by companies and marketers to manage and execute digital marketing campaigns with ease.
Notably, consumers are somewhat displaying concerns regarding data privacy and the use of ad blockers by many consumers is expected to prove the market with challenges. More often than not digital marketing software also retains large amounts of data which can be threatened by cybercriminals, thus hampering market growth.
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Major Key Players:
Adobe Systems (U.S.), HP Enterprise Development L.P (U.S.), Hubspot Inc. (U.S.), SAS Institute Inc. (U.S.), Microsoft Corporation (U.S.), SAP SE (Germany), Oracle Corporation (U.S.), and IBM Corporation (U.S.) are among the topmost market players that have been observed for their competitive roles in the global digital marketing software market. MRFR's competitive analysis records the market shares of these market players as well as the competitive strategies employed by them.
Market Segmentation:
The global digital marketing software market has been segmented into various key parts based on type, application, and region. Types of digital market software have been segmented into data analytics system, content production & management, interaction systems, and administration & management oriented apps. The interaction systems segment is expected to reach a market value of USD 53,340.2 Mn by 2025 and has a substantial CAGR of 19.5% during the assessment period. However, the data and analytics system segment will likely record a higher CAGR at 20.5% during the assessment period with a resultant market value of USD 33, 667.2 Mn by 2025.
Applications of digital marketing software have been segmented into media & entertainment, retail, manufacturing, high tech & IT, BFSI, and others. The retail segment has been witnessed to be growing rapidly and is likely to climb into the leading position with the highest CAGR of 21% during the forecast period. The retail segment is closely followed by the media & entertainment segment.
Regional Analysis:
The regions covered in the global digital marketing software market include the U.S, Europe, China, Japan, India, and South East Asia. Among these, the U.S is expected to head the market with the largest share and the highest market value prediction at USD 28,785.6 Mn by the end of 2025.
In the U.S most consumers have smartphones which are actively used to access social media platforms. The region displays an affinity for the adoption of the latest trends which allows digital marketers to successfully advertise to these consumers using digital marketing software. Moreover, the country also has a superior network capability as well as good infrastructure which drives the market.
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Table of Content
1. Report prologue
2. Introduction
2.1 Definition
2.2 Scope of the study
2.2.1 Research objective
2.2.2 Assumptions
2.2.3 Limitations
2.3 Market structure
Continued…
List of Table
Table 1 Market Synopsis
Table 2 List of Assumptions
Table 3 Global Digital Marketing Software Market, By Type, 2013-2018 (Usd Million)
Table 4 Global Digital Marketing Software Market, By Type, 2019-2025 (Usd Million)
Table 5 Global Digital Marketing Software Market, By Application, 2013-2018 (Usd Million)
Continued….
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List of Figure
Figure 1 Global Digital Marketing Software Market: Market Structure
Figure 2 Global Market Size & Market Share By Region/Country (2013 Vs 2025)
Figure 3 Top Down & Bottom up Approach
Figure 4 Dro Analysis of Global Digital Marketing Software Market
Figure 5 Social Media Platforms Business Value
Continued….
About Market Research Future:
At Market Research Future (MRFR), we enable our clients to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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