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Influencer Marketing Platform Market Expected to Grow at 22.3 Billion In Revenue by 2024

02-26-2020 06:24 PM CET | IT, New Media & Software

Press release from: ReportsandReports

Influencer Marketing Platform Market Expected to Grow at 22.3

According to Market Study Report, Influencer Marketing Platform Market provides a comprehensive analysis of the Influencer Marketing Platform Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, and emerging opportunities of global industry.This report also provides market landscape and market share information in the Influencer Marketing Platform Market.

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The Global Influencer Marketing Platform Market to grow from US$ 5.5 Billion in 2019 to US$ 22.3 Billion by 2024, at a Compound Annual Growth Rate (CAGR) of 32.4% during the forecast period. This report spread across 116 Pages, Profiling 15 Companies and Supported with 64 Tables and 18 Figures is now available in this research.

Top Key Players profiled in the Influencer Marketing Platform Market:
o IZEA (US)
o HYPR (US)
o Traackr (US)
o InfluencerDB (Germany)
o Launchmetrics (US)
o Julius (US)
o Klear(US)
o Upfluence(US)
o AspireIQ(US)
o Mavrck (US)
o Onalytica (UK)
o Lumanu (US)
o Lefty (France)
o Linqia(US)
o Social Beat (India).

Based on end-user, the influencer marketing platform market is divided into fashion & lifestyle, agencies & public relations, retail & consumer goods, health & wellness, banking & financial institutes, travel & tourism and others. The influencer marketing platform market has a sustainable future in the healthcare sector as efforts are being made to spread awareness of lifestyle & wellness programs and medical care. The end-users are benefited in various ways through influencer marketing as they understand about the numerous products which help them identifying authentic products and services.

Organizations have been gradually recognizing the importance of influencer marketing platform software and have started deploying them as per their needs and available resources. Conventional marketing and advertisement techniques are not sufficient in the age of social media. These techniques don't create much impact over the customers and results in wastage of the money and efforts.

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In-depth interviews were conducted with the Chief Executive Officers (CEOs), Chief Technology Officers (CTOs), Chief Operating Officers (COOs), Vice Presidents (VPs), Managing Directors (MDs), technology and innovation directors, and related key executives from various key companies and organizations operating in the influencer marketing platform market.

Breakdown of primary participants' profile:
o By Company - Tier 1-10%, Tier 2-25%, and Tier 3-65%
o By Designation - C-Level-25%, Director Level-50%,and Others-25%
o By Region - North America-40%, Europe-30%, and APAC-20%, RoW - 10%

The Study Objectives of this report are:
o To analyze opportunities in the market for stakeholders by identifying high-growth segments of the market

o To profile the key players of the market and comprehensively analyze their market size and core competencies in the market

o To forecast the market size of the market segments with respect to 5 main regions: North America, Europe, Middle East and Africa (MEA), Asia Pacific (APAC), and Latin America

o To define, describe, and forecast the influencer marketing platform market by component (solution and services), application (search and discovery, campaign management), organization size, end user, and region

o To provide detailed information about the major factors (drivers, opportunities, restraints, and challenges) influencing the growth of the market

o To analyze micro-markets with respect to individual growth trends, prospects, and contributions to the overall market

o To track and analyze the competitive developments, such as new product launches; mergers and acquisitions; and partnerships, agreements, and collaborations in the global influencer marketing platform market

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