openPR Logo
Press release

Marketing Automation Market predicted to gain $6.4 billion by 2024

01-13-2022 02:38 PM CET | IT, New Media & Software

Press release from: MarketsandMarkets™

Marketing Automation Market

Marketing Automation Market

According to a new market research report "Marketing Automation Market by Component (Software, Services), Organization Size, Applications (Lead Nurturing & Lead Scoring, Email Marketing, Social Media Marketing, Analytics & Reporting, Campaign Management), Industry & Region - Global Forecast to 2024" published by MarketsandMarkets™, the marketing automation market size expected to grow from USD 3.3 billion in 2019 to USD 6.4 billion by 2024, at a CAGR of 13.9% during the forecast period. The growing demand for automation in the marketing process, increasing need for informed marketing strategy, and maximizing prospect’s interest & engagement are some of the major factors driving the growth of the market.

Browse Full Report @ https://www.marketsandmarkets.com/Market-Reports/marketing-automation-software-market-155627928.html

Browse in-depth TOC on "Marketing Automation Market”
103- Tables
28- Figures
135- Pages

The large enterprises segment is expected to account for the larger market share during the forecast period.

The use of marketing automation in large enterprises is relatively higher as compared to that of small and medium-sized enterprises (SMEs). This higher use is due to the affordability and economies of scale, which enables large organizations to benefit from the marketing automation technology. Large enterprises have left no stone unturned to compete in today’s cut-throat competitive industry. Moreover, the need for a multichannel communication to capture leads and improve the conversion rate of prospects to customers is likely to drive the growth of the marketing automation market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=155627928

The services segment to grow at a higher CAGR during the forecast period as compared to the solutions segment

Marketing automation services have a broad scope of usage, ranging from assistance to the client for the deployment of software, strategy, & implementation, to cater to the business-specific needs of organizations. Marketing automation services help businesses bridge legacy systems to modern applications and take care of training and implementation work so that the client can focus on their core business. This has created opportunities for vendors to provide services to a varied organization operating in different industries and help them deal with complexities while configuring marketing automation systems.

IT and Telecom industry vertical is estimated to have the largest market size

IT and telecom companies need to respond to varying market conditions for service variations and different consumer behavior. Hence, these companies engage their marketing personnel and domain experts in managing the requirements of their clients efficiently. The marketing automation software enables IT and telecom enterprises to remain competitive in the market and change their marketing approach as per industry requirements. The marketing automation software is transforming the IT and telecom industry by empowering enterprises with increased speed-to-market and the capability to close deals of a higher value at a faster rate.

Speak to Research Expert @ https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=155627928

North America estimated to lead the marketing automation market during the forecast period

North America is expected to account for the largest share of the marketing automation market in 2019. The region comprises developed countries, such as the US and Canada, and is considered the most advanced region in terms of adopting digital technologies and cloud-based platforms to increase revenue. The North American region exhibits a wide presence of key industry players offering marketing automation and services, and its financial position enables it to invest majorly in leading tools and technologies for effective business operations.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com
Content Source: https://www.marketsandmarkets.com/PressReleases/marketing-automation-software.asp

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Marketing Automation Market predicted to gain $6.4 billion by 2024 here

News-ID: 2526485 • Views: 155

More Releases from MarketsandMarkets™

Smart Space Market predicted to gain $15.3 billion by 2025
According to a new market research report "Smart Space Market by Component (Solutions and Services (professional & managed)), Application (Energy Optimization and Management, Emergency Management, & Security Management), Premises Type (Commercial, Residential), and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size projected to grow from USD 9.4 billion in 2020 to USD 15.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 10.2% during
Transportation Management System (TMS) Market predicted to gain $17.8 billion by …
According to a new market research report "Transportation Management System (TMS) Market by Component (Solutions and Services), Transportation Mode (Roadways, Railways, Airways, and Maritime), Deployment Type (On-premises and Cloud), Organization Size, Vertical, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the market size expected to grow from USD 7.7 billion in 2020 to USD 17.8 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 18.2% during
Cloud ITSM Market expected to gain $12.2 billion by 2025
According to a new market research report "Cloud ITSM Market by Components ( Solutions (Service Portfolio Management, Configuration & Change Management, Service Desk Software) And Services), Vertical (BFSI, IT & ITeS, Retail & Consumer Goods), Organization Size, and Region - Global Forecast to 2025" published by MarketsandMarkets™, the Cloud ITSM market size expected to grow from USD 4.7 billion in 2020 to USD 12.2 billion by 2025, at a Compound
Facial Recognition Market predicted to gain $8.5 billion by 2025
According to a new market research report "Facial Recognition Market by Component (Software Tools (3D Facial Recognition) and Services), Application (Law Enforcement, Access Control, Emotion Recognition), Vertical (BFSI, Government and Defense, Automotive), and Region - Global Forecast to 2025" published by MarketsandMarkets™ , the post-COVID-19 Facial recognition market size expected to grow from USD 3.8 billion in 2020 to USD 8.5 billion by 2025, at a Compound Annual Growth Rate

All 5 Releases


More Releases for Marketing

Marketing Analytics Software Market (Social Media Marketing, Email Marketing, SE …
Global Marketing Analytics Software Market Report 2023,” Marketing analytics software products are becoming a standard for marketing efforts across every industry these days. Offering a variety of tools for managing, analyzing, measuring, and controlling marketing performance with the help of insights gained from consumer behavior, marketing analytics software products have demonstrated their capability of optimizing returns and improving effectiveness of marketing activities. Capability of analyzing consumer preferences, buying trends, and
Tourism Board Marketing Board Marketing Index
ReportsWeb.com published “Tourism Board Marketing Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Publisher's "Tourism Board Marketing Index", measures the marketing efforts of 100 tourism boards around the world. The Tourism Board Marketing Index provides an insight into the individual marketing performance of different tourist boards. To compile
Marketing Communication
Branding is nothing but a definition of ‘what you are’ and ‘what others think of you’. It is always strategic and a more generous way of self-promotion. At Kaavin Communications, as an advertising agency we believe in creating compelling brand experiences that touch a chord with audiences. Our goals are simple; do great work, make our client’s brands successful with the right communication; build fiercely loyal relationships with them in
Internet Marketing Services Provider: Media Marketing Online
Media marketing online is a leading Search Engine Marketing company providing Optimization services. Media Marketing Online is not about web designing, not about traditional ad agency with an online marketing division, and it’s definitely not a collection of freelancers. Media Marketing Online create, implement and measure Internet marketing, advertising, and search engine strategies .For their efforts and services they can be rightly called ecommerce consultants. Core services offered by Media Marketing
Viral Marketing
Viral marketing is sometimes called viral advertising and concerns the type of marketing methods that look to tap into preexistent interpersonal networks in order to create unlimited growth in the awareness of a product or service. With the ease of being able to reach massive numbers of people through the Internet, viral marketing has taken hold of the power provided by online marketing tools and seeks out these types of
Marketing Services
Marketing uses to involve the exchange of goods for an agreed amount of money. Today the word marketing has evolved into the complete phrase ‘marketing service’, which refers to the commercial processes involved in promoting, selling and distributing a product or service. There are marketing service specialists who work is a variety of areas on order to connect specific products or services with target market groups that include consumer, institutional,