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Marketing Automation Market to Booming Anticipated Grow at 12.9% CAGR Revenue to Cross USD 21,700.9 Million By 2032

05-10-2024 09:17 AM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Marketing Automation Market

Marketing Automation Market

๐Œ๐š๐ซ๐ค๐ž๐ญ๐ข๐ง๐  ๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค

โ€ข The global marketing automation market was valued at USD 7,310.1 million in 2023.
โ€ข The market is expected to expand at a CAGR of 12.9% over the forecast period from 2024 to 2032.
โ€ข The industry is projected to reach USD 21,700.9 million by 2032.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/marketing-automation-market/request-for-sample

๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

Marketing automation refers to technology that manages routine marketing processes without human intervention. With marketing automation, it's possible for firms to manage multifunctional campaigns across multiple channels, automatically. Common tasks automation with marketing automation include email marketing, social media posting, and even advertisements. Also, the technology enables businesses to collect customer data through various interactions, including emails, website visits, and app usage, amongst others. There are various benefits associated with the use of marketing automation, including easy prioritization of B2C leads for improved ROI and the development of valuable B2B relationships.

๐Š๐ž๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐š๐ซ๐ญ๐ข๐œ๐ข๐ฉ๐š๐ง๐ญ๐ฌ

The marketing automation market has the presence of both established players and new entrants. Some of the major players offering their products/services in the industry include:

โ€ข ClickDimensions
โ€ข Act-On Software
โ€ข Adobe Inc.
โ€ข ActiveCampaign
โ€ข HubSpot
โ€ข GetResponse
โ€ข IBM Corporation
โ€ข Oracle Corporation
โ€ข Keap
โ€ข Salesforce Inc.
โ€ข Sendinblue
โ€ข SAS
โ€ข SharpSpring
โ€ข Teradata Corporation
โ€ข Thryv.

๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/1572/2

๐Œ๐š๐ซ๐ค๐ž๐ญ๐ข๐ง๐  ๐€๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข The software segment accounted for the highest market share in the Marketing Automation market. It includes various software platforms and tools enabling businesses to automate and streamline their marketing activities to provide multiple functionalities and features to support marketing campaigns and customer engagement.

โ€ข In 2022, the IT & Telecom segment accounted for the largest market share in the Marketing Automation market. The IT & Telecom industry heavily relies on effective marketing strategies to promote their products and services to a wide range of customers.

โ€ข Asia Pacific accounted for highest growth rate in the forecast period due to population growth, rapid digitalization, and the widespread use of social networking platforms.

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ

The increasing adoption of marketing automation platforms and the exponential rise of advertising and social media are the primary factors fueling the market expansion. Besides, the development of Software-as-a-Service (SaaS) solutions has also created opportunities for the market. Besides, the introduction of market automation software for small firms and businesses is anticipated to support the development of the industry in the upcoming years.

๐€๐œ๐œ๐ž๐ฌ๐ฌ ๐“๐ก๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ, ๐ก๐ž๐ซ๐ž: https://www.polarismarketresearch.com/industry-analysis/marketing-automation-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

The market segmentation is primarily based on component, deployment type, organization size, application, end-use, and region. By component analysis, the software segment accounted for the highest market share owing to the growing adoption of innovative technologies such as artificial intelligence and machine learning. By end-use analysis, the IT & Telecom segment accounted for the largest market share.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐ˆ๐ง๐Ÿ๐จ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.

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