Press release
Marketing Automation Market to Booming Anticipated Grow at 12.9% CAGR Revenue to Cross USD 21,700.9 Million By 2032
๐๐๐ซ๐ค๐๐ญ๐ข๐ง๐ ๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ๐๐๐ซ๐ค๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
โข The global marketing automation market was valued at USD 7,310.1 million in 2023.
โข The market is expected to expand at a CAGR of 12.9% over the forecast period from 2024 to 2032.
โข The industry is projected to reach USD 21,700.9 million by 2032.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/marketing-automation-market/request-for-sample
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
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.
๐๐๐ฒ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ซ๐ญ๐ข๐๐ข๐ฉ๐๐ง๐ญ๐ฌ
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:
โข ClickDimensions
โข Act-On Software
โข Adobe Inc.
โข ActiveCampaign
โข HubSpot
โข GetResponse
โข IBM Corporation
โข Oracle Corporation
โข Keap
โข Salesforce Inc.
โข Sendinblue
โข SAS
โข SharpSpring
โข Teradata Corporation
โข Thryv.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/buy/1572/2
๐๐๐ซ๐ค๐๐ญ๐ข๐ง๐ ๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข 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.
โข 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.
โข 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.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ ๐๐๐ญ๐จ๐ซ๐ฌ
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.
๐๐๐๐๐ฌ๐ฌ ๐๐ก๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ, ๐ก๐๐ซ๐: https://www.polarismarketresearch.com/industry-analysis/marketing-automation-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
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.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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