Press release
Major Market Shift in Email Marketing Industry: Innovative Ai Tools Revolutionize Email Marketing
What Is the Forecasted Market Size and Growth Rate for the Email Marketing Market?The size of the email marketing market has expanded swiftly over recent years, with projections showing a rise from $9.34 billion in 2024 to $10.84 billion in 2025, reflecting a compound annual growth rate (CAGR) of 16.1%. The historical growth trajectory of the market is due to various factors, such as a heightened demand for personalized and targeted marketing communication, a significant increase in internet users, widespread adoption of digital and innovative marketing solutions, advances in network technology, and a soaring demand for mobile devices to quickly access information.
There is an expected surge in the size of the email marketing market in the upcoming years with a projected growth to $19.43 billion by 2029 at a compound annual growth rate (CAGR) of 15.7%. This predicted expansion during the forecast period is largely due to the increased demand for innovative technology and improved infrastructure, interest in email-oriented marketing, the requirement for personalized content, and the growing necessity for marketing refinement among others. The substantial growth is further propelled by the rising number of email advertisement companies catering to both small and medium-sized businesses. Key trends anticipated to shape the forecast period include advancements in technology, widespread digitalization, the launch of revolutionary innovations, strategic collaborations for business portfolio expansion, and planned mergers and acquisitions.
What Are the Key Drivers Behind the Growth of the Email Marketing Market?
The proliferation of internet users is projected to stimulate the expansion of the email marketing market. Internet users denote individuals who access and proactively utilize the internet to visit websites, avail online services, converse through email or social media, consume digital content like videos or text materials, process online transactions, and partake in diverse online activities. The surge in internet usage is attributed to factors like smartphone utilization, initiatives promoting digital inclusion, remote work culture, online education, 5G network, and the Internet of Things (IoT). The uptick in internet users provides a conducive environment for email marketing to flourish by broadening the potential audience base, enhancing engagement prospects, and fostering innovation in the sector. For example, as per the International Telecommunication Union, a specialized agency based in Switzerland, there was an increase in global internet users from 5.1 billion in 2022 to 5.4 billion in 2023, recorded in February 2024. Hence, the escalating number of internet users is fuelling the growth of the email marketing market.
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Which Businesses Are at the Forefront of Email Marketing Market Development?
Major companies operating in the email marketing market are International Business Machines Corporation, Salesforce Inc., Adobe Inc., Intuit Inc., HubSpot Inc., Ziff Davis Inc., Marigold Engage, Zoho Corporation Pvt. Ltd., Constant Contact Inc., Brevo, GetResponse, ActiveCampaign LLC, Alchemy Worx Inc., Benchmark Internet Group LLC, ConvertKit LLC, Campaign Monitor Pty Ltd., AWeber Communications Inc., CIENCE Technologies Inc., Pinpointe On-Demand Inc., Inbox Army LLC, Mailbutler GmbH, Cleartail Marketing
What Are the Latest Innovations in the Email Marketing Market?
Prominent entities in the email marketing sector are prioritizing the development of innovative technologies like generative AI tools for email marketing, with the goal of amplifying personalization, boosting content creation, and enhancing the overall efficiency of campaigns. The generative AI tool can be described as a software application that employs the power of generative artificial intelligence (AI) to help marketers personalize, create and optimize their email marketing content. For instance, In April 2023, Intuit Inc., a renowned American software firm, introduced the Email Content Generator, a tool based on generative AI for email marketing that takes advantage of the generative pre-trained transformer (GPT) AI technology. This tool is aimed at making the task of drafting marketing emails for businesses easier, thereby enabling them to establish campaigns that reflect their industry, marketing intention, and brand tone. The product includes AI-powered features such as the email content generator, indicating the latest leap in the company's endeavor to transform email marketing for small to medium-sized enterprises.
How Is the Email Marketing Market Segmented?
The email marketing market covered in this report is segmented -
1) By Component: Software, Services
2) By Deployment: On-Premise, On Cloud
3) By Solution: Email Campaign Software, Marketing Automation Platform, Customer Relationship Management (CRM) Email Marketing Software, Lead Generation Tools, Other Solutions
4) By Enterprise: Small And Medium-Sized Enterprises (SMEs), Large Enterprise
5) By End-Users: Retail Or E-Commerce, Information Technology And Telecom, Travel And Leisure, Print Or Publishing, Banking, Financial Services, And Insurance (BFSI), Other End-Users
Subsegments:
1) By Software: Email Campaign Management Software, Email Automation Software, Email Design And Template Software, Analytics and Reporting Software, Deliverability Software, List Management Software, A Or B Testing Software
2) By Services: Email Marketing Strategy Consulting, Email Campaign Management Services, Email List Management Services, Email Template Design Services, Email Analytics And Reporting Services, Email Deliverability Services
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Where Is the Email Marketing Market Growth Most Prominent?
North America was the largest region in the email marketing market in 2023. The regions covered in the email marketing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Email Marketing Global Market Report?
- Market Size Analysis: Analyze the Email Marketing Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Email Marketing Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Email Marketing Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Email Marketing Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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