Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.67 Billion | USD 11.20 Billion | 13.2% | 2023 |
According to a report from Zion Market Research, the global Digital Marketing Software Market was valued at USD 3.67 Billion in 2023 and is projected to hit USD 11.20 Billion by 2032, with a compound annual growth rate (CAGR) of 13.2% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Digital Market industry over the next decade.
Digital Marketing is considered to be the marketing of product and services using technology, specifically on the internet, but also includes display advertising, mobile phone and other digital media. Digital media market is expected to grow in the upcoming years. The market is likely to surge owing to the upward trend of personalized proliferation and marketing of mobile devices, this has shifted the market dealer’s strategy to improve customer experience.
Organizations are leveraging digital marketing software to manage relationship with customer by analyzing customer’s behavior across numerous channels by incorporating information from several databases. Transportation and logistics, BFSI, education, manufacturing, healthcare, retail, consumer goods, telecom and IT verticals and media and entertainment are contributing largely to the growth of the market have contributed largely to the growth of the market.
Furthermore, rising growth of social media and social advertising is also anticipated to support growth for the market. Mobile device market has shown tremendous growth in the in almost all business application. Smartphones has become an important aspect of our daily life; they help us connect with each other, purchase products, weather forecast, read news etc. The usage of mobile devices has changed with the changing technology and it has also opened new opportunities for marketers to build relation with their customers. Business owners and organizations globally are transforming digitally into online business, leaving behind old and traditional way of doing business.
The study provides a decisive view of the digital marketing software market by segmenting the market based on by type, deployment, end-use and by Region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By type segment analysis includes software and services under the software segment rm software, email marketing, social media, search marketing, ontent management, marketing automation, campaign management and others and now under the services there are two types professional services and managed services.
By deployment segment analysis includes cloud and on-premise.
The end-use segment is bifurcated into automotive, BFSI, education, government, healthcare, manufacturing, media & entertainment and others.
The rising focus of media & entertainment and retail industries on developing online promotional strategies to capitalize proliferation of smartphones and internet usage is expected to stimulate market growth in the long run. Additionally, the government agencies are also utilizing digital media advertising to familiarize customers with numerous government schemes.
Report Attributes | Report Details |
---|---|
Report Name | Digital Marketing Software Market |
Market Size in 2023 | USD 3.67 Billion |
Market Forecast in 2032 | USD 11.20 Billion |
Growth Rate | CAGR of 13.2% |
Number of Pages | 120 |
Key Companies Covered | Oracle Corporation, SAP AG, Adobe Systems Incorporated, IBM Corporation, Marketo Inc, Microsoft Corporation, SAS Institute, Salesforce.com, Inc., Hubspot, Inc. and Hewlett-Packard Enterprise among others |
Segments Covered | By Type, By Deployment, By End-Use And By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The digital marketing software market is segmented into North America, Europe, Asia- Pacific, Latin America & Middle East and Africa. Asia- Pacific is likely to show growth during the predicted period. It is anticipated to hold a significant share share owing to the rising penetration of internet in developing countries such as India and China. This will likely boost opportunity for digital marketing in Asia Pacific region. In the recent years, Indian market has shown remarkable investment in digital space, along with the digital India strategy is anticipated to bolster growth for the market.
Some of the leading players in the global market include
The report segment of global digital marketing software market as follows:
By Type Segment Analysis
Software
Services
By Deployment Segment Analysis
By End-use Segment Analysis
By Regional Segment Analysis
North America
FrequentlyAsked Questions
The Digital Marketing Software Market was valued at USD 3.67 Billion in 2023.
The Digital Marketing Software Market is expected to reach USD 11.20 Billion by 2032, growing at a CAGR of 13.2% between 2024 to 2032.
Global Digital Marketing Software Market players such as Oracle Corporation, SAP AG, Adobe Systems Incorporated, IBM Corporation, Marketo Inc, Microsoft Corporation, SAS Institute, Salesforce.com, Inc., Hubspot, Inc. and Hewlett-Packard Enterprise among others.
Digital Marketing is considered to be the marketing of product and services using technology, specifically on the internet, but also includes display advertising, mobile phone and other digital media. Digital media market is expected to grow in the upcoming years. The market is likely to surge owing to the upward trend of personalized proliferation and marketing of mobile devices, this has shifted the market dealer’s strategy to improve customer experience.
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