Global marketing automation software market will grow at CAGR of 8.19% to hit $14.43 Billion by 2026
Definition:
Marketing
automation software can be defined as technologies and software platforms which
are made for the marketing department of the organization to increase the
efficiency & effectiveness of the marketing channel online. This integrates
social networking & social media channels for promotion and advertising of
the product or a company. Marketing automation efficiently automates the
repetitive tasks within the organization, when it comes to market the products.
Analysis of Global marketing
automation software market report:
Global marketing automation software market is driven by global focus on digital
transformation, which is projecting a rise in estimated value from USD 7.69
billion in 2018 to an estimated value of USD 14.43 billion by 2026, registering
a CAGR of 8.19% in the forecast period of 2019-2026.
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Market Drivers:
· Rising development of the
infrastructure in the communication & digital sector across the globe.
· Rising number of mobile, smartphone
& connecting device users globally is one of the major driving factors of
this market to go for automation in marketing.
Market Restraints:
· There is always scepticism by the
user for breach of data or there is always the chance of misuse of the data
provided by the use.
· Complementary solutions availability
is always a restraint as it is not feasible or available every time to have
complimentary solutions of a particular technology.
Leading Key players profiled in this
report are:
Few of the
major competitors currently working in marketing automation software market are Adobe., Act-On Software Inc.,
HubSpot Inc., Infusionsoft, Oracle, IBM Corporation, Salesforce.com Inc,
ActiveCampaign, LLC., SHARPSPRING., Microsoft, LoopFuse, Teradata, Salesfusion
and Scandinavian Airlines System.
Global marketing automation software
Market Segmentation:
By Applications
· Campaign Management
· E-Mail Marketing
· Mobile Application
· Inbound Marketing
· Lead Nurturing And Lead Scoring
· Reporting And Analytics
· Social Media Marketing
· Other Applications
By Vertical
· Academic & Education
· Advertising And Design
· Banking Financial And Insurance
· Healthcare
· High Tech
· Manufacturing And Distribution
· Media And Entertainment
· Retail
· Other Verticals
By Deployment Model
· Cloud
· On-Premises
By End User
· Small And Medium Businesses
· Enterprises
By Geography
· North America
· South America
· Europe
· Asia-Pacific
· Middle East and Africa
Competitive Analysis: Global
Marketing Automation Software Market
Global
marketing automation software market is highly fragmented and the major players
have used various strategies such as new product launches, expansions,
agreements, joint ventures, partnerships, acquisitions, and others to increase
their footprints in this market. The report includes market shares of marketing
automation software market for global, Europe, North America, Asia Pacific and
South America.
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The Global
marketing automation software market report provides the global market size of
the main players in each region. Moreover, the report provides knowledge of the
leading markets players within the Global marketing automation software market.
The industry changing factors for the market segments are explored in this
report. This analysis report covers the
growth factors of the worldwide market based on end-users. Market opportunities
and recommendations for new investments are also encompassed in this report.
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