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Digital Marketing Software Market Growth Rate 2019 – Evolving Technology, Market Size, Share, Data Analysis, SWOT Analysis Forecast to 2024

Digital Marketing Software

TheDigital Marketing Software Marketresearch report 2019-2024 is focused on various market affecting factors and comprehensive factors of the industry. The Digital Marketing Software market report illustrates the price analysis along with the features of the product, moreover, it points out the major market share in the different regions of the world. The Digital Marketing Software market report helps to determine the actual market size and execute business resources in order to gain maximum profitability.

Market Overview:

  • The digital marketing share in the overall marketing budget of organizations and real-time marketing is on the rise, owing to the increase in significant importance of digital marketing, which increases the need for digital marketing software. Buyers today are more empowered than ever before and are using omni-channels to buy a product. In a recent study conducted by Google, it was found that 48% of consumers start their inquiries on search engines, while 33% search brand websites, and 26% search within mobile applications. Businesses are ready and willing to engage with their customers on every digital platform with different devices, using digital marketing software, where habits can be tracked and analyzed.
  • The proliferation of Big Data analytics in digital marketing and the increasing ease of purchasing by removing location constraints are expected to create opportunities for market growth.
  • Social CRM solution is expected to garner high significance over the forecast period, as organizations try to engage with customers on social sites, such as Facebook and Twitter, to publicize the brand and product.
  • However, the lack of skilled labor in handling marketing software is expected to restrain the market growth. Shortage of qualified working professionals has resulted in a high fixed cost of software development.

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    Scope of the Report:

  • Digital marketing is integral to businesses’ success in the era of engagement marketing. Promoting products, brands, and services, through online and mobile applications, is quickly becoming vital for the success of businesses.

    List of Key Manufacturers Covered in Digital Marketing Software Market:

  • Adobe Systems Incorporated
  • SAP SE
  • Salesforce.com Inc.
  • IBM Corporation
  • Microsoft Corporation
  • Oracle Corporation
  • Google LLC
  • SAS Institute Inc.
  • Marketo Inc.
  • HubSpot Inc.
  • Teradata Corporation
  • Infor Inc.
  • Criteo SA

    Digital Marketing Software Market Report Highlights: –

    • The report covers forecast and analysis for the market on a global and regional level.
    • The report includes the drivers and the restraints that affect the growth of the market.
    • The report discusses detailed information about the market opportunities.
    • The market is segmented on the basis of product and end-user industry which in turn is bifurcated on the regional level.
    • The key target audience for the market has been determined in the report.
    • The revenue generated by the prominent industry players has been analyzed in the report.

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    Key Market Trends:

    Email Marketing to Hold a Significant Market Share

    Email marketing is one of the primary channels of marketing, considering the number of email-users close to 3.5 billion. Businesses across the world have utilized email marketing. Broadcasting an email to a potential client or consumer that could help in closing the sale is considered as email marketing. Generally, email marketing involves sending advertisements, newsletters, solicit sales, request donations, and requesting businesses via emails.

    Email marketing has evolved drastically over the past few years. With the advent of e-commerce and smartphones, the number of users utilizing email service has grown in the previous decade, which has improved the reach of email marketing. With the vast amount of user data available, companies are focusing on automating the database to streamline the process and explore new ways of email marketing. This has provided an opportunity for companies to explore automated email marketing.

    In August 2018, Adobe announced to update its email marketing platform capabilities, such as engagement insights, dynamic reporting capabilities, and new e-mail message designer. Additionally, the platform will also allow users to incorporate email marketing with other channels and content workflows. This is likely to attract more consumers, thereby, having a positive impact on the market growth over the forecast period.

    Asia-Pacific to hold a Major Market Share

    A rise in internet penetration in countries, such as India and China, in the recent years has brought a major population of the region online, which is expected to result in a booming opportunity for digital marketing. The aforementioned factor is set to result in a growth of social media presence, leading to a surge in social media-based marketing campaigns.

    Over the last few years, India has evolved into a market remarkably suited for investment in the digital space, particularly for consulting firms that assist with the transition to the digital sphere. As the Digital India strategy continues to take shape, it is very clear about a “cloud first” approach. The initiative aims to move legacy and on-premise systems to a cloud-based model or integrate with it. This initiative is expected to result in cloud-based digital marketing software adoption in the country.

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    Detailed TOC of Digital Marketing Software Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Scope of the Study
    1.2 Study Assumptions
    1.3 Study Deliverables

    2 RESEARCH METHODOLOGY
    2.1 Research Phases
    2.2 Analysis Methodology

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Industry Attractiveness- Porter’s Five Forces Analysis
    4.2.1 Threat of New Entrants
    4.2.2 Bargaining Power of Buyers/Consumers
    4.2.3 Bargaining Power of Suppliers
    4.2.4 Threat of Substitute Products
    4.2.5 Intensity of Competitive Rivalry
    4.3 Introduction to Market Drivers and Restraints
    4.4 Market Drivers
    4.4.1 Increased Utilization of Digital Media
    4.4.2 Rising Trend of the Adoption of Cloud Technology
    4.4.3 Increasing Need to Improve Customer E-experience
    4.5 Market Restraints
    4.5.1 Lack of Skilled Professionals Across the Industry

    5 MARKET SEGMENTATION
    5.1 DEPLOYMENT
    5.1.1 On-premise
    5.1.2 Cloud
    5.2 TYPE
    5.2.1 Search Engine Software
    5.2.2 Content Marketing Software
    5.2.3 Social Media Marketing
    5.2.4 E-mail Marketing
    5.2.5 Mobile Marketing
    5.2.6 Marketing Automation Software
    5.2.7 Other Types
    5.3 END-USER INDUSTRY
    5.3.1 IT and Telecom
    5.3.2 Media and Entertainment
    5.3.3 BFSI
    5.3.4 Retail
    5.3.5 Manufacturing
    5.3.6 Healthcare
    5.3.7 Other End-user Industries
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia-Pacific
    5.4.4 Latin America
    5.4.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Adobe Systems Incorporated
    6.1.2 SAP SE
    6.1.3 Salesforce.com Inc.
    6.1.4 IBM Corporation
    6.1.5 Microsoft Corporation
    6.1.6 Oracle Corporation
    6.1.7 Google LLC
    6.1.8 SAS Institute Inc.
    6.1.9 Marketo Inc.
    6.1.10 HubSpot Inc.
    6.1.11 Teradata Corporation
    6.1.12 Infor Inc.
    6.1.13 Criteo SA

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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