"Rapidly Transforming Marketing Technology to Stimulate the Demand for Marketing Analytics Software Market"
Marketing technology has undergone a significant transformation in the 21st century. Marketing analytics software market is set to grow with a CAGR of 12.25% across the forecast period from 2018 to 2026. Most marketing organizations are drawing in data and starving for information. In a study conducted by MIT Sloan Management Review and IBM in 2011, clear link found between the adoption of analytics and competitiveness. Best practice organizations treat analytics as one of the top business and technology priorities in the organization. The necessary investments in technology made to enable an excellent analytics environment that enables data integrity & accuracy, real-time visibility into key performance indicators and predictive analytics to model future performance. One of the most critical aspects of successful analytics implementation is the sponsorship and usage of the environment by executives.
"Social Media Marketing to Remain Dominating Segment in Marketing Analytics Software Market"
Social media marketing segment expected to dominate the market with higher growth rate compared to other segment across the world. With the growth of mobile technologies, the impact of social media marketing analytics is instant. This development has compelled marketers to take social media seriously and initiate strategies around it. Social media data insights drive efficient as well as smart business decisions. Marketers are decoding actions in terms of customer engagement, content popularity, website visits and conversions on social media platform. Such analytics is powerful tool that helps marketers to find customers’ sentiments across the online channels. With growing number of smartphones and enhancing internet connectivity segment expected to witness higher growth rate across the world.
"Early Adoption of 3D Technology to Ensure Dominating Position of North America Market"
Presently, North America is the front-runner of the overall Marketing analytics software market. North America is the headquarters of leading market players such as Adobe Systems Inc., International Business Machines Corporation, Microsoft Corporation, Oracle Corporation, Harte Hanks, Inc., Pegasystems Inc., and SAS Institute among others. Additionally, U.S. accounted for the 71% penetration of social media network across the country. Further Asia Pacific expected to experience higher growth rate across the forecast period. South Korea, Singapore, and China accounted for 84%, 83% and 65% respectively for penetration of social media network.
Key players of global marketing analytics software market include Adobe Systems Inc., Fair ISAAC Corporation, International Business Machines Corporation, Oracle Corporation, QLINK Technologies Inc., Experian PLC, Harte Hanks, Inc., Pegasystems Inc., SAS Institute Inc., Teradata Corporation, Microsoft Corporation, Mckinsey & Company, and others.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Marketing Analytics Software market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report