Market Snapshot:
The Marketing Automation Software assists the sales personnel in identifying, knowing and increasing leads quickly when compared to the traditional methods and process approaches. The progress from any of the generated leads can also be tracked at the same. The marketing team uses this kind of data, and depending on the feedback, they can either create a new campaign or alter an existing campaign to achieve better results. The market of the Automation Software is gaining a huge growth due to the simplification of the organisational task, but due to the lack of knowledge in the employees who are handling the software and their analytical skills the market can be hinder in some of the regions
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Largest Market | North America |
Unit | Value (USD Billion) |
Key Companies Profiled | HubSpot (United States), SALESmanago (Poland), SAP (Germany), SAS Institute (United States), Eloqua (Canada), Marketo (United States), Act-On Software (United States), Salesforce.com (United States), Adobe Systems (United States), Oracle (United States), Infusionsoft (United States), IBM (United States), Cognizant Technology Solutions (CTS) (United States), ETrigue (United States) and GreenRope (United States) |
CAGR | 8.1% |
Segment Analysis
AMA Research have segmented the market of Global Marketing Automation Software market by Type, Application and Region. On the basis of Type, Email marketing are dominating the market in the year 2023
On the basis of geography, the market of Marketing Automation Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023.
Market Trend
Dynamic campaign management and Emergence of account-based marketing
Market Drivers
Ease of connecting with potential customers and reduced costs, Growth in marketplace and marketing channels, Increase in accountability of different teams and Simplifies organisational and marketing tasks
Opportunities
Future marketing automation platforms are expected to be more intelligent and capable of accommodating more specialized applications through predictive integrations, thus making automation platforms more usable for delivering relevant recommendations to marketers
Restraints
- Presence of Alternatives
- Security Issues
In addition to the aforementioned factor, Ease of connecting with potential customers and reduced costs
is expected to propel the growth of the market over the forecast period.
Competitive Landscape
The intensity of rivalry in the global marketing automation software market is high. With the emergence of high demand for marketing software, vendors are either launching new products or aggressively upgrading their current platform features. Further, various mergers and acquisitions are also making the competition tough
The key Players profiled in the study are HubSpot (United States), SALESmanago (Poland), SAP (Germany), SAS Institute (United States), Eloqua (Canada), Marketo (United States), Act-On Software (United States), Salesforce.com (United States), Adobe Systems (United States), Oracle (United States), Infusionsoft (United States), IBM (United States), Cognizant Technology Solutions (CTS) (United States), ETrigue (United States) and GreenRope (United States). A lot of United States players are profiled in the research study indicating a strong market dependence.