PUBLISHER: Allied Market Research | PRODUCT CODE: 1193373
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193373
Marketing analytics software helps businesses to gather data from multiple sources and channels to identify which marketing initiatives are performing well and which have room for improvement. In addition, leveraging marketing analytics software is imperative when calculating ROI on marketing campaigns, which helps optimize digital marketing spending. Moreover, with the help of marketing analytics tools, marketers can operate more efficiently by learning how to allocate their time in a better way.
Surge in usage of social media channel and rise in employment of big data analytics boost the growth of the global marketing analytics software market. In addition, the incremental need to gauge customer behavior positively impacts the growth of the market. However, high cost of deployment hampers the marketing analytics software market growth. On the contrary, growth in advanced technology such as 5G is expected to offer remunerative opportunities for the expansion of the marketing analytics software market during the forecast period.
The marketing analytics software market is segmented on the basis of deployment model, enterprise size, application, industry vertical, and region. On the basis of the deployment model, the market is fragmented into on-premise and cloud. On the basis of enterprise size, the market is bifurcated into large enterprises and SMEs. On the basis of application, the market is classified into social media marketing, E-mail marketing, search engine marketing, content marketing, and others. By industry vertical, it is categorized into retail, consumer goods, industrial, BFSI, media & communication, healthcare, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players that operate in the marketing analytics software market are Accenture, Adobe Inc., Google Inc., Funnel, IBM Corporation, Oracle Corporation, RTB Digital Media Corporation, SAS Institute Inc., Tableau Software LLC, Teradata Corporation. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
By Deployment Model
By Enterprise Size
By Application
By Industry Vertical
By Region