PUBLISHER: The Business Research Company | PRODUCT CODE: 1641523
PUBLISHER: The Business Research Company | PRODUCT CODE: 1641523
AI in marketing involves the utilization of consumer data for automated decision-making, leveraging algorithms and machine learning engines. These technologies enable the analysis of data gathered from audiences or economic patterns, informing marketing efforts through automated judgments.
The primary technologies employed in artificial intelligence for marketing include machine learning, context-aware computing, natural language processing, and computer vision. Machine learning solutions in marketing involve computer programs capable of learning and adapting to new data without human intervention, maintaining up-to-date algorithms. These technologies are available through hardware, software, and services, deployable via cloud or on-premises. Applications of artificial intelligence in marketing span social media advertising, search advertising, dynamic pricing, virtual assistants, content curation, sales and marketing automation, analytics platforms, and more.
The artificial intelligence in marketing market research report is one of a series of new reports from The Business Research Company that provides artificial intelligence in marketing market statistics, including artificial intelligence in marketing industry global market size, regional shares, competitors with an artificial intelligence in marketing market share, detailed artificial intelligence in marketing market segments, market trends and opportunities, and any further data you may need to thrive in the artificial intelligence in marketing industry. This artificial intelligence in marketing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The artificial intelligence in marketing market size has grown exponentially in recent years. It will grow from $27.83 billion in 2024 to $35.54 billion in 2025 at a compound annual growth rate (CAGR) of 27.7%. The growth in the historic period can be attributed to skills development and talent acquisition, data explosion and big data analytics, personalization and customer segmentation, predictive analytics and forecasting, marketing automation platforms.
The artificial intelligence in marketing market size is expected to see exponential growth in the next few years. It will grow to $106.54 billion in 2029 at a compound annual growth rate (CAGR) of 31.6%. The growth in the forecast period can be attributed to increasing integration of ai in e-commerce, focus on explainable ai and ethical marketing practices, greater adoption of ai for customer segmentation, advancements in image and video recognition, enhanced personalization strategies, advanced predictive analytics. Major trends in the forecast period include ai-enhanced customer journey mapping, real-time analytics for actionable insights, ai in email marketing optimization, emotion recognition and sentiment analysis, visual search optimization.
The surge in the adoption of virtual assistants is poised to be a driving force behind the growth of artificial intelligence in the marketing market. Virtual assistants, delivered over the internet or specific networks on demand, have gained prominence, especially among small and medium-scale enterprises aiming to streamline their business models. As highlighted in an April 2022 article by ThriveMyWay, it's projected that chatbot ecommerce transactions will reach $112 billion by 2023. Leveraging conversational technologies like virtual agents and chatbots can significantly reduce customer support costs, potentially saving businesses up to 30%. Consequently, the increased adoption of virtual assistants is expected to catalyze demand in the artificial intelligence marketing domain.
The growing adoption of data analytics solutions in marketing is expected to propel the growth of the artificial intelligence (AI) in marketing market. Data analytics involves examining, cleaning, transforming, and interpreting data to extract valuable insights, identify patterns, and support decision-making. These tools have become essential for marketing companies, enabling them to gain deep insights into customer behavior, deliver targeted offers, nurture potential customers, and improve lead scoring. For example, in January 2024, Techjury, a US-based software and tech review company, reported that the big data analytics market is expected to reach $103 billion by 2023, with data creation projected to exceed 180 zettabytes by 2025. Thus, the increasing use of data analytics in marketing is set to drive the growth of the AI in marketing market during the forecast period.
Technological advancements are emerging as a key trend in the artificial intelligence (AI) in marketing market. Software companies are introducing advanced technologies to support automated and integrated business models. For example, in June 2024, Infosys, an India-based digital services and consulting firm, launched Infosys Aster, a suite of AI-powered marketing services, solutions, and platforms aimed at delivering engaging brand experiences, enhancing marketing efficiency, and driving business growth. This initiative supports AI-driven marketing transformation by providing an integrated, real-time view of customers, brands, and channels, helping companies maximize their marketing Return on Investment (ROI).
Leading enterprises within the artificial intelligence (AI) in marketing market are intensifying their efforts towards introducing Marketing Co-Pilot to gain a competitive edge. This system refers to an AI-driven mechanism that assists in overseeing or managing marketing activities. For instance, in February 2023, Dealtale, an Israel-based software company, unveiled Marketing Co-pilot. This feature harnesses artificial intelligence (AI) to offer marketers immediate responses to intricate queries concerning their historical, current, and anticipated performance metrics. It empowers marketers to inquire about their performance metrics and swiftly receive data-driven answers sourced from their marketing and sales stack, encompassing platforms like Salesforce, HubSpot, Google Analytics, and various social media channels.
In March 2022, Zoomd Technologies Ltd., an Israel-based marketing tech company, revealed its acquisition of Albert Technologies Ltd. for an undisclosed sum. This strategic move by Zoomd is aimed at broadening its product spectrum to encompass a Self-Service and SaaS business model. Leveraging Albert's expertise in artificial intelligence (AI), Zoomd aims to cater to Fortune 500 customers, allowing them access to a range of Zoomd products and services. Albert Technologies Ltd., based in the US, specializes in offering artificial intelligence marketing solutions.
Major companies operating in the artificial intelligence in marketing market include IBM Corporation, Salesforce. com Inc., Amazon. com Inc., Facebook Inc., Oracle corporation, Appier Inc., GumGum Inc., Heuritech SAS, NetBase Quid Inc., Quantcast Corporation, Persado Inc., Albert Technologies Ltd., Affectiva Inc., Conversica Inc., Brave Bison Group plc, War Room Inc., SmallGiants LLC, Shout Digital Ltd., Major Tom Inc., Blueshift Labs Inc., iKala Interactive Media Inc., Amplero Inc., Clickstrike Inc., Avantgrade LLC, NoGood Inc., Single Grain LLC, Matrix Marketing Group LLC, Near Pte Ltd., Pixis Interactive Inc., Adobe Sensei
Asia-Pacific was the largest region in the artificial intelligence in marketing market in 2024. The regions covered in the artificial intelligence in marketing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the artificial intelligence in marketing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.
The artificial intelligence in the marketing market includes revenues earned by entities by making automated judgments based on audience or economic patterns that may affect marketing activities, data collection, analysis, and other observations. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Artificial Intelligence In Marketing Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on artificial intelligence in marketing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for artificial intelligence in marketing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The artificial intelligence in marketing market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.