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Marketing Automation Market Size To Touch $8.42 Billion By 2027 Due To Increasing Penetration of Internet And Rising Demand For Customized Advertising | Million Insights

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Marketing Automation Market Size To Touch $8.42 Billion By 2027 Due To Increasing Penetration of Internet And Rising Demand For Customized Advertising | Million Insights

August 30
12:07 2021
Marketing Automation Market Size To Touch $8.42 Billion By 2027 Due To Increasing Penetration of Internet And Rising Demand For Customized Advertising | Million Insights
Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global marketing automation industry report provides a detailed evaluation of the industry by highlighting information on different aspects which include drivers, restraints, growth opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

The global Marketing Automation Market size is anticipated to be valued USD 8.42 billion by 2027, as per a new report by Million Insights. It is estimated that the market would witness 9.8% CAGR over the forecast duration. Increasing focus by enterprises to retain their existing customers along with expanding their market reach is driving the market growth. In addition, marketing autonomous helps in automating different tasks such as social media, emails and website functions. Moreover, the advent of AI, data analytics and ML has further supplemented the growth of the market.

As per a survey, there were nearly 3.5 billion social media users and 3.9 billion email users. Email marketing remains to be an effective media for marketing where automation plays an important role. It involves sending solicit sales, advertisements, newsletters and donation request among others. Automation technologies help in generating leads along with successfully implementing marketing campaigns. Further, increasing penetration of social media and smart devices are also bolstering the market growth.

To download the sample pdf of Marketing Automation Market Report “Please” click here:

U.S. marketing automation market

Increasing automation in marketing technologies is estimated to offer a lucrative opportunity for the market players. Major technology players are emphasizing on acquiring smaller ones to strengthen their market position. It was revealed in a survey that nearly 50% of the organizations are using marketing automation. Further, over half of the B2B companies are aiming to implement market automation in the next few years.

Europe marketing automation market

To browse report summary & detailed TOC, “please” click the link below:

Further key findings from the report suggest:

• It is estimated that the reporting & analytics category would dominate the marketing automation market over the next few years. Increasing use of AI, ML and data analytics in marketing is the major factor driving the segment growth.

• In 2019, cloud deployment accounted for the largest share in the market, primarily because of flexibility and scalability offered by it.

• The SMEs sector is predicted to be the highest growing from 2020 to 2027.

• Asia Pacific, on account of the presence of major economies, is estimated to grow with the fastest pace over the forecast duration.

• Major market players are IBM Corporation, Marketo, Inc.,, Cognizant, Oracle Corporation and Adobe Inc. among others.

Million Insights has segmented the global marketing automation market based on solution, deployment, enterprise size, end use and region:

Marketing Automation Solution Outlook (Revenue, USD Million, 2016 – 2027)
    • Campaign Management
    • Email Marketing
    • Inbound Marketing
    • Mobile Applications
    • Lead Nurturing & Lead Scoring
    • Reporting & Analytics
    • Social Media Marketing
    • Others

Marketing Automation Deployment Outlook (Revenue, USD Million, 2016 – 2027)
    • On-premise
    • Cloud

Marketing Automation Enterprise Size Outlook (Revenue, USD Million, 2016 – 2027)
    • Large Enterprises
    • Small & Medium Enterprises

Marketing Automation End-use Outlook (Revenue, USD Million, 2016 – 2027)
    • BFSI
    • Retail
    • Healthcare
    • Telecom & IT
    • Discrete Manufacturing
    • Government & Education
    • Others

Marketing Automation Regional Outlook (Revenue, USD Million, 2016 – 2027)
    • North America
        • U.S.
        • Canada
    • Europe
        • U.K.
        • Germany
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
    • Middle East & Africa

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

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