2024-2033 Global Marketing Technology Market Outlook: Projected Size and Growth Rate
Save up to 30% on The Business Research Company’s comprehensive market research reports for a limited time only!
What is the Expected Growth Rate of the Marketing Technology Market from 2024 to 2033?
The marketing technology market has grown exponentially, projected to increase from $403.18 billion in 2023 to $488.57 billion in 2024, reflecting a CAGR of 21.2%. This growth is driven by digital transformation, the rise of social media, automation and personalization, customer relationship management, and the expansion of digital marketing.
The marketing technology market is expected to see exponential growth, reaching $1,057.07 billion by 2028, at a CAGR of 21.3%. Growth factors include e-commerce expansion, mobile marketing, cloud computing adoption, metaverse marketing, and omnichannel automation. Key trends include martech stack consolidation, sustainability and ethical marketing, conversational marketing, and the integration of voice and visual search technologies.
Claim Your Free Sample of the Global Marketing Technology Market Report Today!
https://www.thebusinessresearchcompany.com/sample.aspx?id=12954&type=smp
The adoption of digital marketing is projected to support growth in the marketing technology market, which leverages digital platforms to reach and engage audiences effectively. A 2022 report from Ranktracker highlighted a 14% increase in digital marketing expenditures in 2020-2021, with the sector expected to grow by 9% annually. Additionally, Oracle Corporation estimates global digital ad spending will increase from $378 billion in 2020 to $646 billion by 2024, further driving growth in the marketing technology market.
1) By Product: Social Media Tools, Content Marketing Tools, Rich Media Tool, Automation Tool, Data And Analytics Tools, Sales Enablement Tools
2) By Deployment: On-Premise, Cloud
3) By Application: Information Technology And Telecommunication, Retail And E-commerce, Healthcare, Media And Entertainment, Sports And Events, Banking Financial Services And Insurance (BFSI), Real Estate, Other Applications
Companies in the marketing technology market are focusing on the development of AI-powered tools to drive organizational growth. For instance, in March 2023, Microsoft Corporation, a US-based technology company, launched Dynamics 365 Copilot, an AI-powered assistant designed to help marketers and customer representatives. Copilot utilizes Microsoft’s GPT-3 language model to assist with content generation, campaign optimization, and client communications, boosting productivity across various organizational functions.
Order Now for Fast Delivery of Your Marketing Technology Market Report!
https://www.thebusinessresearchcompany.com/report/marketing-technology-global-market-report
North America was the largest region in the torque vectoring market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the torque vectoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Marketing Technology Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the marketing technology market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Marketing Technology Market Include
1. Marketing Technology Market Executive Summary
2. Marketing Technology Market Segments
3. Marketing Technology Market Size And Template Market Growth Rate
4. Key Marketing Technology Market Trends
5. Major Marketing Technology Market Drivers
……
25. Key Mergers And Acquisitions In The Marketing Technology Market
26. Top Marketing Technology Companies
27. Marketing Technology Market Opportunities And Strategies
28. Marketing Technology Market, Conclusions And Recommendations
29. Appendix
Discover Related Reports by The Business Research Company:
Marketing Research And Analysis Services Global Market Report 2024
Artificial Intelligence In Global Market Report 2024
Digital Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/digital-marketing-software-global-market-report
Learn More About The Business Research Company
The Business Research Company has published over 15000+ reports in 27 industries, spanning 60+ geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
