Wednesday, March 22, 2023
  • About Us
  • Contact Us
KsaWeekly.com
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Middle East
  • Press Release
Submit a News Release
No Result
View All Result
KsaWeekly.com
Submit PR
Home Press Release

Marketing Cloud Platform Market Comprehensive Research Study and Strong Growth in Future 2027

Press Room by Press Room
November 22, 2022
in Press Release
Share on FacebookShare on Twitter


(EMAILWIRE.COM, November 22, 2022 ) the global Marketing Cloud Platform Market size is expected to grow from USD 11.7 billion in 2022 to USD 17.8 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 8.7% during the forecast period. A marketing cloud platform is essentially software that aids a business in keeping track of all the information regarding prospects and clients. Since the customer experience is a feature of the marketing cloud platform, contacts and accounts are at the center of the data collection procedure. In addition to phone numbers and email addresses, the marketing cloud platform offers contact management features that track every interaction a company has with contact as well as perform on the contact’s behalf.

Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=231475490

Top Key Players

Some of the major marketing cloud platform market vendors are Adobe (US), Salesforce (US), Oracle (US), Pegasystems (US), HubSpot (US), SAP (Germany), SAS (US), Redpoint Global (US), Cheetah Digital (US), Acoustic (US), Braze (US), Acquia (US), Cision (US), Insider (US), Sitecore (US), Resulticks (US), Fico (US), Selligent (Belgium), Zeta Global (US), and Algonomy (US)

As per verticals, the media, entertainment, and gaming segment to grow at the highest CAGR during the forecast period

The marketing cloud platform market is segmented into Banking, Financial Services, and Insurance (BFSI), IT & telecom, retail & eCommerce, healthcare & life sciences, education, travel & hospitality, media, entertainment, & gaming, and others. As per verticals, media, entertainment, and games segment is expected to grow at the highest CAGR of 10.7% during the forecast period. The media, entertainment, and gaming vertical has undergone a transformation to adapt its business processes and the way content is created, managed, and distributed with the development of the digital era. The emergence of digital marketing channels built on a search engine, social media, and video technology has enabled marketing cloud platform vendors in this vertical to discover new ways to engage and attract customers by sending personalized content.

Sales channel, marketing function is expected to grow at highest CAGR during the forecast period

The marketing cloud platform market by marketing function is segmented into advertising, branding, designing, sales channel, communications, and customer support. During the forecast period, the sales channel marketing function tends to grow at the highest CAGR of 11.3% as customers are increasingly using several channels to obtain their desired goods, such as customer portals, channel partner portals, guest checkout, marketplaces, and native mobile apps. Choosing the right sales channels is essential for a company since it significantly impacts the success or failure of the product and the enterprise. A marketing team may continuously communicate with potential customers over lengthy sales cycles to assist prospects ‘warm up’ for the sales team.

Get More Info @ https://www.marketsandmarkets.com/Market-Reports/marketing-cloud-market-231475490.html

A higher rate of technology adoption helped North America to capture the highest market share

North American countries such as the US and Canada have a strong economic landscape, huge IT budgets, high technology assimilation, and the early adoption of advanced technologies, such as AI, ML, cybersecurity, big data, data analytics, and blockchain, which are expected to boost the demand for marketing cloud platforms across North American enterprises. The COVID-19 pandemic has also increased marketing cloud adoption across all industries for US businesses. The pandemic has enhanced the importance of marketing cloud platform adoption due to the rising number of investments made to improve the platform to stay competitive, offer a better customer experience, enhance customer engagement, build the best customer journey, and boost sales and revenues.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.



Source link

Previous Post

Qatar World Cup helps FIFA earn record revenue of $7.5bn

Next Post

Dubai-Based Alfii Launches to Automate and Humanize People Operations for Overwhelmed HR Teams

RECOMMENDED NEWS

Digital Transformation Market Worth $3,294 Billion by 2025, Growing at a CAGR of 22.7% from 2019

Digital Transformation Market Worth $3,294 Billion by 2025, Growing at a CAGR of 22.7% from 2019

8 months ago

Healthcare IT Integration Market to hit 8.27 Bn. in 2029 at a CAGR of 9.5 percent Digitization, Technological Advancements and Returns on Investment

3 months ago

Saudi Aramco Entrepreneurship Center (Wa’ed) leads $50 million Series B round in Islamic fintech Wahed

9 months ago

Wahyd Expands Tech-Enabled Logistics Platform to UAE

3 months ago

BROWSE BY CATEGORIES

  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Release
  • Technology

POPULAR NEWS

  • ZainTech partners with LigaData to deliver data-driven digital services in MENA

    ZainTech partners with LigaData to deliver data-driven digital services in MENA

    0 shares
    Share 0 Tweet 0
  • تم إطلاق VOYAH FREE في أوروبا وتم افتتاح معرض VOYAH.

    0 shares
    Share 0 Tweet 0
  • Saudi Arabia’s NuqtahNFT and ConsenSys partner to empower Web 3 startups

    0 shares
    Share 0 Tweet 0
  • Vidliz Expands Its Data-Driven Online Marketing Services in the Middle East

    0 shares
    Share 0 Tweet 0
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years

    0 shares
    Share 0 Tweet 0

KSA Weekly™ publishes and aggregates business, socio-economic, Tech and industrial news on Saudi Arabia, Middle East and North Africa (MENA).

We provide press release distribution to media in the Kingdom of Saudi Arabia, the Arab world and the GCC/MENA regions. To send your press release, contact us today.

Recent News

Recent Posts
  • Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East
  • French-speaking Saudis host cultural night in Jeddah – Arab News
  • TCS named a Top Employer in the UAE, Saudi Arabia and South … – ITP.net
  • Olayan Saudi to open new rehab hospital in Riyadh – ZAWYA
  • Saudi Arabia, Türkiye Announce Engineering Automation Project for … – Asharq Al-awsat – English

Category

News

Business

Finance

Technology

Lifestyle

Middle East

Press Releases

Subscribe to Our Newsletter

    KSA Weekly ™ is part of GroupWeb Media Network. © 2023 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Middle East
    • Press Release

    © 2023 JNews - Premium WordPress news & magazine theme by Jegtheme.