Global US $ 2.53 Bn Email Marketing Software Market Outlook to 2028
The global Email Marketing Software Market Size is expected to rise with an impressive CAGR and generate the highest revenue by 2029. Fortune Business Insights™ in its latest report published this information. The report is titled "Email Marketing software market Size, Share and Trends Forecast". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period [2022 - 2029].
- Fortune Business Insights says that the market value stood at US $ 1.12 Billion in 2020
- By 2028, the Email Marketing Software Market size is expected to reach US $ 2.53 Billion
- The market is expected to grow at a CAGR of 10.7% in the forecast period (2021-2028).
- The growth rate of the Global Email Marketing Software Market is 10.7%, with an estimated value of US $ 2.53 Billion million by 2028.
Driving Factor:
Robust Demand for Personalized and Targeting Communication to Fuel Market Growth
Increased adoption of digital communication is likely to fuel the product's adoption and boost market progress. Targeting and personalized communication helps the companies to satisfy consumer's requirements and help provide effective services to consumers. Several business organizations utilize automated systems to boost their services and complement their marketing efforts. It provides excellent investment returns to marketers and enables them to carry out a profitable plan. For example, as per a survey conducted by the Hubspot Company Survey, email marketing software generated approximately USD 42 per dollar. Further, bulk emails help companies maintain client relationships and the incorporation of artificial intelligence (AI), cloud computing, and other technologies may boost efficiency. These factors are likely to drive the email marketing software market growth.
However, low email delivery rates and server issues are likely to hinder the progress of the market in the upcoming years.
Major companies in Email Marketing software market Report are:
- AWeber Communications (Pennsylvania, U.S.)
- com, Inc. (California, U.S.)
- Sendinblue (Paris, France)
- Campaign Monitor Pty Ltd. (Tennessee, U.S.)
- HubSpot, Inc. (Massachusetts, U.S.)
- Constant Contact, Inc. (Massachusetts, U.S.)
- Benchmark Internet Group (California, U.S.)
- ConvertKit LLC (Idaho, U.S.)
- Jivox Corporation (California, U.S.)
- j2 Global, Inc. (California, U.S.)
Pre-Post COVID-19 Impact on Global Email Marketing software market
COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.
In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Email Marketing software market, since end-user industries were still not operating at their full capacity.
Secondary Research:
This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global Email Marketing software market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.
Primary Research:
Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.
Estimation of Market Size
The total size of the Email Marketing software market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:
Extensive secondary research was used to identify the industry’s key players.
The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.
FAQ's:
1. How big is Email Marketing software market?
The global email marketing software market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 10.7% during the forecast period, to Reach USD 2.53 Billion by 2028, from USD 1.12 Billion in 2020
2. Who is the market leader in Email Marketing Software?
Major Points in Table of Content:
- Introduction
- Definition, By Segment
- Research Methodology/Approach
- Data Sources
- Key Takeaways
- Market Dynamics
- Macro and Micro Economic Indicators
- Drivers, Restraints, Opportunities and Trends
- Impact of COVID-19
- Short-term Impact
- Long-term Impact
- Competition Landscape
- Business Strategies Adopted by Key Players
- Consolidated SWOT Analysis of Key Players
- Global Market Share Analysis and Matrix, 2020
- Key Market Insights and Strategic Recommendations
- Profiles of Key Players
- Overview
- Key Management
- Headquarters etc.
- Offerings/Business Segments
- Key Details
- Employee Size
- Key Financials
- Past and Current Revenue
- Geographical Share
- Business Segment Share
- Recent Developments
- Annexure / Appendix
- Global Email Marketing software market Market Size Estimates and Forecasts (Quantitative Data), By Segments, 2018-2029
TOC Continued...!
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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