Email Marketing
The Email Marketing Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Email Marketing Market Size During the Forecast Period?
The email marketing market will grow from $9.34 billion in 2024 to $10.84 billion in 2025, showing a CAGR of 16.1%. This growth is linked to personalized marketing demand, more internet users, widespread adoption of digital marketing tools, improved network tech, and mobile engagement.
The email marketing market is expected to see rapid growth, projected to reach $19.43 billion by 2029, at a compound annual growth rate (CAGR) of 15.7%. The growth is driven by the demand for new technologies and infrastructure, an increasing use of email-based marketing, the need for personalized content, optimization of marketing efforts, and the growing presence of email ad businesses for small and medium-sized businesses. Key trends include technological advancements, expanding digitalization, the introduction of groundbreaking innovations, strategic partnerships to expand business portfolios, and strategic mergers and acquisitions.
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What Are the High-Growth Segments in the Email Marketing Market?
The email marketing market covered in this report is segmented –
1) By Component: Software, Services
2) By Deployment: On-Premise, On Cloud
3) By Solution: Email Campaign Software, Marketing Automation Platform, Customer Relationship Management (CRM) Email Marketing Software, Lead Generation Tools, Other Solutions
4) By Enterprise: Small And Medium-Sized Enterprises (SMEs), Large Enterprise
5) By End-Users: Retail Or E-Commerce, Information Technology And Telecom, Travel And Leisure, Print Or Publishing, Banking, Financial Services, And Insurance (BFSI), Other End-Users
Subsegments:
1) By Software: Email Campaign Management Software, Email Automation Software, Email Design And Template Software, Analytics and Reporting Software, Deliverability Software, List Management Software, A Or B Testing Software
2) By Services: Email Marketing Strategy Consulting, Email Campaign Management Services, Email List Management Services, Email Template Design Services, Email Analytics And Reporting Services, Email Deliverability Services
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What Key Drivers Are Expected to Influence Future Email Marketing Market Growth?
The growing number of internet users is expected to propel the growth of the email marketing market. Internet users are individuals who actively engage with the web for various activities, including browsing, online transactions, and communication. Factors like smartphone usage, digital inclusion initiatives, remote work, online learning, and the expansion of 5G networks contribute to the increase in internet users. This surge in internet usage creates a larger potential audience for email marketing, fueling its growth. For example, the International Telecommunication Union reported that the global number of internet users grew from 5.1 billion in 2022 to 5.4 billion in 2023. Therefore, the growing number of internet users is expected to drive the email marketing market’s expansion.
Which Companies Hold the Largest Share Across Different Email Marketing Market Segments?
Major companies operating in the email marketing market are International Business Machines Corporation, Salesforce Inc., Adobe Inc., Intuit Inc., HubSpot Inc., Ziff Davis Inc., Marigold Engage, Zoho Corporation Pvt. Ltd., Constant Contact Inc., Brevo, GetResponse, ActiveCampaign LLC, Alchemy Worx Inc., Benchmark Internet Group LLC, ConvertKit LLC, Campaign Monitor Pty Ltd., AWeber Communications Inc., CIENCE Technologies Inc., Pinpointe On-Demand Inc., Inbox Army LLC, Mailbutler GmbH, Cleartail Marketing
What Are the Major Trends Shaping the Email Marketing Market?
Leading companies in the realm of email marketing are sharpening their focus on developing cutting-edge technologies, including generative AI tools for email marketing, with the goal of enhancing personalization, upgrading content creation, and heightening the effectiveness of overall campaigns. These tools are essentially software applications that exploit generative AI technology to help marketers craft, fine-tune, and tailor-make email marketing content. A case in point is the April 2023 launch by US-based software firm, Intuit Inc., of their Email Content Generator. This generative AI tool, designed for email marketing purposes, relies heavily on generative pre-trained transformer (GPT) AI technology. The tool was conceived to streamline the task of composing marketing emails for companies, giving them the capacity to fashion campaigns according to their industry, marketing goals, and distinctive brand voice. With features powered by AI, such as the email content generator, this advancement is a testament to the company’s ongoing commitment to transforming email marketing for small and medium-sized enterprises.
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What Are the Emerging Geographies for The Email Marketing Market Growth?
North America was the largest region in the email marketing market in 2023. The regions covered in the email marketing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Email Marketing Market?
2. What is the CAGR expected in the Email Marketing Market?
3. What Are the Key Innovations Transforming the Email Marketing Industry?
4. Which Region Is Leading the Email Marketing Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
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