Global Digital Marketing Analytics
Market Report
2024
Digital Marketing Analytic market size will be USD 4518.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 20.90% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Digital Marketing Analytic market size will be USD 4518.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 20.90% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Digital Marketing Analytics Market Sales Revenue 2024 | $ 4518.2 Million |
Global Digital Marketing Analytics Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.9% |
Asia Pacific Digital Marketing Analytics Market Sales Revenue 2024 | $ 1039.19 Million |
Asia Pacific Digital Marketing Analytics Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 22.9% |
South America Digital Marketing Analytics Market Sales Revenue 2024 | $ 225.91 Million |
South America Digital Marketing Analytics Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.3% |
Middle East and Africa Digital Marketing Analytics Market Sales Revenue 2024 | $ 90.36 Million |
Middle East and Africa Digital Marketing Analytics Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 20.6% |
North America Digital Marketing Analytics Market Sales Revenue 2024 | $ 1807.28 Million |
North America Digital Marketing Analytics Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.1% |
Europe Digital Marketing Analytics Market Sales Revenue 2024 | $ 1355.46 Million |
Europe Digital Marketing Analytics Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 19.4% |
Market Split by Solution |
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Market Split by Application |
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Market Split by Deployment |
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Market Split by Sectors |
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Market Split by End Users |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Digital Marketing Analytics Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Digital marketing analytics involves the measurement, analysis, and interpretation of data collected from various online marketing channels to evaluate the effectiveness of campaigns, understand consumer behavior, and optimize strategies. It encompasses tracking metrics like website traffic, engagement, conversions, and ROI to drive informed decision-making and improve performance. The growing digitalization of businesses and consumer activities, explosion of data, increasing focus on personalized marketing strategies, ROI measurement, the emergence of AI and Machine Learning, rise in omnichannel marketing strategies, rising focus on customer journey analysis, implementation of data privacy regulations, need for real-time insights, growth of mobile marketing and optimization of content marketing are the major factors influencing the growth of Digital Marketing Analytic Market.
For instance, in November 2020, Accenture joined End-to-End Analytics to impact the supply chain, trade promotion, pricing, and marketing positively using its strong portfolio of accelerators and assets.
(Source: https://newsroom.accenture.com/news/2020/accenture-to-acquire-end-to-end-analytics)
The Digital Marketing Analytics market is experiencing significant growth due to various strategies adopted by key players. These include investing in advanced analytics technologies such as artificial intelligence and machine learning, enhancing their product offerings with features like predictive analytics and real-time data visualization, expanding their global presence through partnerships and acquisitions, and focusing on customer-centric approaches to improve user experience and satisfaction. Overall, these strategies help companies stay competitive and meet the evolving needs of the market.
For instance, in May 2023, Mixpanel propounded the launch of marketing analytics. It enables brands to get insights into the channels that drive new user mergers through multi-touch attribution. It also helps brands increase their return on advertising spend by monitoring the performance of channels and campaigns. It allows brands to get their most valuable customer segments by finding demographic or behavioral cohorts.
(Source: https://mixpanel.com/blog/mixpanel-marketing-analytics/)
The digital marketing analytics market is experiencing growth due to the influence of social media. As social media platforms continue to gain more, businesses are relying on them to connect with customers, get brand awareness, and drive sales. Consequently, there's a growing need for advanced analytics tools to track social media performance, engagement metrics, customer sentiment, and ROI. These analytics provide invaluable insights that enable companies to refine their marketing strategies, optimize campaigns, and enhance overall effectiveness in leveraging social media platforms for business growth. Thus, the escalating importance of social media underscores the increasing demand for sophisticated digital marketing analytics solutions.
For instance, in 2020, McDonald's India North and East started a social media advertisement campaign, McGrillis Back, to capture a major revenue share in the Quick Service Restaurant market. It helped the company gain 24,000 posts on Twitter and more than 200 followers on Instagram.
The digital marketing analytics market faces a challenge due to a need for more skilled talent. This scarcity hampers the effective utilization of analytical tools and platforms, hindering businesses from extracting valuable insights to optimize their marketing strategies. With skilled personnel adept at interpreting and applying analytics, organizations can leverage data-driven decision-making processes effectively. Addressing this talent gap through training programs and educational initiatives is essential to unlock the full potential of digital marketing analytics and drive business growth in the digital landscape.
The Digital Marketing Analytics market faced challenges due to the COVID-19 pandemic. With traditional methods disrupted, companies relied more heavily on digital platforms to reach customers, intensifying the need for robust analytics solutions. This surge in demand led to accelerated innovation and adoption of advanced analytics tools, including AI and machine learning, to better understand evolving consumer behavior and optimize marketing strategies. Despite initial challenges such as budget constraints, the pandemic ultimately underscored the critical role of digital marketing analytics in navigating uncertainty and driving business growth, propelling the market forward with heightened relevance and importance.
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The companies offer comprehensive analytics solutions that cater to diverse business needs, including data visualization, customer journey tracking, and campaign performance measurement. Emerging players continuously innovate to gain market share, intensifying competition and driving technological advancements in the field.
In January 2022, Unbounce, the conversion intelligence platform, propounded the acquisition of LeadsRx, Inc., a software-as-a-service platform prominent in marketing analytics. With this acquisition, it aims to empower its small business clients by integrating advanced marketing attribution capabilities into its offerings
(Source:https://leadsrx.com/news/unbounce-acquires-us-based-marketing-analytics-platform-leadsrx/)
Top Companies Market Share in Digital Marketing Analytics Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the increasing adoption of advanced analytics solutions, rising digitalization across industries, and a growing emphasis on data-driven decision-making. The region benefits from a mature digital infrastructure, extensive internet penetration, and a tech-savvy consumer base, further propelling market growth. Additionally, the presence of major players in industries such as retail, e-commerce, and finance fuels the demand for sophisticated analytics tools to optimize marketing strategies and enhance customer engagement, contributing to the overall dynamism of the North American digital marketing analytics market.
Europe is the fastest-growing region due to the proliferation of digital platforms, increasing internet penetration, and the adoption of advanced analytics solutions by businesses. The demand for real-time data insights to optimize marketing strategies, enhance customer engagement, and improve ROI is fueling the market expansion across various industries, including retail, finance, healthcare, and automotive. Additionally, stringent data privacy regulations like GDPR are encouraging businesses to invest in compliant analytics solutions, further boosting market growth in the region.
The current report Scope analyzes Digital Marketing Analytics Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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According to Cognitive Market Research, the global Digital Marketing Analytic market size was estimated at USD 4518.2 Million, out of which Asia Pacific held the market of around 23% of the global revenue with market size of USD 1039.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 22.9% from 2024 to 2031 due to the exponential growth of internet users, increased adoption of smartphones, rising digitalization across industries, and the emergence of big data analytics. Additionally, the shift towards online shopping and e-commerce platforms further fuels the demand for analytics tools to understand consumer behavior and marketing strategies. With businesses increasingly prioritizing digital channels, the demand for robust analytics solutions in the Asia-Pacific region is poised for significant growth.
According to Cognitive Market Research, the global Digital Marketing Analytic market size was estimated at USD 4518.2 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 225.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.3% from 2024 to 2031 due to increasing internet penetration, expanding e-commerce activities, and rising demand for targeted advertising. Companies are leveraging analytics to optimize marketing strategies, enhance customer engagement, and improve ROI. Additionally, advancements in data analytics technologies and the adoption of cloud-based solutions are fueling market expansion. This trend is expected to continue as businesses in the region prioritize data-driven decision-making to stay competitive in the digital landscape.
According to Cognitive Market Research, the global Digital Marketing Analytic market size was estimated at USD 4518.2 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with market size of USD 90.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 20.6% from 2024 to 2031 due to increasing internet penetration, rapid adoption of digital technologies, and a growing focus on data-driven decision-making among businesses. Key drivers include the rise of e-commerce, the expansion of social media platforms, and the demand for personalized marketing strategies. Additionally, regulatory compliance and the need to measure marketing ROI are influencing market growth. Collectively, these factors foster a conducive environment for the expansion of digital marketing analytics solutions in the region.
According to Cognitive Market Research, the global Digital Marketing Analytic market size was estimated at USD 4518.2 Million, out of which North America held the major market of more than 40% of the global revenue with market size of USD 1807.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.1% from 2024 to 2031 due to the increasing adoption of digital technologies across various industries fuels the demand for analytics solutions to understand consumer behavior and optimize marketing strategies. Additionally, the influence of social media platforms and online advertising channels necessitates robust analytics tools to measure performance and ROI. Moreover, the growing emphasis on data-driven decision-making and personalized marketing further accelerates the adoption of digital marketing analytics solutions in the region.
Country Analysis
According to Cognitive Market Research, the global Digital Marketing Analytic market size was estimated at USD 4518.2 Million, out of which Europe held the major market of more than 30% of the global revenue with a market size of USD 1355.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 19.4% from 2024 to 2031 due to increasing internet penetration, proliferation of digital devices, and growing emphasis on data-driven decision-making. Additionally, rising demand for targeted advertising, personalized customer experiences, and the need to measure marketing ROI are driving adoption. Moreover, artificial intelligence and machine learning technologies further enhance analytical capabilities, driving market momentum across Europe.
Global Digital Marketing Analytics Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Digital Marketing Analytics Industry growth. Digital Marketing Analytics market has been segmented with the help of its Solution, Application Deployment, and others. Digital Marketing Analytics market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, digital marketing analytics software held the major market share over the forecast period. It encompasses platforms designed to track and analyze various digital marketing channels' performance, providing insights into user behavior, campaign effectiveness, and ROI.
Services are the fastest-growing category over the forecast period. It includes consultancy, implementation, training, and support offered by vendors or third-party providers to optimize the utilization and effectiveness of digital marketing analytics tools.
Digital Marketing Analytics Software Services
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According to Cognitive Market Research, social media marketing held the major market share over the forecast period. It focuses on tracking and analyzing metrics such as engagement, reach, and conversions across various social media platforms. It enables people to measure the effectiveness of their social media campaigns and optimize strategies accordingly.
Email marketing is the fastest-growing category over the forecast period. It involves monitoring metrics related to email campaigns, which include open rates and conversion rates. This analysis helps marketers understand subscriber behavior, tailor content, and improve campaign performance.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to Cognitive Market Research, on-premises held the major market share over the forecast period. It involves installing software on local servers, providing users with direct control over data management and security but requiring substantial infrastructure investment and maintenance.
Cloud-based is the fastest-growing category over the forecast period. It leverages remote servers accessed through the internet, offering scalability, flexibility, and potentially lower upfront costs while relying on third-party providers for maintenance and security.
According to Cognitive Market Research, retail held the major market share over the forecast period. Analytics focus on customer behavior, purchase patterns, and campaign effectiveness to optimize marketing strategies, enhance customer experiences, and drive sales.
Government is the fastest-growing category over the forecast period. Analytics primarily aim at citizen engagement, sentiment analysis, and campaign performance to improve public services, policymaking, and communication.
According to Cognitive Market Research, small & medium scale enterprises hold a prominent market share. It typically prioritizes cost-effective solutions that offer targeted insights to optimize its marketing strategies within limited budgets. They often seek user-friendly platforms with essential analytics capabilities tailored to their scale.
Large-scale enterprises are the fastest-growing category over the forecast period. There is a robust demand for scalable analytics solutions capable of handling extensive data volumes and providing sophisticated insights to support complex marketing campaigns.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Solution | Digital Marketing Analytics Software, Services |
Application | Social Media Marketing, Email Marketing, Content Marketing, SEO Marketing, Pay Per Click Marketing, Video Marketing, Display Marketing |
Deployment | On-Premises, Cloud-Based |
Sectors | Retail, Government, Manufacturing, Automotive |
End Users | Small & Medium Scale Enterprises, Large Scale Enterprises |
List of Competitors | Adobe Systems Inc., Pega-Systems, Teradata Corporation, HubSpot, Results, UAWC Agency, INGENIA AGENCY, Sherlock Communications, Punto Rojo, MiWeb, Digital Consulting Group, Way2net, Inside Digital |
This chapter will help you gain GLOBAL Market Analysis of Digital Marketing Analytics. Further deep in this chapter, you will be able to review Global Digital Marketing Analytics Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Digital Marketing Analytics Market Trends North America Digital Marketing Analytics Technological Road Map North America Digital Marketing Analytics Market Drivers North America Digital Marketing Analytics Market Restraints North America Digital Marketing Analytics Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
You can purchase only the Executive Summary South America Market (2019 vs 2024 vs 2031)
Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Solution Analysis 2019 -2031, will provide market size split by Solution. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Solution Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Deployment Analysis 2019 -2031
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Chapter 13 Market Split by Sectors Analysis 2019 -2031
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Chapter 14 Market Split by End Users Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Digital Marketing Analytics market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Digital Marketing Analytics Software have a significant impact on Digital Marketing Analytics market? |
What are the key factors affecting the Digital Marketing Analytics Software and Services of Digital Marketing Analytics Market? |
What is the CAGR/Growth Rate of Social Media Marketing during the forecast period? |
By type, which segment accounted for largest share of the global Digital Marketing Analytics Market? |
Which region is expected to dominate the global Digital Marketing Analytics Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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