Marketing Attribution Software Market Share, Size, Trends, Industry Analysis Report, By Component (Services and Solution); By Attribution Type; By Deployment Type; By Industry Verticals; By Region; Segment Forecast, 2023 – 2032
The global marketing attribution software market size is expected to reach USD 15,318.89 million by 2032, according to a new study by Polaris Market Research. The report “Marketing Attribution Software Market Share, Size, Trends, Industry Analysis Report, By Component (Services and Solution); By Attribution Type; By Deployment Type; By industry Vertical; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The growing advancements in mobile devices and the emergence of various social platforms resulted in significant changes in consumer purchasing behavior and marketing and greater proliferation among businesses investing in innovated software being introduced by the key players to cater to the growing trend of individual marketing as to enhance the consumer experience, are among the prominent factors fostering the global market growth at a significant pace.
For instance, in August 2023, Marine Software, announced the launch of its two new powerful products including Connect and Ascend, that are likely to offer performance marketers unprecedented insights and various AI-powered tools to improve their overall results across difference performance marketing channels.
With the growing use of different types of marketing techniques by marketers all over the world to attract, keep, and engage their customers and rapid emergence of several forms of marketing technology in the recent years including analytics, search engine optimization, and content generation, the demand and adoption of advance marketing attribution software have increased drastically to better understand the marketing spend and earning potential from a particular campaign or channel.
Moreover, the exponential growth of e-commerce and online transactions worldwide has made it crucial for businesses to understand their customer entire purchasing journey, which could be done by attribution software that helps attribute conversions across online touchpoints, enhancing understanding and optimization of the path to purchase, which is likely to result in increased revenue opportunities for businesses and push the market growth forward.
Marketing Attribution Software Market Report Highlights
Services segment accounted for noteworthy share, on account of increased prevalence for software services that help companies meeting their specific needs
Multi-source segment held the substantial share, mainly attributable to their wide range of beneficial features and rising implementation of advanced technologies
Cloud-based segment will grow at highest growth rate, due to rising adoption of cloud-based solutions and its growing availability of these solutions worldwide
IT & telecom segment projected to hold largest share in the coming years, because of the exponential growth in telecom industry
North America dominated the global market, on account of region’s well-established and developed infrastructure and higher spending capacity
The key market players include Oracle Corporation, Marketing Attribution, Adobe, Google, SAP, and The Nielsen Company
Polaris Market Research has segmented the marketing attribution software market report based on component, attribution type, deployment type, industry vertical, and region:
Marketing Attribution Software, Component Outlook (Revenue - USD Million, 2019 - 2032)
Services
Solution
Marketing Attribution Software, Attribution Type Outlook (Revenue - USD Million, 2019 - 2032)
Single-Source
Probabilistic or Algorithmic
Multi-Source
Marketing Attribution Software, Deployment Type Outlook (Revenue - USD Million, 2019 - 2032)
Cloud
On-Premises
Marketing Attribution Software, Industry Vertical Outlook (Revenue - USD Million, 2019 - 2032)
Retail
Travel and Hospitality
Telecom and IT
BFSI
Healthcare
Consumer Electronics
Media and Entertainment
Others
Marketing Attribution Software, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa