PUBLISHER: Allied Market Research | PRODUCT CODE: 1193370
PUBLISHER: Allied Market Research | PRODUCT CODE: 1193370
The marketing attribution software is an analytical science of defining marketing tactics which contributes towards sales or conversions. Aiding to track the trends and patterns in user behavior to assure productive marketing. Furthermore, the software promotes to enhance the marketing expenditure and deliver positive outcome in respect to product discovery and improved personalization, such factors expected to provide the lucrative opportunities for the growth of market during the forecast period. Furthermore, advanced attribution models can be time and resource intensive to get right, especially complex models that evaluate a variety of datasets for online and offline campaigns. Furthermore, effective marketing attribution software enables marketers to reach the right consumer, at the right time, with the right message, leading to increased conversions and higher marketing ROI. Attribution models that can evaluate the creative elements of a campaign allow marketers to hone messaging and visual elements in addition to better communicate with users. Such benefits provide the lucrative growth opportunities for the market. Furthermore, the marketing attribution software provides businesses with flexibility and scalability to enable a smooth integration of marketing operation, which ultimately support the market growth.
Factors such as industries move towards digitalization due to COVID-19 outbreak, thus drive the growth of the market. In addition, rising adoption of cloud-based marketing attribution solutions, strengthens the growth of the market for future. Furthermore, increasing adoption of marketing platform and rising adoption of artificial intelligence (AI) and big data are expected to provide the lucrative growth opportunities for the market in the upcoming years. However, data security & privacy concerns hamper the market growth.
The marketing attribution software market is segmented into component, deployment mode, type enterprise size, industry vertical, and region. By component, it is bifurcated into solution and services. On the basis of deployment model, it is segregated into cloud and on-premise. By type, it is categorized into single-source attribution, multi-source attribution and probabilistic or algorithmic attribution. By organization size, it is categorized into large enterprises and small & medium-sized enterprises. Depending on industry vertical, it is segregated into IT & telecom, consumer goods & retail, BFSI, media & entertainment, healthcare, travel & hospitality, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the Marketing attribution software market, include Adobe Inc., Alphabet Inc., Hubspot, Inc., Merkle Inc., Oracle Corporation, Ruler Analytics Ltd., SAP SE, The Nielsen Company, Windsor.ai and Wizaly SAS. These major players have adopted various key development strategies such as business expansion, new product launches, and partnerships, which help to drive the growth of the marketing attribution software market globally.
By Type
By Organization Size
By Industry Vertical
By Component
By Deployment Mode
By Region