Digital Marketing Market Size, Share, Analysis, Value, Trends and Industry Forecast 2022-2027
Global Digital Marketing Market Driven By Increasing Adoption Of Internet-Driven Gadgets In Forecast Period 2022-2027
30 NORTH GOULD STREET, WYOMING, USA, Aug. 18, 2022 /EINPresswire.com/ — A new report by Expert Market Research, Global Digital Marketing Market Size, Report and Forecast 2022-2027, provides detailed information. increase. It evaluates the market based on segments such as end use and key regions to analyze the global digital marketing market size.
This report tracks the latest developments in the industry and explores their impact on the overall market. It also assesses market dynamics covering key demand and price indicators and analyzes the market based on SWOT and Porter’s his five forces model.
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Key highlights of the report include:
Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 17.6%
The digital marketing market is driven by the increasing adoption of internet-driven electronic devices such as smartphones and tablets, encouraging businesses to promote their brands, products and services on social media, emails, websites, etc. doing. Increased investment by advertising agencies and fast-moving consumer goods companies towards digital marketing strategies to maximize potential customer reach is likely to drive the market growth during the forecast period.
In terms of region, Asia-Pacific holds a large share of the market due to its large population based in emerging countries such as India and China.
Industry definition and key segments
Digital marketing is defined as the practice of growing a consumer base by marketing products and services through digital channels and devices such as smartphones and laptops. Digital marketing also includes the process of reaching potential customers using content marketing, email, and social media. It also includes communication with customers via text or multimedia devices.
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Based on end use, the market can be segmented into:
Regional markets for digital marketing include:
• North America
• Asia Pacific
• latin america
• Middle East and Africa
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Key trends in the digital marketing market include technological advancements in digital infrastructure across the globe. This includes the advent of 5G backhaul technology and the availability of high-speed internet in the home via Wi-Fi.
The growing number of young social media users is likely to become an important trend in the market and is expected to inspire the social media marketing strategies of various companies. Additionally, digital marketing allows the BFSI sector to reach out to clients to disseminate information about fraud, confidential contracts and the launch of new schemes. This trend could increase the industry’s credibility and reliance on digital marketing.
major market players
Major players in the market are iProspect, Havas SA, Publicis Sapient, VML, LLC, RAPP Worldwide Inc. and others. The report covers market shares, production capacities, factory turnarounds, expansions, investments, mergers and acquisitions, among other latest developments for these market players.
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