Global Digital Marketing Market Driven by Growth

digital marketing market

A new report titled “Global Digital Marketing Market Report and Forecast 2022-2027” by Expert Market Research evaluates the market based on segments such as end use and key regions, providing an in-depth analysis of the global digital marketing market size To do.

This report tracks the latest developments in the industry and explores their impact on the overall market. It also assesses market dynamics, covers key demand and price indicators, and analyzes the market based on SWOT and Porter’s 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 regions, Asia-Pacific holds a large share of the market due to the presence of a large population based in emerging economies 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.

Explore the full report in the table of contents @ https://www.expertmarketresearch.com/reports/digital-marketing-market

Based on end use, the market can be segmented into:

BFSI
• Pharmaceuticals
• Retail
• other

Regional markets for digital marketing include:

• North America
• Europe
• Asia Pacific
• latin america
• Middle East and Africa

Market trend

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 give impetus to the social media marketing strategies of various companies.

Additionally, digital marketing allows the BFSI department to contact clients to disseminate information about fraud, confidential contracts, and the launch of new schemes. This trend is likely to increase the industry’s credibility and reliance on digital marketing.

major market players

Major players in the market are:

iProspect
havasu media
Publicis Sapient
VML, LLC
wrap
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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Global Digital Marketing Market Driven by Growth