The marketing automation software market size in the Middle East and Africa (MEA) is anticipated to be worth USD 0.65 billion by 2029 from USD 0.38 billion in 2024, growing at a CAGR of 11.31% from 2024 to 2029.
Marketing automation software is a solution that makes it easy for marketers to handle repetitive marketing tasks such as social media posting, replying to emails, and managing mobile marketing. It also helps companies identify customer data transactions and multi-channel behavior. Marketing automation software also provides real-time customer information and broadens the customer base. As marketing automation software becomes increasingly essential for B2B and B2C companies for lead generation and customer retention, the market for marketing automation software in the Middle East and Africa is becoming extremely competitive. This is complemented by the arrival of new providers, which translates into lower software prices. Many vendors even offer software tailored to the needs of a particular organization.
Now, among different companies, small and medium-sized enterprises (SMEs) are expected to grow faster in the MEA marketing automation software market during the forecast period, due to improving business conditions and the growing interest in improving productivity. SMEs are investing more in digital solutions to simplify and automate all their marketing activities. Seeing this, IT companies such as Pardot LLC and HubSpot Inc. have launched marketing automation software designed specifically for SMBs.
Automation aims to increase efficiency while optimizing your organization's resources, time, and costs. Automation helps marketers respond to a variety of activities, such as customer communication, content planning, social media management, lead promotion, market research, and analytics, which can help organizations to increase sales in the future. It also helps to identify each customer's options and suggests these products using background AI and ML algorithms.
Growing demand for digital marketing drives market growth in the MEA marketing automation software market. Marketers strategically dedicate marketing automation tools and solutions to embracing the latest digital marketing trends to keep businesses up to date with the latest technology disruptions. From social media marketing to SEO to content marketing, marketers make significant investments to support and drive your sales. The Cross-Channel Campaign Management category is estimated to generate the highest revenue in 2018 due to the growing need for software that can help businesses in data analysis and management as well as tools to design, execute and manage digital marketing campaigns and offline. Since social media marketing is a high priority for entertainment and marketing providers to maintain automated fanbase engagement, the need for software capable of handling multiple social media platforms on the hour stimulates industry demand.
The MEA marketing automation software market is driven by the increasing adoption of this software in numerous verticals. This software helps to streamline all operations and workflows to improve revenue share and attract a huge customer base. The rise of digital initiatives in emerging economies has increased the adoption of business-to-business (B2B) and business-to-business (B2C) business models. Marketing automation software plays a crucial role in generating effective solutions to target customer bases in all types of markets by implementing effective marketing campaigns.
Security and privacy-related issues and the easy availability of open source automation software on the internet are restricting the expansion of the MEA marketing automation software market.
This research report on the Middle East and Africa marketing automation software market has been segmented and sub-segmented into the following categories.
Middle East and Africa Marketing Automation Software Market - By Deployment:
Middle East and Africa Marketing Automation Software Market - By Application:
Middle East and Africa Marketing Automation Software Market - By Organization Size:
Middle East and Africa Marketing Automation Software Market - By Vertical:
Middle East and Africa Marketing Automation Software Market – By Country:
Regionally, Turkey is currently the market leader in the MEA marketing automation software market, and its dominance is not expected to be questioned during the forecast period. Besides the growth of digital marketing, the rising adoption of such software in the national e-commerce industry is also expected to contribute to business growth. The value of the e-commerce industry in the country grew to $ 11.7 billion in 2017 with a CAGR of over 12.0%, mainly due to the increasing use of smartphones. E-commerce companies are striving to take advantage of the growing use of smartphones for lead generation.
KEY MARKET PLAYERS:
Act-On Software Inc., Cognizant Technology Solutions Corporation, Teradata Corporation, Infusionsoft Inc., Oracle Corporation, Netcore Solutions Pvt.Ltd., Adobe Systems Incorporated, International Business Machines (IBM) Corporation, HubSpot Inc., Salesforce.com Inc., SAP SE, SAS Institute Inc., and Liana Technologies are the major players in the MEA Marketing Automation Software Market.
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