The AI marketing tool market under FMI published a new report stating the current valuation of the market is US$ 4.9 billion in 2024. Over the time span of ten years, the market spiked to a valuation of US$ 16.23 billion by 2034. The new report suggests a CAGR of 12.60% from 2024 to 2034, showing consistent market growth.
Attributes | Details |
---|---|
AI Marketing Tool Market Value for 2024 | US$ 4.9 billion |
AI Marketing Tool Market Value for 2034 | US$ 16.23 billion |
AI Marketing Tool Market Forecast CAGR for 2024 to 2034 | 12.6% |
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In 2019, the global AI marketing Tool market showed a potential worth of US$ 2.8 billion, according to a report from Future Market Insights (FMI). The AI marketing Tool market witnessed significant growth, registering a CAGR of 11.8% from 2019 to 2023.
Historical CAGR | 11.8% |
---|---|
Forecast CAGR | 12.6% |
The boom in adopting AI-driven solutions within the marketing domain enables businesses to strengthen their targeting, personalization, and overall efficiency in customer engagement.
The market ascent underscored the push in recognition among enterprises of the strategic importance of leveraging AI technologies to optimize marketing efforts, capitalize on data insights, and stay competitive in an evolving digital landscape.
The upward trend reflects a continued boom in demand for AI marketing Tool as businesses seek to leverage advanced analytics, machine learning algorithms, and automation to streamline marketing operations and drive better outcomes.
Factors such as a boost in digitalization, the proliferation of data sources, and the quest for enhanced customer experiences are expected to fuel further adoption of AI-powered solutions across diverse industries.
The below section shows the leading segment. Based on the tool type, the CRM software segment is accounted to hold a market share of 28.8% in 2024. Based on deployment type, the cloud-based segment is accounted to hold a market share of 60.30% in 2024.
The ability to provide businesses with enhanced customer insights and enable personalized interactions is one major reason for pushing the CRM software segment.
Cloud-based solutions offer businesses the flexibility to scale their CRM infrastructure up or down based on changing business needs without the constraints of physical hardware limitations.
Category | Market Share in 2024 |
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CRM Software | 28.8% |
Cloud-based | 60.3% |
Based on tool type, the CRM software sector is accounted to hold a market share of 28.8% in 2024. CRM software is important in managing customer relationships and offers functionalities like customer data management, lead generation, and sales automation.
With businesses prioritizing customer-centric strategies, the demand for CRM software integrated with AI capabilities is boosting, enabling personalized interactions and targeted marketing campaigns for enhancing customer engagement.
Based on deployment, the cloud-based sector is accounted to hold a market share of 60.3% in 2024. Cloud-based AI marketing Tool offer several advantages over on-premises solutions, inclusive of scalability, flexibility, and cost-effectiveness.
Organizations prefer cloud-based deployments for their ability to access AI marketing functionalities remotely, which facilitates collaboration among distributed teams and seamlessly integrates with other cloud-based applications and services.
Cloud-based deployments help eliminate the need for upfront infrastructure investments and maintenance costs, making them an attractive choice for businesses of all sizes seeking to leverage AI marketing Tool to achieve their strategic objectives.
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The table mentions the top five countries ranked by revenue, with India holding the top position. Australia and New Zealand dominate the AI marketing Tool market by emphasizing customer-centric strategies, digital transformation initiatives, and innovation.
Leveraging AI for customer segmentation, personalization, and predictive analytics, businesses in these countries push customer engagement, loyalty, and competitiveness in the global market landscape.
Forecast CAGRs from 2024 to 2034
Countries | CAGR through 2034 |
---|---|
United States | 9.5% |
Germany | 4.1% |
Japan | 5.4% |
China | 13.1% |
Australia and New Zealand | 16.1% |
With a highly competitive market landscape and a digitally savvy consumer base, United States companies rely on AI-powered solutions to gain a competitive edge, drive customer engagement, and maximize marketing ROI.
The United States boasts a robust ecosystem of AI technology providers, research institutions, and startups, contributing to innovation and advancements in AI marketing Tool.
In Germany, the utilization of AI marketing Tool is characterized by a focus on data privacy, compliance with regulations such as the GDPR, and an emphasis on transparency in customer interactions.
The businesses leverage AI marketing Tool for customer relationship management, lead generation, and content personalization while prioritizing data security and the ethical use of AI technologies.
With a strong industrial base and a tradition of engineering excellence, companies seek AI marketing solutions that integrate seamlessly with existing systems and processes, driving efficiency and effectiveness in marketing campaigns.
Adopting AI marketing Tool is steered by a desire to enhance customer experiences, boost operational efficiency, and gain insights from data analytics. Businesses in Japan leverage AI marketing Tool for customer segmentation, recommendation engines, chatbots, and sentiment analysis to better understand and engage with customers across multiple channels.
With a focus on innovation and technology adoption, companies in Japan embrace AI-powered solutions to stay competitive in a rapidly evolving market landscape while prioritizing cultural nuances and local preferences in their marketing strategies.
The AI marketing Tool market in China is characterized by rapid growth and innovation fueled by the thriving digital economy and extensive use of mobile and e-commerce platforms in the country.
With vast consumer data and a highly competitive market environment, companies rely on AI-powered solutions to optimize marketing strategies, propel customer engagement, and capitalize on emerging trends and opportunities in the digital marketplace.
In Australia and New Zealand, adopting AI marketing Tool is driven by a focus on customer-centric strategies, digital transformation initiatives, and a growing demand for personalized experiences.
Companies in Australia and New Zealand seek AI-powered solutions that integrate seamlessly with their existing marketing stack while adhering to data privacy regulations and ethical considerations.
Startups like HubSpot, Marketo, and Sprinklr bring agile solutions tailored to modern marketing needs. Tech giants like Google and Facebook dominate AI-driven advertising platforms.
The AI marketing Tool market is dynamic and diverse, featuring a mix of established players, innovative startups, and technology giants. Leading companies such as Adobe, Salesforce, IBM, and Oracle offer comprehensive AI-powered marketing suites, while niche players specialize in specific functionalities like predictive analytics or chatbots.
Some of the key developments
Attributes | Details |
---|---|
Estimated Market Size in 2024 | US$ 4.9 billion |
Projected Market Valuation in 2034 | US$ 16.23 billion |
Value-based CAGR 2024 to 2034 | 12.60% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in US$ billion |
Key Regions Covered |
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Key Market Segments Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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As of 2024, the market for AI marketing Tool is expected to be valued at US$ 4.9 billion.
The AI marketing Tool market is projected to expand at a CAGR of 12.6% between 2024 and 2034.
The CRM software segment is projected to dominate the industry.
By 2034, the market value of AI marketing Tool is expected to reach US$ 16.23 billion.
China is likely the top-performing market, with a CAGR of 13.1%.
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 4.1. Historical Market Size Value (US$ Million) Analysis, 2019 to 2023 4.2. Current and Future Market Size Value (US$ Million) Projections, 2024 to 2034 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Tool Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Tool Type, 2019 to 2023 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Tool Type, 2024 to 2034 5.3.1. CRM Software 5.3.2. Email Marketing 5.3.3. Social Media 5.3.4. Search Marketing 5.3.5. Content Management 5.3.6. Marketing Automation 5.3.7. Campaign Management 5.3.8. Others 5.4. Y-o-Y Growth Trend Analysis By Tool Type, 2019 to 2023 5.5. Absolute $ Opportunity Analysis By Tool Type, 2024 to 2034 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Deployment 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Deployment, 2019 to 2023 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Deployment, 2024 to 2034 6.3.1. Cloud 6.3.2. On-Premises 6.4. Y-o-Y Growth Trend Analysis By Deployment, 2019 to 2023 6.5. Absolute $ Opportunity Analysis By Deployment, 2024 to 2034 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 7.1. Introduction 7.2. Historical Market Size Value (US$ Million) Analysis By Region, 2019 to 2023 7.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2024 to 2034 7.3.1. North America 7.3.2. Latin America 7.3.3. Western Europe 7.3.4. Eastern Europe 7.3.5. South Asia and Pacific 7.3.6. East Asia 7.3.7. Middle East and Africa 7.4. Market Attractiveness Analysis By Region 8. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 8.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 8.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 8.2.1. By Country 8.2.1.1. USA 8.2.1.2. Canada 8.2.2. By Tool Type 8.2.3. By Deployment 8.3. Market Attractiveness Analysis 8.3.1. By Country 8.3.2. By Tool Type 8.3.3. By Deployment 8.4. Key Takeaways 9. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 9.2.1. By Country 9.2.1.1. Brazil 9.2.1.2. Mexico 9.2.1.3. Rest of Latin America 9.2.2. By Tool Type 9.2.3. By Deployment 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Tool Type 9.3.3. By Deployment 9.4. Key Takeaways 10. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 10.2.1. By Country 10.2.1.1. Germany 10.2.1.2. UK 10.2.1.3. France 10.2.1.4. Spain 10.2.1.5. Italy 10.2.1.6. Rest of Western Europe 10.2.2. By Tool Type 10.2.3. By Deployment 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Tool Type 10.3.3. By Deployment 10.4. Key Takeaways 11. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 11.2.1. By Country 11.2.1.1. Poland 11.2.1.2. Russia 11.2.1.3. Czech Republic 11.2.1.4. Romania 11.2.1.5. Rest of Eastern Europe 11.2.2. By Tool Type 11.2.3. By Deployment 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Tool Type 11.3.3. By Deployment 11.4. Key Takeaways 12. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Bangladesh 12.2.1.3. Australia 12.2.1.4. New Zealand 12.2.1.5. Rest of South Asia and Pacific 12.2.2. By Tool Type 12.2.3. By Deployment 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Tool Type 12.3.3. By Deployment 12.4. Key Takeaways 13. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Tool Type 13.2.3. By Deployment 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Tool Type 13.3.3. By Deployment 13.4. Key Takeaways 14. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2019 to 2023 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2024 to 2034 14.2.1. By Country 14.2.1.1. GCC Countries 14.2.1.2. South Africa 14.2.1.3. Israel 14.2.1.4. Rest of MEA 14.2.2. By Tool Type 14.2.3. By Deployment 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Tool Type 14.3.3. By Deployment 14.4. Key Takeaways 15. Key Countries Market Analysis 15.1. USA 15.1.1. Pricing Analysis 15.1.2. Market Share Analysis, 2023 15.1.2.1. By Tool Type 15.1.2.2. By Deployment 15.2. Canada 15.2.1. Pricing Analysis 15.2.2. Market Share Analysis, 2023 15.2.2.1. By Tool Type 15.2.2.2. By Deployment 15.3. Brazil 15.3.1. Pricing Analysis 15.3.2. Market Share Analysis, 2023 15.3.2.1. By Tool Type 15.3.2.2. By Deployment 15.4. Mexico 15.4.1. Pricing Analysis 15.4.2. Market Share Analysis, 2023 15.4.2.1. By Tool Type 15.4.2.2. By Deployment 15.5. Germany 15.5.1. Pricing Analysis 15.5.2. Market Share Analysis, 2023 15.5.2.1. By Tool Type 15.5.2.2. By Deployment 15.6. UK 15.6.1. Pricing Analysis 15.6.2. Market Share Analysis, 2023 15.6.2.1. By Tool Type 15.6.2.2. By Deployment 15.7. France 15.7.1. Pricing Analysis 15.7.2. Market Share Analysis, 2023 15.7.2.1. By Tool Type 15.7.2.2. By Deployment 15.8. Spain 15.8.1. Pricing Analysis 15.8.2. Market Share Analysis, 2023 15.8.2.1. By Tool Type 15.8.2.2. By Deployment 15.9. Italy 15.9.1. Pricing Analysis 15.9.2. Market Share Analysis, 2023 15.9.2.1. By Tool Type 15.9.2.2. By Deployment 15.10. Poland 15.10.1. Pricing Analysis 15.10.2. Market Share Analysis, 2023 15.10.2.1. By Tool Type 15.10.2.2. By Deployment 15.11. Russia 15.11.1. Pricing Analysis 15.11.2. Market Share Analysis, 2023 15.11.2.1. By Tool Type 15.11.2.2. By Deployment 15.12. Czech Republic 15.12.1. Pricing Analysis 15.12.2. Market Share Analysis, 2023 15.12.2.1. By Tool Type 15.12.2.2. By Deployment 15.13. Romania 15.13.1. Pricing Analysis 15.13.2. Market Share Analysis, 2023 15.13.2.1. By Tool Type 15.13.2.2. By Deployment 15.14. India 15.14.1. Pricing Analysis 15.14.2. Market Share Analysis, 2023 15.14.2.1. By Tool Type 15.14.2.2. By Deployment 15.15. Bangladesh 15.15.1. Pricing Analysis 15.15.2. Market Share Analysis, 2023 15.15.2.1. By Tool Type 15.15.2.2. By Deployment 15.16. Australia 15.16.1. Pricing Analysis 15.16.2. Market Share Analysis, 2023 15.16.2.1. By Tool Type 15.16.2.2. By Deployment 15.17. New Zealand 15.17.1. Pricing Analysis 15.17.2. Market Share Analysis, 2023 15.17.2.1. By Tool Type 15.17.2.2. By Deployment 15.18. China 15.18.1. Pricing Analysis 15.18.2. Market Share Analysis, 2023 15.18.2.1. By Tool Type 15.18.2.2. By Deployment 15.19. Japan 15.19.1. Pricing Analysis 15.19.2. Market Share Analysis, 2023 15.19.2.1. By Tool Type 15.19.2.2. By Deployment 15.20. South Korea 15.20.1. Pricing Analysis 15.20.2. Market Share Analysis, 2023 15.20.2.1. By Tool Type 15.20.2.2. By Deployment 15.21. GCC Countries 15.21.1. Pricing Analysis 15.21.2. Market Share Analysis, 2023 15.21.2.1. By Tool Type 15.21.2.2. By Deployment 15.22. South Africa 15.22.1. Pricing Analysis 15.22.2. Market Share Analysis, 2023 15.22.2.1. By Tool Type 15.22.2.2. By Deployment 15.23. Israel 15.23.1. Pricing Analysis 15.23.2. Market Share Analysis, 2023 15.23.2.1. By Tool Type 15.23.2.2. By Deployment 16. Market Structure Analysis 16.1. Competition Dashboard 16.2. Competition Benchmarking 16.3. Market Share Analysis of Top Players 16.3.1. By Regional 16.3.2. By Tool Type 16.3.3. By Deployment 17. Competition Analysis 17.1. Competition Deep Dive 17.1.1. Hootsuite 17.1.1.1. Overview 17.1.1.2. Product Portfolio 17.1.1.3. Profitability by Market Segments 17.1.1.4. Sales Footprint 17.1.1.5. Strategy Overview 17.1.1.5.1. Marketing Strategy 17.1.2. Copy.ai 17.1.2.1. Overview 17.1.2.2. Product Portfolio 17.1.2.3. Profitability by Market Segments 17.1.2.4. Sales Footprint 17.1.2.5. Strategy Overview 17.1.2.5.1. Marketing Strategy 17.1.3. JasperAI 17.1.3.1. Overview 17.1.3.2. Product Portfolio 17.1.3.3. Profitability by Market Segments 17.1.3.4. Sales Footprint 17.1.3.5. Strategy Overview 17.1.3.5.1. Marketing Strategy 17.1.4. Midjourney 17.1.4.1. Overview 17.1.4.2. Product Portfolio 17.1.4.3. Profitability by Market Segments 17.1.4.4. Sales Footprint 17.1.4.5. Strategy Overview 17.1.4.5.1. Marketing Strategy 17.1.5. Podcastle 17.1.5.1. Overview 17.1.5.2. Product Portfolio 17.1.5.3. Profitability by Market Segments 17.1.5.4. Sales Footprint 17.1.5.5. Strategy Overview 17.1.5.5.1. Marketing Strategy 17.1.6. Quillbot 17.1.6.1. Overview 17.1.6.2. Product Portfolio 17.1.6.3. Profitability by Market Segments 17.1.6.4. Sales Footprint 17.1.6.5. Strategy Overview 17.1.6.5.1. Marketing Strategy 17.1.7. Magic Studio 17.1.7.1. Overview 17.1.7.2. Product Portfolio 17.1.7.3. Profitability by Market Segments 17.1.7.4. Sales Footprint 17.1.7.5. Strategy Overview 17.1.7.5.1. Marketing Strategy 17.1.8. DeepBrain AI Studios 17.1.8.1. Overview 17.1.8.2. Product Portfolio 17.1.8.3. Profitability by Market Segments 17.1.8.4. Sales Footprint 17.1.8.5. Strategy Overview 17.1.8.5.1. Marketing Strategy 17.1.9. Albert.ai 17.1.9.1. Overview 17.1.9.2. Product Portfolio 17.1.9.3. Profitability by Market Segments 17.1.9.4. Sales Footprint 17.1.9.5. Strategy Overview 17.1.9.5.1. Marketing Strategy 17.1.10. Wordstream 17.1.10.1. Overview 17.1.10.2. Product Portfolio 17.1.10.3. Profitability by Market Segments 17.1.10.4. Sales Footprint 17.1.10.5. Strategy Overview 17.1.10.5.1. Marketing Strategy 17.1.11. Skai 17.1.11.1. Overview 17.1.11.2. Product Portfolio 17.1.11.3. Profitability by Market Segments 17.1.11.4. Sales Footprint 17.1.11.5. Strategy Overview 17.1.11.5.1. Marketing Strategy 18. Assumptions & Acronyms Used 19. Research Methodology
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