Market revenue in 2023 | USD 15,391.4 million |
Market revenue in 2030 | USD 62,142.1 million |
Growth rate | 22.1% (CAGR from 2023 to 2030) |
Largest segment | Software |
Fastest growing segment | Services |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Software, Services |
Key market players worldwide | Adobe Inc, Hewlett Packard Enterprise Co, HubSpot Inc, International Business Machines Corp, Microsoft Corp, Oracle Corp, Salesforce Inc, SAP SE, SAS, Marketo |
Software was the largest segment with a revenue share of 66.22% in 2023. Horizon Databook has segmented the Asia Pacific digital marketing software market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific digital marketing software market is expected to witness significant growth over the forecast period. The promising growth prospects of the regional market are characterized by the proliferation of the internet, high population density, and the increasing popularity of smartphones.
A large proportion of smartphone users in the Asia Pacific region are accessing social media through their mobile phones. Therefore, the region offers enormous opportunities for online advertising.
Promotional events, such as the Digital Marking Summit Asia, offering market players a chance to showcase their digital marketing software solutions in the Asia Pacific region are also anticipated to propel the market in the region.
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