Dublin, January 30, 2024 (GLOBE NEWSWIRE) — The “Artificial Intelligence (AI) in Marketing – Global Strategic Business Report” the report has been added to ResearchAndMarkets.com offer.
In an era marked by rapid technological advancements and changing market dynamics, this strategic business report highlights the enormous potential of artificial intelligence (AI) in the marketing landscape. The comprehensive analysis reveals that the global market, valued at US$30.9 billion in 2022, is on an upward trajectory and is expected to reach US$196.2 billion by 2030. This reflects a compound annual growth rate (CAGR) of 26% over the forecast period. .
The report meticulously segments the market to provide an in-depth study of various facets including the remarkable growth predicted in the AI software segment. With expectations set at a CAGR of 23.9%, this industry is expected to reach US$76.1 billion by the end of the analysis period. Meanwhile, advancements in AI hardware are also being recognized with a robust projected CAGR of 25.7% through 2030.
The United States, recognized as a pivotal market, is currently valued at US$9.3 billion. Meanwhile, China, a rapidly growing economic powerhouse, is expected to proliferate at a CAGR of 25.1%. This highlights China’s potential to transform into a US$33.3 billion market by 2030. The report also identifies other geographies contributing significantly to the sector’s expansion, including Japan and Canada, with expected growth of 23.1% and 21% CAGR, respectively. Europe, with Germany as the focal point, is poised to witness a CAGR of 15.9%.
In a dynamic landscape characterized by global challenges such as the Russian-Ukrainian conflict and efforts towards recovery in a post-pandemic world, the report offers exclusive insight into the impact of these events and much more. It details the competitive landscape of the market, highlighting the key players shaping the future of AI-driven marketing. A total of 268 competitors were submitted, demonstrating the depth and diversity of this highly competitive field.
Report details
- In-depth coverage of geopolitics, inflation, and the effects of policy changes on AI in the marketing industry
- Comprehensive competitive landscape analysis with market share details
- Expert assessment of market presence in various geographies
- Proprietary, data-driven strategic insights and forecasts
- 1-year free update service to keep you up to date with market developments
This in-depth strategic business report demonstrates the importance of AI in revolutionizing the marketing industry. Stakeholders, business leaders and market analysts will find the prospective analysis and detailed assessment provided by the report crucial to navigate and capitalize on the opportunities presented in the rapidly evolving field of AI in Marketing .
The knowledge and insights contained in this report are essential tools that enable industry players to make informed strategic decisions. The trajectory of the global market offers a glimpse of a future in which AI will not only augment marketing practices, but also become an essential part of delivering personalized, impactful and effective customer experiences.
Key attributes
| Report attribute | Details |
| Number of pages | 206 |
| Forecast period | 2022-2030 |
| Estimated market value (USD) in 2022 | $30.9 billion |
| Projected market value (USD) by 2030 | $196.2 billion |
| Compound annual growth rate | 26% |
| Regions covered | Global |
A selection of companies mentioned in this report include:
- Albert Technologies
- Alphabet
- Amazon
- Appier
- Baidu
- Drawbridge
- gum gum
- IBM
- Inside Sales
- Intel
- Marianne
- Micron
- Microsoft
- Narrative science
- Nvidia
- Oculus360
- Oracle
- Persado
- Selling power
- Samsung Electronics
- Sensitive technologies
- Xilinx
- Zensé
For more information on this report, visit https://www.researchandmarkets.com/r/smf6vl
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