Report Overview

The digital marketing market size reached a value of approximately USD 363.05 billion in 2023. The market is projected to grow at a CAGR of 13.1% between 2024 and 2032, reaching a value of around USD 1099.33 billion by 2032.

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

Competitive Landscape

Digital marketing market players have been ramping up investments in advanced technologies such as AI, machine learning, and natural language processing to deliver personalised and automated services. They are also expanding through mergers and acquisitions and strategic partnerships into global expansion, data-driven campaign optimization and targeting, and adaptive trends and platforms that continue to change. Such trends in the digital marketing market can open up new avenues for the global market.

Key Market Players

Key industry leaders in this industry are:

Accenture Plc: Dublin, Ireland, based Accenture, was established in the year 1989 and operates globally as a pure play management consulting and professional services company, specialising in digital, cloud, and security solutions.

IBM Corporation: IBM is a well-established global technology company headquartered in Armonk, New York; it was incorporated in the year 1911. It is well-known for providing unparalleled service in hardware, software, cloud computing, and artificial intelligence solutions to virtually all countries around the world.

Dentsu Group Inc: Established in the year 1901 and headquartered in Tokyo, Japan, Dentsu Group is one of the well-known world conglomerates that operates within the business sector of advertising and public relations. It is also known for providing different marketing and communication services.

Havas Group: It is a worldwide advertising and communications company, originally founded in 1835. The group is headquartered in Paris, France, and occupies a leadership position among the biggest groups in its category, with integrated marketing services on a global scale.

The global digital marketing market key players are WebFX, RAPP Worldwide Inc., Disruptive Advertising, Thrive Internet Marketing Agency, TopSpot Internet Marketing, and PB&J Promotions LLC, among others.

Digital Marketing Market Report Snapshots

Digital Marketing Market Size

Digital Marketing Market Growth

Digital Marketing Market Trends

Digital Marketing Market Share

Digital Marketing Companies

Digital Marketing Market Regional Analysis

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market was valued at USD 363.05 billion in 2023.

The market is projected to grow at a CAGR of 13.1% between 2024 and 2032.

The revenue generated from the digital marketing market is expected to reach USD 1099.33 billion in 2032.

Growing artificial intelligence, the rise of interactive content, the emergence of mobile creators and the focus on niche content are the major trends impacting the digital marketing market growth rate.

The market is categorised according to the digital channel, which includes email marketing, SEO, interactive consumer websites, online/display advertising, blogging, and podcasting (including microblogging), social network marketing, mobile marketing, viral marketing, digital out-of-home (OOH) media, online video marketing, and various others.

The market key players are Accenture Plc, IBM Corporation, Dentsu Group Inc., Havas Group, WebFX, RAPP Worldwide Inc., Disruptive Advertising, Thrive Internet Marketing Agency, TopSpot Internet Marketing, and PB&J Promotions LLC, among others.

The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

The Asia-Pacific region is the fastest-growing region in the global digital marketing market, driven by rising demand across education, BFSI and media and entertainment.

The top five companies in the digital marketing market are Accenture Plc, IBM Corporation, Dentsu Group Inc., Havas Group, and WebFX.

The market is categorised according to the end use, automotive, BFSI, education, government, healthcare, media and entertainment and others.

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