Virtual Assistant Segment is expected to be the fastest growing during the forecast period for SAM Artificial Intelligence in Marketing Market
According to this research study titled “SAM Artificial Intelligence in Marketing Market to 2028 - COVID-19 Impact and Analysis and Forecast by: Offering, Application, and End- use Industry,” the market is expected to reach US$ 11,291.23 million by 2028 from US$ 1,327.99 million in 2020. The market is estimated to grow at a CAGR of 30.7% from 2021 to 2028. The report provides trends prevailing in the SAM artificial intelligence in marketing market along with the drivers and restraints pertaining to the market growth. Uprising adoption of customer-centric marketing strategies is the major factor driving the growth of the SAM artificial intelligence in marketing market. However, issues associated with the minimal number of artificial intelligence (AI) experts hinder the growth of SAM artificial intelligence in marketing market.
The SAM artificial intelligence in marketing market is segmented into offering, application, end-use industry, and country. Based on offering, the market is segmented into solution and services. The solution segment dominated the market in the year 2020 and services segment is expected to be the fastest growing during forecast period. Based on application, the market is segmented into social media advertising, search advertising, dynamic pricing, virtual assistant, content curation, sales & marketing automation, analytics platform, and others. The social media advertising segment dominated the market in year 2020 and virtual assistant segment is expected to be the fastest growing during the forecast period. Based on end- use industry, the market is segmented into BFSI, retail, consumer goods, media and entertainment, and others. The BFSI segment dominated the market in year 2020 and retail segment is expected to be the fastest growing during the forecast period.
Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, and Ecuador, among other South American countries. Governments of these countries have taken an array of actions to protect their citizens and contain COVID-19 spread. The governments of various countries in South America are taking several initiatives to protect people and to control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions.
Accenture; Adobe; Amazon Web Services; IBM Corporation; Microsoft Corporation; Oracle Corporation; Salesforce.com, Inc.; SAP SE; SAS Institute Inc.; and Xilinx, Inc. are among the leading companies in the SAM Artificial Intelligence in Marketing market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, IBM launched new artificial intelligence-based solutions for marketing and media Industry. These new solutions comprised of IBM Watson Advertising Accelerator, IBM Watson Advertising Attribution, IBM Watson Advertising Predictive Audiences. These new solutions will increase the adoption of artificial intelligence-based solution in marketing and advertising sector.
The report segments the SAM Artificial Intelligence in Marketing market as follows:
SAM Artificial Intelligence in Marketing Market - By Offering
SAM Artificial Intelligence in Marketing Market - By Application
SAM Artificial Intelligence in Marketing Market - By End-Use Industry
SAM Artificial Intelligence in Marketing Market - By Country
The SAM artificial intelligence in marketing market is segmented into offering, application, end-use industry, and country. Based on offering, the market is segmented into solution and services. The solution segment dominated the market in the year 2020 and services segment is expected to be the fastest growing during forecast period. Based on application, the market is segmented into social media advertising, search advertising, dynamic pricing, virtual assistant, content curation, sales & marketing automation, analytics platform, and others. The social media advertising segment dominated the market in year 2020 and virtual assistant segment is expected to be the fastest growing during the forecast period. Based on end- use industry, the market is segmented into BFSI, retail, consumer goods, media and entertainment, and others. The BFSI segment dominated the market in year 2020 and retail segment is expected to be the fastest growing during the forecast period.
Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, and Ecuador, among other South American countries. Governments of these countries have taken an array of actions to protect their citizens and contain COVID-19 spread. The governments of various countries in South America are taking several initiatives to protect people and to control COVID-19’s spread in the region through lockdowns, trade bans, and travel restrictions.
Accenture; Adobe; Amazon Web Services; IBM Corporation; Microsoft Corporation; Oracle Corporation; Salesforce.com, Inc.; SAP SE; SAS Institute Inc.; and Xilinx, Inc. are among the leading companies in the SAM Artificial Intelligence in Marketing market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, IBM launched new artificial intelligence-based solutions for marketing and media Industry. These new solutions comprised of IBM Watson Advertising Accelerator, IBM Watson Advertising Attribution, IBM Watson Advertising Predictive Audiences. These new solutions will increase the adoption of artificial intelligence-based solution in marketing and advertising sector.
The report segments the SAM Artificial Intelligence in Marketing market as follows:
SAM Artificial Intelligence in Marketing Market - By Offering
- Solution
- Services
SAM Artificial Intelligence in Marketing Market - By Application
- Social Media Advertising
- Search Advertising
- Dynamic Pricing
- Virtual Assistant
- Content Curation
- Sales & Marketing Automation
- Analytics Platform
- Others
SAM Artificial Intelligence in Marketing Market - By End-Use Industry
- BFSI
- Retail
- Consumer Goods
- Media and Entertainment
- Others
SAM Artificial Intelligence in Marketing Market - By Country
- Brazil
- Argentina
- Rest of SAM
Frequently Asked Questions about the South American Artificial Intelligence in Marketing Market
What is the estimated value of the South American Artificial Intelligence in Marketing Market?
What is the growth rate of the South American Artificial Intelligence in Marketing Market?
What is the forecasted size of the South American Artificial Intelligence in Marketing Market?
Who are the key companies in the South American Artificial Intelligence in Marketing Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 171 |
| Published | June 2021 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 1728.64 Million |
| Forecasted Market Value ( USD | $ 11291.23 Million |
| Compound Annual Growth Rate | 30.7% |
Table of Contents
1. Introduction
3. Research Methodology
4. SAM Artificial Intelligence in Marketing Market Landscape
5. SAM Artificial Intelligence in Marketing Market - Key Industry Dynamics
6. Artificial Intelligence in Marketing Market - SAM Market Analysis
7. SAM Artificial Intelligence in Marketing Market - By Offering
8. SAM Artificial Intelligence in Marketing Market - By Application
9. SAM Artificial Intelligence in Marketing Market - By End-Use Industry
10. SAM Artificial Intelligence in Marketing Market - Country Analysis
11. Impact of COVID-19 Pandemic on SAM Artificial Intelligence in Marketing Market
12. Artificial Intelligence in Marketing Market - Industry Landscape
13. Company Profiles
14. Artificial Intelligence in Marketing Market- Company Profiles
List of Tables
List of Figures
Companies Mentioned
A selection of companies mentioned in this report includes:
- Accenture
- Adobe
- Amazon Web Services
- IBM Corporation
- Microsoft Corporation
- Oracle Corporation
- Salesforce.com, inc.
- SAP SE
- SAS Institute Inc.
- Xilinx, Inc.
