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AI & ML are being integrated to boost predictive analytics and enable real-time decision-making. Omnichannel marketing is gaining prominence, facilitating cohesive customer experiences across mobile, social media, and email platforms. Personalization has emerged as a critical focus, leveraging advanced tools for precise and tailored campaigns. Moreover, there is a growing adoption of cloud-based solutions, offering enhanced scalability, flexibility, and accessibility. Concurrently, businesses are intensifying efforts to safeguard customer data, investing in robust security measures to comply with the evolving privacy regulations.
For instance, in March 2024, Accenture expanded its 20-year relationship with Adobe to co-develop industry-specific solutions using Adobe Firefly's generative AI models, aimed at enhancing personalized content creation and accelerating content supply chain transformations. This partnership underscores the growing integration of advanced AI technologies into CMS, thereby facilitating more efficient & targeted marketing strategies across diverse sectors.
The market size of campaign management software (CMS) reached USD 4.49 billion in 2023 and is set to record a CAGR of over 10% between 2024 and 2032, led by the increasing adoption of digital marketing strategies by businesses across various industries.
The web-based segment is expected to reach a value over USD 5 billion by 2032, as it provides robust features for analytics, reporting, and integration with other business tools, enhancing operational efficiency & decision-making capabilities.
North America market accounted for a share of over 30% in 2023, owing to a mature digital advertising ecosystem, with businesses prioritizing data-driven marketing strategies, utilizing advanced analytics and AI-powered tools to optimize campaign performance and ROI.
Adobe Inc., HubSpot Inc., IBM Corporation, Oracle Corporation, Salesforce.com Inc., SAP SE, and SAS Institute Inc. among others.