NEW YORK, Oct. 15, 2021 /PRNewswire/ -- The digital retail marketing market is set to grow by USD 524.18 billion between 2021 and 2025, and register a CAGR of almost 24.01%, according to Technavio's latest market research report. With a focus on identifying dominant industry influencers, Technavio's reports present a detailed study by the way of synthesis, and summation of data from multiple sources. This report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The rapid growth in social media, higher brand recall in online advertisement, and increased popularity of audio-visual advertising will offer immense growth opportunities. However, factors such as the requirement for skilled workforce may threaten the growth of the market.
Digital Retail Marketing Market 2021-2025: Segmentation
Digital Retail Marketing Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the digital retail marketing market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Alphabet Inc., Daniel J. Edelman Holdings Inc., Facebook Inc., Microsoft Corp., Omnicom Group Inc., Pinterest Inc., Salesforce.com Inc., The Interpublic Group of Companies Inc., Twitter Inc., and Waggener Edstrom Worldwide Inc. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments while maintaining their positions in the slow-growing segments.
APAC, North America, Europe, South America, and MEA
Performing market contribution
APAC at 40%
Key consumer countries
US, China, UK, Japan, and Germany
Leading companies, competitive strategies, consumer engagement scope
Alphabet Inc., Daniel J. Edelman Holdings Inc., Facebook Inc., Microsoft Corp., Omnicom Group Inc., Pinterest Inc., Salesforce.com Inc., The Interpublic Group of Companies Inc., Twitter Inc., and Waggener Edstrom Worldwide Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
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