Artificial Intelligence in Marketing Market Size, Share, Emerging Trends, Analysis, and Forecasts 2022-2028

 

The Final Report will cover the analysis of the Impact of Covid-19 on this industry.

Artificial intelligence in marketing is the use of AI-based technologies to make automated marketing decisions based on data collected & analyzed to market the product based on consumer behavior and perception. Artificial intelligence marketing techniques increase the efficiency of the marketing budget and are more effective than traditional methods. Artificial intelligence in marketing is used to understand customer behavior, advertisements, social media marketing, data filtering, and analysis. Predictive analytics provided by artificial intelligence facilitates marketing firms in customer acquisition and lead generation. With the use of AI-based virtual support, such as digital communication and chatbots, marketing companies can manage customer relationship services in a better way, and it will help companies in understanding customers’ choices, which improves the overall experience. Considerable improvement in machine learning algorithms drives the large-scale adoption of AI technology in marketing.

A motion-control system initiates and controls the movement of a load to perform work. It is capable of precise speed, position, and torque control. Examples of the use of motion control are applications requiring the positioning of a product, synchronization of separate elements, or the rapid start and stop of motion. Motion control systems are comprised of three basic components, that is, controller, drive or amplifier, and motor. An increase in the adoption of advanced and automated processes for factory automation is the prime factor that drives the growth of the motion control market.

Artificial Intelligence in Marketing Market is expected to cross USD 56.43 Billion by 2027, at a CAGR of 27.34% during the forecast period 2021 to 2027.

Top Impacting Factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

The rapid increase in the need for virtual assistants, rise in usage of social media for advertising, and high adoption of customer-centric marketing strategies are the factors that drive the growth of artificial intelligence in the marketing market. In addition, advancements in big data analytics and an increase in the use of AI-based products and services to enhance consumer experience are also expected for market growth. However, the high cost of maintenance, continuous supervision, and security issues are the factors expected to hamper artificial intelligence in marketing market growth. Furthermore, the rise in adoption of cloud-based applications & services and the growth of marketing analytics are expected to create lucrative opportunities that will lead to the growth of artificial intelligence in the marketing market.

The Major Players Covered in this Report:

·         Intel Corporation

·         Welltok

·         Inc

·         Nvidia Corporation

·         Google Inc

·         IBM Corporation

·         Microsoft Corporation

·         Salesforce

·         Oracle

·         Next IT Corporation

·         Google Inc

·         IBM Corporation

·         Albert Technologies

·         Oculus360

 By Type, Artificial Intelligence in Marketing has been segmented into:

·         Hardware

·         Software

·         Services

 By Application, Artificial Intelligence in Marketing has been segmented into:

·         Enterprise

·         BFSI

·         Retail

·         Consumer Goods

·         Media and Advertising

·         Others

 Market Segment by Regions and Countries Level Analysis:

·         North America (U.S., Canada, Mexico)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)

·         Middle East & Africa (GCC Countries, South Africa, Rest of MEA)

·         South America (Brazil, Argentina, Rest of South America)

Covid-19 Impact and Recovery Analysis on Industry:

We've kept track of Covid-19's direct impact on this market as well as its indirect impact on other industries. During the analysis period, the impact of the Covid-19 pandemic on the market is predicted to be significant. From a worldwide and regional viewpoint, this report examines the influence of the pandemic on the Artificial Intelligence in Marketing industry. The study categorizes the Aerospace Carbon Fiber industry by type, application, and consumer sector to determine market size, market features, and market growth. It also includes a thorough examination of the factors that influenced market development before and after the Covid-19 pandemic. In addition, the research did a pest analysis in the sector to investigate major influencers and entrance obstacles.

Key benefits of the report:

·         This study presents analytical depiction of the artificial intelligence in marketing market along with the current trends and future estimations to determine the imminent investment pockets.

·         The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the Artificial intelligence in marketing market share.

·         The current market is quantitatively analyzed from 2021 to 2030 to highlight the artificial intelligence in marketing market growth scenario.

·         Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.

·         The report provides a detailed market analysis based on the present and future competitive intensity of thea intelligence in marketing market.