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Rising Need to build Brand Awareness will Enhance Content Marketing Market Growth at a CAGR of 13 % by 2024 - A Technavio Exclusive Report
Saturday, March 13, 2021
NEW YORK, March 5, 2021 /PRNewswire/ -- A latest market research report titled "Content Marketing Market by Objective (Lead Generation, Brand Awareness, Thought Leadership, And Others), Platform (Blogging, Videos, Infographics, Case Studies, And Others), End-user (Retail, Automotive, Financial Services, Telecom, And Others), and Geography (APAC, Europe, MEA, North America, and South America)- Forecast and Analysis 2020-2024", published by Technavio forecasts the market to reach USD 269.24 billion by 2024, at a CAGR of 13% during the forecast period.
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Rising number of mobile device users and growing use of content marketing by companies for brand building will boost the market growth
-- The focus of companies toward building brand awareness along with
increasing trust and loyalty will be one of the primary factors driving
content marketing market growth in the coming years.
-- Impressive content also improves brand recall and economically enhances
brand awareness among consumers.
-- The growing dominance of mobile devices over desktops for content
marketing will create growth opportunities for the content marketing
market.
-- The use of social media networking sites such as Facebook, Twitter,
LinkedIn has surged in the recent years, in turn, catering a wider
target audience for content marketing.
Get Content Marketing Market Overview
Lead generation accounted for the largest content marketing market share in 2019.
-- Based on objective, the content marketing market is segmented into lead
generation, brand awareness, thought leadership, and others.
-- In 2019, the lead generation objective segment accounted for the largest
share of the global market as companies across the globe are deploying
content marketing to expedite sales and improve client conversions.
-- Market growth in the lead generation segment will be faster than the
growth of the market in brand awareness, thought leadership, and other
segments as more companies deploy content marketing for sales driven
lead generation.
Gain access to market research repository containing over 17,000+ reports using Technavio's Subscription Platform
APAC will showcase the highest growth during forecast period.
-- Based on geography, the content marketing market is segmented into APAC,
Europe, MEA, North America, and South America.
-- By 2024, APAC will continue to offer immense growth opportunities for
content marketing market players while accounting for the highest growth
during the forecast period.
-- Factors such as the increasing demand from sectors such as automotive,
financial service, consumer electronics, and health and pharma will
significantly influence content marketing market growth in this region.
Schedule a Consultation Call to Speak to our Analysts and Industry experts
Prominent Player Analysis
-- The content marketing market is fragmented with players categorized as
pure-play, industry-focused, and dominant players.
-- Vendors in the market are focusing on growth prospects in the
fast-growing segments, while maintaining their positions in the
slow-growing segments.
-- The content marketing market forecast provides information on the
competencies and capacities of companies such as Kapost, NewsCred Inc.,
Percolate Industries Inc., Scripted Inc., and Sprinklr Inc.
-- This report further provides information on the production,
sustainability, and prospects of several leading companies, including
Adobe Inc., Contently Inc., CoSchedule LLC, HubSpot Inc., and Influence
& Co.
Explore Related Markets:
-- Digital Retail Marketing Market by Type (Search Ads, Display Ads, Social
Media, E-Mail Marketing, and Others), Platform (Mobile Devices and
Desktops), and Geography (APAC, Europe, MEA, North America, and South
America) - Forecast and Analysis 2020-2024Report Link:
https://www.technavio.com/report/digital-retail-marketing-market-industr
y-analysis
-- Visual Content Market by Product (Stock Images and Stock Video), License
Model (RF and RM), Application (Editorial and Commercial), and Geography
(APAC, Europe, MEA, North America, and South America) - Forecast and
Analysis 2020-2024Report Link:
https://www.technavio.com/report/visual-content-market-industry-analysis
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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