Marketing tech stack is always evolving. Marketing automation software enables improved efficiency with various features from customer segmentation to campaign management.
What’s the marketing automation industry market size, what are the adoption rates of marketing automation and which benefits it brings to businesses? Continue reading as we’ll cover answers to these questions with these recent marketing automation statistics.
Here’s what you’ll find on this page:
Marketing Automation Industry Revenue
Leading Players in the Marketing Automation Software Industry
Marketing Automation Budget Changes
Top Channels Where Marketing Automation Used
Top Benefits of Marketing Automation
Marketing Automation and Customer Data Platform Integration
Marketing Automation Industry Statistics
In 2024, marketing automation is steadily growing, with spending reaching billions every year.
This section presents key statistics to show market automation market revenues, top players in the industry and expected budget changes on automation among marketers.
Between 2021 and 2024, worldwide marketing automation industry revenue is forecasted to grow by 38.2% to $6.62 billion – Statista
Year
Marketing automation market revenue (worldwide)
2021
$4.79 billion
2022
$5.19 billion
2023
$5.86 billion
2024
$6.62 billion
2025
$7.47 billion
2026
$8.44 billion
2027
$9.53 billion
2028
$10.76 billion
2029
$12.14 billion
2030
$13.71 billion
Revenue of marketing automation solution vendors is forecasted to reach $6.6 billion by 2026 (up from $2.9 billion in 2020) – Frost & Sullivan
Around 61% of surveyed marketers expect an increase in their budget for marketing automation for the upcoming year – Ascend2
Marketing Automation Budget
Share of marketers
Increasing significantly
8%
Increasing moderately
51%
Staying the same
30%
Decreasing moderately
8%
Decreasing significantly
3%
Hubspot dominates the marketing automation software market, holding a market share of 38.27%. Other commonly used marketing automation tools include Adobe Experience Cloud (7.97%), Welcome (7.68%), Oracle Marketing Cloud (7.37%) and Active Campaign (6.99%) – Datanyze
As of February 2024, marketing automation software solutions available from at least 398 companies – G2
Marketing Automation Usage and Performance Statistics
Marketing automation software is widely used as a part of the effective marketing tech stack.
This section highlights key insights into current adoption and planned usage of marketing automation and its impact on helping achieve business objectives.
Email (63%), social media management (50%) and paid ads (40%) are the most reported areas for currently using marketing automation – Ascend2
Area
Marketing Automation Usage
Email marketing
63%
Social media management
50%
Paid ads
40%
Content management
35%
Landing pages
29%
SMS marketing
28%
Campaign tracking
26%
Account-based marketing
24%
Push notifications
22%
Live chat
21%
Workflows / visualization
20%
SEO efforts
18%
Sales funnel communications
16%
Dynamic web forms
16%
Lead scoring
14%
29% of surveyed marketers are planning to implement marketing automation for social media management and paid ads in the coming year. Another 28% claim they will be adding marketing automation to email marketing programs – Ascend2
Area
Planned Marketing Automation Usage
Social media management
29%
Paid ads
29%
Email marketing
28%
Landing pages
21%
SMS marketing
21%
Content management
20%
Campaign tracking
18%
Live chat
18%
Push notifications
17%
Account-based marketing
16%
Workflows / visualization
16%
SEO efforts
15%
Dynamic web forms
14%
Sales funnel communications
13%
Lead scoring
9%
Optimizing overall strategy and improving data quality are top goals for improving marketing automation for the upcoming year ahead according to 37% and 34% of B2B and B2C marketers surveyed, respectively – Ascend2
Primary Goal for Improving Marketing Automation
Share of Marketers
Optimize overall strategy
43%
Improve data quality
37%
Identify ideal customers/prospects
34%
Optimize messaging/campaigns
31%
Increase personalization
30%
Decrease costs/drive efficient growth
21%
Decrease automation across customer journey
19%
Integrate technologies/data
15%
Increase employee adoption/usage
13%
Around 35% of marketers report that their customer journeys are “mostly automated” or “fully automated” – Ascend2
Extent of Marketing Automation across the Customer Journey
Share of Marketers
Fully automated
10%
Mostly automated
25%
Partially automated
44%
Not automated
21%
22% of surveyed marketers strongly agree with the statement that their “marketing automation platform makes it easy to build effective customer journeys” – Ascend2
“Marketing Automation Platform Makes It Easy to Build Effective Customer Journeys”
Share of Marketers
Strongly agree
22%
Somewhat agree
53%
Somewhat disagree
17%
Strongly disagree
8%
Around 1-in-4 (26%) of marketers say that their multi-channel marketing strategy is fully or mostly automated. Another 22% claim it’s not automated at all – Ascend2
Extent of Multi-Channel Marketing Strategy Automation
Share of Marketers
Fully
5%
Mostly
21%
Partially
29%
Very little
23%
Not at all
22%
Pricing is considered as a key factor by 53% of marketers when deciding on a marketing automation tool. Ease of use (54%) and customer service (27%) are regarded as the other top factors driving automation tool purchase – Ascend2
Factor Driving Marketing Automation Solution Purchase
Share of Marketers
Price
58%
Ease of use
54%
Customer service
27%
Customization options
24%
Integration capabilities
22%
Breadth of features
21%
Depth of features
19%
Data visualization/analytics
13%
Streamlined onboarding/training
11%
Data consolidation capabilities
10%
Only 18% of B2B marketers state they use marketing automation that’s integrated with a customer data platform (CDP). Another 42% say they use B2B marketing automation but don’t have CDP in their current tech stack. Other 40% have both B2B marketing automation and CDP but they aren’t integrated – Adobe
Marketing Automation Benefits Statistics
Marketing teams can greatly improve their effectiveness through the use of automation software, which offers a number of benefits from improving customer experience to enabling better use of marketing budgets.
Improving customer experience (43%), enabling better use of working hours (38%) and better decision making (35%) are the most commonly reported advantages of using marketing automation among surveyed marketers – Ascend2
Advantage of Marketing Automation
Share of Marketers
Improves customer experience
43%
Enables better use of staff time
38%
Better data and decision making
35%
Improves lead generation and nurturing
34%
Enables better use of budget
33%
Increases personalization options
24%
Increased ability to measure important metrics/KPIs
23%
Aligning marketing efforts to adjacent departments
21%
Nearly 7-in-10 (66%) of surveyed marketing professionals state that their current marketing automation is “somewhat successful” in helping to achieve marketing objectives. Another 25% of respondents say it’s “very successful”. Only 9% of marketers report no success from their marketing automation efforts – Ascend2
Conclusion
We hope you enjoyed this list of marketing automation statistics.
We frequently update this list of statistics. So feel free to check this stats page later for new insights.
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