Global Conversational Marketing Software Market Growth (Status and Outlook) 2023-2029

Global Conversational Marketing Software Market Growth (Status and Outlook) 2023-2029

Product Code:454942

Published Date: Feb 08,2023

Pages: 104

Region: Global

Category: Service & Software

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Conversational marketing software, also known as messenger marketing software, engages potential customers with personalized, one-on-one conversations route to specific product recommendations or offers. Conversational marketing platforms help provide a higher standard of customer service at scale and simplify the overall buying process for potential customers around the world at any time of day. Successful use of these platforms can also generate valuable, qualified leads, provide high-level insights into customer demographics and preferences, and accelerate the sales cycle.

LPI (LP Information)' newest research report, the “Conversational Marketing Software Industry Forecast” looks at past sales and reviews total world Conversational Marketing Software sales in 2022, providing a comprehensive analysis by region and market sector of projected Conversational Marketing Software sales for 2023 through 2029. With Conversational Marketing Software sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Conversational Marketing Software industry.

This Insight Report provides a comprehensive analysis of the global Conversational Marketing Software landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Conversational Marketing Software portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Conversational Marketing Software market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Conversational Marketing Software and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Conversational Marketing Software.

The global Conversational Marketing Software market size is projected to grow from US$ 537.1 million in 2022 to US$ 5644 million in 2029; it is expected to grow at a CAGR of 39.9% from 2023 to 2029.

Global conversational marketing software main players include Drift, Snaps, Verloop, iAdvize, LiveWorld, Automat, Intercom, HubSpot, Conversica, Saleswhale, Whisbi, etc., totally accounting for about 80% of the market. Americas is the largest market, with a share over 40%. As for the types of products, it can be divided into cloud based and on-premises. The most common product is  cloud based, with a share over 90%. In terms of applications, it is widely used in large enterprises and SMEs. Large enterprises is the largest application, holding a share over 70%.

This report presents a comprehensive overview, market shares, and growth opportunities of Conversational Marketing Software market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Cloud Based
    On-Premises

Segmentation by application
    Large Enterprises
    SMEs

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Drift
    Snaps
    Verloop
    iAdvize
    LiveWorld
    Automat
    Intercom
    HubSpot
    Conversica
    Saleswhale
    Whisbi