New York, June 11, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Search Marketing Software Industry” – https://www.reportlinker.com/p06032846/?utm_source=GNW
3 Billion in the year 2020, is projected to reach a revised size of US$5.7 Billion by 2027, growing at aCAGR of 14.1% over the period 2020-2027. Cloud, one of the segments analyzed in the report, is projected to record 15.2% CAGR and reach US$3.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premise segment is readjusted to a revised 12.7% CAGR for the next 7-year period.
– The U.S. Market is Estimated at $614 Million, While China is Forecast to Grow at 18.3% CAGR
– The Search Marketing Software market in the U.S. is estimated at US$614 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 18.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10% and 12.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.1% CAGR.
– Select Competitors (Total 36 Featured) –
- Adobe, Inc.
- Hewlett Packard Enterprise Company
- Hubspot, Inc.
- IBM Corporation
- Marketo, Inc.
- Microsoft Corporation
- Oracle Corporation
- Salesforce.com, Inc.
- SAP SE
- SAS…