Digital Marketing Software Market in Australia Market Size (2024 - 2029)

The digital marketing software market in Australia is experiencing growth driven by increased web presence and digitization, supported by robust government initiatives. The market size is influenced by the adoption of artificial intelligence and cloud technologies, which enhance consumer engagement and personalize marketing efforts. However, the expansion is challenged by a shortage of skilled professionals capable of integrating analytics with marketing solutions.

Market Size of Digital Industrying Software Market in Australia

australia digital marketing software market size
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 10.00 %
Market Concentration Low

Major Players

australia digital marketing software market key players

*Disclaimer: Major Players sorted in no particular order

Australia Online Marketing Software Market Analysis

The digital marketing software market is expected to witness a CAGR of 10% over the forecast period (2021 - 2026). Artificial Intelligence is a key trend where businesses can study consumer behavior and look for patterns, using data from blog posts and social media channels to help marketers understand how customers engage with their brand. Chatbots can help businesses automate and optimize their customer service. Brands using AI are expected to accelerate growth and save costs, gaining a competitive edge over their competitors.

  • Surge of web and expanded digitization is a key driver for the market. The Australian Government has many strong digital initiatives and foundations in place. Applying digital tools to the activity has the potential to transform each step of the retail value chain, from sourcing, distribution, logistics, and instore operations, through to the customer-facing areas of marketing, omnichannel consumer experience, and ongoing consumer engagement.
  • Growing trend of personalized marketing and the proliferation of mobile devices has complicated marketing strategies to achieve enhanced user experience. It has raised a need for cloud technologies for targeting customers personally and introducing policies to automate their marketing process, where SaaS (Software as a Service) remains the largest segment of the cloud market in Australia, which gives a key driver for the growth of market.
  • Lack of skilled professional in integrating analytics and marketing solutions to measurable marketing campaigns is hindering the market in this country.

Australia Online Marketing Software Industry Segmentation

The digital marketing software market in Australia is growing where smaller firms have been faster to take up digital marketing. With the use of various tools such as social CRM, email software, market automation software, etc, it aids businesses to track individual behavioral metrics online, including past purchases, page views, searches, etc. and yields useful information to apply to digital marketing strategies.

By Deployment
On-Premise
Cloud
By Type
Email
CRM
Social CRM
Web Analytics
Marketing Automation
E-commerce
Content Management
End-user Industry
Information Technology
Telecom
BFSI
Media & Entertainment
Retail
Manufacturing
Healthcare
Automotive
Need A Different Region Or Segment?
Customize Now

Digital Marketing Software Market in Australia Size Summary

The digital marketing software market in Australia is experiencing significant growth, driven by the surge in web usage and expanded digitization efforts. The Australian government's strong digital initiatives are transforming various aspects of the retail value chain, from logistics to customer engagement. The increasing trend of personalized marketing, coupled with the proliferation of mobile devices, has necessitated the adoption of cloud technologies to enhance user experience and automate marketing processes. Software as a Service (SaaS) remains a dominant segment within this cloud market, further propelling the industry's expansion. However, the market faces challenges, such as a shortage of skilled professionals capable of integrating analytics with marketing solutions to create measurable campaigns.

Digital advertising spending is becoming increasingly vital for consumer acquisition, with social media marketing, particularly on platforms like Facebook, playing a crucial role. Companies like Lorna Jane and Fat Digital are leveraging social media to engage target demographics and drive business growth. The e-commerce sector is also on the rise, with retailers adopting online platforms to create an omnichannel presence and tap into new revenue streams. Cloud-based solutions from providers like Microsoft Azure and Google Cloud are addressing customer experience challenges, while companies like 7-Eleven and Samsung Australia are enhancing their retail strategies through innovative digital marketing approaches. The market is fragmented, with significant investments driving the development of new products, as larger tech companies seek to acquire smaller firms to gain a competitive edge. Key players include Swift Digital, Marketing Eye, and Lounge Lizard, among others.

Explore More

Digital Marketing Software Market in Australia Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

      1. 1.3.1 Surge of Web and Expanded Digitization

      2. 1.3.2 Adoption of Cloud Technologies

    4. 1.4 Market Restraints

      1. 1.4.1 Lack of Skilled Professional in Marketing Solutions

    5. 1.5 Value Chain Analysis

    6. 1.6 Industry Attractiveness - Porter's Five Force Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Deployment

      1. 2.1.1 On-Premise

      2. 2.1.2 Cloud

    2. 2.2 By Type

      1. 2.2.1 Email

      2. 2.2.2 CRM

      3. 2.2.3 Social CRM

      4. 2.2.4 Web Analytics

      5. 2.2.5 Marketing Automation

      6. 2.2.6 E-commerce

      7. 2.2.7 Content Management

    3. 2.3 End-user Industry

      1. 2.3.1 Information Technology

      2. 2.3.2 Telecom

      3. 2.3.3 BFSI

      4. 2.3.4 Media & Entertainment

      5. 2.3.5 Retail

      6. 2.3.6 Manufacturing

      7. 2.3.7 Healthcare

      8. 2.3.8 Automotive

Digital Marketing Software Market in Australia Market Size FAQs

The Australia Digital Marketing Software Market is projected to register a CAGR of 10% during the forecast period (2024-2029)

Swift Digital, Marketing Eye, Lounge Lizard, Andmine and WebFX are the major companies operating in the Australia Digital Marketing Software Market.

Digital Marketing Software Market in Australia Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)