Market Size of Italy Industrying Automation Software Market
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 7.10 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Italy Marketing Automation Software Market Analysis
The Italian marketing automation software market is estimated to record a CAGR of about 7.1% over the forecast period (2020 - 2025). As a marketing software lets the brand drive revenue with lead management, mobile marketing, and more, the majority of Italian B2B marketers, who are currently initiating the use of marketing automated platforms, have reported that they are not using these tools upto their full potential. The vendors are focused on combining their software platform offerings with customization of product offerings and digital content at an individual level.
- The growing adoption of SMAC tools and the increasing focus on omnichannel marketing are driving the market. According to MailUp, 75.6% of Italian companies implemented strategies of omnichannel communications in 2019. Further, two-thirds of companies in the consumer goods sector gave priority to strategies involving online and offline communications. Retailers are mostly tackling offline measurement of online ads, building personalized campaigns based on omnichannel behavior, and creating compelling creatives that convert both online and in-store through Facebook and other platforms. Currently, social media, particularly Facebook, are the most effective and the most widely used digital marketing tools in Italy for omnichannel.
- Over 80% of paid ads on the internet, in Italy, are Facebook ads. Further, according to Assocom (advertising agencies), the expenditure on video advertisement in Italy is expected to increase to EUR 852.1 million in 2020, from EUR 749.8 million in 2019. Further, integration of social, mobile, analytics, and cloud (SMAC tool) is witnesing a growing trend, along with creating a competitive advantage and providing new business opportunities mostly for startup companies and smaller brands in the country through cloud computing and mobile technology.
- The anticipated growth in demand from SMEs (small & medium enterprises) in Italy is driving the market. According to the Bank of Italy, in terms of economic relevance, the majority (99.9%) of enterprises active in the Italian economy (the third-largest in Europe after the German and the French) are SMEs, and they account for 81% of the workforce and 68.1% of the value-added in Italy. As SMEs have to deal with various entities, such as vendors, suppliers, customers, and financial firms, it can be challenging to manage increasingly complex operations. Tourism, retail, and financial services represent a significant part of the sector. Hence, SMEs form a massive target for selling software tools in Italy, such as process automation, CRM, accounting, invoicing, taxation, and chatbots, which may further help SMEs to reduce the unnecessary cost.
- Further, due to the impact of COVID-19 in Italy, according to the Adabra survey, between February and March 2020, marketplaces of the food and grocery sectors reported around the 86% increase in their clicks, compared to the same period in the previous year. In Italy, the online retail of pharmaceutical products reported the highest increase in sales, with a growth of about 68 percentage points. However, Italian consumers appeared less interested in shopping for clothing, as the clicks on the fashion marketplace grew by 38.45%, the lowest value among the considered sectors. With the shutdown of various enterprises of all sizes, services and manufacturing were stopped in line with the restrictions on purchase; hence, the demand for marketing automation software has decreased.
Italy Marketing Automation Software Industry Segmentation
Marketing automation software is designed to help marketers capture leads. Vendors in the market offer solutions to various end-user verticals, such as BFSI, retail and consumer goods, and healthcare and life sciences.
End-user Vertical | |
BFSI | |
Retail and Consumer Goods | |
Healthcare and Life Sciences | |
Media and Entertainment | |
Other End-user Verticals |
Italy Marketing Automation Software Market Size Summary
The Italian marketing automation software market is experiencing a notable expansion, driven by the increasing adoption of SMAC tools and a heightened focus on omnichannel marketing strategies. Despite the potential benefits, many Italian B2B marketers are not fully leveraging these automated platforms. The market is characterized by a trend towards integrating social, mobile, analytics, and cloud technologies, which are providing new business opportunities, particularly for startups and smaller brands. The retail sector is actively engaging in personalized campaigns that blend online and offline behaviors, with social media platforms like Facebook playing a pivotal role in these efforts. The demand for marketing automation tools is further bolstered by the significant presence of SMEs in Italy, which constitute a large portion of the economy and workforce. These enterprises are increasingly seeking software solutions to streamline operations and reduce costs, particularly in sectors such as tourism, retail, and financial services.
The market is also witnessing a surge in influencer marketing, with brands leveraging key leaders to enhance brand awareness and customer loyalty. This approach has proven effective, especially in the fashion industry, where luxury brands are utilizing social media engagement tools to connect with consumers. SaaS-based influencer marketing platforms are gaining traction, offering comprehensive solutions for strategy development, influencer connections, and campaign analytics. Email marketing remains a dominant tool for engaging clients and acquiring new customers, with integration into CRM systems enhancing personalization and effectiveness. The market is fragmented, with key players like HubSpot Inc. and Adobe Inc. focusing on providing integrated solutions to meet the diverse needs of Italian businesses. Recent developments include initiatives to support digital transformation in sectors such as banking and insurance, highlighting the ongoing evolution and potential of marketing automation in Italy.
Italy Marketing Automation Software Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Industry Attractiveness - Porter's Five Forces Analysis
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1.2.1 Bargaining Power of Suppliers
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1.2.2 Bargaining Power of Consumers
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1.2.3 Threat of New Entrants
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1.2.4 Threat of Substitute Products
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1.2.5 Intensity of Competitive Rivalry
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1.3 Market Drivers
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1.3.1 Growing Adoption of SMAC Tools and Focus on Omnichannel Marketing
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1.3.2 Anticipated Growth in Demand from SMEs in Italy
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1.4 Market Challenges
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1.4.1 Operational and Integration Issues
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1.5 Evolution of the Digital Marketing Landscape in Italy
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1.6 Impact of COVID-19 on the Marketing Automation Landscape
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1.7 Analysis of the Relative Adoption Among Various Types of Marketing Automation Tools
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2. MARKET SEGMENTATION
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2.1 End-user Vertical
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2.1.1 BFSI
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2.1.2 Retail and Consumer Goods
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2.1.3 Healthcare and Life Sciences
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2.1.4 Media and Entertainment
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2.1.5 Other End-user Verticals
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Italy Marketing Automation Software Market Size FAQs
What is the current Italy Marketing Automation Software Market size?
The Italy Marketing Automation Software Market is projected to register a CAGR of 7.10% during the forecast period (2024-2029)
Who are the key players in Italy Marketing Automation Software Market?
Hubspot, Inc. , Adobe Inc., ActiveCampaign, Inc., Adabra and Marketo Inc. are the major companies operating in the Italy Marketing Automation Software Market.