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Influencer Marketing Platform Market Is Expected To Reach $23.52 Billion By 2025 – Emergent Digitalization And Latest Technologies Will Fuel Industry Growth Globally | Million Insights

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Influencer Marketing Platform Market Is Expected To Reach $23.52 Billion By 2025 – Emergent Digitalization And Latest Technologies Will Fuel Industry Growth Globally | Million Insights

December 04
05:27 2020
Influencer Marketing Platform Market Is Expected To Reach $23.52 Billion By 2025 - Emergent Digitalization And Latest Technologies Will Fuel Industry Growth Globally | Million Insights

Million Insights – World’s Fastest Growing Market Research Database
According to new report available with Million Insights, the global influencer marketing platform industry to grow with a CAGR of 26.8% by 2025. Report includes in-depth market analysis by recent technologies, size, share, trends, opportunities, types, segment and future analysis

The global Influencer Marketing Platform Market size is projected to touch USD 23.52 billion by the end of 2025, as per the report released by Million Insights. It is estimated to grow with a CAGR of 26.8% over the estimated duration. The advent of latest technologies such as AI, ML, IoT, and NLP offer better analytics and results, thereby, guiding, marketers in undertaking effective decisions.

Growing penetration of AI-driven influencer marketing platforms is projected to develop an automated environment for making efficient partnerships. Technologies such as Natural Language Processing (NLP) and Artificial Neural Networks (ANN) can be used to offer suitable insights to influencers by examining various posts, image attributes, and assisting brands in streamlining workflow processes. Moreover, preference for these technologies helps marketers in selecting the right influencer, thus, expected to aid in the market growth in the upcoming years. For example, Caution Engine provided by IZEA uses machine learning to process voluminous information for analysis on influencers platform in the company database to enhance network and recognize influencers who follow brand safety measures.

To download the sample PDF of Global Influencer Marketing Platform Market Report “Please” click here: https://www.millioninsights.com/industry-reports/global-influencer-marketing-platform-market/request-sample

 

Cord-cutting is also projected to propel the influencer marketing platform market from 2019 to 2025. The lowering popularity of TV viewership and rising screen time offer marketers to leverage social media marketing. Moreover, marketers are spending extensively on various social media to satisfy the growing online masses.

The sports & fitness division is predicted to offer new avenues to the influencers over the forecast years. Factors such as brand loyalty, growing merchandise, the trend of a healthy lifestyle, and rising ticket sales are projected to fuel the market growth in the upcoming years. Moreover, cost-effective equipment and product innovation have created sports more accessible to customers. The fusion of fashion & beauty into sports & fitness is encouraging companies to enter into new business lines such as the production of athleisure, thereby, bolster the market growth over the estimated duration.

The growth of hybrid influencer is projected to accelerate the growth of the market from 2019 to 2025. Hybrid influencer allows brands to use social media advertisements to spend on various influencer posts through brand content or social media to gain greater insights. For example, Scrunch, an advertising firm, enabled marketing teams to grow business with the help of hybrid influencers.

To browse report summary & detailed TOC, “please” click the link below:
https://www.millioninsights.com/industry-reports/global-influencer-marketing-platform-market

   

Further key findings from the report suggest:

• Influencer management is predicted to grow rapidly from 2019 to 2025 due to the increasing demand for brands to sustain an efficient relationships with influencers for longer partnerships.

• SMEs are anticipated to benefit from penetration of influencer marketing due to higher engagement and cost-effectiveness.

• The sports & fitness division is projected to foresee considerable growth in the upcoming years, owing to increasing awareness relating to the benefits of living a healthy lifestyle.

• Asia Pacific is anticipated to lead the market over the forecast years, due to the growing preference for mobile, which makes it simpler for marketers to reach large audiences through social media.

• The leading players of the influencer marketing platform market are Hypetap Pty Ltd.; Speakr Inc.; AspireIQ Inc.; Upfluence, and Grapevine Logic Inc.

Million Insights has segmented the global influencer marketing platform market on the basis of application, organization size, end use, and region:

Influencer Marketing Platform Application Outlook (Revenue, USD Billion, 2015 – 2025)
    • Campaign Management
    • Search & Discovery
    • Analytics & Reporting
    • Influencer Management

Influencer Marketing Platform Organization Size Outlook (Revenue, USD Billion, 2015 – 2025)
    • Large Enterprises
    • SMEs

Influencer Marketing Platform End-use Outlook (Revenue, USD Billion, 2015 – 2025)
    • Food & Entertainment
    • Sports & Fitness
    • Travel & Holiday
    • Fashion & Lifestyle
    • Others

Influencer Marketing Platform Regional Outlook (Revenue, USD Billion, 2015 – 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • Middle East & Africa

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About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place t The global contact lenses market size was worth USD 12.79 billion in 2019. It is anticipated to register 5.0% CAGR over the forecast years, 2020 to 2027. hat will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
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State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-influencer-marketing-platform-market


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