Content Marketing Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR (2024 - 2029) | 14.75 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Content Marketing Market Analysis
The Content Marketing Market is expected to register a CAGR of 14.75% during the forecast period.
One key trend that is propelling the growth in content marketing demand is digital transformation. Content marketing has become a vital tool to efficiently connect with and engage internet users as enterprises shift their business focus from traditional channels into digital platforms, such as marketing strategies and client involvement efforts.
- Demand for the market studied is driven by the necessity of a business' presence on the Internet to enhance customer involvement and align marketing strategies with changing consumer behavior. Content marketing has become essential for businesses to connect, engage, and convert their audiences into potential customers as they increasingly rely on digital channels.
- The market is being hampered by a lack of skills regarding content marketing systems that enable the analysis of data from sources. It is a difficult task to choose the right content advertising strategy for meeting consumer demand, which requires creativity and technical skills that are sufficient in order to bring about an impact; this will also impede the growth of the market.
- AI-powered automation gives marketers a competitive advantage, allowing them to spend more time on marketing strategy rather than repetitive and redundant tasks. Thus, the development of AI-based content marketing solutions is expected to present opportunities for content marketing vendors in the coming years to cater to businesses' evolving needs. For instance, in July 2023, SpeedyBrand, an innovative Generative AI platform, raised USD 2.5 million in funding led by Y Combinator and GV (Google Ventures). The funds will be used to further develop and expand an AI-powered SEO content marketing platform designed for small and medium-sized enterprises (SMEs), focusing on the SME market.
- The importance of effective digital communications, online engagement, and adaptation of marketing strategies in an evolving consumer market has also been recognized by businesses. The pandemic made the shift to digital channels more rapid while reinforcing the value of content marketing as an essential tool for ensuring brand relevance during a critical time.
Content Marketing Market Trends
Rise of Digital Channels to Drive Market Growth
- As consumers are spending more time online, it becomes essential for businesses to establish a robust online presence to reach their target audience effectively. This leads to increasing adoption of content marketing solutions and services to create and distribute necessary content across various digital platforms by businesses.
- Digital channels support various content formats such as blogging, infographics, case studies, videos, and others, enabling businesses to cater to diverse content consumption preferences. Further, it helps target audiences based on demographics, interests, and behavior. To cater to a broad range of target audiences on different digital channels, the need for businesses to use content marketing solutions becomes important. It is likely to grow in the coming years.
- The rise of digital channels creates an environment where business needs to connect with their target audience on the Internet. This demand will be met through content marketing, which delivers high-quality and engaging content to enhance the presence on the Internet, brand recognition, and customer engagement. Thus, demand for content marketing is rising as companies become increasingly dependent on the integration of content marketing in their digital strategies.
- According to a survey conducted by Semrush, the online visibility management and content marketing SaaS platform provider, in 2022, 58% of responding marketing professionals said they used social media posting tools to leverage their content marketing efforts, while 30% said they utilized a content management system (CMS) for the same purpose.
North America Holds Largest Market Share
- The early adoption of content marketing strategies combined with a well-established market ecosystem positions the region to hold the leading market share. North American businesses have been at the forefront of digital transformation, recognizing the importance of online engagement and brand visibility. As content marketing becomes an essential parameter of digital strategies for businesses, it has resulted in a higher regional adoption rate.
- In addition, the region has a thriving number of marketing agency landscapes that offer businesses content marketing services. Also, the availability of professional expertise is further contributing to the growth of the market in the North American region.
- In a November 2022 survey conducted by Parse.ly, one of the leading content analytics platforms for professionals working in Content Marketing, 18% said they were using social media posts as part of their marketing strategy; 13% claimed to have used videos, 7% cited infographics, and 6% relied on case studies. This shows the use of social media posts and video platforms for content marketing is increasingly being adopted.
- With growing demand for content marketing in the region, the companies are entering the market with plans to launch content marketing platforms and services based on new technologies. For instance, in September 2022, Delaware-based Pepper Content Inc. launched a revolutionary AI content creation and ideation tool for marketers built on top of ChatGPT to lead in the next phase of content marketing.
Content Marketing Industry Overview
The content marketing market is fragmented, with a large number of key players operating in the market, including Adobe Inc., HubSpot Inc., Contently Inc., and several others. The players operating in the market are undergoing strategic initiatives such as mergers, acquisitions, partnerships, product launches, and others to remain competitive in the market and constitute significant market share.
- November 2022 - UberStrategist, a North American public relations and full-service marketing agency that serves global video game, entertainment, and technology clients, acquired the Raleigh-based content marketing agency VirTasktic.
- February 2022 - GroupM launched the Australian INCA, a purpose-built AI-powered, brand-safe, influencer and content marketing platform. Intuitive data-driven planning, a network of creators, workflow management, content amplification, analytics, and optimization capabilities are the core of INCA's platform. INCA is part of GroupM's portfolio of tech-driven specialty media products that includes addressable TV and addressable content, programmatic, social, and search expertise.
Content Marketing Market Leaders
-
Adobe Inc.
-
Contently Inc.
-
HubSpot Inc.
-
Brafton Inc.
-
Contentoo B.V.
*Disclaimer: Major Players sorted in no particular order
Content Marketing Market News
- March 2023 - IBM and Adobe partnered to help marketing and creative organizations optimize their content supply chain. For this, IBM is introducing a new way to help Adobe's clients utilize its technologies to transform their marketing organizations by optimizing their content supply chain.
- February 2023 - Scalenut, an AI-powered search engine optimization (SEO) and content marketing platform launched an AI model backed by content optimization for better SEO content creation workflow. The company further stated that the users of this new platform will have access to the latest information from SERP (Search Engine Results Page), including SERP statistics, which enables them to stay ahead of the curve and make informed decisions about their content.
Content Marketing Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
- 4.1 Market Overview
- 4.2 Industry Value Chain Analysis
-
4.3 Porters Five Forces Analysis
- 4.3.1 Bargaining Power of Suppliers
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Threat of New Entrants
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
- 4.4 Assessment of Impact of COVID-19 on Market
5. MARKET DYNAMICS
-
5.1 Market Driver
- 5.1.1 Rise of Digital Channels
- 5.1.2 Growing Need for Demand Generation and Personalized Marketing Strategy
-
5.2 Market Restraint
- 5.2.1 Lack of Key Personnel with Skills to Manage Content Marketing Activities
6. MARKET SEGMENTATION
-
6.1 By Component
- 6.1.1 Software
- 6.1.2 Service
-
6.2 By Platform
- 6.2.1 Blogging
- 6.2.2 Videos
- 6.2.3 Infographics
- 6.2.4 Case Studies
- 6.2.5 Others
-
6.3 By End-user Industry
- 6.3.1 Retail
- 6.3.2 BFSI
- 6.3.3 Media and Entertainment
- 6.3.4 Telecom
- 6.3.5 Other End-user Industries
-
6.4 By Geography***
- 6.4.1 North America
- 6.4.2 Europe
- 6.4.3 Asia
- 6.4.4 Australia and New Zealand
- 6.4.5 Latin America
- 6.4.6 Middle East and Africa
7. COMPETITIVE LANDSCAPE
-
7.1 Company Profiles
- 7.1.1 Adobe Inc.
- 7.1.2 Contently Inc.
- 7.1.3 HubSpot Inc.
- 7.1.4 Brafton Inc.
- 7.1.5 Contentoo B.V.
- 7.1.6 Hootsuite Inc.
- 7.1.7 Seismic Software Inc.
- 7.1.8 Upland Software, Inc.
- 7.1.9 Influence and Co.
- 7.1.10 Curata, Inc.
- *List Not Exhaustive
8. INVESTMENT ANALYSIS
9. FUTURE OUTLOOK OF THE MARKET
** Subject To AvailablityContent Marketing Industry Segmentation
Content marketing is a strategic approach for creating and distributing valuable, relevant content that helps in attracting and maintaining a clear target audience as well as driving successful customer action to businesses and brands.
The global content marketing market is segmented by component (software and service), platform (blogging, videos, infographics, case studies, and other platforms), end-user industry (retail, BFSI, media and entertainment, telecom, and other end-user industries), and geography (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.
By Component | Software |
Service | |
By Platform | Blogging |
Videos | |
Infographics | |
Case Studies | |
Others | |
By End-user Industry | Retail |
BFSI | |
Media and Entertainment | |
Telecom | |
Other End-user Industries | |
By Geography*** | North America |
Europe | |
Asia | |
Australia and New Zealand | |
Latin America | |
Middle East and Africa |
Content Marketing Market Research Faqs
What is the current Content Marketing Market size?
The Content Marketing Market is projected to register a CAGR of 14.75% during the forecast period (2024-2029)
Who are the key players in Content Marketing Market?
Adobe Inc., Contently Inc., HubSpot Inc., Brafton Inc. and Contentoo B.V. are the major companies operating in the Content Marketing Market.
Which is the fastest growing region in Content Marketing Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Content Marketing Market?
In 2024, the North America accounts for the largest market share in Content Marketing Market.
What years does this Content Marketing Market cover?
The report covers the Content Marketing Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Content Marketing Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Content Marketing Industry Report
Statistics for the 2024 Content ing market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Content ing analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.