Market Overview:
The global Account-Based Marketing (ABM) Market is projected to grow at a CAGR of 14.9%, reaching $3.9 billion by 2030. As businesses increasingly focus on enhancing ROI and customer engagement, ABM is becoming a key strategy, particularly for B2B companies. Approximately 99% of marketers report higher ROI using ABM strategies, according to the Information Technology Services Marketing Association (ITSMA). Companies are shifting toward hyper-personalization and social selling strategies, using AI-driven tools and data analytics to target individual accounts with tailored content. This is reshaping the marketing landscape, especially in sectors like IT, manufacturing, and healthcare.
Regional Insights:
The U.S. leads the market, driven by its status as a global business hub and home to major technology companies like Hubspot. In 2023, North America contributed 39.28% to the global ABM market. With the rising globalization of the IT sector, the demand for ABM solutions in the region is expected to grow at a CAGR of 13% during the forecast period. Europe and APAC are also witnessing significant growth, with countries like Germany, the U.K., and China adopting ABM to enhance B2B customer engagement and ROI.
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Scope of the Report:
Recent Developments:
- 6Sense launched its AI-driven ABM platform, which focuses on immediate account-oriented tasks to drive business growth.
- Hubspot introduced new ABM tools aimed at integrating sales and marketing channels for improved collaboration and customer insights.
ABM Market: Competitive Landscape
The ABM market is competitive, with key players focusing on product innovation, strategic partnerships, and geographical expansion. Major companies include: 6sense, Act-On Software, Adaptive Intelligence, Celsius Gkk International, Drift, Hubspot, Radius Intelligence, Engagio, SourceMedia, and Jabmo.
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