The Influencer Marketing Platform market is expected to grow from USD 7.83 Billion in 2020 to USD 40.49 Billion by 2028, at a CAGR of 33.8% during the forecast period 2021-2028.
A software system developed to assist brands with their influencer marketing efforts is known as an influencer marketing platform. It combines the concepts of traditional celebrity endorsements with modern content-driven marketing strategies. In recent years, marketers have begun to go beyond conventional celebrities for product endorsements, collaborating with online celebrities/influencers.
Customers' easy access to high-speed, low-cost internet connections provides marketers with a new avenue to reach out to target groups, resulting in the emergence of influencer marketing strategies. Video consumption has increased dramatically in recent years due to the widespread usage of smartphones and 3G and 4G networks. This has been a significant driver for the global influencer marketing platform market. As a result, businesses are developing marketing strategies for video-based content streamed across many digital channels. Television viewership has dropped dramatically in the previous three years, with more people turning to social media sites like Facebook, YouTube, and Instagram. Furthermore, television viewing is reduced to half, video-based marketing grew from 60 to 85%, and global mobile video traffic has increased twice. These figures demonstrate how customers are increasingly turning to OTT and social media. On the other hand, organizations are unable to target their potential customers using traditional marketing strategies due to a decentralized consumer base. As a result, they're turning to influencer marketing, which allows them to target potential customers. Also, it is tough to measure campaign impact. Typically, brands run campaigns without considering essential factors such as end goals, geographic locations, and influencer types. Due to a lack of planning, campaigns are failing or providing limited results. This is restraining the market growth. On the other hand, effective marketing tactics that reach end consumers without disturbing them are increasingly adopted by businesses. Influencer marketing is one of the most effective marketing tactics for getting direct customers via macro and micro-influencers and forming strong bonds between customers and brands. This provides an opportunity for market growth in the coming years.
This study delivers a comprehensive analysis of application, end-use, and region. Based on the application, the Global Influencer Marketing Platform Market is segmented into Search and Discovery, Campaign Management, Influencer Relationship Management, Analytics and Reporting, Compliance Management and Fraud Detection, and Others. The Search and Discovery segment dominated the market with the largest market share in the year 2020. This is due to the growing desire from businesses to work with influencers to boost their digital advertising campaigns. The search and discovery tool has powerful search capabilities for locating relevant and useful influencers for marketing initiatives. Based on end-use, the Global Influencer Marketing Platform Market is segmented into Food & Entertainment, Sports & Fitness, Travel & Holiday, Fashion & Lifestyle, and Others. The Fashion & Lifestyle segment dominated the market with the largest market share in the year 2020. Fashion firms use influencers to promote new accessories and clothing, allowing individuals to keep up with fast fashion trends and ensure a steady cash stream. Furthermore, fashion and lifestyle enthusiasts enable businesses to develop new items by interacting with their audiences regularly and market them by sharing picture-perfect images, videos, and sponsored posts.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America dominated the market with the largest market share in 2020. COVID-19 has wreaked havoc on the United States, making it one of the worst-affected countries. This resulted in the acceptance of Work-From-Home (WFH) and, as a result, the use of social media and OTT platforms as forms of entertainment by individuals, allowing businesses to use influencer marketing to promote their products and services. Furthermore, the region's large skill pool in platform development, AI-based analytics, and digital marketing create a favorable environment for industry expansion. In comparison to the United States, many Canadian companies have yet to thoroughly investigate influencer marketing. This region is predicted to grow significantly in the future years.
The major market players in the global influencer marketing platform market include IZEA Worldwide, Quotient Technology Inc., Launchmetrics>, JuliusWorks, Inc., Traackr, Inc., Upfluence Inc., Klear, AspireIQ, CreatorIQ, Mavrck, Impact Tech, Inc., Brandwatch, Linqia, Inc., Onalytica, Social Beat Digital Marketing LLP, ExpertVoice Inc., Lefty, Lumanu Inc., InfluencerDB, Taggermedia, Heepsy, Fourstarzz Media LLC, Juulr B.V., Intellifluence, Insense Ads, Inc., Talent Village Ltd., The Room, Blogmint, Zine Ltd., and Captiv8 Inc.
Influencer Marketing Platform Market Analysis and Forecast, Application
Influencer Marketing Platform Market Analysis and Forecast, End-Use
Influencer Marketing Platform Market Analysis and Forecast, Region
Report Description:
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Application
4.3.2. Market Attractiveness Analysis By End-Use
4.3.3. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.2.1. Increasing use of mobile phones and internet.
5.2.2. Shifting consumer focus from traditional media to social media.
5.3. Restrains
5.3.1. The impact cannot be tracked.
5.4. Opportunities
5.4.1. It helps brands to create interactive advertisements.
5.4.2. Helps to create bond between brands and customers.
6. Global Influencer Marketing Platform Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Search and Discovery
6.3. Campaign Management
6.4. Influencer Relationship Management
6.5. Analytics and Reporting
6.6. Compliance Management and Fraud Detection
7. Global Influencer Marketing Platform Market Analysis and Forecast, By End-Use
7.1. Segment Overview
7.2. Food & Entertainment
7.3. Sports & Fitness
7.4. Travel & Holiday
7.5. Fashion & Lifestyle
8. Global Influencer Marketing Platform Market Analysis and Forecast, By Regional Analysis
8.1. Segment Overview
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. France
8.3.3. U.K.
8.3.4. Italy
8.3.5. Spain
8.4. Asia-Pacific
8.4.1. Japan
8.4.2. China
8.4.3. India
8.5. South America
8.5.1. Brazil
8.6. Middle East and Africa
8.6.1. UAE
8.6.2. South Africa
9. Global Influencer Marketing Platform Market-Competitive Landscape
9.1. Overview
9.2. Market Share of Key Players in Global Influencer Marketing Platform Market
9.2.1. Global Company Market Share
9.2.2. North America Company Market Share
9.2.3. Europe Company Market Share
9.2.4. APAC Company Market Share
9.3. Competitive Situations and Trends
9.3.1. Product Launches and Developments
9.3.2. Partnerships, Collaborations, and Agreements
9.3.3. Mergers & Acquisitions
9.3.4. Expansions
10. Company Profiles
10.1. IZEA Worldwide
10.1.1. Business Overview
10.1.2. Company Snapshot
10.1.3. Company Market Share Analysis
10.1.4. Company Product Portfolio
10.1.5. Recent Developments
10.1.6. SWOT Analysis
10.2. Quotient Technology Inc.
10.2.1. Business Overview
10.2.2. Company Snapshot
10.2.3. Company Market Share Analysis
10.2.4. Company Product Portfolio
10.2.5. Recent Developments
10.2.6. SWOT Analysis
10.3. Launchmetrics>
10.3.1. Business Overview
10.3.2. Company Snapshot
10.3.3. Company Market Share Analysis
10.3.4. Company Product Portfolio
10.3.5. Recent Developments
10.3.6. SWOT Analysis
10.4. JuliusWorks, Inc.
10.4.1. Business Overview
10.4.2. Company Snapshot
10.4.3. Company Market Share Analysis
10.4.4. Company Product Portfolio
10.4.5. Recent Developments
10.4.6. SWOT Analysis
10.5. Traackr, Inc.
10.5.1. Business Overview
10.5.2. Company Snapshot
10.5.3. Company Market Share Analysis
10.5.4. Company Product Portfolio
10.5.5. Recent Developments
10.5.6. SWOT Analysis
10.6. Upfluence Inc.
10.6.1. Business Overview
10.6.2. Company Snapshot
10.6.3. Company Market Share Analysis
10.6.4. Company Product Portfolio
10.6.5. Recent Developments
10.6.6. SWOT Analysis
10.7. Klear
10.7.1. Business Overview
10.7.2. Company Snapshot
10.7.3. Company Market Share Analysis
10.7.4. Company Product Portfolio
10.7.5. Recent Developments
10.7.6. SWOT Analysis
10.8. AspireIQ
10.8.1. Business Overview
10.8.2. Company Snapshot
10.8.3. Company Market Share Analysis
10.8.4. Company Product Portfolio
10.8.5. Recent Developments
10.8.6. SWOT Analysis
10.9. CreatorIQ
10.9.1. Business Overview
10.9.2. Company Snapshot
10.9.3. Company Market Share Analysis
10.9.4. Company Product Portfolio
10.9.5. Recent Developments
10.9.6. SWOT Analysis
10.10. Mavrck
10.10.1. Business Overview
10.10.2. Company Snapshot
10.10.3. Company Market Share Analysis
10.10.4. Company Product Portfolio
10.10.5. Recent Developments
10.10.6. SWOT Analysis
10.11. Impact Tech Inc.
10.11.1. Business Overview
10.11.2. Company Snapshot
10.11.3. Company Market Share Analysis
10.11.4. Company Product Portfolio
10.11.5. Recent Developments
10.11.6. SWOT Analysis
10.12. Brandwatch
10.12.1. Business Overview
10.12.2. Company Snapshot
10.12.3. Company Market Share Analysis
10.12.4. Company Product Portfolio
10.12.5. Recent Developments
10.12.6. SWOT Analysis
10.13. Linqia Inc.
10.13.1. Business Overview
10.13.2. Company Snapshot
10.13.3. Company Market Share Analysis
10.13.4. Company Product Portfolio
10.13.5. Recent Developments
10.13.6. SWOT Analysis
10.14. Onalytica
10.14.1. Business Overview
10.14.2. Company Snapshot
10.14.3. Company Market Share Analysis
10.14.4. Company Product Portfolio
10.14.5. Recent Developments
10.14.6. SWOT Analysis
10.15. Social Beat Digital Marketing LLP
10.15.1. Business Overview
10.15.2. Company Snapshot
10.15.3. Company Market Share Analysis
10.15.4. Company Product Portfolio
10.15.5. Recent Developments
10.15.6. SWOT Analysis
10.16. ExpertVoice Inc.
10.16.1. Business Overview
10.16.2. Company Snapshot
10.16.3. Company Market Share Analysis
10.16.4. Company Product Portfolio
10.16.5. Recent Developments
10.16.6. SWOT Analysis
10.17. Lefty
10.17.1. Business Overview
10.17.2. Company Snapshot
10.17.3. Company Market Share Analysis
10.17.4. Company Product Portfolio
10.17.5. Recent Developments
10.17.6. SWOT Analysis
10.18. Lumanu Inc.
10.18.1. Business Overview
10.18.2. Company Snapshot
10.18.3. Company Market Share Analysis
10.18.4. Company Product Portfolio
10.18.5. Recent Developments
10.18.6. SWOT Analysis
10.19. InfluencerDB
10.19.1. Business Overview
10.19.2. Company Snapshot
10.19.3. Company Market Share Analysis
10.19.4. Company Product Portfolio
10.19.5. Recent Developments
10.19.6. SWOT Analysis
10.20. Taggermedia
10.20.1. Business Overview
10.20.2. Company Snapshot
10.20.3. Company Market Share Analysis
10.20.4. Company Product Portfolio
10.20.5. Recent Developments
10.20.6. SWOT Analysis
10.21. Heepsy
10.21.1. Business Overview
10.21.2. Company Snapshot
10.21.3. Company Market Share Analysis
10.21.4. Company Product Portfolio
10.21.5. Recent Developments
10.21.6. SWOT Analysis
10.22. Fourstarzz Media LLC
10.22.1. Business Overview
10.22.2. Company Snapshot
10.22.3. Company Market Share Analysis
10.22.4. Company Product Portfolio
10.22.5. Recent Developments
10.22.6. SWOT Analysis
10.23. Juulr B.V.
10.23.1. Business Overview
10.23.2. Company Snapshot
10.23.3. Company Market Share Analysis
10.23.4. Company Product Portfolio
10.23.5. Recent Developments
10.23.6. SWOT Analysis
10.24. Intellifluence
10.24.1. Business Overview
10.24.2. Company Snapshot
10.24.3. Company Market Share Analysis
10.24.4. Company Product Portfolio
10.24.5. Recent Developments
10.24.6. SWOT Analysis
10.25. Insense Ads Inc.
10.25.1. Business Overview
10.25.2. Company Snapshot
10.25.3. Company Market Share Analysis
10.25.4. Company Product Portfolio
10.25.5. Recent Developments
10.25.6. SWOT Analysis
10.26. Talent Village Ltd.
10.26.1. Business Overview
10.26.2. Company Snapshot
10.26.3. Company Market Share Analysis
10.26.4. Company Product Portfolio
10.26.5. Recent Developments
10.26.6. SWOT Analysis
10.27. The Room
10.27.1. Business Overview
10.27.2. Company Snapshot
10.27.3. Company Market Share Analysis
10.27.4. Company Product Portfolio
10.27.5. Recent Developments
10.27.6. SWOT Analysis
10.28. Blogmint
10.28.1. Business Overview
10.28.2. Company Snapshot
10.28.3. Company Market Share Analysis
10.28.4. Company Product Portfolio
10.28.5. Recent Developments
10.28.6. SWOT Analysis
10.29. Zine Ltd.
10.29.1. Business Overview
10.29.2. Company Snapshot
10.29.3. Company Market Share Analysis
10.29.4. Company Product Portfolio
10.29.5. Recent Developments
10.29.6. SWOT Analysis
10.30. Captiv8 Inc
10.30.1. Business Overview
10.30.2. Company Snapshot
10.30.3. Company Market Share Analysis
10.30.4. Company Product Portfolio
10.30.5. Recent Developments
10.30.6. SWOT Analysis
List of Tables
1. Global Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
2. Global Search and Discovery Market, By region, 2018-2028 (USD Billion)
3. Global Campaign Management Market, By region, 2018-2028 (USD Billion)
4. Global Analytics and Reporting Market, By region, 2018-2028 (USD Billion)
5. Global Compliance Management and Fraud Detection Market, By region, 2018-2028 (USD Billion)
6. Global Influencer Relationship Management Market, By Region, 2018-2028 (USD Billion)
7. Global Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
8. Global Food & Entertainment Market, By region, 2018-2028 (USD Billion)
9. Global Sports & Fitness Market, By region, 2018-2028 (USD Billion)
10. Global Travel & Holiday Market, By region, 2018-2028 (USD Billion)
11. Global Fashion & Lifestyle Market, By region, 2018-2028 (USD Billion)
12. North America Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
13. North America Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
14. USA Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
15. USA Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion).
16. Canada Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
17. Canada Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
18. Mexico Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
19. Mexico Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
20. Europe Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
21. Europe Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
22. Germany Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
23. Germany Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
24. France Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
25. France Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
26. U.K. Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
27. U.K. Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
28. Italy Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
29. Italy Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
30. Spain Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
31. Spain Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
32. Asia Pacific Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
33. Asia Pacific Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
34. Japan Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
35. Japan Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
36. China Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
37. China Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
38. India Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
39. India Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
40. South America Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
41. South America Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
42. Brazil Influencer Marketing Platform Market, By Application , 2018-2028 (USD Billion)
43. Brazil Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
44. Middle East and Africa Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
45. Middle East and Africa Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
46. U.A.E. Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
47. U.A.E. Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
48. South Africa Influencer Marketing Platform Market, By Application, 2018-2028 (USD Billion)
49. South Africa Influencer Marketing Platform Market, By End-Use, 2018-2028 (USD Billion)
List of Figures
1. Global Influencer Marketing Platform Market Segmentation
2. Global Influencer Marketing Platform Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Influencer Marketing Platform Market Attractiveness Analysis By Application
9. Global Influencer Marketing Platform Market Attractiveness Analysis By End-Use.
10. Global Influencer Marketing Platform Market Attractiveness Analysis By Region
11. Global Influencer Marketing Platform Market: Dynamics
12. Global Influencer Marketing Platform Market Share by Application (2021 & 2028)
13. Global Influencer Marketing Platform Market Share by End-Use (2021 & 2028)
14. Global Influencer Marketing Platform Market Share by Region (2021 & 2028)
15. Global Influencer Marketing Platform Market Share by Company (2020)
Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.
Market research is valuable because of the following reasons:
Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.
Our market research process involves with the four specific stages.
Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:
Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:
Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.
This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.
Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.
Free Customization
Countries can be added on demand
Free yearly update on purchase of Multi/Corporate User License
Companies served till date
We serve our customers 24x7 for 365 days through calls, emails and live chat options.
Huge database of exceptional market reports bringing market intelligence to your fingertips.
SSL enabled, we offer you various secured payment options for risk free purchase.