Adoption of The Internet of Things Is Pushing The Cloud-based Email Tracking Software Demand | Fact.MR

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As per a recent report published by Fact.MR, the global email tracking software market is poised to grow at a CAGR of 9.1% from 2022 to 2032. During the said forecast period, the industry is likely to yield a dollar opportunity worth US$ 14.5 Billion, expected to close at a valuation of US$ 25 Billion. Extensive migration to cloud-based platforms is necessitating the deployment of email tracking software solutions.

Due to factors such as an increase in the number of email tracking and hosted service providers, the worldwide email tracking software industry is predicted to rise significantly over the forecast period.

The demand for email tracking software is being driven significantly by the rapid digitalization of an expanding number of internet users. From 2015 to 2021, the market for email tracking software grew at a CAGR of 9.7%, closing at a value of US$ 9.6 Billion. As of 2022, the industry is likely to reach US$ 10.5 Billion.

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Country-wise Forecast CAGRs for the Email Tracking Software Market

Country CAGR
U.S 8.9%
U.K 7.8%
China 8.5%
Japan 7.6%
South Korea 7.0%

Key Segments Covered in the Email Tracking Software Market Study

  • Email Tracking Software by Deployment mode :
    • Cloud-based Email Tracking Software
    • On-premises Email Tracking Software
  • Email Tracking Software by Software Subscription :
    • Monthly Email Tracking Software
    • Quarterly Email Tracking Software
    • Annual Email Tracking Software
  • Email Tracking Software by End Users :
    • Large Enterprises
    • Small Enterprises
  • Email Tracking Software by Email Service Type :
    • Web-based Email Tracking Software
    • Client-based Email┬áTracking Software

Key Takeaways from the Market Study

  • Global email tracking software market to flourish 2.4x from 2022-2032
  • Cloud based to be top deployment mode category, flourishing at an 8.9% CAGR until 2032
  • By end users, email tracking software solutions for large enterprises to expand at a CAGR of 8.4%
  • U.S to emerge as the fastest growing email tracking software market, documenting an 8.9% CAGR
  • China to be the 2nd most opportunistic market, expected to be valued at US$ 1.7 Billion in 2032
  • U.K, Japan & South Korea to yield $ opportunities worth US$ 1Billion, US$ 1.4 Billion and US$ 845.5 Million respectively