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Global Influencer Marketing Platform Market to reach USD 41.9 billion by 2027.

Global Influencer Marketing Platform Market Size study, by Component (Solution and Services) Application (Search and discovery, Campaign management, Influencer relationship management, Analytics and reporting, and others) Organization Size (Large Enterprises, Small and Medium size enterprises) End Use (Fashion and lifestyle, Agencies and PR, Retail and Consumer goods, Health and Wellness, Ad-tech, Banking and Finance, and Others) and Regional Forecasts 2021-2027

Product Code: ICTEITS-66153354
Publish Date: 17-07-2021
Page: 200

Global Influencer Marketing Platform Market is valued approximately USD 6 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 32% over the forecast period 2021-2027. Influencer marketing has quickly gone from being a trendy term to being integrated into conventional branding methods. It combines the concepts of traditional celebrity endorsements with modern content-driven marketing strategies. In recent years, marketers have begun to go beyond traditional celebrities for product endorsements, collaborating with online celebrities/influencers. This is a direct result of these influencers’ growing number of social media followers and their capacity to affect their followers’/fans’ purchasing habits. The increasing usage of the internet for advertising techniques has transformed corporate models and created new revenue streams. 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. Marketers and brands can create more targeted advertising campaigns by leveraging these promotion strategies, improving customer experience and business relationships. Consumer demand is driven by product authenticity and the availability of dependable goods and services. Customers are constantly being forced to acquire things via traditional marketing and promotion approaches. Traditional methods can result in a negative brand image. Furthermore, consumers’ transition to the over-the-top (OTT) sector and other social media channels has decentralized the consumer base across channels, resulting in expensive marketing costs and no return on investment (ROI). As a result, businesses are increasingly implementing successful marketing strategies that reach end consumers without disturbing them. Influencer marketing is one of the most effective marketing tactics for reaching direct customers via macro and micro influencers and forming strong bonds between customers and brands. Customers trust brands that are backed by celebrities, bloggers, vloggers, and well-known individuals via social media channels. According to ClickZ, 22% of consumers in the 18–34 age bracket bases their purchasing decisions on celebrity endorsements. According to the figures above, organizations’ brand image might be harmed if they betray their customers’ confidence. By providing quality and transparency, businesses have a significant opportunity to win consumer trust and acquire new customers.

The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Influencer Marketing Platform Market. In 2020, North America dominated the global market, with much more revenue than other regions. COVID-19 has impacted the United States severely, 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 module manages resources in platform development, AI-based analytics, and digital marketing creates a favorable environment for growth of the market.

Major market player included in this report are:
IZEA Worldwide
Quotient Technology Inc.
Launchmetrics
JuliusWorks Inc.
Traackr Inc.
Upfluence Inc.
Klear
AspirelQ
CreatorIQ
Mavrck
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed inRoute of Administration about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Solutions
Services
By Application:
Search and discovery
Campaign management
Influencer relationship management
Analytics and reporting
Compliance management and fraud detection
Others
By Organization size:
Large enterprises
Small and medium sized enterprises (SMEs)
By End user:
Fashion and lifestyle
Agencies and PR
Retail and consumer goods
Health and wellness
Ad-tech
Banking and finance
Travel and tourism
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027

Target Audience of the Global Influencer Marketing Platform Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Influencer Marketing Platform Market, by Region, 2019-2027 (USD Billion)
1.2.2. Influencer Marketing Platform Market, by Component, 2019-2027 (USD Billion)
1.2.3. Influencer Marketing Platform Market, by Application, 2019-2027 (USD Billion)
1.2.4. Influencer Marketing Platform Market, by Organization Size, 2019-2027 (USD Billion)
1.2.5. Influencer Marketing Platform Market, by End User, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Influencer Marketing Platform Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Influencer Marketing Platform Market Dynamics
3.1. Influencer Marketing Platform Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Consumers are shifting towards text-based content or video-based content in the OTT market.
3.1.1.2. Increasing utilization of ad-blocking software
3.1.2. Market Challenges
3.1.2.1. Rising number of fake followers.
3.1.3. Market Opportunities
3.1.3.1. Utilization of influencer marketing platforms to build consumer trust and develop a fresh brand image
Chapter 4. Global Influencer Marketing Platform Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Influencer Marketing Platform Market, by Component
1.1. Market Snapshot
1.2. Global Influencer Marketing Platform Market by Component, Performance – Potential Analysis
1.3. Global Influencer Marketing Platform Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
1.4. Influencer Marketing Platform Market, Sub Segment Analysis
1.4.1. Solutions
1.4.2. Services
Chapter 2. Global Influencer Marketing Platform Market, by Application
2.1. Market Snapshot
2.2. Global Influencer Marketing Platform Market by Application, Performance – Potential Analysis
2.3. Global Influencer Marketing Platform Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
2.4. Influencer Marketing Platform Market, Sub Segment Analysis
2.4.1. Search and discovery
2.4.2. Campaign management
2.4.3. Influencer relationship management
2.4.4. Analytics and reporting
2.4.5. Compliance management and fraud detection
2.4.6. Others
Chapter 3. Global Influencer Marketing Platform Market, by Organization Size
3.1. Market Snapshot
3.2. Global Influencer Marketing Platform Market by Organization Size, Performance – Potential Analysis
3.3. Global Influencer Marketing Platform Market Estimates & Forecasts by Organization Size 2018-2027 (USD Billion)
3.4. Influencer Marketing Platform Market, Sub Segment Analysis
3.4.1. Large Enterprises
3.4.2. Small and medium sized enterprises
Chapter 4. Global Influencer Marketing Platform Market, by End User
4.1. Market Snapshot
4.2. Global Influencer Marketing Platform Market by End User, Performance – Potential Analysis
4.3. Global Influencer Marketing Platform Market Estimates & Forecasts by End User 2018-2027 (USD Billion)
4.4. Influencer Marketing Platform Market, Sub Segment Analysis
4.4.1. Fashion and lifestyle
4.4.2. Agencies and PR
4.4.3. Retail and consumer goods
4.4.4. Health and wellness
4.4.5. Ad-tech
4.4.6. Banking and finance
4.4.7. Travel and tourism
4.4.8. Others
Chapter 5. Global Influencer Marketing Platform Market, Regional Analysis
5.1. Influencer Marketing Platform Market, Regional Market Snapshot
5.2. North America Influencer Marketing Platform Market
5.2.1. U.S. Influencer Marketing Platform Market
5.2.1.1. Component breakdown estimates & forecasts, 2018-2027
5.2.1.2. Application breakdown estimates & forecasts, 2018-2027
5.2.1.3. Organization Size breakdown estimates & forecasts, 2018-2027
5.2.1.4. End User breakdown estimates & forecasts, 2018-2027
5.2.2. Canada Influencer Marketing Platform Market
5.3. Europe Influencer Marketing Platform Market Snapshot
5.3.1. U.K. Influencer Marketing Platform Market
5.3.2. Germany Influencer Marketing Platform Market
5.3.3. France Influencer Marketing Platform Market
5.3.4. Spain Influencer Marketing Platform Market
5.3.5. Italy Influencer Marketing Platform Market
5.3.6. Rest of Europe Influencer Marketing Platform Market
5.4. Asia-Pacific Influencer Marketing Platform Market Snapshot
5.4.1. China Influencer Marketing Platform Market
5.4.2. India Influencer Marketing Platform Market
5.4.3. Japan Influencer Marketing Platform Market
5.4.4. Australia Influencer Marketing Platform Market
5.4.5. South Korea Influencer Marketing Platform Market
5.4.6. Rest of Asia Pacific Influencer Marketing Platform Market
5.5. Latin America Influencer Marketing Platform Market Snapshot
5.5.1. Brazil Influencer Marketing Platform Market
5.5.2. Mexico Influencer Marketing Platform Market
5.6. Rest of The World Influencer Marketing Platform Market

Chapter 6. Competitive Intelligence
6.1. Top Market Strategies
6.2. Company Profiles
6.2.1. IZEA Worldwide
6.2.1.1. Key Information
6.2.1.2. Overview
6.2.1.3. Financial (Subject to Data Availability)
6.2.1.4. Product Summary
6.2.1.5. Recent Developments
6.2.2. Quotient Technology Inc.
6.2.3. Launchmetrics
6.2.4. JuliusWorks Inc.
6.2.5. Traackr Inc.
6.2.6. Upfluence Inc.
6.2.7. Klear
6.2.8. AspireIQ
6.2.9. CreatorIQ
6.2.10. Mavrck
Chapter 7. Research Process
7.1. Research Process
7.1.1. Data Mining
7.1.2. Analysis
7.1.3. Market Estimation
7.1.4. Validation
7.1.5. Publishing
7.2. Research Attributes
7.3. Research Assumption

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