IndustrySci-Tech

Influencer Marketing Platform Market witness a healthy CAGR of 32.61% | Major Players IZEA., HYPR Brands the Influencer Marketplace, Traackr., InfluencerDB

Influencer Marketing Platform Market

Global Influencer Marketing Platform Market aspirants to acquire accessible and self-analyzed record along with graphs, charts, and tables. It gives significant specks of this Global Influencer Marketing Platform Market including development record, competitive landscape, market size, market share, important players, and significant geographic areas based on historical time span and forecast.  Few of the major competitors currently working in the global influencer marketing platform market are IZEA., HYPR Brands the Influencer Marketplace, Traackr., InfluencerDB, Launchmetrics, JuliusWorks, Inc, klear, Upfluence Inc., AspireIQ., Mavrck, ONALYTICA, Lumanu Inc, Lefty, LINQIA, INC., Social Beat, Buzzoole, Ifluenz

Global Influencer Marketing Platform Market is set to witness a healthy CAGR of 32.61% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for identifying right influencer and increasing demand for viable cloud-based biometrics solutions are the major factor for the growth of this market.

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Global Influencer Marketing Platform Market By Component (Solution, Services), Application (Search and Discovery, Campaign Management, Influencer Relationship Management, Analytics and Reporting, Compliance Management and Fraud Detection, Others), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), End- User (Fashion and Lifestyle, Agencies and Public Relations, Retail and Consumer Goods, Health and Wellness, Ad-Tech, Banking and Financial Institutes, Travel and Tourism, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Competitive Analysis

Global influencer marketing platform market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of influencer marketing platform market for global, Europe, North America, Asia-Pacific and South America.

Key Developments in the Market:

  • In March 2019, WeQ announced the launch of their new marketing agency which is specially designed for influencer marketing. The main aim of the launch is to help the brands and app developers to engage with high quality consumers. It will have transparent marketing approach at an affordable range.
  • In September 2015, TapInfluence announced the launch of their new influencer marketing automation platform TapFusion. This is specially designed to help all the brands and agencies in creating high value influencer market campaigns. This is a very good platform for the companies to reach their targeted customers further acting as an alternative for poor-performing marketing channels and digital ads

Major Market Competitors/Players

Few of the major competitors currently working in the global influencer marketing platform market are IZEA., HYPR Brands the Influencer Marketplace, Traackr., InfluencerDB, Launchmetrics, JuliusWorks, Inc, klear, Upfluence Inc., AspireIQ., Mavrck, ONALYTICA, Lumanu Inc, Lefty, LINQIA, INC., Social Beat, Buzzoole, Ifluenz, Pulpkey.com – Pulpkey MediaTech Pvt. Ltd., Socialbakers, TapInfluence, PUBLICFAST, Achoo Aps, KreedOn Techmeep Sports Pvt. Ltd. and others.

Market Definition: 

Influencer marketing platform is a solution which is specially designed to help the brand with its influencer marketing campaigns. They are widely used in applications such as campaign management, analytics and reporting, fraud detection, influencer relationship management etc. This platform helps in creating brand image among population and also helps in reaching the target audience.

Market Drivers:

  • Increasing interest in video based content among population is the factor fuelling the growth of the market
  • Rising adoption of influencer marketing platform will also act as a driver for this market
  • Growing need for big data analytics for influencer marketing will also propel the growth of the market
  • Rising need to create brand image is also driving the market

Market Restraints:

  • Less influence of campaign will also act as a restrain for this market.
  • Lack of technological awareness will hinder the growth
  • Availability of limited professional is also restraining the market growth

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Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved

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