Frost Radar in the Marketing Automation Solutions Market

Information Technology Frost Radar in the Marketing Automation Solutions Market

A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines


RELEASE DATE
30-Jul-2019
REGION
Global
DELIVERABLE TYPE
Frost Radar

RESEARCH CODE
K39C-01-00-00-00
SKU
IT03907-GL-MR_23452
Yes
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Frost Radar in the Marketing Automation Solutions Market
Published on: 30-Jul-2019 | SKU: IT03907-GL-MR_23452

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This Frost Radar focuses on the global marketing automation solutions market and related research with a base year of 2018. Marketing automation solutions, by definition, comprise platforms that automate marketing and sales activities to drive revenue growth and empower organizations to make data-driven decisions. A marketing automation solution consists of four functions: campaign management, sales enablement, lead management, and data and analytics. Marketing automation solutions differ from marketing process automation solutions, customer relationship management, and digital asset management and email marketing software. Marketing automation solutions serve the small and medium-sized business segment and the enterprise segment. This Frost Radar is an accompaniment to a Frost & Sullivan research report on the global marketing automation solutions market. The market is crowded with at least 42 vendors in the space; only 15 are examined in this Frost Radar due to company eligibility and timeliness of company briefings to acquire the company profile. Vendors profiled are Marketo, HubSpot, Pardot, Oracle Eloqua, Keap, Braze, Sharpspring, Net-Results, Impartner, Zift Solutions, Mindmatrix, Act-On Software, Lead Liaison, SAP Marketing Cloud, and IBM Watson. Market growth is attributed to adoption by small and medium-sized businesses over enterprises. Marketers are adopting the solutions to try to make sense of unlimited amounts of customer data and turn this data into actionable, intelligent leads and lead scoring for sales enablement. Marketers are also evolving into an omnichannel approach to reach customers from all sides and create a seamless, consistent customer experience and journey. However, marketing automation solutions have not reached their full potential of adoption because of some potential customers are unaware of the benefits, and the perception that the solution is too complicated for companies, particularly smaller ones, to use. These factors will not remain impactful for long. North America/Latin America is the dominant market region, followed by EMEA (Europe, the Middle East, and Africa) and Asia-Pacific. Frost & Sullivan research indicates that the Asia-Pacific region will be the slowest to adopt as businesses continue to lean on low labor costs instead of multichannel marketing automation solutions. Competition will be based on breadth of functions and integrations, particularly with vertical-specific integrations. Advances in analytics, especially predictive analytics, will be especially important to customers. Indirect sales through partners and system integrators will continue to be central to growth.

The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.

Industry Overview

Industry Overview (continued)

Industry Overview (continued)

Industry Overview (continued)

The Frost Radar

Frost Radar—Description of Companies Plotted

Frost Radar—Description of Companies Plotted (continued)

Frost Radar—Description of Companies Plotted (continued)

Frost Radar—Description of Companies Plotted (continued)

Marketo by Adobe

HubSpot

Oracle Eloqua

Pardot by Salesforce

Act-On Software

IBM Watson

Keap

SAP Marketing Cloud

Lead Liaison

Mindmatrix

Zift Solutions

Impartner

Net-Results

Braze

Sharpspring

The Last Word—Key Takeaways

Legal Disclaimer

Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform

Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)

Frost Radar—C2A

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

  • Market Share (previous 3 years)
    This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.
  • Revenue Growth (previous 3 years)
    This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.
  • Growth Pipeline
    This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.
  • Vision and Strategy
    This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision?
  • Sales and Marketing
    This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

  • INNOVATION SCALABILITY
    This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.
  • RESEARCH AND DEVELOPMENT
    This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.
  • PRODUCT PORTFOLIO
    This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.
  • MEGATRENDS LEVERAGE
    This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.
  • CUSTOMER ALIGNMENT
    This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

  • GROWTH POTENTIAL
    Your organization has significant future growth potential, which makes it a Company to Action.
  • BEST PRACTICES
    Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.
  • COMPETITIVE INTENSITY
    Your organization is one of the key drivers of competitive intensity in the growth environment.
  • CUSTOMER VALUE
    Your organization has demonstrated the ability to significantly enhance its customer value proposition.
  • PARTNER POTENTIAL
    Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.

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This Frost Radar focuses on the global marketing automation solutions market and related research with a base year of 2018. Marketing automation solutions, by definition, comprise platforms that automate marketing and sales activities to drive revenue growth and empower organizations to make data-driven decisions. A marketing automation solution consists of four functions: campaign management, sales enablement, lead management, and data and analytics. Marketing automation solutions differ from marketing process automation solutions, customer relationship management, and digital asset management and email marketing software. Marketing automation solutions serve the small and medium-sized business segment and the enterprise segment. This Frost Radar is an accompaniment to a Frost & Sullivan research report on the global marketing automation solutions market. The market is crowded with at least 42 vendors in the space; only 15 are examined in this Frost Radar due to company eligibility and timeliness of company briefings to acquire the company profile. Vendors profiled are Marketo, HubSpot, Pardot, Oracle Eloqua, Keap, Braze, Sharpspring, Net-Results, Impartner, Zift Solutions, Mindmatrix, Act-On Software, Lead Liaison, SAP Marketing Cloud, and IBM Watson. Market growth is attributed to adoption by small and medium-sized businesses over enterprises. Marketers are adopting the solutions to try to make sense of unlimited amounts of customer data and turn this data into actionable, intelligent leads and lead scoring for sales enablement. Marketers are also evolving into an omnichannel approach to reach customers from all sides and create a seamless, consistent customer experience and journey. However, marketing automation solutions have not reached their full potential of adoption because of some potential customers are unaware of the benefits, and the perception that the solution is too complicated for companies, particularly smaller ones, to use. These factors will not remain impactful for long. North America/Latin America is the dominant market region, followed by EMEA (Europe, the Middle East, and Africa) and Asia-Pacific. Frost & Sullivan research indicates that the Asia-Pacific region will be the slowest to adopt as businesses continue to lean on low labor costs instead of multichannel marketing automation solutions. Competition will be based on breadth of functions and integrations, particularly with vertical-specific integrations. Advances in analytics, especially predictive analytics, will be especially important to customers. Indirect sales through partners and system integrators will continue to be central to growth. The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
More Information
Deliverable Type Frost Radar
No Index No
Podcast No
Author Melody Siefken
Industries Information Technology
WIP Number K39C-01-00-00-00
Is Prebook No
GPS Codes 9523-D1,9705-C1,9A3C-D1