Global Email Verification Tools Market Size By Product (Cloud-Based, Web-based), By Competitive Landscape, By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Email Verification Tools Market Size By Product (Cloud-Based, Web-based), By Competitive Landscape, By Geographic Scope And Forecast
Email Verification Tools Market Size And Forecast
Email Verification Tools Market size was valued at USD 124.95 Million in 2024 and is projected to reach USD 232.44 Million by 2031, growing at a CAGR of 8.90% from 2024 to 2031.
Email Verification Tools witnessing tremendous growth owing to the advancement in the technology and increasing number of users across the globe. In addition, digital transformation across the globe is another factor imposing a positive outlook on the growth of the market. The Global Email Verification Tools Market report offers a holistic evaluation of the market. The report provides a comprehensive analysis of key segments, drivers, restraints, trends, competitive landscape, and factors that are playing a vital role in the market.
Global Email Verification Tools Market Definition
Email verification is defined as a process that is used to serve the process of verifying the validity of an email address. This process includes email list cleaning and validation is a must-to-do task while performing email marketing. While writing an email address, anyone can make the mistake of writing an email address that makes it an invalid email address. The emails sent to these invalid email addresses get bounced and in turn, reduce the deliverability score during the email marketing campaigns. To get a positive ROI on email marketing campaigns, the email bounce rate should be reduced.
For minimizing the email bounce rate one should use email verification tools. The features of these tools include bot detection, email verification, mail list cleaning, bounce rate reduction, and email campaign tracking. Email verification tools help in ensuring that emails are deliverable, reduced bounces, and enhance email marketing and outreach campaign performance. Additionally, email verification tools are also useful in cleaning bots and inactive users from the mailing list to ensure that business emails hit real, active recipients and avoid the spam box.
What's inside a
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Global Email Verification Tools Market Overview
Email Verification Tools witnessing tremendous growth owing to the advancement in the technology and increasing number of users across the globe. In addition, digital transformation across the globe is another factor imposing a positive outlook on the growth of the market. Moreover, the tools are widely applicable to enhance operational efficiency. However, the high cost associated with the email verification tool and the security concerns is expected to hamper the growth of the market.
Email verification tool enables validation, cleaning of an email list, also verification of email ids. Additionally, some methods which are involved in the process are syntax check, disposable address detection, domain check, etc. Moreover, email verification is conducted in ways such as real-time verification with the help of API and verification for the bulk email list. Some of the features include a high rate of deliverability, which protects the sender’s reputation and domain score. Furthermore, the increasing usage of marketing and sales tools in the BFSI, IT & telecommunication sectors is expected to create numerous growth opportunities for the companies which are operating in the Email Verification Tools Market to increase their presence globally.
Global Email Verification Tools Market Segmentation Analysis
The Global Email Verification Tools Market is segmented on the basis of Product, And Geography.
Email Verification Tools Market, By Product
- Cloud-based
- Web-based
Based on Product, the market is bifurcated into Cloud-based and Web-based. Cloud-based accounted for the largest market share in 2021 and is projected to grow at the highest CAGR during the forecast period. The growth in the expandable level of data led to an upsurge in the demand for the cloud-based email verification system. Web-based email verification tools are utilized by companies unable to update the latest releases because of aspects such as customized software.
Email Verification Tools Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of the world
On the basis of Regional Analysis, the Global Email Verification Tools Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America accounted for the largest market share in 2021 and is projected to grow at the highest CAGR during the forecast period. Owing to the fact of early adoption of email validation services and solutions, the region is contributing to the largest growth in the market. However, saturation led to the development of new strategies to overcome the shortcoming in the market.
Key Players
The “Global Email Verification Tools Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as ZeroBounce, Twilio SendGrid, NeverBounce, Finder.io, Validity, Inc., HuBuCo Limited, Xverify Inc, and Debounce.io, among others. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis.
Key Developments
- Validity acquired an email verification network named BriteVerify.
- The company opened a new office in Utah, United States.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the global Global Email Verification Tools Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the global Global Email Verification Tools Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2031 |
Base Year | 2024 |
Forecast Period | 2024-2031 |
Historical Period | 2021-2023 |
Unit | Value (USD Million) |
Key Companies Profiled | ZeroBounce, Twilio SendGrid, NeverBounce, Finder.io, Validity, Inc., HuBuCo Limited, Xverify Inc, and Debounce.io. |
Segments Covered |
|
Customization scope | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
To Get Customized Report Scope-
Email Verification Tools Market Infographic
Research Methodology of Market Research
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our .
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as