Multi-level Marketing Software Market By Deployment (Web-based & Installed and Cloud Based), By End-Use (Wellness, Cosmetics & Personal Care, Household Goods/Durables, Financial Services, and Others), By Application (Small and Medium Enterprises and Large Enterprises) – Growth, Future Prospects and Competitive Analysis, 2019 - 2027

Increasing Network Marketing to Boost the Growth of the Multi-Level Marketing Software Market

The global multi-level marketing software market is expected to grow at a CAGR of 8.3% during the forecast period from 2019 to 2027. The anticipated growth will be driven by the rising network marketing market worldwide. Network marketing has grown by more than 60% since 2009, reaching US$ 189.6 billion in 2017, up from US$ 117.0 billion in 2009.

Multi-level marketing software has various features, such as worldwide accessibility, report management, and payout management, which helps network marketing companies manage in-house operations. As a consequence of the aforementioned factors, we are expecting healthy growth in the multi-level marketing software market during the forecast period.

Market Synopsis

Wellness Segment to Dominate Throughout the Forecast Period

In 2018, the wellness segment held the highest market share in the global multi-level marketing software market, accounting for 34% of the market's revenue. Owing to rising health and wellness concerns worldwide, the wellness and cosmetics, and personal care segments are growing.

Major network marketing companies have an exhaustive portfolio of wellness, cosmetics, and personal care products. For instance, Amway Corporation's product portfolio has more than 60% wellness and cosmetics, and personal care products. Thus, we are expecting the wellness segment to retain its dominance throughout the forecast period.

Asia Pacific to Remain the Highest Revenue Contributor During the Forecast Period

Asia Pacific was the leader in the global multi-level marketing software market in 2018, accounting for more than 1/3 of the market's revenue. North America and Europe followed Asia Pacific with a revenue share of 20% and 19%, respectively. In Asia Pacific, China is the largest multi-level marketing software market owing to China's leading share in network marketing.

Other major growth factors include rising GDP, rising disposable income, and changing lifestyles in the Asia Pacific emerging economies such as China and India. As a consequence of all these factors, we are expecting the Asia Pacific to be the fastest-growing region during the forecast period.

Some of the prominent players operating in the multi-level marketing software market include MultiSoft Corporation, Netsoft, Inc., Pro MLM Software, International Direct Selling Technology Corporation (IDC), ARM MLM, Xennsoft LLC, SocialBug, Compusult Systems, Inc., InfoTrax Systems, and Techbase Solution Sales Management System, among others.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027,considering 2018as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The multi-level marketing software market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global multi-level marketing software market based on deployment, end-use, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report.

• What was the multi-level marketing software market size in 2018 and the forecast up to 2027?
• Which is the largest regional market for multi-level marketing software?
• What are the major trends in overall multi-level marketing software across various regions?
• What are the key market trends and high-growth opportunities observed in the multi-level marketing software market?
• What are the drivers of the multi-level marketing software market?
• Which are the leading multi-level marketing software vendors worldwide?
• What are the key strategies adopted by the leading multi-level marketing software vendors?

Unique data points of this report

• Statistics on digital marketing software worldwide
• Recent trends across different regions in terms of the adoption of multi-level marketing software
• Notable ongoing developments in the multi-level marketing software industry
• Attractive investment propositions for different segments of the multi-level marketing software market
• Comparative scenario for all the segments for years 2018 (actual) and 2027 (forecast)

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