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Email marketing has established itself as one of the most effective digital marketing channels for businesses around the globe. With its ability to reach a wide audience, build relationships, and generate significant returns on investment, understanding the intricacies of email marketing is crucial.
There’s no shortage of data on email marketing. However, sifting through the vast amount of information spread across numerous reports and websites can be quite a daunting task. That’s why we’ve compiled over 100 email marketing statistics, bringing together key insights on open rates, click-through rates, conversion rates, return on investment (ROI), and much more.
Email marketing is the most effective sales channel, with 55% of consumers making a direct purchase after receiving an email.
E-mail marketing revenue was estimated at over $10 billion in 2023.
Email marketing had an ROI of between $35 and $40 for every $1 spent in 2022.
The number of global email users will exceed 4.6 billion users in 2025.
In 2023, 10 am and 3:30 pm were the best times to send an email across industries.
Key Takeaways: Email Marketing in 2024
High ROI: Email marketing continues to offer a high return on investment, achieving between $35 and $40 for every $1 spent.
Widespread Use: Over 80% of industry professionals utilize email newsletters as part of their marketing strategies.
Growing Reach: The number of global email users is projected to exceed 4.6 billion by 2025, amplifying the potential reach of email marketing campaigns.
Email Marketing ROI Statistics
Over 80% of industry experts used e-mail newsletters as part of their marketing strategies in 2022.
Additionally, over 60% of marketers indicated that their email campaign open rates improved in 2022, demonstrating email marketing’s continued success as a digital marketing channel.
Email marketing can reduce an organization’s carbon footprint by up to 90%.
This is compared to traditional marketing methods such as direct mail.
24% of marketers identified measuring email ROI and performance as one of the top three challenges of email marketing.
70% of marketers monitor click-through rates (CTRs) to measure the success of their email campaigns, while 60% keep track of conversion rates.
Email marketing had an ROI of between $35 and $40 for every $1 spent in 2022.
This hasn’t changed much from 2015, when the data and marketing association reported that email had an average ROI of about $38.
At $45 for every $1 dollar spent the retail, e-commerce, and consumer goods industry had the highest ROI from email marketing.
This was followed by the marketing, PR, and advertising agencies sector, which got $42 for every $1 spent. At $36 for every $1, the software and technology industry came in third place.
In terms of ROI, Litmus discovered that marketers who:
Use A/B testing as part of their email program generate an ROI of 42:1, compared to an ROI of 23:1 for those who don’t.
Include dynamic content always generate an ROI of 42:1 compared to those who rarely do.
Leverage animated GIFs often see an ROI of 37:1 compared to an ROI of 18:1 for those who never do.
Use third-party analytics tools for their email programs report an ROI of 45:1 compared to 37:1 for those who don’t.
Leverage an extensive checklist for every email report an ROI of 40:1 compared to an ROI of 28:1 for those who don’t.
In a 2022 Statista poll, around 50% of marketing professionals surveyed reported a 2x improvement rate in their email marketing campaigns’ ROI.
As very few channels can compete with email marketing’s average return on investment (ROI), it remains a key part of any digital marketing strategy today.
Constant Contact analyzed over 200 million emails and as of June 2023, reported that the overall average open rate across all industries was 34.46%.
Email open rates refer to the percentage of recipients who open an email message compared to the total number of emails delivered to inboxes. Industry-wise, faith-based organizations recorded the highest average open rate of 44.11%, closely followed by childcare services at 43.87%.
Campaign Monitor analyzed over 100 billion emails sent across its platforms in 2021 and found that the average email open rate across all industries was 21.5% that year.
This reflects a 3.5% increase from 2020.
The same report revealed that the average email CTR was 2.3%, across all industries, down 0.3% from 2020.
Email click-through rate measures the percentage of email recipients who click on a link compared to the total number of delivered emails.
It also reported that the click-to-open rate was 10.5% across all industries in 2021, down 3.6% from 2020.
Click-to-open rate is a measure of the effectiveness of email campaigns based on the percentage of email recipients who clicked on a link within an email compared to the total number of email opens.
According to Netcore, the average inbox placement rate across industries was 92% in 2022.
The information tech and service industry had the highest inbox placement rate at 98%, while the media publishing industry had the lowest inbox placement rate at 73%. Inbox placement rate is used to measure the percentage of emails that successfully reach recipients’ inboxes as intended, without being filtered into spam or junk folders.
GetResponse analyzed almost 7 billion messages out of nearly 30 billion emails for its 2023 Email Marketing Benchmarks report and uncovered the following key insights regarding email security and privacy:
Apple’s Mail Privacy Protection (MPP) increased average email open rates by 7.14 percentage points and click-through rates by 0.13 percentage points.
The average email spam complaint rate fell below 0.01%.
The average bounce rate across industries was 1%.
High bounce rates (anything above 5%) can be extremely damaging to an email marketing campaign. The banking, mutual funds, and securities industry had the highest bounce rate at 2.7%, while the gaming industry had the lowest bounce rate at 0.2%.
The average unsubscribe rate across industries was 0.06%.
The dating industry had the highest unsubscribe rate at 0.37%, while edtech and educational institute industries had the lowest at 0.01%. Unsubscribe or churn rate refers to the rate at which the email recipients opt out of or unsubscribe from a brand’s mailing list as a percentage of the total number of subscribers on an email list. Generally, while a 5% annual churn rate is considered low, it is more favorable to ensure it is lower.
Email Marketing Effectiveness Statistics
According to Litmus’ 2023 State of Email Workflows report, email marketing was the most effective marketing channel according to 41% of all respondents.
This is followed by social media (16%), and paid search (16%). Email leads by a wide margin, with the average email team sending as many as 15 emails per month.
The Content Marketing Institute states that up to 69% of marketers use email marketing to promote content.
That makes email the third most popular content distribution channel, just behind company websites (90%) and blogs (78%).
RSS emails perform best, with an open rate of 44.54%, a CTR of 7.24%, and an unsubscribe rate of 0.05%.
In second place are autoresponder emails with an open rate of 35.9%, followed by triggered emails. While newsletters have the lowest open rates at 26.7%, they have the second lowest unsubscribe rate, at 0.09%.
Email type
Open Rate
Click-Through Rate
click-to-Open Rate
Unsubscribe Rate
Spam Rate
Bounce Rate
Triggered
35.33%
3.69%
10.44%
0.28%
0.01%
4.97%
Autoresponder
35.91%
4.26%
11.85%
0.21%
0.01%
2.03%
Newsletter
26.7%
2.13%
7.98%
0.09%
0%
3.27%
RSS
44.54%
7.24%
16.24%
0.05%
0%
0.8%
With a 94% open rate and a 31.43% CTR in 2023, the single email autoresponder cycle yielded the best results.
GetResponse’s research reveals that shorter email marketing drip campaigns tend to produce better results.
Number of Emails
Open Rate
Click-Through Rate
click-to-Open Rate
Unsubscribe Rate
1
94%
31.43%
33.43%
0.67%
2
67.59%
18.17%
26.88%
0.53%
3
54.69%
15.27%
27.92%
0.58%
4
70.03%
14.66%
20.93%
0.48%
5
52.88%
9.08%
17.17%
0.67%
The average open rate for all email newsletters sent in 2022 (27.9%) was almost 1.5x higher than in 2021 (19.3%).
While 46% of marketers in 2023 compared to 45.7% in 2022 opt to send one weekly newsletter, this yields the highest unsubscribe rates. GetResponse’s data shows that the lowest unsubscribe rates and the highest click-through rates are seen by marketers who send as many as 8 newsletters per week.
A 2022 Mailjet report found that 63% and 59% of marketers, respectively, believed content quality and personalization were critical to improving email engagement.
At 35%, responsive design took the third spot among marketers.
The same report reported the following email KPIs for all its respondents:
Return on investment – 36%
Conversion rates – 36%
Click-through rates – 36%
In a mobile-first world, the optimum subject line length with the highest open rates is 30-35 characters, including spaces.
According to Netcore’s report, lines beyond 36 characters automatically cut off the description and may negatively affect open rates. Meanwhile, GetResponse found that 61-70 characters yielded the highest open rates overall.
The use of emojis in mobile and email marketing messages has increased by 775% year-over-year. 56% of brands using emojis in their email subject lines had higher unique open rates.
By using emojis in place of words, or to complement words, marketers have introduced a new way to engage and connect with consumers.
Subject Line Characters
Delivered Rates
Open Rates
0 – 20
76.94
14.61
21 – 40
73.65
16.87
41 – 60
82.20
15.66
61 – 80
79.80
14.70
81 – 100
73.38
14.00
76% of email deliverability problems can be attributed to data issues.
While a host of factors such as volume, frequency, creatives, and bounces, affect email deliverability, unclean databases put brands on the blacklists of ISPs, undermine sender reputation, and derail marketing campaigns.
In 2022, nearly 49% of all e-mails worldwide were identified as spam, up from 46% in 2021.
Spam emails remain a large part of email traffic, but their share has declined significantly since 2011. In 2022, the highest volume of spam emails was registered in February, at about 53% of email traffic worldwide. The most common type of spam is marketing/advertising emails which account for nearly 36% of all spam emails.
Email Marketing Statistics by Industry
For its 2023 Email Benchmark Report, Netcore analyzed 100 billion emails and findings on email metric benchmarks from 7 regions and 20 industries.
The average open rate across industries was 24%.
In addition, the retail industry had the highest open rate at 51%, while the gaming industry had the lowest open rate at 12%.
The same report found that theaverage click rate across industries was 1%.
The dating industry had the highest click rate at 3.5%, while the gaming, loyalty, and medtech/ e-pharmacy industries had the lowest click rate, at 0.1%.
Further, the average click-to-open rate across industries was 3%.
The dating industry had the highest click-to-open rate, at 11%, while the retail industry had the lowest, at 0.5%.
2023 data by Brevo revealed that:
Emails from science-related organizations get the highest click rate and some of the lowest unsubscribe rates.
Emails from news and politics organizations have some of the highest bounce and unsubscribe rates.
The religion and spirituality industry has a very high open rate and click rate.
The sports and hobbies industry has some of the lowest bounce rates.
Industry
Open Rate
Click-Through Rate
Click-to-Open Rate
Unsubscribe Rate
Advertising and marketing
20.5%
1.8%
9.0%
0.2%
Agriculture, forestry, fishing, hunting
27.3%
3.4%
12.5%
0.3%
Consumer packaged goods
20%
1.9%
11.1%
0.1%
Education
28.5%
4.4%
15.7%
0.2%
Financial services
27.1%
2.4%
10.1%
0.2%
Restaurant, food, and beverage
18.5%
2.0%
10.5%
0.1%
Government and politics
19.4%
2.8%
14.3%
0.1%
Healthcare services
23.7%
3.0%
13.4%
0.3%
IT/tech/software
22.7%
2.0%
9.8%
0.2%
Logistics and wholesale
23.4%
2.0%
11.7%
0.3%
According to a 2022 Campaign Monitor report, the industries with the highest open rates in 2021 averaged between 25-28% and included:
Advertising and marketing – 20.5%
Agriculture, forestry, fishing, hunting – 27.3%
Consumer packaged goods – 20%
Education – 28.5%
Financial services – 27.1%
The same report also found that the industries with the highest click-through rates in 2021 averaged between 3-5% and included:
Advertising and marketing – 1.8%
Agriculture, forestry, fishing, hunting – 3.4%
Consumer packaged goods – 1.9%
Education – 4.4%
Financial services – 2.4%
The report further found that the top 5 industries with the highest click-to-open rates in 2021 averaged between 14-17% and included:
Advertising and marketing – 9%
Agriculture, forestry, fishing, hunting – 12.5%
Consumer packaged goods – 11.1%
Education – 15.7%
Financial services – 10.1%
B2B Email Marketing Data
Gartner surveyed over 400 CMOs and marketing leaders in 2023 and found that 41% planned to increase their email marketing investment.
Meanwhile, 19% planned to decrease their investment.
83% of B2B marketers used email engagement to track content performance in 2022.
However, according to Insider Intelligence, many marketers focus on the wrong metrics to gauge the success of their email campaigns.
According to Gartner, the most utilized digital channel for B2B marketing in 2022 was email marketing.
This was followed by social advertising and SEO, highlighting the effectiveness of these channels post-pandemic.
According to a 2021 Email Benchmarking report, for emails sent in a B2B context, email delivery rates stood at 99.2% in 2020, the highest registered since 2015. The same report also found that:
Open rates were 19.8% – a decrease from 20.3% in 2019.
Click rates were 2.9% – an increase from 2.5% in 2019.
Click-to-open rates were 13.9%.
According to Dream Data, email clicks account for over 40% of closed B2B deals.
B2B customer journeys take an average of 190 days from the first email click to the close of a deal. Meanwhile, only 6% of qualified leads have an email click as their first touch and 2% as their last touch. The percentage of email clicks increases as accounts move through the pipeline:
10% of the conversion stage.
29% of the “deal created” stage.
42% of the “deal closed” stage.
B2C Email Marketing Data
A 2023 survey by Digital Commerce 360 and Bizrate Insights found that email is still a major influence on online buying behavior.
Among survey respondents, 43% said emails suggesting items previously viewed were on sale were most influential. Other influential email types were:
Back-in-stock emails – 24%
Items left in one’s cart – 20%
Special offers within order and shipping confirmation emails – 13%
The same survey revealed that 50% of shoppers open email advertising at least daily.
Meanwhile, 25% view advertising emails at least a few times a week, 9% weekly, and 6% monthly.
It was also found that over 30% of online shoppers purchase at least weekly due to email marketing.
16% of respondents reported doing so daily or even more. Furthermore, 20% purchased a few times a week, 23% did so monthly, and the remaining 32% a few times a year.
Promotion-driven emails and order-related communication saw the highest open rates.
The top-three email types were:
Messages about promotions and discounts – 50%
Shipping – 40%
Order confirmation – 38%
Research by Gartner found that 30% of marketers look to email marketing to drive sales conversions.
Additionally, 20% look to email marketing to increase customer loyalty and advocacy.
Brands in the top 20% of retail had over 1.4 million monthly site visits from email in 2021.
This is compared to just 212,000 in the travel and hospitality industry and 127,521 in the financial services sector.
According to Validity’s 2021 Email Benchmarking Report, the B2C email delivery rate fell from 98.8% in 2019 to 97.0% in 2020. The report also found that:
Open rates decreased from 20.6% in 2019 to 20.5% in 2020.
Click rates were 2.2% slightly up from 2019 rates.
Click-to-open rates declined to 9.3% from 12.2% in 2019.
According to Netcore, the email unsubscribe rate for e-commerce businesses was 338 per 100,000 users in 2020.
The industry with the highest unsubscribe rate was the entertainment industry with 979 per 100,000 users, while the industry with the lowest unsubscribe rates was the telecom industry with 777 per 100,000 users.
Constant Contact surveyed thousands of consumers to discover the reasons they unsubscribed from emails and found that:
69% felt they received too many emails from the business/organization.
56% felt the content they received was no longer relevant.
51% believed the content they received wasn’t what they expected.
E-commerce Email Marketing Data
Consumers purchasing via an email link spend on average 138% more than other customers.
Email marketing continues to drive revenue for e-commerce businesses as consumers tend to spend more when led to e-commerce sites via email links.
In 2022, the open rate for e-commerce email marketing campaigns was 22.94%.
This is compared to 10.16% in 2020.
E-commerce email click rates were 1.23% in 2022.
This is down from 1.37% in 2021.
E-commerce players achieved a click-to-conversion rate of approximately 56.8% for welcome messages in 2022.
Additionally, the rate for automated cart abandonment emails was recorded at 44.4%.
Conversion rates for e-commerce email marketing were 0.08% in 2022.
That represents a decrease from 0.10% in 2021. Despite the decline, e-commerce players experienced reasonable success with a 6.34% click-to-conversion rate for campaign emails.
Automated welcome emails sent by e-commerce players had a conversion rate of 3% in 2022.
Meanwhile, automated cart abandonment emails had a conversion rate of 2.39%.
According to Brevo, e-commerce businesses have the highest unsubscription rates.
However, they tend to have the lowest email bounce rates.
Non-profit Email Marketing Data
According to a 2023 report by Neon One, the average non-profit had an email list size of 4,191 contacts.
The average small nonprofit’s email list had 547 contacts while the average large nonprofit’s email list had 6,602 contacts.
The same report found that 50% of donors preferred email for receiving appeals and updates.
A further 26% of donors said email actually inspired them to give, outpacing social media, websites, and print materials.
The average nonprofit raised $5,598.51 per email campaign.
Small nonprofits raised around $3,500 while larger nonprofits raised over $6,500 per email campaign.
While larger nonprofits raised $0.88 per email contact, small nonprofits raised up to 6 times more.
The average small nonprofit raised up to $6.15 per email contact, compared to the industry average of $1.11 per email contact.
Meanwhile, the average nonprofit email open rate was 28.59%, up from around 26% in 2021.
That’s considerably higher than the 21% open rate for business/for-profit organizations as nonprofit audiences are generally more invested in the emails they receive. For smaller nonprofits, the open rate jumped to over 45%.
The average nonprofit’s click-through rate was 3.29%.
Small nonprofits have a click-through rate of 10.24% while larger nonprofits had a rate of 2.91%.
The report also found that the bounce rate for the average nonprofit was around 1.72%.
This means for every 100 contacts on a list, fewer than two emails were undeliverable.
The average nonprofit’s unsubscribe rate was 0.19%.
This is consistent with the 0.17% – 0.2% unsubscribe rate for businesses/for-profit organizations across various industries.
Wednesdays and Fridays were the best days to send emails to engage donors.
The click-through rates for both days were 3.58% and 3.68% respectively.
The subject line emotions that prompted the best open rates were:
Relief
Gratitude
Pride
Excitement
Optimism
Email Marketing Statistics by Country
According to 2023 research by GetResponse, overall global click-through rates were lower compared to previous years.
Email marketers operating in Oceania, however, saw an open rate of up to 38%. However, 2022 was not a good year for South America, which saw significant drops in almost every metric, including unsubscribes, spam complaints, and bounce rates.
The Asia-Pacific region, in particular, had the highest email engagement rates, at 22.4%.
The region also had the highest unsubscribe rates at 0.3%. While email users in the region are now more open to email marketing, they’re also cautious about who they allow into their inboxes.
In Europe, North America, and Asia-Pacific, email marketing was the most widely used technology for customer engagement, at 77.6%.
This is compared to 62% for content management and 61% for social media.
Region
2022 Open Rate
2022 Click-Through Rate
2022 Click-to-Open Rate
2022 Unsubscribe Rate
America
21.0%
2.2%
10.4%
0.1%
UK
22.9%
2.4%
10.6%
0.1%
European Union
22.1%
2.2%
10.7%
0.2%
Asia-Pacific
22.4%
3.0%
13.4%
0.3%
Africa
19.14%
1.16%
6.08%
0.08%
GetResponse found that Asia had the following email marketing KPIs in 2022:
An open rate of 19.14%
A click-through rate of 1.46%
A click-to-open rate of 7.64%
An unsubscribe rate of 0.06%
A spam rate of 0%
A bounce rate of 2.17%
The same research found that Africa and the Middle East had the following email marketing KPIs in 2022:
An open rate of 19.12%
A click-through rate of 1.16%
A click-to-open rate of 6.08%
An unsubscribe rate of 0.08%
A spam rate of 0%
A bounce rate of 0.86%
As of January 2023, the country with the highest number of spam emails sent per day worldwide was the US, with around 8 billion.
Czechia and the Netherlands came in second and third, with 7.7 billion and 7.6 billion, respectively.
North America Email Marketing Stats
55% of US consumers make a direct purchase after receiving an email.
This makes email marketing one of the most effective sales channels.
As of April 4, 2023, the United States was the country with the highest number of emails sent daily.
Almost 10 billion emails were sent in the US. The United Kingdom, Belgium, the Netherlands, Japan, India, and Germany each had 8.3 billion emails sent per day.
According to a 2022 survey, 25% of consumers in the US stated they were likely to purchase a product after receiving an email newsletter.
However, email marketing acceptance varies according to age. 10% of US Millennials and another 36% of US Gen Zs were very unlikely to make purchases after receiving an email. Additionally, 79% of Millennials stated they liked being contacted by brands via email. The same was true for 57% of Gen Zs.
GetResponse found that North America had the following email marketing KPIs in 2022:
An open rate of 31.02%
A click-through rate of 2.96%
A click-to-open rate of 9.56%
An unsubscribe rate of 0.09%
A spam rate of 0%
A bounce rate of 4.92%
Compared to the US, Canada had higher open rates, click-through rates, and click-to-open rates in 2022.
However, unsubscribe rates were lower in the US.
EU Email Marketing Stats
In the United Kingdom, Belgium, the Netherlands, and Germany, 8.3 billion emails were sent per day as of April 2023. In the EU, the Netherlands had the highest open rates at 45.68% followed by France at 40.27% and Belgium at 34.66%.
Belgium had the highest click-through rates at 4.5% while Ukraine had the lowest unsubscribe rates at 0.12%
Data from Validity shows that average inbox placement rates for UK senders were 87%.
That’s 4% above the global average and reflects the effects of the GDPR on open rates over the past three years. Additionally, based on an average revenue per email of 10p, poor inbox placement costs UK senders £13,000 per million emails sent.
2023 Research by GetResponse found that Europe had the following email marketing KPIs in 2022:
An open rate of 30.69%
A click-through rate of 2.34%
A click-to-open rate of 7.61%
An unsubscribe rate of 0.13%
A spam rate of 0.01%
A bounce rate of 2.07%
When is the Best Time to Send an Email?
For maximum engagement, the two best time slots to send an email according to GetResponse are:
Early in the morning between 4 and 6 am
Later in the afternoon between 5 and 7 pm
To improve opens and clicks, emails should be sent right before recipients wake up or just as they’re about to finish work for the day. During these times, inboxes tend to be less cluttered, and marketers have a higher chance of capturing audiences’ attention.
When it comes to the best day and time to send an email, a 2023 Moosend study found that Thursday is the best weekday in terms of the highest open rate. Additionally, between 8 and 9 am is the best time of the day to send them.
After 6 pm open rates start to decline.
Tuesday is the second-best day.
Saturday has the lowest average open rate.
2023 research by Omnisend also stated that the best time to send an email was 8 pm, 2 pm, or 5 pm.
The best days to send an email are Tuesday for high open rates, and Friday for high conversions.
The best days of the month to send an email are at the beginning of the month, the 10th for open rates, the 2nd for click rates, and the 1st for conversion rates.
Generally, the beginning and end of the month tend to see better email performance. However, this will vary from month-to-month depending on holidays and weekends.
2022 Research by Campaign Monitor echoes the data above. Based on global averages, these are the worst-performing days for sending emails:
Sunday (20.3%) – worst day with the lowest email open rates.
Saturday and Sunday (2.1%) – worst day with lowest click-through rates.
Friday, Saturday, and Sunday (10.1%) – worst day with the lowest click-to-open rates.
Industry
Best Day to Send an Email
Worst Day to Send an Email
Banking/mutual funds/securities
Wednesday
Saturday
E-commerce/e-grocery/e-fashion
Monday
Saturday
Financial services
Tuesday
Sunday and Saturday
Foodtech/delivery
Tuesday
Thursday
Gaming
Tuesday
Thursday
Loyalty
Sunday
Thursday
Tools and accessories
Saturday
Thursday
Travel/tourism
Saturday
Monday and Tuesday
According to Brevo, the two best times to send an email across industries, are 10 AM and 3:30 PM as of July 2023.
B2B emails sent on Mondays and Tuesdays get the most opens.
For marketing services, emails sent on Wednesdays have the most opens.
For offline retailers, emails sent on Thursdays have the most opens.
For e-commerce, SaaS, and NGOs, emails sent on Tuesdays and Thursdays have the highest open rates.
For its 2023 State of Email Marketing report, Mailmodo surveyed over 150 marketers and discovered that 35.3% of respondents said Tuesday is the best day to send emails.
Fewer than 10% find weekends to be the best days to send emails.
Emails get the most attention (19.66%) within the first hour of arriving in a recipient’s inbox.
Up to 50% of all opens happen within the first eight hours. Timing is even more important when it comes to clicks — 32% of all clicks occur within the first hour of the delivery, and more than 50% of all interactions happen within the first four hours of delivery.
Hours
% of All Email Opens
Cumulative %
% of All Email Clicks
Cumulative %
0
19.66%
19.66%
31.95%
31.95%
1
7.99%
27.65%
7.76%
39.71%
2
5.48%
33.13%
5.41%
45.12%
3
4.43%
37.56%
4.31%
49.43%
4
3.69%
41.24%
3.46%
52.89%
5
3.16%
44.41%
2.81%
55.71%
6
2.78%
47.18%
2.36%
58.07%
7
2.49%
49.67%
2.05%
60.12%
8
2.24%
51.91%
1.78%
61.9%
Email Marketing Tools Data
According to Datanyze, the global email marketing industry consists of 471,773 companies and 233 of these companies produce email marketing technologies.
Mailchimp holds 66.19% of the email total email market. This is followed by:
Klaviyo which holds 9.5%
Constant Contact which holds 5.9%
Mailjet which holds 3.77%
MailerLite which holds 2.25%
As of 2023, an average of 347.3 billion emails are sent and received per day.
This represents a 4.3% increase from 2022 and is set to exceed 361.6 billion in 2024.
39.4% of marketers sent 1-4 emails per month, on average, to subscribers in 2022.
36% sent between 4 to 8 emails while over 24% sent over 8 emails per month.
At 83%, newsletters were the most common email marketing campaign sent in 2022.
The second and third most common types of campaigns sent were promotional (72%) and welcome emails (71%).
Litmus analyzed over 19 billion email opens in 2022 to determine where subscribers read their emails. The breakdown of market share for email clients on mobile and desktop put Apple Mail in the lead at 59.8%.
In second place was Gmail with 27.6% of all opens, followed by Outlook with a share of 4%.
According to Mailmodo, 31.3% of marketers sent interactive emails in 2022.
That’s an improvement of 7.3% from 24% of marketers in 2021. Of these marketers, 34.29% used a no-code tool/editor to create interactive or AMP emails. The common widget included was forms, which was used in 581 million emails.
According to Fortune Business Insights, key developments in the email marketing industry between 2020 and 2022 include:
In August 2022, Klaviyo collaborated with Shopify to serve as an email solution partner for Shopify Plus.
In October 2021, MailChimp launched Content Optimizer, an AI-based tool focused on refining email strategies for businesses.
In April 2021, Oracle launched Eloqua, an automated B2B marketing tool providing real-time data, sales tools, lead scoring, and more.
Email Marketing Automation Data
According to Litmus, marketers in 2022 used automation for the following:
Onboarding or post-purchase emails – 55%
Subscriber reengagement – 32%
Customer reactivation or win-back – 31%
Checking against spam filters was another common automated process. The top tools email marketers are using for this are:
Google Postmaster Tools – 28%
MailReach – 26%
Fresh Address – 26%
In addition to fully automated sequences, individual emails were also automated. The most common were:
Birthday anniversaries, or other milestones -48%
Subscriber reengagement – 34%
Rating, review, or net promoter score (NPS) – 31%
The most popular project management tools email teams used to automate tasks were:
Slack – 33%
Other – 32%
Jira – 26%
Asana – 19%
Trello – 17%
The Future of Email Marketing
Statista estimates that the email marketing market could grow at a CAGR of 13.3% and exceed $17.9 billion by 2027.
As of 2023, email marketing revenue is estimated at over $10 billion. This is up $2.5 billion from 2020 when the global email marketing market was valued at $7.5 billion.
The number of email users will grow to 4.6 billion in 2025.
In 2020, there were four billion global email users.
It is estimated that 376 billion emails will be sent and received daily in 2025.
According to Statista, approximately 306 billion emails were sent and received every day worldwide in 2020 alone.
As of 2023, 95% of users do not click on website redirect links placed inside emails.
Netcore states that static emails with CTA links have become obsolete. Today, users prefer the ease of interactive AMP emails. AMP components allow brands to create an app-like framework and get users to accomplish tasks within emails. Research by Validity shows that AMP-enabled emails are approximately 20% more likely to convert.
Other ways to increase email marketing effectiveness in 2023 and beyond include:
BIMI adoption: Brand Indicators for Message Identification display certified brand logos and assure recipients that emails are from a verified source. As of 2023, around 90% of all email subscribers will now be able to see approved sender logos in their email inboxes.
Utilizing zero-party data: Zero-party data or data that a customer intentionally and proactively shares allows email marketers to target users more effectively.
Using AMP to optimize email interactivity through functionality like carousels, list builders, live content, and even interactive games. Marketers stand to benefit from reduced friction in their conversion funnels, which will positively impact ROI.
Final Thoughts
Email marketing continues to assert its value as an indispensable tool for businesses aiming to connect with their audiences effectively.
With an impressive ROI and increasing global user base, email strategies are not just surviving but thriving in the digital age.
The ability to personalize content and measure the impact of campaigns ensures that email marketing remains relevant, dynamic, and highly effective in achieving diverse marketing goals.
FAQs
How effective are emails in marketing?
Email marketing is up to 40 times more effective than social media and speeds the buying process up to 3 times faster than social media.
Why should a business use email marketing?
A business should use email marketing as it is one of the most effective ways to generate sales, enhance customer engagement, acquire customers, create brand awareness, and reward customer loyalty.
What are the four types of marketing email?
The four types of marketing emails are email newsletters, acquisition emails, retention emails, and promotion emails.
Emily Dean is a Monash University Business Science graduate with a diverse writing portfolio that spans Statistics, Business, Digital Marketing, Technology, and more. She offers astute insight and actionable business guidance based on strong research, educating audiences on how to apply data and trends to their operations.
Having worked in academia for 9 years, Emily leverages her strong research background to stay on the cutting edge of sectors including AI, commerce, and environmental issues, ensuring Business2Community readers have the insights to make data-driven decisions. Whether it's diving into data pools, or fishing for statistical gems, she ventures beyond the surface to transform complex data into enlightening, digestible content.
Emily also lends her expertise to publications such as Technopedia and ICObench, providing timely, data-backed perspectives that resonate with business and tech audiences.