The affiliate software market has seen considerable growth due to a variety of factors.
• The affiliate software market is projected to grow from $26.41 billion in 2024 to $29.09 billion in 2025 at a CAGR of 10.1%.
Growth is driven by the rise of e-commerce, increased competition among online retailers, the expansion of content sites and influencers, advancements in tracking technology, and the rise of mobile commerce.
The affiliate software market is expected to maintain its strong growth trajectory in upcoming years.
• The affiliate software market is projected to grow to $42.23 billion by 2029, at a CAGR of 9.8%.
This growth is driven by the rise of online businesses, the need for efficient management, increased digital marketing demand, and higher investment in advertising. Key trends include new technologies and platforms, performance-based marketing, data analytics, and AI integration.
The increasing e-commerce activities are expected to drive the growth of the affiliate software market. E-commerce, involving the online buying and selling of goods, has grown significantly due to factors such as convenience, scalability, and mobile commerce. Affiliate software helps streamline the tracking of sales links and codes, providing insights to optimize strategies for greater reach and revenue. For example, in November 2023, the International Trade Administration reported that e-commerce sales in Canada were expected to reach $40.3 billion by 2050, up from $2.34 billion in 2022. This growing e-commerce activity is driving the affiliate software market.
The affiliate software market covered in this report is segmented –
1) By Type: On-Premise, Cloud-Based
2) By Application: Small And Medium Enterprises, Large Enterprises
3) By End-User: Retailers, Publishers, Advertisers
Subsegments:
1) By On-Premise: Self-Hosted Solutions, Customizable On-Premise Software
2) By Cloud-Based: SaaS Affiliate Software, Cloud-Based Affiliate Management Platforms
Companies in the affiliate software market are developing new technologies like server parallel tracking to optimize affiliate marketing campaigns. For example, in May 2023, Affise, a Lithuania-based affiliate software company, launched server parallel tracking. This feature speeds up the affiliate marketing process by allowing redirects to occur in the background, improving efficiency and ensuring quicker access to the final landing page for users.
Major companies operating in the affiliate software market are:
• Awin Ltd.
• Impact Tech Inc.
• CJ Affiliate
• Pepperjam LLC
• Partnerize
• Rakuten AdvertisingIncome Access
• OSI Affiliate Software
• Omnistar Interactive LLC
• Refersion Inc.
• ClickInc
• AvantLink
• Pantastic
• Freedom
• Post Affiliate Pro
• Quality Unit LLC
• Everflow
• Affiliate Network
• Titan LLP
• HasOffers
• PayKickstart LLC
• LeadDyno LLC
• Tapfiliate
• Trackonomics Ltd.
• iDevAffiliate Inc.
North America was the largest region in the affiliate software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the affiliate software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.