Spotlight

Report:

Magic Quadrant for Multichannel Marketing Hubs

How does Gartner define the Multichannel Marketing Hubs market in 2024?

Gartner defines multichannel marketing hubs (MMHs) as software applications that orchestrate personalized communications to individuals in common marketing channels. MMHs optimize the timing, format and content of interactions through the analysis of customer data, audience segments and offers. MMHs are foundational for multichannel marketing, customer journey orchestration and next best action programs.

Key Facts for Magic Quadrant for Multichannel Marketing Hubs in 2024

Strategic Planning Assumptions

No strategic planning assumptions provided.

How was the Multichannel Marketing Hubs market evolved in 2024?

What product features are required to be included in this year's evaluation?

What are the common features of top products in the Multichannel Marketing Hubs space?

Scope Exclusions

Inclusion Criteria

Vendors must, among other requirements:

Ability to Execute — Relative Weighting

Completeness of Vision — Relative Weighting

FAQs

Q: What does this research cover?

A: This research covers the Multichannel Marketing Hub (MMH) market, evaluating 16 vendors across their ability to execute and completeness of vision. It defines MMHs as software applications that orchestrate personalized communications to individuals across common marketing channels, optimizing timing, format, and content through customer data analysis. The report includes vendor assessments positioned in four quadrants (Leaders, Challengers, Visionaries, and Niche Players), detailed vendor strengths and cautions, market trends including GenAI capabilities and prescriptive intelligence, and comprehensive inclusion criteria and evaluation methodology. The research also covers must-have, standard, and optional MMH capabilities including customer profile management, campaign and journey management, multichannel execution, advanced data management, and analytics.

Q: Who should use this research?

A: This research should be used by digital marketing leaders and B2C marketers responsible for delivering revenue and engaging experiences, particularly those in consumer-focused business units within financial services, media, retail, and similar industries. Marketing buyers can use this to identify suitable MMH solutions based on their specific needs for multichannel marketing, customer journey orchestration, and next best action programs. The research helps assess vendors' capabilities for essential workflows including profile and audience management, campaign and journey building, measurement and campaign optimization, and analysis and program optimization. Marketing operations leaders can use this to evaluate how vendors align with their organization's technical requirements, change management capabilities, and strategic technology partnerships. The Magic Quadrant positioning and detailed vendor assessments help prospective buyers conduct informed evaluations, develop RFPs, and select providers that match their current campaign management needs and future journey orchestration goals.

Q: What are the mandatory features of vendors included in this market?

A: To be included in this Magic Quadrant, vendors must provide three essential capabilities: (1) Customer profile management - the ability to integrate multiple customer data feeds into unified, persistent customer profiles that enable campaign management, journey orchestration and channel execution; (2) Campaign and journey management - user-friendly workflows for planning, designing, testing and versioning both event-based journeys and targeted multichannel campaigns suitable for nontechnical marketing users; and (3) Multichannel execution and measurement - the ability to deploy and measure personalized messages across at minimum email, SMS/mobile messaging, and advertising in walled garden destinations (Google and Meta), plus five additional advanced channels from categories like mobile apps, web personalization, social media, direct mail, paid media, consumer messaging platforms, or other services.

Q: What are some reasons for not being included in this report?

A:

  • Insufficient revenue or customer base (not meeting minimum thresholds of $30M+ revenue or 350+ customers)
  • Below-average growth metrics (combined revenue growth and profit margin below 40%)
  • Low average contract values (below $90,000 ACV)
  • Insufficient software revenue mix (less than 70% from software/SaaS)
  • Limited geographic presence (fewer than 60% of customers in NA/EMEA, or presence in fewer than 2 regions)
  • Low market interest (not ranking in top 30 of Customer Interest Indicator)
  • Inadequate partner ecosystem for technology extensions or services
  • Missing essential functionality (customer profile management, campaign/journey management, or multichannel execution)
  • Insufficient channel support (not supporting all basic channels and at least 5 advanced channels)
  • Limited integration capabilities (fewer than 5 adjacent solution category integrations)
  • Inability to validate inclusion criteria or non-responsiveness to Gartner requests

Q: What differentiates Ability to Execute vs. Completeness of Vision?

A: Ability to Execute evaluates vendors on current capabilities, market presence, and operational effectiveness - focusing on product quality, viability, sales execution, pricing, market responsiveness, customer experience, and operations. Completeness of Vision assesses vendors' ability to articulate future market direction and innovation - focusing on market understanding, product strategy, business model, vertical strategy, innovation investments, and geographic expansion plans. Execution emphasizes present performance while Vision emphasizes future potential and strategic direction.

Reference

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