HubSpot Named a Leader in the 2023 Gartner® Magic Quadrant™ for B2B Marketing Automation Platforms for the Third Consecutive Year
September 25 2023 - 12:48PM
Business Wire
HubSpot, the customer platform for scaling businesses, today
announced that it’s been placed in the Leaders Quadrant of 2023
Gartner Magic Quadrant for B2B Marketing Automation Platforms
report.* HubSpot was evaluated for Marketing Hub based on its
Completeness of Vision and Ability to Execute, and was named a
Leader in the category by Gartner for the third consecutive
year.
The way that companies find and engage with customers is
changing. From an unpredictable economy to the AI revolution,
marketers are under more pressure than ever to adapt. New channels
are emerging, while others are saturated, and 63% of businesses say
that previous growth strategies are now less effective.**
Today, scaling companies need a customer platform that empowers
connection across the entire customer journey—and it all starts
with world-class marketing tools. Marketing Hub, HubSpot’s
marketing software, is powered by its Smart CRM, unifying data and
leveraging HubSpot AI to help marketers craft personalized journeys
that attract, engage and delight customers and prospects. Customers
using Marketing Hub for six months have seen an 81% increase in
deal close rate, 108% increase in web traffic, and 115% increase in
leads.***
“With customer behavior evolving quickly, marketers need
connected tools and unified data to help them be more effective,”
said Nicholas Holland, VP Product, Marketing Hub, at HubSpot.
“We’re thrilled that Gartner has recognized us as a Leader for a
third consecutive year. HubSpot is committed to helping our
customers grow, and with launches like HubSpot AI Assistant, SMS
messaging, and robust consent features, we believe marketers can
trust HubSpot is always innovating on their behalf.”
Recent enhancements to Marketing Hub include:
- To help our customers navigate the increases in complexity,
we've brought them Customer Journey Analytics and SMS
messaging.
- To help them market in a privacy first world, we've brought
them an enhanced security center, ad conversion events and cookie
management.
- To help them unify their data, we've brought them custom object
builder, sophisticated segmentation and reporting, and deeper
integrations with Salesforce, Netsuite and Dynamics.
- To help them supercharge their productivity, we've incorporated
HubSpot AI throughout Marketing Hub so customers can use generative
AI to create campaigns, blogs, social posts, email subject lines,
images, and more in a flash.
- A full list of new features and a product roadmap for Marketing
Hub can be found here.
Magic Quadrant reports are a culmination of rigorous, fact-based
research in specific markets, providing a wide-angle view of the
relative positions of the providers in markets where growth is high
and provider differentiation is distinct. Providers are positioned
into four quadrants: Leaders, Challengers, Visionaries and Niche
Players. The research enables businesses to get the most from
market analysis in alignment with your unique business and
technology needs.
View a complimentary copy of the Magic Quadrant report to learn
more about Marketing Hub’s strengths and cautions, among other
providers’ offerings, here.
*Source: Gartner, “Magic Quadrant for B2B Marketing Automation
Platforms,” Rick LaFond, Matthew Wakeman, Jeffrey Cohen, Jeff
Goldberg, Alan Antin, 20 September 2023. **Marketing Research,
HubSpot, 2023 ***HubSpot, 2023
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permission. All rights reserved
About HubSpot
HubSpot (NYSE: HUBS) is the customer platform that helps your
business grow better. HubSpot delivers seamless connection for
customer-facing teams with a unified platform that includes
AI-powered engagement hubs, a Smart CRM, and a connected ecosystem
with over 1,500 App Marketplace integrations, a community network,
and educational content from HubSpot Academy. Today, over 184,000
customers, like DoorDash, Reddit, Eventbrite, and Tumblr, across
more than 120 countries use HubSpot to attract, engage, and delight
customers. Learn more at www.hubspot.com.
HubSpot has been recognized for its award-winning culture by
Glassdoor, Great Place to Work, Comparably, Fortune, Entrepreneur,
Inc., and more. HubSpot was founded in 2006 and is headquartered in
Cambridge, Massachusetts. The company’s thousands of employees work
across the globe in HubSpot offices and remotely.
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