Press release
Customer Data Platform Market 2023 Recent Developments and Top Most Key Players - Oracle, Adobe, Salesforce
Download Sample Copy of Report @ https://www.thebrainyinsights.com/enquiry/sample-request/12554
Customer Data Platform Market by Component (Solution, Services), Deployment Type (On Premise, Cloud), Application, Industry Vertical, Regions, and Global Forecast 2021-2028
Some of the major companies in the global customer data platform market are Oracle, Adobe, Salesforce, Microsoft, SAS, Teradata, Dun & Bradstreet, Leadspace, Zylotech, CaliberMind, Tealium, AgilOne, BlueConic, Lytics, IgnitionOne, and Amperity among others. The key players are now concentrating on implementing strategies such as adopting new technology, product innovations, mergers & acquisitions, joint venture, alliances and partnerships to improve their market position in the global customer data platform industry. For instance, in September 2019, Oracle Corporation and Deloitte Digital announced the collaboration to help the brands to enhance the customer interaction with the help of enterprise-class Customer Data Platform (CDP) capabilities and demonstrated technology and business expertise.
The component segment is divided into solution and services. The solution segment dominated the global customer data platform market and held the largest market share of 79.25% in the year 2020, owing to increase the adoption of solution across the enterprises. The deployment segment is classified into cloud and on-premise. The on-premise segment held the major market share of 65.26% in the year 2020, due to the rising deployment of on-premise customer data platforms solution across the globe. The application segment includes personalized recommendations, predictive analytics, marketing data segmentation, customer retention and engagement, security management and others. Customer retention and engagement segment is projected to grow at the highest CAGR of 35.75% over the forecast period. Rising adoption of customer data platform for customer retention and acquisition is boosting the growth of the market.
Get complete report details @ https://www.thebrainyinsights.com/report/customer-data-platform-market-12554
The industry vertical segment classified into BFSI, retail and ecommerce, media and entertainment, travel and hospitality, it & telecom, healthcare, and others. Retail and e-commerce segment dominated the global customer data platform market and valued at USD 705.98 million in the year 2020. This is mainly due to the increasing demand to deliver the personalized experience to the customers.
Global customer data platform market is witnessing a rapid growth owing to increasing adoption of this solution in various enterprises. In addition to this, the rising trend to offer the personalized service to the customers is also one of the factors driving the demand for customer data platform. Furthermore, increasing spending on marketing and customer engagement programs is boosting the growth of the market. However, increasing concern about customer data and privacy may limit the growth of the market over the forecast period.
Get Discount on Buying this Report @ https://www.thebrainyinsights.com/buy-now/12554/single
About The Brainy Insights:
The Brainy Insights is a market research company, aimed at providing actionable insights through data analytics to companies to improve their business acumen. We have a robust forecasting and estimation model to meet the clients' objectives of high-quality output within a short span of time. We provide both customized (clients' specific) and syndicate reports. Our repository of syndicate reports is diverse across all the categories and sub-categories across domains. Our customized solutions are tailored to meet the clients' requirement whether they are looking to expand or planning to launch a new product in the global market.
Media Contact
Avinash D
Organization: The Brainy Insights
Phone: +1-315-215-1633
Email: sales@thebrainyinsights.com
Web: www.thebrainyinsights.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Customer Data Platform Market 2023 Recent Developments and Top Most Key Players - Oracle, Adobe, Salesforce here
News-ID: 3144394 • Views: …
More Releases from The Brainy Insights
Generative AI Market : Transforming the Future of Human Creativity and Productiv …
Generative AI Market : Transforming the Future of Human Creativity and Productivity
Introduction
The global Generative AI market is expected to grow from USD 11.77 billion in 2023 to USD 256.72 billion by 2033, at a CAGR of 36.10% during the forecast period 2024-2033.
In recent years, Generative AI has moved from science fiction to the center of digital innovation. From crafting human-like text to generating artwork, music, code, and even realistic videos,…
The Future of Generative AI: Growth, Innovation, and Market Projections
The generative AI market is experiencing rapid growth, driven by technological advancements and increasing adoption across various industries. Here's an overview of the market, including recent developments, drivers, restraints, regional segmentation, emerging trends, top use cases, major challenges, and attractive opportunities.
https://www.thebrainyinsights.com/report/generative-ai-market-13297
The global Generative AI market is expected to grow from USD 11.77 billion in 2023 to USD 256.72 billion by 2033, at a CAGR of 36.10% during the forecast period…
Regtech Industry Forecasted to Reach $99.28 Billion by 2033
The Brainy Insights estimates that the USD 12.92 billion in 2023 global Regtech market will reach USD 99.28 billion by 2033. With the help of Regtech Solutions, the financial sector has remained a primary focus. Yet, a new expanding trend is associated with the non-financial sphere, including healthcare and pharmaceuticals, energy and telecommunication industries. Increased regulatory demands in these industries also promise to provide opportunities for Regtech vendors to produce…
Camping Tent Market Key Companies Growth by 2032 - Boffi, Scavolini S.P.A, Tuppe …
Global Camping Tent market report is a well-conceived and accurately delivered market intelligence report depicting crucial elements across the current and historic market states that play a crucial role in influencing unfaltering forecast and predictions in the Camping Tent market.
The report is so designed to address the crucial facets of the market such as market dimensions and size, market trends, investment strategies, pricing structure and driver specific analytical review that…
More Releases for Customer
Customer Satisfaction Research Firm Will Improve Customer Satisfaction and Reduc …
Online surveys showed to find out customer satisfaction are progressively important for current businesses and companies. Presently, the online customer satisfaction surveys are inextricably associated to business practices, marketing programs as well as other initiatives focused at achieving customer engagement.
A customer satisfaction research firm has a number of benefits that contemporary companies recognise; benefits that have been proved in the course of duration. Customer satisfaction surveys are not only tools…
Customer Satisfaction Research Firm, Customer Satisfaction Survey Companies, Cus …
Customer feedback is one of the most imperious aspects of developing your customer experience. Only if you have measurable data on how well your consumer like your product or service, will you be able to make communicative enhancements to their end-user experience. And a great manner to gather feedback and determine the customer satisfaction levels is by exploiting the customer satisfaction surveys. A customer feedback questions is a questionnaire put together…
Customer Product Satisfaction Survey, Customer Satisfaction Survey Companies, Cu …
Today than ever before, the customer satisfaction is more important. Provided the great number of choices customers have in almost every market, entities that attend to their customers have a distinct advantage. A Customer Satisfaction Survey is an irreplaceable tool for both small business owners and large entities. Customer Satisfaction Survey Questions can support to determine how consumers are feeling about an organization's customer service, products, web experience and services.…
Customer Feedback Survey, Client Satisfaction Survey, Customer Experience Survey …
The voice of the customer is the most important. As brands seek to differentiate themselves and dominate in a competitive market--it is something that they aim to most pay attention to. The goal is to create products and services that not only fill a gap, but provide a key value to the customer’s way of life. Something that goes the distance in creating a measurable and noticeable difference--and provides a…
Customer Product Satisfaction Survey, Customer Experience Survey, Customer Satis …
Quality, effectiveness, service, and steadfastness are the terms we often hear when we deliberate customer satisfaction. Smart businesses know, recollecting a customer is an art. But businesses also require starting measuring customer satisfaction to know customer loyalty and a simple manner of measuring this is arranging a customer satisfaction survey.
However, even after spending so much time, money and exertions, organizations experience a few consumers slipping away. The appropriate practice here is…
Customer Satisfaction Survey Companies | Customer Satisfaction Survey Report | C …
A survey conducted to obtain the feedback from the consumers is very much essential. It is very much essential to know the demands of consumers especially for the small organizations, so that they can produce the products to fulfill the requirements of their consumers and thereby build consumer loyalty and boost the sales. A survey to control the requirements of consumers is of the paramount importance for the growth and…
