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Customer Data Platform Market Size, Share, and Analysis, By Component (Platform and Services), By Application (Personalized Recommendations, Predictive Analysis, Marketing Data Segmentation, Customer Retention & Engagement, Security Management, and Others), By Vertical (BFSI, Retail & E-commerce, Media & Entertainment, Travel & Hospitality, Telecom & IT, and Others), By Capability (Open Access, Real-Time Analytics, Audience Management, and Identity Management), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

June 2024 | 467 pages | ID: CDDE780BA31FEN
Fatpos Global

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Customer Data Platform Market Size, Share, and Analysis, By Component (Platform and Services), By Application (Personalized Recommendations, Predictive Analysis, Marketing Data Segmentation, Customer Retention & Engagement, Security Management, and Others), By Vertical (BFSI, Retail & E-commerce, Media & Entertainment, Travel & Hospitality, Telecom & IT, and Others), By Capability (Open Access, Real-Time Analytics, Audience Management, and Identity Management), and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034

PRODUCT OVERVIEW

Customer Data Platform Market is anticipated t%li%exhibit a Compound Annual Growth Rate (CAGR) of 30.8% during the forecast span from 2024 t%li%2034. In 2023, the market size was assessed at USD 4.9 billion and is projected t%li%reach USD 93.4 billion by the completion of 2034.

Customer Data Platform or CDP refers t%li%a centralized hub which is used for consolidating and organizing customer data that is sourced from diverse channels like websites, mobile apps, emails, and transactions. Its primary function is t%li%create unified customer profiles by merging individual data points, that enables companies t%li%gain insights int%li%customer behaviors and choices. CDP uses advanced analytics and machine learning methods, which facilitate customer segmentation and personalized marketing strategies. Moreover, unlike conventional customer relationship management systems, CDPs are proficient at handling vast volumes of real-time data from multiple sources. This capability empowers marketers t%li%craft targeted and engaging campaigns, which ultimately improves customer satisfaction and driving revenue. Therefore, CDP play an essential role for businesses t%li%deliver personalized experiences by using up-to-date and holistic customer data, which encourage strong customer relationships and competitive advantage.

MARKET HIGHLIGHTS

Customer Data Platform Market is projected t%li%reach USD 93.4 billion over the forecast period, due t%li%rising need for personalized marketing and better customer experiences. This expansion of the CDP market is attributed t%li%several factors, such as the proliferation of digital channels, increasing customer expectations for personalized interactions, and changing data privacy regulations which demands centralized data management solutions. Additionally, industries are realizing the significance of using customer data t%li%drive targeted marketing efforts and enhance customer segmentation. Therefore, CDP vendors are constantly innovating t%li%provide advanced functionalities such as artificial intelligence-based insights, along with real-time data processing, and smooth integrations with other marketing technologies. This competitive ecosystem presents promising opportunities for vendors t%li%meet the growing demand for data-driven marketing solutions and establish themselves as major players in the CDP market.

Customer Data Platform Market Segments:
  • By Component
  • Platform
  • Services
  • By Application
  • Personalized Recommendations
  • Predictive Analysis
  • Marketing Data Segmentation
  • Customer Retention & Engagement
  • Security Management
  • Others
  • By Vertical
  • BFSI
  • Retail & E-commerce
  • Media & Entertainment
  • Travel & Hospitality
  • Telecom & IT
  • Others
  • By Capability
  • Open Access
  • Real-Time Analytics
  • Audience Management
  • Identity Management
MARKET DYNAMICS

Growth Drivers

Growing Demand for Targeted Advertising will Generate Growth Opportunities

Stringent Data Privacy Regulations will Drive Market Expansion

Restraint

Integration Challenges Could Limit the Industry's Growth

Key Players
  • Salesforce
  • Adobe
  • Oracle
  • SAP
  • Microsoft
  • IBM
  • Google
  • SAS
  • Acquia
  • Segment
  • Tealium
  • BlueConic
  • Treasure Data
  • Optimizely
  • Redpoint Global
  • Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
Global Laboratory Temperature Control Units Market is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
Reasons t%li%Purchase this Report
  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
      • Indicates the region and segment that is expected t%li%witness the fastest growth as well as t%li%dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
    • The current as well as the future market outlook of the industry with respect t%li%recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
    • Provides insight int%li%the market through Value Chain
    • Market dynamics scenario, along with growth opportunities of the market in the years t%li%come
  • 3-month post-sales analyst support.
1.EXECUTIVE SUMMARY

1.1. Regional Market Share
1.2.Business Trends
1.3. Customer Data Platform Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot

2. RESEARCH METHODOLOGY

2.1.Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4.Primary Research
2.5.Secondary Research
  2.5.1.Paid Sources
  2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation

3. MARKET CHARACTERISTICS

3.1.Market Definition
3.2.Customer Data Platform Market: COVID-19 Impact
3.3. Key Segmentations
3.4.Key Developments
3.5.Allied Industry Data

4.CUSTOMER DATA PLATFORM MARKET – INDUSTRY INSIGHTS

4.1. Industry Segmentation
4.2.COVID-19 overview on world economy
4.3.Industry ecosystem Channel analysis
4.4.Innovation & Sustainability

5. MACROECONOMIC INDICATORS

6. RECENT DEVELOPMENTS

7. MARKET DYNAMICS

7.1.Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4.Market Restraints
7.5. Market Trends

8.RISK ANALYSIS

9. MARKET ANALYSIS

9.1.Porters Five Forces
9.2. PEST Analysis
  9.2.1.Political
  9.2.2. Economic
  9.2.3. Social
  9.2.4. Technological

10.CUSTOMER DATA PLATFORM MARKET

10.1.Overview
10.2. Historical Analysis (2019-2022)
  10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast

11. CUSTOMER DATA PLATFORM MARKET SIZE & FORECAST 2024A-2034F

11.1. Overview
11.2.Key Findings
11.3.Market Segmentation
  11.3.1. By Component
    11.3.1.1. Platform
      11.3.1.1.1.By Value (USD Million) 2024-2034F
      11.3.1.1.2. Market Share (%) 2024-2034F
      11.3.1.1.3. Y-o-Y Growth (%) 2024-2034F
    11.3.1.2.Services
      11.3.1.2.1. By Value (USD Million) 2024-2034F
      11.3.1.2.2.Market Share (%) 2024-2034F
      11.3.1.2.3.Y-o-Y Growth (%) 2024-2034F
  11.3.2. By Application
    11.3.2.1.Personalized Recommendations
      11.3.2.1.1. By Value (USD Million) 2024-2034F
      11.3.2.1.2.Market Share (%) 2024-2034F
      11.3.2.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.2.2. Predictive Analysis
      11.3.2.2.1.By Value (USD Million) 2024-2034F
      11.3.2.2.2. Market Share (%) 2024-2034F
      11.3.2.2.3. Y-o-Y Growth (%) 2024-2034F
    11.3.2.3. Marketing Data Segmentation
      11.3.2.3.1.By Value (USD Million) 2024-2034F
      11.3.2.3.2. Market Share (%) 2024-2034F
      11.3.2.3.3. Y-o-Y Growth (%) 2024-2034F
    11.3.2.4. Customer Retention & Engagement
      11.3.2.4.1.By Value (USD Million) 2024-2034F
      11.3.2.4.2. Market Share (%) 2024-2034F
      11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
    11.3.2.5. Security Management
      11.3.2.5.1.By Value (USD Million) 2024-2034F
      11.3.2.5.2. Market Share (%) 2024-2034F
      11.3.2.5.3. Y-o-Y Growth (%) 2024-2034F
    11.3.2.6. Others
      11.3.2.6.1.By Value (USD Million) 2024-2034F
      11.3.2.6.2. Market Share (%) 2024-2034F
      11.3.2.6.3. Y-o-Y Growth (%) 2024-2034F
  11.3.3.By Vertical
    11.3.3.1.BFSI
      11.3.3.1.1. By Value (USD Million) 2024-2034F
      11.3.3.1.2.Market Share (%) 2024-2034F
      11.3.3.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.3.2. Retail & E-Commerce
      11.3.3.2.1.By Value (USD Million) 2024-2034F
      11.3.3.2.2. Market Share (%) 2024-2034F
      11.3.3.2.3. Y-o-Y Growth (%) 2024-2034F
    11.3.3.3. Media & Entertainment
      11.3.3.3.1.By Value (USD Million) 2024-2034F
      11.3.3.3.2. Market Share (%) 2024-2034F
      11.3.3.3.3. Y-o-Y Growth (%) 2024-2034F
    11.3.3.4. Travel & Hospitality
      11.3.3.4.1.By Value (USD Million) 2024-2034F
      11.3.3.4.2. Market Share (%) 2024-2034F
      11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
    11.3.3.5. Telecom & IT
      11.3.3.5.1.By Value (USD Million) 2024-2034F
      11.3.3.5.2. Market Share (%) 2024-2034F
      11.3.3.5.3. Y-o-Y Growth (%) 2024-2034F
    11.3.3.6. Others
      11.3.3.6.1.By Value (USD Million) 2024-2034F
      11.3.3.6.2. Market Share (%) 2024-2034F
      11.3.3.6.3. Y-o-Y Growth (%) 2024-2034F
  11.3.4.By Capability
    11.3.4.1.Open Access
      11.3.4.1.1. By Value (USD Million) 2024-2034F
      11.3.4.1.2.Market Share (%) 2024-2034F
      11.3.4.1.3.Y-o-Y Growth (%) 2024-2034F
    11.3.4.2. Real-Time Analytics
      11.3.4.2.1.By Value (USD Million) 2024-2034F
      11.3.4.2.2. Market Share (%) 2024-2034F
      11.3.4.2.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.3. Audience Management
      11.3.4.3.1.By Value (USD Million) 2024-2034F
      11.3.4.3.2. Market Share (%) 2024-2034F
      11.3.4.3.3. Y-o-Y Growth (%) 2024-2034F
    11.3.4.4.Identity Management
      11.3.4.4.1.By Value (USD Million) 2024-2034F
      11.3.4.4.2. Market Share (%) 2024-2034F
      11.3.4.4.3. Y-o-Y Growth (%) 2024-2034F

12.NORTH AMERICA CUSTOMER DATA PLATFORM MARKET SIZE & FORECAST 2024A-2034F

12.1.Overview
12.2. Key Findings
12.3. Market Segmentation
  12.3.1.By Component
  12.3.2. By Application
  12.3.3. By Vertical
  12.3.4. By Capability
12.4. Country
  12.4.1. United States
  12.4.2. Canada

13.EUROPE CUSTOMER DATA PLATFORM MARKET SIZE & FORECAST 2024A-2034F

13.1.Overview
13.2. Key Findings
13.3. Market Segmentation
  13.3.1.By Component
  13.3.2. By Application
  13.3.3. By Vertical
  13.3.4. By Capability
13.4.Country
  13.4.1.Germany
  13.4.2. United Kingdom
  13.4.3. France
  13.4.4. Italy
  13.4.5. Spain
  13.4.6. Russia
  13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)

14.ASIA-PACIFIC CUSTOMER DATA PLATFORM MARKET SIZE & FORECAST 2024A-2034F

14.1. Overview
14.2. Key Findings
14.3.Market Segmentation
  14.3.1.By Component
  14.3.2. By Application
  14.3.3. By Vertical
  14.3.4. By Capability
14.4. Country
  14.4.1.India
  14.4.2. China
  14.4.3. South Korea
  14.4.4.Japan
  14.4.5.Rest of APAC

15.MIDDLE EAST AND AFRICA CUSTOMER DATA PLATFORM MARKET SIZE & FORECAST 2024A-2034F

15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
  15.3.1.By Component
  15.3.2. By Application
  15.3.3. By Vertical
  15.3.4. By Capability
15.4.Country
  15.4.1. Israel
  15.4.2. GCC
  15.4.3. North Africa
  15.4.4.South Africa
  15.4.5. Rest of Middle East and Africa

16. LATIN AMERICA CUSTOMER DATA PLATFORM MARKET SIZE & FORECAST 2024A-2034F

16.1.Overview
16.2. Key Findings
16.3. Market Segmentation
  16.3.1.By Component
  16.3.2. By Application
  16.3.3. By Vertical
  16.3.4. By Capability
16.4.Country
  16.4.1. Mexico
  16.4.2. Brazil
  16.4.3. Rest of Latin America

17. COMPETITIVE LANDSCAPE

17.1.Company market share, 2023
17.2. Key player overview
17.3. Key stakeholders

18. COMPANY PROFILES

18.1. Salesforce
  18.1.1.Company Overview
  18.1.2.Financial Overview
  18.1.3.Key Product; Analysis
  18.1.4.Company Assessment
    18.1.4.1.Product Portfolio
    18.1.4.2.Key Clients
    18.1.4.3. Market Share
    18.1.4.4. Recent News & Development (Last 3 Yrs.)
    18.1.4.5. Executive Team
18.2. Adobe
18.3. Oracle
18.4. SAP
18.5. Microsoft
18.6. IBM
18.7. Google
18.8. SAS
18.9. Acquia
18.10.Segment
18.11.Tealium
18.12. BlueConic
18.13. Treasure Data
18.14.Optimizely
18.15. Redpoint Global
18.16. Other Prominent Players

19. APPENDIX

20.CONSULTANT RECOMMENDATION



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