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Global Recommendation Engine Market Size study, by Product Type (Collaborative Filtering, Content-based Filtering, Hybrid Recommendation), by Deployment (On-premise, cloud), by Application (Personalized Campaigns and Customer Delivery, Strategy Operations and Planning, Product Planning and Proactive Asset Management), by organization (SMEs, large enterprises) By end use (Information Technology, Healthcare, Retail, BFSI, Media & Entertainment, Others) and Regional Forecasts 2021-2027

September 2021 | 200 pages | ID: G14D13C9E1DAEN
Bizwit Research & Consulting LLP

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Global Recommendation Engine Market is valued approximately at USD 1.77 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 33.0% over the forecast period 2021-2027. A recommendation engine is data filtering tool which uses machine learning algorithms for recommending the relevant items to user. The global Recommendation Engine market is being driven by growing adoption of digital technologies among organizations and increase in need to enhance the customer experience. Furthermore, rise in technological advancement in data analytics, and rise in sales from e-commerce platforms will provide new opportunities for the global Recommendation Engine industry. For instance, according to statista, there has been rise in spending on digital transformation technologies and services year on year as in year 2019, the spending reaches to USD 1.18 trillion which increases to USD 1.31 trillion in year 2020 and it is projected to increase to USD 2.3 by year 2030. As a result, rise in spending on digital transformation, which will serve as a catalyst for the Recommendation Engine industry in the future. However, increase in concerns over the customers personal information, may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for the regional analysis of global recommendation engine market. The rapid adoption of advanced technologies and rise in government support for emerging technologies in makes the North America the leading region across the world in terms of market share. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to rising penetration of e-commerce, an upsurge in online shopping transactions, and an increase in the number of Over the Top (OTT) in the region.

Major market player included in this report are:
IBM
Google
AWS
Microsoft
Salesforce
Sentient Technologies
HPE
Oracle
Intel
SAP

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:
Collaborative Filtering
Content-based Filtering
Hybrid Recommendation
By Deployment :
On-premise
Cloud
By Application:
Personalized Campaigns and Customer Delivery
Strategy Operations and Planning
Product Planning and Proactive Asset Management
By organization:
SMEs
Large enterprises
By End Use:
Information Technology
Healthcare
Retail
BFSI
Media & Entertainment
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027.

Target Audience of the Global Recommendation Engine Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
  1.2.1. Recommendation Engine Market , by Region, 2019-2027 (USD Billion)
  1.2.2. Recommendation Engine Market , by Product Type, 2019-2027 (USD Billion)
  1.2.3. Recommendation Engine Market , by Deployment , 2019-2027 (USD Billion)
  1.2.4. Recommendation Engine Market , by Application, 2019-2027 (USD Billion)
  1.2.5. Recommendation Engine Market, by Organization, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL RECOMMENDATION ENGINE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL RECOMMENDATION ENGINE MARKET DYNAMICS

3.1. Recommendation Engine Market Impact Analysis (2019-2027)
  3.1.1. Market Drivers
    3.1.1.1. Growing adoption of digital technologies among organizations
    3.1.1.2. Increase in need to enhance customer experience
  3.1.2. Market Restraint
    3.1.2.1. Increase in concerns over the customers' personal information
  3.1.3. Market Opportunities
    3.1.3.1. Advancements in data analytics

CHAPTER 4. GLOBAL RECOMMENDATION ENGINE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL RECOMMENDATION ENGINE MARKET , BY PRODUCT TYPE

5.1. Market Snapshot
5.2. Global Recommendation Engine Market by Product Type, Performance - Potential Analysis
5.3. Global Recommendation Engine Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion)
5.4. Recommendation Engine Market , Sub Segment Analysis
  5.4.1. Collaborative Filtering
  5.4.2. Content-based Filtering
  5.4.3. Hybrid Recommendation

CHAPTER 6. GLOBAL RECOMMENDATION ENGINE MARKET , BY DEPLOYMENT

a. Market Snapshot
6.1. Global Recommendation Engine Market by Deployment , Performance - Potential Analysis
6.2. Global Recommendation Engine Market Estimates & Forecasts by Deployment 2018-2027 (USD Billion)
6.3. Recommendation Engine Market , Sub Segment Analysis
  6.3.1. On-premise
  6.3.2. Cloud

CHAPTER 7. GLOBAL RECOMMENDATION ENGINE MARKET , BY APPLICATION

b. Market Snapshot
7.1. Global Recommendation Engine Market by Application, Performance - Potential Analysis
7.2. Global Recommendation Engine Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.3. Recommendation Engine Market , Sub Segment Analysis
  7.3.1. Personalized Campaigns and Customer Delivery
  7.3.2. Strategy Operations and Planning
  7.3.3. Product Planning and Proactive Asset Management

CHAPTER 8. GLOBAL RECOMMENDATION ENGINE MARKET , BY ORGANIZATION

c. Market Snapshot
8.1. Global Recommendation Engine Market by Deployment , Performance - Potential Analysis
8.2. Global Recommendation Engine Market Estimates & Forecasts by Deployment 2018-2027 (USD Billion)
8.3. Recommendation Engine Market , Sub Segment Analysis
  8.3.1. SMEs
  8.3.2. Large Enterprises

CHAPTER 9. GLOBAL RECOMMENDATION ENGINE MARKET , BY END-USE

d. Market Snapshot
9.1. Global Recommendation Engine Market by Deployment , Performance - Potential Analysis
9.2. Global Recommendation Engine Market Estimates & Forecasts by Deployment 2018-2027 (USD Billion)
9.3. Recommendation Engine Market , Sub Segment Analysis
  9.3.1. Information Technology
  9.3.2. Healthcare
  9.3.3. Retail
  9.3.4. BFSI
  9.3.5. Media & Entertainment
  9.3.6. Others

CHAPTER 10. GLOBAL RECOMMENDATION ENGINE MARKET , REGIONAL ANALYSIS

10.1. Recommendation Engine Market , Regional Market Snapshot
10.2. North America Recommendation Engine Market
  10.2.1. U.S. Recommendation Engine Market
    10.2.1.1. Product Type breakdown estimates & forecasts, 2018-2027
    10.2.1.2. Deployment breakdown estimates & forecasts, 2018-2027
    10.2.1.3. Application breakdown estimates & forecasts, 2018-2027
    10.2.1.4. Organization breakdown estimates & forecasts, 2018-2027
    10.2.1.5. End Use breakdown estimates & forecasts, 2018-2027
  10.2.2. Canada Recommendation Engine Market
10.3. Europe Recommendation Engine Market Snapshot
  10.3.1. U.K. Recommendation Engine Market
  10.3.2. Germany Recommendation Engine Market
  10.3.3. France Recommendation Engine Market
  10.3.4. Spain Recommendation Engine Market
  10.3.5. Italy Recommendation Engine Market
  10.3.6. Rest of Europe Recommendation Engine Market
10.4. Asia-Pacific Recommendation Engine Market Snapshot
  10.4.1. China Recommendation Engine Market
  10.4.2. India Recommendation Engine Market
  10.4.3. Japan Recommendation Engine Market
  10.4.4. Australia Recommendation Engine Market
  10.4.5. South Korea Recommendation Engine Market
  10.4.6. Rest of Asia Pacific Recommendation Engine Market
10.5. Latin America Recommendation Engine Market Snapshot
  10.5.1. Brazil Recommendation Engine Market
  10.5.2. Mexico Recommendation Engine Market
10.6. Rest of The World Recommendation Engine Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. IBM
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. Google
  11.2.3. AWS
  11.2.4. Microsoft
  11.2.5. Salesforce
  11.2.6. Sentient Technologies
  11.2.7. HPE
  11.2.8. Oracle
  11.2.9. Intel
  11.2.10. SAP

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 2. Global Recommendation Engine Market , report scope
TABLE 3. Global Recommendation Engine Market estimates & forecasts by region 2018-2027 (USD Billion)
TABLE 4. Global Recommendation Engine Market estimates & forecasts by Product Type 2018-2027 (USD Billion)
TABLE 5. Global Recommendation Engine Market estimates & forecasts by Deployment 2018-2027 (USD Billion)
TABLE 6. Global Recommendation Engine Market estimates & forecasts by Application 2018-2027 (USD Billion)
TABLE 7. Global Recommendation Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Recommendation Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Recommendation Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Recommendation Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Recommendation Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Recommendation Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Recommendation Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Recommendation Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Recommendation Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global Recommendation Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. Global Recommendation Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. Global Recommendation Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Global Recommendation Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Global Recommendation Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Global Recommendation Engine Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. Global Recommendation Engine Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. U.S. Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 24. U.S. Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. U.S. Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. Canada Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 27. Canada Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. Canada Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. UK Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 30. UK Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. UK Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. Germany Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 33. Germany Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. Germany Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. France Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 36. France Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. France Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Spain Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 39. Spain Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Spain Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. Italy Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 42. Italy Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Italy Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. ROE Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 45. ROE Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. ROE Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. China Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 48. China Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. China Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. India Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 51. India Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. India Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Japan Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 54. Japan Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Japan Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 56. Australia Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 57. Australia Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 58. Australia Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 59. South Korea Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 60. South Korea Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 61. South Korea Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 62. ROPAC Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 63. ROPAC Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 64. ROPAC Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 65. Brazil Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 66. Brazil Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 67. Brazil Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 68. Mexico Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 69. Mexico Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 70. Mexico Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 71. ROLA Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 72. ROLA Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 73. ROLA Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 74. ROW Recommendation Engine Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 75. ROW Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 76. ROW Recommendation Engine Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 77. List of secondary sources used in the study of global Recommendation Engine Market .
TABLE 78. List of primary sources used in the study of global Recommendation Engine Market .
TABLE 79. Years considered for the study.
TABLE 80. Exchange rates considered.

LIST OF FIGURES

FIG 1. Global Recommendation Engine Market , research methodology
FIG 2. Global Recommendation Engine Market , market estimation techniques
FIG 3. Global market size estimates & forecast methods
FIG 4. Global Recommendation Engine Market , key trends 2020
FIG 5. Global Recommendation Engine Market , growth prospects 2021-2027
FIG 6. Global Recommendation Engine Market , porters 5 force model
FIG 7. Global Recommendation Engine Market , pest analysis
FIG 8. Global Recommendation Engine Market , value chain analysis
FIG 9. Global Recommendation Engine Market by segment, 2018 & 2027 (USD Billion)
FIG 10. Global Recommendation Engine Market by segment, 2018 & 2027 (USD Billion)
FIG 11. Global Recommendation Engine Market by segment, 2018 & 2027 (USD Billion)
FIG 12. Global Recommendation Engine Market by segment, 2018 & 2027 (USD Billion)
FIG 13. Global Recommendation Engine Market by segment, 2018 & 2027 (USD Billion)
FIG 14. Global Recommendation Engine Market by segment, 2018 & 2027 (USD Billion)
FIG 15. Global Recommendation Engine Market by segment, 2018 & 2027 (USD Billion)
FIG 16. Global Recommendation Engine Market by segment, 2018 & 2027 (USD Billion)
FIG 17. Global Recommendation Engine Market , regional snapshot 2018 & 2027
FIG 18. North America Recommendation Engine Market 2018 & 2027 (USD Billion)
FIG 19. Europe Recommendation Engine Market 2018 & 2027 (USD Billion)
FIG 20. Asia-Pacific Recommendation Engine Market 2018 & 2027 (USD Billion)
FIG 21. Latin America Recommendation Engine Market 2018 & 2027 (USD Billion)
FIG 22. Global Recommendation Engine Market , company market share analysis (2020)


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