Global Recommendation Engine Market overview:

The Global Recommendation Engine Market is segmented on the basis of Type, Application, End-user and Region. Based on Type segment, a large volume of customer data generated through smartphones, web, and various touch points requires filtering to create personalized recommendations. Collaborative filtering type used in recommendation engines filter data based on the similarity of user interests. Hence, various end-users have deployed recommendation engine solution based on AI, with collaborative filtering type to categorize the customers with similar interests to deliver personalized recommendations.

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Based on End User segment, the demand for recommendation engine based on AI, is expected to grow across various end-users with the increase in need to understand customer behavior and formulate various customer retention strategies. Specifically, the media and entertainment segment is expected to record the highest growth rate during the forecast period. The market for media and entertainment is expected to grow at a faster rate, owing to the increase in need for deployment of recommendation engine solution either on cloud or on-premises.

Regionally, North America is the most competitive and rapidly changing region in the recommendation engine market across the globe. North America, among all the regions, has witnessed maximum adoption of recommendation engine, due to the rise in focus of the companies to enhance consumer experience, growth in technological advancement, and surge in government support. The US and Canada are projected to extensively implement recommendation engine solutions. Hence, North America is expected to account for the largest market share in the global recommendation engine market during the forecast period.

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Major Key Players:

1 IBM

2 Google

3 AWS

4 Microsoft

5 Salesforce

6 Sentient Technologies

7 HPE

8 Oracle

9 Intel

10 SAP

11 Fuzzy.AI

12 Infinite Analytics

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Global Recommendation Engine Market Report 2019

1 Recommendation Engine Definition

2 Global Recommendation Engine Market Major Player Share and Market Overview

3 Major Player Recommendation Engine Business Introduction

4 Global Recommendation Engine Market Segmentation (Region Level)

5 Global Recommendation Engine Market Segmentation (Product Type Level)

6 Global Recommendation Engine Market Segmentation (Industry Level)

7 Global Recommendation Engine Market Segmentation (Channel Level)

8 Recommendation Engine Market Forecast 2019-2022

9 Recommendation Engine Segmentation Type

10 Recommendation Engine Segmentation Industry

11 Recommendation Engine Cost Analysis

12 Conclusion

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