Digital Experience Platform Market is projected to register a moderate 12.0% CAGR in the forecast period.


Posted August 6, 2020 by dheerajpawar7359

[130 Pages Report] Digital experience platform market size, analysis, trends, & forecast. The global market for digital experience platform categorized by platform, services, deployment type, vertical and by region.

 
According to a research report "Digital Experience Platform Market by Component (Platform and Services), Deployment Type (Cloud and On-premises), Vertical (Manufacturing, IT & Telecom, BFSI, Healthcare, Travel & Hospitality, and Public Sector), and Region - Global Forecast to 2024", is expects to grow from USD 7.9 billion in 2019 to USD 13.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 12.0% during the forecast period. Major factors expected to drive the growth of the DXP market include help in understanding the immediate needs of customer, reducing the customer churn rate, growing deployment of cloud-based solutions, and rising demand for big data analytics.
Browse 52 market data Tables and 32 Figures spread through 130 Pages and in-depth TOC on "Digital Experience Platform Market- Global Forecast to 2024"
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=234793101
North America to account for the largest market size during the forecast period
North America is expected to hold the largest market size during the forecast period. The US has emerged as the largest market for DXPs due to the large-scale implementation of DXPs by organizations and enterprises in the country. The high pace of digital transformation, along with the high growth of Artificial Intelligence (AI) and data analytics, is attributed to the fast growth of the DXP market in the US.
Market Players
Key and emerging market players include Adobe Systems (US), Oracle (US), SAP (Germany), IBM (US), Microsoft (US), Salesforce (US), OpenText (Canada), SDL (UK), Sitecore (US), Acquia (US), Jahia (Switzerland), Episerver (US), Squiz (Australia), BloomReach (US), Liferay (US), Kentico (Czech Republic), and censhare (Germany). These players have adopted various strategies to grow in the DXP market.
Speak To Expert Analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=234793101
Adobe Systems (US) entered the DXP market with its product Adobe Experience Cloud, which provides a plethora of solutions, such as analytics, targeting, advertising optimization, Digital Experience (DX) management, marketing automation and engagement, content management, order management, and predictive intelligence. The company focuses on inorganic growth strategies to strengthen its market position.
IBM (US) offers DX to its customers through products, such as IBM DX Manager, IBM WebSphere Portal, IBM Web Content Manager, and IBM Watson Content Hub. It also offers Digital Commerce, a flexible cloud platform that provides customers with capabilities to shape the digital CX and improve customer engagement. The company has been able to maintain a leading position globally owing to its capabilities as a provider of cognitive solutions and cloud platform through which it has been able to create a wide range of services, software, analytics tools, and related services for its customers in the DXP market. IBM has adopted inorganic growth strategies such as partnerships and acquisitions to enhance its offerings. For instance, the company has recently partnered with BUCKiTDREAM, providing BUCKiTDREAM with the Watson Marketing solution for an improved and personalized brand engagement experience to its customers.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their pain points around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra.
MarketsandMarkets™ INC.
630 Dundee Road, Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: [email protected]
Content Source: https://www.marketsandmarkets.com/PressReleases/digital-experience-platform.asp
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By dheerajpawar
Phone 8886006441
Business Address 630 Dundee Road Suite 430
Country United States
Categories Technology
Tags big data analytics , cloud based solutions , digital experience platform , digital experience platform market , dxp market , dxp operations
Last Updated August 6, 2020