Data Management Platforms Market Technological Advancement, Drivers and Market Restraints Forecast To 2029


Posted November 23, 2022 by pranit10

Data Management Platforms Market size was valued at US$ 2.15 Bn. in 2020 and the total revenue is expected to grow at a CAGR of 14.8% through 2021 to 2027, reaching nearly US$ 5.65 Bn.

 
Data Management Platforms Market Overview

Data management platforms (DMPs) collect, organise, and share data with other marketing technology platforms. DMPs collect data from the various types of the sources. DMPs then exchange audience data with digital ad platforms and in-house marketing channels so that those platforms know which ads or content to deliver. First Party Data, Second Party Data, and Third Party Data are the data sources of the data management platforms. Media Agency, Brand/Retailer, Publisher, and Ad Network are some of the end-users of the data management platforms.

This Data Management Platforms market study aims to provide a broad overview of the market as well as a detailed market segmentation based on connection type, end-use, and geographic location. The report contains critical information on the market shares of the leading Data Management Platforms organisations, as well as significant market trends and forecasts.

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Data Management Platforms Market Scope:

This Data Management Platforms market study is based on an in-depth analysis of the industry and is supported by secondary and primary sources. The size of the Data Management Platforms market is estimated using country-by-country model mapping. It compiles both domestic and foreign financial data, as well as patent and regulatory databases. The competitive landscape of the Data Management Platforms industry is supported by a microscopic and in-depth analysis of numerous market impact factors. Analysts in the Data Management Platforms sector forecast, estimate, and calculate market prospects by analysing historical data, current trends, and key corporate statements.

Data Management Platforms Market Segmentation:

The market is divided into First Party Data, Second Party Data, and Third Party Data based on the Data Source. By 2027, the First Party Data segment is anticipated to have the largest market share. First-party data is the most important data because it comes from a source that has a direct connection to the brand. They are either present or prospective clients. Data management platforms are frequently used as a result of marketers' use of this data to close sales to current customers and turn prospects into buyers. These are the main factors that are anticipated to fuel the first party data segment's expansion in the global market from 2021 to 2027.

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Data Management Platforms Industry Key Players:

Krux Digital, LLC
Lotame Solutions, Inc.
Cxense ASA
KBM Group LLC
Turn Inc.
Rocket Fuel, Inc.
Neustar, Inc.
Adobe Systems Incorporated
Oracle Corporation
SAS Institute
SAP SE
Cloudera Inc.
Informatica
Data Management Platforms Market Regional Analysis:

After taking into account the political, economic, social, and technical factors affecting the Data Management Platforms market in each of the five regions—North America, Europe, Asia Pacific, the Middle East and Africa, and South America—the study also provides a comprehensive PESTLE analysis for each of these regions.

COVID-19 Impact Analysis on Data Management Platforms Market:

A sector overview is given in the Data Management Platforms Market Research Report based on significant variables like sales volume, revenue, and sales forecasting, as well as key drivers. Over the anticipated time frame, the market is expected to grow significantly (2021-2029). The most recent COVID-19 market ramifications are also covered in this study. People's lives have been significantly impacted by the outbreak's global spread. Industries have been forced to adopt novel behaviours, patterns, and tactics as a result. The case study tries to capture both the current and future market expectations.

Key Questions answered in the Data Management Platforms Industry Report are:

Which product segment had the largest share in the Data Management Platforms Industry in 2020?
How is the competitive landscape of the Data Management Platforms industry?
Which are the key factors aiding the Data Management Platforms industry growth?
Which region holds the maximum share in the Data Management Platforms industry?
What will be the CAGR of the Data Management Platforms industry during the forecast period (2021-2027)?
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Tags data management platforms market
Last Updated November 23, 2022