DUBLIN, November 23, 2022 /PRNewswire/ –Added Digital Experience Platform Market Global Market Report 2022 report ResearchAndMarkets.com Offer.
The global market for digital experience platforms is expected to continue growing $9.69 billion in 2021 to $10.91 billion in 2022 at a compound annual growth rate (CAGR) of 12.55%. It is expected to reach the digital experience platform market $17.58 billion in 2026 at a CAGR of 12.67%.
The Digital Experience Platforms market consists of the sale by companies (organizations, sole proprietorships and partnerships) of digital experience platforms that relate to an integrated software framework that manages digital experiences across different platforms.
The purpose of the digital experience platform, commonly known as DXP, is to provide a centralized way to build, manage, and optimize the content creation and digital journey. Digital experience platforms include content management, asset management, commerce, customer relationship management, and analytics.
The main components of the Digital Experience Platform (DXP) include platform and services. The services in this segment relate to services that make it easier for consumers to use technology. It delivers specialized technology-oriented solutions by bringing together software, hardware, networks, telecommunications and electronic processes and operations.
The DXPs are delivered via the cloud and on-premises for business-to-consumer (B2C), business-to-business (B2B), and other applications. The major industries using the DXPs are Retail, BFSI, Travel & Hospitality, IT & Telecom, Healthcare, Manufacturing, Media & Entertainment, Public Sector, and others. The different types of businesses using these platforms include large corporations as well as small and medium-sized businesses.
North America was the largest region in Digital Experience Platforms Market in 2021. Asia Pacific is expected to be the fastest growing region during the forecast period. The Regions Covered in Digital Experience Platforms Market Report are Asia Pacific, Western Europe, Eastern Europe, North America, South America, middle East and Africa.
The increasing adoption of cloud-based services is expected to drive the growth of the digital experience platform market. Cloud adoption is an approach aimed at increasing the scalability of Internet-based database capabilities while reducing costs and risk. To achieve this, organizations use cloud computing or remote computers housed on the internet to store, manage and process important data.
According to a survey by technology research and advisory firm Gartner in April 2021public cloud services are forecast to grow by 23.1% $332.3 billion in 2021, from $270 billion in 2020 to meet the demand of a sudden shift in cloud-based services.
Furthermore, the global health crisis of COVID-19 has emerged as an opportunity for the cloud business, with a significant increase in cloud usage across various industries internationally. Therefore, the increase in deployment and spending on cloud-based services will drive the digital experience platform.
Technological advancement is a major trend gaining popularity in the digital experience platform market. Large companies operating in the digital experience platform market focus on providing a technologically advanced platform and related solutions to strengthen their market position.
These companies are implementing next-generation digital experience platforms and technologies into their services, such as: B. Big data analysis, artificial intelligence, machine learning, cloud computing, workflow analysis, multichannel support and others, to enable companies to design and deliver digital enterprise experiences faster and more consistently.
are the major players in the digital experience platform market
Main topics covered:
1. Summary
2. Market Characteristics of Digital Experience Platforms Market
3. Digital Experience Platform Market Trends and Strategies
4. Impact of COVID-19 on Digital Experience Platform Market
5. Market size and growth of the Digital Experience Platform market
5.1. Global Digital Experience Platforms Market Historical Market, 2016-2021, billion US$
5.1.1. drivers of the market
5.1.2. restrictions in the market
5.2. Global Digital Experience Platforms Market, Forecast Market, 2021-2026F, 2031F, US$ Billion
5.2.1. drivers of the market
5.2.2. restrictions in the market
6. Digital Experience Platforms Market Segmentation
6.1. Global Digital Experience Platforms Market, Segmentation by Component, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, US$ Billion
6.2. Global Digital Experience Platforms Market, Segmentation by Deployment, Historical & Forecast, 2016-2021, 2021-2026F, 2031F, US$ Billion
6.3. Global Digital Experience Platforms Market, Segmentation by Application, History and Forecast, 2016-2021, 2021-2026F, 2031F, US$ Billion
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Business to consumer
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From shop to shop
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Other
6.4. Global Digital Experience Platforms Market, Segmentation by Vertical, History and Forecast, 2016-2021, 2021-2026F, 2031F, US$ Billion
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retail trade
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BFSI
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Travel & Hospitality
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IT & Telecom
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healthcare
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manufacturing
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media and entertainment
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public sector
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Other
6.5. Global Digital Experience Platforms Market, Segmentation by Company Size, History and Forecast, 2016-2021, 2021-2026F, 2031F, US$ Billion
7. Regional and country analysis of Digital Experience Platforms Market
7.1. Global Digital Experience Platforms Market Split by Regions, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, Billion US$
7.2. Global Digital Experience Platforms Market Split by Country, Historical and Forecast, 2016-2021, 2021-2026F, 2031F, Billion US$
For more information about this report, visit https://www.researchandmarkets.com/r/r406e9
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