Digital Experience Platform Market was valued at USD 10.11 billion in 2021 and is expected to reach USD 25.03 billion by 2029, registering a CAGR of 12.00% during the forecast period of 2022-2029. The digital experience platform market research report is one of a series of new reports that provides digital experience platform market statistics, including Digital experience platform industry global market size, regional shares, competitors with a digital experience platform market share, detailed digital experience platform market segments, market trends and opportunities, and any further data you may need to thrive in the digital experience platform industry. This digital experience platform market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
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Component
- Platform
- Services
- Professional Services
- Managed Services
Deployment Model
- Cloud
- On Premises
Organization Size
- Small and Medium Enterprise
- Large Enterprise
Application
- Business to Customer
- Business to Business
Vertical
- Retail
- BFSI
- Travel and Hospitality
- IT and Telecom
- Healthcare
- Manufacturing
- Media and Entertainment
- Education
The capability of DXPs to collect and analyze the customer buying behavior and unify customer data obtained from multiple touchpoints to create a centralized view is also a significant factor driving the market growth. Moreover, integration of emerging technologies, such as Artificial Intelligence (AI), big data, and Machine Learning (ML) have enabled vital solution providers to upgrade their DXs, thereby driving the demand for digital experience platforms across multiple applications.However, rapidly evolving DXP technologies, the integration issues with legacy business processes and infrastructure, and reluctance to upgrade to customer-oriented marketing and communication strategies are the significant challenges impacting the growth of the DXP market. Furthermore, the lack of an experienced workforce to manage multiple solutions as part of the DXPs is a considerable concern for SMEs and startups.The Covid-19 pandemic has showcased the value of IT, and digital transformation, and organizations should use this time to accelerate the transition. Now companies are evolving to become more digital with an increasing number of interactions with customers happening, not in person, but over a screen. These efforts by the company are likely to fuel market growth.
Highlight of Table of Content:
§ Chapter 1: Market overview
§ Chapter 2: Global Digital Experience Platform Market Analysis
§ Chapter 3: Regional analysis of the Digital Experience Platform Market
§ Chapter 4: Market segmentation based on types and applications
§ Chapter 5: Revenue analysis based on types and applications
§ Chapter 6: Market share
§ Chapter 7: Competitive Landscape
§ Chapter 8: Drivers, Restraints, Challenges, and Opportunities
§ Chapter 9: Gross Margin and Price Analysis
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Some of the major players operating in the digital experience platform market are
- Adobe (U.S.)
- Oracle (U.S.)
- SAP SE (Germany)
- IBM (U.S.)
- Microsoft (U.S.)
- Salesforce Inc., (U.S.)
- Open Text Corporation. (Canada)
- SWEETYET DEVELOPMENT LIMITED (U.K.)
- Sitecore (U.S.)
- Acquia Inc., (U.S.)
- Jahia Solutions Group SA (Switzerland)
- Optimizely, Inc (U.S.)
- Squiz (Australia)
- Bloomreach, Inc. (U.S.)
Profound Questions Answered in this Report:
· What is the growth rate of various stages in the value chain of the industry?
· Which region has the highest growth rate and size of the emerging market by value in 2022?
· Who are the competitive players in Global Digital Experience Platform Market?
· Which region has the largest share and degree of competition in the industry?
· What is the CAGR of the market during the forecast period 2022 to 2029?
· Which region is expected to hold the highest market share for the market?
· What is the main driver of the Global Digital Experience Platform Market?
· What is sales volume, revenue, and price analysis of top players of the market?
· What are the market opportunities and threats faced by the vendors in the industry?
· What has been the impact of COVID-19 on the Global Digital Experience Platform Market?
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