The Asia Pacific Recommendation Engine Market would witness market growth of 34.6% CAGR during the forecast period (2021-2027).
A recommendation engine uses a combination of data related technologies to make recommendations to the users. Data is critical in the creation of a recommendation engine since it is the foundation from which patterns are created. It will be more efficient and effective in making appropriate revenue-generating ideas if it has more data.
Companies are launching new recommendation engine solutions in order to have a significant share in the telecom industry. For example, Envestnet released a new edition of their recommendation engine for enterprise companies in January 2021. The increased use of social media among people is also contributing to the growth of the market. Companies utilize these suggestion tools to evaluate user feelings and fill their social media pages with adverts for their own product choices.
China is among the world’s most technologically advanced countries. One of the fastest Internet bands and prominent e-commerce players like Alibaba are present in the country. In addition, China is the world's second-largest OTT market. According to the Instituto Federal de Telecommunications (Mexico), there were 68 subscriptions per 100 houses in China as of January 2020, and the rate of online video users is rapidly expanding.
The China market dominated the Asia Pacific Cloud Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $864.4 million by 2027. The Japan market is anticipated to grow a CAGR of 34.5% during (2021 - 2027). Additionally, The India market would showcase a CAGR of 36.1% during (2021 - 2027).
Based on Type, the market is segmented into Collaborative Filtering, Content-based Filtering and Hybrid Recommendation. Based on Application, the market is segmented into Personalized Campaigns & Customer Delivery, Product Planning & Proactive Asset Management and Strategy Operations & Planning. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End Use, the market is segmented into Retail, BFSI, Healthcare, Media & Entertainment, Information Technology and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Recommendation Engine Market is Projected to reach USD 11.4 Billion by 2027, at a CAGR of 32.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Oracle Corporation, Microsoft Corporation, SAP SE, Salesforce.com, Inc., Adobe, Inc., Google LLC, Intel Corporation, Hewlett-Packard Enterprise Company, and Amazon.com, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Collaborative Filtering
- Content-based Filtering and
- Hybrid Recommendation
By Application
- Personalized Campaigns & Customer Delivery
- Product Planning & Proactive Asset Management and
- Strategy Operations & Planning
By Deployment Type
By Organization Size
- Large Enterprises and
- Small & Medium Enterprises
By End Use
- Retail
- BFSI
- Healthcare
- Media & Entertainment
- Information Technology and
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- Oracle Corporation
- Microsoft Corporation
- SAP SE
- Salesforce.com, Inc.
- Adobe, Inc.
- Google LLC
- Intel Corporation
- Hewlett-Packard Enterprise Company
- Amazon.com, Inc.
TABLE 1 Asia Pacific Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Recommendation Engine Market
TABLE 4 Product Launches And Product Expansions– Recommendation Engine Market
TABLE 5 Acquisitions and Mergers– Recommendation Engine Market
TABLE 6 Asia Pacific Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Collaborative Filtering Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Collaborative Filtering Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Content-based Filtering Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Content-based Filtering Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Hybrid Recommendation Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Hybrid Recommendation Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Personalized Campaigns & Customer Delivery Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Personalized Campaigns & Customer Delivery Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Product Planning & Proactive Asset Management Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Product Planning & Proactive Asset Management Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Strategy Operations & Planning Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Strategy Operations & Planning Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Cloud Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Cloud Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific On-premise Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific On-premise Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Small & Medium Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Small & Medium Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Retail Market by Country, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Retail Market by Country, 2021 - 2027, USD Million
TABLE 38 Asia Pacific BFSI Market by Country, 2017 - 2020, USD Million
TABLE 39 Asia Pacific BFSI Market by Country, 2021 - 2027, USD Million
TABLE 40 Asia Pacific Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 41 Asia Pacific Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 42 Asia Pacific Media & Entertainment Market by Country, 2017 - 2020, USD Million
TABLE 43 Asia Pacific Media & Entertainment Market by Country, 2021 - 2027, USD Million
TABLE 44 Asia Pacific Information Technology Market by Country, 2017 - 2020, USD Million
TABLE 45 Asia Pacific Information Technology Market by Country, 2021 - 2027, USD Million
TABLE 46 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 47 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 48 Asia Pacific Recommendation Engine Market by Country, 2017 - 2020, USD Million
TABLE 49 Asia Pacific Recommendation Engine Market by Country, 2021 - 2027, USD Million
TABLE 50 China Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 51 China Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 52 China Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 53 China Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 54 China Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 55 China Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 56 China Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 57 China Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 58 China Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 59 China Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 60 China Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 61 China Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 62 Japan Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 63 Japan Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 64 Japan Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 65 Japan Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 66 Japan Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 67 Japan Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 68 Japan Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 69 Japan Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 70 Japan Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 71 Japan Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 72 Japan Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 73 Japan Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 74 India Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 75 India Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 76 India Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 77 India Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 78 India Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 79 India Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 80 India Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 81 India Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 82 India Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 83 India Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 84 India Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 85 India Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 86 South Korea Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 87 South Korea Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 88 South Korea Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 89 South Korea Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 90 South Korea Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 91 South Korea Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 92 South Korea Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 93 South Korea Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 94 South Korea Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 95 South Korea Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 96 South Korea Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 97 South Korea Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 98 Singapore Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 99 Singapore Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 100 Singapore Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 101 Singapore Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 102 Singapore Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 103 Singapore Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 104 Singapore Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 105 Singapore Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 106 Singapore Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 107 Singapore Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 108 Singapore Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 109 Singapore Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 110 Malaysia Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 111 Malaysia Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 112 Malaysia Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 113 Malaysia Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 114 Malaysia Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 115 Malaysia Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 116 Malaysia Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 117 Malaysia Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 118 Malaysia Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 119 Malaysia Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 120 Malaysia Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 121 Malaysia Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 122 Rest of Asia Pacific Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 123 Rest of Asia Pacific Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 124 Rest of Asia Pacific Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 125 Rest of Asia Pacific Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 126 Rest of Asia Pacific Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 127 Rest of Asia Pacific Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 128 Rest of Asia Pacific Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 129 Rest of Asia Pacific Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 130 Rest of Asia Pacific Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 131 Rest of Asia Pacific Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 132 Rest of Asia Pacific Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 133 Rest of Asia Pacific Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 134 Key information – IBM Corporation
TABLE 135 Key Information – Oracle Corporation
TABLE 136 key information – Microsoft Corporation
TABLE 137 Key Information – SAP SE
TABLE 138 Key Information –Salesforce.com, Inc.
TABLE 139 Key Information – Adobe, Inc.
TABLE 140 Key Information – Google LLC
TABLE 141 Key Information – Intel Corporation
TABLE 142 key information – Hewlett Packard Enterprise Company
TABLE 143 Key Information – Amazon.com, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Jul – 2021, apr) Leading Players
FIG 5 Swot analysis: IBM Corporation
FIG 6 SWOT analysis: Oracle Corporation
FIG 7 SWOT Analysis: Microsoft Corporation
FIG 8 SWOT Analysis: SAP SE
FIG 9 SWOT Analysis: Salesforce.com Inc.
FIG 10 Recent strategies and developments: Adobe, Inc.
FIG 11 SWOT Analysis: Adobe, inc.
FIG 12 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 13 Recent strategies and developments: Intel Corporation
FIG 14 SWOT analysis: Intel corporation
FIG 15 SWOT analysis: Hewlett-Packard enterprise Company
FIG 16 SWOT analysis: Amazon.com, Inc.