The Latin America, Middle East and Africa Recommendation Engine Market would witness market growth of 37.5% CAGR during the forecast period (2021-2027).
Since consumers are increasingly spending their time on surfing internet for various activities, companies are capitalizing on this trend. For example, the movie and show suggestions appeared on the Netflix are made through recommendation engine.
Amazon, on the other hand, uses a recommendation engine to provide product recommendations to its users. While each utilizes this technology for slightly different reasons, the end aim is the same: to increase sales, increase engagement and retention, and provide more personalized customer experiences.
In the Middle East region, government initiatives are attracting numerous companies to enter the region and expand their market. Supportive government policies and standards are making it easier for companies to implement numerous advanced technologies for business benefits. The Emirati government refers IT as ICT, and it is one of the key areas, in which the UAE government is highly focusing on the improvements. The government is making huge strides in the public sector to achieve its goals of being at the forefront.
The Brazil market dominated the LAMEA Recommendation Engine Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $227.4 million by 2027. The Argentina market is expected to witness a CAGR of 38.2% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 37.1% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Recommendation Engine Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 7 LAMEA Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 8 LAMEA Collaborative Filtering Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Collaborative Filtering Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Content-based Filtering Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Content-based Filtering Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Hybrid Recommendation Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Hybrid Recommendation Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 15 LAMEA Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 16 LAMEA Personalized Campaigns & Customer Delivery Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Personalized Campaigns & Customer Delivery Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Product Planning & Proactive Asset Management Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Product Planning & Proactive Asset Management Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Strategy Operations & Planning Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Strategy Operations & Planning Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 23 LAMEA Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 24 LAMEA Cloud Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Cloud Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA On-premise Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA On-premise Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 29 LAMEA Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 30 LAMEA Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Small & Medium Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 33 LAMEA Small & Medium Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 34 LAMEA Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 35 LAMEA Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 36 LAMEA Retail Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Retail Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA BFSI Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA BFSI Market by Country, 2021 - 2027, USD Million
TABLE 40 LAMEA Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Media & Entertainment Market by Country, 2017 - 2020, USD Million
TABLE 43 LAMEA Media & Entertainment Market by Country, 2021 - 2027, USD Million
TABLE 44 LAMEA Information Technology Market by Country, 2017 - 2020, USD Million
TABLE 45 LAMEA Information Technology Market by Country, 2021 - 2027, USD Million
TABLE 46 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 47 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 48 LAMEA Recommendation Engine Market by Country, 2017 - 2020, USD Million
TABLE 49 LAMEA Recommendation Engine Market by Country, 2021 - 2027, USD Million
TABLE 50 Brazil Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 51 Brazil Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 52 Brazil Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 53 Brazil Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 54 Brazil Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 55 Brazil Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 56 Brazil Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 57 Brazil Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 58 Brazil Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 59 Brazil Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 60 Brazil Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 61 Brazil Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 62 Argentina Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 63 Argentina Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 64 Argentina Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 65 Argentina Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 66 Argentina Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 67 Argentina Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 68 Argentina Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 69 Argentina Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 70 Argentina Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 71 Argentina Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 72 Argentina Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 73 Argentina Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 74 UAE Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 75 UAE Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 76 UAE Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 77 UAE Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 78 UAE Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 79 UAE Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 80 UAE Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 81 UAE Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 82 UAE Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 83 UAE Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 84 UAE Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 85 UAE Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 86 Saudi Arabia Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 87 Saudi Arabia Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 88 Saudi Arabia Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 89 Saudi Arabia Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 90 Saudi Arabia Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 91 Saudi Arabia Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 92 Saudi Arabia Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 93 Saudi Arabia Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 94 Saudi Arabia Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 95 Saudi Arabia Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 96 Saudi Arabia Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 97 Saudi Arabia Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 98 South Africa Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 99 South Africa Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 100 South Africa Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 101 South Africa Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 102 South Africa Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 103 South Africa Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 104 South Africa Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 105 South Africa Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 106 South Africa Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 107 South Africa Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 108 South Africa Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 109 South Africa Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 110 Nigeria Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 111 Nigeria Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 112 Nigeria Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 113 Nigeria Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 114 Nigeria Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 115 Nigeria Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 116 Nigeria Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 117 Nigeria Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 118 Nigeria Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 119 Nigeria Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 120 Nigeria Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 121 Nigeria Recommendation Engine Market by End Use, 2021 - 2027, USD Million
TABLE 122 Rest of LAMEA Recommendation Engine Market, 2017 - 2020, USD Million
TABLE 123 Rest of LAMEA Recommendation Engine Market, 2021 - 2027, USD Million
TABLE 124 Rest of LAMEA Recommendation Engine Market by Type, 2017 - 2020, USD Million
TABLE 125 Rest of LAMEA Recommendation Engine Market by Type, 2021 - 2027, USD Million
TABLE 126 Rest of LAMEA Recommendation Engine Market by Application, 2017 - 2020, USD Million
TABLE 127 Rest of LAMEA Recommendation Engine Market by Application, 2021 - 2027, USD Million
TABLE 128 Rest of LAMEA Recommendation Engine Market by Deployment Type, 2017 - 2020, USD Million
TABLE 129 Rest of LAMEA Recommendation Engine Market by Deployment Type, 2021 - 2027, USD Million
TABLE 130 Rest of LAMEA Recommendation Engine Market by Organization Size, 2017 - 2020, USD Million
TABLE 131 Rest of LAMEA Recommendation Engine Market by Organization Size, 2021 - 2027, USD Million
TABLE 132 Rest of LAMEA Recommendation Engine Market by End Use, 2017 - 2020, USD Million
TABLE 133 Rest of LAMEA 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.