According to a new report Global Customer Data Platform Market, published by KBV research, The Global Customer Data Platform Market size is expected to reach $20.5 billion by 2027, rising at a market growth of 34% CAGR during the forecast period.
The large enterprises segment would witness a prominent revenue share over the forecast period. In addition, the large enterprises segment is anticipated to acquire the fastest growth rate over the forecast period. This is attributed to the large deployment of cloud-based solutions and services that assist companies to enhance their business performance and increase their productivity.
The predictive analytics application is projected to procure maximum revenue share over the forecast years. AI-powered predictive analytics has now become more applicable, more powerful, and more accessible as compared to earlier times. Predictive customer analytics is supported by real data as it helps in offering suitable answers to the desired questions.
The North America market dominated the Global Customer Data Platform Market by Region 2020, and would continue to be a dominant market till 2027. The Europe market is experiencing a CAGR of 33% during (2021 - 2027). Additionally, The Asia Pacific market is poised to grow at a CAGR of 36.1% during the forecast period.
Full Report: https://www.kbvresearch.com/customer-data-platform-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of SAP SE, Oracle Corporation, Microsoft Corporation, Adobe, Inc., Salesforce.com, Inc., Teradata Corporation, Totango, Ltd., Upland Software, Inc., Acquia, Inc. and SAS Institute, Inc.
By Component
By Application
By Deployment Type
By Enterprise Size
By End User
By Geography
Companies Profiled