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Digital Experience Platform Market Is Set To Be A Billion Dollar Industry By 2025 According To Market Forecasts | Grand View Research, Inc.

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Digital Experience Platform Market Is Set To Be A Billion Dollar Industry By 2025 According To Market Forecasts | Grand View Research, Inc.

March 25
05:04 2021
Digital Experience Platform Market Is Set To Be A Billion Dollar Industry By 2025 According To Market Forecasts | Grand View Research, Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report by Grand View Research, Inc., the Digital Experience Platform (DXP) Market has driven improvements in the implementation of technical solutions that control costs, protect revenue, and support customer satisfaction, thus, making DXP practices a powerful tool for an organization during the Covid-19 crisis.

The global digital experience platform market size is projected to reach USD 15.80, expanding at a CAGR of 10.9% from 2019 to 2025. Several companies are developing customer-centric strategies in order to deliver superior customer interaction and is this will drive the market growth over the forecast period. Furthermore, the large Multi-national Companies (MNCs) and Small and Medium Enterprises (SMEs) have showcased an enormous demand, and adoption of DXP solutions as the primary channel for customer service and engagement is also anticipated to propel the market expansion.

Amid the Covid-19 pandemic, consumers are gravitating to online platforms for both essential items and discretionary spend alike. Digital shopping habits have been picked up at a vast scale and are set to become more entrenched by 2025. Ecommerce and digital marketing solutions have become critical not just for online customers, but also to your company operations. As stores have begun to open up, social distancing orders are more intermittent. Companies are now investing heavily to enhance their online presence, differentiate their brand-value in the competitive market space, and strengthen their market position during the post-pandemic world. 

Browse Full Research Report with in-depth TOC @ https://www.grandviewresearch.com/industry-analysis/digital-experience-platform-market

Digital Experience Platform Market Report Highlights

 Based on component, the platform segment held the largest revenue share in 2018 and will register the highest CAGR from 2019 to 2025. This is factored to the adoption of DXP solutions by large Multinational Companies (MNCs) Europe, North America, and Asia Pacific

Based on deployment, the cloud segment held the leading revenue share in 2018 due to the reduced requirement for heavy investments in infrastructure development

Based on application, B2C segment dominated the market in 2018 and will register the highest CAGR over the forecast period. This is attributed to the  expansion in DXP vendors portfolio and the introduction of new features to increase its adoption across multiple end-user industries

Based on region, North America held the leading market share in 2018 due to the presence of industry giants in the U.S. and Canada

Ask for Sample Pages @ https://www.grandviewresearch.com/industry-analysis/digital-experience-platform-market/request/rs1

Digital Experience Platform Market Segmentation

Grand View Research has segmented the global digital experience platform market on the basis of component, deployment, application, end use, and region:

Digital Experience Platform Component Outlook (Revenue, USD Million, 2016 – 2025)

     Platform
     Services

Digital Experience Platform Deployment Outlook (Revenue, USD Million, 2016 – 2025)

     On-premise
     Cloud

Digital Experience Platform Application Outlook (Revenue, USD Million, 2016 – 2025)

     Business-to-Consumer
     Business-to-Business
     Others

Digital Experience Platform End Use Outlook (Revenue, USD Million, 2016 – 2025)

     BFSI
     Healthcare
     IT & Telecom
     Manufacturing
     Retail
     Others

Digital Experience Platform Regional Outlook (Volume, Units; Revenue, USD Million, 2015 – 2025)

     North America
        • The U.S.
        • Canada
     Europe
        • Germany
        • The U.K.
    • Asia Pacific
        • China
        • India
        • Japan
     Latin America
        • Brazil
     Middle East & Africa

List of Key Players of Digital Experience Platform Market

     Adobe; Acquia Inc.
     Episerver
     CoreMedia AG
     IBM Corporation
     Oracle Corporation
    • Liferay Inc.
    • Microsoft Corporation
     Open Text Corporation
     SAP SE
    • Salesforce.com, Inc.
    • Sitecore

Enquire For Customization In Report @ https://www.grandviewresearch.com/inquiry/6784/ibb

About Grand View Research

Grand View Research, Inc. is a market research and consulting company based in India and the US, and headquartered in San Francisco. The organization offers syndicated and customized research reports in 46 industries across key regional markets, such as the US, Canada, Latin America, Europe, and Asia Pacific, among others.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/digital-experience-platform-market

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