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Europe Digital Experience Platform Market Gains Momentum during forecast period 2027

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Harsha Singh
Europe Digital Experience Platform Market Gains Momentum during forecast period 2027

Market Analysis and Insights: Europe Digital Experience Platform Market

Digital experience platform market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 16.3% in the forecast period of 2020 to 2027 and is expected to reach USD 7,060.28 million by 2027. Increasing usage of DXPs in BFSI and IT sector is a driving factor for the market growth.

The advancement in the content management software and combination with various technologies like IoT, virtual reality, enhanced graphics is helping enterprises to offer lively experience to customers, sectors such as BFSI has implied DXPs in order to give personalised banking experiences to its customers via its official application, portals and websites, which has made banking easier.

This Digital Experience Platform Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solutionto achieve your desired goal.

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Digital Experience Platform Market Country Level Analysis

Digital experience platform market is analysed and market size information is provided by country, component, deployment model, organization size, application and vertical.

The countries covered in digital experience platform market report are the Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland and rest of Europe.

The U.K. is dominating in the European market due to the increasing adoption of DXPs by retailers and high investments by other sectors on better online surfing experiences.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.

Know more about this report https://www.databridgemarketresearch.com/reports/europe-digital-experience-platform-market

Europe Digital Experience Platform Market Scope and Market Size

Europe digital experience platform market is segmented on the basis of component, deployment model, organization size, application and vertical. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

·       On the basis of component, the market is segmented into platform and services. In 2020, platform segment holds major chunk of market share in component segment and is expected to hold higher growth rate in comparison to services as revenue generation from platform selling is more for DXP providers than service provisions.

·       On the basis of deployment model, the market is segmented into cloud and on premises. In 2020, on premises segment dominates the deployment model segment due to its more customization features, however cloud segment is growing at higher rate due to its cost affordability and very low services requirements.

·       On the basis of organization size, the market is segmented into small & medium enterprise and large enterprise. In 2020, large enterprise segment dominates the organization size segment considering the trend and costs of DXPs which are affordable for large organizations.

·       On the basis of application, the market is segmented into business to customer, business to business and others. In 2020, business to customer segment dominates the application segment as most of the companies imply DXPs for B2C use, however business to business segment is growing at higher rate as companies are now adopting DXPs for client relationship management.

·       On the basis of vertical, the market is segmented into retail, BFSI, travel & hospitality, IT & telecom, healthcare, manufacturing, media and entertainment, education and others. In 2020, retail segment dominates the vertical segment which is growing at higher pace considering high trends of e-commerce in the region and high adoption of DXPs amongst e-retailers.

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Competitive Landscape and Digital Experience Platform Market Share Analysis

Europe digital experience platform market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, European presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to digital experience platform market.

The major players covered in the Europe digital experience platform market report are Adobe, Oracle, Sitecore, Acquia, Inc., Episerver, SAP SE, HCL Technologies Limited, Salesforce.com, Inc., Open Text Corporation, Squiz, Bloomreach Inc., Liferay Inc., SDL plc., Wipro Limited, Accenture, Infosys Limited, censhare AG, Kentico Software, Crownpeak Technology, Inc., Jahia Solutions Group SA among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Many product developments are also initiated by the companies’ worldwide which are also accelerating the growth of digital experience platform market.

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Customization Available: Europe Digital Experience Platform Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.

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About Data Bridge Market Research:

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