Database Management Platform Market, COVID – 19 Impact Analysis, Business Trends, Drive & Size, Global Segments by Forecast 2027
Market Scenario:
According to Market
Research Future (MRFR), the Database
Management Platform Market Database Management
Platform is expected to reach approximately USD 3 billion, with
15% CAGR from 2017 to 2023 (forecast period).
The report presents a
thorough summary of the current scenario, the economic situation, and the
COVID-19 analysis of the overall industry. The Data Management Platform is an
intelligent type of data warehouse. It gathers and stores data from sources
such as mobile apps, mobile web, CRM, social networks, and offers valuable
information to users such as advertising agencies, marketers, and publishers.
The data management platform is primarily used to extend the audience& 39;
s segmentation by understanding the structure of the audience by device,
application, and usage environment to improve the effectiveness of the audience
engagements. It is also intended to track ad campaign strategies to identify
points of conversion and even to personalize campaigns to enhance efficiency.
The data management platform also supports end-users by analysing data and
matching consumers across different devices. It also allows marketers to
increase the conversion at each stage.
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The global data
management platform (DMP) market holds some of the key players and many
emerging companies such as Adobe Systems Inc (U.S.), Oracle Corporation (U.S.),
KBM Group LLC (U.S.), Neustar, Inc (U.S.), Rocket Fuel, Inc (U.S.), Krux
Digital Inc (U.S.), SAP SE (Germany), Lotame Solutions Inc (U.S.), Turn Inc
(U.S.), SAS Institute (U.S.), Cloudera Inc (U.S.) and Informatica (U.S.).
Segmentation:
The global data
management platform has been segmented based on data type, data source, and
end-user. Based on data type, the global data management platform has been
segmented into first party, second party, and third-party data. Among these,
the first party data is the most important data since the data collection
source has some sort of direct connection to the brand. They are either
existing customers or prospective customers. Marketers use this type of data to
turn potential users into customers and sell products to existing customers.
The first party data has the largest market share. However, the share of
third-party data continues to increase.
Based on data source, the
global data management platform has been segmented into web analytics tools,
mobile web, POS data, mobile apps, CRM data, and social networks, among others.
Out of these, social network, mobile apps, web analytics tools, and POS data
demonstrate a large share of data collection. The market for data management
platforms is primarily targeted at advertising agencies, marketers, and
publishers as end-users. Based on end-user, the global data management platform
has been segmented into Ad agencies, marketers, and publishers.
Regional
Analysis:
Region-wise,
the global data management platform market has been segmented into North
America, Europe, Asia Pacific, and the Rest of the world. North America is
estimated to dominate the global data management platform market, followed by
Asia pacific. This is mostly due to an increase in online customer and internet
usage. As technological advances grow, the growth of connected devices
increases the use of data sharing across various
platforms.
Industry News
The
global Database Management Platform Industry Trends has been affected due to the
lockdown across the regions. This pandemic situation has hampered the Database
Management Platform Industry Growth as
well as its productivity, supply chain, and others. Moreover, the global market
has lost its investors due to the increasing loss for the products, supply,
transportation, workforce, and others. However, in the meantime, the key market
players have implied various strategic techniques to boost global market
growth. Thus, to meet the global market demands, the global market increased
its speed in producing more valuable products for its intended customers.
Recently, the global market has stabilized its position in the global market
and is expected to register a higher Database Management Platform Industry Size for the forecast period.
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Full Report Details @ https://www.marketresearchfuture.com/reports/database-management-platform-market-6120
1 Executive
Summary
2 Scope
of the Report
2.1 Market
Definition
2.2 Scope of the
Study
2.2.1 Research
objectives
2.2.2 Assumptions
& Limitations
2.3 Markets
Structure
3 Market
Research Methodology
3.1 Research
Process
3.2 Secondary
Research
3.3 Primary
Research
3.4 Forecast
Model
Continued….
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