Database Management Platform Market | Future key player Krux Digital Inc (U.S.), SAP SE Industry Predicted forecast Year - 2030
Database Management Platform Market Scenario:
According to Market Research
Future (MRFR), the Database
Management Platform Market size USD 158.57 Billion a 11.53 % CAGR is
estimated to guide the development of the market in the forthcoming period
2020-2030 .
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.
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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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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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