Tag Management Software Market is expected to grow USD 1.86 Billion at a Cagr 10.20% up to 2030
A
recent analysis by Market Research Future (MRFR) projects that the market for tag
management software will increase by USD 1.86 billion at a CAGR of 10.20%
through 2030.
With
businesses ready to take their digital marketing system to the subsequent
level, the demand for data governance policies is observing a continuous rise.
This factor is projected to solidify the growth of tag management software
market. Its proliferation into other segments such as connected devices and
Internet of Things (IoT) can ensure a better prospect in the review period. At
the same time, customers are increasing the demand for personalized tags, which
are generating more scope for the expansion and tag management software market
can surely benefit from this.
Despite its productive usage in the digital media marketing system, the tag
management software market is expected to witness a hindrance from the other
digital and web-based marketing technologies over the review period. Lack of
ownership of tags can also pose as a challenge and technical hands to
proficiently handle the operative tasks can dampen the tag management software
market growth over the assessment period.
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Segmentation:
The
global market for tag management software is segmented on the basis of
solution, application, deployment, organization size, and vertical.
Based on the solution, the tag management software market can be segmented into
data governance, data quality, customer analytics, artificial intelligence, web
analytics, and others. Data governance segment is accounted for the leading
market share over the review period.
On the basis of the application, the tag management software market can be
segmented into user experience management, risk and compliance management,
campaign management, content management, and others. Campaign management
segment is accounted for the leading market share over the forecast period.
Based on the deployment, the tag management software market can be segmented
into the cloud and on-premise. The cloud segment is accounted for the dominant
market share over the review period.
On the
basis of organization size, the tag management software market can be segmented
into small & medium enterprises (SMEs), and large enterprises. Large
enterprises segment is accounted for the maximum market share over the review
period.
Based
on the vertical, the tag management software market includes IT &
telecommunication, banking, financial services, and insurance (BFSI),
healthcare, manufacturing, retail, media & entertainment, and others.
Production is accounted for the dominant market share over the assessment
period.
Regional Analysis
Based
on the region, the global tag management software segment is segmented into
North America, Asia Pacific, Europe, and the rest of the world including middle
east, Latin America, and Africa.
North America is leading the global market for tag management software with a
maximum share over the forecast period. Infrastructural preeminence and
inclination to adapt to the latest market models to stay ahead of the rest has
given the regional market a boost. Furthermore, significant companies are
mostly from North America which gives it an edge over the rest.
Europe
is the fastest-growing region over the review period. The regional market
shares the same features as that of North America, which is giving the market
adequate boost and opportunity to explore new regions. In addition, countries
from Western Europe are forming sufficient opportunities for the tag management
software market to expand over the review period.
Key Players
Major market players identified by MRFR in the tag management software market
are Google LLC (U.S.), IBM Corporation (U.S.), Adobe Systems Inc. (U.S.),
Tealium (U.S.), Ensighten (U.S.), Oracle Corporation (U.S.), Adform (Denmark),
AT Internet (France), Commanders Act (France), Datalicious (Australia), Matomo
(U.S.), Mezzobit (U.S.), Qubit (U.K.), Relay 42 (Netherlands), Segment (U.S.),
Signal (U.S.), Sizmek (U.S.), Piwik Pro (U.S.), Innocraft (New Zealand), Yottaa
(U.S.), Datalicious Pty Ltd (Australia), Hub’Scan (U.S.), and Rakuten Inc.
(Japan).
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Table
Of Contents
1
Executive Summary
2
Market Introduction
2.1
Definition
2.2
Scope Of The Study
2.3
List Of Assumptions
2.4
Market Structure
3
Market Insights
4
Research Methodology
4.1
Research Process
4.2
Primary Research
4.3
Secondary Research
4.4 Market
Size Estimation
4.5
Forecast Model
5
Market Dynamics
5.1
Introduction
5.2
Drivers
5.2.1
Increasing Demand For Established Data Governance Policies
5.2.2
Rising Need For Established Data Governance Policies
5.3
Restraints
5.3.1
Proliferation Of Digital And Web-Based Marketing Technologies
5.4
Opportunities
5.4.1
Real-Time Data Analytics Creating Opportunities For Marketers
5.4.2
Demand For Customized Tag Management Systems
5.5
Challenges
5.5.1
Issues Related To Ownership Of Tags
5.5.1
Lack Of Technical Expertise
5.6
Value Chain Analysis
5.7
Porter’s Five Forces Model
5.7.1
Threat Of New Entrants
5.7.2
Bargaining Power Of Suppliers
5.7.3
Bargaining Power Of Buyers
5.7.4
Threat Of Substitutes
5.7.5
Intensity Of Rivalry
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