Pune, Maharashtra -- (SBWire) -- 08/18/2023 --According to HTF Market Intelligence, the Global Digital Experience Platform market to witness a CAGR of 9.24% during forecast period of 2023-2028. The market is segmented by Global Digital Experience Platform Market Breakdown by Application (Manufacturing, IT & Telecom, BFSI, Healthcare, Travel & Hospitality, Public Sector, Media & Entertainment, Retail) by Type (Platform, Services) by Organization Size (SMEs, Large Enterprises) by Deployment Mode (On-premise, Cloud) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Digital Experience Platform market size is estimated to increase by USD 3.57 Million at a CAGR of 9.24% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 5.2 Million.
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HTF Market Intelligence published a new research document of 150+pages on" Digital Experience Platform Market Insights, to 2028" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Digital Experience Platform market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Adobe Inc., Opentext Corporation, SAP SE, IBM Corporation, Salesforce.com, Inc, Liferay, Acquia , Sitecore, Oracle Corporation, Bloomreach, Kentico , censhare AG
Definition:
The Digital Experience Platform (DXP) market refers to the technology solutions and platforms that enable organizations to deliver seamless, personalized, and engaging digital experiences to their customers across multiple channels, such as websites, mobile apps, social media, and other digital touchpoints. DXPs integrate various tools and capabilities, including content management, customer relationship management (CRM), analytics, personalization, and marketing automation, to provide a unified and cohesive digital experience for users.
Market Trends:
Voice-Enabled Experiences: Rise in voice assistants and voice-activated devices driving the need for DXPs to support voice-enabled interactions and optimize content for voice search.
Progressive Web Applications (PWAs): Adoption of PWAs, which combine the features of websites and mobile apps, allowing for enhanced user experiences and offline access.
Market Drivers:
Digital Transformation Initiatives: Increasing investment in digital transformation strategies, driving the need for DXPs to centralize and manage digital touchpoints effectively.
Mobile and Multi-Channel Adoption: Proliferation of mobile devices and the expansion of digital channels, necessitating DXPs to enable consistent experiences across different devices and touchpoints.
Market Opportunities:
Small and Medium-Sized Enterprises (SMEs): Adoption of DXPs by SMEs seeking cost-effective solutions to enhance their digital presence and engage customers effectively.
Emerging Markets: Untapped potential in emerging markets where digital adoption is increasing, creating opportunities for DXPs to cater to the growing digital needs of businesses.
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Digital Experience Platform Market: Platform, Services
Key Applications/end-users of Digital Experience Platform Market: Manufacturing, IT & Telecom, BFSI, Healthcare, Travel & Hospitality, Public Sector, Media & Entertainment, Retail
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With this report you will learn:
- Who the leading players are in Digital Experience Platform Market?
- What you should look for in a Digital Experience Platform
- What trends are driving the Market
- About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Digital Experience Platform vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
List of players profiled in this report: Adobe Inc., Opentext Corporation, SAP SE, IBM Corporation, Salesforce.com, Inc, Liferay, Acquia , Sitecore, Oracle Corporation, Bloomreach, Kentico , censhare AG
Who should get most benefit from this report insights?
- Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Digital Experience Platform
- Marketers and agencies doing their due diligence in selecting a Digital Experience Platform for large and enterprise level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of Digital Experience Platform Market
Digital Experience Platform Size (Sales Volume) Comparison by Type (2023-2028)
Digital Experience Platform Size (Consumption) and Market Share Comparison by Application (2023-2028)
Digital Experience Platform Size (Value) Comparison by Region (2023-2028)
Digital Experience Platform Sales, Revenue and Growth Rate (2023-2028)
Digital Experience Platform Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of Digital Experience Platform
Digital Experience Platform Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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