Europe Data Management Platform Market Research Report Forecast to 2030
A data management platform (DMP) is a software application that collects, organizes, and activates first-, second-, and third-party audience data from multiple online, offline, and mobile sources. It then uses that information to create extensive consumer profiles, which are used to drive targeted advertising and personalization campaigns. A DMP makes aggregated client profiles available to other tools, such as ad exchanges, demand-side platforms (DSPs), and supply-side platforms (SSPs), to improve targeting, personalization, and content customization.
The Europe data management platform (DMP) market is estimated to garner a large amount of revenue and grow at a CAGR of 14.2 % over the forecast period, i.e., 2022–2030. The market's expansion is attributable to the increasing requirement to collect data from sources such as CRM data, POS data, mobile web & apps, social networks, web analytics tools, and others is propelling the data management platform market. The use of DMP by marketers to target customers and match their needs across devices is significantly increasing the growth of the data management platform market over the projected period 2022-2030. Data management is concerned with the information sources that drive a business, such as product, location, supplier, customer, and asset. The growing use of DMP minimizes redundancy and inefficiencies caused by illegible stored data. Furthermore, it meets the demand for organizations to improve the consistency and quality of their important data assets, such as product data, customer data, location data, and asset data.
Market SegmentationEurope’s data management platform (DMP) market has been segmented based on data type, data source, deployment model, and end-use verticals and country. Based on data type, the market has been segmented into first-party data, second-party data, and third-party data. By data source, the market is divided into web and mobile data, CRM data, POS data, and others. By deployment model, the market is bifurcated into cloud and on-premises. Based on end-use verticals, the Europe data management platform (DMP) market has been segmented into Ad agencies, marketers, publishers, and others. Based on country, the market is segmented into Germany, the UK, Spain, Italy, France, Sweden, Switzerland, Netherlands, and the Rest of Europe.
Major PlayersThe major market players include Oracle, Lotame Solutions, Inc., Adobe, Neustar, Inc., Acxiom LLC, and Others. These players focus on innovation and thus, invest in research and development to present a cost-effective product portfolio.
Companies MentionedOracle
Lotame Solutions
Inc.
Adobe
Neustar
Inc.
Acxiom LLC
and Others.
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