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Comprehensive analysis on Consent Management Market| Key Players are Consentmanager.net, Cybot, CIVIC, RAKUTEN MARKETING, Piwik PRO, Silktide Ltd, Crownpeak Technology, Inc., TrustArc Inc., OneTrust, LLC, and Trunomi Ltd

07-03-2019 07:03 AM CET | IT, New Media & Software

Press release from: marketstudyreport.com

/ PR Agency: Consent Management Market
Comprehensive analysis on Consent Management Market| Key

MarketStudyReport.com Adds New Consent Management Market 2019 – 2027 research report providing information and data by Component, Deployment Type, End Use Industry, Industry Analysis, Regional Outlook, Growth Potential, Competitive Market Share & Forecast spreading across 155 Pages with table and figures in it.

Europe, consent management market, is recognized for being the region with significant penetration of consent management solution. The region is a hub of technological developments that compliances with economically robust countries. Thus, more than half of internet users in Europe are more concerned with their online safety and consent than before. This is mainly attributed to the region's ability to remain digitally advanced with customer-centric businesses. Also, as the service sector dominates the market, consumer data is the most crucial asset of the majority of companies operating in the region. Many of the US states have passed legislation and introduced the expansion of data breach notification rules and replicated some of GDPR's protection policies. Similar to the European counterparts, these laws intend to offer better control and transparency over the personal data of the consumers. These factors are expected to drive the consent management market in North America.

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There is a rapid boom in the privacy technology market in recent years fueling consent management market. The number of vendors for consent management market is continuously increasing in the past years. The marketplace of privacy technology has increasingly become a dynamic ecosystem. More than 800 companies provide consent management owing to the new compliance requirements by the GDPR. Technology plays a crucial role in contemporary consent management. There is an uptick in the usage of privacy technology; also, the overall privacy budgets are increasing every year.

The global consent management market was valued at US$ 85.60 Mn in 2018 and is expected to reach US$ 717.57 Mn by 2027 with a CAGR growth rate of 26.9% in the forecast period. The global consent management market has witnessed some profound changes in the owing to growing awareness towards data compliance, and majorly the advent of the GDPR legislation by the European Union (EU). Rising internet users and digitization initiatives have led to numerous businesses dependent upon digital content. The digital opportunity had been effectively led by individual companies who revolutionized the concept of data management through the internet. Monetization of data obtained through the internet led to numerous revenue streams for advertisement and marketing companies, however, caused troubles to the users who shared data.

The consent management market by deployment type is segmented into on premise and cloud. Further, the companies that are planning to make substantial investments in consent management are expected to swiftly shift towards the modern platform by adopting either multi-tenant or cloud-based solutions. The adoption of on-premises or cloud-based consent management is also highly influenced by the willingness of the companies to switch to novel vendors offering advanced consent management solutions. Apart from the large enterprises, various small and medium enterprises in the region are also adopting consent management solutions. This trend is predominantly driven by the presence of a new category of cloud-only solutions, which are providing affordable as well as free subscription based models with quick setup. In the year 2018, the global consent management market experienced massive growth in the adoption of consent management by small and medium businesses.

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The key players of consent management market are Consentmanager.net, Cybot, CIVIC, RAKUTEN MARKETING, Piwik PRO, Silktide Ltd, Crownpeak Technology, Inc., TrustArc Inc., OneTrust, LLC, and Trunomi Ltd.

Table of content:
1. INTRODUCTION
1.1 SCOPE OF THE STUDY
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3 MARKET SEGMENTATION
1.3.1 Consent Management Market - By Component
1.3.2 Consent management Market - By Deployment Mode
1.3.3 Consent management Market - By End Use Industry
1.3.4 Consent Management Market - By Geography
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
3.1 COVERAGE
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
4. CONSENT MANAGEMENT MARKET LANDSCAPE
4.1 MARKET OVERVIEW
4.2 PEST ANALYSIS
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 ASIA PACIFIC PEST Analysis
4.2.4 Middle East & Africa PEST Analysis
4.2.5 South America PEST Analysis
4.3 ECOSYSTEM ANALYSIS
4.4 EXPERT OPINION
5. CONSENT MANAGEMENT MARKET - KEY INDUSTRY DYNAMICS
5.1 KEY MARKET DRIVERS
5.1.1 Accentuating Incidents of Individual's Information Breaches across Various Industries
5.1.2 Changing regulations and Norms in favour of market growth
5.1.3 Growth in the technology market
5.2 KEY MARKET RESTRAINTS
5.2.1 Preferred lesser over other privacy tools
5.2.2 Lack of skilled professionals
5.3 KEY MARKET OPPORTUNITY
5.3.1 Growth in emerging markets
5.4 FUTURE TRENDS
5.4.1 Integration of block chain technology
5.5 IMPACT ANALYSIS
6. CONSENT MANAGEMENT- GLOBAL MARKET ANALYSIS
6.1 GLOBAL CONSENT MANAGEMENT MARKET OVERVIEW
6.2 GLOBAL CONSENT MANAGEMENT MARKET FORECAST AND ANALYSIS
6.3 MARKET POSITIONING/ MARKET SHARE
7. CONSENT MANAGEMENT MARKET REVENUE AND FORECASTS TO 2027 - COMPONENT
7.1 OVERVIEW
7.2 CONSENT MANAGEMENT MARKET BREAKDOWN, BY COMPONENT, 2018 & 2027
7.3 SOFTWARE
7.3.1 Overview
7.3.2 Software Market Revenue and Forecasts to 2027 (US$ Mn)
7.4 SERVICE
7.4.1 Overview
7.4.2 Service Market Revenue and Forecasts to 2027 (US$ Mn)
8. CONSENT MANAGEMENT MARKET REVENUE AND FORECASTS TO 2027 - DEPLOYMENT TYPE
8.1 OVERVIEW
8.2 CONSENT MANAGEMENT MARKET BREAKDOWN, BY DEPLOYMENT TYPE,
2018 & 2027
8.3 ON-PREMISE
8.3.1 Overview
8.3.2 On-Premise Market Revenue and Forecasts to 2027 (US$ Mn)

Related Report:

Global Consent Management Services Market Size, Status and Forecast 2019-2025

Consent management is a system, process or set of policies for allowing consumers and patients to determine what health information they are willing to permit their various care providers to access. It enables patients and consumers to affirm their participation in e-health initiatives and to establish consent directives to determine who will have access to their protected health information (PHI), for what purpose and under what circumstances. Consent management supports the dynamic creation, management and enforcement of consumer, organizational and jurisdictional privacy policies.

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