Europe Consent Management Market Will Likely To Expand At A Steady Cagr Of 18.5% By 2020-2027 | Consentmanager.net,Crownpeak Technology, Inc.,IBM Corporation,Trustarc Inc.

The consent management market in Europe was valued at US$ 121.0 million in 2019 and is projected to reach US$ 455.84Mn by 2027; it is expected to grow at a CAGR of 18.5% from 2020 to 2027.

Effective from 25thMay, the EU GDPR regulation was introduced to improve the protection of European data rights and also standardize the process of safeguarding these rights. However, GDPR is not the sole consent management regulation creating an obligatory environment for all multinational organizations. There are various data privacy regulations, such as the California Consumer Privacy Act (CCPA) of September 2018, was emerged because of GDPR. Although the changes are anticipated to take place before its enactment in the year 2020, the organizations are avidly looking for tools and solutions that would enable them to assess their readiness for the upcoming norms and regulations. The vendors catering to the needs of businesses across the globe are focusing upon developing the tools that would allow the companies to assess their compliance. Therefore, stringent regulations regarding user data privacy are expected to drive the growth of the consent management market.

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Key players:

1. Consentmanager.net
2. Crownpeak Technology, Inc.
3. IBM Corporation
4. Trustarc Inc.
5. ONETRUST, LLC
6. PIWIK PRO
7. RAKUTEN ADVERTISING
8. CYBOT

In Europe, UK, Spain, and Italy are worst-hit countries by the coronavirus outbreak. As UK, Spain, Italy, and Germany recorded the highest number of confirmed coronavirus cases and the number of deaths on a daily basis are growing at an alarming rate. The entire region has reported 2 434 184 positive cases and 188 779 deaths as per the report released by WHO of 16June, 2020. The region is suffering tremendous economic loss due to a limited revenue generation from various industries and supply chain disruptions.

Based on the deployment, the consent management market is segmented into on-premise and cloud. The company hosts the entire process and management of software within the enterprise in an on-premise environment; whereas, in the cloud, a third-party provider arranges and manages entire activities for the enterprise. The benefit of third party providers permits the companies to pay on the basis of requirement and effectively scale up or down subject to the requirement of the user, overall usage, and growth of the company. Therefore, it is largely adopted by small and medium enterprises. Deployment of cloud eliminates capital-related overheads, the feature of data back up on a regular basis is available, and also the companies using cloud based solutions are entitled to pay only for the resources they utilize.

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Fundamentals of Table of Content:

1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered

2 Global Growth Trends
2.1 Europe Consent Management Market Size
2.2 Europe Consent Management Growth Trends by Regions
2.3 Industry Trends

3 Market Share by Key Players
3.1 Europe Consent Management Market Size by Manufacturers
3.2 Europe Consent Management Key Players Head office and Area Served
3.3 Key Players Europe Consent Management Product/Solution/Service
3.4 Date of Enter into Europe Consent Management Market
3.5 Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product
4.1 Global Europe Consent Management Sales by Product
4.2 Global Europe Consent Management Revenue by Product
4.3 Europe Consent Management Price by Product

5 Breakdown Data by End User
5.1 Overview
5.2 Global Europe Consent Management Breakdown Data by End User

Sameer Joshi
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