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Content Recommendation Engine Market Future Scope, Opportunities with Strategic Growth and Top Players

01-27-2022 09:24 AM CET | IT, New Media & Software

Press release from: SDKI

Content Recommendation Engine Market Future Scope,

SDKI Inc. published a new report on "Content Recommendation Engine Market-Global Forecast 2030". This study includes the statistical and analytical approaches needed to grow the content recommendation engine market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-109533

The content recommendation engine market is estimated to grow from a market value of US $ 4.95 billion in 2022 to US $ 37.80 billion by 2030, with a CAGR of 33.7% during the forecast period.

The Content Recommendation Engine is an analytical tool for generating meaningful recommendations for products and items that may be of interest to a particular user. The content recommendation engine works with the search keywords that users use to help explain what they are looking for. It also works in user profiles to help later indicate the type of item or product that the user prefers. To create a user profile, the recommendation engine focuses on the history of user interactions with the engine.

Factors such as increased focus on improving the customer experience, rapid digitization, and the need to analyze large amounts of customer data are expected to drive the growth of the content recommendation engine market. In addition, the increasing use of artificial intelligence in recommendation engines to provide a personalized customer experience is expected to create favorable growth opportunities for this market. However, protecting customer sensitive information and lacking technical expertise are key factors that slow market growth.

Market segment

The content recommendation engine market is by component (solutions, services), filtering approach (cooperative filtering, content-based filtering, hybrid filtering), organizational size (large companies, SMEs), and industry (e-commerce, media). , Entertainment games, retail / consumer goods, hospitality), and by region. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Based on the components, the solution segment is estimated to lead the content recommendation engine market.

Based on the components, the solution segment is expected to lead the market during the forecast period. Companies are using it as a targeted marketing tool in email campaigns and websites to improve ROI through effective customer engagement. This factor is expected to drive growth in this segment. Companies are increasingly deploying content recommendation systems with a variety of benefits, including increased customer satisfaction with a personalized online shopping experience.

Regional Overview

The content recommendation engine market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, UK, and other Europe), Asia Pacific (China, Japan, India, Australia, and other Asia Pacific). ) And other regions.

The Asia Pacific content recommendation engine market is expected to grow at the largest CAGR during the forecast period. Factors such as the rise of over-the-top (OTT) players and the rapid digitization are expected to increase the deployment of content recommendation engines in the region. The demand for content recommendation engine solutions is high for SMEs in the region. Meanwhile, the North American content recommendation engine market is expected to grow at a significant rate during the forecast period. This is expected to be due to technological advances in the region and the increasing importance of innovation.

Key Players in the Market

The key players in the Content Recommendation Engine market are Amazon Web Services (US), Boomtrain (US), Certona (US), Curata (US), Cxense (Leway), and Dynamic Yield (US). ), IBM (US), Kibo Commerce (US), Outbrain (US), Revcontent (US), Taboola (US), ThinkAnalytics (UK) and more. The survey includes a detailed competitive analysis of these key companies in the content recommendation engine market, corporate profiles, recent developments, and key market strategies.

Detailed contents of the survey report
https://www.sdki.jp/reports/content-recommendation-engine-market/109533

Contact Us

Hina Miyazu
15/F Cerulean Tower, 26-1 Sakuragaoka-cho
Tokyo, Shibuya-ku, Japan
+ 81345720790
sales@sdki.jp

SDKI Inc. Company Profile

SDKI Inc.'s goal is market scenarios in various countries such as Japan, China, the United States, Canada, the United Kingdom, and Germany. Is to clarify. We also focus on providing reliable research insights to clients around the world, including growth indicators, challenges, trends and competitive environments, through a diverse network of research analysts and consultants. With SDKI gaining trust and a customer base in more than 30 countries, SDKI is even more focused on expanding its foothold in other pristine economies.

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