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Consent Management Platform (CMP) Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

09-12-2023 10:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Consent Management Platform (CMP) Market is Anticipated

The global Consent Management Platform (CMP) market is anticipated to grow at a significant CAGR during the forecast period. The major factor driving the growth of the global Consent Management Platform (CMP) market during the forecast period is the increasing concern regarding consumer data privacy globally. Many organizations adopt data privacy software owing to the General Data Protection Regulation (GDPR) regulations which necessitate businesses providing consent, choice, and control into the value exchange with their customers online. Additionally, the CPM is required to take consent from the consumers from accepting cookies to email addresses, among others.

Furthermore, the growth of the market is can also be attributed to the increasing digital advertising trends across the globe. Additionally, CMP helps an organization to adhere to policy guidelines from the government to protect and take consent from consumers to collect and use their data. Many governments across the globe are issuing policies such as the US' California Consumer Privacy Act (CCPA), and India's Personal Data Protection Bill (PDP), among others which are driving the adoption of CMP which in turn is boosting the growth of the market.

The major companies serving the global Consent Management Platform (CMP) market include OneTrust, Quantcast, Piwik PRO, TrustArc and CookieYes Ltd. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, partnerships and collaborations, and geographical expansion, to stay competitive in the market. For instance, in July 2020, Didomi announced the launch of its consent management platform (CMP) on the cross-platform game Unity. The launch was aimed to allow game publishers to better monetize their apps while complying with increasingly tough privacy regulations across the globe.

To Request a Sample of our Report on Consent Management Platform (CMP) Market: https://www.omrglobal.com/request-sample/consent-management-platform-cmp-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-

By Component
By Deployment Mode
By Application
Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- OneTrust, Quantcast, Piwik PRO, TrustArc and CookieYes Ltd.
A full Report of Consent Management Platform (CMP) Market is Available @ https://www.omrglobal.com/industry-reports/consent-management-platform-cmp-market

Consent Management Platform (CMP) Market Report by Segment

By Component

Software
Service
By Deployment Mode

On-Premise
Cloud
By Application

Large Enterprise
SMEs
Consent Management Platform (CMP) Market Report by Region

North America

United States
Canada
Europe

UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific

India
China
Japan
South Korea
Rest of APAC
Rest of the World

Latin America
Middle East and Africa
Company Profiles

ONETRUST
QUANTCAST
PIWIK PRO
TRUSTARC
COOKIEYES LTD.
IUBENDA
TRUNOMI
CROWNPEAK
BIGID
SECURITI
CROWNPEAK TECHNOLOGY
SEERS CO.
Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/consent-management-platform-cmp-market

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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