Press release
Consent Management Market Trends, Growth Factors, Size, Segmentation
Consent Management Market is expected to reach US$ 1614.52 Mn by 2029, at a CAGR of 19.90% during the forecast period.Consent Management Market Report Overview
A platform, tool, procedure, set of rules, or other system known as consent management is used to get users' or consumers' consent to handle their personal data whenever and wherever it is needed. Users may also edit and remove specific settings, store and modify preferences, and opt out of certain settings.
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What are Consent Management Market Dynamics?
One of the main factors propelling the market's expansion is the growing concern over consumer privacy and the increasing implementation of the most extensive rules and regulations pertaining to it. The market is anticipated to grow at a faster rate during the forecast period due to factors such as growing consumer demand to manage their preferences and consent, growing data breaches and cyberattacks, increasing adoption of consent management platforms among publishers, growing awareness of data compliance regulations, and an increase in the adoption of GDPR and CCPA data privacy policies by various businesses worldwide.
Consent Management Market Segmentation?
By touchpoint, the web app sector held a dominant market share in 2021 and is expected to increase rapidly. The rise in the market is ascribed to the growing usage of consent management platforms, which provide users' data privacy on online apps. The different web apps need to be executed on a variety of web browsers. Installing and downloading web application touchpoints to each end user's device is not necessary. In essence, web browsers are used to access many websites and do broad idea and phrase searches. Consent management solutions for web app touchpoints are therefore in more demand due to consumers' growing need for privacy when using the internet and their need for a better overall experience.
by Component
Software
Services
by Touchpoint
Mobile App
Web App
by Deployment Mode
Cloud
On-premises
by Organization Size
Large Enterprises
Small and Medium-sized Enterprises (SMEs)
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Who are Consent Management Market Key Players?
OneTrust, LLC Quantcast Cookiebot iubenda Trunomi Ltd TrustArc Inc Crownpeak Technology, Inc Piwik PRO BigID, Inc SAP SE Sourcepoint HIPAAT International Inc Didomi Osano, Inc
Table of content for the Consent Management Market includes:
Part 01: Executive Summary
Part 02: Scope of the Consent Management Market Report
Part 03: Global Consent Management Market Landscape
Part 04: Global Consent Management Market Sizing
Part 05: Global Consent Management Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Regional Insights:
The Asia Pacific region claimed the market's largest share in 2022 and is expected to witness significant growth with a CAGR of 31% throughout the forecast period. The automotive transmission industry in the Asia Pacific is rapidly expanding due to factors such as affordable labor, developing economies, and the presence of numerous major vehicle manufacturing companies. Strict regulations on vehicle emissions imposed by regional governments are driving the need for a variety of automotive systems. Increased vehicle sales, particularly in countries like South Korea, India, Japan, and China, are anticipated to have a positive impact on regional market growth.
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