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Digital Experience Platform Market Landscape 2025: Forecast Data and Growth Strategy Insights
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.What Is the Expected CAGR for the Digital Experience Platform Market Through 2025?
The market size for digital experience platforms has seen substantial growth in the past few years. A rise from $12.72 billion in 2024 to $13.94 billion in 2025, at a compound annual growth rate (CAGR) of 9.7%, is predicted. Factors contributing to this surge during the historic period include the increase in digital transformation initiatives, evolution of content management systems (CMS), widespread availability of digital channels, incorporation of analytics and insights, and acceptance of multichannel experiences.
What's the Projected Size of the Global Digital Experience Platform Market by 2029?
The size of the digital experience platform market is predicted to experience accelerated growth in the coming years. It is speculated to expand to $23.52 billion by 2029, with a compound annual growth rate (CAGR) of 14.0%. The anticipated growth in this period can be traced back to advancements in content collaboration and workflow optimization, transition to subscription and service-oriented models, emphasis on environmental sustainability, persistent adoption of low-code and no-code development, proliferation of augmented and virtual reality (AR/VR) experiences, voice, and conversational mediums of interaction. The key trends projected for this period are environmental and accessibility considerations, personalized, and customer-focused experiences, multi-platform and cross-channel experiences, decoupled and headless CMS architectures, and the inclusion of artificial intelligence and machine learning.
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Top Growth Drivers in the Digital Experience Platform Industry: What's Accelerating the Market?
The surge in cloud-based services is predicted to fuel the expansion of the digital experience platform market. An approach to enhance internet-based database scalability while reducing costs and risks is cloud adoption. To realize this, firms employ cloud computing, which are remote internet-based computers used to store, manage, and process vital data. For example, in 2022, CloudZero, an American firm specializing in cloud cost intelligence, reported that SMEs devoted 47% of their tech budgets to cloud services, reflecting a 67% rise from the previous year. More so, forecasts for 2023 suggest that SMEs will allot over 50% of their total tech budgets to cloud ventures, showing an ongoing movement to cloud-based solutions in order to adapt to changing business demands and improve operational efficiency. Hence, the growth and spending on cloud services are expected to propel the digital experience platform sector.
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What Trends Will Shape the Digital Experience Platform Market Through 2029 and Beyond?
The proliferation of technology is becoming a notable trend within the digital experience platform industry. Big industry players are concentrated on developing and providing platforms enhanced with cutting-edge technology and related solutions to reinforce their market standing. They are incorporating state-of-the-art digital experience platforms and technological advancements such as big data analytics, AI, machine learning, cloud computing, workflow analytics, multichannel support, among other things, into their offerings. These innovations enable companies to design and implement digital experiences for enterprises more rapidly and consistently. To illustrate, in November 2022, Optimizely, an American digital experience platform (DXP) provider, introduced its advanced platform on Microsoft Azure Marketplace which offers applications and services for Azure use. This superior digital experience platform, driven by AI, includes features like content management, commerce, and personalization solutions. Additionally, it provides users with personalization characteristics.
What Are the Main Segments in the Digital Experience Platform Market?
The digital experience platform market market covered in this report is segmented -
1) By Component: Platform, Services
2) By Deployment: Cloud, On-Premises
3) By Application: Business-to-Consumer, Business-to-Business, Other Applications
4) By Vertical: Retail, BFSI, Travel & Hospitality, IT & Telecom, Healthcare, Manufacturing, Media and Entertainment, Public Sector, Other Verticals
5) By Organization size: Large Enterprise, Small & Medium Enterprise
Subsegments:
1) By Platform: Content Management Systems (CMS), Customer Data Platforms (CDP), Digital Asset Management (DAM), Analytics And Insights Tools, Personalization Engines
2) By Services: Consulting Services, Integration Services, Implementation Services, Training And Support Services, Maintenance And Optimization Services
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Which Top Companies are Driving Growth in the Digital Experience Platform Market?
Major companies operating in the digital experience platform market market include Adobe Inc., Oracle Corporation, SAP SE, The International Business Machines Corporation, Microsoft Corporation, Salesforce Inc., Open Text Corporation, Simple DirectMedia Layer, Sitecore, Acquia Inc., Jahia Solutions Group SA, Squiz, Bloomreach Inc., Liferay Inc., Kentico Software, censhare, Progress Sitefinity, SDL Tridion, Crownpeak Technology Inc., Optimizely, Firelay Cloud Services, Siteimprove, CoreMedia AG, e-Spirit AG, Elcom International, Ingeniux Corporation, Agility CMS, Zesty. io Platform Inc.
Which Regions Will Dominate the Digital Experience Platform Market Through 2029?
North America was the largest region in the digital experience platform market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital experience platform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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