Global Consent-Management Platform Market by Type (Cloud-based, On-premise), By Application (BFSI, IT and Telecom, Government, Healthcare, Higher Education, Retail and E-commerce, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global consent-management platform market is expected to grow at a CAGR of xx% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing need for data privacy and security, and the rising trend of BYOD (Bring Your Own Device). Additionally, the growing demand for cloud-based consent-management platforms is also contributing to the growth of this market. However, lack of awareness about consent management among end users may restrain the growth of this market during the forecast period. On basis on type, cloud-based consent management platforms are expected to witness higher adoption than on premise solutions during 2018–2030. This can be attributed majorly due high flexibility and scalability offered by these platforms over traditional on premise solutions. Further, North America is estimated dominate global Consent Management Platform Market in terms with revenue contribution followed by Europe region throughout forecast period i.e.



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Product Definition:

A consent-management platform is a software application that enables businesses to gather and manage customer consent for the collection, use, and disclosure of their personal data. The importance of a consent-management platform is that it helps organizations ensure they are in compliance with privacy regulations such as the General Data Protection Regulation (GDPR) by providing a centralized location where customers can review and approve how their data will be used. It also makes it easier for companies to obtain customer consent for marketing purposes, since customers can easily give or deny approval through the platform.

Cloud-based:

Cloud-based solutions are expected to witness significant growth over the forecast period. This can be attributed to factors such as low cost of implementation, high scalability and flexibility, and real-time data tracking. The technology offers benefits such as consent management platform (CMP), which helps in managing user consent for various applications or services. It also helps organizations manage user data effectively by providing granular control on a global scale.

On-premise:

On-premise solutions are software and hardware installed at the organization's headquarters to provide services such as email, file storage, and database processing. The term on-premise is generally used for referring to computer systems or applications that are operated by an individual or small business from their system of choice; these include desktop computers, laptops, smartphones/tablets etc.

Application Insights:

The banking, financial services, and insurance (BFSI) segment dominated the global consent-management platform market in 2017. The BFSI sector is one of the largest adopters of cloud-based technologies owing to its need for data mobility and flexibility. Moreover, increasing regulatory pressure on banks to reduce operational costs by eliminating paper work will drive the adoption of CM platforms in this industry over the forecast period.

The IT and telecom segment is expected to register a notable CAGR over the forecast period as companies are realigning their strategies towards digital transformation initiatives. Consent management in this sector helps organizations control access rights for users across different applications or devices while protecting sensitive information from leakage or improper disclosure. This factor is anticipated to fuel industry growth during future years.

Regional Analysis:

The market in North America is expected to grow at a significant rate over the forecast period owing to the increasing adoption of cloud-based technologies. The U.S., being one of the most developed countries, has been witnessing an increase in investments and implementation of advanced technologies across various sectors including healthcare, higher education, and others. This factor is anticipated to fuel industry growth over the next eight years.

The European region dominated the global market with a revenue share exceeding 20% in 2017 due to high IT & telecom sector penetration across several economies such as Germany and France among other European countries that have adopted this technology early on for their core business operations.

Growth Factors:

Increasing awareness about data privacy and protection among individuals and organizations
Stringent government regulations for data privacy and protection
Growing demand for consent management from healthcare sector
Proliferation of digital marketing and advertising techniques
Emergence of new consent management platforms


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Scope Of The Report
Report Attributes
Report Details
Report Title
Consent-Management Platform Market Research Report
By Type
Cloud-based, On-premise
By Application
BFSI, IT and Telecom, Government, Healthcare, Higher Education, Retail and E-commerce, Others
By Companies
OneTrust, Nymity, TrustArc, Consent Systems Ltd, IBM, HIPAAT International, Quantcast, Trunomi, PactSafe, Rakuten Affiliate Network
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.

Global Consent-Management Platform Market Report Segments:
The global Consent-Management Platform market is segmented on the basis of:
Types
Cloud-based, On-premise
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, IT and Telecom, Government, Healthcare, Higher Education, Retail and E-commerce, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
OneTrust
Nymity
TrustArc
Consent Systems Ltd
IBM
HIPAAT International
Quantcast
Trunomi
PactSafe
Rakuten Affiliate Network



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Highlights of The Consent-Management Platform Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Cloud-based
On-premise
By Application:
BFSI
IT and Telecom
Government
Healthcare
Higher Education
Retail and E-commerce
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Consent-Management Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
Identifying Appropriate Advertising Appeals



8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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