Market Overview:
The global multiexperience development solutions market is expected to grow from USD 2.02 billion in 2018 to USD 5.06 billion by 2030, at a CAGR of 13.8% during the forecast period. The growth of the multiexperience development solutions market is attributed to the increasing demand for digital transformation and rising need for customer-centric applications across enterprises. The global multiexperience development solutions market is segmented by type, application, and region. By type, the market is divided into platforms and services. Platforms are further classified into web browsers, mobile operating systems (OS), and wearables OSs; while services are categorized into design & consulting services, deployment & integration services, managed services, and training & support services). By application, the market is segmented into small & mid-size enterprises (SMEs) and large enterprises SMEs are expected to account for a larger share of the multiexperience development solutions market in 2018 owing to their growing demand for innovative customer experiences across industries such as retail BFSI , travel & hospitality , automotive , etc.). Large enterprises are also anticipated to witness significant growth during the forecast period due to their increasing focus on enhancing customer experience through digital channels such as websites social media apps ). Geographically,, North America,, Europe Asia Pacific ),andare analyzed in this study .
Product Definition:
Multiexperience Development Solutions is a term that refers to the use of multiple channels and devices to interact with a customer or user. This includes using websites, mobile apps, social media, and other digital platforms in addition to traditional methods such as phone calls or in-person visits. The goal of multiexperience development solutions is to provide a consistent experience across all channels and devices so that the customer feels like they are interacting with a single entity rather than multiple separate ones. Multiexperience development solutions are important because they allow companies to better serve their customers by providing a more cohesive experience across all interactions.
Platforms:
Platforms are software-based solutions that provide a framework for developing multipleexperience development solutions. It is used to develop web applications, mobile apps, and desktop applications using the latest technologies such as cloud computing and social media. The multiexperience development platforms include tools such as visual studio platform, Wix platform etc., which help in reducing the time required to develop an application by streamlining the process from concept to deployment.
Services:
Multiexperience Development Solutions (MDS) is a software development process that involves more than one technology or skill set. It requires integration of different capabilities and skills to develop solutions for complex business problems. MDS includes interaction design, application development, testing & QA, content management system implementation along with services such as training & consulting which are used by the organization to maintain their existing systems or deploy new ones.
Application Insights:
The large enterprises segment dominated the global multiexperience development solutions market in 2017. The segment is expected to witness a CAGR of XX% from 2018 to 2030. This growth can be attributed to the growing adoption of these services by large enterprises for their internal business applications and new product development initiatives. For instance, Salesforce has introduced numerous products and services based on customer insights which have helped companies improve their marketing efforts, sales productivity and customer service delivery processes significantly. Such offerings are driving the demand for multiexperience development solutions among large enterprises as they offer significant cost savings as well as operational efficiencies across various departments within an organization thus contributing towards a substantial share of this market revenue generation in near future.
The SMEs or start-ups operating with limited resources face several challenges while developing mobile apps due to high costs associated with software engineering, design & branding etc.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to the increasing adoption of MES in various industries, such as manufacturing, BFSI, retail & e-commerce and others. In addition, rising demand for cloud computing solutions is also anticipated to drive regional growth over the forecast period.
Asia Pacific region accounted for more than 30% of global revenue share in 2017 and is estimated to continue its dominance over the next seven years owing to factors such as growing IT sector and rapid technological advancements across all major verticals including healthcare & life sciences; BFSI; telecom & ITES; banking & financial services (BFS); government; energy& utilities (GTE) among many others.
Growth Factors:
- Increasing demand for multiexperience development solutions from small and medium businesses (SMBs) due to the growing need for enhanced customer experience.
- Proliferation of digital technologies, which is resulting in the increasing demand for multiexperience development solutions that can help organizations to create engaging digital experiences across different channels.
- The rising trend of BYOD (Bring Your Own Device) and COPE (Corporate Owned Personally Enabled) among employees, which is driving the demand for multiexperience development solutions that can provide a unified experience across different devices and platforms.
- Growing focus on customer retention and loyalty by organizations, which is leading to an increased demand for multiexperience development solutions that can help improve customer engagement and satisfaction levels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multiexperience Development Solutions Market Research Report
By Type
Platforms, Services
By Application
Small & Mid-size Enterprises (SMEs), Large Enterprises
By Companies
Appian, GeneXus, IBM, Mendix, Microsoft Corporation, Oracle, Outsystems, Pegasystems, Progress Software Corporation, Salesforce, SAP SE, ServiceNow
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
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Multiexperience Development Solutions Market Report Segments:
The global Multiexperience Development Solutions market is segmented on the basis of:
Types
Platforms, Services
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
Small & Mid-size Enterprises (SMEs), Large Enterprises
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:
- Appian
- GeneXus
- IBM
- Mendix
- Microsoft Corporation
- Oracle
- Outsystems
- Pegasystems
- Progress Software Corporation
- Salesforce
- SAP SE
- ServiceNow
Highlights of The Multiexperience Development Solutions 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:
- Platforms
- Services
- By Application:
- Small & Mid-size Enterprises (SMEs)
- Large Enterprises
- 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 Multiexperience Development Solutions 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.
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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
Frequently Asked Questions?
Multiexperience Development Solutions (MDS) is a global software company that helps organizations create and deliver customer experiences that are personalized, engaging, and valuable. MDSu2019s products include the Multiexperience Platform (MP), which enables organizations to design, build, deploy, manage, and optimize customer experiences across channels; the Multichannel Experience Optimization Suite (MEOS), which provides automated capabilities for optimizing customer experience across multiple channels; and the Multichannel Customer Engagement Platform (MCEP), which provides analytics to help identify opportunities for improvement in customer engagement.
Some of the major players in the multiexperience development solutions market are Appian, GeneXus, IBM, Mendix, Microsoft Corporation, Oracle, Outsystems, Pegasystems, Progress Software Corporation, Salesforce, SAP SE, ServiceNow.
The multiexperience development solutions market is expected to grow at a compound annual growth rate of 13.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multiexperience Development Solutions Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Multiexperience Development Solutions Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multiexperience Development Solutions Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Multiexperience Development Solutions Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Multiexperience Development Solutions Market Size & Forecast, 2018-2028
4.5.1 Multiexperience Development Solutions Market Size and Y-o-Y Growth
4.5.2 Multiexperience Development Solutions Market Absolute $ Opportunity
Chapter 5 Global Multiexperience Development Solutions Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Multiexperience Development Solutions Market Size Forecast by Type
5.2.1 Platforms
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multiexperience Development Solutions Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Multiexperience Development Solutions Market Size Forecast by Applications
6.2.1 Small & Mid-size Enterprises (SMEs)
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multiexperience Development Solutions Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Multiexperience Development Solutions Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Multiexperience Development Solutions Analysis and Forecast
9.1 Introduction
9.2 North America Multiexperience Development Solutions Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Multiexperience Development Solutions Market Size Forecast by Type
9.6.1 Platforms
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Multiexperience Development Solutions Market Size Forecast by Applications
9.10.1 Small & Mid-size Enterprises (SMEs)
9.10.2 Large Enterprises
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Multiexperience Development Solutions Analysis and Forecast
10.1 Introduction
10.2 Europe Multiexperience Development Solutions Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Multiexperience Development Solutions Market Size Forecast by Type
10.6.1 Platforms
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Multiexperience Development Solutions Market Size Forecast by Applications
10.10.1 Small & Mid-size Enterprises (SMEs)
10.10.2 Large Enterprises
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Multiexperience Development Solutions Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multiexperience Development Solutions Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Multiexperience Development Solutions Market Size Forecast by Type
11.6.1 Platforms
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Multiexperience Development Solutions Market Size Forecast by Applications
11.10.1 Small & Mid-size Enterprises (SMEs)
11.10.2 Large Enterprises
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Multiexperience Development Solutions Analysis and Forecast
12.1 Introduction
12.2 Latin America Multiexperience Development Solutions Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Multiexperience Development Solutions Market Size Forecast by Type
12.6.1 Platforms
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Multiexperience Development Solutions Market Size Forecast by Applications
12.10.1 Small & Mid-size Enterprises (SMEs)
12.10.2 Large Enterprises
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Multiexperience Development Solutions Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multiexperience Development Solutions Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Multiexperience Development Solutions Market Size Forecast by Type
13.6.1 Platforms
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Multiexperience Development Solutions Market Size Forecast by Applications
13.10.1 Small & Mid-size Enterprises (SMEs)
13.10.2 Large Enterprises
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Multiexperience Development Solutions Market: Competitive Dashboard
14.2 Global Multiexperience Development Solutions Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Appian
14.3.2 GeneXus
14.3.3 IBM
14.3.4 Mendix
14.3.5 Microsoft Corporation
14.3.6 Oracle
14.3.7 Outsystems
14.3.8 Pegasystems
14.3.9 Progress Software Corporation
14.3.10 Salesforce
14.3.11 SAP SE
14.3.12 ServiceNow
