According to market research study published by Gen Consulting Company, the global customer data platform market stood at around USD 1,887 million in 2022 and is projected to rise
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Request for updated version of the report at the same price
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A customer data platform (CDP) is technology that allows businesses to pull in customer data from any channel, system, or data stream to build a unified customer profile. These tools usually include a customer database and automation, as well as management resources for multichannel campaigns, real-time customer interactions, and connected data. A CDP combines all of that data in real time for companies, allowing them to offer hyper-personalized experiences for customers. According to market research study published by Gen Consulting Company, the global customer data platform market stood at around USD 1,887 million in 2022 and is projected to rise to a worth of USD 7,635 million by 2029 end, thereby garnering a CAGR of 22.1% during 2023-2029. CDPs are useful as a central database for user-level data. They tie together databases that traditionally don’t share data, like marketing platforms, service software, and ecommerce engines.CDPs are useful as a central database for user-level data. They tie together databases that traditionally don’t share data, like marketing platforms, service software, and ecommerce engines.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global customer data platform market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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