Global Customer Data Platform Size to Grow at a CAGR of 34.0% During the Forecast Period, 2020-2025 - ResearchAndMarkets.com
The Customer Data Platform (CDP) market size is projected to grow from USD 2.4 billion in 2020 to USD 10.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 34.0% during the forecast period.
- The Customer Data Platform (CDP) market size is projected to grow from USD 2.4 billion in 2020 to USD 10.3 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 34.0% during the forecast period.
- The major growth factors of the CDP include increasing spending on marketing and advertising activities by enterprises, changing landscape of customer intelligence, and proliferation of customer channels.
- The services segment is expected to grow at a rapid pace during the forecast period.
- Asia Pacific (APAC) is expected to grow at the highest CAGR during the forecast period.