Are you looking to add Digital Experience Platforms (DXP) to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Digital Experience Platforms (DXP) statistics of 2024.
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How much of an impact will Digital Experience Platforms (DXP) have on your day-to-day? or the day-to-day of your business? Should you invest in Digital Experience Platforms (DXP)? We will answer all your Digital Experience Platforms (DXP) related questions here.
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On this page, you’ll learn about the following:
Best Digital Experience Platforms (DXP) Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 29 Digital Experience Platforms (DXP) Statistics on this page 🙂Digital Experience Platforms (DXP) Market Statistics
- The global digital experience platform market was valued at USD 10.11 billion in 2021 and is expected to expand at a compound annual growth rate of 13.3% from 2024 to 2030. [0]
- Component Insights The platform segment accounted for a market share of over 65% in 2021. [0]
- The on premise segment accounted for a market share of over 50% and is expected to register considerable growth over the forecast period. [0]
- Application Insights The Businessto Consumer application segment captured the largest market share of over 60% in 2021 and is also expected to register the fastest CAGR of 14% during the forecast period. [0]
- Regional Insights North America dominated the market for digital experience platforms by accounting for over 35% revenue share in 2021. [0]
- The global digital experience platform market size was estimated at USD 10.11 billion in 2021 and is expected to reach USD 11.17 billion in 2024. [0]
- The global digital experience platform market is expected to witness a compound annual growth rate of 13.3% from 2024 to 2030 to reach USD 30.41 billion by 2030. [0]
- According to this study, over the next five years the Digital Experience Platform market will register a $$% CAGR in terms of revenue, the global market size will reach US$ $$ million by 2024, from US$ $$ million in 2019. [1]
- MarketsandMarkets expects the Digital Experience Platform market to grow from USD 7.9 billion in 2019 to USD 13.9 billion by 2024, at a Compound Annual Growth Rate of 12.0% during the forecast period. [2]
- The global digital experience platform market size to grow from USD 7.9 billion in 2019 to USD 13.9 billion by 2024, at a Compound Annual Growth Rate of 12.0% during the forecast period. [2]
- “Digital Experience Platform Market Growth, Trends, Forecasts ” The global digital experience platform market is anticipated to register a CAGR of 12.07% over the forecast period 2020 to 2025. [3]
Digital Experience Platforms (DXP) Software Statistics
- 35% of the participants ofthe Twilio surveysaid that the pandemic had become a boost to change outdated software. [4]
Digital Experience Platforms (DXP) Latest Statistics
- As early as 2016,McKinsey highlighted that, according to research, three fourths of customers “expect ‘now’ service within five minutes of making contact online.”. [5]
- In 2018, Salesforce research found that 76% of customers today expect companies to understand their needs and expectations. [5]
- Even in 2018,70% of organizations had a digital transformation strategy in place or were working on one. [5]
- The cloud segment is anticipated to expand with the fastest CAGR of 16% from 2024 to 2030. [0]
- North America held the largest share of 36.33% in 2021. [0]
- Xtevia report showcased that 47% consumers would abandon a brand that doesn’t provide relief and product suggestions and shop from some renowned organisation like Amazon instead. [6]
- Impact found that companies have been realising the importance of an expanded digital presence, with over 44% of the surveyed companies were presently working towards a digital first approach, while 34% had already undergone a transformation. [6]
- More than 95% of participants noted the speeding up of the digital transformation in their organization. [4]
- And almost 80% answered that its costs had grown because of COVID. [4]
- 38% of them want to update existing platforms. [4]
- According toComputer Economics, which ran a survey in May, 30% of companies expected a decrease of budgets for IT operations while only 13% predicted the opposite situation. [4]
- Thus, the majority of hackers (98%). [4]
- According to our developers’ opinions, we have compiled a list of TOP 5 unique features it provides Single control center. [4]
- Globally, e commerce sales in 2010 were $572 billion and grew to an estimated $3.46 trillion in 2019—that’s a 504% increase in the decade. [7]
- Our team of experts are offering free 100% personalized consulting services to help you take your DXP to the next level. [8]
- 80% of fortune 2000 companies rely on our research to identify new revenue sources. [2]
- When as much as 48% of consumers leave a company’s website because of a poorly curated experience, personalization is becoming a more essential differentiator. [9]
I know you want to use Digital Experience Platforms (DXP), thus we made this list of best Digital Experience Platforms (DXP). We also wrote about how to learn Digital Experience Platforms (DXP) and how to install Digital Experience Platforms (DXP). Recently we wrote how to uninstall Digital Experience Platforms (DXP) for newbie users. Don’t forgot to check latest Digital Experience Platforms (DXP)statistics of 2024.
Reference
- grandviewresearch – https://www.grandviewresearch.com/industry-analysis/digital-experience-platform-market.
- marketwatch – https://www.marketwatch.com/press-release/digital-experience-platform-dxp-market-2021-growth-statistics-revenue-estimates-industry-size-global-share-emerging-trends-top-leading-players-with-strategies-and-forecast-2030-2024-02-11.
- marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/digital-experience-platform-market-234793101.html.
- businesswire – https://www.businesswire.com/news/home/20200818005451/en/Digital-Experience-Platform-DXP-Industry-Report-2020-2025—ResearchAndMarkets.com.
- anyforsoft – https://anyforsoft.com/blog/what-digital-experience-platform-dxp/.
- sitecore – https://www.sitecore.com/knowledge-center/digital-marketing-resources/what-is-a-dxp.
- opensenselabs – https://opensenselabs.com/blog/articles/dxp-ultimate-guide.
- g2 – https://research.g2.com/insights/digital-experience-platforms-dxp-drives-digital-transformation.
- hcltechsw – https://www.hcltechsw.com/dx.
- cmscritic – https://www.cmscritic.com/key-takeaways-from-gartners-2021-magic-quadrant-for-digital-experience-platforms/.
How Useful is Digital Experience Platforms
One of the key benefits of DXPs is their ability to provide a seamless and consistent user experience across different touchpoints. With the rise of multiple devices and platforms, customers expect a level of personalization that can only be achieved through an integrated approach. DXPs help companies streamline their digital strategies by allowing them to create, manage, and deliver content that aligns with the preferences and behaviors of their target audience.
Moreover, DXPs enable companies to gather valuable data and insights on customer interactions, helping them optimize their marketing strategies and improve their overall customer experience. By tracking user behavior and engagement metrics, companies can make informed decisions on content creation and delivery, ultimately leading to higher engagement and conversion rates.
DXPs also offer advanced personalization capabilities through AI and machine learning technologies. By analyzing user data in real-time, companies can deliver highly targeted and relevant content to individual customers, increasing the likelihood of conversion and retention. This level of personalization not only enhances the customer experience but also helps companies establish stronger relationships with their audience.
Additionally, DXPs enable companies to create omnichannel experiences that seamlessly integrate their online and offline presence. By connecting all customer touchpoints, companies can provide a consistent and cohesive brand experience that fosters loyalty and trust. This unified approach allows companies to meet customer expectations and adapt to changing market trends effectively.
Despite these advantages, some critics argue that DXPs can be complex and expensive to implement, especially for small and medium-sized enterprises. Smaller companies may struggle with the technical expertise and resources needed to fully leverage the capabilities of a DXP, potentially limiting the return on investment.
Furthermore, some companies may find it challenging to integrate existing systems and technologies with a DXP, leading to compatibility issues and implementation delays. Without proper planning and execution, companies risk wasting time and resources on a platform that fails to deliver the expected results.
In conclusion, Digital Experience Platforms have the potential to revolutionize how companies engage with their customers and deliver personalized experiences across multiple touchpoints. While DXPs offer numerous benefits, companies must carefully evaluate their needs and resources before investing in a platform. By understanding the capabilities and limitations of DXPs, companies can harness the full potential of these platforms to enhance their digital strategies and drive business growth.
In Conclusion
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