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 greatest advantages of DXPs is their ability to centralize all digital touchpoints, including websites, mobile apps, social media, and email marketing campaigns. This unified approach enables businesses to deliver consistent messaging and branding across all platforms, leading to a more cohesive customer experience.
Additionally, DXPs provide organizations with powerful tools for personalization and data analytics. By leveraging customer data and behavior insights, businesses can tailor content and offers to meet individual needs and preferences. This level of customization not only enhances customer satisfaction but also drives conversion and retention rates.
Furthermore, DXPs enable businesses to automate and streamline various digital processes, reducing manual intervention and improving operational efficiency. From content creation and distribution to campaign management and performance tracking, these platforms offer a wide range of capabilities that help businesses optimize their digital strategies.
Another key benefit of DXPs is their scalability and flexibility. As businesses grow and evolve, DXPs can easily adapt to changing needs and requirements, enabling organizations to stay ahead of the curve in today’s fast-paced digital landscape. Moreover, most DXPs are cloud-based, allowing for easy integration with other third-party software and tools.
While the benefits of DXPs are undeniable, it is essential for businesses to approach their implementation with careful planning and strategy. Despite their robust features and capabilities, DXPs are not one-size-fits-all solutions. Organizations must assess their specific needs and objectives to ensure they select the right platform that aligns with their goals and objectives.
Moreover, businesses should invest in adequate training and resources to maximize the potential of their DXPs. Training employees on the platform’s functionalities and best practices is critical to harness its full capabilities and drive significant ROI. Additionally, businesses must prioritize ongoing monitoring and optimization to keep pace with evolving customer expectations and industry trends.
In conclusion, Digital Experience Platforms have revolutionized the way businesses engage with their customers in the digital age. Their comprehensive suite of capabilities, including centralized management, personalization, automation, and scalability, has made them indispensable tools for organizations looking to enhance their digital presence and drive growth. However, to truly harness the power of DXPs, businesses must approach their implementation with a strategic mindset and a commitment to ongoing training and optimization. By leveraging the full potential of DXPs, organizations can deliver exceptional digital experiences that not only meet but exceed customer expectations.
In Conclusion
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