GITNUX MARKETDATA REPORT 2024

Digital Experience Platform Industry Statistics

The Digital Experience Platform industry is expected to grow at a CAGR of 10.9% from 2021 to 2026, driven by increasing demand for personalized customer experiences and the adoption of AI technologies.

With sources from: fortunebusinessinsights.com, researchandmarkets.com, 360researchreports.com, transparencymarketresearch.com and many more

Statistic 1

By 2026, the global Digital Experience Platform market will reach $15.7 billion.

Statistic 2

In 2020, the CAGR of the Digital Experience Platform market was 12%.

Statistic 3

North America had the highest adoption rate of DXPs in 2019.

Statistic 4

By 2026, it is predicted that cloud-based DXPs will dominate the global market.

Statistic 5

The retail sector is one of the largest users of DXPs, utilizing them to enhance the customer experience.

Statistic 6

In 2019, B2B companies accounted for over 60% of DXP revenue.

Statistic 7

IBM, Oracle, SAP and Salesforce account for nearly 25% of the DXP market.

Statistic 8

In 2019, over 40% of DXP spending was on integration services.

Statistic 9

DXPs that offer machine learning and artificial intelligence capabilities are projected to grow by 20% by 2022.

Statistic 10

In 2019, mobile DXPs saw a growth rate of over 40%.

Statistic 11

In 2020, Asia-Pacific is projected to outpace all other regions in terms of DXP adoption.

Statistic 12

In 2019, DXP solutions serving the financial services sector brought in revenues of around $1.2 billion.

Statistic 13

In 2020, the marketing application of DXPs accounted for over 30% of the revenue share.

Statistic 14

By 2027, the usage of DXPs to drive customer experience management is predicted to produce a CAGR of 18.3%.

Statistic 15

It is projected that by 2026, 80% of companies will choose to invest in DXPs that offer an integrated suite of technologies.

Statistic 16

In 2022, the media and entertainment industry is expected to adopt DXPs at a CAGR of 11.3%.

Statistic 17

By 2025, the compound annual growth rate of DXPs is forecasted to exceed 22.09%.

Statistic 18

The spend on DXPs by North American organizations is predicted to witness a growth rate of 14.8% from 2020 to 2026.

Statistic 19

By the end of 2022, the cloud deployment model for DXPs is forecasted to reach $3.9 billion.

Statistic 20

The content management functionality of DXPs is expected to grow at a rate of 13.6% from 2020 to 2027.

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In this post, we will explore an array of compelling statistics shaping the Digital Experience Platform (DXP) industry. From projected market values to sector-specific trends, these data points offer valuable insights into the evolving landscape of digital customer experiences.

Statistic 1

"By 2026, the global Digital Experience Platform market will reach $15.7 billion."

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Statistic 2

"In 2020, the CAGR of the Digital Experience Platform market was 12%."

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Statistic 3

"North America had the highest adoption rate of DXPs in 2019."

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Statistic 4

"By 2026, it is predicted that cloud-based DXPs will dominate the global market."

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Statistic 5

"The retail sector is one of the largest users of DXPs, utilizing them to enhance the customer experience."

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Statistic 6

"In 2019, B2B companies accounted for over 60% of DXP revenue."

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Statistic 7

"IBM, Oracle, SAP and Salesforce account for nearly 25% of the DXP market."

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Statistic 8

"In 2019, over 40% of DXP spending was on integration services."

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Statistic 9

"DXPs that offer machine learning and artificial intelligence capabilities are projected to grow by 20% by 2022."

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Statistic 10

"In 2019, mobile DXPs saw a growth rate of over 40%."

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Statistic 11

"In 2020, Asia-Pacific is projected to outpace all other regions in terms of DXP adoption."

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Statistic 12

"In 2019, DXP solutions serving the financial services sector brought in revenues of around $1.2 billion."

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Statistic 13

"In 2020, the marketing application of DXPs accounted for over 30% of the revenue share."

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Statistic 14

"By 2027, the usage of DXPs to drive customer experience management is predicted to produce a CAGR of 18.3%."

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Statistic 15

"It is projected that by 2026, 80% of companies will choose to invest in DXPs that offer an integrated suite of technologies."

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Statistic 16

"In 2022, the media and entertainment industry is expected to adopt DXPs at a CAGR of 11.3%."

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Statistic 17

"By 2025, the compound annual growth rate of DXPs is forecasted to exceed 22.09%."

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Statistic 18

"The spend on DXPs by North American organizations is predicted to witness a growth rate of 14.8% from 2020 to 2026."

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Statistic 19

"By the end of 2022, the cloud deployment model for DXPs is forecasted to reach $3.9 billion."

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Statistic 20

"The content management functionality of DXPs is expected to grow at a rate of 13.6% from 2020 to 2027."

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Interpretation

The global Digital Experience Platform market is experiencing significant growth, with predictions indicating a rise to $15.7 billion by 2026. Factors such as the increasing adoption of cloud-based DXPs, particularly in North America, and their utilization in sectors like retail and finance highlight the expanding role of DXPs in enhancing customer experiences. Key players like IBM, Oracle, SAP, and Salesforce dominate a considerable portion of the market, with a notable focus on integration services and advanced capabilities like machine learning and artificial intelligence. The future of DXPs looks promising, with projections pointing towards continued growth in various industries, particularly in Asia-Pacific and the media and entertainment sector, showcasing the growing importance of these platforms in driving enhanced customer experience management.

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