Data Management Platform Market - Forecast(2024 - 2030)

Report Code: ITR 0115 Report Format: PDF + Excel

Data Management Platform Market Overview

Data Management Platform Market size is forecast to reach $2.9 billion by 2026, estimated to grow at a CAGR of 12.2% during 2021-2026. The growing need to collect data from the sources such as CRM data, POS data, Mobile web & Apps, social network, web analytics tools and others are driving the Data Management Platform Market. The usage of DMP for the advertisers to target customers and match the needs of the customers across devices are significantly boosting the Data Management Platform Market size during the forecast period 2021-2026. Data management deals with the information sources related to product, location, supplier, customer, and asset drive a business. The increasing usage of DMP eliminates redundancy and costly inefficiencies by unreadable stored data. Additionally, it satisfies the need for businesses to increase the consistency and quality of their key data assets which include product data, customer data, location data, and asset data. Thus, the DMP platform plays a vital role in supporting an enterprise data strategy, as it provides accurate and timely information along with up to date data definitions. For this, today’s global enterprises and organizations are turning to MDM to experience improved decision making which solve numerous data challenges, thereby contributing to the expansion of the cloud-based software market size

Report Coverage

The report: “Data Management Platform Market Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Data Management Platform Market.

By Platform Type: Open Data Management Platforms and Private Data Management Platforms
By Data Source: Web Analytics Tool, Mobile Web, Mobile Apps, CRM data, POS data, Social Network and others
By Deployment Type: Cloud-based and On-premises
By End-user: Advertisers, Publishers (Import Data, Match customer IDs, Collect new data, Help define group, Provide access to data vendors, Estimate price and reach, Suggest new groups of people to target, Use above information to buy advertising and Generate Reports), Media agency and Brand/Retailer
By Geography: North America (U.S, Canada, Mexico), South America(Brazil, Argentina, Ecuador, Peru, Colombia, Costa Rica and others), Europe(Germany, UK, France, Italy, Spain, Russia, Netherlands, Denmark and Others), APAC (China, Japan India, South Korea, Australia, Taiwan, Malaysia and Others), and RoW (Middle east and Africa)

Key Takeaways

  • In 2019, the Data Management Platform Market was dominated by North American region owing to the growing adoption of TV advertisers in the US and adoption of DMP by enterprises or data security and collection.
  • The increasing development in the advertising industry is promoting the usage of TV data management platform for collecting data and understanding the targeted audience.
  • With the deployment of augmented analytics the data collection processes has become more efficient which is highly being adopted by various organizations fueling the DMP market.
  • Lack of competence and skilled workforce results in critical issues for the deployment of data management platform and further leads to high cost of hiring for the companies.  

    Data Management Platform Market, By Region, 2020 (%)

    Data Management Platform Market
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Data Management Platform Market Segment Analysis- By End-user

Advertisers segment held the largest market share in the Data Management Platform Market in 2020 at 19.5% share. The television advertisements are widely using robust medium for the endorsement of the products and services of certain brands and enterprises.  This is leading to the requirement of efficient data collection methodology for the local broadcasters to target customers which is further fueling the demand for data management platform. The deployment of TV DMP offers information regarding the target audiences and further accelerates the Data Management Platform Market.

Data Management Platform Market Segment Analysis- By Deployment

The on-premises deployment segment occupied the major share in the Data Management Platform Market as of 2020 at 68.2% share. The deployment of MDM software in an on-premise data center is preferred by the enterprises, as it offers total control on the security of enterprise sensitive data, such as product data, enterprise asset details, customer details, and supplier data. This data exists on dedicated servers which has no connection with other business data of the enterprise, thus data is secured. The growing adoption of on-premises deployment mode is evident as it allows enterprises to install highly secured, customized, and complex master data management solutions, which matches the requirements of enterprises. Therefore, all these factors together driving the growth of the on-premises deployment segment in the global MDM market.  

Data Management Platform Market Segment Analysis- By Geography

In 2020, North America dominated the Data Management Platform Market with a share of more than 38.9%, followed by Europe and APAC. The rising penetration of internet technology such as software, hardware and transmission protocols and so on  in enterprises are leading towards the growth of Data Management Platform Market in this region. In addition, enterprises are widely opting to data management platform for managing and enabling new technologies. Furthermore, the need for efficient platform for measuring the performance using TV identity is leading to the deployment of No. 1 TV streaming platform in the US which is enhancing the DMP market in this region. 

Data Management Platform Market Drivers

Data Protection with Artificial Intelligence

The increasing use of technology in the businesses are leading to the requirement of efficient data protection which has led to the increasing need for artificial intelligence technology. The AI-infused tools accelerate the business process thereby offering enhanced the data protection and collection, and further enhancing data security. In addition, most of the organizations collects data from number of various touch-points such as websites, mobile devices and even devices powered by the Internet of Things (IoT). These collection of data from various touch-points leads to the demand for efficient data protection which leads to the integration of AI.  With the rising use of artificial intelligence, the organizations IT team protect data and ensure security. 

The rise of Augmented Analytics

Most of the businesses owners are spending time and money on data collection and management which is leading to the technology advances. This advancement is leading to the introduction of augmented analytics for analyzing data efficiently. The deployment of augmented analytics provides several advantages including the allowance of real-time information from the data collected. This is also offering enhanced customer engagement in order to make important decisions for the efficient business process. The augmented analytics also promotes business intelligence and data sharing further propelling Data Management Platform Market. 

Data Management Platform Market Challenges

Lack of Competence

The data management platform requires right people to run the operation, but the lack of skilled workforce majorly leads to critical issues for its growth. The implementation of data platform management requires the developer to have knowledge of JavaScript, HTML and CSS. Thus, the lack of these basic knowledge hampers the hiring of the right expertise, thereby affecting the organizations productivity. These critical issues further hinder the growth of implementation of data platform management market.

Data Management Platform Industry Outlook

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Data Platform Management market. In 2020, the market of Data Platform Management has been consolidated by the major players – Oracle Corporation, Adobe Systems Inc, Kbm Group Llc, Rocketfuel, SAP SE, SAS Institute, Lotame Solutions Inc., InterSystems Corporation, Compuware Corporation, BMC Software, Inc. and among others.

Acquisitions/Technology Launches

  • In October 2019, Aapi Inc. announced the release of world’s first intelligent digital mesh platform that provides organizations the ability to create an integration fabric for the entire ecosystem including apps, data, people, and logic. The IDM platform integrates and automates everything which drives the Data Management Platform Market.
  • In January, 2019, Pimcore closed the 1st round funding and the investment was led by German Auctus Capital Partners AG. This investment supports the Austrian tech startup’s product development efforts, U.S go-to-market strategies and India expansion plans. This has also led to the expansion of open-source data management platform for Indian IT service firms which has further expanded the market in India

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1. Data Management Platform Market - Overview
    1.1. Definitions and Scope
2. Data Management Platform Market - Executive summary
    2.1. Market Revenue, Market Size and Key Trends by Company
    2.2. Key Trends by type of Application
    2.3. Key Trends segmented by Geography
3. Data Management Platform Market 
    3.1. Comparative analysis
        3.1.1. Product Benchmarking - Top 10 companies
        3.1.2. Top 5 Financials Analysis
        3.1.3. Market Value split by Top 10 companies
        3.1.4. Patent Analysis - Top 10 companies
        3.1.5. Pricing Analysis 
4. Data Management Platform Market – Startup companies Scenario Premium Premium
    4.1. Top 10 startup company Analysis by
        4.1.1. Investment
        4.1.2. Revenue
        4.1.3. Market Shares
        4.1.4. Market Size and Application Analysis
        4.1.5. Venture Capital and Funding Scenario
5. Data Management Platform Market – Industry Market Entry Scenario Premium Premium
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing business index
    5.3. Case studies of successful ventures
    5.4. Customer Analysis – Top 10 companies
6. Data Management Platform Market Forces
    6.1. Drivers
    6.2. Constraints
    6.3. Challenges
    6.4. Porters five force model
        6.4.1. Bargaining power of suppliers
        6.4.2. Bargaining powers of customers
        6.4.3. Threat of new entrants
        6.4.4. Rivalry among existing players
        6.4.5. Threat of substitutes 
7. Data Management Platform Market -Strategic analysis
    7.1. Value chain analysis
    7.2. Opportunities analysis
    7.3. Product life cycle
    7.4. Suppliers and distributors Market Share
8. Data Management Platform Market – By Data/Platform Type (Market Size -$Million / $Billion)
    8.1. Market Size and Market Share Analysis 
    8.2. Application Revenue and Trend Research
    8.3. Product Segment Analysis
        8.3.1. Open Data Management Platforms
        8.3.2. Private Data Management Platforms
9. Data Management Platform Market – By Data Source (Market Size -$Million / $Billion)
    9.1. Introduction
    9.2. Web Analytics Tools
    9.3. Mobile Web
    9.4. Mobile Apps
    9.5. CRM Data
    9.6. POS Data
    9.7. Social Network
    9.8. Others
10. Data Management Platform Market – By Development Type (Market Size -$Million / $Billion)
    10.1. Introduction
        10.1.1. Basis point share (BPS) Analysis
        10.1.2. Y-o-Y growth comparison
    10.2. Market forecast
        10.2.1. Cloud based
        10.2.2. On premises
11. Data Management Platform – By End Use Industry(Market Size -$Million / $Billion)
    11.1. Segment type Size and Market Share Analysis 
    11.2. Application Revenue and Trends by type of Application
    11.3. Application Segment Analysis by Type
        11.3.1. Advertisers
        11.3.2. Publishers
        11.3.3. Publishers
   Import data
   Match customer IDs
   Collect new data
   Help define groups
   Provide access to data vendors
   Estimate price and reach
   Suggest new groups of people to target
   Use above information to buy advertising
   Generate reports
        11.3.4. Media agency
        11.3.5. Brand/Retailer
12. Data Management Platform - By Geography (Market Size -$Million / $Billion)
    12.1. Data Management Platform Market - North America Segment Research
    12.2. North America Market Research (Million / $Billion)
        12.2.1. Segment type Size and Market Size Analysis 
        12.2.2. Revenue and Trends
        12.2.3. Application Revenue and Trends by type of Application
        12.2.4. Company Revenue and Product Analysis
        12.2.5. North America Product type and Application Market Size
   Rest of North America
    12.3. Data Management Platform - South America Segment Research
    12.4. South America Market Research (Market Size -$Million / $Billion)
        12.4.1. Segment type Size and Market Size Analysis 
        12.4.2. Revenue and Trends
        12.4.3. Application Revenue and Trends by type of Application
        12.4.4. Company Revenue and Product Analysis
        12.4.5. South America Product type and Application Market Size
   Costa Rica
   Rest of South America
    12.5. Data Management Platform - Europe Segment Research
    12.6. Europe Market Research (Market Size -$Million / $Billion)
        12.6.1. Segment type Size and Market Size Analysis 
        12.6.2. Revenue and Trends
        12.6.3. Application Revenue and Trends by type of Application
        12.6.4. Company Revenue and Product Analysis
        12.6.5. Europe Segment Product type and Application Market Size
   Rest of Europe
    12.7. Data Management Platform – APAC Segment Research
    12.8. APAC Market Research (Market Size -$Million / $Billion)
        12.8.1. Segment type Size and Market Size Analysis 
        12.8.2. Revenue and Trends
        12.8.3. Application Revenue and Trends by type of Application
        12.8.4. Company Revenue and Product Analysis
        12.8.5. APAC Segment – Product type and Application Market Size
   South Korea
13. Data Management Platform Market - Entropy
    13.1. New product launches
    13.2. M&A's, collaborations, JVs and partnerships
14. Data Management Platform Market – Industry / Segment Competition landscape Premium Premium
    14.1. Market Share Analysis
        14.1.1. Market Share by Country- Top companies
        14.1.2. Market Share by Region- Top 10 companies
        14.1.3. Market Share by type of Application – Top 10 companies
        14.1.4. Market Share by type of Product / Product category- Top 10 companies
        14.1.5. Market Share at global level- Top 10 companies
        14.1.6. Best Practises for companies
15. Data Management Platform Market – Key Company List by Country Premium Premium
16. Data Management Platform Market Company Analysis
    16.1. Market Share, Company Revenue, Products, M&A, Developments
    16.2. Oracle Corporation (U.S.)
    16.3. Adobe Systems Inc (U.S.)
    16.4. Kbm Group Llc (U.S.)
    16.5. Rocketfuel (U.S.)
    16.6. Krux Digital Llc (U.S.)
    16.7. Lotame Solutions Inc (U.S.)
    16.8. Turn Inc (U.S.)
    16.9. Neustar (U.S.)
    16.10. Sas Institute (U.S.)
    16.11. Sap Se (Germany)
"*Financials for private companies would be provided on a best-efforts basis”.