Tag Management Software Market Information by Solution (Data Quality, Data Governance, Customer Analytics, Web Analytics, Artificial Intelligence, Others), by Application (Campaign Management, User Experience Management, Content Management, Risk and Compliance Management, Others), by Deployment (Cloud, On-premise), by Organization (SMEs, Large Enterprises) by Vertical (BFSI, IT & Telecommunication Retail, Healthcare, Manufacturing, Media & Entertainment, Others), and Region - Forecast till 2027
ID: MRFR/ICT/5226-HCR | February 2021 | Region: Global | 100 pages
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Tag Management Software Market Overview
With growing digitization, data collection and subsequent analysis are fast becoming imperative. Tag management is a step forward towards integrating such a process to understand user behavior for a productive strategizing process. Keeping its benefits in hindsight, companies are now structuring their operational frame to reap out optimal benefits. This is spurring the growth of tag management software industry. The tag management software market is expected to rise with an extraordinary 12.9% CAGR during the forecast period (2018-2023) and escalate to a valuation of USD 1,279.4 million by 2023, asserts Market Research Future (MRFR) in a detailed study. The tag is often called pixel which a basically a JavaScript code that companies need to assimilate in their sites to support advertising, product recommendations, and live chat. But what it does most importantly is collect unique customer-related information. Tag management has evolved as a perfect tool to back digital marketing by coming up with solutions to counter the challenges posed by the web platform. Furthermore, it gives a solid foundation to any organization and assist in streamlining deployments. With companies ready to take their digital marketing system to the next level, the demand for data governance policies is witnessing constant rise. This can solidify the growth of tag management software market. Its proliferation into other segments such as Internet of Things (IoT) and connected devices can ensure better prospect in coming years. At the same time, customers are asking for personalized tags which is creating more scope for expansion and tag management software market can surely benefit from this. Despite its prolific use in digital media marketing system, the tag management software market can slacken a bit if the market gets stirred enough by other digital and web-based marketing technologies. Lack of ownership of tags can also pose a problem and technical hands to efficiently tackle the operational hustles can dampen the tag management software market growth in the coming years.
Segmentation:
Global Tag Management Software Segmentation by Solution
• Data Quality
• Data Governance
• Customer Analytics
• Web Analytics
• Artificial Intelligence
• Others
Global Tag Management Software Market by Application
• Campaign Management
• User Experience Management
• Content Management
• Risk & Compliance Management
• Others
Global Tag Management Software Market by Deployment
• Cloud
• On-premise
Global Tag Management Software Market by Organization Size
• SMEs
• Large Enterprises
Global Tag Management Software Market by Vertical
• BFSI
• IT & Telecommunication
• Retail
• Healthcare
• Manufacturing
• Media & Entertainment
• Others
Regional Analysis:
North America is leading the pack from the front with the maximum share of the total tag management software market revenue. Infrastructural superiority and tendency to adapt to the latest market models to stay ahead of the rest has given the regional market an advantage. Furthermore, major companies are mostly from North America which gives it an edge over the rest. Europe is the fastest growing region. The regional market shares the same features like that of North America which is giving the market sufficient boost and opportunity to explore new regions. In addition, countries from Western Europe are creating enough opportunities for the tag management software market to expand.
Key Competitors:
Leading companies in the tag management software market are Google LLC (U.S.), IBM Corporation (U.S.), Adobe Systems Inc. (U.S.), Tealium (U.S.), Ensighten (U.S.), Oracle Corporation (U.S.), Adform (Denmark), AT Internet (France), Commanders Act (France), Datalicious (Australia), Matomo (U.S.), Mezzobit (U.S.), Qubit (U.K.), Relay 42 (Netherlands), Segment (U.S.), Signal (U.S.), Sizmek (U.S.), Piwik Pro (U.S.), Innocraft (New Zealand), Yottaa (U.S.), Datalicious Pty Ltd (Australia), Hub’Scan (U.S.), and Rakuten Inc. (Japan).
Research Methodology:
By employing meticulous strategies, competent data analysts of Market Research Future collect information and study them extensively before predicting the future market size with a detailed listing of the relevant market segments. Interviews with prime decision makers of various trendsetting companies of the apposite market give the primary research much prominence. The secondary method includes a minute analysis of the present and the past trends to have a better grasp of the upcoming market scenario. To increase the precision of the obtained data, top-down & bottom-up approaches have been integrated into the system which gives a walk-through of the demand and supply equation. Furthermore, by adhering to credible resources such as annual reports, SEC filings, and white papers, our data analysts empower themselves with subtle comprehension of the germane product before proceeding to discuss market factors. The intent is to provide a holistic view of the sector by judging it against irreproachable parameters and enriching it with significant inputs.
Frequently Asked Questions (FAQ) :
Solution, application, deployment, organization size, and vertical are the segments included in the study of the market.
North America and Europe are the regions mentioned in the study of the market.
The market will be escalating to a valuation of USD 1,279.4 million by 2023.
Google LLC (U.S.), IBM Corporation (U.S.), Adobe Systems Inc. (U.S.), Tealium (U.S.) are the top 3 key players of the market.
The benefits in hindsight, many companies are now structuring their operational frame to reap out optimal benefits that are spurring the tag management software market growth.
