Global Consent Management Market (Business Opportunities - Investment)

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Item ID 8667880 in Category: Business Opportunities - Investment

Global Consent Management Market

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Global consent management market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 19% during the forecast period.

Global Consent Management Market

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Market Definition

Consent management is a platform, tool, process, set of policies or a system which is used to take consent from consumers or users to process their personal data anytime and anywhere. It also allows users to store and modify settings and gives them an ability to change and opt-out particular settings.

Market Dynamics

An increasing concern regarding privacy of the consumers and rising adoption of most comprehensive laws and regulations concerning consumer privacy is a major driving factor behind the growth of the market. Rising understanding of data compliance regulations, surging demand of consumers to manage their preferences and consent, growing data breaches and cyber attacks, ongoing advancements in digital consent management platform, escalating adoption rate of consent management platform among publishers and increasing adoption of GDPR and CCPA data privacy policies by the various companies across the globe are expected to improve growth of the market during the forecast period. In addition, rising demand of consent management platform to perform activities such as processing of personal data, overseas transfer of data and automated decision making is ultimately propelling the growth of the market.

Target Nation: All Nations
Target City : All Cities
Last Update : 14 September 2020
Number of Views: 25
Item  Owner  : ashwini
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2020-11-27 (0.072 sec)