0
2021
Consent Management Market

Consent Management Market

by Component (Software and Services), Application Type (Mobile App and Web App), and Deployment Mode (On-premise and Cloud): Global Opportunity Analysis and Industry Forecast, 2020-2030
Update Available On-Demand

Report Code: A13703
Pages: 250
Sep 2021 | 2325 Views
Author(s) : Abhijith N , Vineet K
Tables: 186
Charts: 54
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Consent Management Market

Request Now !

Consent Management Market Statistics: 2030

The global consent management market size was valued at $318.3 million in 2020, and is projected to reach $2,271.1 million by 2030, registering a CAGR of 21.9% from 2021 to 2030. Consent management platform (CMP) is an Application Type that helps user collect and handle personal information in a GDPR compliant way. It helps gain insight into the personal data lifecycle from the moment of opt-in to the data removal, enabling to track, monitor, and respond to the data subject’s request and consent preferences.

Growing concern of data privacy globally has resulted in the adoption of strict initiatives and regulations that provide more focus on data storage and protection within local country servers. Similar to the European Union’s General Data Protection Regulation (GDPR), major countries within Asia are also adopting similar rules, thereby putting privacy as the top priority.

In 2020, the global consent management market share was dominated by the software segment, and is expected to maintain its dominance in the coming years. Digital disruption is predicted to contribute to the significant growth of the consent management market. Digital disruption is perfect choice for several small businesses as it helps them reach new customers, reduce costs of selling, and is increasingly related to proven ROI. This is often expected to extend interactions of companies with consumers and secure a multi-channel experience for little and enormous businesses.

Consent-Management-Market--2021-2030

Within the consent management market analysis, the services segment is estimated to emerge as the fastest growing segment. Several vendors within the consent management market offer professional services and supply consulting supported client-specific requirements. They provide educational support, such as training and classroom lectures (online and offline), to assist clients understand their software and related processes. They also assess the risks related to any project and help deploy far better consent management software or replace the prevailing one

Segment review

The global consent management industry is segmented on the basis of component, application type, and deployment mode. Based on component, the market is bifurcated into software and services. Based on application type, the market is divided into mobile type and web type. By deployment mode, it is classified into on-premise and cloud. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Consent Management Market
By Component

Your browser does not support the canvas element.

Service segment is projected as one of the most lucrative segments.

Get more information on this report : Request Sample Pages

COVID-19 Impact Analysis

The COVID-19 pandemic had an overall positive impact on the consent management platform market, owing to a significant shift toward increased internet activity following the implementation of social distancing norms and work-from-home policies. This helped in boosting the number of investments in the market for consent management platforms by many organizations. Furthermore, increasing number of cyber-attacks during the pandemic prompted policymakers and government agencies to enforce data privacy regulations and policies more strictly, thereby driving the growth of the consent management platform market even further during the pandemic.

Consent Management Market
By Region

2030
Europe 
North America
Asia-pacific
Lamea

APAC is projected as one of the most significant region.

Get more information on this report : Request Sample Pages

Top impacting factors   

Factors, such as growing significance of building trust among users and ease of compliance policy, propel the consent management market growth. However, rapid increase within the user bounce rate and lack of proper guidance for consent management platform are primarily restraining the market. Moreover, growing awareness about privacy among users and increasing online platforms and digital advertising trends are primarily creating a lucrative opportunity for the consent management market growth.

Eases policy compliance

With consent management platforms, enterprises can easily adhere to General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) policy guidelines.

Organizational policy compliance is essential as it not only prevents data breaches or be imposed with heavy dues to non-compliance but also because customers have a strong inclination toward organizations that strictly follow compliance policies. According to a survey done by privacy compliance technology company TrustArc, more than 57% of customers prefer brands with GDPR compliance policy badges (or a seal) over brands that do not. This ease in policy compliance motivates many organizations to invest in consent management platforms.

Growing awareness about data privacy among users

Data privacy has become a major concern for individuals of the digital era. Personal information protection has been recognized as a fundamental right in several nations. Moreover, many countries and their governments have been enforcing policies that can help ensure their citizen’s personal data is being handled properly. Policies, such as the European Union’s (EU) General Data Protection Regulation (GDPR), United States’ California Consumer Privacy Act (CCPA), and India’ Personal Data Protection Bill (PDP), with a keen focus on the protection of personal user data are being enforced globally. This trend is expected to make the global digital advertising market more transparent and help the market to expand in the consent management market forecast period.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the consent management industry along with current trends and future estimations to elucidate imminent investment pockets.
  • Information about key drivers, restraints, and opportunities and their impact analysis on the consent management market size is provided in the report.
  • Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the consent management market platform.
  • The quantitative analysis of consent management market for the period 2020-2030 is provided to determine the consent management market trends.

Key Market Segments

By Component

  • Software
  • Service

By Deployment Mode

  • On-premise
  • Cloud

By Application Type

  • Mobile App
  • Web App

BY REGION

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japans
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Market Players

  • ONETRUST
  • QUANTCAST
  • PIWIK PRO
  • TRUSTARC
  • COOKIEBOT
  • IUBENDA
  • TRUNOMI
  • CROWNPEAK
  • BIGID
  • CIVIC
 

Loading Table Of Content...


 
 

The consent management market is experiencing rapid growth, owing to growing awareness about data privacy amongst users. Data privacy has become a major concern for individuals of the digital era. Personal information protection has been recognized as a fundamental right in several nations. Moreover, many countries and their governments have been enforcing policies that can help ensure their citizen’s personal data is being handled properly. Policies, such as the European Union’s (EU) General Data Protection Regulation (GDPR), United States’ California Consumer Privacy Act (CCPA), and India’ Personal Data Protection Bill (PDP), with a keen focus on the protection of personal user data are being enforced globally. This trend is expected to make the global digital advertising market more transparent and help the consent management market to expand in the coming years.

Major factors expected to drive the growth of the consent management market are growing awareness of data compliance regulations, rising cyberattacks, data breaches, need for data security, increased demand for customers to control their consent and preferences, and implementation of Privacy by Design (PbD) to enhance data privacy.

The consent management market is competitive and comprises a number of regional and global vendors competing based on factors such as cost of solutions & services, reliability, efficiency of products, and support services. The market is concentrated with major players consuming 40-45% of the share. In February 2020, Quantcast and Kochava partnered to deliver combined web and mobile app solution for CCPA. The objective of the partnership is to allow brands and publishers to empower consumers to make privacy decisions whether they engage with them via web or via mobile apps. Quantcast has added CCPA support to its Quantcast Choice platform for the web.

 

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
RELATED TAGS

Purchase Full Report of
Consent Management Market

Start reading instantly.
This Report and over 19,311+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,713
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Data Pack
  • $4,126
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Single User
  • $5,770
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Five Users
  • $6,930
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Enterprise
    License/PDF

  • $10,665
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Sep 2022 - Sep 2023)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers