The Recommendation Engine Market size is expected to grow at an annual average of 38% during 2021-2027.As the amount of information over the Internet increases and the number of users increases significantly, it is essential for businesses to search, map, and present relevant information based on preferences and tastes. It is expected that the demand for the recommendation engine market will increase as the demand for customer retention by deploying AI-powered recommendation engines increases and the revenue and return on investment (RoI) increase.
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Company Profile
- IBM Corporation
- Google LLC (Alphabet Inc.)
- Amazon Web Services Inc.
- Microsoft Corporation
- Salesforce.com inc.
- Sentinent Technologies
.
Market Segmentation
The following segmentation are covered in this report:
By Type:
- Collaborative filtering
- Content-based filtering
- Hybrid recommendation
By Deployment Mode:
- Cloud
- On-premises
By Technology:
- Context aware
- Geospatial aware
By Application:
- Personalized campaigns and customer discovery
- Product planning
- Strategy and operations planning
- Proactive asset management
Scope of the Report
The research study analyzes the global Recommendation Engine industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Recommendation Engine Market Report
1. What was the Recommendation Engine Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Recommendation Engine Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Recommendation Engine Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Recommendation Engine market.
- The market share of the global Recommendation Engine market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Recommendation Engine market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Recommendation Engine market.
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(This release has been published on Global Market Post.
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