Market Research Future (MRFR), in its recently published research report, asserts that the global content recommendation engine market 2022 is expected to grow exponentially over the review period, recording a substantial market valuation of USD 6 billion and a healthy 30% CAGR in the forecast period. The market research report provides important market credentials such as history, content recommendation engine market size, share various extensions and trends, trade overview, regional markets, trade and market competitors.

Content Recommendation Engine Market Drivers

• The rise in digitisation has increased the use of online shopping. With the rise in digitalization, there has been an increase in online shopping in the Asia-Pacific region through various e-commerce platforms, which has encouraged websites to use the content recommendation engines to provide enhanced user experience and expand their client base. 
• Increasing focus on improving customer experience is a key factor expected to drive the demand for engine content recommendation 
• Mobile phone ownership is rapidly leading to e-commerce growth and driving e-commerce websites implementing recommendation engines.

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Content Recommendation Engine Market Segment

Based on the component:

• Solution

Based on organization size:

• Small & medium enterprises
• large enterprises

Based on filtering approach:

• Content-based filtering
• Collaborative filtering
• Hybrid filtering

Based on vertical:

• Media entertainment & gaming
• IT & telecommunication
• Retailer and consumer goods
• Education & training
• BFSI
• Healthcare & pharmaceuticals

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Content Recommendation Engine Market Regional Analysis

The geographical overview of the global market has been analyzed in four major regions, including the Asia Pacific, North America, Europe, and the rest of the world.

Because of the involvement of major players and technical advancements North America is expected to dominate the content recommendation engine market. The key factor driving this region’s content recommendation engine market is the focus of the major players on improving the user experience on a website. The European market is being fueled by growing demand for processing a vast volume of user data. Throughout the forecast era, Asia-Pacific is expected to be the fastest growing region on the content recommendation market, as rapid digitalization occurs in the region. In the same way, shopping in the area has increased across e-commerce platforms, that is contributing to the market growth.

Content Recommendation Engine Market Key Players

• Amazon Web Services (US)
• Boomtrain (US)
• Certona (US)
• Curata (US)
• Cxense (Norway)
• Dynamic Yield (US)
• IBM (US)
• Kibo Commerce (US)
• Outbrain (US)
• Revcontent (US)
• Taboola (US)
• ThinkAnalytics (UK)

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The Importance of Report

• To provide a thorough examination of the market structure, as well as predictions for the major segments and sub-segments of the global Content Recommendation Engine market during the forecast period.
• To provide information on the factors that influence market growth.
• To conduct an initial analysis of the global Content Recommendation Engine market utilizing various techniques, including Supplier Evaluation and Porter’s Five Forces Analysis.
• Provide historically and projected revenue for market segments and sub-segments based on regions and key countries.
• To provide country-specific market analysis in terms of current market size and prospects.

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