Significant Growth Foreseen by Consent Management Market During 2018-2028

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Consent Management Market to Partake Significant
Development During 2018-2028

• March 2020

Report Id REP-GB-2182 Published On
March-2019 Category Electronics,
Semiconductors, and ICT
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Research Methodology (1/2)

• Systematic Research Approach

In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc.
FMI formulates a detailed discussion guide to conduct expert and industry interviews
FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts
FMI conducts interviews with industry experts, industry players, distributors and retailers
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• Developments
• Market dynamics
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SOLUTION

• Market participants
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Primary Research
Secondary Research
Paid Publications

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• Company websites
• Company annual reports
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includes sources of databases
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Consent Management Market Analysis

• Consent Management Market to Partake Significant
  Development During 2018-2028
• According to a recent study of Future Market
  Insights (FMI), the consent management market is
  expected to witness a promising growth in the
  near future, influenced in part by the upward
  trend of plain text presentation. Recommendations
  by the Personal Information Management Services
  (PIMS) for the consent management on the basis of
  six plain language categories that minimize
  confusion, have further been complementing the
  popularity of the trend, thereby impacting growth
  of the consent management market.
• The introduction of new regulations, such as the
  GDPR, along with the rising consumer concerns
  regarding data privacy, is forcing organizations
  to invest in more formal internal structures for
  the purpose of effective consent management.
  There has been a significant growth in the
  requirement for efficient book keeping and
  personal digital data storage equipment among
  organizations, in a bid to enhance their consent
  management offerings.
• The data privacy regulations in the consent
  management market have led organizations to
  appoint dedicated personal data privacy officers,
  consent management processes, and records. With
  efficient data storage equipment and consent
  management platforms in place, an organization
  gains the abilities to demonstrate a simplified
  complaint approach to consent management
  regulators, revoke or transfer data record upon
  request, and answer consumer requests for
  information.

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Consent Management Market Analysis

• Consent Management Demand Rises among Website
  Developers to Meet Data Management Requirements
• The global consent management market is likely to
  witness a total incremental opportunity of over
  US 1,000 Mn between the period 2018 and 2028.
  Consent management platforms enable websites to
  meet various data management requirements, which
  include those recommended by the EU and other
  regulatory bodies for consent collection.
• Website developers are constantly taking efforts
  to integrate consent management platform, to
  realize the technical ability to update visitors
  about the nature of personal data required, and
  ask for their consent regarding each
  data-processing purpose. Cloud solutions and
  service providers continue to playing a vital
  role in the evolving technological developments,
  as more and more enterprises adopt cloud services
  with continuous upgrades in the cloud-based data
  storage solutions, or software-as-a-service
  (SaaS).
• The consent management market is expected to
  witness potential growth opportunities as cloud
  service providers continue to offer
  cost-effective solutions to expand their customer
  base. Cloud solutions and service providers are
  also estimated to assist consent management
  platform vendors to expand their businesses
  across regional markets, thereby eliminating the
  requirement of modifying the physical product
  distribution channel.
• Advancements in enterprise management systems
  have revolutionized several industry verticals in
  various developed as well as developing regions.
  To keep up with the growing demand for efficient
  enterprise management systems in South Asia, East
  Asia, and MEA regions, several consent management
  platform providers have started investing heavily
  in these latent growth potential markets.

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Consent Management Market Analysis

• Dearth of Skilled Healthcare Professionals May
  Continue to Restrict High-potential Sales
  Opportunities
• The established as well as growing consent
  management platform providers are shifting their
  focus toward expanding their consent management
  businesses and increase their share in the global
  consent management market. The study states that
  Asia-Pacific continues to hold lucrative
  opportunities for leading as well as the emerging
  players in the consent management market, in line
  with the increasing technological vigour of
  developing economies in the region.
• Varying strict data privacy regulations across
  regions have influenced the dynamics of the
  consent management market. In line with the
  continuous updates made in the data privacy
  regulatory standards, consent management
  providers are required to comply with the data
  governance policies and other standards. This has
  further helped the consent management market
  players to ensure the customer data sharing
  consent, regional data storage, and other
  consumer data privacy mandates.
• Key players operating in the consent management
  market, as profiled in the study, include CYBOT,
  Rakuten Marketing, PactSafe, Silktide, Trunomi,
  Quantcast, HIPAAT, CIVIC, ConsentEye, and
  OneTrust.
• Sourcehttps//www.prnewswire.com/news-releases/co
  nsent-management-market-is-expected-to-grow-at-a-c
  agr-of-over-9-0-through-2028--future-market-insigh
  ts-300822588.html

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Consent Management Market Analysis

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  packaged solution, which combines current market
  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

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Consent Management Market Analysis

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