Recommendation Engine Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Recommendation Engine Market size is expected to grow at an annual average of 38% during 2022-2028.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.

Company Profile

• IBM Corporation
• Google LLC (Alphabet Inc.)
• Amazon Web Services Inc.
• Microsoft Corporation
• Salesforce.com inc.
• Sentinent Technologies

Market Segmentation

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

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 (2022-2028).

2. What will be the CAGR of Recommendation Engine Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
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.