The consent management market in Europe was valued at US$ 121.0 million in 2019 and is projected to reach US$ 455.84Mn by 2027; it is expected to grow at a CAGR of 18.5% from 2020 to 2027.
Effective from 25thMay, the EU GDPR regulation was introduced to improve the protection of European data rights and also standardize the process of safeguarding these rights. However, GDPR is not the sole consent management regulation creating an obligatory environment for all multinational organizations. There are various data privacy regulations, such as the California Consumer Privacy Act (CCPA) of September 2018, was emerged because of GDPR. Although the changes are anticipated to take place before its enactment in the year 2020, the organizations are avidly looking for tools and solutions that would enable them to assess their readiness for the upcoming norms and regulations. The vendors catering to the needs of businesses across the globe are focusing upon developing the tools that would allow the companies to assess their compliance. Therefore, stringent regulations regarding user data privacy are expected to drive the growth of the consent management market.
Based on the deployment, the consent management market is segmented into on-premise and cloud. The company hosts the entire process and management of software within the enterprise in an on-premise environment; whereas, in the cloud, a third-party provider arranges and manages entire activities for the enterprise. The benefit of third party providers permits the companies to pay on the basis of requirement and effectively scale up or down subject to the requirement of the user, overall usage, and growth of the company. Therefore, it is largely adopted by small and medium enterprises. Deployment of cloud eliminates capital-related overheads, the feature of data back up on a regular basis is available, and also the companies using cloud based solutions are entitled to pay only for the resources they utilize.
In Europe, UK, Spain, and Italy are worst-hit countries by the coronavirus outbreak. As UK, Spain, Italy, and Germany recorded the highest number of confirmed coronavirus cases and the number of deaths on a daily basis are growing at an alarming rate. The entire region has reported 2 434 184 positive cases and 188 779 deaths as per the report released by WHO of 16June, 2020. The region is suffering tremendous economic loss due to a limited revenue generation from various industries and supply chain disruptions.
Overall size of the Europe consent management market has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the consent management market. The process also serves the purpose of obtaining an overview and forecast for the Europe consent management market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Europe consent management market are Consentmanager.net, Crownpeak Technology, Inc., IBM Corporation, Trustarc Inc., Onetrust, LLC, Piwik PRO, Rakuten Advertising, and Cybot are among a few players operating in the Europe consent management market.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Consent Management Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Consent Management -Market Dynamics
5.1 Market Drivers
5.1.1 Growing Privacy Concerns and Increasing Number of Cybersecurity Breaches
5.1.2 Growth in the Technology Market
5.2 Market Restraints
5.2.1 Preference of Privacy Tools over Consent Management Solutions
5.3 Market Opportunities
5.3.1 Changing Regulations and Norms in Favour of Market Growth
5.4 Market Trends
5.4.1 Advent of Blockchain Technology
5.5 Impact Analysis of Drivers and Restraints
6. Consent Management Market - Europe Analysis
6.1 Consent Management Market - Revenue and Forecast to 2027 (US$ Million)
7. Europe Consent Management Market Analysis- By Component
7.1 Overview
7.2 Europe Consent Management Market Breakdown, By Component, 2019 & 2027
7.3 Solution
7.3.1 Overview
7.3.2 Solution Market Forecast and Analysis
7.3.2.1 Cookie management Overview
7.3.2.2 Cookie management Market Forecast and Analysis
7.3.2.3 Preference Management Overview
7.3.2.4 Preference Management Market Forecast and Analysis
7.4 Services
7.4.1 Overview
7.4.2 Services Market Forecast and Analysis
8. Europe Consent Management Market Analysis- By Deployment
8.1 Overview
8.2 Europe Consent Management Market Breakdown, By Deployment, 2019 & 2027
8.3 On-Premise
8.3.1 Overview
8.3.2 On-Premise Market Forecast and Analysis
8.4 Cloud
8.4.1 Overview
8.4.2 Cloud Market Forecast and Analysis
9. Europe Consent Management Market Analysis- By Industry
9.1 Overview
9.2 Europe Consent Management Market Breakdown, By Industry, 2019 & 2027
9.3 Retail
9.3.1 Overview
9.3.2 Retail Market Forecast and Analysis
9.4 Government
9.4.1 Overview
9.4.2 Government Market Forecast and Analysis
9.5 IT & Telecom
9.5.1 Overview
9.5.2 IT & Telecom Market Forecast and Analysis
9.6 BFSI
9.6.1 Overview
9.6.2 BFSI Market Forecast and Analysis
9.7 Healthcare
9.7.1 Overview
9.7.2 Healthcare Market Forecast and Analysis
9.8 Education
9.8.1 Overview
9.8.2 Education Market Forecast and Analysis
9.9 Media & Entertainment
9.9.1 Overview
9.9.2 Media & Entertainment Market Forecast and Analysis
9.10 Others
9.10.1 Overview
9.10.2 Others Market Forecast and Analysis
10. Europe Consent Management Market - Country Analysis
10.1 Europe: Consent Management Market, By Country
10.1.1.1 Germany: Consent Management Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Germany: Consent Management Market, By Component
10.1.1.1.1.1 Germany: Management Market, By Solution Type
10.1.1.1.2 Germany: Consent Management Market, By Deployment
10.1.1.1.3 Germany: Consent Management Market, By Industry
10.1.1.2 France: Consent Management Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 France: Consent Management Market, By Component
10.1.1.2.1.1 France: Management Market, By Solution Type
10.1.1.2.2 France: Consent Management Market, By Deployment
10.1.1.2.3 France: Consent Management Market, By Industry
10.1.1.3 Italy: Consent Management Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 Italy: Consent Management Market, By Component
10.1.1.3.1.1 Italy: Management Market, By Solution Type
10.1.1.3.2 Italy: Consent Management Market, By Deployment
10.1.1.3.3 Italy: Consent Management Market, By Industry
10.1.1.4 UK: Consent Management Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 UK: Consent Management Market, By Component
10.1.1.4.1.1 UK Management Market, By Solution Type
10.1.1.4.2 UK: Consent Management Market, By Deployment
10.1.1.4.3 UK: Consent Management Market, By Industry
10.1.1.5 Russia: Consent Management Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.5.1 Russia: Consent Management Market, By Component
10.1.1.5.1.1 Russia Management Market, By Solution Type
10.1.1.5.2 Russia: Consent Management Market, By Deployment
10.1.1.5.3 Russia: Consent Management Market, By Industry
10.1.1.6 Rest of Europe: Consent Management Market - Revenue and Forecast to 2027 (US$ Million)
10.1.1.6.1 Rest of Europe: Consent Management Market, By Component
10.1.1.6.1.1 Rest of Europe Management Market, By Solution Type
10.1.1.6.2 Rest of Europe: Consent Management Market, By Deployment
10.1.1.6.3 Rest of Europe: Consent Management Market, By Industry
11. Consent Management Market- COVID-19 Impact Analysis
11.1 Europe
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
12.3 Merger and Acquisition
13. Company Profiles
13.1 Consentmanager.net
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Crownpeak Technology, Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 IBM Corporation
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Trustarc Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 ONETRUST, LLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 PIWIK PRO
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 RAKUTEN ADVERTISING
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Financial Overview
13.7.4 SWOT Analysis
13.7.5 Key Developments
13.8 CYBOT
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About
14.2 Word Index
LIST OF TABLES
Table 1. Europe Consent Management Market - Revenue and Forecast to 2027 (US$ Million)
Table 2. Germany Consent Management Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 3. Germany Consent Management Market, By Services - Revenue and Forecast to 2027 (US$ Million)
Table 4. Germany Consent Management Market, By Deployment - Revenue and Forecast to 2027 (US$ Million)
Table 5. Germany Consent Management Market, By Industry- Revenue and Forecast to 2027 (US$ Million)
Table 6. France Consent Management Market, By Components - Revenue and Forecast to 2027 (US$ Million)
Table 7. France Consent Management Market, By Services - Revenue and Forecast to 2027 (US$ Million)
Table 8. France Consent Management Market, By Deployment - Revenue and Forecast to 2027 (US$ Million)
Table 9. France Consent Management Market, By Industry - Revenue and Forecast to 2027 (US$ Million)
Table 10. Italy Consent Management Market, By Components - Revenue and Forecast to 2027 (US$ Million)
Table 11. Italy Consent Management Market, By Services - Revenue and Forecast to 2027 (US$ Million)
Table 12. Italy Consent Management Market, By Deployment - Revenue and Forecast to 2027 (US$ Million)
Table 13. Italy Consent Management Market, By Industry - Revenue and Forecast to 2027 (US$ Million)
Table 14. UK Consent Management Market, By Components - Revenue and Forecast to 2027 (US$ Million)
Table 15. UK Consent Management Market, By Services - Revenue and Forecast to 2027 (US$ Million)
Table 16. UK Consent Management Market, By Deployment - Revenue and Forecast to 2027 (US$ Million)
Table 17. UK Consent Management Market, By Industry - Revenue and Forecast to 2027 (US$ Million)
Table 18. Russia Consent Management Market, By Components - Revenue and Forecast to 2027 (US$ Million)
Table 19. Russia Consent Management Market, By Services - Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia Consent Management Market, By Deployment - Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia Consent Management Market, By Industry - Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe Consent Management Market, By Component - Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe Consent Management Market, By Services - Revenue and Forecast to 2027 (US$ Million)
Table 24. Rest of Europe Market, By Deployment - Revenue and Forecast to 2027 (US$ Million)
Table 25. Rest of Europe Market, By Application - Revenue and Forecast to 2027 (US$ Million)
Table 26. List of Abbreviation
The List of Companies - Europe Consent Management Market
1. Consentmanager.net
2. Crownpeak Technology, Inc.
3. IBM Corporation
4. Trustarc Inc.
5. ONETRUST, LLC
6. PIWIK PRO
7. RAKUTEN ADVERTISING
8. CYBOT