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Consent Management Market Growing at a CAGR 19.3% | Key Player Trustarc, Cookiebot, Iubenda, Trunomi, Crownpeak

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Consent Management Market Growing at a CAGR 19.3% | Key Player Trustarc, Cookiebot, Iubenda, Trunomi, Crownpeak

March 26
23:20 2021
Consent Management Market Growing at a CAGR 19.3% | Key Player Trustarc, Cookiebot, Iubenda, Trunomi, Crownpeak

OneTrust (OneTrust, LLC.), Quantcast, Cookiebot (Cybot A/S), iubenda (iubenda s.r.l), Trunomi (Trunomi Ltd.), TrustArc (TrustArc Inc.), Crownpeak (Crownpeak Technology, Inc.), Piwik PRO (Piwik PRO Sp. z o.o.), BigID (BigID, Inc.), CIVIC, SAP SE (SAP), Sourcepoint, HIPAAT (HIPAAT International Inc.), Didomi (DIDOMI), Osano (Osano, Inc.), Otonomo
Consent Management Market by Component (Software and Services), Touchpoint (Mobile App and Web App), Deployment Type (Cloud and On-premises), Organization Size (SMEs and large enterprises), and Region – Global Forecast to 2025

MarketsandMarkets projects the Consent Management Market to grow from USD 317 million in 2020 to USD 765 million by 2025, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. Major factors that are expected to drive the growth of the market include growing awareness on data compliance regulations; rising cyberattacks, data breaches, and the need for data security; increasing demand for customers to control their consent and preferences; and implementation of Privacy by Design (PbD) to enhance data privacy.

Professional services segment to lead the market during the forecast period

Professional services are required during and after the implementation of the consent management software. These services include