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CUSTOMER JOURNEY ANALYTICS MARKET companies

Customer Journey Analytics Market, By Data Source (Web, Social Media, Mobile, and Email), By Application (Customer Experience Management, Customer Segmentation and Targeting, Brand Management, and Others), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Market Concentration and Competitive Landscape

Customer Journey Analytics Market Concentration By Players

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Key Developments:

  • In March 2024, Accenture, a global professional services company, acquired GemSeek, a customer experience analytics provider engaged in AI-powered predictive models
  • In September 2022, Optimizely, a provider of digital experience platform software as a service, partnered with FullContact, a provider of cloud-based software products, to help improve marketing effectiveness

Top Strategies Followed by Global Customer Journey Analytics Market Players

  • Established Players: Leading companies in the global customer journey analytics market heavily invest in research and development to deliver cutting-edge solutions. For example, Adobe and Microsoft devote over 15% of their annual revenue to R&D, with the goal of providing innovative products powered by machine learning and artificial intelligence. This focus on continuous innovation allows them to maintain an edge over competitors.
  • Mid-Level Players: Companies of medium size strategize to offer competitive pricing without compromising on quality. For instance, Kitewheel and Pointillist capitalize on niche analytics capabilities and cloud-based delivery models to provide affordable solutions for mid-market clients. Their customized pricing helps expand market share among budget-constrained small and medium enterprises.
  • Small-Scale Players: New entrants often find success by targeting specific industry verticals or specialized use cases. Anthropic, for one, caters exclusively to customer experience optimization in the education sector through natural language processing. Such focused offerings let startups carve valuable niches and partnerships, even with limited resources.

Emerging Startups – Customer Journey Analytics Industry Ecosystem

  • Innovative Technologies: Celect leverages machine vision to automate on-site data collection, offering cost savings to retailers. Such advanced technologies could disrupt traditional customer analytics and open new revenue streams.
  • Sustainable Solutions: Kludge Industries develops open-source tools for analyzing user-generated carbon footprints. The insights help individuals reduce their environmental impact while giving businesses actionable strategies for 'greener' products and processes. Startups in this space play a role in driving sustainability in the industry.
  • Market Contribution: Vlocity partners with tech giants and telecom carriers to enhance the customer experience within specific vertical markets. These collaborations accelerate innovation and the adoption of modern analytics approaches.
Key Players Insights
  • Adobe Inc.
  • com, Inc.
  • IBM Corporation
  • SAP SE
  • Microsoft Corporation
  • Oracle Corporation
  • NICE Ltd.
  • Verint Systems Inc.
  • Pointillist
  • ClickFox
  • Kitewheel
  • Quadient
  • Thunderhead
  • Genesys
  • Servion Global Solutions

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