{"id":455509,"date":"2021-03-11T05:33:28","date_gmt":"2021-03-11T10:33:28","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=455509"},"modified":"2021-03-11T05:33:28","modified_gmt":"2021-03-11T10:33:28","slug":"3-57-billion-growth-in-global-recommendation-engine-market-2020-2024-key-vendor-insights-and-product-offerings-technavio","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/3-57-billion-growth-in-global-recommendation-engine-market-2020-2024-key-vendor-insights-and-product-offerings-technavio\/","title":{"rendered":"$ 3.57 Billion Growth in Global Recommendation Engine Market 2020-2024 | Key Vendor Insights and Product Offerings | Technavio"},"content":{"rendered":"<div class=\"xn-newslines\">\n<h2 class=\"xn-hedline\">Shape strategic responses through the phases of industry recovery<\/h2>\n<h2 class=\"xn-hedline\">Adobe Inc., Amazon Web Services Inc., and Dynamic Yield Inc. will emerge as major recommendation engine market participants during 2020-2024<\/h2>\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">March 11, 2021<\/span> \/PRNewswire\/ &#8212;\u00a0The recommendation engine market is expected to grow by <span class=\"xn-money\">USD 3.57 billion<\/span> during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the recommendation engine market in optimistic, probable, and pessimistic forecast scenarios. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1452748\/IRTNTR40770.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1452748\/IRTNTR40770.jpg\" title=\"Recommendation Engine Market by End-user and Geography - Forecast and Analysis 2020-2024\" alt=\"Recommendation Engine Market by End-user and Geography - Forecast and Analysis 2020-2024\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>The recommendation engine market will witness a <b>positive <\/b>impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio&#8217;s pandemic-focused market research, market growth <b>increased <\/b>in 2020\u00a0as compared to 2019.<b>\u00a0Enterprises will go through the Response, Recovery, and Renew phases. <\/b><i><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091218-1&amp;h=3073017840&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR40770%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3DVendor-V2_wk11_rfs_004%26utm_content%3DIRTNTR40770&amp;a=Download+Free+Sample+Report\" rel=\"nofollow noopener noreferrer\">Download Free Sample Report<\/a><\/i><\/p>\n<p>\n        <b>With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.<\/b>\n      <\/p>\n<p>\n        <b>This post-pandemic business planning research will aid clients to:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>\n          <b>Adjust their strategic planning<\/b>\u00a0to move ahead once business stability kicks in. <\/li>\n<li>\n          <b>Build Resilience by\u00a0<\/b>making effective resource and investment choices<b>\u00a0<\/b>for individual business units, products, and service lines. <\/li>\n<li>\n          <b>Conceptualize scenario-based planning\u00a0<\/b>to mitigate future crisis situations.<\/li>\n<\/ul>\n<p class=\"prntac\">\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091218-1&amp;h=2795566262&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR40770%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3DVendor-V2_wk11_rfs_004%26utm_content%3DIRTNTR40770&amp;a=Download+the+Post-Pandemic+Business+Planning+Structure\" rel=\"nofollow noopener noreferrer\">Download the Post-Pandemic Business Planning Structure<\/a>\n      <\/p>\n<p>\n        <b>Key Considerations for Market Forecast:<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior <\/li>\n<li>Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds <\/li>\n<li>Pre- as well as post-COVID-19 market estimates <\/li>\n<li>Quarterly impact analysis and updates on market estimates<\/li>\n<\/ul>\n<p>\n        <b>Related Report on Information Technology Include:<\/b>\n      <\/p>\n<p>\n        <b>Global\u00a0Incident Response System Market<\/b>\u00a0&#8211; Global incident response system market is segmented by\u00a0type (surveillance systems, backup and disaster recovery solutions, geospatial technologies, and threat management systems) and geography (<span class=\"xn-location\">North America<\/span>, <span class=\"xn-location\">Europe<\/span>, APAC, <span class=\"xn-location\">South America<\/span>, and MEA).<i><b>\u00a0<br \/><\/b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091218-1&amp;h=1977397383&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR70071%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3DVendor-V2_wk11_rfs_rr_004%26utm_content%3DIRTNTR40770&amp;a=Get+an+Exclusive+Free+Sample+Report\" rel=\"nofollow noopener noreferrer\">Get an Exclusive Free Sample Report<\/a><\/i><\/p>\n<p>\n        <b>Global\u00a0Virtual Events Market<\/b>\u00a0&#8211; Global virtual events market is segmented by\u00a0application (UC&amp;C and video conferencing and web conferencing), end-user (virtual events for educational institutions, virtual events for trade shows, and virtual events for enterprises), and geography (APAC, <span class=\"xn-location\">Europe<\/span>, MEA, <span class=\"xn-location\">North America<\/span>, and <span class=\"xn-location\">South America<\/span>).<i><b>\u00a0<br \/><\/b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091218-1&amp;h=7006540&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR46707%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3DVendor-V2_wk11_rfs_rr_004%26utm_content%3DIRTNTR40770&amp;a=Get+an+Exclusive+Free+Sample+Report\" rel=\"nofollow noopener noreferrer\">Get an Exclusive Free Sample Report<\/a><\/i><\/p>\n<p>\n        <b>Major Recommendation Engine Market Participants:<\/b>\n      <\/p>\n<p>The market is fragmented and the degree of fragmentation is expected to remain the same over the forecast period. The report identifies\u00a0Adobe Inc., Amazon Web Services Inc., Dynamic Yield Inc., Evergage Inc., Google LLC, International Business Machines Corp., Kibo Software Inc., Qubit Digital Ltd., Salesforce.com Inc., and SAP SE. as the major participants in the market.\u00a0<\/p>\n<p>\n        <b>If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown:<\/b>\u00a0<a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091218-1&amp;h=374046534&amp;u=https%3A%2F%2Fwww.technavio.com%2Freport%2Frecommendation-engine-market-industry-analysis%26utm_source%3Dprnewswire%26utm_medium%3Dpressrelease%26utm_campaign%3DVendor-V2_wk11_rfs_004%26utm_content%3DIRTNTR40770&amp;a=https%3A%2F%2Fwww.technavio.com%2Freport%2Frecommendation-engine-market-industry-analysis\" rel=\"nofollow noopener noreferrer\">https:\/\/www.technavio.com\/report\/recommendation-engine-market-industry-analysis<\/a><\/p>\n<p>\n        <b>Recommendation Engine Market 2020-2024: Segmentation<\/b>\n      <\/p>\n<p>Recommendation engine market is segmented as below:<\/p>\n<ul type=\"disc\">\n<li>End-user <\/li>\n<ul type=\"circle\">\n<li>Media And Entertainment <\/li>\n<li>Retail <\/li>\n<li>Travel And Tourism <\/li>\n<li>Others<\/li>\n<\/ul>\n<li>Geographic Landscape <\/li>\n<ul type=\"circle\">\n<li>APAC <\/li>\n<li>\n            <span class=\"xn-location\">Europe<\/span>\n          <\/li>\n<li>MEA <\/li>\n<li>\n            <span class=\"xn-location\">North America<\/span>\n          <\/li>\n<li>\n            <span class=\"xn-location\">South America<\/span>\n          <\/li>\n<\/ul>\n<\/ul>\n<p>The recommendation engine market is driven by growing demand for personalized recommendations. In addition, other factors such as implementation of AI in recommendation engines are expected to trigger the recommendation engine market toward witnessing a CAGR of almost 30% during the forecast period.<\/p>\n<p>\n        <b>Get more insights about the global trends impacting the future of recommendation engine market, Request Free Sample @\u00a0<\/b><br \/>\n        <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091218-1&amp;h=910814879&amp;u=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR40770%26type%3Dsample%26src%3Dreport%26utm_source%3Dprnewswire%26utm_medium%3Dcision%26utm_campaign%3Draghavendra_Vendor-V2_wk5_rfs%26utm_content%3DIRTNTR40770&amp;a=https%3A%2F%2Fwww.technavio.com%2Ftalk-to-us%3Freport%3DIRTNTR40770\" rel=\"nofollow noopener noreferrer\">https:\/\/www.technavio.com\/talk-to-us?report=IRTNTR40770<\/a>\n      <\/p>\n<p>\n        <b>Market Drivers<\/b>\n      <\/p>\n<p>\n        <b>Market Challenges<\/b>\n      <\/p>\n<p>\n        <b>Market Trends<\/b>\n      <\/p>\n<p>\n        <b>Vendor Landscape<\/b>\n      <\/p>\n<ul type=\"disc\">\n<li>Vendors covered <\/li>\n<li>Vendor classification <\/li>\n<li>Market positioning of vendors <\/li>\n<li>Competitive scenario<\/li>\n<\/ul>\n<p>\n        <b>About Us<\/b><br \/>\n        <br \/>Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio&#8217;s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio&#8217;s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.<\/p>\n<p>\n        <b>Contact<\/b><br \/>\n        <br \/>Technavio Research<br \/><span class=\"xn-person\">Jesse Maida<\/span><br \/>Media &amp; Marketing Executive<br \/>US: +1 844 364 1100<br \/>UK: +44 203 893 3200<br \/>Email: <a target=\"_blank\" href=\"mailto:media@technavio.com\" rel=\"nofollow noopener noreferrer\">media@technavio.com<br \/><\/a>Website: <a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3091218-1&amp;h=984579323&amp;u=http%3A%2F%2Fwww.technavio.com%2F&amp;a=www.technavio.com%2F\" rel=\"nofollow noopener noreferrer\">www.technavio.com\/<\/a><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/1441766\/Technavio_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/1441766\/Technavio_Logo.jpg\" title=\"Technavio (PRNewsfoto\/Technavio)\" alt=\"Technavio (PRNewsfoto\/Technavio)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=CG03698&amp;sd=2021-03-11\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/-3-57-billion-growth-in-global-recommendation-engine-market-2020-2024--key-vendor-insights-and-product-offerings--technavio-301244718.html\">http:\/\/www.prnewswire.com\/news-releases\/-3-57-billion-growth-in-global-recommendation-engine-market-2020-2024&#8211;key-vendor-insights-and-product-offerings&#8211;technavio-301244718.html<\/a><\/p>\n<p>SOURCE  Technavio<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=CG03698&amp;Transmission_Id=202103110530PR_NEWS_USPR_____CG03698&amp;DateId=20210311\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shape strategic responses through the phases of industry recovery Adobe Inc., Amazon Web Services Inc., and Dynamic Yield Inc. will emerge as major recommendation engine market participants during 2020-2024 PR Newswire NEW YORK, March 11, 2021 \/PRNewswire\/ &#8212;\u00a0The recommendation engine market is expected to grow by USD 3.57 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the recommendation engine market in optimistic, probable, and pessimistic forecast scenarios. The recommendation engine market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio&#8217;s pandemic-focused market research, market growth increased in 2020\u00a0as compared to 2019.\u00a0Enterprises will go through the Response, Recovery, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/3-57-billion-growth-in-global-recommendation-engine-market-2020-2024-key-vendor-insights-and-product-offerings-technavio\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;$ 3.57 Billion Growth in Global Recommendation Engine Market 2020-2024 | Key Vendor Insights and Product Offerings | Technavio&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-455509","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>$ 3.57 Billion Growth in Global Recommendation Engine Market 2020-2024 | Key Vendor Insights and Product Offerings | Technavio - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/3-57-billion-growth-in-global-recommendation-engine-market-2020-2024-key-vendor-insights-and-product-offerings-technavio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$ 3.57 Billion Growth in Global Recommendation Engine Market 2020-2024 | Key Vendor Insights and Product Offerings | Technavio - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Shape strategic responses through the phases of industry recovery Adobe Inc., Amazon Web Services Inc., and Dynamic Yield Inc. will emerge as major recommendation engine market participants during 2020-2024 PR Newswire NEW YORK, March 11, 2021 \/PRNewswire\/ &#8212;\u00a0The recommendation engine market is expected to grow by USD 3.57 billion during 2020-2024, according to Technavio. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/3-57-billion-growth-in-global-recommendation-engine-market-2020-2024-key-vendor-insights-and-product-offerings-technavio\/","og_locale":"en_US","og_type":"article","og_title":"$ 3.57 Billion Growth in Global Recommendation Engine Market 2020-2024 | Key Vendor Insights and Product Offerings | Technavio - Market Newsdesk","og_description":"Shape strategic responses through the phases of industry recovery Adobe Inc., Amazon Web Services Inc., and Dynamic Yield Inc. will emerge as major recommendation engine market participants during 2020-2024 PR Newswire NEW YORK, March 11, 2021 \/PRNewswire\/ &#8212;\u00a0The recommendation engine market is expected to grow by USD 3.57 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the recommendation engine market in optimistic, probable, and pessimistic forecast scenarios. The recommendation engine market will witness a positive impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. 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