Press Release

Consent Management Market is expected to grow at a CAGR of 16.83% through 2029

Global Consent Management Market is expected to grow owing to Proliferation of Digital Touchpoints & Omnichannel Experiences, and Increasing Awareness

According to TechSci Research report, “Consent Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast 2029F”, the Global Consent Management Market is poised for significant growth in the coming years. A key driver of this expansion is the increasing focus on data privacy and security. As high-profile data breaches and privacy scandals continue to dominate headlines, businesses are becoming acutely aware of the necessity to protect user data and honor privacy preferences. This growing consumer awareness regarding digital rights has heightened the need for robust consent management solutions.

The proliferation of data protection regulations globally, such as GDPR, CCPA, and other similar frameworks, has further fueled the demand for compliance solutions. There is a substantial market opportunity for consent management platforms that offer comprehensive features ensuring compliance with these regulations. The key to capitalizing on this demand lies in delivering solutions that can adapt to evolving legal requirements and provide a unified approach to compliance across various jurisdictions.


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Based on end-user, the IT & Telecom segment dominated the market in 2023. The IT & Telecom sector is witnessing a rapid evolution in the complexity and diversity of digital services offered. From cloud computing and IoT (Internet of Things) to telecommunications and data analytics, businesses in this segment operate across a broad spectrum of digital activities. The challenge lies in managing user consent across these diverse services and ensuring compliance without compromising operational efficiency. Opportunities exist for consent management solutions that can seamlessly integrate with the varied digital services provided by IT and Telecom companies. Platforms that offer a centralized and unified approach to consent, covering the entire range of digital offerings, are in high demand. Businesses that address the complexity of digital services through comprehensive consent management solutions can streamline operations and enhance user satisfaction. Given the sensitive nature of data processed in the IT & Telecom sector, security and confidentiality are paramount concerns. Consent management is not only about obtaining permission for data processing but also ensuring that user data is handled securely. The challenge is to implement consent management solutions that prioritize data security and protect against unauthorized access or breaches. Opportunities lie in adopting advanced security measures within consent management platforms, such as encryption, secure storage, and authentication protocols. Businesses that prioritize the security and confidentiality of user data in their consent management practices can instill confidence among users and stakeholders. In conclusion, the IT & Telecom segment of the Global Consent Management Market faces challenges and opportunities related to regulatory compliance, customer trust, the complexity of digital services, and security concerns. Companies that strategically address these aspects through effective consent management are poised to navigate the evolving landscape of data privacy and digital services in the IT & Telecom sector.


Key market players in the Global Consent Management Market are:-

  • OneTrust, LLC
  • Quantcast Corporation
  • Usercentrics GmbH
  • Piwik PRO 
  • Rakuten Group, Inc.
  • TrustArc Inc.
  • Crownpeak Technology, Inc.
  • Iubenda s.r.l
  • BigID, Inc
  • HIPAAT International Inc.


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The Asia-Pacific region is set to lead the Global Consent Management Market. This region across various industries. With a rapidly growing population of tech-savvy users, the demand for online services, mobile applications, and e-commerce platforms is soaring. This digital boom underscores the need for robust consent management solutions, enabling organizations to comply with complex data protection regulations while providing personalized and secure digital experiences”, said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

Consent Management Market - Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Component (Software and Services), By Touch Point (Mobile App and Web App), By End-User (IT & Telecom, Government, Healthcare, Retail and E-commerce), By Region, and By Competition, 2019-2029F”, has evaluated the future growth potential of Global Consent Management Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Consent Management Market.


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