Market Share of Digital Experience Platform Industry
The digital experience platform market is semi-consolidated, with numerous players worldwide. The major players are Adobe Inc., Oracle Corporation, SAP SE, IBM Corporation, and PROGRESS SOFTWARE CORPORATION. The market poses low to moderate barriers to entry for new players, enabling several new entrants to gain traction.
• March 2024 - Databricks and Adobe unveiled a strategic partnership to empower their shared clients to maximize their data's potential, enabling more intelligent and scalable consumer interactions. Customers now have the capability to seamlessly integrate data between the Databricks Data Intelligence Platform and the Adobe Experience Platform, including its applications. Additionally, they can also import their own models from Databricks to Adobe.
• October 2023- Sitecore unveiled its latest offerings within its cloud-based digital experience platform. The two new solutions, XM Cloud Plus and Sitecore Accelerate aim to streamline and expedite brands' transition to the cloud. They make the journey to SaaS more accessible and empower businesses to harness robust enterprise solutions. These offerings, tailored by Sitecore, equip brands with the necessary tools and offer the requisite support, facilitating a seamless migration to Sitecore's cloud-based composable solutions.
Digital Experience Platform Market Leaders
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Adobe Inc.
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Oracle Corporation
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SAP SE
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IBM Corporation
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PROGRESS SOFTWARE CORPORATION
*Disclaimer: Major Players sorted in no particular order
