According to a new report published by Allied Market Research, titled,” Recommendation Engine Market by Type (Collaborative Filtering, Content-based Filtering and Hybrid Recommendation), Deployment Model (On-Premises and Cloud), Enterprise Size (Large Enterprises and Small & Medium Enterprises), Application (Product Planning, Strategy & Operations Planning, Proactive Asset Management and Others) and Industry Vertical (BFSI, Media & Entertainment, Transportation, Healthcare, Retail and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030″.
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Recommendation engines are being used various sectors, including e-commerce, social media, and content-based websites. Content recommendation engine is an analytical tool to generate significant suggestions to certain users about products or items they may be interested in. Content recommendation engine makes the use of keywords searched by the user in assisting the products the user is looking for. The recommendation engine makes the use of search history of the users. Based upon recent searches, the recommendation engine shows up the relevant content accordingly, making it easier for the customers to view content of their choice, and thus enhance the customer experience.
The market is evaluated based on its regional penetration, explaining the performance of the market in each regional market covering provinces such as North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Colombia), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
Key Market Players:
- International Business Machines Corporation
- SAP SE
- Salesforce.com Inc.
- HP Inc
- Oracle Corporation
- Alphabet Inc
- Microsoft Corporation
- Intel Corporation
- Amazon Web Services Inc
- Sentient Technologies, LLC.
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