Customer Journey Analytics Market size was valued at USD 17.35 billion in 2024 and is set to exceed USD 187.65 billion by 2037, expanding at over 20.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of customer journey analytics is evaluated at USD 20.14 billion.. One notable growth factor propelling the market forward is the growing attention to personalized customer experiences.
As consumers are becoming more selective and digitally empowered, businesses observed the crucial role of customizing interactions to individual preferences and requirements. Personalized customer experiences promote deeper engagement by addressing the particular preferences and behaviors of individual customers. Businesses that influence customer journey analytics gain valuable insights into customer touchpoints, making them create targeted and relevant interactions throughout the entire customer journey.
Understanding and forecasting customer needs through personalized experiences contribute to increased satisfaction levels. According to a recent study conducted by Accenture, around 91% of consumers are more likely to shop with brands that recognize and provide relevant offers and recommendations to their customers. This focuses on the importance of personalized interactions in constructing customer loyalty for a longer period.
Customer journey analytics involves tracking and analyzing the interactions and touchpoints that customers have with a business across several platforms and channels. This analysis helps businesses to understand and enhance the customer experience to satisfy the customer and improve overall business performance.
Author Credits: Abhishek Verma
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