Segments - Digital Adoption Platform (DAP) Market by Deployment Mode (Cloud-based and On-premises), Organization Size (Small and Medium-sized Enterprises (SMEs) and Large Enterprises), End-User (IT and Telecommunication, BFSI, Healthcare, Retail, Others), and Regions (North America, Europe, Asia Pacific, LATAM and MEA) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
The global digital adoption platform (DAP) market size was valued at USD 1,078.6 Million in 2022 and is expected to reach USD 4,672.5 Million in 2031, expanding at a CAGR of 17.9% during the forecast period, 2023-2031. A Digital Adoption Platform (DAP) is a software solution that helps users navigate and adopt digital tools and applications effectively.
It provides interactive guidance, training, and support within the application interface to improve user onboarding and productivity. A digital adoption platform offers features such as in-app walkthroughs, tutorials, and tooltips that provide step-by-step instructions and contextual assistance.
It helps users understand and navigate complex software interfaces, discover features, and learn how to perform tasks efficiently. By tracking user interactions and providing analytics, digital adoption platforms enable organizations to assess user adoption, identify areas for improvement, and optimize digital experiences.
They streamline the onboarding process, reduce support needs, and enhance user self-sufficiency, ultimately driving higher user engagement and productivity. A digital adoption platform serves as a digital coach, guiding users through the adoption process and empowering them to make the most of digital tools and applications.
Rapid technological advancements are significantly impacting the global digital adoption platform market in various ways. Rapid advancements in technology, such as cloud computing, artificial intelligence, and automation, have a significant impact on the digital adoption platform market.
These advancements drive the development and capabilities of digital tools, making them more sophisticated and complex. As digital tools evolve, the demand for digital adoption platforms to assist with their adoption and usage also increases.
Economic growth and business investment can have a significant impact on the global digital adoption platform market. When economies are expanding, organizations are more likely to invest in digital transformation and adopt new technologies. As businesses invest in digital tools and applications, the need for digital adoption platforms to facilitate effective adoption and utilization increases.
Increasing Digital Transformation
Organizations across industries are undergoing digital transformation to enhance operational efficiency, improve customer experiences, and stay competitive. As businesses adopt a wide range of digital tools and applications, the need for efficient onboarding, training, and support becomes crucial.
Digital adoption platforms offer a solution by accelerating the digital adoption process, reducing learning curves, and maximizing the return on investment for digital tools.
Growing Complexity of Software Applications
Modern software applications are becoming more complex, with intricate workflows, numerous features, and constant updates. This complexity can overwhelm users and hinder their ability to fully utilize the software's capabilities.
Digital adoption platforms address this challenge by providing in-app guidance and interactive tutorials that simplify the learning process, making it easier for users to navigate and leverage the functionalities of complex applications.
Enhanced User Engagement and Productivity
Organizations recognize the importance of user engagement and productivity in achieving business goals. Digital adoption platforms play a vital role in improving user experiences by offering contextual, real-time assistance that boosts user confidence and reduces frustration.
By enabling users to quickly and effectively adopt digital tools, digital adoption platforms increase productivity, reduce errors, and enhance overall user satisfaction.
Integration with existing software applications can be complex, particularly in organizations with diverse and legacy systems. Ensuring seamless integration between the digital adoption platform and various applications requires careful planning, coordination, and potentially custom development work. The complexity of integration prolongs implementation timelines and increases costs.
The digital transformation continues to accelerate across industries, there is a growing demand for seamless digital experiences. Organizations are looking for solutions that can simplify the adoption and usage of digital tools, enhance user experiences, and drive productivity.
Digital adoption platforms offer an opportunity to meet this demand by providing interactive, in-app guidance and support, ensuring users can effectively navigate and leverage digital tools.
The report on the global Digital Adoption Platform (DAP) Market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes |
Details |
Report Title |
Digital Adoption Platform (DAP) Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast |
Base Year |
2022 |
Historic Data |
2016-2021 |
Forecast Period |
2023–2031 |
Segmentation |
Deployment Mode (Cloud-based and On-premises), Organization Size (Small and Medium-sized Enterprises (SMEs) and Large Enterprises), End-User (IT and Telecommunication, BFSI, Healthcare, Retail, Others) |
Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
Key Players Covered |
AppLearn, AppNavi, Foobar, Inc., OnScreen, Pendo.io, Inc., Product Fruits s.r.o., UserGuiding, Userlane, Userpilot, WalkMe Ltd., and Whatfix |
The global Digital Adoption Platform (DAP) Market is segmented on the basis of deployment mode, organization size, end-user, and regions.
In terms of deployment mode, the Digital Adoption Platform (DAP) Market is segmented as cloud-based and on-premises. The cloud-based segment held a considerable share of the market owing to its flexibility, scalability, and ease of implementation. Cloud deployment offers cost savings and allows organizations to access DAP tools from anywhere.
Based on organization size, the digital adoption platform (DAP) market can be fragmented into Small and Medium-sized Enterprises (SMEs) and Large Enterprises.
The small and medium-sized enterprises (SMEs) segment constituted a significant market share and is projected to expand at a rapid rate during the forecast period as increasingly adopt digital adoption platform solutions to streamline their digital transformation efforts and enhance employee productivity.
On the basis of end-users, the market can be segregated into IT and Telecommunication, BFSI, Healthcare, Retail, and Others. The BFSI segment is expected to hold a significant share of the market during the forecast period due to the significant adoption of digital adoption platform solutions to enhance customer experience, simplify complex financial processes, and ensure regulatory compliance.
In terms of regions, the global digital adoption platform (DAP) market can be split into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. North America constituted a significant share of the market due to the presence of tech-savvy enterprises, high digital maturity, and the need to improve employee and customer experiences.
The market in the Asia Pacific is projected to expand at a significant CAGR during the forecast period due to the increasing digitalization efforts in emerging economies, such as India and China, and the demand for efficient employee training and customer engagement solutions.
Key players in the digital adoption platform (DAP) market include AppLearn, AppNavi, Foobar, Inc., OnScreen, Pendo.io, Inc., Product Fruits s.r.o., UserGuiding, Userlane, Userpilot, WalkMe Ltd., Whatfix, and YESELF.
These companies are considered key players in the digital adoption platform (DAP) market based on their revenue, product offerings, and regional presence. The players are adopting key strategies such as acquisition, collaborations, and geographical expansion where potential opportunities for the digital adoption platform (DAP) market.
Additional company profiles can be provided on request. For a discussion related to above findings, click Speak to Analyst
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
Increasing digital Transformation, the growing complexity of software applications, and enhanced user engagement and productivity are expected to drive market growth during the forecast period.
According to this Growth Market Reports, the global digital adoption platform (DAP) market size was valued at USD 1,078.6 Million in 2022 and is expected to reach USD 4,672.5 Million in 2031, expanding at a CAGR of 17.9% during the forecast period, 2023-2031.
The major end-user of Digital Adoption Platform (DAP) are IT and Telecommunication, BFSI, Healthcare, Retail, and Others.
Factors such as Technology advancements and Economic Growth and Business Investment are analyzed in the final report.
Top players in the market include AppLearn, AppNavi, Foobar, Inc., OnScreen, Pendo.io, Inc., Product Fruits s.r.o., UserGuiding, Userlane, Userpilot, WalkMe Ltd., and Whatfix.
The market is expected to witness a significant impact in growth between 2019 and 2020 owing to the COVID-19 pandemic in the Digital Adoption Platform (DAP) Market.
In addition to market size (in US$ Million), company market share (in % for the base year 2022), current and future market trends, and technology landscape are provided.
The base year considered for the global Digital Adoption Platform (DAP) Market report is 2022. The complete analysis period is 2016 to 2031, wherein, 2016 to 2021 are the historic years, and the forecast is provided from 2023 to 2031.