Recommendation Engine Market Projected To Reach USD 17.30 Billion By 2028
San Francisco, 16 March 2022: The Report Recommendation Engine Market Size, Share & Trends Analysis Report By Type (Collaborative Filtering, Hybrid Recommendation), By Deployment, By Application, By Organization, By End-use, By Region, And Segment Forecasts, 2021 - 2028 The global recommendation engine market size is expected to reach USD 17.30 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 33.0% from 2021 to 2028. The growing adoption of digital technologies among organizations is one of the key factors driving the market. In addition, the rising competition among organizations and the need to provide a better customer experience are increasing the demand for recommendation systems. The COVID-19 pandemic compelled governments across various countries to take immediate actions and impose partial or full lockdowns. This impacted various industries in numerous ways. Social distancing rules and traveling restr