Global Consent Management Market Growth Trends With Detailed Forecast To 2024-2030

The Consent Management Market size was valued at USD 460 Mn. in 2023 and the Total Global Consent Management Market revenue is expected to grow at a CAGR of 19.9% from2024 to 2030, reaching nearly USD 1630 Mn.
The Consent Management Market Overview

Consent management is a procedure or system that informs users about rules regarding data collection and usage in order to facilitate compliance. It's a system that makes sure companies abide with data privacy rules by gathering, storing, and transmitting user consent. Users choose what personal data is gathered and how it is used by using consent management, which gives them information about how a business gathers and uses data. Consent management platforms (CMPs) facilitate the gathering and management of consents and personal data, helping organizations to adhere to data protection regulations. Through the use of CMPs, organizations learn about all phases of the lifecycle of personal data, from opt-in to the data subject's request and consent alternatives. Consent management is crucial because it gives consumers control over their personal data and guarantees that companies are open and honest about how they gather and use it.