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Industry Landscape

The direct marketing industry is undergoing a significant transformation, with traditional direct mail integrating increasingly with digital channels. Data analytics and security are paramount, especially in regulated sectors. While digital marketing continues to grow, direct mail maintains its relevance, particularly for targeted campaigns and fundraising, as businesses seek integrated, multi-channel approaches to reach and engage audiences effectively.

Industries:
Direct MailDigital MarketingFundraisingComplianceData Security

Total Assets Under Management (AUM)

Direct Mail Advertising Spend in United States

~Approximately 42.4 billion USD (2023 estimate)

(-2.5% (2023 forecast) CAGR)

Decline attributed to shift towards digital marketing, economic slowdown, and postal rate increases. Despite overall decline, certain sectors like fundraising and compliance communications still heavily rely on it. Its effectiveness in integrated campaigns is still recognized.

Total Addressable Market

42.4 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI-Powered Personalization

Utilizing artificial intelligence and machine learning to create hyper-personalized direct mail and digital content based on individual recipient behavior and preferences.

Programmatic Direct Mail

Automating the creation and mailing of personalized physical mail pieces triggered by digital actions or customer data, bridging online and offline channels seamlessly.

Blockchain for Data Security & Trust

Implementing blockchain technology to enhance data security, transparency, and traceability in handling sensitive customer and donor information, building greater trust.

Impactful Policy Frameworks

California Privacy Rights Act (CPRA) 2023

The CPRA, effective January 1, 2023, expands on the California Consumer Privacy Act (CCPA) by granting consumers more rights over their personal data, including the right to correct inaccurate data and limit the use and disclosure of sensitive personal information.

This policy mandates stricter data handling practices and requires companies like Streamworks to enhance their data hygiene, consent management, and transparency to comply with consumer data rights.

Virginia Consumer Data Protection Act (VCDPA) 2023

Effective January 1, 2023, the VCDPA provides consumers with rights to access, delete, and opt-out of the sale of their personal data, and places obligations on data controllers and processors regarding data protection assessments and security practices.

Streamworks must ensure its data processing and privacy practices align with VCDPA requirements, particularly concerning consumer consent and data security protocols for its clients operating in or serving Virginia.

Colorado Privacy Act (CPA) 2023

The CPA, effective July 1, 2023, grants Colorado consumers rights regarding their personal data, including opting out of targeted advertising and the sale of personal data, and requires companies to conduct data protection assessments.

Streamworks needs to adapt its data management systems and client services to facilitate consumer rights under the CPA, especially for clients engaging in targeted advertising or data sales.

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