Enterprise Content Management Market

Enterprise Content Management Market worth $67.14 billion by 2022

According to a research report "Enterprise Content Management Market by Component (Solutions and Services), Business Function (Accounts & Finance, Human Resources, Supply Chain Management, Operations, and Marketing), Deployment Type, Organization Size, Vertical - Global Forecast to 2022", published by MarketsandMarkets, The ECM market size is expected to grow from USD 31.66 billion in 2017 to USD 67.14 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 16.2%.The growing need for regulatory content management to enhance operations and increased traction for risk mitigation in content management are have led to the adoption of ECM solution. With the expected increase in the adoption of cloud ECM solutions and associated services among Small and Medium Enterprises (SMEs), the ECM market is likely to gain traction during the forecast period.

Browse 73 Market Data Tables and 37 Figures spread through 159 Pages and in-depth TOC on "Enterprise Content Management Market by Component (Solutions and Services), Business Function (Accounts & Finance, Human Resources, Supply Chain Management, Operations, and Marketing), Deployment Type, Organization Size, Vertical - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/enterprise-content-management-market-226977096.html

Large enterprises is expected to hold a major market size during the forecast period.

Large enterprises control a number of different enterprise systems that have higher levels of complexities. The market size of ECM is relatively high for large enterprises as compared to SMEs. This is due to the affordability and high economies of scale offered by ECM solutions that allow organizations to leverage the benefits of ECM solutions and services. The ECM market is undergoing significant technological transitions, such as collaboration with social media, real-time solutions, and the usage of mobile devices. All these advancements are favorably welcomed and highly adopted by large enterprises. The market share for ECM across large enterprises is higher and is expected to rise at a constant pace during the forecast period.

Digital Asset Management (DAM) is contributing the highest CAGR for the ECM market.

The DAM solution is estimated to contribute the largest market size with a CAGR of 17.8%. Digital assets consist of images, graphics, logos, animations, audio/video clips, presentations, web pages, documents, and other digital file formats. It is important for managing the enterprise asset lifecycle.  DAM solutions help organizations to enhance their productivity and reduce the total cost of ownership through effective utilization and management of digital assets.

The rapid adoption of ECM due to a strong and well-established economy makes North America the largest market in terms of global share.

North America is expected to hold the largest market size during the forecast period and dominate the ECM market, as this region is extremely responsive towards the adoption of the latest technological advancements. From 2017 to 2022, APAC is estimated to grow at the highest rate in terms of CAGR and is expected to become a new hotspot for ECM vendors as a revenue generating region. Furthermore, Europe is expected to be another revenue generating a market, with solutions market as the leading revenue generating segment.
The major vendors that offer ECM solutions and services across the globe are Microsoft Corporation (US), IBM Corporation (US), Hyland Software, Inc. (US), OpenText Corporation (Canada), Oracle Corporation (US), Alfresco Software, Inc. (UK), Everteam (France), Fabasoft (Austria), M-Files Corporation (US), Laserfiche (US), Xerox Corporation (US), and Newgen Software Technologies Ltd. (India).

Don’t miss out on business opportunities in Enterprise Content Management Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
TC 2370
PR Published ON
7/20/2017
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Enterprise Content Management Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

...

Digital Virtual Assistant - MarketsandMarkets

Home