05-21-2018 07:34 AM CET - IT, New Media & Software

United States Knowledge Management Solutions Market to Reach $ 25.47 Billion by 2025 - By Service, Deployment Model, Solution, End User, Organization Size & Geography - Research and Markets

Press release from: QY Research Groups
Knowledge Management Solutions
Knowledge Management Solutions

Knowledge management is the way in which companies identify, gather, organize, share and interpret information. It includes not only knowing about systems and technologies but people and organizations as well. Knowledge management (KM) is the process of creating, sharing, using and managing the knowledge and information of an organization. It refers to a multidisciplinary approach to achieve organizational objectives by making the best use of knowledge. Knowledge management efforts typically focus on organizational objectives such as improved performance, competitive advantage, innovation, the sharing of lessons learned, integration and continuous improvement of the organization.

In terms of revenue, the United States Knowledge Management Solutions Market was valued at US$ 12.22 Billion in 2017 and is expected to reach US$ 25.47 Billion by 2025, expanding at a CAGR of 9.8% from 2018 to 2025.

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The knowledge management process is universal for any enterprise.
Sometimes, the resources used, such as tools and techniques, can be unique to the organizational environment. The knowledge management process has six basic steps assisted by different tools and techniques, such as collecting, organizing, summarizing, analyzing, synthesizing, and decision making. When these steps are followed sequentially, the data transforms into knowledge.

The United States Knowledge Management Solutions Market is bifurcated into small & medium enterprise and large enterprise based on the organizations size. Of these, the Small and Medium-sized Enterprises (SMEs) segment is expected to grow at the highest CAGR in the United States market during the forecast period.

Based on application, the United States Knowledge Management Solutions Market has been classified into IT & telecom, education, financial services, among others. Out of these segments, the financial services segment is anticipated as the largest segment during the forecast period. However in recent years the market has moved beyond providing its traditional end users to include medium and large sized manufacturing and IT services industries.

The United States Knowledge Management Solutions Market has been segmented into five major regions, namely North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. North America is projected to account for the largest share of the market during the estimated period and dominate the market, as this region is extremely responsive towards the adoption of the latest technological advancements. Further, Asia-Pacific is expected to grow at the highest rate in terms of CAGR and is likely to become a new hotspot for KM vendors as a revenue generating region.

The United States Knowledge Management Solutions Market is enhanced by factors such as:
Increasing adoption of knowledge management in IT & telecom.
High implementation of knowledge management solutions in large enterprises.

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Some of the significant players functioning in the United States Knowledge Management Solutions Market include IBM United States Services, Ernst & Young, Nuance Communication Inc., Open Text Corporation, Premier United States Services Inc., Interwoven Inc, Callidus Software Inc., and so on. Other prominent players include Computer Science Corporation, Theum AG, ProProfs among others.

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1. Introduction
1.1. Market Scope
1.2. Market Segmentation
1.3. Methodology
1.4. Assumptions
2. Knowledge Management Solutions Market Dynamic Snapshot
2.1. Comparative Analysis (Base year v/s. Forecast)
2.2. Geographic Outlook
3. Qualitative Analysis: Knowledge Management Solutions Market
3.1. Introduction
3.1.1. Product Definition
3.1.2. Industry Development
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. List of Buyers of Knowledge Management Solutionss, by Region (Names of manufacturers/resellers/distributors)
3.3.1. Eastern Europe Russia Poland Ukraine
3.3.2. Italy
3.3.3. South Africa
3.3.4. U.S.
3.4. Distribution Channel Analysis: Knowledge Management Solutionss Market

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