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Digital Asset Management Market is expected to grow at a CAGR of 18.23% over the forecast period| Dominant Vendors - ADAM SOFTWARE, CANTO INC., CELUM GMBH, OPENTEXT CORPORATION, QBANK, IBM CORPORATION, among others

03-10-2019 12:21 PM CET | IT, New Media & Software

Press release from: Market Prognosis

Market Analysis:

Japan to Witness the Fastest Growth in Asia-Pacific
Digital asset management is expected to see a significant investment in Japan over the forecast period. Multiple private Japanese organizations are expected to offer digital asset management solutions to banks as well as other government and private industries.

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The entertainment sector requires data transfer (handle images, video, and music files) among multiple sources and the digital asset management (DAM) plays a significant role in providing the access and managing the data in an easy manner. With the help of a DAM system, the media & entertainment companies have been identified to become more efficient and effective in creating, managing, sharing, archiving, and analyzing large volumes of digital assets with a centralized network solution. Considering the high adoption of digital asset management in the media and entertainment sector, the market for media and entertainment in digital asset management is expected to grow lucratively during the forecast period. Companies worldwide have been identified to deploy cloud-based software as it is cost efficient when compared to the other deployment models.

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Market Segments:
Digital Asset Management Market is segmented by:
1. Type: Brand Asset Management Systems, Library Asset Management Systems, Production Asset Management Systems, Others
2. Solution: Video Management, Creative Tool Integration, Asset Analytics, Web Content Integration, Brand Portals, Asset and Metadata Archiving, Lifecycle and Rights Management
3. Deployment: On-premise, Cloud
4. End-User: Media and Entertainment, BFSI, Government, Healthcare, Retail, Automotive, Manufacturing, Others
5. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
• March 2017 - Aprimo acquired ADAM Software. With this acquisition, Aprimo hopes to integrate ADAM directly into Aprimo’s platform, facilitating customers with marketing operations solution, capable of handling both the production as well as the publication of content.
• January 2017 - SoftServe and ADAM Software underwent a strategic partnership.

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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ProgMark Pvt Ltd,
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India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

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