Content Services Platforms Market Is Booming Worldwide| Microsoft, Hyland, Open Text, Box, Laserfiche, Adobe, IBM, M-Files, Nuxeo and Others

The Global Content Services Platforms Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Content Services Platform Market is expected to grow from US$ 22.6 Billion in 2018 to US$ 60.3 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period. This report spread across 135 pages, profiling 19 companies and supported with tables and figures is now available in this research.

“Services segment is expected to grow at the highest CAGR during the forecast period”
With the increasing adoption of content services platform solutions, the demand for supporting services is also growing among end users.Content services platform related services include consulting, integration and deployment, and support and maintenance services. As this market grows, the demand for services is also expected to increase. Moreover, these services help implement solutions in a cost-efficient manner to accomplish business processes within the time frame and budget effectively.

“BFSI vertical is expected to hold the largest market share during the forecast period”
The BFSI industry vertical is one of the most regulated industry verticals. There are a number of regulatory compliances that the BFSI organizations have to adhere with. This industry vertical also happens to be the one which has seen a large number of cyber-attacks in recent times. The BFSI vertical produces large volumes of enterprise content from their daily operations.

“APAC is expected to record the highest growth rate during the forecast period”
The content services platform market in APAC is expected to witness substantial growth, as SMEs and large enterprises in the region are rapidly adopting the content services platforms to ensure that their content management needs are met. Growing economies in countries such as China, Australia and New Zealand, and Japan, provide huge opportunities for the adoption of the content services platform solutions and services across different industry verticals.

Breakdown of primary participants’ profile:
• By company type: Tier 1 – 38%, Tier 2 – 42%, and Tier 3 – 20%
• By Designation: C-level – 40%, D-level – 35%, and Others – 25%
• By Region: North America–35%, Europe–27%, APAC– 23%,RoW*- 15%

Report Highlights:
• To profile key players and comprehensively analyze their core competencies

• To understand the competitive landscape and identify major growth strategies adopted by players across key regions

• To define, segment, and project the global market size of the content services platform market

• To understand the structure of the content services platform market by identifying its various subsegments

• To provide detailed information about the key factors (drivers, restraints, opportunities, and industry-specific challenges) influencing the growth of the market

• To analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the total market

• To project the size of the market and its submarkets, in terms of value, with respect to the 5 major regions (along with their respective key countries)

• To analyze the competitive developments, such as expansions and investments, new product launches, mergers and acquisitions, joint ventures, and agreements, in the content services platforms market

Reason to access this report:
The Content Services Platforms Market report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall content services platform market and the sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

Top Key Players Profiled in this report includes, Microsoft (US), Hyland (US), Open Text (Canada), Box (US), Laserfiche (US), Adobe (US), IBM (US), M-Files (Finland), Nuxeo (US), Objective (US), Fabasoft (Austria), Micro Focus (UK), GRM Information Management (US), Everteam (France), DocuWare (Germany), Alfresco (US), Newgen (India), SER Group (Germany), and Oracle (US).

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This release was published on openPR.