Press release
Enterprise Content Management Market Size is Set to Register $6170 Million by 2025 | Microsoft, Alfresco Software, IBM, M-Files, Oracle, Xerox
The report covers a forecast and an analysis of the Enterprise Content Management (ECM) Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Enterprise Content Management (ECM) Market along with the impact they have on the demand over the forecast period.The Global Enterprise Content Management (ECM) Market has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Enterprise Content Management (ECM) market size to maintain the average annual growth rate of 15.69% from UAS 2060 Million in 2014 to USD 3190 Million in 2019, market analysts believe that in the next few years, Enterprise Content Management (ECM) market size will be further expanded, we expect that by 2024, The market size of the Enterprise Content Management (ECM) will reach USD 6170 Million.
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One of the most important key factor drives the growth of the Global Enterprise Content Management (ECM) Market is data explosion across industries. In the age of big data, organizations are currently generating a huge amount of data from online communication and collaboration, leading to data explosion. Moreover, the digitalization of businesses and processes has led to an abundance of a complex and diversified data set which needs to be processed and analysed.
This report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the Global Enterprise Content Management (ECM) Market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.
Global Key Players:
1 Alfresco Software
2 Everteam
3 Fabasoft
4 Hyland Software
5 IBM Corporation
6 Laserfiche
7 M-Files Corporation
8 Microsoft Corporation
9 Newgen Software
10 Opentext Corporation
11 Oracle Corporation
12 Xerox Corporation and More.....................
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Product Type Segmentation
1 Content Workflow
2 Document Management
3 Imaging and Capturing
4 Web content Management
5 Records Management
Industry Segmentation
1 BFSI
2 Government
3 Manufacturing
4 Telecom and IT
5 Consumer Goods and Retail
On the basis of Regional analysis, North America and Europe holds major share in global Enterprise Content Management (ECM) market. Moreover, Asia-Pacific is expected to record higher growth rate in Enterprise Content Management (ECM) Market during the forecast year.
Global Marketing News:
Microsoft (February 19, 2020) - Open Manufacturing Platform expands: Anheuser-Busch InBev, Microsoft, BMW Group, Bosch and ZF team up to accelerate manufacturing innovation at scale - The Open Manufacturing Platform (OMP) has expanded, with new steering committee members and new working groups established. OMP is an alliance founded in 2019 to help manufacturing companies accelerate innovation at scale through cross-industry collaboration, knowledge and data sharing as well as access to new technologies. The OMP was founded under the umbrella of the Joint Development Foundation, which is part of the Linux Foundation. Original members The BMW Group and Microsoft welcome Anheuser-Busch InBev (AbInBev), Bosch Group and ZF Friedrichshafen AG as steering committee members. The OMP steering committee has approved a number of working groups to focus on core areas important to the industry, including IoT Connectivity, semantic data models, Industrial IoT reference architecture, and core services for ATS (autonomous transport systems).
Common approach to industry challenges
The expansion of intelligent manufacturing is driving new efficiencies and increased productivity, as well as revealing new challenges. Within the industry, legacy and proprietary systems have resulted in data silos, making operationwide insight and transformation daunting. As common challenges across the industry, they often require a high degree of investment for modest returns within any one organization. The OMP has been developed to address this, where manufacturers and their value chains come together to identify and develop solutions that address these nondifferentiating problems. It brings together experts across the manufacturing sector -- including discrete and process manufacturing, transportation and consumer goods, industrial equipment, and more.
"Our goal is to drive manufacturing innovation at scale, accelerate time-to-value and drive production efficiencies by jointly solving mutual challenges, based on an open community approach. The OMP helps manufacturing companies unlock the potential of their data, implement industrial solutions faster and more securely, and benefit from industrial contributions while preserving their intellectual property (IP) and competitive advantages, mitigating operational risks and reducing financial investments," said Jürgen Maidl, Senior Vice President Production Network and Supply Chain Management at the BMW Group.
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Major Points in Table of Contents:
Global Enterprise Content Management (ECM) Market Report 2020
1 Enterprise Content Management (ECM) Definition
2 Global Enterprise Content Management (ECM) Market Major Player Share and Market Overview
2.1 Global Major Player Enterprise Content Management (ECM) Business Revenue
2.2 Global Enterprise Content Management (ECM) Market Overview
3 Major Player Enterprise Content Management (ECM) Business Introduction
3.1 Alfresco Software, Inc. Enterprise Content Management (ECM) Business Introduction
3.2 Everteam Enterprise Content Management (ECM) Business Introduction
3.3 Fabasoft Enterprise Content Management (ECM) Business Introduction
3.4 Hyland Software, Inc. Enterprise Content Management (ECM) Business Introduction
3.5 IBM Corporation Enterprise Content Management (ECM) Business Introduction
3.6 Laserfiche Enterprise Content Management (ECM) Business Introduction
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