North American Enterprise Content Management (ECM) Market Size, Share and Forecast 2020-2026
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On-premises implementations requiring the detailed coordination of multiple technical, IT, and business resources processes take longer to complete and delays associated with hardware acquisition and set up are inevitable. However, this time can be reduced by utilizing a cloud-based ECM versus a comparable on-premises implementation.
Moreover, the growing number of enterprises in the region further contributes to the rising demand for ECM solutions. As per the Government of Canada, as of December 2017, the Canadian economy totaled 1.18 million employer businesses. Of these, 1.15 million (97.9%) were small businesses, 21,926 (1.9%) were medium-sized businesses and 2,939 (0.2%) were large businesses. In 2016, as per the data provided by the OECD, there were around 48,730 enterprises in Canada which include 6,020 numbers of enterprises with 20 to 49 employee strength and 3,400 enterprises with 50-249 employees in 2016. The significant number of enterprises in the country reflects considerable demand for ECM solutions; thereby drives the ECM market within the country.
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North American ECM Market – Segmentation
• IT & Telecom
• Retail & E-commerce
• Others (Media & Entertainment)
North American ECM Market – Segmentation by Region
• United States
• Adobe Inc.
• Alfresco Software, Inc.
• Ascend Software Inc.
• Box, Inc.
• Hyland Software, Inc.
• IBM Corp.
• Microsoft Corp.
• M-Files Inc.
• Oracle Corp.
• Open Text Corp.
• SAP SE
• Veeva Systems Inc.
• Xerox Corp.
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