Content Services Platforms Market Growth Rate, Application, Trend, Status, Overview, and Key Players - Microsoft (US), IBM (US), Open Text (Canada), Hyland (US), Box (US), Laserfiche (US), Adobe (US)

The Content Services Platforms Market report helps in finding out prospective in new geographical markets and performs a market analysis to successfully get bigger into them. The report is also helpful to gain knowledge and insights about the new regulatory environment which suits the organization. Moreover, the report unearths the best market opportunities and foster efficient information for your business to thrive in the market.

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The global content services platform market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period, to reach USD 101.6 billion by 2027 from USD 48.9 billion in 2022.

Some of the major content services platform market vendors are Microsoft (US), IBM (US), Open Text (Canada), Hyland (US), Box (US), Laserfiche (US), Adobe (US), Oracle (US), M-Files (US), SER Group (Germany), GRM Information Management (US), Intalio (France), Micro Focus (UK), Newgen (India), Kyocera (Japan), DocuWare (Germany), DocStar (US), Objective (Australia), and D.velop (Germany).

Content services platform has enabled organizations to securely manage unstructured corporate data and generate information crucial for business operations. It enables organizations to eradicate ad-hoc processes by providing compliance with major security and regulatory standards.

As per business function, Human Resources segment to grow at a the highest CAGR during the forecast period

The content services platform market is segmented is sub segmented into Human Resource (HR), sales & marketing, accounting & legal, and procurement & supply chain management. As per business functions, HRis expected to grow at the highest CAGR during the forecast period. The human resource management department is one of the crucial departments at every organization involved in managing employee-related processes, from recruitment and on boarding to payroll and administration. Traditionally, to manage employee databases for performance management and employee tracking, various Enterprise Resource Planning (ERP) suites or Human Resource Information Systems (HRIS) solutions are used to cover the basic human resource activities and processes. human resources systems help human resources maintain, manage, and process detailed employee information and human resources-related policies and procedures. However, ERP and human resources software lack a few of the capabilities. Therefore, organizations across various verticals have been using content services platforms in the human resource department to manage employees' unstructured content.

As per deployment mode, on-premises to have the highest market size during the forecast period

As per deployment mode, on -premises is estimated to have the highest market size during the forecast period in the content services platform market. On-premises solutions are provided for a one-time license fee as well as a service agreement. For huge infrastructure and a private data center that are crucial for installment of solutions in on-premises deployment is cost incurring. Therefore, SMEs usually face the problem of choosing between hosted and on-premises solutions. However, enterprises with good capital financing prefer on-premises solutions as they offer improved security linked to cloud-based solutions.

As per component, solutions to grow at the highest CAGR during the forecast period

As per component, solutions is estimated to hold the highest Compound Annual Growth Rate (CAGR) in the content services platform market. The solutions segment of the content services platform includes document & record management, workflow management, data capture, content reporting & analysis, case management, information security & governance, and other solutions. Other solutions include collaboration, version control, and eDiscovery. The solution providers offer tailored solutions to businesses according to the need of the business. The content services platform solutions enable organizations to fulfill demands along with helping businesses to grow.

Breakdown of primaries

In-depth interviews were conducted with Chief Executive Officers (CEOs), innovation and technology directors, system integrators, and executives from various key organizations operating in the content services platform market.

By Company: Tier I: 35%,Tier II: 45%, and Tier III: 20%
By Designation: C-Level Executives: 35%, D-Level Executives: 25%, and Managers: 40%
By Region: APAC: 25%, Europe: 30%, North America: 30%, MEA: 10%, Latin America: 5%

Research Coverage

The market study covers the content services platform market across segments. It aims at estimating the market size and the growth potential of this market across different segments, such as components, business function, Deployment type, enterprise size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report would provide 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 its sub segments. It would help stakeholders understand the competitive landscape and gain more insights better to position their business and plan suitable go-to-market strategies. It also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

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Table Of Contents

1 Introduction
1.1 Objectives Of Study
1.2 Market Definition
1.2.1 Inclusions And Exclusions
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.3.3 Years Considered For Study
1.4 Currency Considered
Table 1 United States Dollar Exchange Rate, 2018-2021
1.5 Stakeholders
1.6 Summary Of Changes

2 Research Methodology
2.1 Research Data
Figure 1 Content Services Platform Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
Table 2 Primary Interviews
2.1.2.1 Breakup Of Primary Profiles
2.1.2.2 Key Industry Insights
2.2 Market Breakup And Data Triangulation
Figure 2 Data Triangulation
2.3 Market Size Estimation
Figure 3 Content Services Platform Market: Top-Down And Bottom-Up Approaches
2.3.1 Top-Down Approach
Figure 4 Market Size Estimation Methodology-Approach 1 (Top-Down): Revenue Of Vendors Offering Content Services Platform Solutions And Services (1/2)
Figure 5 Market Size Estimation Methodology-Approach 1 (Top-Down): Revenue Of Vendors Offering Content Services Platform System Solutions And Services (2/2)
Figure 6 Market Size Estimation Methodology - (Supply Side): Cagr Projections From Supply Side
2.3.2 Bottom-Up Approach
Figure 7 Market Size Estimation Methodology - Approach 2, Bottom-Up (Supply Side): Collective Revenue From All Solutions/Services Of Market
Figure 8 Market Size Estimation Methodology - Approach 4, Bottom-Up (Demand-Side): Share Of Components Through Overall Content Services Platform Spending
2.4 Market Revenue Estimation
Figure 9 Illustration Of Company Content Services Platform Revenue Estimation
2.5 Market Forecast
Table 3 Factor Analysis
2.6 Growth Forecast Assumptions
2.7 Assumptions For Study
2.8 Limitations Of Study

3 Executive Summary
Figure 10 Content Services Platform Market: Global Snapshot
Figure 11 Top Growing Segments In Market
Figure 12 Solutions Segment To Hold Larger Market Size During Forecast Period
Figure 13 Large Enterprises Segment To Hold Larger Market Size During Forecast Period
Figure 14 On-Premises Segment To Hold Larger Market Size During Forecast Period
Figure 15 Top Verticals In Market (Usd Million)
Figure 16 North America To Hold Largest Market Size During Forecast Period

4 Premium Insights
4.1 Attractive Growth Opportunities In Content Services Platform Market
Figure 17 Drastic Geographic Change And Technological Evolution To Drive Content Services Platform Growth
4.2 Market, By Component (2022 Vs. 2027)
Figure 18 Solutions Segment To Hold Larger Market Share During Forecast Period
4.3 Market, By Enterprise Size (2022 Vs. 2027)
Figure 19 Large Enterprises Segment To Hold Larger Market Share During Forecast Period
4.4 Market, By Deployment Mode (2022 Vs. 2027)
Figure 20 On-Premises Segment To Hold Larger Market Share During Forecast Period
4.5 Market, By Vertical (2021 Vs. 2027)
Figure 21 Banking, Financial Services, And Insurance Vertical Segment To Hold Largest Market Share During Forecast Period
4.6 Market Investment Scenario
Figure 22 Asia Pacific To Emerge As Best Market For Investments In Next Five Years

5 Market Overview And Industry Trends
5.1 Introduction
5.2 Market Dynamics
Figure 23 Drivers, Restraints, Opportunities, And Challenges: Content Services Platform Market
5.2.1 Drivers
5.2.1.1 Growing Need To Enhance Content Security And Optimize Business Processes With Automated Workflows
Figure 24 Major Benefits To Drive Market
5.2.1.2 Growing Adoption Of Smac Technologies
5.2.1.3 Need For Regulatory Content Management For Enhanced Operations
Figure 25 Primary Information Governance Challenges
5.2.2 Restraints
5.2.2.1 Complications In Handling Data Post Mergers And Acquisitions
5.2.3 Opportunities
5.2.3.1 Increasing Adoption Of End-To-End Cross-Platform Solutions
5.2.3.2 Growing Inclination Toward Adoption Of Rpa
5.2.4 Challenges
5.2.4.1 Increasing Security And Data Privacy Issues With Cloud Deployments
5.2.4.2 Lack Of Skilled Workforce And Poor Management In Creating User Adoption Process
5.2.4.3 Difficulties With Integration And Implementation Of Content Services Platform With Current Applications
5.3 Case Study Analysis
5.3.1 Case Study 1: Larsen & Toubro Infotech Financial Services Technologies Inc. Used Newgen Software's Solutions
5.3.2 Case Study 2: John Carroll University Deployed Hyland's Onbase To Manage Petition Process
5.3.3 Case Study 3: Legal Aid Western Australia Used Opentext Extended Ecm To Manage Content
5.3.4 Case Study 4: Powersouth Energy Cooperative Deployed Ibm's Solutions For Content Management
5.3.5 Case Study 5: Astrazeneca Used Micro Focus' Content Manager To Simplify Archive Process
5.3.6 Case Study 6: Mitani Deployed M-Files' Solution To Manage Its Workflows
5.4 Porter's Five Forces Analysis
Table 4 Porter's Five Forces Analysis: Content Services Platform Market
Figure 26 Porter's Five Forces Analysis: Market
5.4.1 Threat Of New Entrants
5.4.2 Threat Of Substitutes
5.4.3 Bargaining Power Of Suppliers
5.4.4 Bargaining Power Of Buyers
5.4.5 Intensity Of Competitive Rivalry
5.5 Covid-19-Driven Market Dynamics
5.5.1 Drivers And Opportunities
5.5.2 Restraints And Challenges
5.6 Technological Outlook
5.6.1 Artificial Intelligence And Automation
5.6.2 Iot Technology
5.6.3 Augmented Reality
5.6.4 Blockchain Technology
5.7 Pricing Analysis
Table 5 Content Services Platform Market: Pricing Levels
Figure 27 Content Services Platform: Average Selling Price
5.8 Value Chain Analysis
Figure 28 Value Chain Analysis
5.9 Ecosystem
Table 6 Market: Ecosystem
5.10 Patent Analysis
Table 7 Content Services Platform Market: Patents
Table 8 Top 10 Patent Owners (Us)
Figure 29 Top 10 Companies With Highest Number Of Patent Applications
Figure 30 Number Of Patent Documents Published (2012-2021)
5.11 Regulatory Landscape
5.11.1 Regulatory Bodies, Government Agencies, And Other Organizations
Table 9 North America: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 10 Europe: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 11 Asia Pacific: List Of Regulatory Bodies, Government Agencies, And Other Organizations
Table 12 Rest Of World: List Of Regulatory Bodies, Government Agencies, And Other Organizations
5.11.2 Regulatory Implications And Industry Standards
5.11.3 General Data Protection Regulation
5.11.4 Sec Rule 17a-4
5.11.5 Iso/Iec 27001
5.11.6 System And Organization Controls 2 Type Ii Compliance
5.11.7 Financial Industry Regulatory Authority
5.11.8 Freedom Of Information Act
5.11.9 Health Insurance Portability And Accountability Act Play
5.12 Key Conferences And Events In 2022
Table 13 Content Services Platform: Detailed List Of Conferences And Events
5.13 Key Stakeholders & Buying Criteria
5.13.1 Key Stakeholders In Buying Process
Figure 31 Influence Of Stakeholders In Buying Process For Top Business Functions
Table 14 Influence Of Stakeholders In Buying Process For Top Business Functions (%)
Figure 32 Buying Process For Top Business Functions
5.13.2 Buying Criteria
Figure 33 Key Buying Criteria For Top Three Applications
Table 15 Key Buying Criteria For Top Three Applications
5.14 Trends/Disruptions Impacting Buyers
Figure 34 Market: Trends/Disruptions Impacting Buyers

6 Content Services Platform Market, By Component

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