openPR Logo
Press release

Digital Asset Management Market with 14.5% CAGR: Market Analytical Overview and Size(Value and Volume) by 2028

10-10-2022 11:12 AM CET | IT, New Media & Software

Press release from: Introspective Market Research

Digital Asset Management Market with 14.5% CAGR: Market

Market Overview:

The global market for Digital Asset Management Market was estimated at USD 1,848.34 Million in 2021 and is projected to reach USD 4,856.26 Million by 2028, growing at a CAGR of 14.5% over the forecast period.

A centralized DAM system, which is quick to set up and simple to use, gives peers, staff members, clients, contractors, and other important stakeholders-controlled access to their full digital material library, which includes pictures, videos, audio files, presentations, documents, and more. The main factor fueling the expansion of the digital asset management market throughout the forecasted period is the rise in demand for a collaborative digital workflow, particularly for marketing and sales operations.

Read Full Research Report: -
https://introspectivemarketresearch.com/reports/digital-asset-management-market/

Market dynamics:

Driver:
Enhanced Digital Rights Management
Most companies use too much-licensed material, often in the form of images, videos, and logos. It's easy to assume that once assets are purchased, they can be saved in a folder and used anywhere. Unfortunately, this is not always the case. Copyright restrictions on the use of digital assets can be quite specific, and failure to track how that asset is used can expose a company to legal risk. Fortunately, DAM software allows users to easily check the licensing status of all assets in any content collection using digital rights management (DRM) tools. This ensures licensed content is not abused and tracks how copyrighted materials are used and shared within the company.

Opportunities:
Blockchain Technology
Due to the rise of cryptocurrencies, blockchain technology has received a lot of attention. However, with the development of digital currencies, this technology has not only become mainstream but is also used in digital asset management solutions. This type of digital technology aims to decentralize management and transaction processes, handing control back to users rather than to an invisible, global system. The use of blockchain technology in digital asset management gives users full control over any modification to files and any shared data. Therefore, the integration of blockchain technology in digital asset management is expected to create lucrative opportunities for market players.

Acquire PDF Sample Report + All Related thorough TOC, Graphs and Tables of Global Digital Asset Management Market Now:
https://introspectivemarketresearch.com/request/14755

Market Segmentation

Deployment Type:
the cloud segment is anticipated to develop at the highest CAGR over the studied period. Finding an image in an organized repository of thousands of images may be difficult and expensive. With effective asset management, cloud-based DAM makes it simple. Assets can be grouped, classified, and sorted into particular file folders and categories.

Business Function: the human resource (HR) segment is expected to lead the development of the digital asset management market in the projected period. Due to the extensive scope and functionalities of systems like a digital asset management platform and similar ones, human resources (HR) operations are greatly affected.
End Use Industry: the media and entertainment segment are anticipated to have the highest share of the digital asset management market over the projected timeframe. Companies in the media and entertainment industries rely on digital assets to generate income.

By Deployment Type
• Cloud
• On-Premises
By Business Function
• Human Resource
• Sales and Marketing
• Information Technology
• Others
By End User Industry
• Manufacturing
• IT & Telecom
• BFSI
• Media and Entertainment
• Others

For More Information or Query or, Customization before Buying Visit:
https://introspectivemarketresearch.com/inquiry/14755

Regional Analysis of Digital Asset Management Market
The North American region is anticipated to have the highest share of the digital asset management market over the projected timeframe. The growing adoption of digital asset management solutions by manufacturing businesses in the USA and Canada is the major driving force for the growth of the market. As of 2022, there were 6,38,583 Manufacturing companies in the US, a 1.4 % growth from 2021. Furthermore, market players in this region are launching new products to increase their market share.

By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)

Major Key Players Considered in the Market
• Acquia
• Brandfolder
• Adobe
• Canto
• Bynder
• OpenText
• Hyland
• Northplains
• Veeva
• Extensis
• Cloudinary
• MediaValet
• WoodWing
• Kontainer

Up-To Avail 20% Discount on various license types on immediate purchase (Use corporate email ID). Get Higher Priority-
https://introspectivemarketresearch.com/discount/14755

Key Industry Development In The Digital Asset Management Market

In March 2022:Veeva Systems announced that Bharat Serums and Vaccines Limited (BSV), one of India's fastest-growing biopharmaceutical companies, is standardizing on Veeva Vault PromoMats to speed up its end-to-end content lifecycle for scientific and promotional materials. As it prepares to enter international markets, BSV is implementing a scalable digital content infrastructure for greater content reuse and streamlined approvals.

In February 2022: the Widen Digital Asset Management (DAM) solution was recognized as a "Leader" in The Forrester Wave TM: Digital Asset Management for Customer Experience, Q1 2022 Report, according to a statement from Acquia. It compares the 27 criteria for the 14 most important DAM suppliers across three categories: present offering, strategy, and market presence. Widen was purchased by Acquia in September 2021.

Objectives of the global Digital Asset Management market
1. To identify the main subsegments of the Digital Asset Management market to comprehend its structure.
2. Identifies describes, and analyses the sales volume, value, market share, competitive market landscape, opportunities and threats, and strategic initiatives for the main worldwide Digital Asset Management manufacturers for the next few years.
3. To examine Digital Asset Management in terms of specific expected growth, career outlook, and market share contribution.
4. Analyze commercial developments in the market, such as market expansions, partnerships, new product development, and mergers.
5. To develop a strategic analysis of the main players and a thorough analysis of their strategic planning.

Buy the Latest Version of this Report @
https://introspectivemarketresearch.com/checkout/?user=1&_sid=14755

Read Related Report: -

https://introspectivemarketresearch.com/reports/digital-ad-insertion-sever-market/

https://introspectivemarketresearch.com/reports/digital-process-automation-dpa-software-market/

https://introspectivemarketresearch.com/reports/digital-asset-trading-platform-market/

Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Ph no: +1-773-382-1047
Email: sales@introspectivemarketresearch.com
LinkedIn | Twitter | Facebook

About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients to grow and have a successful impact on the market. Our team at IMR is ready to assist our clients to flourish their businesses by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specializing in using big data and advanced analytics to show the bigger picture of market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients how they can achieve their goals.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Digital Asset Management Market with 14.5% CAGR: Market Analytical Overview and Size(Value and Volume) by 2028 here

News-ID: 2761827 • Views: 1110

More Releases from Introspective Market Research

Surgical Broaches market Forecast | Expected to Thrive at Impressive CAGR by 202 …
Market Overview: The Surgical Broaches Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021. Surgical broaches are simple elongated, tapered, and serrated cutting instruments designed for shaping and enlarging holes to provide a supportive approach for comforting the operative target during surgical procedures. Surgical broaches are designed to shape and enlarge holes in the bone and to
The Global Surgical Instrument Tracking System Market By Manufacturers, Countrie …
Market Overview: The Surgical Instrument Tracking System Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021. An institution's instrument inventory should be managed at the tray level using a surgical instrument tracking system rather than manual recording and paper trails. For better asset management, use, and auditing, RFID Discovery delivers real-time location data for surgical instruments and endoscopes. By
Surgical Stapling Device Market, Size, Share, Trends, Demand, Growth, Challenges …
Market Overview: The Surgical Stapling Device Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021. Surgical staplers are medical devices that are generally made of plastic or stainless steel or titanium and are loaded with a disposable cartridge of surgical staples. Plastic staples are frequently used and preferred as patients may sometimes have metal allergies. Surgical stapling
Plant Based Leather Market Global Industry Analysis, Trends, Size, Share and For …
Market Overview: The Global Plant Based Leather Market Is Expected To Grow At A Significant Growth Rate, And The Analysis Period Is 2022-2028, Considering The Base Year As 2021. A type of leather called "plant-based leather" is produced without the use of any animal ingredients. Typically, it is made of synthetic materials like polyurethane or PVC or plant-based materials like coconut or pineapple. Vegan leather is advantageous in the production of small

All 5 Releases


More Releases for Digital

Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025. North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant
Digital Advertising on Mobil Market Analysis 2019 Top Growing Companies: Adverti …
Digital Advertising on Mobil Market Digital Advertising on Mobile Market is a type of advertising that shows that mobile devices such as smart phones and tablets have wireless connectivity. For mobile devices with fewer lenses than computers or laptops, digital media formats are often the most suitable for small displays through outputs. Telephone advertising is the communication of products or services of mobile devices and consumers. Telephone announcements range from
Digital Package Market Size by Analyzing Historical Data, Future Prospect and Ke …
Global Digital Package Industry 2019-2025 Market Research Report explores an in-depth insight of Digital Package Market covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. This in-depth market report, which is updated every year, provides all you need to know about the global Digital Package market. The report includes the market volumes for Digital Package present and latest news and updates about the market situation.Digital
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect. Get Sample Copy of this Report -
Top Key Players like Digital Brand Architects, Marketing Factory Inc., Digital A …
Digital Marketing Strategy is the series of actions that help you to achieve your company goals through carefully selected online marketing channels. These channels include paid, earned, and owned media, and can all support a common campaign around a particular line of business. Here we include some digital marketing strategies that can help to grow business in future: Setting a Goal, Creating a Marketing Funnel, Developing a call-to-action, creating an
Digital Video Recorder Market - Digital Technology With The Adoption of Digital …
A digital video recorder (DVR) is an electronic device that records video in a digital format to a hard disk drive (HDD), solid state drive (SSD), USB flash drive, SD card, or other mass storage devices. Digital video recorders include set-top-boxes, television sets, personal computers, camcorders, and media players with recording capability. Digital video recorders are used mainly for entertainment and security and surveillance applications. Fast data retrieval, less storage