Global Enterprise Content Management Market Growth Prospects, Future Industry Landscape 2032 | Microsoft Corporation, IBM Corporation, Oracle Corporation, M-Files Inc., Hyland Systems Inc., Open Text Corporation

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Enterprise Content Management Global Market Report 2023 identifies surge in the volume of content being generated due to the prevalence of digitalization is expected to propel the growth of the enterprise content management market going forward. Data volume is the capacity to store and handle petabytes of natively stored and object-stored data with efficiency. Organizations are able to manage content and information securely throughout their lifecycle with the use of an enterprise content management (ECM) solution. For instance, according to a Kommando Tech, a Czech Republic-based independent review site dedicated to providing accurate information about various tech-related products and services, in March 2022, 2.5 quintillion bytes of data are produced by people every day. The last two years have seen the creation of around 90% of all data. Unstructured data is a problem for 95% of businesses. The big data sector is anticipated to be worth $77 billion by 2023.

The global enterprise content management market size is expected to grow from $31.2 billion in 2022 to $34.11 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The enterprise content management market size is expected to grow to $48.65 billion in 2027 at a CAGR of 9.3%.

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Major players in the enterprise content management market are Microsoft Corporation, IBM Corporation, Oracle Corporation, M-Files Inc., Hyland Systems Inc., Open Text Corporation, Adobe Inc., Capgemini SE, Laserfiche, Xerox Holdings Corporation, Datamatics Global Services Limited, Newgen Software Technologies Limited, Jatheon Technologies Inc., Barracuda Network Inc., LSSP Corporation (Pinpoint), Box Inc., Fujitsu Limited, DELL EMC, and SAP SE.

A key trend in the Enterprise Content Management market includes the technological innovations are the key trends gaining popularity in the enterprise content management market. Major companies operating in the market are introducing new technologies such as to sustain their position in the market. For instance, in January 2021, Data metrics, an India-based IT and BPM service company providing Intelligent Solutions for businesses, launched a new version of TruCap+, a content management product. TruCap+ is an AI-enabled (Intelligent Document Processing) IDP solution that offers a template-free way to drastically save setup time of 30% to 70% and a load of building and maintaining templates for each document type and version. Enterprises would be able to accomplish better Straight-Through Processing (STP) with accuracy and faster time to value with the help of TruCap+.

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The Enterprise Content Management market is segmented -
1) By Solution: Records Management, Case Management, Document Management, Mobile Content Management, Imaging and Capturing, Web Content Management, Other Solutions
2) By Deployment Mode: On-Premise, Cloud
3) By Service: Integration, Support and Maintenance, Training
4) By Industry: BFSI, IT and Telecommunication, Energy and Utilities, Government and Public Sector, Healthcare and Life Sciences, Retail and Consumer Goods, Manufacturing, Other Industries

By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Enterprise Content Management market.

The Business Research Company's "Global Enterprise Content Management Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Enterprise Content Management Market Include:
1. Executive Summary
2. Enterprise Content Management Market Characteristics
3. Enterprise Content Management Market Trends And Strategies
4. Enterprise Content Management Market - Macro Economic Scenario
5. Enterprise Content Management Market Size And Growth
……
27. Enterprise Content Management Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Enterprise Content Management Market
29. Enterprise Content Management Market Future Outlook and Potential Analysis
30. Appendix

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