Press release
Enterprise Content Management Market Size, Key Analysis And Growth Report Forecast Report 2024 To 2033
Enterprise Content Management Market
The Business Research Company offers in-depth market insights through Enterprise Content Management Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The enterprise content management market size has grown strongly in recent years. It will grow from $33.93 billion in 2023 to $36.89 billion in 2024 at a compound annual growth rate (CAGR) of 8.7%. The growth in the historic period can be attributed to mobile integration, regulatory changes, and compliance demands, globalization, paperless initiatives, growth of data volume.
The enterprise content management market size is expected to see strong growth in the next few years. It will grow to $53.73 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to remote workforce dynamics, security emphasis, digitization, increased demand for automation, demand for personalized user experiences, green computing. Major trends in the forecast period include workflow optimization, content analytics and insight, hybrid ECM deployments, integration with business processes, content personalization.
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Market Segmentation:
The enterprise content management market covered in this report 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
Major Driver - Enterprise Content Management Market Surges Amidst Soaring Data Volumes
The 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. Therefore, the surge in the volume of content being generated due to the prevalence of digitalization is driving the growth of the enterprise content management market.
Competitive Landscape:
Major companies operating in the enterprise content management market report are Microsoft Corporation, Dell Technologies Inc., International Business Management Corporation, Oracle Corporation, SAP SE., Fujitsu Limited, Capgemini SE, Adobe Inc., Xerox Corporation, Open Text Corporation, Atlassian Corporation, Zoho Corporation, Box Inc., Laserfiche, Hyland Systems Inc., Nuxeo Corporation, Systemware Inc., KnowledgeLake Inc., Newgen Software Technologies Limited, DocStar, M-Files Inc., SpringCM Inc., Alfresco Software Inc., Ademero Inc., Objective Corporation Limited, LSSP Corporation, SER Group, Fabasoft AG
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Top Trend - Key Players Unveils Upgraded Content Management System For Seamless Customer Experience
Major companies operating in the aluminum curtain wall market are focusing on technologically advanced products, such as revamped content management systems, to better meet the needs of their existing consumers. A revamped content management system (CMS) is an extensive overhaul or redesign of an existing CMS that includes major enhancements, updates, or modifications to its framework, characteristics, user interface, and functioning. For instance, in April 2022, HeartCore Enterprises, Inc., a Japan-based company that provides corporate content management systems, launched an upgraded content management system, HeartCore's customer experience management platform. The HeartCore customer experience management platform simplifies website operations by allowing users to effortlessly generate, maintain, and edit website content without requiring specialist technical skills. Users will be able to achieve headless distribution of diverse material as well as centralized administration of rising Product Information Administration (PIM) and Digital Asset Management (DAM) as a center for all content shipment, role-based management, and editing operations with the enhanced version. Users will also be able to manage prospects, locate hot leads, and assist SEO objectives through marketing automation and content customization.
The Table Of Content For The Market Report 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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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