Press release
Digital Asset Management (DAM) Affordable Solutions To Store, Manage, Retrieve, And Share Data
The booming online marketing sector and the substantial media content are the primary driving forces behind the stupendous growth of the global digital asset management (DAM). The affordable cloud-based solutions are expected to push this market further in the coming years. TMR findings suggest, the global digital asset management market was valued at US$1.44 bn in 2015. However, analysts indicate that the opportunity in this market will be worth US$7.48 bn by 2024, rising at a CAGR of 18.8% between 2016 and 2024.Benefits of DAM Create New Opportunities
The benefits of DAM solutions over conventional alternatives are anticipated to provide this market with the much-needed impetus in the coming years. Several organizations are adopting these solutions as it offers them affordable solutions organizations to store, manage, retrieve, and share data.
Free PDF For Full Details with Technological breakthroughs is @ http://bit.ly/2c1KcJp
Currently, the SMEs are the biggest target audience of the DAM players, which is encouraging the operating companies to customize their solutions and meet the specific demands of the small players. The biggest restraint in the global DAM market is the initial high investment. The lack of knowledge about the right DAM solution is also acting a major deterrent to the overall market.
DAM Solutions form the Backbone of Media and Entertainment Industry
The biggest end user of DAM solutions is the media and entertainment industry. As of 2015, this end user segment accounted for 27.1% share in overall market due to multiple uses of these solutions and their numerous advantages being realized by the industry on the whole.
Today, the media and entertainment industry largely depends on the installation and smooth functioning of the DAM solutions as it eases out the process of saving, managing, and recollecting an immeasurable volume of video, audio, images, and other files. Management of these digital assets has become far easier with DAM solutions, thus making them an integral part of the industry.
Cloud-Based DAM Solutions Will Win Over Conventional Solutions
The majority of the end users in the DAM market are likely to opt for cloud-based services due to several reasons. The conventional alternatives such as on-premise solutions and hybrid will be phased out gradually despite better bandwidth due to their cost-intensive nature. The cloud-based software segment will dominate the global DAM market as it will bring out operation efficiency by reducing the cost of a dedicated IT department.
Market Insight of DAM can be Viewed @ http://bit.ly/2c1JYlM
In terms of geography, North America is leading the global digital assets market as the evolution of social media has in the region has become ubiquitous. The generation of tremendous amounts of content due to social media has encouraged marketers to use DAM solutions in order to reach out to a mass audience in the shortest possible time. Furthermore, as analytics are gaining a huge demand in North America, vendors are focusing towards covering DAM solutions and analytics to provide customized tools to consumers. This trend has coaxed DAM vendors to provide topnotch analytics tools, thereby stiffening the competition in the regional market.
Key Players Vying for Higher Revenues in the DAM Market
Some of the important players operating in the global DAM market are North Plains Systems Corp., OpenText Corporation, ADAM Software NV, Widen, MediaBeacon, Inc., Celum, Hewlett-Packard Company, WebDAM, Bynder, Canto, Inc., and NetXposure, Inc. These players are looking at developing DAM solutions that will help marketers understand the market dynamics and trends better with customized analytics and observations.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Transparency Market Research
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
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 (DAM) Affordable Solutions To Store, Manage, Retrieve, And Share Data here
News-ID: 359568 • Views: …
More Releases from TMR- Research Reports

Histone Methyltransferases Market by Global Industry Research 2019
Histones are the major protein constituents of eukaryotic nucleus. Histone methyltransferases catalyzes the transfer of methyl group to lysine and arginine residues of the histone protein. It catalyzes the reaction with the help of SN-2 mechanism where transfer of methyl group from S Adenosyl Methionine to amino group of target lysine takes place. There are seven histone methyltransferase includes EZ, SET1, SET2, SMYD, SUV39, SUV4-20 and RIZ. The main function…

Healthcare Mobility Solutions Market Advancements in Wireless Networks to Drive …
Focus on Reducing Healthcare Costs Drives Global Market
The constantly growing and evolving medical needs have been the driving force behind the evolution of healthcare mobility solutions. The aim of these solutions is to reduce the healthcare costs and to provide the patients an optimum solution in the least possible time. The simplicity of this objectivity has been successfully achieved by the development of healthcare mobility solutions’ products and services such…

Global District Heating and Cooling Market: Big Players Foraying into Manufactur …
To gauge the competitive dynamics in the global district heating and cooling (DHC) market, the DHC system manufacturers, project contractors, and plant operators in the supply chain will have to be factored in, states a report by Transparency Market Research (TMR). In the coming years, big plant operators and private operators are predicted to start manufacturing DHC systems, which in turn, would likely heat up the competition. Competition would also…

Condiment Sauces Market is Expected to Exhibit a positive CAGR of 3.2% from 2014 …
Condiment sauces are used in food to enhance taste, flavor or as a complimentary item in different dishes. It is used either as table dips or in cooking or as both. The condiments sauces market has experienced a diversified trends across different regions such as North America, Europe, Asia Pacific and RoW. The Global condiment sauces market is expected to witness rapid changes due to fast changing eating patterns across…
More Releases for DAM
Dam Barrier Market to Register High Growth Driven by Advancements in Top Compani …
QY Reserach's latest report 'Dam Barrier Market 2024 Report' provides a comprehensive analysis of the industry with market insights will definitely facilitate to increase the knowledge and decision-making skills of the business, thus providing an immense opportunity for growth. Finally, this will increase the return rate and strengthen the competitive advantage within. Since it's a personalised market report, the services are catered to the particular difficulty. The correct methodology and…
Hydropower Plant Market Is Booming Worldwide | Laxiwa Dam, Robert-Bourassa, Kras …
Hydropower Plant Market: The extensive research on Hydropower Plant Market, by Qurate Research is a clear representation on all the essential factors that are expected to drive the market considerably. Thorough study on Hydropower Plant Market helps the buyers of the report, customers, the stakeholders, business owners, and stockholders to understand the market in detail. The updated research report comprises key information on the market, such as market rate, estimated…
Hydropower Plant Global Market 2018: Key Players – Three Gorges Dam, Itaipu Da …
Hydropower Plant Industry
Description
Wiseguyreports.Com Adds “Hydropower Plant -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022” To Its Research Database
This report studies the global Hydropower Plant market, analyzes and research the Hydropower Plant development status and forecast in USA, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Three Gorges Dam
Itaipu Dam
Xiluodu
Guri
Tucuruí
Grand Coulee
Xiangjiaba
Longtan Dam
Sayano–Shushenskaya
Krasnoyarsk
Nuozhadu
Robert-Bourassa
Churchill Falls
Jinping-II
Bratsk
Laxiwa Dam
Xiaowan Dam
Ust Ilimskaya
Jirau
Jinping-I
Request for Sample Report @ https://www.wiseguyreports.com/sample-request/1095979-global-hydropower-plant-market-size-status-and-forecast-2021
Market…
Hydropower Plant Market 2018: Opportunity, Growth, Share, Demand, Innovation, To …
Hydropower Plant Industry 2018 Global Market research report provides a detailed analysis of market growth factors, industry share, regional trends, size and Forecast till 2025. The Hydropower Plant industry report has studied key opportunities in the international market which is beneficial for end industry.
Get Sample Copy of This Report at https://www.orianresearch.com/request-sample/156166
Development policies and plans are discussed as well as manufacturing processes and cost structures. This report also states import/export,…
Global Hydropower Plant Market Size, Status and Forecast 2021 | Three Gorges Dam …
Press Release – 27 Aug 2018
Research and Development News --
. .
Latest Update "Global Hydropower Plant Market Size, Status and Forecast 2021" with Industries Survey | Global Current Growth and Future.
' '
This report studies the global Hydropower Plant market, analyzes and research the Hydropower Plant development status and forecast in USA, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Three…
Monitoring a Dam Under Construction
Intelligent Geo Data Logger Reads Vibrating Wire Sensors
A hydroelectric dam under construction in Serbia required monitoring of several environmental and structural properties to ensure its long-term strength and stability. Therefore the dam’s construction engineers put forth a proposal for a large number of geotechnical sensors to be installed and used during construction. These sensors included vibrating wire piezometers, joint meters, fill extensometers, and strain gauges.
Each sensor needed to interface…