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Web Content Management Global Market At a 19.2% CAGR Projected Expansion to $26.14 Billion Market Value by 2028 | HubSpot Inc., RWS Holdings PLC, Acquia Inc., Webflow Inc., DrupalCon Inc.
"The new report published by The Business Research Company, titled ""Web Content Management Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the web content management market size has grown rapidly in recent years. It will grow from $10.95 billion in 2023 to $12.94 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The web content management market size is expected to see rapid growth in the next few years. It will grow to $26.14 billion in 2028 at a compound annual growth rate (CAGR) of 19.2%.
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Proliferation Of Web Services Fuels Web Content Management Market Growth
The increase in the proliferation of web services is expected to propel the growth of the web content management market going forward. Web services are a collection of standards and protocols that are used to exchange data between systems or applications. Web content management becomes an important part of any organization with the increasing significance of web presence as a result of an increasing volume of content continuing to proliferate. For instance, in 2021, according to a report shared by W3Techs, an Austria-based information provider about the usage of various types of technologies on the web, WordPress, a free and open-source content management system written in PHP developed by WordPress Foundation, is contributing to 39.5% of all websites in 2021 compared to 35% of sites in 2020, that means WordPress is used by two out of every five websites. Also, WordPress usage has grown by 12% annually on average, reaching 43.2% in 2022. Therefore, the increasing proliferation of web services is driving the growth of the web content management market.
Technological Advancements Drive Innovation In Web Content Management
Technological advancements are emerged as a key trend gaining popularity in the web content management market. Major companies operating in the web content management market are focused on developing new and innovative technologies to sustain their position in the market. For instance, in August 2021, OpenText Corporation, a Canada-based software company, launched a new content services platform called OpenText Core Content as part of OpenText Cloud Editions (CE) 21.2. This platform is engineered to facilitate modern cloud-based work, allowing organizations to securely capture, collaborate on, integrate, and oversee content and business operations. It represents an advanced SaaS content services platform that merges content management capabilities with seamless integration into critical business process applications, such as web content management systems such as Salesforce, Microsoft 365, and OpenText Core Case Management .
The web content management market covered in this report is segmented -
1) By Component: Solutions, Service
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMES)
3) By Deployment Mode: On-Premises, Cloud
4) By Vertical: BFSI, IT And Telecom, Retail And Ecommerce, Healthcare And Life Sciences, Government, Travel And Hospitality, Media And Entertainment, Other Applications
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Major companies operating in the web content management market report are OpenText Corporation, International Business Machines Corporation, Adobe Systems Incorporated, Sitecore Corporation A/S, Episerver Inc., Oracle Corporation, Microsoft Corporation, Acquia Inc., Espirit Technologies Private Limited, Rackspace Hosting Inc., HubSpot Inc., RWS Holdings plc, Progress Software Corporation, Crownpeak Technology Inc., Hyland Software Inc., Sanity AS, Umbraco A/S, Duda Inc., Webflow Inc., DrupalCon Inc., Joomla, Wix.com Ltd., Squarespace Inc., Weebly Inc., Shopify Inc., Adobe Commerce, BigCommerce Holdings Inc., PrestaShop SA, OpenCart Ltd., WooCommerce, Kentico Software LLC, Contentstack Inc., Magnolia International Ltd., Bloomreach Inc., Hippo B.V., eZ Systems AS, Liferay Inc., Jahia Solutions Group S.A., dotCMS Inc., CoreMedia AG, SDL Tridion Ltd.
Contents of the report:
1. Executive Summary
2. Web Content Management Market Report Structure
3. Web Content Management Market Trends And Strategies
4. Web Content Management Market - Macro Economic Scenario
5. Web Content Management Market Size And Growth
…..
27. Web 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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