Press release
Global Digital Asset Management Market Projected to Surpass $14.78 Billion by 2029 with 19% Annual Growth
Digital Asset Management
Expectations are high that the increasing requirement for flexible and remote work will stimulate the digital asset management market's expansion. Unlike conventional office setups, flexible and remote work allows employees to choose their work schedule and locale. This trend is fueled by ongoing technological improvements such as high-speed internet, cloud computing, and collaboration tools that have made remote work possible and effective. Moreover, organizations are starting to recognize the value of work-life balance, leading them to implement flexible work practices. Through the use of Digital Asset Management (DAM) systems, remote operation can be advanced as it provides consolidated access to digital assets. This promotes smooth collaboration, secure distribution, and effective workflow management, ensuring team projects and brand uniformity are effectively supervised from any location. Moreover, in February 2022, AT&T Inc., a US-based telecommunications corporation, projected that the percentage of businesses transitioning to a hybrid work model, in which employees alternate between working remotely and in the office, will rise dramatically from 42% in 2021 to 81% by 2024. Thus, the escalating demand for remote and flexible work will undoubtedly propel the expansion of the digital asset management market.
Get Your Digital Asset Management Market Report Here:
https://www.thebusinessresearchcompany.com/report/digital-asset-management-global-market-report
What Is the projected market size and growth rate for the digital asset management market?
The market size of digital asset management has expanded considerably in the past few years. The market is expected to swell from $6.46 billion in 2024 to $7.38 billion in 2025, showcasing a compound annual growth rate (CAGR) of 14.2%. Factors such as the need for content production and distribution, maintaining brand identity and consistency, regulatory compliance necessities, and the surge in visual content have significantly contributed to the historical period development.
Expectations are high for an accelerated growth rate in the digital asset management market in the coming years. An anticipated compound annual growth rate (CAGR) of 19.0% is set to increase the market size to $14.78 billion by 2029. This growth trajectory during the forecast period is likely due to an increase in demand for video and rich media management, along with personalized and dynamic content delivery, all in focus of user experience (UX) design. Key trends during this trajectory include the automation of workflow orchestration, facial and object recognition for asset management, real-time analytics and reporting, features of compliance and governance, as well as improvements to mobile accessibility and collaboration.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=5278&type=smp
What new trends are reshaping the digital asset management market and its opportunities?
Key players in the realm of digital asset management are seizing new opportunities to raise their market profitability by launching advanced next-generation platforms. The cutting-edge next-generation digital asset management (DAM) platform refers to an innovative tool developed for the effective organization, storage, retrieval, and distribution of digital assets within a corporation. For instance, in August 2023, Blueprint, a renowned digital asset management solutions provider from the UK, introduced a progressive DAM platform purposed to centralize data, insights, and resources. It empowers investors, creators, and service providers to proficiently control, manage, and improve their portfolios. The platform's objective is to make digital asset portfolio management less complicated by tackling fragmentation in the industry and simplifying the intricate staking procedure for users. Presently, the platform supports 10 blockchain networks and runs on exclusive nodes at no expense to the users. Blueprint is devising a comprehensive blockchain platform that brings together Layer 1 for both fungible and non-fungible assets, collecting data from different sources. Emphasis is put on making staking easier through detailed guidelines and offering extensive support for staked assets, even giving users the chance to see historical overviews by going back in time.
What major market segments define the scope and growth of the digital asset management market?
The digital asset management market covered in this report is segmented -
1) By Type: Solution, Services
2) By Deployment Type: On-Premises, Cloud
3) By Enterprise Size: Large Enterprises, Small And Medium-sized Enterprises (SMEs)
4) By Application: Sales, marketing, IT, Photography, Graphics And Designing, Other Applications
5) By End User: Media And Entertainment, BFSI, Retail, Healthcare, Automotive And Manufacturing, Other End Users
Subsegments:
1) By Solution: Cloud-Based Solutions, On-Premises Solutions, Mobile Applications, Digital Rights Management (DRM) Solutions
2) By Services: Implementation Services, Consulting Services, Support And Maintenance Services, Training Services
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=5278
Which region dominates the digital asset management market?
North America was the largest region in the digital asset management market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital asset management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Which key market leaders are driving the digital asset management industry growth?
Major companies operating in the digital asset management market include IBM Corporation, Oracle Corporation, Adobe Inc., OpenText Corporation, Bynder B.V., Sitecore Corporation A/S, Aprimo LLC, Cloudinary Ltd., Censhare AG, CELUM GmbH, WoodWing Software BV, Brandfolder Inc., Wedia SA, Widen Enterprises Inc., MarcomCentral, Canto Inc., BrandMaker GmbH, MediaValet Inc., Nuxeo Corporation, Digizuite A/S, Bright Interactive Holdings Ltd., IntelligenceBank Pty. Ltd., North Plains Systems lnc., MediaBeacon Inc., Webdam Inc., Filecamp ApS, Picturepark AG, Daminion Software, Image Relay Inc., MerlinOne Inc., Pimcore GmbH, Third Light Ltd.
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/customise?id=5278&type=smp
What Is Covered In The Digital Asset Management Global Market Report?
•Market Size Forecast: Examine the digital asset management market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the digital asset management market for a structured understanding.
•Key Players Overview: Analyze major players in the digital asset management market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the digital asset management market.
•Segment Contributions: Evaluate how different segments drive overall growth in the digital asset management market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the digital asset management market.
•Industry Challenges: Identify potential risks and obstacles affecting the digital asset management market.
•Competitive Landscape: Review strategic developments in the digital asset management market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
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 Global Digital Asset Management Market Projected to Surpass $14.78 Billion by 2029 with 19% Annual Growth here
News-ID: 3908389 • Views: …
More Releases from The Business Research Company
Analysis of Key Market Segments Influencing the Extraterrestrial Legal Systems M …
Exploring the Future of Extraterrestrial Legal Systems
As humanity advances its presence beyond Earth, the need for specialized legal frameworks governing activities in outer space is becoming increasingly critical. The extraterrestrial legal systems market is set to expand rapidly, driven by the complexities of managing property rights, regulatory compliance, and dispute resolution in off-world environments. Let's delve into the anticipated market value, key players, significant trends, and the main segments shaping…
Emerging Growth Trends Driving Expansion in the Explosion Proof Cabins Market
The explosion proof cabins market is set to experience significant growth over the coming years, driven by increasing industrial safety demands and technological advancements. This market's evolution is shaped by emerging materials, innovative designs, and expanding applications, which all contribute to the rising adoption of explosion-resistant cabins in hazardous environments.
Forecast of the Explosion Proof Cabins Market Size by 2030
The explosion proof cabins market is projected to reach a value of…
Market Structure, Emerging Trends, and Key Player Analysis of the Electronic Pay …
The electronic payload fairing separation system market is poised for impressive expansion as innovations and technological advancements continue to reshape space launch operations. This report delves into the anticipated market size, key players, emerging trends, and segment classifications, offering a comprehensive overview of this specialized aerospace sector.
Projected Market Size and Growth Trajectory for Electronic Payload Fairing Separation Systems
The market for electronic payload fairing separation systems is forecasted to achieve substantial…
Leading Companies Fueling Growth and Innovation in the Dual Mode Microwave Seeke …
The dual mode microwave seeker market is positioned for significant expansion over the coming years, driven by a range of technological advancements and increasing defense requirements. This segment plays a crucial role in modern warfare and missile guidance, with innovation and integration shaping its future trajectory. Let's explore the current market size, key drivers, major players, and segmentation of this specialized industry.
Projected Market Growth for the Dual Mode Microwave Seeker…
More Releases for Digital
Digital luxury brands Market Is Booming Worldwide | Major Giants Balenciaga Digi …
HTF MI recently introduced Global Digital luxury brands Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2025-2033). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.
Major companies in Digital luxury brands Market are:
Balenciaga Digital, Louis Vuitton Digital, Gucci Digital, Dolce & Gabbana DGFamily, Prada Virtual,…
Introducing Digital Sales Pro, Inc: Revolutionizing Digital Sales in the Digital …
Digital Sales Pro, Inc. is a company that helps content creators and publishers make money from content and reach a larger audience with their craft.
In today's world, it can be tough for content creators and publishers to make money and connect with their audience.
At, Digital Sales Pro, Inc. we understand these challenges and have created a suite of solutions that help our clients build a strong online presence, monetize…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
Introduction
The healthcare industry has seen significant growth and development over the years, with technology playing a critical role in transforming patient care. One such innovative technology that has emerged in recent years is the Global Digital Twin in Healthcare Market. This technology allows healthcare professionals to create a virtual replica of a patient's physical self, enabling them to monitor and analyze patient data in real-time. The Global Digital Twin in…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
In 2021, the market for Digital Twin in Healthcare worldwide was worth $6.75 billion US dollars. AMR Group projects that the market will reach US$ 96.5 billion by 2031, growing at a CAGR of 40 percent between 2022 and 2031.
Industry Overview
Digital twins are virtual copies of physical objects or things that data scientist & IT professionals can use to compute simulations prior to developing and deploying the original devices. 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 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 -…
