Enterprise Content Management System Market Size to Hit $53.2 Billion by 2030 - Strategic Analysis and Future Scenarios

Rise in need for digital content due to the proliferation of online marketing & online customer and content development of the e-commerce industry have boosted the growth of the global enterprise content management system market. However, high initial costs of implementation and dearth of awareness to implement the right solution for the specific needs among SMEs hinder the market growth. On the contrary, surge in adoption of cloud-based enterprise content management systems would open new opportunities in the future.

The global enterprise content management system industry was pegged at $21.5 billion in 2020, and is expected to reach $53.2 billion by 2030, growing at a CAGR of 9.8% from 2021 to 2030.

Access full report summary at: https://www.alliedmarketresearch.com/enterprise-content-management-system-market

By region, the market across North America held the largest share in 2020, accounting for more than one-third of the global enterprise content management system market. This is due to focus on availing advanced industry-specific content management solution and services to sustain the competitive environment. However, the market across Asia-Pacific is expected to register the highest CAGR of 12.9% during the forecast period, owing to increase in expansion of business across the region.

By solution, the mobile content management segment is estimated to portray the highest CAGR of 14.9% during the forecast period, as it lets user to access information anytime, anywhere through mobile handsets to facilitate the uninterrupted business workflow. However, the web content management segment held the largest share in 2020, accounting for nearly one-fourth of the global enterprise content management system industry, owing to high growth rate associated with industries among developing nations to incorporate high security to understand threats and mitigate vulnerabilities.

Request Sample Report: https://www.alliedmarketresearch.com/request-sample/3382

By deployment mode, the on-premise segment held the largest share in 2020, contributing to more than half of the global enterprise content management system market, owing to rise in need to secure critical data from unauthorized access and monitor the influx of data within the organization. However, the cloud segment is projected to manifest the highest CAGR of 12.5% during the forecast period, owing to the transfer of increase in amount of confidential data.

Enquiry Before Buying: https://www.alliedmarketresearch.com/purchase-enquiry/3382

The key players profiled in the enterprise content management system market analysis are Adobe, Capgemini, Fabasoft, Hyland Software, Inc., Lexmark International, Inc., Microsoft Corporation, M-Files, Inc., Oracle, Open Text Corporation, and XEROX Corporation.

Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com

About us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.