openPR Logo
Press release

Digital Asset Management Market - Online Market Becomes the Backbone

01-31-2017 10:48 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Digital Asset Management Market - Online Market Becomes

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.

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.

Request A Sample Of This Report –
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10778

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.

About TMR

TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend 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.

Contact TMR

90 State 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 Market - Online Market Becomes the Backbone here

News-ID: 425712 • Views:

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2024
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1.07 Billion by 2024
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million by 2024
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 5 Releases


More Releases for DAM

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,
Dam Monitoring During 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 guarantee 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 gages. Each sensor needed to interface with
Hydropower Plant Global Market 2017: 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
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