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Global Digital Asset Management Market will exhibit an excellent CAGR of 15.6% from 2017 to 2025 - Industry Analysis, Size, Share, Growth, Trends and Forecast
Global Data Asset Management Market: Overview
Digital asset management helps in storing and managing important data for future reference and access. The market for digital asset management is expected to witness strong growth during the forecast period owing to the increasing application in marketing and sales. Furthermore, the use of DAM for video management solutions is also set the drive the demand for the market.
There are several factors aiding the demand for digital asset management market. The global emergence of rise in labor wages is resulting into the need for process automation in order to increase the efficiency at workplace. The use of DAM reduces expenses by eliminating the time needed for searchingthe files, posting files to desired locations,re-creating missing files, and delivering them via FTP, discs, or drives. Furthermore, it improves the revenue by creating and delivering assets and campaigns for more devices and platforms. In addition, it improves the collation at work by distributing teams which work together towards a desired goal.
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Going further, the case of increasing labor wages has led to the need for automation in manufacturing industries. Moreover, the use of automation not only reduces the need for human labor but also increases the efficiency of operation and reduces the chances of human error. Furthermore, processing industries such as chemical processing, pulp and paper, oil refineries are gradually shifting towards automation to sustain in the competitive environment. The increase demand for process automation is directly driving the need for digital asset management as it is used for storing, organizing and retrieving rich media and managing digital rights and permissions which are essential in any automation process.
The changing global scenario portrays the increased demand for digital marketing solutions and applications in different organization for various purposes such as asset analytics and other lifecycle and rights management. Moreover, the enterprises have started focusing on the high value of data which needs to be stored securely. In addition, it is difficult to manage and maintain complex data sets manually. The use of DAM helps the IT department in organizing the data and securing it from unwanted access. This factor is further driving the demand for DAM globally.
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Table of Content
Section 01 Preface
1.1 Report Scope & Market Segmentation
1.2 Research Highlights
Section 02 Research Methodology
Section 03 Executive Summary – Digital Asset Management Market
Section 04 Market Overview
4.1 Market Introduction
4.2 Market Trends
4.3 Market Dynamics
4.3.1 Drivers and Restraints: Snapshot Analysis
4.3.2 Drivers Emerging trend of shifting from on premises to cloud based solutions Increased awareness towards data integrity
4.3.3 Restraints High cost of cloud based software Concern over data security & safety
4.3.4 Opportunities Increasing application in media, retail and entertainment industries
4.4 Market Attractiveness Analysis by solutions, 2016
4.5 Market Share of Key Players, 2016
Section 05 Global Digital Asset Management Market Analysis : By solutions
5.1 Global Digital Asset Management Market, By Solutions: Definitions
5.2 Global Digital Asset Management Market, by Solutions: Key Trends
5.3 Global Digital Asset Management Market, by Solutions, 2016 Vs 2025
5.4 Global Digital Asset Management Market Forecast By Solutions
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