Cloud Enterprise Content Management Market Size and Forecast 2025 - Current Trends, Opportunities, Challenges

The report "Cloud Enterprise Content Management Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2017 – 2025 ", has been prepared based on an in-depth market analysis with inputs from industry experts.

The main objective of this report is to define, describe, and forecast the global “Cloud Enterprise Content Management” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Enterprises are generating large amount of data related to business operations. Such big data needs to be managed and regulated. Enterprise content management refers to the formal way of consolidating documents of any organization and other contents related to the workflow or business processes of that particular organization. It comprises of all the strategies and methods encompassed throughout the business operations. This includes web content management and digital asset management. If this process is based on cloud then it is referred to as cloud ECM. The sensitive information generated is an integral part of any business, so it is necessary to have a strong content management systems or solutions which would help and regulate the required workflow. There is a rapid increase in digital content across the organizations along with that, the data is easily accessible from any part of the globe. ECM simplifies the whole process of storing and managing the data. The concept of storage as a service (SaaS) is being explored widely which allows organizations to store data on cloud rather having to buy any physical storage. There has been an evident increase in the volume of documents which are generated in any enterprise, and the increase is significant on daily basis and hence it is required that the data to be properly stored and managed.

The increased adoption of cloud computing is adding substantial pace to the growth of cloud ECM market. There is an increasing trend of enterprise mobility as enterprises need to manage the data for their offices located globally. There is increase in critical business content or information, where security is an important measure. The security can be managed through cloud ECM, as it becomes extremely easy to monitor who is accessing data and from where it is being accessed. Additionally, there is a workload balance and a unified view of storage. Thus factors such as reduction in operational expenditure and increased awareness about the benefits of cloud ECM solutions are expected to drive the market during the forecast period.

There can be some technical outages, suspending the whole process for some time such as internet breakdown or power outages. Also, there exists bandwidth limitation implying the migration of data in a given time frame is limited. There can be some incompatibilities with the storage of data. All such factors are expected to restrain the market growth during the forecast period.

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Market for cloud ECM can be segmented on the basis of solution, deployment model, organization size, industry vertical and geography. On the basis of deployment model, the market can be segmented into case management, workflow management, document management, content management, record management, digital asset management and others. On the basis of deployment model, the market can be segmented into public cloud, private cloud and hybrid cloud. On the basis of organization size, the market can be segmented into small and medium size enterprises and large size enterprises. On the basis of industry verticals, the market can be segmented into banking, financial services, and insurance (BFSI), education, utilities, government and public sector, healthcare, manufacturing, media and entertainment, retail and consumer goods, IT & telecommunication and others. On the basis of services, the market can be segmented into managed services and professional services. On the basis of geography, the market is segmented into North America, South America, Europe, Middle East & Africa and Asia Pacific.

Key players for cloud enterprise content management market are Alfresco Software, Inc., ASG Technologies, Box, Inc., Docuware GmbH, Epicor Software Corporation, Everteam, Fabsoft Software, Inc. Hewlett Packard Enterprise, Hyland Software, Inc., IBM Corporation, Laserfiche, Lexmark International, Inc. , MaxxVault LLC, M-Ffiles Corporation, Microsoft Corporation, Micro Strategies Inc., Newgen Software Inc., Nuxeo , Objective Corporation, OpenTtext Corporation, Oracle Corporation, SER Ggroup Holding International GmbH and Xerox Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

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The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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