Global Enterprise Content Management (ECM) Market 2020: Historical Analysis, Opportunities, Latest Innovations, Top Players Forecast 2025
Market Snapshot
The global enterprise content management (ECM) market is expected to grow at a CAGR of 16.8 % during the forecast period (2018-2023) and reach a valuation of USD 76.84 Bn. Enterprise content management (ECM) enables companies to streamline the lifecycle of information that includes image files, emails, documents, and computer-aided design (CADs). The arrival of cloud and hybrid deployment models is boosting the adoption of ECM. Service providers are focusing on offering feasible and user-friendly solutions, which is expected to support the market growth in the years to come. Rising volume of unstructured data and the need for cost-effective information management solutions is creating new opportunities for market players.
Companies Covered
IBM Corporation, Microsoft Corporation, Oracle Corporation, Hyland Software Inc., M-Files Inc., Open Text Corp., Box Inc., Adobe Inc., Fajtisu Ltd., and Laserfiche. The enterprise content management market is entering its maturity phase hence
it is important for market players to make technological innovation and R&D a focus area for achieving long term sustainability. The stiff competition in the market is prompting players to improve their product and services. Many companies are engaging in partnerships and collaboration to expand their business and consolidate market position.
The report covers the development strategies adopted by the companies between 2015 to 2018.
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Market Synopsis
Market Research Future (MRFR)’s latest study has revealed that the global enterprise content management market is set to expand exponentially at 17% CAGR during the forecast period 2017 to 2023. The market is estimated to reach a valuation of USD 80 Bn by the end of 2023.
Market Segmentation:
By organization size, the enterprise content management market has been segmented into small and medium enterprise, and, large enterprise.
By vertical, the global enterprise content management market is segmented into IT & telecommunication, BFSI, retail, energy & power, government and defense, healthcare and life sciences, manufacturing, transportation & logistics, media & entertainment, tourism and hospitality, and others.
The global Enterprise Content Management Market is segmented intoBFSI, IT & telecommunication, retail, energy & power, government and defense, healthcare and life sciences, transportation & logistics, media & entertainment, manufacturing, tourism and hospitality, and others.
Regional Analysis:
Europe is an important growth pocket for the global enterprise content management market. The rapid industrialization coupled with technological advancements is projected to fuel demand in the market. The increasing demand from end-user industries is another driving factor of growth in the regional market.
Asia Pacific is estimated to exhibit a steep rise in the growth of the market. The growth is attributable to the digitization and developing IT infrastructure.
LIST OF TABLES
TABLE 1 MARKET SYNOPSIS 16
TABLE 2 LIST OF ASSUMPTIONS 19
TABLE 3 GLOBAL ENTERPRISE CONTENT MANAGEMENT (ECM) MARKET, BY SOLUTION, 2018–2023 (USD BILLION) 37
TABLE 4 GLOBAL ENTERPRISE CONTENT MANAGEMENT (ECM) MARKET, BY SERVICE, 2018–2023 (USD BILLION) 41
TABLE 5 GLOBAL ENTERPRISE CONTENT MANAGEMENT (ECM) MARKET, BY DEPLOYMENT, 2018–2023 (USD BILLION) 44
Continued…….
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LIST OF FIGURES
FIGURE 1 GLOBAL ENTERPRISE CONTENT MANAGEMENT (ECM) MARKET: MARKET STRUCTURE 19
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH 24
FIGURE 3 DCO ANALYSIS OF GLOBAL ENTERPRISE CONTENT MANAGEMENT (ECM) MARKET 27
FIGURE 4 VALUE CHAIN: ENTERPRISE CONTENT MANAGEMENT (ECM) MARKET 31
FIGURE 5 PORTER'S FIVE FORCES ANALYSIS OF GLOBAL ENTERPRISE CONTENT MANAGEMENT (ECM) MARKET 33
Continued…….
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