Enterprise Content Management Market Latest Industry Size, Growth, Share, Demand, Trends, Competitive Landscape and Forecasts to 2026
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Jan 15, 2021 (The Expresswire) —
Technology is changing at a faster rate and enterprise content management software is at the forefront of shaping content management effectively. As per a report by Fortune Business Insights, the overall enterprise content management market is expected to grow from USD 15.33 Billion in 2018 to USD 43.16 Billion by 2026 at a CAGR of 14% during the forecast period. An enterprise content management (ECM) solution can help organizations to efficiently manage unstructured data related to different projects.
To Gain More Insights into the Enterprise Content Management Market Analysis, Browse Summary of the Research Report –https://www.fortunebusinessinsights.com/industry-reports/enterprise-content-management-ecm-market-101660
Fortune Business Insights in a report, titled “Enterprise Content Management (ECM) Market Size, Share and Industry Analysis Regional Forecast, 2019-2026” studies growth opportunities and threats prevalent in the market. As per the report, the global market is likely to report a remarkable CAGR of 14.0% between 2018 and 2026. The report offers insights into the global market and a detailed analysis of market growth and the size of all the segments. Along with this, the report offers an in-depth analysis of the competitive landscape and market dynamics.
An Overview of the Impact of COVID-19 on this Market:
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The report on the enterprise content management market contains:
- Future insights into the market
- In-depth study of the regions
- Product and brand strategies
- Factors enabling market growth
- Competitive landscape
- COVID-19 impact
“Around 60% of the Share Covered by Key Players Such as IBM, Xerox and Others”
The report profiles some of the leading players in the global enterprise content management market. These include:
- Xerox Corporation
- IBM Corporation
- Microsoft Corporation
- OpenText Corporation
- Epicor Software Corp.
- Adobe Inc.
- Hyland Software, Inc.
- Fabasoft
- Laserfiche
- Datamatics Global Services Limited
Request a Sample Copy for more detailed Enterprise Content Management Market Overview –https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/enterprise-content-management-ecm-market-101660
Key players such as IBM, Xerox, Hyland, OpenText, and Fabasoft account for nearly two-third of the share in the global ECM market. These players headquartered in North America aim to heavily invest in IT infrastructure and eventually strengthen their market position. For instance, OpenText recently upgraded its enterprise content management technology in July 2019. Noe, the company will be able to collect information via the cloud securely.
The report answers the following questions:
- What are the recent enterprise content management market trends and developments?
- How will the market be affected by changing consumer behavior?
- Which strategies are being adopted by key players to enhance their market footprint?
- Which region will remain in the dominant position in terms of revenue?
- How many niche segments are present in the market?
“Market Segmentation as Per Solution, Deployment, Enterprise Size, Industry Vertical, and Region”
- Cloud-based ECM Software to Exhibit Considerable Growth
As per deployment, the adoption of cloud-based enterprise content management software is expected to increase during the forecast years. This is primarily owing to the low-cost and less maintenance associated with cloud deployment. Furthermore, initiatives such as bring your own devices (BYOD) worldwide are likely to stoke demand for this cloud deployment. This, in turn, is expected to spur the enterprise content management market size. The demand for ECM software is likely to more in large enterprises as these companies generate large amounts of data, which can be only handled with this software.
- Adoption of ECM to Increase in BFSI, Presently at 18.4%
Industry verticals such as government, healthcare, and BFSI are likely to exhibit the highest rate of adoption of enterprise content management system in the forecast years. Of these, BFSI accounted for a share of 18.4% in 2018. The data captured in these industries can be used for historical purposes and is highly crucial, augmenting demand for enterprise content management software. Other industries such as retail, consumer goods, telecom, and others are expected to invest in enterprise content management technology.
- Exhibiting USD 5.90 Bn, North America Regional Market to Hold the Largest Share Owing to BFSI’s and Government’s High Contribution
The market in Asia Pacific is expected to be the fastest-growing following the rising adoption of ECM software from China, Japan, and India. In 2018, the market in North America was worth USD 5.90 Billion and is likely to cover the maximum share in the global market. High contributions from industries such as government and BFSI is responsible for the strong growth in the North America regional market.
Speak to our Analyst for any Queries about Enterprise Content Management Market Research Report –https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/enterprise-content-management-ecm-market-101660
Major Table of Contents:
-
Introduction
- Definition, By Segment
- Research Approach
- Sources
- Executive Summary
-
Market Dynamics
- Drivers, Restraints and Opportunities
- Emerging Trends
-
Key Insights
- Macro and Micro Economic Indicators
- Consolidated SWOT Analysis of Key Players
- Porter’s Five Forces Analysis
-
Global Enterprise Content Management (ECM) Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
-
Market Size Estimates and Forecasts
-
By Solution (Value)
- Content Workflow
- Document Management
- Imaging and Capturing
- Web Content Management
- Record Management
- Digital Asset Management
- Mobile Content Management
- Case Management
- By Deployment (Value)
- By Enterprise Size (Value)
-
By Industry Vertical (Value)
- BFSI
- Government
- IT and Telecom
- Consumer Goods and Retail
- Healthcare and Life Sciences
- Transportation and Logistics
- Others (Manufacturing, Energy and Utilities, etc.)
-
By Geography (Value)
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
-
By Solution (Value)
-
North America Enterprise Content Management (ECM) Market Analysis, Insights and Forecast, 2015-2026
- Key Findings / Summary
- Market Size Estimates and Forecasts
TOC Continued…….!
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About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.
Contact:
Name: Ashwin Arora
Email:[email protected]
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
Press Release Distributed by The Express Wire
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