BANGALORE, India | 6th January 2021: The Enterprise Content Management Market is segmented by Types – Records, Images, Web Pages, By Applications – Communication, Retails, Transportation, by Regions & Key players Regional Growth: Global Opportunity Analysis and Industry Forecast, 2021–2026. This report is published on Valuates Reports in the Internet Software Category.
The global Enterprise Content Management (ECM) Market size is projected to reach USD 84740 Million by 2026, from USD 40440 Million in 2020, at a CAGR of 13.1% during 2021-2026.
Major factors driving the growth of Enterprise Content Management Market size are increased need of companies to organize, categorize, and structure all of the content in a meaningful, easily explorable manner and rising demand of companies to deliver personalized content to the right audience through the right channels.
The report offers a comprehensive Enterprise Content Management Market forecast and accurate statistics on revenue by the player for the period 2021-2026. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by players for the period 2021-2026.
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TRENDS INFLUENCING THE MARKET SIZE
Increased demand for optimizing business processes boosting the adoption of enterprise content management market size. Content is generated exponentially in businesses, and this huge volume of data creates challenges for companies to gather the required information they need. This, in turn, hinders the productivity of employees and the project. For the management of content generated via the internet, social media, records are of great importance to businesses for the execution of sound business processes.
Enterprises are investing heavily in collecting reliable market research data, analyzing customer behavior, or analyzing competing strategies. With the implementation of an enterprise content management solution, the data will be standardized, and the data quality, precision, along with a single view opinion, will be high. All of these things would give companies a strong picture of the nature of the market. This feature of ECM is expected to drive the enterprise content management market size.
The arrival of cloud and hybrid deployment models is fuelling the growth of enterprise content management market size. Advances in cloud and analytics technologies, as well as the continued integration of social collaboration tools, have broadened the outlook for what ECM solutions can do. The sheer amount of content that is being generated and stored can be astounding; over time, advances in cloud and analytics technology will drive the need for improved usability and mobility among end-users.
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ENTERPRISE CONTENT MANAGEMENT (ECM) MARKET SHARE ANALYSIS
North America is expected to hold the largest Enterprise Content Management market share during the forecast period. This dominance of North America is attributed to the increased investments in Research and Development (R&D) activities. In addition, North America has been extremely receptive to the introduction of the latest technological developments, such as cloud and mobile technology integration with ECM solutions. Growing internet use has increased the generation of digital documents, and North America is at the forefront in deploying ECM mobile apps that are efficient in digital document transfer and collaboration between geographically diverse locations.
Latin America’s Enterprise Content Management market is expected to witness rapid growth during the forecast period as enterprises in this region are shifting towards cloud deployment.
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KEY SEGMENT BY TYPE
- Records
- Images
- Web Pages.
KEY SEGMENT BY APPLICATION
- Communication
- Retail
- Transportation.
KEY SEGMENT BY REGIONS
North America
- United States
- Canada
Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
KEY SEGMENT BY PLAYERS
- Communication
- Retail
- Transportation
- International Business Machines
- Hewlett Packard
- M-Files
- Microsoft
- Newgen Software
- OpenText
- Oracle
- Xerox
- Alfresco Software
- Hyland Software.
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– The global Enterprise Video market size is projected to reach USD 12140 million by 2026, from USD 5561.7 million in 2020, at a CAGR of 13.9% during 2021-2026. The report is segmented by type – Enterprise Video Platform, Enterprise Video Conferencing Endpoint, By Application – Corporate, Government, Education, Media & Entertainment, Other, Key Players & Regions.
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