The Global Enterprise Content Management Market accounted for US$ 12.94 Bn in 2018 and is expected to grow at a CAGR of 10.8% over the forecast period 2019- 2027, to account for US$ 32.30 Bn by 2027.
The Global Enterprise Content Management Market is expected to draw significant growth in the coming years, majorly due to the growing demand for enterprise content management solutions across enterprises for operational efficiency. Furthermore, the enterprise content management market is expected to grow, owing to the advanced features offered by enterprise content management solutions providers.
Presently, the on-premises ECM solutions segment holds the majority share in the global enterprise content management market; however, the increasing adoption of cloud-based ECM solutions is expected to be the future trend for enterprise content management market worldwide. Some of the major reasons for the rising adoption of cloud-based ECM solutions are a low initial investment, sophisticated cloud & hosting models, and advanced features. With investment in cloud-based solutions, enterprises are anticipated to reduce their operational costs and decrease human errors. Small and medium-sized enterprise does not find it feasible to invest in on-premise ECM solutions, and hence the demand for cloud-based ECM solutions is expected to grow at a fast pace in the coming few years, especially among SMEs in developing regions.
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Leading Players in the Enterprise Content Management Market: Alfresco software, DELL EMC, Hyland software, IBM Corporation, M-Files Corporation, Microsoft Corporation, Newgen software technologies Ltd, Open Text Corporation, Oracle Corporation, Xerox Corporation
The Global Enterprise Content Management Market report draws precise insights by examining the latest and prospective industry trends and helping readers recognize the products and services that are boosting revenue growth and profitability. The study performs a detailed analysis of all the significant factors, including drivers, constraints, threats, challenges, prospects, and industry-specific trends, impacting the market on a global and regional scale. Additionally, the report cites worldwide market scenario along with competitive landscape of leading participants.
The Enterprise Content Management Industry is extremely competitive and consolidated because of the existence of several established companies that are adopting different marketing strategies to increase their market share. The vendors engaged in the sector are outlined based on their geographic reach, financial performance, strategic moves, and product portfolio. The vendors are gradually widening their strategic moves, along with customer interaction.
Enterprise Content Management Market Segmented by Region/Country: US, Europe, China, Japan, Middle East & Africa, India, Central & South America
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Points Covered in the Report:
1. The pivotal aspects considered in the Global Enterprise Content Management Market report consist of leading competitors functioning in the global market.
2. The report encompasses company profiles prominently positioned in the global market.
3. The sales, corporate strategies, and technological capabilities of leading manufacturers are also mentioned in the report.
4. The driving factors for the growth of the Global Enterprise Content Management Market are explained exhaustively, along with an in-depth account of the end users in the industry.
5. The report also explains critical application areas of the global market to readers/users.
6. The report undertakes a SWOT analysis of the market. In the final section, the report features the opinions and views of industry experts and professionals. The experts also evaluate the export/import policies that might propel the growth of the Global Enterprise Content Management Market.
7. The report on the Global Enterprise Content Management Market delivers valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Reasons for Buying Enterprise Content Management Market Report:
o The report performs an analysis of the dynamic competitive landscape that can help the reader/client move ahead in the global market.
o It also presents an in-depth view of different factors driving or restraining the growth of the global market.
o The Global Enterprise Content Management Market report provides a five-year forecast derived on the basis of the potential growth of the market.
o It helps formulate profitable business decisions by offering thorough insights into the global market and by creating a comprehensive analysis of pivotal market segments and subsegments.
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