
Enterprise Content Management Market:
WiseGuyReports.com adds “Global Enterprise Content Management Market Research Report 2020 Analysis and Forecast 2027” reports to its database.
Executive Summary
Global Enterprise Content Management Market is valued approximately USD 36.2 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.8 % over the forecast period 2020-2027. Enterprise content management helps enterprise to manage and organize semi-structured and unstructured information. Enterprise content management manages financial records, emails & web pages, word documents, images, surveys, product information and others. Enterprise content management’s software tracks, stores, edits and collaborates content creation and other information useful for the organization. The global Enterprise Content Management is being highly demanded due to the coronavirus pandemic as employees are asked to work from home and organizations are temporary shutdown. So various companies are adapting enterprise content management for operating their business efficiently. The demand to strengthen corporate information governance practices to make improvements in compliance and audit management, growing amount of data and investment in big data analytics by companies to make better business decisions and rising demand to improve archived content across channels by keeping crucial content protected encourages the growth of the global Enterprise Content Management Market. Furthermore, increase in advancements and strategic initiatives taken by market key players will create a lucrative demand for this market. For instance: on 30th November 2017, U.S. based Box Inc. expanded its partnership with Microsoft to offer Box Using Azure. Box Using Azure combines Box's cloud content management platform with Microsoft's global-scale Azure cloud platform. However, impact of stringent government rules and regulations is the major factor restraining the growth of global Enterprise Content Management market during the forecast period.
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The regional analysis of global Enterprise Content Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the growing adoption advanced technologies has lead the growth of the market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
IBM corporation
Oracle Corporation
Box Inc.
Microsoft Corporation
SAP SE
Opentext
Xerox
Atlassian
Newgen Software
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Solutions
Services
Deployment Mode:
On-Premises
Cloud
By Organization Size:
Large Enterprises
Small and Medium-Sized Enterprises
By Business Function:
Sales and Marketing
Accounting and Legal
Human Resource Operations
Procurement and Supply Chain Management
By Vertical:
Banking, Financial Services, and Insurance
Government
Manufacturing
Healthcare and Life Sciences
Telecom And IT
Media and Entertainment
Retail and Ecommerce
Transportation and Logistics
Others
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Enterprise Content Management Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Continuous…
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NOTE : Our team is studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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