The global Content Services Platforms Market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.8% during the forecast period, to reach USD 101.6 billion by 2027 from USD 48.9 billion in 2022, according to new research report by MarketsandMarkets™
Growing demands for better customer experience, as well as rising utilization of SMAC technology solutions among the users, demand for delivering contextualized user experience, and a rise in digital content across enterprises, are among the major factors boosting the growth of the content services platform market.
Download PDF Sample: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=334475
As per verticals, the Healthcare and Life Sciences segment to grow at highest CAGR during the forecast period
The content services platform market is segmented on verticals into BFSI, government & public sector, healthcare & life sciences, telecommunications, IT & ITeS, manufacturing, energy & utilities, retail & consumer goods, media & entertainment, and other verticals (hospitality, education, and transportation & logistics). As per verticals, the healthcare and life sciences vertical is expected to grow at the highest CAGR during the forecast period. The healthcare and life sciences vertical faces a lot of difficulties to store, organize, and use all of their data in a standardized manner as organizations grow more data-driven and enter the digital market. It can be managed using a single Healthcare Content Services (HCS) platform that can pull together diverse, unorganized information sources from across an enterprise, as well as corporate imagery information. The requirement for a new generation of HCS is being driven by a need to safely acquire, examine, and incorporate patient and member information into core business platforms.
Cloud Segment to grow at the highest CAGR during the forecast period
As per deployment mode, Cloud Segment to grow at the highest CAGR for the content services platform market during the forecast period. The content services platform market by deployment mode is segmented into cloud and on-premises. Large enterprises invest in on-premises deployment mode. As on-premises require high costs for infrastructure and installation of solutions, only firms with good capital can deploy this model. The reason for large enterprises deploying this model is due to security concerns when compared to cloud solutions. Cloud-based solutions are cost-effective and can be accessed from anywhere at any time. Therefore, SMEs prefer cloud-based solutions as it offers flexibility and scalability. Security is one of the issues that restricts the adoption of cloud-based services. However, this issue is also being eliminated by continuously doing security checks by third parties.
Request for Sample: https://www.marketsandmarkets.com/requestsampleNew.asp?id=334475
As per regions, Asia Pacific (APAC) to grow at the highest CAGR during the forecast period
As per regions, the Asia Pacific is estimated to hold the highest Compound Annual Growth Rate (CAGR) of 21.1% in the content services platform market. The high growth rate in the Asia Pacific can be attributed to the proliferation of innovative technologies, combined with the growing business needs, and increase in the number of organizations adopting content services platform solutions.
Top Companies
Some of the major content services platform market vendors are Microsoft (US), IBM (US), Open Text (Canada), Hyland (US), Box (US), Laserfiche (US), Adobe (US), Oracle (US), M-Files (US), SER Group (Germany), GRM Information Management (US), Intalio (France), Micro Focus (UK), Newgen (India), Kyochera (Japan), DocuWare (Germany), DocStar (US), Objective (Australia), and D.velop (Germany).
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
The global Content Services Industry size is expected to grow from USD 22.6 billion in 2018 to USD 60.3 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period.
The major factors driving the growth of the market are increasing need of enterprises to effectively use enterprise data, facilitate better collaboration among geographically dispersed teams, better control over information, and alignment of content strategy with business goals.Browse Complete Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=334475The Content Services Industry includes major vendors, such as Microsoft (US), Hyland (US), OpenText (Canada), Box (US), Laserfiche (US), Adobe (US), IBM (US), M-Files (Finland), Nuxeo (US), Objective (US), Fabasoft (Austria), Micro Focus (UK), GRM Information Management (US), Everteam (France), DocuWare (Germany), Alfresco (US), Newgen (India), SER Group (Germany), and Oracle (US).
Key players such as Hyland, OpenText, Box, and M-Files, have majorly adopted many growth strategies, such as new product launches, acquisitions, and new expansions in different countries to increase their product portfolios and grow further in the CSP market.Hyland offers OnBase flagship product in the CSP market, along with other products, such as ShareBase and AirBase.
OnBase is a single enterprise information platform that manages content, processes, and cases deployed on-premises and cloud or both.
Hyland delivers its products and services either directly or through an extensive partner network.
The company has a strong presence in the market and offers a broad set of product portfolio for CSP customers, which is evident from the number of acquisitions it has made in recent years.
The major factors driving the content services platform market include the growing adoption of social, mobile, analytics, and cloud (SMAC) technologies and the proliferation of digital content across enterprises.- Enterprise Content Management has always pursued the mission of achieving a vast array of content -related operational goals with the usage of a centralized platform.
The content services platforms (CSPs), on the other hand, apply a new approach, which is focused less on storing the documents centrally but more on the strategy of how an enterprise can deal with their growing content, data, and document needs.
While the ECM intends to achieve its operational goals with a single system, CSPs employ a robust suite of strategy and integrated technology to accomplish these goals.- The organizations that have traditionally relied on the Enterprise Content Management (ECM) solution for their content lifecycle management, these solutions have been fulfilling the promise by managing the content end -to -end, right from the creation to disposition.
Besides, the data breaches have also led to an exponential rise in costs and loss of valuable customer information.
These kinds of implementations are widespread across large-sized enterprises.- For instance, according to Cisco Systems in 2022, the data volume of worldwide consumer IP traffic is expected to reach 333 exabytes per month at a 27% compound annual growth rate.
Besides, in 2019, according to Verizon Communications Inc., the global accommodation industry experienced 125 cybersecurity incidents in total, and professional services and the public were the most targeted sectors with 7,463 and 6,843 reported incidents respectively.- Deploying on-premises allows users to keep the solution in-house and grow the solution as it makes sense for the organization.
Over the years, many video-on-demand streaming platforms have successfully made their way to everyone’s houses.
Fortunately, Spanish TV has also become affordable and easily accessible due to the streaming platforms.
You even have the option to choose between paid and free plans.If you want to watch some Spanish shows, movies, news, etc., these are the following platforms you should subscribe to:PeacockPeacock is a streaming service app by NBC Universal.
It mainly focuses on providing the traditional TV browsing layout from where the users can find trending news clips, live streams, on-demand shows, and more.
You can easily find Peacock on most streaming devices, except for Amazon’s Fire TV Stick, and it is also available on iOS, Android, PlayStation, Xbox.
You can stream content from your computer, phone, tablet, or TV without subscribing to the satellite TV plans.
