Regulatory Compliance Mandates Shape Strides in Enterprise Content Management Market, Valuation to Reach US$ 29,419.1 Mn by 2030

- Rapid pace of digitization in BFSI and retail sectors nudge businesses to adopt enterprise content management for streamlining operational processes and improve decision making that rely on content

- Low cost cloud-based offerings to get traction in Asia Pacific market, and the regional market to grow at most attractive rate during 2020 – 2030

ALBANY, N.Y., Aug. 20, 2020 /PRNewswire/ --  Organizations are increasingly adopting enterprise content management market offerings to effectively obtain, collect, organize, and deliver wide spectrum of contents. The key benefits are cost reduction, access to crucial information to knowledge workers, and managing different forms of content from a unified platform.

TMR analysts for the enterprise content management (ECM) market see a huge revenue potential: the market valuation was pegged at US$ 11,927.9 Mn in 2019. Clocking CAGR of 8.5% from 2020 to 2030, the market is estimated to reach worth of US$ 29,419.1 Mn by 2030-end, globally.

Adoption of SaaS-based solution in Asia Pacific is expected to open new revenue streams in the global the enterprise content management market.

Download PDF Brochure – https://www.transparencymarketresearch.com/sample/sample.php

Key Findings of Enterprise Content Management Market Report

• Among the various types of components, software segment led the market in 2019 and is expected to be the most attractive one
• Based on the enterprise size, small and medium enterprises (SMEs) segment is the leading one
• Of the various end users, the BFSI held the leading market share in 2019
• Retail segment is expected to garner growth at promising CAGR during 2020 -2030
• Among the various key regions, North America accounted for the top share in the enterprise content management market amounting to 37.9%
• Europe is witnessing rapid rise in adoption, fuelled by government mandates

Explore 412 pages of top-notch research, incisive insights, and detailed country-level projections on Enterprise Content Management Market [(By Component (Software and Services); By Enterprise Size (Small & Medium Enterprises (SMEs) and Large Enterprises); By Solution (Document Management, Content Management, Case Management, Workflow management, Record Management, Digital Asset Management, Ediscovery and others); By Industry (BFSI, Education, Government & Public, Healthcare, Manufacturing, Media & Entertainment, Retail, Telecom & IT, and Others)] - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 – 2030 at https://www.transparencymarketresearch.com/enterprise-content-management-market.html

Enterprise Content Management Market: Key Driving Factors and Promising Avenues

• Growing awareness of the benefits of the role of automation in end-to-end management of contents' lifecycle to organization across sectors is a key driver for the adoption of enterprise content management
• Rapid pace of business digitization around the world is a key aspect of the demand for automating content management.
• Over the years, developed regions have seen organization paying attention to regulations for the management of data such as the HIPPA.
• Enterprises in developed world are grappling with the changing updates in regulations, thereby creating a substantial demand for enterprise content management.
• SaaS-based ECM solutions are expected to gain traction over the years.
• In recent years, demand for cloud-based offerings is imparting a robust momentum to the generation to opportunities for players in the enterprise content management market. The low cost of deployment on the cloud is the reason behind the popularity of ECM for SMEs.

Request the Covid19 Impact Analysis across Enterprise Content Management Industries and Markets

Enterprise Content Management Market: Regional Assessment

On the geographical front, Asia Pacific is expected to be the most attractive market. End users have got attracted to the cost-effectiveness of cloud-based solutions. Most end-use industries have less budget so that they are reluctant to put large amount upfront on on-premise solutions. Thus, SaaS-based ECM solutions have imparted large revenues to the regional market.

North America held the dominant share in the global enterprise content management market.

The Middle East and Africa is also a promising market, with several players committing large investments in meeting the demand for end-use industries in the region.

Analyze global enterprise content management market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study

Enterprise Content Management Market: Competitive Landscape Assessment

Most players in the enterprise content management are focusing on meeting the needs of end users by offering cloud-based solutions. They are also keen on meeting the regulatory compliance requirements, especially of the BFIS sector. Some of the top players are Capgemini S.A., EMC Corporation, IBM, Newgen Software, Inc., and SAP.

Access TMR Press Releases - https://www.transparencymarketresearch.com/press-releases.htm

The Enterprise Content Management Market can be segmented as follows:

Market Segmentation:

By Component

• Software
• Services

By Enterprise Size

• Small & Medium Enterprises (SMEs)
• Large Enterprises

By Solution

• Document Management
• Content Management
• Case Management
• Workflow management
• Record Management
• Digital Asset Management
• Ediscovery
• Others

By End Use Industry

• BFSI
• Education
• Government & Public
• Healthcare
• Manufacturing
• Media & Entertainment
• Retail
• Telecom & IT
• Others

By Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

Explore Transparency Market Research's award-winning coverage of the Global IT & Telecom Industry:

Media Monitoring Tools Market – The media monitoring tools market is expected to register a CAGR of 14.1% between 2020 and 2030. The market is projected to be driven by rising adoption of media monitoring tools within the retail as well as healthcare industry. The global media monitoring tools market is expected to reach US$ 11,995.4 Mn by 2030 from US$ 3,209.7 Mn in 2020. Increasing adoption of digitized technology to manage the digital content is expected to drive the growth of the market.

Consumer Identity and Access Management Market – The global consumer identity and access management market is anticipated to reach value of US$ 32.9 Bn by 2030. The consumer identity and access management market is projected to expand at a CAGR of ~12% from 2020 to 2030, in terms of revenue. The growth of the consumer identity and access management market is due to increasing need to authenticate identities of customers across digital and non-digital channels, and growing demand for cloud-based applications across enterprises.

Point-of-Sale (POS) Terminal Market – The global point-of-sale (POS) terminal market is projected to reach US$ 184.2 Bn by 2030. The point-of-sale (POS) terminal market is projected to expand at a CAGR of ~11% from 2020 to 2030. The expansion of the point-of-sale (POS) terminal market can be attributed to the rise in demand for mobile POS terminals, and enhanced customer experience and low total cost of ownership (TCO) compared to conventional channels of payment.

Access TMR Upcoming Reports - https://www.transparencymarketresearch.com/upcoming.htm 

Access Recently Published Reports by TMR - https://www.transparencymarketresearch.com/latest.htm

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact

Mr Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/enterprise-content-management-market.htm 
Blog: https://tmrblog.com/  

LOGO: https://mma.prnewswire.com/media/1085206/Transparency_Market_Research_Logo.jpg