According to a new report Global Enterprise Content Management Market (2017-2023), published by KBV Research, the Enterprise Content Management Market size is expected to attain a market value of $79.9 billion by 2023, witnessing a market growth of 17% CAGR during the forecast period.
The North America market (U.S, Canada, Mexico, Rest of North America) dominated the Global Large Enterprises Enterprise Content Management Market by Region in 2016, and would continue to be a dominant market till 2023; growing at a CAGR of 13.4 % during the forecast period. The Europe market (Russia, Germany, U.K, France, Spain, Italy, Rest of Europe) is expected to witness a CAGR of 13.9% during (2017 – 2023). Additionally, The Asia Pacific market (China, Japan, India, South Korea, Singapore, Malaysia, Rest of Asia Pacific) is expected to witness a market growth of 16.8% CAGR during (2017 – 2023).
The Supply Chain Management market dominated the Global Enterprise Content Management Market by Business Function in 2016 with a higher market share, and would continue to be a dominant market till 2023. The Marketing market is expected to witness a CAGR of 18.5% during (2017 – 2023). Additionally, The Human Resource market would attain market size of $12,389.4 million by 2023.
The Digital Asset Management market dominated the Global Enterprise Content Management Market by Solution Type in 2016, and would continue to be a dominant market till 2023 with larger market share. The Mobile Content Management market is expected to witness a CAGR of 15.5% during (2017 – 2023). Additionally, The Records Management market is expected to witness a CAGR of 16.1% during (2017 – 2023).
Based on the competition analysis presented in the KBV Cardinal matrix, IBM Corporation and Oracle Corporation are the forerunners in the Enterprise Content Management market. Oracle has launched latest version of Oracle Enterprise Performance Management (EPM) System Release 188.8.131.52. Companies such as Adobe Systems Incorporated, Everteam, Opentext Corporation and Fabasoft are the some of the key innovators in Enterprise Content Management Market.
KBV Cardinal Matrix – Enterprise Content Management Market
Source: KBV Research Analysis, Company Publications and Secondary Research
The market report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise market analysis in each discussed region. The key influencing factors of the Enterprise Content Management Market have been discussed in the report along with the elaborated company profiles of Adobe Systems Inc., Everteam, Fabasoft, Hyland Software, Inc., IBM Corporation, Laserfiche, Microsoft Corporation, Open Text Corporation, Oracle Corporation, and Xerox Corporation.
Enterprise Content Management Market Segmentation
- Digital Asset Management
- Web Content Management
- Mobile Content Management
- Content Workflow
- Records Management
By Business Functions
- Supply Chain Management
- Accounts & Finance
- Human Resource
By Organizations Size
- Small & Medium Enterprises
- Large Enterprises