Global Enterprise Content Management (ECM) Market 2018-2022: Market to Grow at a CAGR of 15.51%

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Feb 12, 2018, 11:15 ET

DUBLIN, Feb. 12, 2018 /PRNewswire/ --

The "Global Enterprise Content Management (ECM) Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global enterprise content management (ECM) market to grow at a CAGR of 15.51% during the period 2018-2022.

The report covers the present scenario and the growth prospects of the global enterprise content management (ECM) market for 2018-2022. To calculate the market size, the report considers the revenues generated from ECM software (perpetual licensing, fixed, and subscription) that includes standalone and integrated solutions with the existing enterprise systems.The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is Data explosion across industries. One of the primary drivers for the ECM market is the rapid rate of data generation across various verticals. This is the age of big data. Organizations currently generate a huge amount of data from online communication and collaboration alone. Essentially, every industry is a digital industry in this modern world. Due to the digitalization of businesses and processes, there is an abundance of complex and diversified data set in the world. Data is the essence of the modern-day enterprises.

Furthermore, due to the use of advanced and diverse machines and devices across business processes, the content generated by organizations are rich, varied, and complex. For example, the BFSI sector has been generating huge volumes of data, primarily due to process automation and customers adopting digital mediums for their core financial transactions.

The latest trend gaining momentum in the market is high-tech developments to upsurge ECM usability and expectations. Innovations and technological advances in the world, such as cloud computing, the blockchain, advanced analytics, big data, the IoT, virtual assistants, machine learning, augmented reality, and virtual reality, are expected to pave the way for the adoption of advanced software solutions throughout enterprises for their core activities.

In the modern world, organizations are expected to be a part of the new-age hyper-connected ecosystem. This will lead to data explosions. Owing to the increase in the number of technical advances and smart devices, as well as social media boom, the diversity of content is expected to increase as well.

Further, the report states that one of the major factors hindering the growth of this market is Threat to data security and privacy. In the current advanced and hyper-connected world, absolute security has become a myth. Data security breaches are imminent, and data security remains a concern with the technological advances in the corporate sector. The ever-increasing trend toward the componentization paradigm and the customization between modules and software brings its own set of challenges regarding data security and the integrity of software modules.

Key vendors

Hyland Software
IBM
Microsoft
OpenText
Oracle

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

Market ecosystem
Market characteristics
Market segmentation analysis

PART 05: MARKET SIZING

Market outline
Market definition
Market sizing 2017
Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

PART 07: MARKET SEGMENTATION BY DEPLOYMENT MODEL

On-premises model - Market size and forecast 2017-2022
Cloud model - Market size and forecast 2017-2022

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY END-USER

BFSI - Market size and forecast 2017-2022
Manufacturing - Market size and forecast 2017-2022
Healthcare - Market size and forecast 2017-2022
Retail - Market size and forecast 2017-2022
Others- Market size and forecast 2017-2022

PART 10: REGIONAL LANDSCAPE

Geographical segmentation
Regional comparison
Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

PART 13: MARKET TRENDS

PART 14: VENDOR LANDSCAPE

PART 15: VENDOR ANALYSIS

Vendors covered
Vendor classification
Market positioning of vendors

PART 16: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/research/wrsm97/global_enterprise?w=5

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SOURCE Research and Markets