DUBLIN, Sept. 16, 2019 /PRNewswire/ -- The "Enterprise Content Management Market to 2027 - Global Analysis and Forecasts by Component; Deployment Type; Organization Type; and Industry Vertical" report has been added to ResearchAndMarkets.com's offering.
The global enterprise content management market accounted for US$ 12.94 Bn in 2018 and is expected to grow at a CAGR of 10.8% over the forecast period 2019-2027, to account for US$ 32.30 Bn by 2027.
The global enterprise content management market is expected to draw significant growth in the coming years, majorly due to the growing demand for enterprise content management solutions across enterprises for operational efficiency. Furthermore, the enterprise content management market is expected to grow, owing to the advanced features offered by enterprise content management solutions providers.
Presently, the on-premises ECM solutions segment holds the majority share in the global enterprise content management market; however, the increasing adoption of cloud-based ECM solutions is expected to be the future trend for enterprise content management market worldwide. Some of the major reasons for the rising adoption of cloud-based ECM solutions are a low initial investment, sophisticated cloud & hosting models, and advanced features.
With investment in cloud-based solutions, enterprises are anticipated to reduce their operational costs and decrease human errors. Small and medium-sized enterprise does not find it feasible to invest in on-premise ECM solutions, and hence the demand for cloud-based ECM solutions is expected to grow at a fast pace in the coming few years, especially among SMEs in developing regions. In addition to this, the growing digital revolution across the globe is fuelling the adoption of cloud-based solutions in various industry verticals.
Governments of developing economies such as India and China are taking various initiatives to boost the adoption of digital services among consumers and industries. The adoption of cloud-based ECM solutions is expected to grow at an impressive rate during the forecast period from 2019 to 2027, owing to all these positive developments.
Key Topics Covered:
1.1 Scope of the Study
1.2 Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.2 Secondary Research
3.3 Primary Research
4. Market Landscape
4.1 Market Overview
4.2 Ecosystem Analysis
4.3 PEST Analysis
5. ECM Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Massive Amount of Digital Content Powering The Demand of ECM Solutions
5.1.2 ECM Solutions Are Crucial For Regulatory Compliance Such As Hipaa And Sox
5.2 Key Market Restraints
5.2.1 Data Privacy And Security Issues
5.2.2 Lack Of Cloud Infrastructure In Developing Nations
5.3 Key Market Opportunities
5.3.1 Adoption By Small And Medium-Sized Enterprises (SMES) Will Offer Future Growth Opportunity
5.4 Future Trends
5.4.1 Adoption Of Cloud-Based ECM Solutions
5.5 Impact Analysis Of Drivers And Restraints
6. ECM Market- Global Analysis
6.1 Global ECM Market Overview
6.2 Global ECM Market Forecast And Analysis
6.3 Market Positioning/Market Leaders
7. ECM Market Analysis - By Component
7.2 Global ECM Market Breakdown, By Component, 2018 & 2027
7.3.2 Global Solutions Revenue and Forecasts to 2027 (US$ Mn)
8. ECM Market Analysis - By Deployment Type
8.2 Global ECM Breakdown, By Deployment Type, 2018 & 2027
9. ECM Market Analysis - By Organization Type
1.2 Global ECM Market Breakdown, By Organization Type, 2018 & 2027
1.3 Small & Medium Enterprises
1.4 Large Enterprises
10. ECM Market Analysis-By Industry Vertical
10.2 ECM Market Breakdown, By Industry Vertical, 2018 & 2027
10.6 IT And Telecom
10.9 Transportation And Logistics
11. ECM Market - Geographical Analysis
12. Industry Landscape
12.2 Market Initiatives
12.3 Mergers And Acquisitions
12.4 New Developments
13. Company Profiles
- Alfresco software, Inc.
- DELL EMC
- Hyland software, Inc.
- IBM Corporation
- M-Files Corporation
- Microsoft corporation
- Newgen software technologies Ltd.
- Open Text Corporation
- Oracle corporation
- Xerox Corporation
For more information about this report visit https://www.researchandmarkets.com/r/d71y90
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