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Enterprise Content Management Market by Component, Business Function, Deployment Type, Organization Size, Vertical - Global Forecast to 2022

Enterprise Content Management Market: Global Forecast until 2022

  • July 2017
  • 161 pages
  • ID: 5025060
In this report:
The human resources business function market is expected to grow at the highest CAGR of ##.##% during the forecast period, and is projected to reach the market size of USD ##,##.## million by 2022.
Meanwhile, the mobile content management segment is expected to grow at the highest CAGR of ##.##% to reach the estimated market size of USD ##.## million by 2022.

Summary

Table of Contents

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Exponential data increase and growing need for regulatory content management in the enterprises is driving the global industry

The Enterprise Content Management market size is forecasted to grow from ~$31.7B in 2017 to ~$67.1B by 2022, at a CAGR of 16.20 percent. ECM is the systematic collection and organization of information that is to be used by a designated audience including business executives and clients.

The exponential data rise, rising need to manage info in firms and rised traction for risk mitigation in content management are driving the ECM market.

Effectiveness, efficiency, compliance, and continuity all are combined in various proportions to drive the business case for content management in most organizations. Nevertheless, Elements such as difficulties in smooth handling of enterprise data in case of mergers and acquisition and the existence of content data silos are hindering the ECM market increase.

Web content management is forecasted to have the biggest sector size in the ECM market

The web content management solution is expected to contribute the biggest industry size during the estimate period. It helps in maintaining, controlling, changing, and reassembling the content on a web page.

Web content management is widely adopted among industries due to the increased complexities in management of ample of data configuration, integration across the world, and challenges of managing sensitive information of customer's personal data and business information

The cloud deployment type for ECM is anticipated to grow at the highest CAGR (Compound annual growth rate) during the outlook period

Cloud-based technology is the quickest-increasing deployment type in the ECM market and is anticipated to grow at the highest compound annual growth rate (CAGR) of 18.40 percent between 2017 and 2022. Cloud-based deployment model reduces the total cost of ownership by cutting down the cost combined with installing hardware to support ECM solutions. Cloud-based deployment model affords higher agility than the on-premises deployment model

Asia Pacific (APAC) is anticipated to be the fastest growing area during the estimate period.

Asia-Pac is anticipated to be the fastest growing area during the outlook period in the ECM market. The high increase rate in Asia-Pacific is attributed to the growing technological adoption in developing countries including India and China (CN). Moreover, the increased need to manage consistent data and induce control and visibility mechanisms has led to a wider demand among companies for ECM solutions in the Asia-Pacific regions.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with the top people. The breakup of profile of the primary participants is like:

• By Organization: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, and Tier 3 - 20.0 percent

• By Description: C-suite - 72.0 percent, D-level - 17.0 percent, and Grade of manager - 11.0 percent

• By Area: North America continent - 45.0 percent, Europe (EU) - 20.0 percent, Asia-Pac - 30.0 percent, and rest of the world - 05.0 percent

The ECM ecosystem comprises main vendors offering solution and services including Microsoft (NASDAQ:MSFT), IBM (NYSE:IBM), Oracle (NASDAQ:ORCL), Xerox Corporation, EverTeam, Fabasoft, Laserfiche, M-Files Corporation, Alfresco Software, Incorporated, Hyland Software, Incorporated, Newgen Software Technologies Ltd., and OpenText Corporation.

Segment Research

The study includes detailed competitive review of the main actors in the ECM market, with their company descriptions, recent evolutions, and key industries strategies. The research document breaks down the ECM market by component, deployment type, organization size, business function, vertical, and area.

Reasons to Buy the Report

The ECM market has been broken down by component, deployment type, organization size, business function, vertical, and area. The analysis will facilitate industry top players/new sector entrants in this industry in these ways:

1. The document breaks down the ECM market comprehensively and offers the best approximations of the revenue data for the global market and sub-segments. The industry numbers are further split across several verticals and localities.

2. The market research benefits the partners to apprehend the pulse of the sector and offers them information on main market drivers, market restraints, opportunities, and alternatives.

3. This industry report benefits partners to comprehend the players better and acquire additional insights to enhance the position of their businesses.

There is a separate division on opposing landscape, including competitor ecosystem, and mergers and acquisitions. Also, there is MicroQuadrant of 25 actors who offer solutions and services in this sector. In this part, industry internals are also provided that can put the partners ahead of their players.

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