San Francisco, 22 October 2018,
The global digitalasset management market is expected to reach USD 5.60 billion
by 2025, according to a new report by Grand View Research, Inc. The market is
anticipated to witness a healthy growth, ascribed to the increasing preference
by organizations for rich media content for promoting brands and products.
Further, the rising adoption of portable devices in enterprises has increased
security requirements, thereby increasing the demand for digital asset
management solutions.
The market is also anticipated to be driven
by the growing demand for digital marketing applications and solutions among
enterprises for different purposes, such as asset analytics and lifecycle &
rights management. Other significant factors driving the market growth are the
increasing demand for integrated solutions and the rising usage of SaaS-based
solutions.
The advantages of digital asset management
solutions over conventional alternatives are expected to offer growth
opportunities over the coming years. This includes migration from traditional
marketing to real-time consumer-driven digital marketing strategies. Several
organizations are adopting these solutions as they provide affordable solutions
to share, manage, store, and retrieve data.
Full Research Report On Digital Asset Management Market Analysis:
www.grandviewresearch.com/industry-analysis/digital-asset-management-market
www.grandviewresearch.com/industry-analysis/digital-asset-management-market
Further key findings from the report suggest:
·
The marketing segment accounted for the
largest revenue share in 2015 and is expected to witness growth at a CAGR
exceeding 12% over the forecast period, owing to the rising need for a
collaborative digital workflow.
·
Asia Pacific is expected to emerge as the
fastest growing region with a CAGR exceeding 15% over the forecast period on
account of increasing adoption of cloud technology and digitization among large
enterprises and SMEs to improve employee productivity.
·
Digital asset management services are used
for ensuring the smooth functioning of solutions installed by organizations
thereby leading to the service segment growth over the forecast period.
·
Many vendors are moving from on-premise to
cloud-based solutions that offer mobile accessibility and drag-and-drop
functionality owing to which the segment is expected to witness high growth
over the forecast period.
·
SMEs account for the biggest target
audience of DAM players currently, which is encouraging operating companies in
customizing their solutions and meeting the specific demands of small players.
·
The media & entertainment segment large
depends on the smooth functioning and easy installation of DAM solutions, which
helps save, manage, and recollect large volumes of digital data.
·
The key purveyors comprise ADAM Software
NV, Adobe Systems Incorporated, Celum, Cognizant Technology Solutions Corp.,
EMC Corporation, IBM Corporation, North Plains Systems, OpenText Corporation,
Oracle Corporation, WebDAM, and Widen Enterprises. The companies emphasize on
adopting the best practices for developing solutions to achieve a competitive
advantage.
Browse
More Reports Of This Category By Grand View Research At: www.grandviewresearch.com/industry/communication-services
Grand View Research has segmented the digital asset management market on
the basis of type, deployment, enterprise size, application, end-use, and
region:
Digital Asset Management Type Outlook
(Revenue, USD Million; 2014 - 2025)
·
Solution
·
Service
Digital Asset Management Deployment Outlook
(Revenue, USD Million; 2014 - 2025)
·
On-premise
·
Cloud
Digital Asset Management Enterprise Size
Outlook (Revenue, USD Million; 2014 - 2025)
·
Small & Medium Enterprise
·
Large Enterprise
Digital Asset Management Application
Outlook (Revenue, USD Million; 2014 - 2025)
·
Sales
·
Marketing
·
IT
·
Distribution
·
Photography, Graphics & Designing
Digital Asset Management End-Use Outlook
(Revenue, USD Million; 2014- 2025)
·
Media and Entertainment
·
BFSI
·
Retail
·
Healthcare
·
Automotive & Manufacturing
·
Government
·
Others
Digital Asset Management Regional
Outlook (Revenue, USD Million; 2014- 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Germany
o
France
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East & Africa
Access Full Press Release of this Report:
www.grandviewresearch.com/press-release/global-digital-asset-management-market
www.grandviewresearch.com/press-release/global-digital-asset-management-market
About Grand View
Research
Grand View Research, Inc.
is a U.S. based market research and consulting company, registered in the State
of California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com/
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