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Enterprise Content Management Systems Market to Reach $53.2 Billion Globally by 2030 at a CAGR of 9.8%: Allied Market Research

The increase in the need for digital content owing to the proliferation of online marketing and the development of e-commerce industry’s customers and online content has boosted the growth of the global enterprise content management system market .

PORTLAND, Oregon., May 23, 2022 /PRNewswire/ — Allied Market Research recently released a report titled “Enterprise Content Management Systems Market by Solution (Records Management, Case Management, Document Management, Mobile Content Management, Imaging & Capture, content management, digital asset management, other), by deployment mode (on-premises, cloud), by company size (large enterprises, small and medium enterprises), by vertical sectors (BFSI, IT and telecommunications, energy and Utilities, Government & Public Sector, Healthcare & Life Sciences, Retail & Consumer Goods, Manufacturing, Others): Global Opportunities Analysis and Industry Forecast, 2020-2030”. According to the report, the global enterprise content management systems industry was indexed on $21.5 billion in 2020, and should reach $53.2 billion by 2030, growing at a CAGR of 9.8% from 2021 to 2030.

Key Drivers of Market Growth

The increase in the need for digital content owing to the proliferation of online marketing and the development of e-commerce industry’s customers and online content has boosted the growth of the global enterprise content management system market . However, high upfront implementation costs and lack of awareness to implement the right solution for specific SME needs are hampering the growth of the market. On the contrary, the mass adoption of cloud-based enterprise content management systems would open up new opportunities in the future.

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Covid-19 scenario:

  • The Covid-19 pandemic has had a positive impact on the market due to the increased need for content management as companies have moved their businesses online.
  • Businesses are increasingly inclined to attract consumers through social media sites, which has increased the demand for content management systems.

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Mobile Content Management Segment to Show Highest CAGR through 2030

By solution, the mobile content management segment is estimated to exhibit the highest CAGR of 14.9% during the forecast period, as it allows the user to access information anytime and anywhere. any location via mobile handsets to facilitate uninterrupted business workflow. However, the web content management segment held the largest share in 2020, accounting for nearly a quarter of the global enterprise content management system industry, owing to the high growth rate associated with the industries of developing countries to integrate high security to understand threats and mitigate vulnerabilities. .

The on-site segment dominated the market

By mode of deployment, the on-premises segment held the largest share in 2020, contributing more than half of the global enterprise content management systems market, owing to the increase in the need to secure critical data against unauthorized access and to monitor the influx of data within the organization. However, the cloud segment is expected to show the highest CAGR of 12.5% ​​during the forecast period, owing to the transfer of increasing amount of confidential data.

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North America held the lion’s share

By region, the market across North America held the largest share in 2020, accounting for more than a third of the global enterprise content management system market. This is due to the emphasis on using advanced industry-specific content management solutions and services to support the competitive environment. However, the market through Asia Pacific is expected to register the highest CAGR of 12.9% during the forecast period, due to increased business expansion in the region.

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Main market players

  • Adobe
  • Fabasoft
  • Capgemini
  • Lexmark International, Inc.
  • Hyland Software, Inc.
  • M-Files, Inc.
  • Microsoft Corporation
  • Open Text Society
  • Oracle
  • XEROX Corporation

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