Title: Digital Asset Management Forecast to 2022
1Digital Asset Management Forecast to 2022
25 Discount Valid Upto 31 Aug 2017
2Summary
- The proliferation of digital content, increasing
focus and spending on digital marketing, rising
need for collaborative digital workflows,
evolution of internet services, and emergence of
IoT are driving the digital asset management
market. - The Digital asset management market size is
estimated to grow from USD 2.44 billion in 2017
to USD 5.66 billion by 2022, at an estimated CAGR
of 18.3. - This market is driven by factors such as
increased adoption of IoT and the increasing
proliferation of digital data contributed by
mobile devices and computers in organizations. - On the other hand, lack of awareness and
dependency on traditional approaches is expected
to hinder the growth of the market during the
forecast period.
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4- Consumer goods and retail segment is expected to
hold the major market share during the forecast
period - Consumer goods and retail industry has been
witnessing digital transformation across the
world. - With the increasing competition in online and
offline retail industry, vendors are emphasizing
on investing heavily in digital marketing to
target large audience in less time. - This is likely to contribute largely to their
digital assets and thus expected to create
potential opportunities for DAM solutions and
services in order to manage and optimize their
digital assets.
5- SMEs segment is expected to grow at the highest
CAGR during the forecast period - The Small and Medium Enterprises (SMEs) segment
is expected to grow at the highest CAGR during
the forecast period. - Small enterprises face greater resource crunch
than larger enterprises and require better
methods to solve the complexities for better cost
optimization on their business processes. - Implementing viable solutions for managing and
maintaining metadata and digital assets are some
of the major benefits that the small enterprises
are experiencing through the adoption of DAM. - By using these managed services, SMEs are able to
focus more on business operations than worrying
about maintaining digital asset management cost.
6- Asia-Pacific is expected to witness a high growth
potential during the forecast period - North America holds the largest market share in
2017 while APAC is the fastest-growing region in
terms of CAGR. - Asia Pacific market is witnessing heavy
commercial investment considering the untapped
opportunities in the developing countries in the
region. - Moreover, government initiatives to promote
digitization in developing countries has led many
large organizations to target their market in the
in this region, Thus, aiding technological
development and digitization in the region. - This is expected to create prospect opportunities
for DAM vendors to explore in the coming years.
7- In the process of determining and verifying the
market size for several segments and subsegments
gathered through secondary research, extensive
primary interviews were conducted with the key
people. The break-up of profiles of primary
participants is given below as - By Company Type Tier 1 35, Tier 2 45, and
Tier 3 20 -
- By Designation C-level 35, Director-level
25, and Others 40 -
- By Region North America 45, Europe 20,
APAC 30, and RoW- 5 - The digital asset management ecosystem comprises
major vendors such as Adobe Systems Incorporated
(U.S.), OpenText Corporation (Canada), Celum
(Austria), Mediabeacon, Inc. (U.S.), Canto, Inc.
(U.S.), Widen (U.S.), Bynder (Netherlands),
Northplains (Canada), Mediavalet, Inc. (Canada),
and Cognizant (U.S.).
8- Reasons to Buy the Report
- From an insight perspective, this research report
focuses on various levels of analysismarket
share analysis of the top players and company
profiles, which together comprise and discuss
basic views on the competitive landscape
emerging and high-growth segments of the digital
asset management market and high-growth regions
and their respective drivers, restraints,
challenges, and opportunities. - The report will enrich both established firms as
well as new entrants/smaller firms to gauge the
pulse of the market, which in turn will help
firms in garnering a greater market share.
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10Full Report
Digital Asset Management Forecast to 2022
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