Enterprise Content Management (ECM) Market Overview:
Enterprise Content Management (ECM) Market size was at USD 40.62 billion in the year 2019 and expected to surpass over USD 127 billion by the year 2026 while registering over 18.1% in the forecast period. The Enterprise Content Management systems are deployed to efficiently manage the data generated by the organization. Prime reasons behind the growth of enterprise content management solution demand include growing demand for the companies to arrange, classify, and manage the entire content in a user-friendly fashion. At the same time, the growing demand for personalized content for the targeted audiences using appropriate channels is also one of the foremost reasons behind growth of global enterprise content management market.
enterprise content management (ECM) market size seems quite obvious to grow in this era of digitization. This revolution of digitization has made growth in usage of signature capturing tools. High-end ECMs are quite useful for letting clients sign documents digitally. The same has boosted the use of enterprise content management software. Using a powerful ECM, a customer can manage to sign the documents digitally. Basically, the eSignature solution is made up of software for signing documents through electronic mode.
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Electronic signatures enable companies to sign documents electronically from anywhere. With growing digitization and growing dependencies upon electronic signatures, enterprise content management market growth seems obvious. Growth in cloud technology is also one of the crucial reasons one must consider. The consistent inclusion of social collaboration software has made the prospects of ECM solutions. No surprise to see further growth of enterprise content management technology in upcoming future. This is mainly because the volume of contents being developed and stored has grown immensely. Advancement of cloud and other technologies are expected to boost demand for greater usability at end-user level is very much expected to widen prospects of enterprise content management market trend.
Enterprise Content Management (ECM) Market Segmentation
By Solution
- Web Content Management
- Mobile Content Management
- Documentation Management
- Records Management
- Content Workflow Management
- Others
By Service
- Integration
- Support & Maintenance
- Training
By Deployment
- On-Premises
- Cloud
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By Organization Size
- SMEs
- Large Enterprises
By Vertical
- BFSI
- Healthcare
- Retail
- IT & Telecommunication
- Energy & Utilities
- Transportation & Logistics
Enterprise Content Management (ECM) Market Regional analysis:
Regionally, the global Enterprise Content Management (ECM) Market can be segmented into North America, Europe, APC, MEA, and Latin America. North American market can be further segmented into United States and Canada in terms of major Enterprise Content Management (ECM) Market share. European market can be further classified into United Kingdom, Germany, France, and Rest of Europe. APAC market can be classified to China, Japan, Australia and New Zealand, and others. Coming to MEA, the international ECM market is segmented into Middle East and Africa. Similarly, the Latin American market can be segmented into Brazil, Mexico, and Rest of Latin America.
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Enterprise Content Management (ECM) Market Key Players
- Xerox Corporation (Connecticut, U.S.)
- OpenText Corporation (Ontario, Canada)
- Epicor Software Corp.(Texas, U.S.)
- Adobe Inc. (California, U.S.)
- Laserfiche (California, U.S.)
- Datamatics Global Services Limited (Mumbai, India)
- M-files Corporation (Texas, U.S.)
- Kyocera Corporation (Kyoto, Japan)
- Docuware Corporation (Germering, Germany)
- Ascend Software (California, U.S.
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