Market Revenue Enterprise Content Management (ECM) Industry

Enterprise Content Management (ECM) Industry Penetration and
Growth Prospect Mapping By Types Till 2025
“Enterprise Content Management (ECM) Market size is expected to value USD
93.76 billion by 2025. The ECM market is subject to witness a substantial
growth due to the ever growing demand to safeguard highly confidential
information and allow high-level of operational efficiency.”
The global Enterprise Content Management (ECM) Market size is expected to value USD 93.76 billion by 2025.
The ECM market is subject to witness a substantial growth due to the ever growing demand to safeguard highly
confidential information and allow high-level of operational efficiency. Moreover, numerous governmental
schemes associated data security are further escalating the need for enterprise content management software,
subsequently, driving growth of the market. Soaring volumes of data on web server are heightening the
importance of enterprise content management software to carry out business processes such as storage,
management of data sets, and sharing of information through videos and audio clips, and are responsible for
fueling the market value. Growing preference toward cloud services is substantially influencing the market size
on global-scale.
Globally, the enterprise content management (ECM) market is predicted to grow at a CAGR of 15.6% in forecast
period, providing numerous opportunity for market players to invest for research and development in the
enterprise content management market. Multiple software providers are offering automated data security
services that allows easy management to encrypt crucial data such as financial reports to avoid illegal access.
Though, growing concerns related to the higher initial cost and maintenance cost in vendors is hampering
progress of the enterprise content management industry. Lack of internet penetration mainly in emerging
economies is also major obstacle for market growth. Enterprise content management (ECM) is responsible for
reiterating the phrase of content management by supplementing specific a timeline at each level of enterprise
content process that involves content creation, authorization and redistribution.
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