Global Cloud Enterprise Content Management Market Trajectory and Analysis, 2020-2022 & 2026: Unexpected Windfall Gains for Cloud ECM as COVID-19 Accelerates Digital Transformation – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–“Cloud Enterprise Content Management – Global Market Trajectory & Analytics” report has been added to from ResearchAndMarkets.com offer.

Global cloud-based enterprise content management market to reach $97 billion by 2026

Amid the COVID-19 crisis, the global cloud-based enterprise content management market, estimated at US$18.7 billion in 2020, is expected to reach a revised size of US$97 billion from by 2026, growing at a CAGR of 30.7% over the analysis period. .

Cloud-based enterprise content management (ECM) is poised to gain tremendous momentum over the next few years due to the growing need to govern and manage burgeoning volumes of content. While globally generated content doubles every three months, approximately 80% of the content that needs to be leveraged by knowledge workers to generate revenue and achieve business goals remains unstructured. The skyrocketing growth of unstructured data is giving a major boost to the cloud-based ECM market.

Document management, one of the segments analyzed in the report, is expected to register a CAGR of 28.4% and reach US$23.3 billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Workflow Management segment is readjusted to a revised CAGR of 36.2% for the next 7-year period.

The US market is estimated at $10.6 billion in 2021, while China is expected to reach $9.4 billion by 2026

The cloud-based enterprise content management market in the United States is estimated to be worth US$10.6 billion in 2021. China, the world’s second largest economy, is expected to reach a projected market size of US$9.4 billion US dollars by 2026, growing at a CAGR of 37.5% over the analysis period.

Other notable GeoMarkets include Japan and Canada, each predicting growth of 27.9% and 28.8% respectively over the 2020-2027 period. In Europe, Germany is expected to grow at a CAGR of around 28.2%. Companies in developing and developed markets are stepping up adoption of cloud-based ECM to reduce time spent on document management and increase efficiency and productivity.

Moving to the cloud allows organizations to leverage an always-accessible platform and sophisticated resources to drive innovation and help employees process documents efficiently. Because cloud-based ECM allows employees to stay connected and collaborate wherever they are, they can quickly complete workloads for faster time-to-market.

Content Management Segment to Reach $17.1 Billion by 2026

AI is increasingly being used in content management systems for processing as well as analyzing content in various forms. AI is used in enterprise content management systems in several different ways, including content security, enterprise search, robotic process automation, and chatbots. Enriching content management systems with AI helps users quickly identify required information using data mining capabilities. AI can also contribute significantly in terms of securing content.

In the global content management segment, the United States, Canada, Japan, China and Europe will drive the estimated CAGR of 34.2% for this segment. These regions represent a combined market size of US$2.3 billion in 2020.

China will remain among the fastest growing markets in this group of regional markets. Led by countries like Australia, India, and South Korea, the Asia-Pacific market is expected to reach US$1.1 billion by 2026.

Main topics covered:

I. METHODOLOGY

II. ABSTRACT

1. MARKET OVERVIEW

  • Overview of the influencer market

  • Global Market Trajectories

  • Cloud Enterprise Content Management – Percentage of market share of the main global competitors in 2022 (E)

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Gamers Worldwide in 2022 (E)

  • Cloud computing emerges as the only bright spot amid the crisis

  • Impact Score of Trends Driving Engagement in Public Cloud 2019 VS 2020

  • As businesses migrate to the cloud amid the pandemic, opportunities for cloud-based solutions are exploding

  • What is Enterprise Content Management (ECM)? & What are the unique benefits of Cloud ECM

  • Recent market activity

2. FOCUS ON SELECT PLAYERS (Total 418 Featured)

  • Alfresco Software, Inc.

  • ASG Technologies

  • Box, Inc.

  • Docuware GmbH

  • Epicor Software Corporation

  • Everteam software

  • Fabsoft Software, Inc.

  • Hyland Software, Inc.

  • IBM Corporation

  • laserfiche

  • Lexmark International, Inc.

  • M-Files Corporation

  • Micro Strategies Inc

  • Microsoft Corporation

  • Newgen Software Technologies Limited

  • Nuxeo

  • Objective society

  • Open Text Corporation

  • Oracle Corporation

  • SERgroup Holding International GmbH

  • Xerox Holding Company

3. MARKET TRENDS AND DRIVERS

  • Unexpected windfall gains for cloud ECM as COVID-19 accelerates digital transformation

  • COVID-19 has created an environment where digital transformation means survival

  • Here’s how content chaos can be the biggest obstacle to successful digital transformation

  • Connected enterprises remain the cornerstone of market growth

  • The Journey to Connected Enterprises Offers Strong Opportunities for ECM

  • Accelerated by Pandemic-Driven WFM Patterns, ECM Converges with Enterprise Mobility Goals

  • Accelerated Mobility Amid Pandemic Drives Convergence of ECM with Mobility Solutions

  • Big Data Overload Accelerates the Challenge of Content Chaos

  • Why is it time to move beyond content chaos?

  • Information governance is the first step to leveraging the value of Big Data: volume of data generated, stored and consumed worldwide (in zettabytes)

  • The Role of Artificial Intelligence (AI) in Content Management Systems is Growing

  • Using ECM in the Logistics and Transportation Industry: A Review

  • IoT, convergence of augmented reality with ECM: a major trend

  • Expanding usage in major end-use markets is driving market growth

4. GLOBAL MARKET OUTLOOK

III. REGIONAL MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/3uauu8

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