Global Enterprise Content Management Market: Overview
A system which organizes, manage, integrate, and process the data that is to be operated within the organization to ease the operational task and to keep an eye on the overall backend procedures is termed as enterprise content management. The implementation of the enterprise content management turned manual mode of the operations to the automatic mode, in which just by running a query, the complex task can be easily accomplished within the small amount of time.
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Global Enterprise Content Management Market: Segmentation
Global enterprise content management market is segmented based on its solution which includes enterprise records management, social content management, enterprise document management, enterprise document imaging and capture, mobile content management, advanced case management, Digital asset and rich media management, enterprise digital rights management, and Enterprise content workflow management. Further based on. Further based on the placement it is diversified as hosted and on-premises type. Moreover, on the basis of the user, it is bifurcated in small and medium enterprises (SME’s) and enterprises. The segment of the global market is also classified based on verticals which include various sectors such as telecom and IT, healthcare and life sciences, energy and power, education, tourism, hospitality, government, defense, media, and entertainment.
Global Enterprise Content Management Market: Growth Factors
Rising number of startups related to e-commerce, logistics, and retail in which majority of them work with highly valuable has augmented the growth of the global enterprise content management market. Rising need for protecting confidential data to avoid the data loss has boosted the demand for the content management system which directly affects the growth of the global market. Companies focusing more on regulatory content management to ease their operation is also driving the global enterprise content management. Availability of end to end cross-platform solutions and distribution of content maturity model are also some factors responsible for the growth of the global market. On the other side complexities in data management due to merger and acquisitions, data migration from one one system to upgraded system, minor security concerns in cloud and mobile based technologies are some of the hindering the growth of the global enterprise content management market.
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Global Enterprise Content Management Market: Regional Analysis
The global functional composite market is also broadly diversified into many regions which include North America, Europe, Asia-Pacific, Middle East, Africa and Rest of the World. Geographically, North America is expected to dominate the global enterprise content management market looking at the rising demand and advancement in the working culture of enterprises.
Global Enterprise Content Management Market: Competitive Players
Some of the prominent players dominating the global enterprise content management market include Alfresco Software, Inc., Microsoft Corporation, Newgen Software Technologies Ltd, Lexmark International, Inc., Xerox Corporation, IBM Corporation, Oracle Corporation, Hyland Software, Inc., Opentext Corporation, and EMC Corporation. Other key players comprise, Everteam, Fabasoft AG, Nuxeo, Ser Group, Maxxvault LLC, and Laserfiche
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Global Enterprise Content Management Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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