Market Overview

Global $71.22 Bn Enterprise Content Management Market Outlook to 2023 - ResearchAndMarkets.com

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The "Global
Enterprise Content Management Market - Growth, Trend and Forecasts (2018
- 2023)"
report has been added to ResearchAndMarkets.com's
offering.

Enterprise Content Management Market was worth USD 30.44 billion in 2017
and is projected to grow to USD 71.22 billion by 2023 at a CAGR of
15.22% over the period 2018-2023.

Enterprise content management (ECM) solutions empower an organization to
take the cognizance of the customer information and company knowledge
embedded in its content. While content is doubling every 90 days, around
80% of content utilized by knowledge workers for core revenue generation
projects is unstructured.

This critical growth of unstructured content is becoming a big restraint
for many organizations, particularly for enterprises. Therefore, the
number of enterprises that leverage the power of these solutions is on
rise.

Moreover, the growth in the digital content across enterprises, easier
access from remote end-points, the need for regulatory compliances, and
the need for protection of enterprise data against disaster are other
major drivers behind the shift from the legacy ECM to the latest ones;
such as, cloud based solutions.

Notable Highlights

  • Growing Need for Securing Confidential Data and Protection against
    Data Loss
  • Cloud Based Solutions to Show the Highest Growth
  • Asia-Pacific to Show the Highest Growth

Key Developments in the Market

  • March 2018 - Epicor Software Corporation announced the latest release
    of the DocStar Enterprise Content Management solution. It is expected
    to enhance productivity and responsiveness by providing anytime access
    to capture, process, retrieve, search, share, and collaborate around
    documents critical to business transactions.
  • September 2017 - Konica Minolta Business Solutions announced the
    acquisition of Document Scanning Systems and Imaging, Inc. The
    acquisition is expected to allow the company to increase its customer
    base in the west, further fueling its fast-growing ECM business.
  • August 2017 - Qualcomm Technologies, Inc., and Himax Technologies,
    Inc. announced a collaboration to accelerate the development and
    commercialization of a high resolution, low power active 3D
    depth-sensing camera system.

Key Topics Covered

1. Introduction

2.Research Methodology

3. Executive Summary

4. Market Insights

5. Market Segmentation

6. Competitive Intelligence - Company Profiles

  • Alfresco Software Inc.
  • Box Inc.
  • Docuware GmbH
  • Epicor Software Corp.
  • Hewlett Packard Enterprise
  • IBM Corporation
  • Lexmark International Inc.
  • Microsoft Corp.
  • OpenText Inc.
  • Oracle Corp.
  • Xerox Corp.

7. Investment Analysis

8. Future Outlook of the Enterprise Content Management Market

For more information about this report visit https://www.researchandmarkets.com/research/sxs7bz/global_71_22_bn?w=4

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