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Digital Asset Management Market by Type - Global Opportunity Analysis and Industry Forecast, 2017-2023

  • ID: 4333220
  • Report
  • June 2017
  • Region: Global
  • 120 pages
  • Allied Analytics LLP

FEATURED COMPANIES

  • Adam Software Nv,
  • Emc Corporation,
  • Hewlett-Packard (Hp),
  • Ibm Corporation,
  • Northplains Systems,
  • Opentext Corporation,
Digital asset management (DAM) solutions enable end users to organize, store, and access rich media content, that includes video, image, audios, and text content. Further, DAM solutions are used to manage the digital rights and permission access of digital assets of an organization.

Rise in need for collaborative digital workflow especially for marketing activities has encouraged organizations to use advanced digital asset management solutions. Further, growth in need to meet the government’s compliance is anticipated to accelerate the market growth. However, high initial investment and lack of skilled workforce are some of the factors that are anticipated to hinder the market growth.

The digital asset management market is segmented on the basis of type, application, and geography. Based on the type, it is bifurcated into solution and service. By application, the digital asset management market is divided into sales, marketing, IT, and others segment. The marketing segment is anticipated to expand at the highest CAGR of around 15%, owing to rise in popularity of digital asset management solutions and services in marketing department especially for managing their workflow.

By geography, the digital asset management market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is anticipated to grow at the highest CAGR of around 16% during the forecast period. Rise in awareness among end-user industries and increase in end user expenditure on enhanced digital asset management solutions and services, owing to increase in need for efficient management of digital content is expected to fuel the market growth in this region.

The prominent companies operating in the global digital asset management industry have adopted expansion, partnership, and acquisition as their major strategies for business growth and expansion. The key players identified in the digital asset management market include ADAM Software NV, Adobe Systems Incorporated, Cognizant Technology Solutions Corp, EMC Corporation, Hewlett-Packard (HP), IBM Corporation, Northplains Systems, Opentext Corporation, Oracle Corporation, and Widen Enterprises.

KEY BENEFITS FOR STAKEHOLDERS

The study provides an in-depth analysis of the digital asset management market, with current and future trends to elucidate the imminent investment pockets.
Information related to key drivers, restraints, and opportunities coupled with their impact analysis is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers participating in the digital asset management market.
The quantitative analysis of the digital asset management market from 2016 to 2023 is provided to elaborate the market potential.

KEY MARKET SEGMENTS

BY TYPE

Solution
Service

BY APPLICATION

Sales
Marketing
IT
Others

BY REGION

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Rest of Europe
Asia-Pacific
Australia
Japan
China
India
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa

KEY MARKET PLAYERS PROFILED IN THE REPORT

ADAM Software NV
Adobe Systems Incorporated
Cognizant Technology Solutions Corp
EMC Corporation
Hewlett-Packard (HP)
IBM Corporation
Northplains Systems
Opentext Corporation
Oracle Corporation
Widen Enterprises
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adam Software Nv,
  • Emc Corporation,
  • Hewlett-Packard (Hp),
  • Ibm Corporation,
  • Northplains Systems,
  • Opentext Corporation,
CHAPTER 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

CHAPTER 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

CHAPTER 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets

3.3. PORTERS FIVE FORCES ANALYSIS

3.3.1. Bargaining power of suppliers
3.3.2. Threat of new entrants
3.3.3. Threat of substitutes
3.3.4. Competitive rivalry
3.3.5. Bargaining power among buyers

3.4. MARKET DYNAMICS

3.4.1. Drivers
3.4.2. Restraints
3.4.3. Opportunities

CHAPTER 4 DIGITAL ASSET MANAGEMENT MARKET, BY TYPE

4.1. OVERVIEW
4.2. SOLUTION

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast

4.3. SERVICE

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast

CHAPTER 5 DIGITAL ASSET MANAGEMENT MARKET, BY APPLICATION

5.1. OVERVIEW
5.2. SALES

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast

5.3. MARKETING

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast

5.4. IT

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast

5.5. OTHERS

5.5.1. Key market trends
5.5.2. Key growth factors and opportunities
5.5.3. Market size and forecast

CHAPTER 6 DIGITAL ASSET MANAGEMENT MARKET, BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast

6.2.3.1. U.S.

6.2.3.1.1. Market size and forecast

6.2.3.2. Canada

6.2.3.2.1. Market size and forecast

6.2.3.3. Mexico

6.2.3.3.1. Market size and forecast

6.3. EUROPE

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast

6.3.3.1. UK

6.3.3.1.1. Market size and forecast

6.3.3.2. Germany

6.3.3.2.1. Market size and forecast

6.3.3.3. France

6.3.3.3.1. Market size and forecast

6.3.3.4. Rest of Europe

6.3.3.4.1. Market size and forecast

6.4. ASIA-PACIFIC

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast

6.4.3.1. Australia

6.4.3.1.1. Market size and forecast

6.4.3.1. Japan

6.4.3.1.1. Market size and forecast

6.4.3.1. China

6.4.3.1.1. Market size and forecast

6.4.3.2. India

6.4.3.2.1. Market size and forecast

6.4.3.3. Rest of Asia-Pacific

6.4.3.3.1. Market size and forecast

6.5. LAMEA

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast

6.5.3.1. Latin America

6.5.3.1.1. Market size and forecast

6.5.3.2. Middle East

6.5.3.2.1. Market size and forecast

6.5.3.3. Africa

6.5.3.3.1. Market size and forecast

CHAPTER 7 COMPANY PROFILES

7.1. ADAM SOFTWARE NV

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves & developments

7.2. ADOBE SYSTEMS INCORPORATED

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves & developments

7.3. CONIZANT TECHNOLOGY SOLUTIONS CORP

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves & developments

7.4. EMC CORPORATION

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio

7.5. HEWLETT-PACKARD (HP)

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Key strategic moves & developments

7.6. IBM CORPORATION

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves & developments

7.7. NORTHPLAINS SYSTEMS

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments

7.8. OPENTEXT CORPORATION

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves & developments

7.9. ORACLE CORPORATION

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves & developments

7.10. WIDEN ENTERPRISES

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves & developments
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adam Software Nv,
  • Emc Corporation,
  • Hewlett-Packard (Hp),
  • Ibm Corporation,
  • Northplains Systems,
  • Opentext Corporation,
According to a new report by Allied Market Research, titled, Digital Asset Management Market by Type and Application: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global digital asset management market was valued at $1,928 million in 2016, and is projected to reach at $5,287 million by 2023, growing at a CAGR of 13.7% from 2017 to 2023. This is attributed to increase in need for advanced and real-time digital content management solutions and services among end-user industries.

Increased need for collaborative digital workflow especially for marketing applications has encouraged end-user industries to invest on enhanced digital asset management solutions and services. Furthermore, rise in need to meet the regulatory compliance and efficient data integration are estimated to fuel the market growth during the forecast period. However, high initial cost associated with the deployment of digital asset management solutions and lack of skilled professionals are some of the factors that are expected to hamper the market growth.
The service segment is projected to grow at the CAGR of around 18% during the forecast period. Increase in demand for enhanced content management solutions and rise in competition among end-user organizations globally are anticipated to boost the segment growth during the forecast period.
The IT segment dominated the market in 2016, whereas the marketing segment is projected to witness the highest CAGR of 15% during the forecast period. This is attributed to growth in adoption of real-time digital asset management solutions among marketing departments of end-user industries to assist sales department with up-to-date content.
Region wise, North America dominated the market, in terms of expenditure on digital asset management solutions and services, owing to high penetration of digital technologies among end-user industries. Moreover, the market in Asia-Pacific is projected to grow at the highest CAGR of around 16%, owing to increase in awareness among end-user industries about benefits of adoption of digital asset management solutions.
The global digital asset management market is characterized by the presence of international market players. These companies tend to expand their market presence by adopting strategies, such as product, strategic alliance, and acquisitions. Some of the key players operating in the digital asset management industry include ADAM Software NV, Adobe Systems Incorporated, Cognizant Technology Solutions Corp, EMC Corporation, Hewlett-Packard (HP), IBM Corporation, Northplains Systems, Opentext Corporation, Oracle Corporation, and Widen Enterprises.

Key Findings of the Digital Asset Management Market:
The service segment is expected to grow at the highest CAGR during the forecast period.
The IT segment dominated the digital asset management market with around 40% market share in 2016.
North America was the highest contributor in the overall digital asset management market in 2016; however, in terms of growth, the market in Asia-Pacific is estimated to grow at the highest rate.
U.S. led, in terms of expenditure on digital asset management solutions and services in 2016.
Note: Product cover images may vary from those shown
  • Adam Software Nv,
  • Adobe Systems Incorporated,
  • Cognizant Technology Solutions Corp,
  • Emc Corporation,
  • Hewlett-Packard (Hp),
  • Ibm Corporation,
  • Northplains Systems,
  • Opentext Corporation,
  • Oracle Corporation,
  • Widen Enterprises
Note: Product cover images may vary from those shown

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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