Global Cloud Enterprise Content Management Market to Reach $122 Billion by 2027
Amid the COVID-19 crisis, the global market for Cloud Enterprise Content Management estimated at US$18.7 Billion in the year 2020, is projected to reach a revised size of US$122 Billion by 2027, growing at a CAGR of 30.7% over the period 2020-2027. Document Management, one of the segments analyzed in the report, is projected to record a 28.4% CAGR and reach US$23.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Workflow Management segment is readjusted to a revised 36.2% CAGR for the next 7-year period.The U.S. Market is Estimated at $8.1 Billion, While China is Forecast to Grow at 37.5% CAGR
The Cloud Enterprise Content Management market in the U.S. is estimated at US$8.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$12.4 Billion by the year 2027 trailing a CAGR of 37.5% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.9% and 28.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 28.2% CAGR.Content Management Segment to Record 34.6% CAGR
In the global Content Management segment, USA, Canada, Japan, China and Europe will drive the 34.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$2.3 Billion in the year 2020 will reach a projected size of US$18.3 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.Select Competitors (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 Corporation
- OpenText Corporation
- Oracle Corporation
- SERgroup Holding International GmbH
- Xerox Holdings Corporation
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to a digital archives and Research Platform
- Complimentary updates for one year
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Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | July 2022 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 18.7 Billion |
Forecasted Market Value ( USD | $ 122 Billion |
Compound Annual Growth Rate | 30.7% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLD
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
IV. COMPETITION
Companies Mentioned
A selection of companies mentioned in this report includes:
- 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 Corporation
- OpenText Corporation
- Oracle Corporation
- SERgroup Holding International GmbH
- Xerox Holdings Corporation