Cloud Enterprise Content Management - Global Market Trajectory & Analytics

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

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