North America Artwork Management Software Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Deployment (On-Premise and Cloud) and Application (Life-Sciences, Retail, Manufacturing, and others)

Cloud segment to Dominate the North America Artwork Management Software Market during 2020-2028

According to this research study titled “North America Artwork Management Software Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Deployment and Application,” the market is expected to reach US$ 433.97 million by 2028 from US$ 232.92 million in 2021. The market is estimated to grow at a CAGR of 9.3% from 2021 to 2028. The report provides trends prevailing in the North America artwork management software market along with the drivers and restraints pertaining to the market growth. Growing pharmaceutical and life science business, Scaling FMCG industry worldwide, and acceptance of new and Arrival of cloud-based artwork management platform are the major factor driving the growth of the artwork management software market. However, ordinary artwork management challenges hinder the growth of artwork management software market.

Favorable government policies to boost innovation and reinforce infrastructure capabilities, North America have the highest acceptance and development rate of emerging technologies. Any impact on industries is therefore projected to have a negative influence on the region's economic development. Currently, due to the COVID-19 outbreak, the US is the world's worst affected country, thus affecting the sudden stands still across all the industries present in the region. The US is the worst-hit country in North America, with millions of infected individuals facing severe health conditions across the country. Since the US has a larger density of artwork management market players, the outbreak has severely affected the production of each. This factor has spurred the adoption of artwork management among artwork designers. However, on the negative side, the slower than usual production had adversely affected the growth of the market during the initial months of COVID-19 spread when the restriction on human movement was stringent. The artwork management tool market players in these two countries had experienced a downfall in production quantities and deliveries and revenues as a result of lesser human movement during the first phase of the virus phase and closure of manufacturing units. However, due to growth in life science applications, the demand for artwork management tool has increased.

North America artwork management software market is segmented based on deployment and application. The North America artwork management software market based on deployment is segmented into On-premise and cloud. Cloud segment accounted for the highest share in the market in 2020 is expected to be fastest growing during forecast period. Based on application, is segmented into life sciences, retail, manufacturing, and others. The life sciences segment accounted for the highest share in 2020 and retail segment is expected to be the fastest growing during forecast period

enLabel Global Services; Karomi Inc.; Loftware, Inc.; Perigord Life Science Solutions; Freyr.; Greatfour System; Esko-Graphics BV.; Twona.; Kallik; and Lascom are among some of the leading companies in the North America artwork management software market. The market players focus on new product innovations and developments in order to achieve sustainable growth and to distinguish themselves among competitors present in the highly competitive artwork Management Software Market. For instance, Loftware and NiceLabel Combine, Extend Global Leadership in Enterprise Labeling and Artwork Management. This merger provides consumers and partners with a wider range of solutions, as well as improved labelling capabilities and the advantages of increased cloud-based investment.

The report segments the North America Artwork Management Software Market as follows:

North America Artwork Management Software Market - By Deployment

• On-premise
• Cloud

North America Artwork Management Software Market - By Application

• Life Sciences
• Retail
• Manufacture
• Others

North America Artwork Management Software Market - By Country

• US
• Canada
• Mexico