Enterprise Content Management (ECM) Market size was at USD 40.62 billion in the year 2019 and expected to surpass over USD 127 billion by the year 2026 while registering over 18.1% in the forecast period. The Enterprise Content Management systems are deployed to efficiently manage the data generated by the organization. The different strategies, methods, tools combine to manage the data while reducing the risks and enhancing productivity. The primary function of any Global Enterprise Content Management solution is to reduce the clutter made in the organization or firm. The Enterprise Content Management solutions help the organization in attaining the process visibility and accessibility throughout the project. Since the mainstream organizations and bigger players generate gigabytes of data from the sensors, smart devices, and various other resources, the necessity of managing the receiving data is increased.

Global enterprise content management (ECM) market size seems quite obvious to grow in this era of digitization. This revolution of digitization has made growth in usage of signature capturing tools. High-end ECMs are quite useful for letting clients sign documents digitally. The same has boosted the use of enterprise content management software. Using a powerful ECM, a customer can manage to sign the documents digitally.  Basically, the eSignature solution is made up of software for signing documents through electronic mode. 

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Electronic signatures enable companies to sign documents electronically from anywhere. With growing digitization and growing dependencies upon electronic signatures, enterprise content management market growth seems obvious. Growth in cloud technology is also one of the crucial reasons one must consider. The consistent inclusion of social collaboration software has made the prospects of ECM solutions. No surprise to see further growth of enterprise content management technology in upcoming future. This is mainly because the volume of contents being developed and stored has grown immensely. Advancement of cloud and other technologies are expected to boost demand for greater usability at end-user level is very much expected to widen prospects of enterprise content management market trend.   

Enterprise Content Management (ECM) Market Segmentation

Global enterprise content management market research report can be segmented on the basis of components, in terms of solutions, in terms of services, in terms of professional services, on the basis of deployment mode, on the basis of organization size, in terms of business function, and on the basis of vertical. Enterprise Content Management Market Research Report classifies the ECM market into solutions and services on the basis of components. Similarly, the Enterprise Content Management (ECM) Market Analysis divides the market into Content Lifecycle Management, Document Imaging and Management, Web Content Management, Digital Asset Management, Mobile content management, eDiscovery, and eSignature. In terms of services, the Enterprise Content Management (ECM) Industry is divided into professional and managed services. On the basis of professional services, the market is classified into Training and Consulting, Deployment and Integration, and Support and Maintenance. In terms of deployment mode, the Global Enterprise Content Management (ECM) Market can be divided into cloud and on-premise.  

In terms of organization size, the market is segmented into Large Enterprises and Small and Medium-sized Enterprises (SMEs). Based on business functionit is divided into Accounting and LegalHR OperationsSales and Marketing, and Procurement and Supply Chain Management. On the basis of vertical, the ECM market is divided into BFSI, Government, Manufacturing, Telecom and IT, Retail and eCommerce, Healthcare and Life Sciences, Media and Entertainment, Transportation and Logistics, and Others.

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Enterprise Content Management (ECM) Market Regional analysis:

Regionally, the global Enterprise Content Management (ECM) Market can be segmented into North America, Europe, APC, MEA, and Latin America. North American market can be further segmented into United States and Canada in terms of major Enterprise Content Management (ECM) Market share. European market can be further classified into United Kingdom, Germany, France, and Rest of Europe. APAC market can be classified to China, Japan, Australia and New Zealand, and others. Coming to MEA, the international ECM market is segmented into Middle East and Africa. Similarly, the Latin American market can be segmented into Brazil, Mexico, and Rest of Latin America.

Enterprise Content Management (ECM) Market Key Players 

  • Xerox Corporation (Connecticut, U.S.)
  • OpenText Corporation (Ontario, Canada)
  • Epicor Software Corp.(Texas, U.S.)
  • Adobe Inc. (California, U.S.)
  • Laserfiche (California, U.S.)
  • Datamatics Global Services Limited (Mumbai, India)
  • M-files Corporation (Texas, U.S.)
  • Kyocera Corporation (Kyoto, Japan)
  • Docuware Corporation (Germering, Germany)
  • Ascend Software (California, U.S.

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Industry news

IBM came up with IBM Automation Mobile Capture in March last year, which is considered as a user-friendly application for capturing photos and documents through machine learning and OCR technologies. Automation Mobile Capture is already integral to the IBM Datacap V9.1.6 and IBM FileNet Content Manager V5.5.4. It also works fine with IBM Content Navigator V3.0.6.

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY 24

1.1 MARKET ATTRACTIVENESS ANALYSIS 26

2 MARKET INTRODUCTION 27

2.1 DEFINITION 27

2.2 SCOPE OF THE STUDY 27

2.3 RESEARCH OBJECTIVE 27

2.4 MARKET STRUCTURE 28

3 RESEARCH METHODOLOGY 29

4 MARKET INSIGHTS 36

5 MARKET DYNAMICS 38

Continued....

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