The global market for ECM is projected to have considerable CAGR of around 11.5% during the forecast period. The market growth is attributed to various pivotal factors such as the growing demand for cloud-based ECM services associated with growing demand from small-medium sized enterprises (SMEs) across the globe. ECM system is designed to contain unstructured information such as drawings, files, and images. Its purpose is the delivery of the right content to the right person at the right time, and in the right context. The companies are adopting ECM solutions to organize their large volume of non-structured content and to make this information more accessible for users and these systems communicate with relational database backed solutions through a single interface. Moreover, a significant concern lies in dependence on traditional IT systems and technologies for the management of large amount of enterprise content, therefore creating significant demand of ECM solution across various enterprise.
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The global ECM market is segmented based on deployment and industry. Based on the deployment, the market is further classified into cloud-based and on-premises. On the basis of industry the market is further segregated into BFSI, manufacturing, healthcare, government, IT & telecom, retail & e-commerce and others. Moreover, IT & telecom industry have considerable growth owing to growing demand to manage IT infrastructure such as data center infrastructure content. In addition, the growing demand for constant inspection, monitoring, and maintenance of components of the telecommunications network is driving the market growth in IT & telecom industry.
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Market Segmentation
Global ECM Market by deployment
- Cloud-based
- On-Premises
Global ECM Market by Industry
- BFSI
- Manufacturing
- Healthcare
- Government
- IT & Telecom
- Retail & E-commerce
- Others(Media & Entertainment)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Adobe Inc.
- Atlassian Pty Ltd.
- Alfresco Software, Inc.
- Ascend Software Inc.
- Box, Inc.
- Everteam
- Fabasoft International Services GmbH
- Hyland Software, Inc.
- IBM Corp.
- Laserfiche
- Microsoft Corp.
- M-Files Inc.
- Newgen Software Technologies Ltd.
- Nuxeo
- Oracle Corp.
- Open Text Corp.
- Objective Corporation Ltd.
- SAP SE
- Veeva Systems Inc.
- Xerox Corp.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global ECM market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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