Digital Asset Management Market : Global Industry Trends, Share

• Posted by Shambhu H October 21, 2021 - Filed in Business - #digital asset management Market CAGR  #digital asset management Market Demand  #digital asset management Market Forecast  #digital asset management Market Growth  - 81 views

  Global Digital Asset Management Market is expected to cross USD 4,165 Million by 2027, exhibiting a CAGR of 14.5% from 2021 to 2027.

  Our report on the digital asset management market provides a holistic analysis, market size and forecast, trends, growth drivers and challenges, as well as a vendor analysis covering around 25 vendors. The report provides an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the shift from local to SaaS and increased use of DAM in the retail, media and entertainment industries. In addition, the move from facilities to SaaS is also expected to drive market growth.

  Digital Asset Management (DAM) refers to a software-based solution used by organizations for the rapid storage, retrieval, and utilization of digital assets. These assets generally include processed data files, engineering drawings, text documents, web pages, audios, videos, and graphics. DAM solutions allow the authorized user to retrieve, review, edit and share data through a centralized interface. Apart from this, they automate workflow, manage permissions through copyright functionalities, and optimize the cloud experience for users. Because of these benefits, they find wide application in various industries including banking, financial services and insurance (BFSI), retail, manufacturing, information technology (IT), education, etc.

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  Top Key Players Covered in Digital Asset Management Market are:

  Adobe, Cognizant Technology Solutions, Dell EMC, HP, IBM, ADAM Software, Adgistics, Adnovate, Aetopia, Amazon, AssetBank, BrandWizard, Brandworkz, Bynder, Canto, Celum, ConceptShare, DMX, Google, GRR System, Digizuite, Hyland, MediaBeacon, MediaSilo, MediaValet, Microsoft, North Plains Systems, Nuxeo, OpenText

  Impact of covid-19 on Digital Asset Management Market:

  • The novel coronavirus has led to an increase in the adoption of remote working system which hiked the demand for digital management assets as well.
  • The demand for collaborative digital workflow, on the other hand, has significantly increased during remote working culture.
  • The rise in digital workflow all across the world and growth in digital content has further resulted in increased demand for digital asset management.

  Key Market Segmentation:

  Introspective Market Research Group provides an analysis of the key trends in each sub segment of the global Digital Asset Management market report, alongside growth forecasts on a global, regional, and national level for the period 2021-2027. Our report has categorized the market by type, component, application, implementation, organization size, and end-use sector.

  The Digital Asset Management: market is segmented on the basis of Deployment such as:

  • On-premise
  • Cloud

  The Digital Asset Management: market is segmented on the basis of Application such as:

  • IT
  • Media & Entertainment
  • Sales
  • Others

  Regions and Countries Level Analysis:

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
  • Asia-Pacific (China, India, Japan, Southeast Asia etc.)
  • South America (Brazil, Argentina etc.)
  • Middle East & Africa (Saudi Arabia, South Africa etc.)

  With changing customer behavior, the number of digital assets and the rate at which they get rich is rapidly increasing across all businesses. Businesses are rapidly turning to the cloud for digital asset storage due to the massive increase in the volume of digital assets. Therefore, the increased adoption of cloud-based delivery, as they provide low-cost licensing, deployment and maintenance compared to locally hosted content, is expected to drive the digital asset management market.

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  Key Benefits for Digital Asset Management Market:

  • The study provides an in-depth analysis of the digital asset management industry, using current and future trends to elucidate impending investment pockets.
  • Information related to key drivers, constraints and opportunities and their impact analysis is provided.
  • Porters Five Forces analysis illustrates the potency of buyers and vendors participating in the digital asset management market.
  • The quantitative analysis of the digital asset management market from 2016 to 2023 is provided to elaborate the market potential.

  Introspective Market Research provides discounts on every report. We can offer Customization of the reports as per your requirements in affordable prices. Get in touch with our sales team(sales@introspectivemarketresearch.com), who will guarantee you a report that suits your needs.

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  Key Questions Answered in This Report:

  • How has the global digital asset management market performed so far and how will it perform in the coming years?
  • What are the key regional markets?
  • What has been the impact of COVID-19 on the global digital asset management market ?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the deployment?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the end-use sector?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the market?
  • What is the structure of the global digital asset management market and who are the key players?
  • What is the degree of competition in the market?

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  Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assist our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients flourish their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specialized in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build better tomorrow for all of us. We are a technology-driven research company, we analyse extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.

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