Digital Asset Management Market Forecast Report 2022-2027

The recent report by IMARC Group, titled “Digital Asset Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global digital asset management market. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

The global digital asset management market reached a value of US$ 4.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 13.4 Billion by 2027, exhibiting at a CAGR of 19.2% during 2022-2027.

Digital Asset Management Market Overview:

Digital asset management (DAM) represents the software-based solutions that organizations use for organizing, sharing, storing, and recovering digital assets at a centralized location. It generally contains processed data files, text documents, engineering blueprints, web pages, audio, videos, etc. Brand assets, library assets, and production assets are some of the kinds of DAM solutions. They enhance team creativity by automating workflow, permission management, quick retrieval of media files and backup, etc., via streamlined cloud experiences and copyright functionalities.

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Global Digital Asset Management Market Trends:

The escalating adoption of cloud-based services is among the primary factors driving the digital asset management market. Besides this, the elevating demand for these solutions in workflow collaboration, automation, improving digital content, maintaining the transparency of operations, etc., is further augmenting the market growth. Apart from this, digital asset management offers various benefits, including real-time access to content, risk reduction of organizational data, asset misuse, user-friendly interface, etc., which is acting as another significant growth-inducing factor.

Moreover, the increasing popularity of digitization across industry verticals is also catalyzing the global market. Furthermore, the introduction of technological advancements, such as the Internet of Things (IoT), artificial intelligence (AI), face recognition services, etc., that offer higher scalability, improved access, and enhanced operational speeds is expected to bolster the digital asset management market in the coming years.

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Competitive Landscape:

Some of these key players include:

Cognizant Technology Solutions
OpenText Corporation
Adam Software
Canto Inc.
Celum
North Plains Systems
Mediabeacon Inc.
IBM Corporation
Widen Enterprises Inc.
Oracle Corporation
QBank
Webdam Inc

Key Market Segmentation Breakup by:

IMARC Group provides an analysis of the key trends in each sub-segment of the global digital asset management market, along with forecasts at the global, regional and country level from 2022-2027.

Component:

Solution
Services
- Consulting
- System Integration
- Support and Maintenance

Type:

Brand Asset Management System
Library Asset Management System
Production Asset Management System

Application:

Sales and Marketing
Broadcast and Publishing
Others

Organization Size:

Small and Medium-sized Enterprises
Large Enterprises

Deployment:

On-premises
Cloud

End-Use Sector:

Media and Entertainment
Banking, Financial Services and Insurance (BFSI)
Retail
Manufacturing
Healthcare and Life Sciences
Education
Travel and Tourism
Others

Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
COVID-19 Impact on the Market
Porter’s Five Forces Analysis
Historical, Current and Future Market Trends
Market Drivers and Success Factors
SWOT Analysis
Structure of the Market
Value Chain Analysis
Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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