TechNavio’s analysts forecast that the Global Enterprise Content Management will reach $9.6 Billion in 2014. One of the key factors contributing to this market growth is increased adoption of ECM in Small and Medium Enterprises (SME’s). The Enterprise Content Management market has also been witnessing need of collaboration between different business processes. However, increasing data overload could be a challenge to the growth of this market.
Key vendors dominating this market space include IBM Corp, Oracle Corp, EMC Corp, Microsoft Corp. and Open Text.
TechNavio’s Global Enterprise Content Management 2010-2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on Americas, Europe and Asia Pacific and covers the Enterprise Content Management market and its outlook in coming years.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
Report HighlightsRise of Data Rich Internet Applications is Driving Enterprise Content Management
Research conducted by Technavio reveals that the enterprise content management market is expected to grow at a CAGR of 15 percent. The report, which focuses on the Americas and EMEA indicates, that the market is currently driven by exponential increase in data rich internet applications, among other factors.
“Media companies in particular have been driving the need for enterprise content management. With their need to continuously upload and maintain website content, this technology and web content management in particular is fasting becoming an essential tool for them,” reports Technavio analyst.
In spite of the need, the inability to use data productively as a result of lack of skills hinders the growth of this market. However, the emergence of cloud based solutions is expected to contribute to market growth.
The enterprise content management market is marked by preference for manage-in-place or centralized content management solutions. This makes the study an important one for companies to fully understand the potential in the market and formulate its own strategy.
The report, Global Enterprise Content Management Market 2010-2014, is based on an extensive research from inputs by industry experts, vendors and end-users. It examines the factors- including the key trends, drivers and challenges, impacting the evolution of this market. Further, it contains an in-depth understanding of the key vendors including their SWOT Analysis.
Companies mentioned in this report include: IBM Corp., Oracle Corp., EMC Corp., Microsoft Corp. and Open Text.
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