Global Digital Asset Management Market - Trends Analysis, Company Usability Profiles & Forecasts to 2024
360iResearch predicts the global digital asset management market to grow from USD 1,714.15 million in 2016 to USD 9,142.65 million by 2024, at a Compound Annual Growth Rate (CAGR) of 23.28%. The year 2016 has been considered as the base year, while the forecast period is up to 2024.
The major forces driving the growth of the digital asset management market include the marketers embracing the digital asset management to improve marketing efficiency and eliminate workflow redundancies. Moreover, cloud-based deployment of dam tools is also one of the factors that is driving the market growth. However choosing right solution, and the complexity of the dam tools may hinder the market growth. In the middle of difficulty lies opportunity such as the incorporates product catalog management (pcm) and master data management (mdm), facilitates end-to-end process integration, and dam exploiting blockchain technology. The possible challenges for the market growth is sheer volume of digital content. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the global digital asset management market is studied across aerospace & defense, automotive & transportation & logistics, banking, financial services & insurance, building, construction & real estate, consumer goods & retail, education, energy & utilities, government & public sector, healthcare & life sciences, information technology, manufacturing, media & entertainment, telecommunication, and travel & hospitality. Based on geography, the global digital asset management market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the digital asset management market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Box, Inc., Brandfolder, Inc., Bynder B.V., Canto, Inc., Daminion Software, Extensis, Inc., PhotoShelter, Inc., Nuxeo SAS, Open Text Corporation, Percolate Industries, Inc., Salsify, Inc., Widen Enterprises, Inc., Wiredrive LLC, Cognizant Technology Solutions Corp., and censhare AG.
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the demand of digital asset management market. Moreover, the study highlights current market trends and provides forecast. We also have highlighted future trends in the digital asset management market that will impact the demand during the forecast period. Moreover, the competitive analysis of digital asset management market brings an insight on the company usability profiles of the leading players. Additionally, the analysis highlights business overview, product offering, SWOT analysis of the key companies in the market.
Reasons to Buy:
The digital asset management market research study reveals hidden insights and dynamic, which in turn helps the players in the ecosystem take better strategic decisions. The firms looking for purchasing the global digital asset management market research report could look for following prospects on their way to better understand the market that can aid further decision making and possibly identify the best opportunities to exploit.
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