About Cloud-based Digital Asset Management
DAM systems are software solutions that help manage enterprise digital content such as images, videos, texts, and audio files. Organizations can manage digital content through cloud-based DAM systems available on the Internet. Cloud-based solutions are cost-effective and flexible IT solutions with pay-per-use options. Vendors offer cloud-based DAM solutions to help companies manage digital content through a centralized IT environment.
Technavio’s analysts forecast the global cloud-based DAM market to grow at a CAGR of 20.9% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global cloud-based DAM market for 2016-2020. To calculate the market size, the report considers the revenue generated from cloud-based solutions to manage enterprise digital assets.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Cloud-based Digital Asset Management Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Cloud-based Digital Asset Management Market: Adobe, Cognizant, EMC, HP, and IBM.
Other Prominent Vendors in the market are: ADAM Software, Amazon, Canto, Filecamp, Google, MediaBeacon, Microsoft, North Plains, OpenText, and Widen.
Commenting on the report, an analyst from Technavio’s team said: “DAM solutions now use analytical tools to manage digital assets in organizations. Digital content can be analyzed using analytical tools for key business decision-making process. Analytical solutions such as cloud-based content analytics and asset tracking solutions help organizations to manage large sets of data captured from mobile applications and smart connected devices.”
According to the report, the increased use of mobile devices and software has helped organizations to create rich content. Organizations now rely on digital media for most of their functions. They are increasingly adopting office document solutions to generate rich media and create more compelling content. This is driving organizations to shift from static to dynamic documents.
Further, the report states that data privacy and security risks are major barriers to the adoption of cloud-services in organizations, especially in the public cloud.
Adobe, Cognizant, EMC, HP, IBM, ADAM Software, Amazon, Canto, Filecamp, Google, MediaBeacon, Microsoft, North Plains, OpenText, Widen.