Global Digital Asset Management 2015-2019
About Digital Asset Management
Digital asset management is a business process that organizes, stores, and retrieves rich media content, apart from managing digital rights and permissions. Rich media assets include music, videos, photos, animations, podcasts, and other multimedia content. It consists of management tasks and decisions surrounding the ingestion, cataloging, storage, retrieval, and distribution of digital assets.
Technavio's analysts forecast the global digital asset management market to grow at a CAGR of 21.7 percent over the period 2014-2019.
Covered in this Report
The global digital asset management market can be categorized into two: Web content integration market and digital content management market. This report covers information about the market share of the global digital asset management market by geography based on the three key regions of the Americas, EMEA, and APAC.
Technavio's report, Global Digital Asset Management Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Digital Asset Management Market 2015-2019
Technavio recognizes the following companies as the key players in the global digital asset management market: Cognizant, EMC, HP, IBM and Oracle
Other Prominent Vendors in the market are: ADAM Software, Adgistics, Adnovate, Adobe, Aetopia, Asset Bank, Brand Wizard, Brandworkz, Bynder, Canto, Celum, ConceptShare, DMX, Duraspace, EMC, Entermedia, Extensis, Filecamp, Fotoware, Genus, Global edit, GRR System, House & Co., HP Autonomy, Hyland, MediaBeacon, MediaSilo, Mediavalet, MerlinOne, Microsoft, Northplains, Nuxeo, OpenText, PicturePark, Pixfolia, ResourceSpace, Saepio, SDL, Third Light, WebDAM and Widen
Commenting on the report, an analyst from Technavio’s team said: “Over the past five years, vendors in the market have been constantly innovating to improve the customer experience. Vendors are moving to cloud-based offerings instead of on-premise solutions, as the former offer drag-and-drop functionality, mobile accessibility, and more intuitive services than on-premise offerings. Vendors are targeting companies of all sizes, offering affordable options for all business users and their digital asset needs. These solutions offer low-cost options and the rapid deployment of services. However, to ensure security, companies need to comply with government regulations.”
According to the report, industries are gradually focusing on the digital medium to market their products. The near ubiquity of the Internet and widespread use of mobile devices, along with rising online usage, have encouraged companies to consider DAM solutions as an add-on factor to boost business development initiatives. The media and entertainment industry has been increasingly using DAM solutions to manage massive digital content. Industries continue to leverage DAM solutions with technologies such as next-generation interactive services, SEO, and mobility.
Further, the report states that employees involved in traditional methods of document handling are reluctant to move toward electronic record management solutions.
Cognizant, EMC, HP, IBM,Oracle, ADAM Software, Adgistics, Adnovate, Adobe, Aetopia, Asset Bank, Brand Wizard, Brandworkz, Bynder, Canto, Celum, ConceptShare, DMX, Duraspace, EMC, Entermedia, Extensis, Filecamp, Fotoware, Genus, Global edit, GRR System, House & Co., HP Autonomy, Hyland, MediaBeacon, MediaSilo, Mediavalet, MerlinOne, Microsoft, Northplains, Nuxeo, OpenText, PicturePark, Pixfolia, ResourceSpace, Saepio, SDL, Third Light, WebDAM, Widen
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