Digital Asset Management Software Market is Predicted to Develop at a Healthy CAGR between 2016- 2022

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iCrowdNewswire   Jan 14, 2021  3:28 AM ET

Digital asset management software, simply put, is an effective solution for companies to store, organize, share, retrieve, and find the digital files in the organization from outside as and when needed. 

Market Segmentation

The MRFR report highlights an inclusive segmental analysis of the global digital asset management software market based on component, application, deployment type, organization size, and end user. 

By component, the global digital asset management software market is segmented into service and solutions. Of these, solutions will lead the market over the forecast period. 

By application, the global digital asset management software market is segmented into broadcast and publishing, marketing, and enterprise. Of these, the marketing application will dominate the market over the forecast period. 

By deployment type, the global digital asset management software market is segmented into on-premise and cloud. Of these, the on-premise deployment type segment will have a major share in the market over the forecast period. 

By organization size, the global digital asset management software market is segmented into large enterprises and small & medium enterprises. Of these, the small and medium enterprises will command the largest share in the market over the forecast period. 

By end user, the global digital asset management software market is segmented into travel and tourism, education, healthcare, manufacturing, consumer goods and retail, BFSI, media and entertainment, and others. Of these, media and entertainment will spearhead the market over the forecast period. 

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Regional Analysis

Based on the region, the global digital asset management software market report covers the growth opportunities and recent trends across the Asia Pacific (APAC), North America, Europe, & the Rest of the World (RoW). Of these, North America will dominate the market over the forecast period. Growing governmental concern towards the environment, such as to save paper, increasing adoption of cloud technology, pervasive evolution of social media, demand for analytics, and availability of customized tools for consumers are adding to the global digital asset management software market growth in the region. 

The global digital asset management software market in the APAC region is predicted to have healthy growth over the forecast period. Increasing adoption of digital and cloud technology among large and SMEs to augment employee productivity is adding to the global digital asset management software market growth in the region. 

The global digital asset management software market in Europe is predicted to have admirable growth during the forecast period, and in the Rest of the World is predicted to have sound growth over the forecast period. 

Key Players 

Eminent contenders profiled in the global digital asset management software market report include MediaBeacon Inc. (U.S.), Celartem Inc. (U.S.), Widen (U.S.), CELUM (Austria), EMC Corporation (U.S.), Cognizant Technology Solutions (U.S.), HP (U.S.), IBM Corporation (U.S.), Adobe Systems (U.S.), and Oracle Corporation (U.S.), among others. 

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