The global market for ECM is projected to have considerable CAGR of around 11.5% during the forecast period. The market growth is attributed to various pivotal factors such as the growing demand for cloud-based ECM services associated with growing demand from small-medium sized enterprises (SMEs) across the globe. ECM system is designed to contain unstructured information such as drawings, files, and images. Its purpose is the delivery of the right content to the right person at the right time, and in the right context.
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The companies are adopting ECM solutions to organize their large volume of non-structured content and to make this information more accessible for users and these systems communicate with relational database backed solutions through a single interface. Moreover, a significant concern lies in dependence on traditional IT systems and technologies for the management of large amount of enterprise content, therefore creating significant demand of ECM solution across various enterprise.
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Global ECM Market Segmentation
IT & Telecom
Retail & E-commerce
Others(Media & Entertainment)
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Atlassian Pty Ltd.
Alfresco Software, Inc.
Ascend Software Inc.
Fabasoft International Services GmbH
Hyland Software, Inc.
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