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Digital Asset Management Market by Type (Solution and Service) and Application (Sales, Marketing, IT, and Others) - Global Opportunity Analysis and Industry Forecast, 2017-2023

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Pages: 120
Jun 2017 | 832 Views
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Author's : Sumeet Pal
Tables: 50
Charts: 59
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Digital Asset Management Market Overview:

Digital Asset Management Market was valued at $1,928 million in 2016, and is projected to reach at $5,287 million by 2023, growing at a CAGR of 13.7% from 2017 to 2023. The Digital Asset Management Market incorporates end-user industries expenditure on digital asset management solutions and services to store, organize, access, and share their rich media content. The service segment includes end user expenditure on consulting, implementation, and training & support. Some of the popular digital asset management solutions are asset analytics, asset and metadata archiving, brand portals, creative tool integration, lifecycle & rights management, video management, and web content management integration.

Growth in demand for collaborative digital workflow especially for sales and marketing activities has encouraged end users to deploy enhanced digital asset management solutions and services. Moreover, increase in need for meeting government mandates to maintain transparency of operations, improvement in digital content, and reduction of operational costs are some of the major factors that are anticipated to fuel the market growth during the forecast period. However, high initial investment and lack of skilled workforce are estimated to limit end users to invest on digital asset management solutions and services.

The report includes the study of the digital asset management market that focus on various growth prospects and restraints, based on the regional analysis. The study highlights Porters Five Forces analysis for the market that comprises the impact of suppliers, competitors, new entrants, substitutes, and buyers.

The key players operating in the digital asset management industry include ADAM Software NV, Adobe Systems Incorporated, Cognizant Technology Solutions Corp, EMC Corporation, Hewlett-Packard (HP), IBM Corporation, Northplains Systems, Opentext Corporation, Oracle Corporation, and Widen Enterprises.

Segment Overview

The global digital asset management market is segmented based on type, application, and geography. Based on the type, it is bifurcated into solution and service segments. By application, it is divided into sales, marketing, IT, and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Digital Asset Management Market Segmentation

DIGITAL ASSET MANAGEMENT MARKET SEGMENTATION

The following graph signifies the growth potential of the digital asset management market by application. The marketing segment is estimated to grow at the highest CAGR of around 15%, owing to the increase in adoption of advanced digital asset management solutions and services.

Key Investment Pockets

DIGITAL ASSET MANAGEMENT MARKET KEY INVESTMENT POCKETS

Top Impacting Factors

DIGITAL ASSET MANAGEMENT MARKET TOP IMPACTING FACTORS

Collaborative Workflow

At present, collaborative workflow has high impact on the market growth due to increase in need for real-time and shared operations. Moreover, in the near future, growth in adoption of digital asset management solutions is anticipated to further increase the impact of the factor during the market growth. Thus, the overall impact of this factor is estimated to remain high throughout the forecast period.

Regulatory Compliance

At present, some specific group of industries, such as small and medium enterprises (SMEs) lack in adoption of digital asset management solutions and services due to high cost. Introduction of government acts and increase in competition are anticipated to encourage industries to invest into DAM solutions and services. Thus, the impact of this factor is anticipated to increase by the end of 2023.

High Initial Investment

At present, high-price associated with deployment of DAM solutions limit the end user investment. However, to stay ahead in the competition and meet the regulatory compliance, organizations are estimated to opt for digital asset management solutions. Thus, in the near future impact of this factor is expected to show a decline.

Lack of Skilled Workforce

At present, the impact of this factor on the market is high due to unavailability of skilled workforce, which limits the end users to invest into digital solutions and services. However, by 2023, the impact is estimated to decline due to availability of skilled workforce.

Key Benefits

  • The study provides an in-depth analysis of the digital asset management industry, with current and future trends to elucidate the imminent investment pockets.
  • Information related to key drivers, restraints, and opportunities and their impact analysis is provided.
  • Porters Five Forces analysis illustrates the potency of buyers and suppliers participating in the market.
  • The quantitative analysis of the market from 2016 to 2023 is provided to elaborate the market potential.

Digital Asset Management Market Key Segments:

By Type

  • Solution
  • Service

By Application

  • Sales
  • Marketing
  • IT
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • Australia
    • Japan
    • China
    • India
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

The Key Market Players Profiled in the Report:

  • ADAM SOFTWARE NV
  • ADOBE SYSTEMS INCORPORATED
  • COGNIZANT TECHNOLOGY SOLUTIONS CORP
  • EMC CORPORATION
  • HEWLETT-PACKARD (HP)
  • IBM CORPORATION
  • NORTHPLAINS SYSTEMS
  • OPENTEXT CORPORATION
  • ORACLE CORPORATION
  • WIDEN ENTERPRISES
 

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors

3.2.1.1. Collaborative workflow
3.2.1.2. Regulatory compliance
3.2.1.3. High initial investments
3.2.1.4. Lack of skilled workforce

3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS

3.3.1. Low bargaining power of suppliers
3.3.2. Low threat of new entrants
3.3.3. Low threat of substitutes
3.3.4. High competitive rivalry
3.3.5. High bargaining power among buyers

3.4. KEY PLAYER POSITIONING, 2016
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Collaborative workflow
3.5.1.2. Regulatory compliance

3.5.2. Restraints

3.5.2.1 High initial investments
3.5.2.2 Lack of skilled workforce

3.5.3. Opportunities

3.5.3.1. Rising Demand for Integrated Solutions
3.5.3.2. Increasing Requirements for SaaS-Based Solutions

Chapter: 4 DIGITAL ASSET MANAGEMENT MARKET, BY TYPE

4.1. OVERVIEW
4.2. SOLUTION

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast

4.3. SERVICE

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast

Chapter: 5 DIGITAL ASSET MANAGEMENT MARKET, BY APPLICATION

5.1. OVERVIEW
5.2. SALES

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast

5.3. MARKETING

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast
5.3.3. Key market trends, growth factors, and opportunities
5.3.4. Market size and forecast

5.4. OTHERS

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast

Chapter: 6 DIGITAL ASSET MANAGEMENT MARKET, BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast

6.2.2.1. North America digital asset management market by type
6.2.2.2. North America digital asset management market by application
6.2.2.3. North America digital asset management market by country

6.2.2.3.1. U.S.

6.2.2.3.1.1. Market size and forecast

6.2.2.3.2. Canada

6.2.2.3.2.1. Market size and forecast

6.2.2.3.3. Mexico

6.2.2.3.3.1. Market size and forecast

6.3. EUROPE

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast

6.3.2.1. Europe digital asset management market by type
6.3.2.2. Europe digital asset management market by application
6.3.2.1. Europe digital asset management market by country

6.3.2.1.1. UK

6.3.2.1.1.1. Market size and forecast

6.3.2.1.2. Germany

6.3.2.1.2.1. Market size and forecast

6.3.2.1.3. France

6.3.2.1.3.1. Market size and forecast

6.3.2.1.4. Spain

6.3.2.1.4.1. Market size and forecast

6.3.2.1.5. Italy

6.3.2.1.5.1. Market size and forecast

6.3.2.1.6. Rest of Europe

6.3.2.1.6.1. Market size and forecast

6.4. ASIA-PACIFIC

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast

6.4.2.1. Asia-Pacific digital asset management market by type
6.4.2.2. Asia-Pacific digital asset management market by application
6.4.2.3. Asia-Pacific digital asset management market by country

6.4.2.3.1. China

6.4.2.3.1.1. Market size and forecast

6.4.2.3.2. Japan

6.4.2.3.2.1. Market size and forecast

6.4.2.3.3. India

6.4.2.3.3.1. Market size and forecast

6.4.2.3.4. Singapore

6.4.2.3.4.1. Market size and forecast

6.4.2.3.5. South Korea

6.4.2.3.5.1. Market size and forecast

6.4.2.3.6. Rest of Asia-Pacific

6.4.2.3.6.1. Market size and forecast

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast

6.5.2.1. LAMEA digital asset management market by type
6.5.2.2. LAMEA digital asset management market by application
6.5.2.3. LAMEA digital asset management market by country

6.5.2.3.1. Latin America

6.5.2.3.1.1. Market size and forecast

6.5.2.3.2. The Middle East

6.5.2.3.2.1. Market size and forecast

6.5.2.3.3. Africa

6.5.2.3.3.1. Market size and forecast

Chapter: 7 COMPANY PROFILE

7.1. ADAM SOFTWARE NV

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Product portfolio
7.1.4. Key strategic moves and developments

7.2. ADOBE SYSTEMS INC.

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments

7.3. COGNIZANT TECHNOLOGY SOLUTIONS CORP.

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves & developments, 2014-2016

7.4. DELL EMC (RSA)

7.4.2. Company snapshot
7.4.3. Product portfolio
7.4.4. Business performance
7.4.5. Key strategic moves and developments

7.5. HEWLETT PACKARD ENTERPRISE (HPE)

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Product portfolio
7.5.4. Business performance
7.5.5. Key strategic moves and developments

7.6. IBM CORPORATION

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves & developments, 2014-2016

7.7. ORACLE CORPORATION

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves & developments, 2014-2016

7.8. OPENTEXT CORP.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Product portfolio
7.8.4. Key strategic moves and developments

7.9. NORTH PLAINS SYSTEMS CORP.

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Product portfolio
7.9.4. Key strategic moves and developments

7.10. WIDEN ENTERPRISES, INC.

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Product portfolio
7.10.4. Key strategic moves and developments

 LIST OF TABLES

TABLE 1. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 2. DIGITAL ASSET MANAGEMENT MARKET FOR SOLUTION SEGMENT, BY REGION, 2016-2023 ($MILLION)
TABLE 3. DIGITAL ASSET MANAGEMENT MARKET FOR SERVICE SEGMENT, BY REGION, 2014-2022 ($MILLION)
TABLE 4. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 5. DIGITAL ASSET MANAGEMENT MARKET FOR SALES SEGMENT, BY REGION, 2016-2023 ($MILLION)
TABLE 6. DIGITAL ASSET MANAGEMENT MARKET FOR MARKETING SEGMENT, BY REGION, 2016-2023 ($MILLION)
TABLE 7. DIGITAL ASSET MANAGEMENT MARKET FOR IT SEGMENT, BY REGION, 2014-2022 ($MILLION)
TABLE 8. DIGITAL ASSET MANAGEMENT MARKET FOR OTHER SEGMENT, BY REGION, 2014-2022 ($MILLION)
TABLE 9. DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2016-2023 ($MILLION)
TABLE 10. NORTH AMERICA DIGITAL ASSET MANAGEMENT MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 11. NORTH AMERICA DIGITAL ASSET MANAGEMENT MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 12. NORTH AMERICA DIGITAL ASSET MANAGEMENT MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 13. EUROPE DIGITAL ASSET MANAGEMENT MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 14. EUROPE DIGITAL ASSET MANAGEMENT MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 15. EUROPE DIGITAL ASSET MANAGEMENT MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 16. ASIA-PACIFIC DIGITAL ASSET MANAGEMENT MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 17. ASIA-PACIFIC DIGITAL ASSET MANAGEMENT MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 18. ASIA-PACIFIC DIGITAL ASSET MANAGEMENT MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 19. LAMEA DIGITAL ASSET MANAGEMENT MARKET, BY TYPE, 2016-2023 ($MILLION)
TABLE 20. LAMEA DIGITAL ASSET MANAGEMENT MARKET, BY APPLICATION, 2016-2023 ($MILLION)
TABLE 21. LAMEA DIGITAL ASSET MANAGEMENT MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 22. ADAM SOFTWARE NV: COMPANY SNAPSHOT
TABLE 23. ADAM SOFTWARE NV: PRODUCT PORTFOLIO
TABLE 24. ADOBE: COMPANY SNAPSHOT
TABLE 25. ADOBE: OPERATING SEGMENTS
TABLE 26. ADOBE: PRODUCT PORTFOLIO
TABLE 27. COGNIZANT TECHNOLOGY SOLUTIONS CORP.: COMPANY SNAPSHOT
TABLE 28. COGNIZANT TECHNOLOGY SOLUTIONS CORP.: OPERATING SEGMENTS
TABLE 29. COGNIZANT TECHNOLOGY SOLUTIONS CORP.: PRODUCT PORTFOLIO
TABLE 30. DELL EMC: COMPANY SNAPSHOT
TABLE 31. DELL EMC: PRODUCT PORTFOLIO
TABLE 32. HPE: COMPANY SNAPSHOT
TABLE 33. HEWLETT PACKARD ENTERPRISE (HPE): PRODUCT PORTFOLIO
TABLE 34. IBM: COMPANY SNAPSHOT
TABLE 35. IBM: OPERATING SEGMENTS
TABLE 36. IBM: PRODUCT PORTFOLIO
TABLE 37. ORACLE: COMPANY SNAPSHOT
TABLE 38. ORACLE: OPERATING SEGMENT
TABLE 39. ORACLE: PRODUCT PORTFOLIO
TABLE 40. OPENTEXT CORPORATION: COMPANY SNAPSHOT
TABLE 41. OPENTEXT CORPORATION: PRODUCT PORTFOLIO
TABLE 42. NORTH PLAINS SYSTEMS CORP.: COMPANY SNAPSHOT
TABLE 43. NORTH PLAINS SYSTEMS CORP.: PRODUCT PORTFOLIO
TABLE 44. WIDEN ENTERPRISES: COMPANY SNAPSHOT
TABLE 45. WIDEN ENTERPRISES, INC.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 1. GLOBAL DIGITAL ASSET MANAGEMENT MARKET SEGMENTATION
FIGURE 2. GLOBAL DIGITAL ASSET MANAGEMENT MARKET OVERVIEW, 2015 & 2022
FIGURE 3. DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2015 & 2022
FIGURE 4. TOP IMPACTING FACTORS
FIGURE 5. KEY INVESTMENT POCKETS
FIGURE 6. TOP WINNING STRATEGIES
FIGURE 7. KEY PLAYER POSITIONING, 2016 (%)
FIGURE 8. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY TYPE
FIGURE 9. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY SOLUTION, 2016-2023 ($MILLION)
FIGURE 10. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY SERVICE, 2016-2023 ($MILLION)
FIGURE 11. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY APPLICATION
FIGURE 12. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY SALES, 2016-2023 ($MILLION)
FIGURE 13. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY MARKETING, 2016-2023 ($MILLION)
FIGURE 14. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY IT, 2016-2023 ($MILLION)
FIGURE 15. GLOBAL DIGITAL ASSET MANAGEMENT MARKET, BY OTHER, 2016-2023 ($MILLION)
FIGURE 16. DIGITAL ASSET MANAGEMENT MARKET, BY REGION, 2016 (%)
FIGURE 17. NORTH AMERICA DIGITAL ASSET MANAGEMENT MARKET
FIGURE 18. U.S. DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 19. CANADA DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 20. MEXICO DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 21. EUROPE DIGITAL ASSET MANAGEMENT MARKET
FIGURE 22. UK DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 23. GERMANY DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 24. FRANCE DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 25. SPAIN DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 26. ITALY DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 27. REST OF EUROPE DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 28. ASIA-PACIFIC DIGITAL ASSET MANAGEMENT MARKET
FIGURE 29. CHINA DIGITAL ASSET MANAGEMENT MARKET, 2014-2022 ($MILLION)
FIGURE 30. JAPAN DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 31. INDIA DIGITAL ASSET MANAGEMENT MARKET, 2014-2022 ($MILLION)
FIGURE 32. SINGAPORE DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 33. SOUTH KOREA DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 34. REST OF ASIA-PACIFIC DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 35. LAMEA DIGITAL ASSET MANAGEMENT MARKET
FIGURE 36. LATIN AMERICA DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 37. MIDDLE EAST DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 38. AFRICA DIGITAL ASSET MANAGEMENT MARKET, 2016-2023 ($MILLION)
FIGURE 39. ADOBE: NET SALES, 2014-2016 ($MILLION))
FIGURE 40. ADOBE: REVENUE BY PRODUCT, 2016 (%)
FIGURE 41. ADOBE: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 42. COGNIZANT TECHNOLOGY SOLUTIONS CORP.: NET SALES, 2014-2016 ($MILLION)
FIGURE 43. COGNIZANT TECHNOLOGY SOLUTIONS CORP.: REVENUE BY PRODUCT, 2016 (%)
FIGURE 44. COGNIZANT TECHNOLOGY SOLUTIONS CORP.: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 45. DELL EMC: NET SALES, 2013-2015 ($MILLION)
FIGURE 46. DELL EMC: REVENUE BY PRODUCT, 2015 (%)
FIGURE 47. DELL EMC: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 48. HEWLETT PACKARD ENTERPRISE (HPE): NET SALES, 2014-2016 ($MILLION)
FIGURE 49. HEWLETT PACKARD ENTERPRISE (HPE): REVENUE BY PRODUCT, 2016 (%)
FIGURE 50. HEWLETT PACKARD ENTERPRISE (HPE): REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 51. IBM: NET SALES, 2014-2016 ($MILLION)
FIGURE 52. IBM: REVENUE BY PRODUCT, 2016 (%)
FIGURE 53. IBM: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 54. ORACLE: NET SALES, 2014-2016 ($MILLION)
FIGURE 55. ORACLE: REVENUE SHARE BY BUSINESS, 2016 (%)
FIGURE 56. ORACLE: REVENUE SHARE BY GEOGRAPHY, 2016 (%)
FIGURE 57. OPENTEXT CORPORATION: NET SALES, 2014-2016 ($MILLION)
FIGURE 58. OPENTEXT CORPORATION: BY PRODUCT AND SERVICE 2016 (%)
FIGURE 59. OPENTEXT CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2016 (%)

 

The global digital asset management market is anticipated to witness considerable growth, especially in Asia-Pacific and LAMEA. This is attributed to the rise in awareness among end-user industries about the benefits of adoption of digital asset management solutions and services and increase in digital expenditure by end-user organizations.

The digital asset management solutions enable user to manage digital asset efficiently and ensure that appropriate content is delivered to the right person. Furthermore, these solutions help creative and marketing teams to streamline their tasks and operations by providing a common place to store, share, and track the rich media content.

In the past few years, digitization among end-user verticals have increased at a tremendous rate. To sustain the competition organizations are anticipated to invest on advance digital asset management solutions and services.
Some key players-operating in the digital asset management market-focus on enhancing their expertise in digital content management by acquiring well-established, start-ups, and local firms. For instance, in 2014, Oracle Corporation acquired Front Porch Digital-a content storage management solution provider-to strengthen its capabilities in rich media content management market.

The key players-operating in the digital asset management industry-are anticipated to develop industry-specific solutions to expand their presence among end-user industries. Moreover, cloud-based digital asset management solutions equipped with advanced integration features are anticipated to create significant growth opportunities for prominent players.

 

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