The report "Global Digital Asset Management Market - Premium Insight, Industry Trends, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q3 2018 Update)", published by 360iResearch, states that the global market was valued at USD 1,714.15 million in 2016 and is projected to reach USD 9,142.65 million by 2024, growing at a CAGR of 23.28% from 2016 to 2024.
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The major forces driving the growth of the digital asset management market include the marketers embracing dam to improve marketing efficiency and eliminate workflow redundancies. Moreover, cloud-based deployment of dam tools is also one of the factors that is driving the market growth. However choosing right solution, and complexity associated with the dam tools may hinder the market growth. In the middle of difficulty lies opportunity such as the incorporates product catalog management (pcm) and master data management (mdm), end-to-end process integration, and blockchain technology integrated with dam. The possible challenges for the market growth is voluminous digital content. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on industry, the global digital asset management market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Based on deployment, the global digital asset management market is studied across On-Cloud, and On-Premises. Based on geography, the global digital asset management market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the digital asset management market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Box, Inc., Brandfolder, Inc., Bynder B.V., Canto, Inc., Cognizant Technology Solutions Corp., Daminion Software, Extensis, Inc., Nuxeo SAS, Open Text Corporation, Percolate Industries, Inc., PhotoShelter, Inc., Salsify, Inc., Widen Enterprises, Inc., Wiredrive LLC, and censhare AG.
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Miss. Shikha Sachan
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