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Cloud Enterprise Content Management Market Worth 34.42 Billion USD by 2022


News provided by

MarketsandMarkets

12 May, 2017, 11:30 GMT

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PUNE, India, May 12, 2017 /PRNewswire/ --

According to a new market research report "Cloud Enterprise Content Management Market by Solution (Document Management, Case Management, Workflow Management, Record Management, and E-Discovery), Service, Deployment Model, Organization Size, Vertical, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the Cloud Enterprise Content Management (ECM) Market size is estimated to grow from USD 9.77 Billion in 2017 to USD 34.42 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 28.6% during the forecast period.

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Browse 63 market data tables and 60 figures spread through 139 pages and in-depth TOC on "Cloud Enterprise Content Management Market "

http://www.marketsandmarkets.com/Market-Reports/cloud-enterprise-content-management-market-20750857.html
Early buyers will receive 10% customization on this report.

The demand for Cloud Enterprise Content Management Market is driven by factors, such as exponential growth in digital content across enterprises, easier access from remote end-points, and protection of enterprise data against disaster. With the increase in the adoption rate of cloud computing among enterprises, the cloud ECM market is expected to gain a major traction during the forecast period.

The document management solution segment is expected to contribute the largest market share 

On the basis of solutions, the document management segment is expected to hold the largest market share. There has been a tremendous increase in the volume of documents generated in an enterprise on a daily basis; thus, this increases the need to manage and store the generated data. The solution ensures streamlining of business information. The right information available at the right time from the right source can significantly improve the productivity of a system.

Ask for PDF Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=20750857

Managed services are expected to grow at the highest CAGR during the forecast period 

With the increasing deployment of cloud computing, the services segment is expected to grow in the future. The managed services segment is expected to grow at the highest CAGR during the forecast period. Managed service providers deliver third-party infrastructure services that help organizations manage billing process for their products and services. Vendors offering these services focus on improving the overall business efficiency, enhancing scalability, and reducing IT costs.

North America is expected to contribute the largest market share, whereas Asia Pacific (APAC) to grow at the fastest CAGR during the forecast period 

North America is expected to hold the largest market share and dominate the Cloud Enterprise Content Management Market from 2017 to 2022. The region has been extremely responsive towards adopting the latest technological advancements such as integration technologies with cloud and mobile technologies within ECM solutions. The major growth drivers for this region are the large-scale investments in the implementation of ECM solutions due to the growth in ecommerce applications and need for better control and visibility mechanisms.

The APAC region is in the initial growth phase; however, it is the fastest-growing region in the global cloud ECM market. The rapid adoption of smartphones and other electronic devices in the APAC region leads to digitalization of voluminous paper data into an electronics format, thereby resulting in more adoption of ECM solutions to manage the electronic data.

The major vendors providing cloud ECM are Alfresco Software, Inc. (California, US), ASG Technologies (Florida, US), Box, Inc. (California, US), Docuware (Germering, Germany), Epicor Software Corporation (Texas, US), Everteam((Paris, France), Fabsoft Software, Inc. (New Jersey, US), Hewlett Packard Enterprise  (California, US), Hyland Software, Inc. (Ohio, US), IBM Corporation (New York, US), Laserfiche (California, US), Lexmark International, Inc. (Kentucky, US), MaxxVault LLC (New York, US), M-Files Corporation(Texas, US), Microsoft Corporation (Washington, US), Micro Strategies Inc. (New Jersey, US), Newgen Software Inc.(New Delhi, India), Nuxeo (New York, US), Objective Corporation (New South Wales, Australia), OpenText orporation (Ontario, Canada), Oracle Corporation (California, US), SER Group (Bonn, Germany),  and Xerox Corporation (Connecticut, US).

Inquiry Before Buying @ http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=20750857

Browse Related Reports  

Enterprise Content Management Market by Solution (Enterprise Document Management, Enterprise Web Content Management, Records Management, eDiscovery, and others), Deployment Type, User Type, Vertical and Region - Global Forecasts and Analysis to 2021

http://www.marketsandmarkets.com/Market-Reports/enterprise-content-management-market-226977096.html

Cloud Collaboration Market by Solution & Service (UCC, Document Management System, Project and Team Management, Enterprise Social Collaboration & Training, Consulting and Integration and Support and Maintenance), by Region - Global Forecast to 2021

http://www.marketsandmarkets.com/Market-Reports/cloud-collaboration-market-204230770.html

Know More About our Knowledge Store @ http://www.marketsandmarkets.com/Knowledgestore.asp

About MarketsandMarkets™  

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.


Contact:
Mr. Rohan
MarketsandMarkets™
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Suite 2175, Seattle,
WA 98101, United States
Tel: +1-888-600-6441
Email: sales@marketsandmarkets.com


Visit Our Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
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