According to a new market research report "Digital Asset Management Best Practices and Market by application (Asset
Management, Digital Asset Management Integration, Intellectual Property
Management, Social Media Management, and Analytics) - Global Forecast to
2022",
published by MarketsandMarkets™, Digital asset management is adopted by companies
across the globe to reduce the rising costs and to standardize business
processes across the organization. Thus, due to increased digitization and
mobility among enterprises, digital asset management providers are increasing
their efforts to boost their revenues. MarketsandMarkets forecasts the digital
asset management market to grow from USD 2.4 billion in 2017 to USD 5.7 billion
by 2022, at a CAGR of 18% during the forecast period.
Browse
119 Pages and in-depth TOC on “Digital Asset Management Best Practices and Market”
The
Asia-Pacific market is expected to grow at the highest CAGR during the forecast
period. The APAC region comprises emerging economies, such as China, India,
Japan, Singapore, Malaysia, and Australia. This region is likely to witness a
surge in the implementation of digital asset management systems. This can be
majorly attributed to the rise in demand for digital marketing and
proliferation of digital content, considering large companies in the US and the
UK are targeting developing regions and new avenues in the APAC region.
Digital
asset management includes managed business, network, security, data center, and
mobility services. There are several renowned vendors in the digital asset
management market, such as Adobe Systems Incorporated (U.S.), OpenText
Corporation (Canada), Bynder (Netherlands), MediaBeacon, Inc. (US), Cognizant
(US), CELUM (Austria), Canto, Inc. (US), and Widen (US).
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