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Enterprise Content Management Market Expected to Reach 66.27 Billion USD by 2021

(Wireless-NewsWire.Com, September 09, 2016 ) The report "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", The ECM market size is expected to grow from USD 28.10 Billion in 2016 to USD 66.27 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 18.7% during the forecast period.



The major drivers of this market include increasing need among enterprises to adopt ECM solutions to streamline business processes and ensure optimal resource usage and increased traction for risk mitigation in content management.



Browse 67 market data Tables and 58 Figures spread through 171 Pages and in-depth TOC on "Enterprise Content Management Market - Global Forecasts and Analysis to 2021" http://www.marketsandmarkets.com/Market-Reports/enterprise-content-management-market-226977096.html



Early buyers will receive 10% customization on this report.



Enterprise content workflow management is expected to be the most promising solution during the forecast period



The ECM market has been segmented into solutions, deployment types, user types, and verticals. Enterprise content workflow management is projected to grow at the highest CAGR during the forecast period. Enterprise content workflow management solutions are considerably important as they help in establishing traceability among different functional processes, align different executing tasks, and help in maintaining consistency and quality of website content.



On-Premises deployment type is expected to hold major market size during the forecast period



On-premises deployment type command the major share of the ECM deployment modes. The on-premises deployment type is witnessing growth due to the digital rights management associated with the ECM systems. Content management through on-premises deployment type reduces the turnaround time and query processing time significantly.



Presently, North America contributes the maximum market share in the ECM market



North America is expected to hold the largest market share and dominate the ECM market in 2016, as this region is extremely responsive towards adoption of the latest technological advancements. From 2016 to 2021, APAC is estimated to grow at the highest rate during this forecast period and is becoming a new hotspot for ECM vendors as a revenue generating region. Furthermore, Europe is expected to be another revenue generating market, with solution market as the leading revenue generating segment.



The major vendors covered in the ECM market for the study are EMC Corporation, IBM Corporation, Microsoft Corporation, Opentext Corporation, Oracle Corporation, Alfresco Software, Hyland Software Inc., Lexmark International, Inc., Newgen Software Technologies Ltd, and Xerox Corporation



MarketsandMarkets segments the ECM market on the basis of solutions, services, technologies, verticals, and regions. The scope of the report covers detailed information regarding the major factors influencing the growth of the ECM market such as drivers, restraints, challenges, and opportunities. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, new product launches, mergers & acquisitions, partnerships, agreements, collaborations, and recent developments associated with the ECM market



Request Sample Pages - http://www.marketsandmarkets.com/requestsample.asp?id=226977096



About MarketsandMarkets



MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. 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.



M&M’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. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.



We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

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