Content Services Platform Market Worth $101.6 Billion by 2027
CHICAGO, May 27, 2022 /PRNewswire/ — According to a new research report “Content Services Platforms Market with COVID-19 impact analysis by component, company size, mode of deployment, business function (accounting and legal, sales and marketing, and procurement and supply chain) vertical and regional – global forecast to 2027“, released by MarketsandMarkets™, the global content services platform market size is expected to grow at a compound annual growth rate (CAGR) of 15.8% during the forecast period, reaching $101.6 billion by 2027 from $48.9 billion in 2022. Rising demands for better customer experience, along with growing use of SMAC technology solutions among users, demand to deliver contextualized user experience, and increase in digital content in enterprises, are among the major factors driving drive content growth. Service platform market.
Browse the in-depth table of contents at “Content Services Platform Market”
334 – Tables
59 – Numbers
307 – Pages
Download the PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=334475
According to verticals, healthcare and life sciences segment is expected to grow at the highest CAGR during the forecast period
The Content Services Platform market is segmented on verticals into BFSI, Government & Public Sector, Healthcare & Life Sciences, Telecom, IT & ITeS, Manufacturing, Energy & Utilities, Retail & Consumer Goods. consumer, media and entertainment and other verticals (hospitality, education, transport and logistics). According to industry verticals, the healthcare and life sciences industry vertical is expected to grow at the highest CAGR during the forecast period. The healthcare and life sciences vertical faces many challenges in storing, organizing and using all their data in a standardized way as organizations become more data-driven and enter the digital marketplace. . It can be managed using a single Healthcare Content Services (HCS) platform that can bring together diverse sources of unorganized information from across an enterprise, as well as imaging information from company. The requirement for a new generation of HCS is driven by the need to securely acquire, review and integrate patient and member information into mainstream business platforms.
The cloud segment is expected to grow at the highest CAGR during the forecast period
Based on the mode of deployment, the cloud segment is expected to grow at the highest CAGR for the content services platform market during the forecast period. The content services platform market by mode of deployment is segmented into cloud and on-premises. Large enterprises invest in on-premises deployment mode. As premises require high costs for infrastructure and installation of solutions, only companies with good capital can deploy this model. The reason why large enterprises deploy this model is due to security concerns compared to cloud solutions. Cloud-based solutions are cost-effective and accessible from anywhere, anytime. Therefore, SMBs prefer cloud-based solutions as they provide flexibility and scalability. Security is one of the issues that limits the adoption of cloud-based services. However, this problem is also eliminated by continuously performing third-party security checks.
Talk to the analyst: https://www.marketsandmarkets.com/speaktoanalystNew.asp?id=334475
Depending on the region, Asia Pacific (APAC) to grow at the highest CAGR over the forecast period
Depending on the region, the Asia Pacific It is estimated to hold the highest compound annual growth rate (CAGR) of 21.1% in the content services platform market. The high growth rate of Asia Pacific can be attributed to the proliferation of innovative technologies, combined with growing business needs and an increase in the number of organizations adopting content services platform solutions.
Some of the main Content Services Platform Market providers are Microsoft (US), IBM (US), Open Text (Canada), Hyland (US), Box (US), Laserfiche (US), Adobe (US), Oracle (US), M-Files (US), SER Group (Germany), GRM Information Management (USA), Intalio (France), Micro Focus (UK), Newgen (India), Kyochera (Japan), Docuware (Germany), DocStar (US), Objective (Australia), and D.velop (Germany).
Browse adjacent markets: Software and Services Market Research Reports & Advice
Enterprise Content Management Market by Business Function, Component (Solutions (Document Management, Records Management, eDiscovery), Services) Deployment Type, Organization Size, Vertical & Region – Global Forecast to 2026
web content management Market by Component, Solution (Standalone and Integrated), Application (Website Management, Social Media Management, Workflow Management), Deployment Mode, Vertical, and Region (2022-2026)
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats that will impact 70%-80% of global business revenue. Currently serving 7,500 customers worldwide, including 80% of global Fortune 1000 companies as customers. Nearly 75,000 senior executives from eight industries around the world approach MarketsandMarkets™ for their revenue decision issues.
Our 850 full-time analysts and MarketsandMarkets™ SMEs track global high-growth markets by following the “Growth Engagement Model – GEM”. The GEM aims for proactive collaboration with customers to identify new opportunities, identify most important customers, write “Attack, Avoid and Defend” strategies, identify additional sources of revenue for the company and its competitors. MarketsandMarkets™ now offers 1,500 MicroQuadrants (positioning top performers among Leaders, Emerging Companies, Innovators, Strategic Players) each year in high-growth emerging segments. MarketsandMarkets™ is determined to benefit over 10,000 companies this year for their revenue planning and help them bring their innovations/disruptions to market by providing research ahead of the curve.
MarketsandMarkets’ flagship competitive intelligence and market research platform, “Knowledge Store”, connects over 200,000 markets and entire value chains for a deeper understanding of unmet information, as well as market sizing and niche market forecasts.
Mr. Aashish Mehra
630 Dundee Road
Northbrook, IL 60062
UNITED STATES: +1-888-600-6441
E-mail: [email protected]
Research overview: https://www.marketsandmarkets.com/ResearchInsight/content-services-platform-market.asp
Visit our website: https://www.marketsandmarkets.com
Source of content: https://www.marketsandmarkets.com/PressReleases/content-services-platforms.asp
SOURCE Markets and Markets