This report profiles some of the leading players in the digital asset management market. these players include ADAM Software, Adobe Corporation, Cognizant, EMC Corporation, Hewlett-Packard, North Plains, Oracle Corporation and Widen Enterprises.
(PRWEB) March 05, 2015
This MarketsandMarkets report estimates the global Digital Asset Management Market to be worth $4.12 billion by 2019. According to the report, the industry is expected to witness steady CAGR from 2014 to 2019. The report also provides details about the major growth drivers and restraining factors for this market.
Explore Digital Asset Management Market through in-depth TOC, figures and data tables from 190 report pages.
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According to the report, Digital Asset Management has witnessed steady rise over the past few years. These technologies are expected to maintain the steady growth with various driving factors. According to the report, the digital asset management market is expected to grow at a steady rate with rapidly evolving technologies and demand from around the world. The report expects steady rise in demand for the real-time optimization, which is considered to be a vital driving factor for this market.
According to MarketsandMarkets, large enterprises as well as small and medium businesses are expected to demand DAM solutions to centralize their digital assets. This demand is projected to reflect on the overall growth trends in the digital asset management market. Strong rise in demand from the industries like media and retail are also attributed to the rising demand in this market. The report attributes data security concerns and stringent regulatory standards to be some of the major driving factors for this market.
MarketsandMarkets estimates high purchasing cost to be the major restraining factor for the digital asset management market. It segments the global market on the basis of the types of solutions and their demand from different industrial verticals and geographic regions.
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According to this report, the Digital Asset Management Market is expected to witness growth at an impressive CAGR of around 28.7% from 2014. At the estimated CAGR the report expects this market to reach $4.12 billion by the end of the year 2019. According to the same report, North America is expected to dominate the global market in terms of market share.
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