“Digital Asset Management Market“ offer significant and proficient insights into the current market scenario and the emerging growth dynamics. The report on Digital Asset Management Market provides the market players as well as the new visitors to show complete view of the market landscape. The comprehensive research will enable the well-established as well as the emerging players to establish their business strategies and achieve their short-term and long-term goals. The report also presents a significant evaluation of the scope of the regions and where the key participants might find potential growth opportunities in future.
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The Digital Asset Management Market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered financial information of last 3 years, key development in past five years.
The digital asset management market is expected to grow at a CAGR of 18.23% over the forecast period. The scope of the market covers brand asset management systems, library asset management systems, and production asset management systems.
Japan to Witness the Fastest Growth in Asia-Pacific
Digital asset management is expected to see a significant investment in Japan over the forecast period. Multiple private Japanese organizations are expected to offer digital asset management solutions to banks as well as other government and private industries. In 2017, Japanese bankers association (JPA) would be employing cloud service based block-chain platforms developed by Fujitsu. One of the primary drivers for the digital asset management industry is the increased adoption of broadband internet, which is increasing the demand for specialized solutions in each industry. In 2017, it was estimated that approximately 94% of the population had access to the internet in Japan, with broadband speeds witnessing new records with each passing year. This has resulted in the generation of huge quantities of digital content and data, which is expected to act as a major driving factor for digital asset management market. Moreover, Japan has officially recognized Bitcoin and digital currencies as money, which has resulted in an increase in the number of digital assets in Japan, thereby, proportionately boosting the demand for digital asset management solutions in this region.
Media & Entertainment to Witness the Fastest Growth
The entertainment sector requires data transfer (handle images, video, and music files) among multiple sources and the digital asset management (DAM) plays a significant role in providing the access and managing the data in an easy manner. With the help of a DAM system, the media & entertainment companies have been identified to become more efficient and effective in creating, managing, sharing, archiving, and analyzing large volumes of digital assets with a centralized network solution. Considering the high adoption of digital asset management in the media and entertainment sector, the market for media and entertainment in digital asset management is expected to grow lucratively during the forecast period. Damdy, a digital asset management company, has recently organized and streamed the general media of French Federation of Judo to the general public by using a single media center for all digital content with a cloud encoding solution to handle peak activity period. Such activities are expected to promote the growth of entertainment & media segment over the forecast period.
Increasing Adoption of Cloud Solutions to Drive the Cloud-based Deployment of DAM
The cloud-based deployment model aids in collecting large volumes of server-storage resources into an integrated solution, while also providing backup of user database on different servers to guarantee data reliability. Companies worldwide have been identified to deploy cloud-based software as it is cost efficient when compared to the other deployment models. The cloud-based application management systems provide access to the digital media irrespective of time and location with a secure access to the critical business data from any device connected to the web. With organizations becoming more mobile-oriented and the trend of BYOD gaining traction worldwide, the cloud-DAM is witnessing an increasing adoption rate as it provides an intuitive user experience, security, and easy access to the digital assets.
Key Developments in the Market
â¢ March 2017 – Aprimo acquired ADAM Software. With this acquisition, Aprimo hopes to integrate ADAM directly into Aprimoâs platform, facilitating customers with marketing operations solution, capable of handling both the production as well as the publication of content. This is expected to result in bringing rich media quickly to market and to create a world-class customer experiences at scale.
â¢ January 2017 – SoftServe and ADAM Software underwent a strategic partnership. This partnership allows SoftServe to couple the companys deep engineering capabilities and leading digital design expertise to ADAMâs DAM and PIM solutions, which would help organizations create, manage, and deliver digital content that can ensure consistency across various channels.
The major players include – ADAM SOFTWARE, CANTO INC., CELUM GMBH, COGNIZANT TECHNOLOGY SOLUTIONS CORP, ORACLE CORPORATION, HEWLETT-PACKARD COMPANY, OPENTEXT CORPORATION, QBANK, NORTH PLAINS SYSTEMS CORP, WEBDAM INC., EMC CORPORATION, MEDIABEACON, INC., WIDEN ENTERPRISES INC., AND IBM CORPORATION, among others.
Reasons to Purchase this Report
â¢ Current and future digital asset management market outlook in the developed and emerging markets
â¢ Analyzing various perspectives of the market with the help of Porterâs five forces analysis
â¢ Identifying the segments that are expected to dominate the market
â¢ Regions that are expected to witness fastest growth during the forecast period
â¢ Identify the latest developments, market shares, and strategies employed by the major market players
â¢ 3-month analyst support, along with the Market Estimate sheet (in Excel).
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Digital Asset Management Market Analyse according to leading players, Competitive landscape, geographical regions, top manufacturers, types, and applications forecast over a period of 2019 to 2024. Geographically, this report is divided into many key Regions, with production, consumption, revenue (million USD), market share and rate of Digital Asset Management Market 2019 in these regions, from 2018 to 2024 (forecast), covering: North America, China, Europe, Japan, Southeast Asia, India.
The Objectives of this report are:
- To define, describe, and analyze the Digital Asset Management market on the basis of product type, application, and region
- To forecast and analyze the size of the Digital Asset Management market (in terms of value) in six key regions, namely, Asia Pacific, Western Europe, Central & Eastern Europe, North America, the Middle East & Africa, and South America
- To forecast and analyze the Digital Asset Management market at country-level in each region
- To strategically analyze each submarket with respect to individual growth trends and its contribution to the Digital Asset Management market
- To analyze opportunities in the Digital Asset Management market for stakeholders by identifying high-growth segments of the market
Key Questions Answered in Digital Asset Management market report:
- What will the market size be in 2024 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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Digital Asset Management Market Report Provides Comprehensive Analysis as Following:
Market segments and sub-segments
Market size & shares
Market trends and dynamics
Market Drivers and Opportunities
Market Analysis and Segmentation
Supply and demand
Technological inventions in Digital Asset Management trade
Marketing Channel Development Trend
Digital Asset Management Market Positioning
Distributors/Traders List enclosed in Positioning Digital Asset Management Market
Digital Asset Management Market report provides you a visible, one-stop breakdown of the leading product, submarkets and market leaders revenue forecasts till 2024. In conclusion, Digital Asset Management Market 2019 report presents the descriptive analysis of the Digital Asset Management Market Major Key-players, Types, Application and Forecast Period knowledge which is able to function a profitable guide for all the Digital Asset Management Market competitors.
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