The global Content Services Platforms (CSP) market size was USD 45.02 Billion in 2021 and is expected to register a revenue CAGR of 16.3% during the forecast period, according to latest analysis by Emergen Research. Increasing use of cloud-based content services platforms is the key factor driving market revenue growth.
The report Content Services Platforms Market studies the factors influencing the growth of the industry in the global market and offers accurate predictions about the growth pattern. The report pays special attention to the key elements of the market, such as drivers, restraints, opportunities, threats, risks, limitations, and other aspects. The report covers a comprehensive analysis of the competitive landscape with a detailed analysis of the company profiles, product portfolio, and business expansion strategies.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Content Services Platforms market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed in the report are:
Adobe, Inc., DocuWare Corporation, Fabasoft, Hyland Software, Inc., IBM Corporation, KYOCERA Corporation, Laserfiche, Micro Focus, Microsoft, and Oracle
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Emergen Research has segmented the global Content Services Platforms market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019-2030)
- Solutions
- Services
Deployment Type Outlook (Revenue, USD Billion; 2019-2030)
- On-Premises
- Cloud
Organization Size Outlook (Revenue, USD Billion; 2019-2030)
- Small and Medium-Sized Enterprises
- Large Enterprises
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the Content Services Platforms Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Content Services Platforms Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
The major factors driving the content services platform market include the growing adoption of social, mobile, analytics, and cloud (SMAC) technologies and the proliferation of digital content across enterprises.- Enterprise Content Management has always pursued the mission of achieving a vast array of content -related operational goals with the usage of a centralized platform.
The content services platforms (CSPs), on the other hand, apply a new approach, which is focused less on storing the documents centrally but more on the strategy of how an enterprise can deal with their growing content, data, and document needs.
While the ECM intends to achieve its operational goals with a single system, CSPs employ a robust suite of strategy and integrated technology to accomplish these goals.- The organizations that have traditionally relied on the Enterprise Content Management (ECM) solution for their content lifecycle management, these solutions have been fulfilling the promise by managing the content end -to -end, right from the creation to disposition.
Besides, the data breaches have also led to an exponential rise in costs and loss of valuable customer information.
These kinds of implementations are widespread across large-sized enterprises.- For instance, according to Cisco Systems in 2022, the data volume of worldwide consumer IP traffic is expected to reach 333 exabytes per month at a 27% compound annual growth rate.
Besides, in 2019, according to Verizon Communications Inc., the global accommodation industry experienced 125 cybersecurity incidents in total, and professional services and the public were the most targeted sectors with 7,463 and 6,843 reported incidents respectively.- Deploying on-premises allows users to keep the solution in-house and grow the solution as it makes sense for the organization.
The global Content Services Industry size is expected to grow from USD 22.6 billion in 2018 to USD 60.3 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 21.7% during the forecast period.
The major factors driving the growth of the market are increasing need of enterprises to effectively use enterprise data, facilitate better collaboration among geographically dispersed teams, better control over information, and alignment of content strategy with business goals.Browse Complete Report @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=334475The Content Services Industry includes major vendors, such as Microsoft (US), Hyland (US), OpenText (Canada), Box (US), Laserfiche (US), Adobe (US), IBM (US), M-Files (Finland), Nuxeo (US), Objective (US), Fabasoft (Austria), Micro Focus (UK), GRM Information Management (US), Everteam (France), DocuWare (Germany), Alfresco (US), Newgen (India), SER Group (Germany), and Oracle (US).
Key players such as Hyland, OpenText, Box, and M-Files, have majorly adopted many growth strategies, such as new product launches, acquisitions, and new expansions in different countries to increase their product portfolios and grow further in the CSP market.Hyland offers OnBase flagship product in the CSP market, along with other products, such as ShareBase and AirBase.
OnBase is a single enterprise information platform that manages content, processes, and cases deployed on-premises and cloud or both.
Hyland delivers its products and services either directly or through an extensive partner network.
The company has a strong presence in the market and offers a broad set of product portfolio for CSP customers, which is evident from the number of acquisitions it has made in recent years.
The Cloud Content Platform delivers the highly improved capabilities to users and allows the businesses to use power and scalability of cloud computing to meet the requirements in real time.
Check out thetop 5 benefits of Cloud Content Platforms for your business from Docupile.
