Digital Asset Management Market Size, Share, Growth, Global Industry Demand, Key Players Update, Opportunity, Sales & Revenue, Types, Top Countries Data, and Forecast to 2025
NEW YORK, July 13, 2022 /PRNewswire/ — The Digital Asset Management Market is segmented by Geography (North America, Europe, APAC, South America, and MEA). 34% of the market’s growth will originate from North America during the forecast period. The US is the key market for digital asset management market in North America. Market growth in this region will be faster than the growth of the market in regions. Demand for content and digital media and the adoption of advanced technologies, such as AI, in sectors such as healthcare are expected to drive the demand for DAM in North America which will facilitate the digital asset management market growth in North America over the forecast period. Moreover, the Digital Asset Management Market Share is expected to increase by USD 7.45 billion from 2020 to 2025, with an accelerated CAGR of 21.04%- according to a recent market study by Technavio. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenarios, future market trends, market size & estimations, and major investment pockets.
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The digital asset management market report offers information on several market vendors, including Adobe Inc., Bynder BV, Cognizant Technology Solutions Corp., Dell Technologies Inc., HP Inc., Huawei Investment and Holding Co. Ltd., International Business Machines Corp., Microsoft Corp., Open Text Corp., and Tata Consultancy Services Ltd. among others. Moreover, the market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
- Adobe Inc. – The digital asset management solution of the company provides users with continuous innovation and seamless scale to meet complex business needs.
- Bynder BV – Digital asset management solution allows the users to share files internally and externally, control access and usage, and others.
- Cognizant Technology Solutions Corp. – The company provides a solution that helps enterprises manage end-to-end content lifecycle and create paths for delivering engaging customer experience.
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The digital asset management market is segmented by Type (on-premises and cloud). The digital asset management market share growth in the on-premises segment will be significant during the forecast period.
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- Digital Asset Management Market Driver:
- Shift from on-premises to SaaS:
The Vendors are gradually moving from on-premises to cloud-based solutions, which offer drag-and-drop functionality, mobile accessibility, and more intuitive services. Vendors are targeting companies of all sizes by offering affordable options for all business users and their digital asset needs. These solutions offer low-cost options and rapid deployment of services. The key benefit of implementing cloud-based solutions is the pay-per-use pricing model, where clients pay only for what they use. Cloud-based solutions are also flexible in terms of deployment models. These services are available in three deployment models: IaaS, PaaS, and SaaS. Clients can build their cloud-based infrastructure as per their business requirements. Cloud-based infrastructure helps clients to reduce the TCO of software and hardware. Cloud computing solutions provide flexibility to increase or decrease enterprise data and storage capacity as per requirements. Organizations are leveraging cloud-based storage services as the service providers manage digital files and offer disaster recovery solutions as well. Thus, firms can recover their enterprise data at any point in time in case of a technical failure. Enterprises generate a massive amount of data from social media and other sources, which require efficient cloud storage systems with centralized access to documents. Therefore, cloud storage solutions allow organizations to use cloud storage services as per storage requirements.
Shift from on-premises to SaaS:
Digital Asset Management Market Challenge:
Data privacy and security concerns:
Data privacy and security risks are among the major barriers to the adoption of cloud services in organizations, especially in the public cloud. Cloud security management is a challenging task for vendors as numerous instances of online hacking and security breaches have been discovered. Online digital files need to be secured from unauthorized access in the cloud-based IT infrastructure. Cloud infrastructures are based on many patchworks of open-source code, and there is always a high probability of introducing flaws in cloud systems. The public cloud infrastructure is more affected due to glitches in the source codes, as public clouds are multi-tenant that can affect various applications running in the cloud environment. Cyber-attackers can easily gain access to cloud-based data storage systems as cloud-based infrastructure is based on open architecture and shared resources. Vendors should encrypt the client’s data and implement multi-factor authentication systems, such as biometrics, for authorization of users in the clients’ IT systems. Vendors should also need to comply with the regulatory guidelines for cloud security management.
- Data privacy and security concerns:
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1 Executive Summary
Digital Asset Management Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 21.04%
Market growth 2021-2025
$ 7.45 billion
Market structure
Fragmented
YoY growth (%)
19.81
Regional analysis
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 34%
Key consumer countries
US, China, UK, Germany, and Japan
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
Adobe Inc., Bynder BV, Cognizant Technology Solutions Corp., Dell Technologies Inc., HP Inc., Huawei Investment and Holding Co. Ltd., International Business Machines Corp., Microsoft Corp., Open Text Corp., and Tata Consultancy Services Ltd.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
2 Market Landscape
2.1 Market ecosystem
Exhibit 01: Parent market
Exhibit 02: Market characteristics
2.2 Value chain analysis
Exhibit 03: Value chain analysis: System software
3 Market Sizing
Exhibit 01: Parent market
Exhibit 02: Market characteristics
Exhibit 03: Value chain analysis: System software
3.1 Market definition
Exhibit 04: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 05: Market segments
3.3 Market size 2020
3.4 Market outlook: Forecast for 2020 – 2025
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4 Five Forces Analysis
Exhibit 04: Offerings of vendors included in the market definition
Exhibit 05: Market segments
Exhibit 06: Global – Market size and forecast 2020 – 2025 ($ million)
Exhibit 07: Global market: Year-over-year growth 2020 – 2025 (%)
4.1 Five forces analysis 2020 & 2025
Exhibit 08: Five forces analysis 2020 & 2025
4.2 Bargaining power of buyers
Exhibit 09: Bargaining power of buyers
4.3 Bargaining power of suppliers
Exhibit 10: Bargaining power of suppliers
4.4 Threat of new entrants
Exhibit 11: Threat of new entrants
4.5 Threat of substitutes
Exhibit 12: Threat of substitutes
4.6 Threat of rivalry
Exhibit 13: Threat of rivalry
4.7 Market condition
Exhibit 14: Market condition – Five forces 2020
5 Market Segmentation by Type
Exhibit 08: Five forces analysis 2020 & 2025
Exhibit 09: Bargaining power of buyers
Exhibit 10: Bargaining power of suppliers
Exhibit 11: Threat of new entrants
Exhibit 12: Threat of substitutes
Exhibit 13: Threat of rivalry
Exhibit 14: Market condition – Five forces 2020
5.1 Market segments
Exhibit 15: Type – Market share 2020-2025 (%)
5.2 Comparison by Type
Exhibit 16: Comparison by Type
5.3 On premises – Market size and forecast 2020-2025
Exhibit 17: On premises – Market size and forecast 2020-2025 ($ million)
Exhibit 18: On premises – Year-over-year growth 2020-2025 (%)
5.4 Cloud – Market size and forecast 2020-2025
Exhibit 19: Cloud – Market size and forecast 2020-2025 ($ million)
Exhibit 20: Cloud – Year-over-year growth 2020-2025 (%)
5.5 Market opportunity by Type
Exhibit 21: Market opportunity by Type
6 Customer landscape
Exhibit 15: Type – Market share 2020-2025 (%)
Exhibit 16: Comparison by Type
Exhibit 17: On premises – Market size and forecast 2020-2025 ($ million)
Exhibit 18: On premises – Year-over-year growth 2020-2025 (%)
Exhibit 19: Cloud – Market size and forecast 2020-2025 ($ million)
Exhibit 20: Cloud – Year-over-year growth 2020-2025 (%)
Exhibit 21: Market opportunity by Type
7 Geographic Landscape
7.1 Geographic segmentation
Exhibit 23: Market share by geography 2020-2025 (%)
7.2 Geographic comparison
Exhibit 24: Geographic comparison
7.3 North America – Market size and forecast 2020-2025
Exhibit 25: North America – Market size and forecast 2020-2025 ($ million)
Exhibit 26: North America – Year-over-year growth 2020-2025 (%)
7.4 Europe – Market size and forecast 2020-2025
Exhibit 27: Europe – Market size and forecast 2020-2025 ($ million)
Exhibit 28: Europe – Year-over-year growth 2020-2025 (%)
7.5 APAC – Market size and forecast 2020-2025
Exhibit 29: APAC – Market size and forecast 2020-2025 ($ million)
Exhibit 30: APAC – Year-over-year growth 2020-2025 (%)
7.6 South America – Market size and forecast 2020-2025
Exhibit 31: South America – Market size and forecast 2020-2025 ($ million)
Exhibit 32: South America – Year-over-year growth 2020-2025 (%)
7.7 MEA – Market size and forecast 2020-2025
Exhibit 33: MEA – Market size and forecast 2020-2025 ($ million)
Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
7.8 Key leading countries
Exhibit 35: Key leading countries
7.9 Market opportunity by geography
Exhibit 36: Market opportunity by geography
8 Drivers, Challenges, and Trends
Exhibit 23: Market share by geography 2020-2025 (%)
Exhibit 24: Geographic comparison
Exhibit 25: North America – Market size and forecast 2020-2025 ($ million)
Exhibit 26: North America – Year-over-year growth 2020-2025 (%)
Exhibit 27: Europe – Market size and forecast 2020-2025 ($ million)
Exhibit 28: Europe – Year-over-year growth 2020-2025 (%)
Exhibit 29: APAC – Market size and forecast 2020-2025 ($ million)
Exhibit 30: APAC – Year-over-year growth 2020-2025 (%)
Exhibit 31: South America – Market size and forecast 2020-2025 ($ million)
Exhibit 32: South America – Year-over-year growth 2020-2025 (%)
Exhibit 33: MEA – Market size and forecast 2020-2025 ($ million)
Exhibit 34: MEA – Year-over-year growth 2020-2025 (%)
Exhibit 35: Key leading countries
Exhibit 36: Market opportunity by geography
8.1 Market drivers
8.2 Market challenges
Exhibit 37: Impact of drivers and challenges
8.3 Market trends
9 Vendor Landscape
Exhibit 37: Impact of drivers and challenges
9.1 Overview
9.2 Vendor landscape
Exhibit 38: Vendor landscape
9.3 Landscape disruption
Exhibit 39: Landscape disruption
Exhibit 40: Industry risks
10 Vendor Analysis
Exhibit 38: Vendor landscape
Exhibit 39: Landscape disruption
Exhibit 40: Industry risks
10.1 Vendors covered
10.2 Market positioning of vendors
Exhibit 42: Market positioning of vendors
10.3 Adobe Inc.
Exhibit 43: Adobe Inc. – Overview
Exhibit 44: Adobe Inc. – Business segments
Exhibit 45: Adobe Inc. – Key news
Exhibit 46: Adobe Inc. – Key offerings
Exhibit 47: Adobe Inc. – Segment focus
10.4 Bynder BV
Exhibit 48: Bynder BV – Overview
Exhibit 49: Bynder BV – Product and service
Exhibit 50: Bynder BV – Key news
Exhibit 51: Bynder BV – Key offerings
10.5 Cognizant Technology Solutions Corp.
Exhibit 52: Cognizant Technology Solutions Corp. – Overview
Exhibit 53: Cognizant Technology Solutions Corp. – Business segments
Exhibit 54: Cognizant Technology Solutions Corp. – Key news
Exhibit 55: Cognizant Technology Solutions Corp. – Key offerings
Exhibit 56: Cognizant Technology Solutions Corp. – Segment focus
10.6 Dell Technologies Inc.
Exhibit 57: Dell Technologies Inc. – Overview
Exhibit 58: Dell Technologies Inc. – Business segments
Exhibit 59: Dell Technologies Inc. – Key news
Exhibit 60: Dell Technologies Inc. – Key offerings
Exhibit 61: Dell Technologies Inc. – Segment focus
10.7 HP Inc.
Exhibit 62: HP Inc. – Overview
Exhibit 63: HP Inc. – Business segments
Exhibit 64: HP Inc. – Key news
Exhibit 65: HP Inc. – Key offerings
Exhibit 66: HP Inc. – Segment focus
10.8 Huawei Investment and Holding Co. Ltd.
Exhibit 67: Huawei Investment and Holding Co. Ltd. – Overview
Exhibit 68: Huawei Investment and Holding Co. Ltd. – Business segments
Exhibit 69: Huawei Investment and Holding Co. Ltd. – Key news
Exhibit 70: Huawei Investment and Holding Co. Ltd. – Key offerings
Exhibit 71: Huawei Investment and Holding Co. Ltd. – Segment focus
10.9 International Business Machines Corp.
Exhibit 72: International Business Machines Corp. – Overview
Exhibit 73: International Business Machines Corp. – Business segments
Exhibit 74: International Business Machines Corp. – Key news
Exhibit 75: International Business Machines Corp. – Key offerings
Exhibit 76: International Business Machines Corp. – Segment focus
10.10 Microsoft Corp.
Exhibit 77: Microsoft Corp. – Overview
Exhibit 78: Microsoft Corp. – Business segments
Exhibit 79: Microsoft Corp. – Key news
Exhibit 80: Microsoft Corp. – Key offerings
Exhibit 81: Microsoft Corp. – Segment focus
10.11 Open Text Corp.
Exhibit 82: Open Text Corp. – Overview
Exhibit 83: Open Text Corp. – Business segments
Exhibit 84: Open Text Corp. – Key news
Exhibit 85: Open Text Corp. – Key offerings
Exhibit 86: Open Text Corp. – Segment focus
10.12 Tata Consultancy Services Ltd.
Exhibit 87: Tata Consultancy Services Ltd. – Overview
Exhibit 88: Tata Consultancy Services Ltd. – Business segments
Exhibit 89: Tata Consultancy Services Ltd. – Key news
Exhibit 90: Tata Consultancy Services Ltd. – Key offerings
Exhibit 91: Tata Consultancy Services Ltd. – Segment focus
11 Appendix
Exhibit 42: Market positioning of vendors
Exhibit 43: Adobe Inc. – Overview
Exhibit 44: Adobe Inc. – Business segments
Exhibit 45: Adobe Inc. – Key news
Exhibit 46: Adobe Inc. – Key offerings
Exhibit 47: Adobe Inc. – Segment focus
Exhibit 48: Bynder BV – Overview
Exhibit 49: Bynder BV – Product and service
Exhibit 50: Bynder BV – Key news
Exhibit 51: Bynder BV – Key offerings
Exhibit 52: Cognizant Technology Solutions Corp. – Overview
Exhibit 53: Cognizant Technology Solutions Corp. – Business segments
Exhibit 54: Cognizant Technology Solutions Corp. – Key news
Exhibit 55: Cognizant Technology Solutions Corp. – Key offerings
Exhibit 56: Cognizant Technology Solutions Corp. – Segment focus
Exhibit 57: Dell Technologies Inc. – Overview
Exhibit 58: Dell Technologies Inc. – Business segments
Exhibit 59: Dell Technologies Inc. – Key news
Exhibit 60: Dell Technologies Inc. – Key offerings
Exhibit 61: Dell Technologies Inc. – Segment focus
Exhibit 62: HP Inc. – Overview
Exhibit 63: HP Inc. – Business segments
Exhibit 64: HP Inc. – Key news
Exhibit 65: HP Inc. – Key offerings
Exhibit 66: HP Inc. – Segment focus
Exhibit 67: Huawei Investment and Holding Co. Ltd. – Overview
Exhibit 68: Huawei Investment and Holding Co. Ltd. – Business segments
Exhibit 69: Huawei Investment and Holding Co. Ltd. – Key news
Exhibit 70: Huawei Investment and Holding Co. Ltd. – Key offerings
Exhibit 71: Huawei Investment and Holding Co. Ltd. – Segment focus
Exhibit 72: International Business Machines Corp. – Overview
Exhibit 73: International Business Machines Corp. – Business segments
Exhibit 74: International Business Machines Corp. – Key news
Exhibit 75: International Business Machines Corp. – Key offerings
Exhibit 76: International Business Machines Corp. – Segment focus
Exhibit 77: Microsoft Corp. – Overview
Exhibit 78: Microsoft Corp. – Business segments
Exhibit 79: Microsoft Corp. – Key news
Exhibit 80: Microsoft Corp. – Key offerings
Exhibit 81: Microsoft Corp. – Segment focus
Exhibit 82: Open Text Corp. – Overview
Exhibit 83: Open Text Corp. – Business segments
Exhibit 84: Open Text Corp. – Key news
Exhibit 85: Open Text Corp. – Key offerings
Exhibit 86: Open Text Corp. – Segment focus
Exhibit 87: Tata Consultancy Services Ltd. – Overview
Exhibit 88: Tata Consultancy Services Ltd. – Business segments
Exhibit 89: Tata Consultancy Services Ltd. – Key news
Exhibit 90: Tata Consultancy Services Ltd. – Key offerings
Exhibit 91: Tata Consultancy Services Ltd. – Segment focus
11.1 Scope of the report
11.2 Currency conversion rates for US$
Exhibit 92: Currency conversion rates for US$
11.3 Research methodology
Exhibit 93: Research Methodology
Exhibit 94: Validation techniques employed for market sizing
Exhibit 95: Information sources
11.4 List of abbreviations
Exhibit 96: List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Exhibit 92: Currency conversion rates for US$
Exhibit 93: Research Methodology
Exhibit 94: Validation techniques employed for market sizing
Exhibit 95: Information sources
Exhibit 96: List of abbreviations
ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com/
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SOURCE Technavio
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