Sarasota, FL -- (SBWIRE) -- 10/19/2017 -- Content management software (CMS) application is used to create and manage digital content. Basically, CMS used for Enterprise Content Management (ECM) and Web Content Management (WCM). Content management applications include document management, web content management, digital rights management, authoring tools, search and portal functions which can be integrated into business processes.

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Rising need for web experience management solution is a major factor to boost the growth of CMS market. Smooth handling of enterprise data in case of mergers and acquisitions and the existence of content data acts as major restraining factors for the growth of the market. However, end-to-end cross-platform solutions and deployment of the content maturity model are expected to give potential growth opportunities for CMS market in near future.

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The companies are adopting the web experience management solutions for extranet and intranet portals, and content application. Many companies use web content management solutions to give a better website experience to their both regular and potential customers. North American region has been a major regional market for ECM and WCM solutions and services implementation due to its readiness for acceptance of novel technologies.

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Content management software market is segmented by vertical, solution, user, deployment and regions. On the basis of vertical, the market is segmented into government and public utilities, BFSI, education, telecommunication, media and entertainment and others. On the basis of the solution, the market is fragmented into enterprise content workflow management, enterprise records management, enterprise web content management, digital asset and rich media management, e-discovery, advanced case management, social content management and others. By deployment, market is bifurcated into on-premises and hosted deployments. Different regions covered under this study include North America, Asia pacific, Middle East and Africa, Latin America, Europe.

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The major players in content management system are EMC Corporation, IBM Corporation, Microsoft Corporation, Opentext Corporation, Lexmark International, Hyland Software Inc., Sitecore Oracle Corporation, Alfresco Software Inc., Newgen software Technology Ltd, Open Text, Microsoft, IBM and Adobe System, among others.

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