Digital Asset Management Market - Cloud-Based Deployment Is Expected to Drive the DAM Market

The global DAM market was valued at US$ 1,444.6 Mn in 2015 and is forecast to expand at a CAGR of 18.8% from 2016 to 2024, reaching a value of US$ 7478.0 Mn by 2024.


Albany, NY -- (SBWIRE) -- 06/03/2016 -- The digital asset management (DAM) market report provides analysis for the period 2014–2024, wherein the period from 2016 to 2024 is the forecast and 2015 is the base year. The report covers all the major trends and technologies playing a key role in the DAM market's growth over the forecast period. It also highlights the drivers, restraints, and opportunities expected to influence the market's growth during the said period. The study provides a holistic perspective on the DAM market's growth throughout the above forecast period in terms of revenue (in US$ Mn), across different geographies, including North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.

The market overview section of the report demonstrates the market dynamics and trends, such as the drivers, restraints, and opportunities that influence the current nature and future status of this market. An impact analysis of key trends has also been provided for every geographic region in the report, in order to give a thorough analysis of the overall scenario of the DAM market, globally. Moreover, the report provides an overview of the various strategies of key players in the market.

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The report segments the global DAM market on the basis of components into software and services. Further, the software segment has been subdivided into deployment types that include on-premise, hybrid, and cloud. Furthermore, the DAM services segment is classified into consulting, system integration, and operation and maintenance. Depending on end-use, the DAM market is divided into banking, financial services, and insurance (BFSI); retail; telecom and IT; healthcare; museums and art; manufacturing; government and public, media and entertainment, education; healthcare; hospitality; and others. Thus, the report provides in-depth cross-segment analysis of the DAM market and classifies it into various levels, thereby providing valuable insights at the macro as well as micro levels.

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The report also highlights the competitive landscape of the DAM market, thereby positioning all the major players according to their geographic presence and key recent developments. The comprehensive DAM market estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the DAM market's growth.

North Plains Systems Corp., OpenText Corporation, Widen, NetXposure, Inc., MediaBeacon, Inc., Hewlett-Packard Company, WebDAM, ADAM Software NV, Bynder, Canto, Inc., and Celum are some of the major players operating within the global DAM market and have been profiled in this study. Details such as financials, business strategies, recent developments, and other such strategic information pertaining to these players have been duly provided as part of company profiling.

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