The research and analysis conducted in Digital Asset Management report helps clients to predict investment in an emerging market, expansion of market share or success of a new product with the help of global market research analysis. This report has been designed in such a way that it provides very evident understanding of the business environment and Digital Asset Management industry. Nevertheless, this global market research report unravels many business problems very quickly and easily. Due to high demand and the value of market research for the success of different sectors, Digital Asset Management Market report is provided that covers many work areas.
Global digital asset management market is expected to rise to an estimated value of USD 11.65 billion by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be significant surge in the usage of digital marketing practices along with a rise in the creation of digital assets.
Market Definition: Global Digital Asset Management Market
Digital asset management are technological services that are essentially a virtual vault containing all of the digital-based asset solutions in an organized manner for distribution and utilization. Although, it not only stores assets rather it also provides rights/permissions for the aforementioned digital content. This helps in significant reduction of human error/labour, resulting in better effectiveness of operations of businesses.
- Increased demand for these services as a software service, rather than on-cloud; this factor is expected to drive the growth of the market
- Growing levels of prevalence of IoT in the various end-use industries resulting in significant usage of innovative technologies; this factor is expected to drive the growth of the market
- Increased usage of this technology from the media & entertainment, retail market which is expected to foster growth in the market
- Advancements in the market resulting in combining the technology with other technological offerings for business operations
- Lack in preference of these services as major brands and organizations prefer the conventional methods; this factor is expected to restrain the market growth
- Large levels of costs for the cloud-based services coupled with concerns regarding privacy of data over these services; this factor is expected to restrain the growth of the market’
- Inadequate availability of technically skilled professionals required for the proper integration and maintenance of these services, is expected to hinder the growth of the market
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Segmentation: Global Digital Asset Management Market
- Video Management
- Creative Tool Integration
- Asset Analytics
- Web Content Integration
- Brand Portals
- Asset & Metadata Archiving
- Lifecycle & Rights Management
- System Integration
- Training & Support
- Digital Supply Chain Services
- Broadcasting & Publishing
- Photography & Graphic Designing
By Deployment Type
- Software as a Service (SaaS)
By Organization Size
- Small & Medium Enterprises (SMEs)
- Large Enterprises
- Media & Entertainment
- Museums & Art
- Banking, Financial Services & Insurance (BFSI)
- Consumer Goods & Retail
- Healthcare & Life Sciences
- Government & Public
- Travel & Tourism
- IT and Telecom
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In February 2018, Bynder announced that they had agreed to acquire Webdam, Shutterstock’s digital asset management operations. This acquisition will help in expansion of DAM (digital asset management) services in the North America, Europe, Middle East and Africa region. This acquisition is a strategic one to meet the growing demands of managing the significant amounts of digital assets available globally.
- In March 2017, Aprimo LLC announced that they had acquired ADAM Software, whose business operations are to be integrated with Aprimo’s platform. This integration will enable customers in providing a certified solution for publishing and creation of assets in one unified solution. This product offering will enable them to have a greater consumer base globally.
Global digital asset management market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of digital asset management market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Major Market Competitors/Players
Few of the major competitors currently working in the global digital asset management market are Aprimo LLC; Adobe; OpenText Corp.; CELUM; MediaBeacon, Inc., An Esko Company; Canto, Inc.; Bynder; Widen; Northplains; MediaValet Inc.; Cognizant; Dell Inc.; Hewlett Packard Enterprise Development LP; IBM Corporation; Oracle; SAS Institute Inc.; CampaignDrive; Workfront, Inc.; Adgistics; Amazon Web Services, Inc.; Bright; Brandworkz Ltd.; Celartem, Inc. dba Extensis; globaledit; SHIFT; MerlinOne; Nuxeo; Vision Information Transaction AG; Montala Limited; QBNK Holding AB (publ) among others.
The Digital Asset Management market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Digital Asset Management market for the base year 2019 and the forecast between 2020 and 2027. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Digital Asset Management market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Digital Asset Management market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Digital Asset Management market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Digital Asset Management capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Digital Asset Management by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Digital Asset Management market. These figures have been provided in terms of both revenue and volume for the period 2020 to 2027. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Digital Asset Management market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Digital Asset Management market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
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The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Digital Asset Management industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
The Digital Asset Management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Digital Asset Management market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Digital Asset Management market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Digital Asset Management market. These factors have benefited the growth of the global market for Digital Asset Management. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
In this study, the years considered to estimate the market size of Digital Asset Management are as follows:
- Historic Year: 2017-2020
- Base Year: 2019
- Forecast Year 2020 to 2027
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)
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Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
- Market outline
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market sizing 2021
- Market size and forecast
PART 07: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
- Global Digital Asset Management market by product
- Comparison by product
- Market opportunity by product
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
- Global Digital Asset Management market by distribution channel
- Comparison by distribution channel
- Global Digital Asset Management market by offline distribution channel
- Global Digital Asset Management market by online distribution channel
- Market opportunity by distribution channel
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
- Global Digital Asset Management market by end-user
- Comparison by end-user
PART 12: REGIONAL LANDSCAPE
- Global licensed Digital Asset Management market by geography
- Regional comparison
- Licensed Digital Asset Management market in Americas
- Licensed Digital Asset Management market in EMEA
- Licensed Digital Asset Management market in APAC
- Market opportunity
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 15: MARKET TRENDS
PART 16: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 17: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
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