Digital Asset Management Market (2021 to 2027) – Growth, Trends, COVID-19 Impact and Forecasts

Digital Asset Management Market was valued at US$ 10.2 B in 2027. The Global Digital Asset Management Market size is estimated to grow at a CAGR of 13.5% over the forecast period.

Digital Asset Management Market Overview:

Digital Asset Management Market report gives appropriate data about a present market framework, increasing trends in digitalization streamlines asset management and optimize the production of rich media, particularly within sales and marketing organization, by creating a centralized management system for the digital asset, identify drivers and challenges. Report also forecast the Digital Asset Management market size in values and categorize on the basis of deployment type, application, and regional distribution to recognize and examine the key players which are already in Digital Asset Management system. Digital Asset Management Market To know about the Research Methodology :- Request Free Sample Report Digital Asset Management Market was valued at US$10.2 B in 2027. The Global Digital Asset Management Market size is estimated to grow at a CAGR of 13.5% over the forecast period.

Digital Asset Management Market Overview:

Digital Asset Management Market report gives appropriate data about a present market framework, increasing trends in digitalization streamlines asset management and optimize the production of rich media, particularly within sales and marketing organization, by creating a centralized management system for the digital asset, identify drivers and challenges. Report also forecast the Digital Asset Management market size in values and categorize on the basis of deployment type, application, and regional distribution to recognize and examine the key players which are already in Digital Asset Management system. 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. The past five years' trends are considered while forecasting the market through 2027. 2020 is a year of exception and analysis, especially with the impact of lockdown by region.

Digital Asset Management Market Dynamics:

With dynamic buyer conduct, the quantity of advanced resources and speed of computerized resource improvement is rising fundamentally across associations. With such a staggering growth in computerized resource volume, organizations are progressively relocating to the cloud for the capacity of their advanced resources. This has prompted the entry of new cloud-based DAM arrangement suppliers and constrained customary on-premises DAM arrangement suppliers to develop their answers for cloud stages. Man-made brainpower (AI) has altered the way the way that most computerized arrangements work. Henceforth, while picking DAM arrangements, organizations search for AI and ML abilities. Artificial intelligence based DAM arrangements assist organizations with mechanizing picture labelling, i.e., the task of catchphrases or metadata to computerized resources, like records, pictures, text, and recordings in view of what they contain. This computerized labelling empowers speedy ID, division, and recovery of advanced resources. Man-made intelligence additionally assists DAM arrangements with extricating metadata from the advanced resources, to perform legal investigation and evaluate the agreeable idea of computerized resources, which guarantee that the clients are not utilizing any satisfied exposed to copyrights. Metadata is basic to any DAM framework, as it helps DAM clients to rapidly find and recover the resources they require. In spite of the fact that, with regards to utilizing freely accessible advanced resources, like pictures, text, and other computerized content, the absence of metadata might make organizations be exposed to copyright encroachment claims. To keep away such issues, organizations need to survey that they have computerized resources containing a lot of metadata to make their DAM frameworks work. This includes bunches of manual work and expert abilities. Many DAM organizations additionally give counselling, combination, and execution administrations to help their clients in their DAM execution venture. Additionally, considering the upsides of DAM frameworks and the help being given by the DAM suppliers, such difficulties are brief.

COVID-19 impact on Digital Asset Management-

With the continuous work from home situation, worldwide lockdowns, and financial vulnerabilities brought about by COVID-19.They are improving their current items through coordinated efforts and item advancements. The shift from on-premises to cloud-based arrangements, a consistent advanced change, and a flood popular for secure computerized resource the executives during the COVID-19 have given sufficient chances to merchants of this market. Digital Asset Management Market Trends: • Cloud Digital Asset Management (DAM) democratizes computerized media the board and conveyance across an endeavor. Cloud DAM additionally vows to decrease the expense of tasks and increment efficiency while giving a solitary wellspring of truth to keep up with brand character. • Cloud Digital Asset Management influences front-end encounters. • The AI use cases for DAM incorporate optical person acknowledgment, discourse acknowledgment, and facial acknowledgment

Digital Asset Management Market Segment Analysis:

Based on Type, the Global Digital Asset Management Market is segmented into on-premises and cloud. Cloud type has 64% market share in 2021, as it is more secure than on-premises. Cloud contains more governance measures, which means less risk for hackings which is useful for any organization. Digital Asset Management Market

Digital Asset Management Market Regional Insights:

The North America region held the largest market share accounting for 40% in 2021. The North American DAM market is now full grown for DAM arrangements, attributed to North America's solid financial scene, early reception of cutting edge innovations, and high advanced reception at working environments to further develop business processes.The area is home to a few little as well too settled DAM arrangement suppliers, like Adobe, OpenText, Aprimo, Bynder, Cognizant, and Widen which are among the vital driving variables for the development of the DAM market in the region. The objective of the report is to present a comprehensive analysis of the Global Digital Asset Management Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Digital Asset Management Market dynamic, and structure by analyzing the market segments and projecting the Global Digital Asset Management Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Global Digital Asset Management Market make the report investor’s guide.

Digital Asset Management Market Scope: Inquiry Before Buying

Global Digital Asset Management Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 59.95 Bn.
Forecast Period 2022 to 2027 CAGR: 13.5% Market Size in 2027: US $ 89.37 Bn.
Segments Covered: by Type • On-premises • Cloud
by Application • Automotive and Manufacturing • BFSI • Healthcare • Retail and e-commerce

Digital Asset Management Market by Region:

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Digital Asset Management Market Key Players:

Cognizant Technology Solutions Corp • Oracle Corporation • CELUM GmbH • Adobe Systems Incorporated • Cloud nary Ltd • IBM Corporation • HP • Canto, Inc • Media beacon, Inc • Webdam • Mediavalet,Inc • Adobe • OpenText • Aprimo • Bynder • Sitecore • Widen Frequently Asked Questions: 1] What segments are covered in the Digital Asset Management Market report? Ans. The segments covered in the Digital Asset Management Market report are based on the Type and Application. 2] Which region is expected to hold the highest share in the Digital Asset Management Market? Ans. The North America region is expected to hold the highest share in the Digital Asset Management Market. 3] What is the market size of the Digital Asset Management Market by 2027? Ans. The market size of the Digital Asset Management Market by 2027 is expected to reach nearly US$ 13.5 Bn. 4] What is the forecast period for the Digital Asset Management Market? Ans. The forecast period for the Digital Asset Management Market is 2022-2027. 5] What was the market size of the Digital Asset Management Market in 2021? Ans. The market size of the Digital Asset Management Market in 2021 was valued at US$ 4 Bn.
1. Global Digital Asset Management Market Size: Research Methodology 2. Global Digital Asset Management Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Digital Asset Management Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Digital Asset Management Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Digital Asset Management Market Size Segmentation 4.1. Global Digital Asset Management Market Size, by Type (2021-2027) • On-premises • Cloud 4.2. Global Digital Asset Management Market Size, by Application (2021-2027) • Automotive and Manufacturing • BFSI • Healthcare • Retail and e-commerce 5. North America Digital Asset Management Market (2021-2027) 5.1. North America Digital Asset Management Market Size, by Type (2021-2027) • On-premises • Cloud 5.2. North America Digital Asset Management Market Size by Application (2021-2027) • Automotive and Manufacturing • BFSI • Healthcare • Retail and e-commerce 5.3. North America Digital Asset Management Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Digital Asset Management Market (2021-2027) 6.1. European Digital Asset Management Market, by Type (2021-2027) 6.2. European Digital Asset Management Market, by Application (2021-2027) 6.3. European Digital Asset Management Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Digital Asset Management Market (2021-2027) 7.1. Asia Pacific Digital Asset Management Market, by Type (2021-2027) 7.2. Asia Pacific Digital Asset Management Market, by Application (2021-2027) 7.3. Asia Pacific Digital Asset Management Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Digital Asset Management Market (2021-2027) 8.1. Middle East and Africa Digital Asset Management Market, by Type (2021-2027) 8.2. Middle East and Africa Digital Asset Management Market, by Application (2021-2027) 8.3. Middle East and Africa Digital Asset Management Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Digital Asset Management Market (2021-2027) 9.1. South America Digital Asset Management Market, by Type (2021-2027) 9.2. South America Digital Asset Management Market, by Application (2021-2027) 9.3. South America Digital Asset Management Market, by Country (2021-2027) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Cognizant Technology Solutions Corp 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Oracle Corporation 10.3. CELUM GmbH 10.4. Adobe Systems Incorporated 10.5. Cloud nary Ltd 10.6. IBM Corporation 10.7. HP 10.8. Canto, Inc 10.9. Media beacon, Inc 10.10. Webdam 10.11. Mediavalet,Inc 10.12. Adobe 10.13. OpenText 10.14. Aprimo 10.15. Bynder 10.16. Sitecore 10.17. Widen

About This Report

Report ID 7083
Category Information Technology & Telecommunication
Published Date May 2019
Updated Date April 2022
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