According to a market report by Lucintel, the future of the global cloud enterprise content management market looks promising with opportunities in the document management, case management, workflow management, record management, and e-discovery markets. The global cloud enterprise content management market is expected to reach an estimated $71.05 billion by 2030 with a CAGR of 15.7% from 2024 to 2030. The major drivers for this market are increasing uptake of cloud computing technology, growing adoption of digital content across various enterprises, and rising trend of enterprise mobility.
In this market, public cloud, private cloud, and hybrid cloud are the
major segments of cloud enterprise content management market by deployment model.
Lucintel forecasts that hybrid cloud is expected to witness highest
growth over the forecast period as it helps in maximizing private cloud's
flexibility and security while minimizing cost.
Within this market, document management will remain the largest segment
due to increasing need to maintain metadata files owing to significant rise in
organizational content, generated on a daily basis.
North America will remain the largest market over the forecast period due
to on-going technological advancement in content management and growth of
hybrid cloud industry in the region.
Fabasoft, Lexmark International, Microsoft, M-Files, Opentext, Oracle,
Hyland Software, Alfresco Software, Adobe Systems, and Xerox are the major
suppliers in the cloud enterprise content management market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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