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Global Data Asset Management Market: Rising Focus on Digital Asset Organizations to Boost Adoption in Enterprise Sector, says TMRALBANY, New York, June 14, 2017 /PRNewswire/ -- The global market for digital asset management features the presence of several well-established companies and a large number of small- and medium-scale emerging companies as well, rendering the competitive landscape highly fragmented, observes Transparency Market Research (TMR) in a recent report. North America is home to some of the most influential vendors in the market, including IBM Corporation, Microsoft Corporation, Oracle Corporation, and Dell EMC. The intense competition in the market, characteristic of a fragmented vendor landscape, has compelled companies to focus on the development of innovative products and concentrate on strategic alliances with companies in high growth potential application segments and regional markets. A recent instance is the strategic collaboration between Commvault and Crayon, a global leader in management, consultancy, and service provider licensing. Under the partnership, Commvault's data management software platform, Simpana, was integrated into Crayon's portfolio of leased software solutions for cloud hosting service providers in the Europe, Middle East, and Africa region. Transparency Market Research estimates that the global digital asset management market, which valued at US$1,732.5 mn in 2016, will exhibit a CAGR of 15.6% from 2017 to 2025 and rise to a valuation of US$6,327.8 mn in 2025. North America to Remain Leading Revenue Contributor to Global Market In terms of application, the segment of marketing and sales accounted for over 50% of the global market in 2016 and is expected to remain the leading application area using a variety of DAM solutions over the forecast period as well. From a geographical perspective, North America has been identified to be the leading contributor of revenue to the global digital asset management market. The region held over 30% of the global market in 2016, chiefly owing to the presence of leading players such as Oracle Corporation, IBM Corporation, and Dell EMC. Furthermore, the increasing application of digital asset management is marketing and sales is aiding to the growth of the market in this region. Get PDF Sample for this Research Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=10778 Rising Volume of Complex Data Sets Encourages Adoption of DAM Solutions One of the key factors to have significantly increased the overall global demand for digital asset management solutions globally is the increased priority of the enterprise sector to the organization of digital assets. Moreover, the increased realization regarding the fact that the integration of cloud-based solutions expedites the functionality and offers mobile accessibility to digital data transfer and processing is also a key factor aiding the inreased usage of DAM solutions globally. Owing to this, big organizations are gradually implementing DAM services in order to manage their digital assets systematically. The rapid rate of digitization of the enterprise as well as public sectors has also encouraged the usage of digital marketing solutions and applications in different organization for various purposes such as asset analytics and other lifecycle and rights management. Moreover, the enterprise sector has started focusing on the high value of data and the need to store it securely. Additionally, the momentous increase in complex data sets and the limitations of manually operated data management activities in efficiently managing such data has presented the vast need for effective digital asset management solutions. High Costs to Deter Small Enterprises from Adopting DAM Solutions However, the high cost associated with implementing digital asset management solutions is restraining the demand of the market during the forecast period. Nevertheless, several smaller players offer DAM solutions which can be customized to perform specific solutions based upon the need of the customer. This is expected to drive the demand for DAM in small and medium enterprises. Get more information from Research Report Press Release: http://www.transparencymarketresearch.com/pressrelease/digital-asset-management-market.htm This review of the market is based on a recent market research report published by Transparency Market Research, titled "Digital Asset Management Market (Solution - Asset and Metadata Archiving, Video Management, Web Content Management, Creative Tool Integration, and Lifecycle and Rights Management; Deployment Model - Enterprise, On-premise, and Cloud; Application - Marketing, Sales, Information Technology, and Photography and Graphic Designing) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025." The report segments the digital asset management market as follows: Global Digital Asset Management Market, By Solutions
Global Digital Asset Management Market, By Deployment Model
Global Digital Asset Management Market, By Application
Global Digital Asset Management Market, By Geography - North America
- Europe
- Asia-Pacific
- Middle East and Africa
- Latin America
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About Us Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR's syndicated reports strive to provide clients to serve their overall research requirement. US Office Contact: Website: http://www.transparencymarketresearch.com Google+: https://plus.google.com/+Transparencymarketresearch 
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