Global Digital Asset Management Market Growth (Status and Outlook) 2023-2029

Global Digital Asset Management Market Growth (Status and Outlook) 2023-2029

Product Code:461773

Published Date: Feb 08,2023

Pages: 123

Region: Global

Category: Service & Software

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Digital asset management (DAM) is a system which provides a central space for organizations to store, organize, find, access, and share digital content. Quick to deploy and easy-to-use, a centralized digital library provides peers, employees, clients, contractors, and other relevant key stakeholders controlled access to digital assets—including images, photos, creative files, video, audio, presentations, documents, and more.

The term digital asset management actually covers a large array of software solutions; from an individual’s digital file library or a photographer’s photo database to solutions that resemble enterprise content management. The most effective digital asset management software has core capabilities surrounding cloud-based storage, configurable file structures for quick findability, secure file-sharing capabilities, and features to support brand management. DAM enables creative workflow automation, archival and backups, usage tracking, e-commerce, and more. To further your knowledge about DAM,
LPI (LP Information)' newest research report, the “Digital Asset Management Industry Forecast” looks at past sales and reviews total world Digital Asset Management sales in 2022, providing a comprehensive analysis by region and market sector of projected Digital Asset Management sales for 2023 through 2029. With Digital Asset Management sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Asset Management industry.

This Insight Report provides a comprehensive analysis of the global Digital Asset Management landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Asset Management portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Asset Management market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Asset Management and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Asset Management.

The global Digital Asset Management market size is projected to grow from US$ 3646.7 million in 2022 to US$ 12310 million in 2029; it is expected to grow at a CAGR of 19.0% from 2023 to 2029.

According to the Segmentation of types, all the market of Digital Asset Managements can be divided as follows: Cloud Based and On-premise. The first kind need to mention is Cloud Based, it holds a comparatively larger share in global market, which accounts for about 60% in 2019. The following is On-premise took about 40% market share in 2019. 
Digital Asset Managements main application area is Brand Management System. In 2019, this sector hold a market share of about 34%. Then followed by the Library or Archive and Production Management Systems which account for about 33% and about 22%. 
IBM, Dell EMC, Cognizant Technology Solutions, Adobe, Oracle are the key players in the global Digital Asset Managements market. Top 5 totally took up more than 70% of the global market in 2019, among which Adobe is the leader with a market share of over 28%.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Asset Management market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Cloud Based
    On-Premise

Segmentation by application
    Brand Management System
    Library or Archive
    Production Management Systems

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Adobe
    Cognizant Technology Solutions
    Dell EMC
    IBM
    Aprimo
    Oracle
    Northplains
    Nuxeo
    OpenText
    MediaValet
    Canto
    Celum
    Bynder
    Bright (Asset Bank)
    Extensis
    Brandmaster
    Qbank
    Censhare
    Cloudinary
    Widen
    Wedia
    Brandfolder
    Percolate Industries
    IntelligenceBank