New York, NY, April 11, 2019 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Content Management Software Market by Deployment (On-Premises and Cloud-Based), by Organization Size (Small and Medium Enterprises and Large Enterprises), and by Vertical (Government and Public Utilities, Banking, Financial Services, & Insurance, Healthcare and Life science, IT and Telecommunication, Education, Defense, Publisher and Broadcaster, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2026”. According to the report, the global content management software market was valued at approximately USD 35,903 million in 2018 and is expected to generate around USD 123,500 million by 2026, at a CAGR of around 16.7% between 2019 and 2026.
Content management software (CMS) is a set of related programs or software applications that are used to generate and manage digital content. Content management software is usually used for web content management and enterprise content management. The content management software helps to keep the content sorted, sharp, and easily accessible. Moreover, the centralized storage system of CMS helps in maintaining the data well-organized, which is much needed for several industries, including IT, healthcare, banking, etc. Content management software enables collaboration at the workplace by integrating documentation and its management, management of digital asset and recording of retaining functionalities, and offering the users with role-based access to the organization's digital assets.
Browse through 72 Tables & 24 Figures spread over 110 Pages and in-depth TOC on “Global Content Management Software Market: Size, Share Trends, Analysis, Industry Reviews and Forecast, 2018-2026”.
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The exponential growth in the digital content across various enterprises is one of the major factors likely to fuel the growth of the content management software market globally over the forecast time period. Businesses across different industries are going through digital revolutions due to various benefits of digital content, such as better customer relationships, innovations in products and services, cost savings, and enhanced decision-making capabilities. This has led to exponential growth of commercial data. For example, the large volumes of digital data generated by the healthcare industry have been produced due to speedy digitalization of labor-intensive patient records driven by governmental regulations, and the necessity to provide better patient care at low cost.
The global content management software market is segmented into deployment, organization size, and vertical. Based on deployment, the market includes on-premises and cloud-based. The cloud-based segment is anticipated to show the highest CAGR over the forecast time period, owing to increasing technology adoption and its ease of access and faster setup.
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By organization size, the market is segmented into small and medium enterprises and large enterprises. The small and medium enterprise segment is anticipated to show the highest CAGR over the estimated time period, owing to rapidly increasing penetration of small and medium enterprise in emerging economies, rising awareness about well-organized workflow and content management software.
The vertical segment includes government and public utilities, banking, financial services, and insurance, healthcare, and life science, IT and telecommunication, education, defense, publisher and broadcaster, and others. The IT and telecommunication segment will hold the largest market share in the future, due to the growing IT industry base and the rising need for document management in the sector. The healthcare and life science segment is anticipated to show the highest CAGR in the years ahead, owing to high technological developments in this sector.
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North America held a dominant share of the global content management software market in 2018 and is anticipated to continue its dominance in the forthcoming years as well. A large number of treatment options, high awareness of content management software, and increasing adoption of advanced digital methods to smoothen the workflow will drive the North American market over the forecast time period. Moreover, high investments for the development of new devices and software will also boost this regional market. The well-established IT industry of the U.S. is significantly contributing to the huge share of the country in the region. Furthermore, the large consumer base preferring technically advanced customer interface software is also expected to propel the region’s market in the future.
Europe is estimated to hold the second largest share of the global content management software market over the review time period, owing to strong the region’s IT base and favorable government regulations. Germany and UK are predicted to dominate the European content management software market due to rapidly developing technologies and high adoption of management software tools that provide an organization with a way to manage digital information on a website through creating and maintaining content without prior knowledge of web programming or markup languages.
Browse the full “Content Management Software Market by Deployment (On-Premises and Cloud-Based), by Organization Size (Small and Medium Enterprises and Large Enterprises), and by Vertical (Government and Public Utilities, Banking, Financial Services, & Insurance, Healthcare and Life science, IT and Telecommunication, Education, Defense, Publisher and Broadcaster, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018-2026” Report at https://www.zionmarketresearch.com/report/content-management-software-market
The Asia Pacific content management software market is expected to show the highest CAGR in the future, owing to rising investments and focus on healthcare data management, increasing awareness about content management software, escalating research and development expenditure and, growing penetration of medium and small scale enterprises in the region. The growing adoption of technically advanced systems, urbanization, and increased cybercrimes are also contributing to the Asia Pacific market.
Latin America and the Middle East and Africa will contribute minimum toward the global market in comparison to other regions due to low awareness about management software and services, the high cost of integration, low disposable income, and lack of skilled personnel. Brazil dominated the Latin American content management software market in 2018, owing to rising awareness about advanced IT systems and growing healthcare infrastructure.
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Some key players of the global content management software market are Adobe Systems Incorporated, Awmous, LLC (Slickplan), ClubRunner, Contentful GmbH, Dries Buytaert and Drupal Association, Higher Pixels (Buzzsprout), Hyland Software, Inc. (On Base), Kentico Software, KINDFUL (Populr.me), LLC ”Softnews Media Group”, Open Source Matters, Inc., Panopto, Progress Software Corporation, Rakuten, Inc. (Aquafadas Sasu A Rakuten Company), Third Light Ltd., Tiled, Inc., Webflow, Inc., WordPress Foundation, Wrike, Inc., and Xerox Corporation.
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This report segments the global content management software market into:
Global Content Management Software Market: Deployment Analysis
- On-Premises
- Cloud-Based
Global Content Management Software Market: Organization Size Analysis
- Small and Medium Enterprises
- Large Enterprises
Global Content Management Software Market: Vertical Analysis
- Government and Public Utilities
- Banking, Financial Services, and Insurance
- Healthcare and Life science
- IT and Telecommunication
- Education
- Defense
- Publisher and Broadcaster
- Others
Global Content Management Software Market: Regional Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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