Learn about the global digital asset management market through The Business Research Company, which provides information on digital asset management market size, digital asset management market drivers and restraints, digital asset management market players, the COVID-19 impact on the digital asset management market, and more.

The global digital asset management market is expected to grow from $3.60 billion in 2020 to $4.30 billion in 2021 at a compound annual growth rate (CAGR) of 19.4%. The change in growth trend of the DAM market is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The DAM market is expected to reach $7.96 billion in 2025 at a CAGR of 16.6%.

The increasing prevalence of cloud-based digital asset management (DAM) solutions is expected to drive innovation in digital asset management, thus driving the market during the forecast period.

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The digital asset management (DAM) market consists of sales of digital asset management solutions by entities (organizations, sole traders, and partnerships) that improve productivity and efficiency by removing the need to request assets each time. Digital asset management is a software-based solution that allows organizations to store, retrieve, and use digital assets quickly. Digital assets are files like videos, music, photos, documents, and other media containing the rights to use them. DAM is an organization’s content sharing and storage solution.

Global digital asset management market segments include:

By Type: Solution, Services

By Deployment Type: On-Premises, Cloud

By Enterprise Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)

By Application: Sales, Marketing, IT, Photography, Graphics And Designing, Others

By End User: Media And Entertainment, BFSI, Retail, Healthcare, Automotive And Manufacturing, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the digital asset management market in 2020.

Technological advancement is a key trend shaping the digital asset management (DAM) market. Major companies operating in the digital asset management sector are focused on developing technologically advanced solutions for DAM.

TBRC’s digital asset management market report covers:

Major Market Players: Adobe, OpenText, MediaBeacon, Aprimo, Bynder, Widen, Cognizant, CELUM, Canto, Northplains, Oracle Corporation, IBM Corporation, Nuxeo, Digizuite, Cloudinary, MediaValet, Extensis, QBNK Holding AB, Dell Technologies, IntelligenceBank, Sitecore, Wedia, Censhare, BrandMaker, Brandfolder, Bright, MarcomCentral, Filecamp, and Webdam Inc.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Digital Asset Management Global Market Report 2021: COVID-19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides digital asset management market overviews, analyzes and forecasts market size, share, digital asset management market players, digital asset management market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s digital asset management market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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