The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The content services platforms market has experienced exponential growth in recent years, with the market size expected to reach $62.61 billion in 2024, growing at a compound annual growth rate (CAGR) of 20.0%. This growth can be attributed to factors such as the transition to digital content, the rise of enterprise content management (ECM), and the integration of collaboration tools. Looking ahead, the market is projected to continue its rapid expansion, reaching $130.18 billion by 2028, with a CAGR of 20.1%.

Surging Remote Work Trend Boosts Content Service Platforms Market Growth

The increasing shift to remote work is expected to drive the growth of the content service platforms market. With more employees working from home or other remote locations, there is a growing need for efficient and secure content management, collaboration, and sharing across distributed teams. Content service platforms (CSPs) play a crucial role in enabling remote work by providing a centralized platform for storing, accessing, and sharing digital content. This trend is reflected in a survey conducted in 2022, where 97% of respondents expressed a desire for full-time remote work or a hybrid work arrangement. This shift towards remote work is driving the demand for content service platforms.

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Key Players Introducing Next-Gen Content Services Platforms

Technological advancement is a key trend in the content services platforms market, with major companies introducing new technologies to strengthen their market position. For example, Opentext launched a new content services platform, OpenText Core Content and OpenText Core Case Management, to power the modern cloud. This solution provides a unified approach to managing an organization’s content lifecycle by combining content management and case management, with deep integration with SAP S/4HANA in the public cloud.

Hyland’s Acquisition Of Nuxeo To Strengthen Its Position In Content Services Platforms

In April 2021, Hyland Software acquired Nuxeo to strengthen its position in the content services platforms market. This acquisition will enhance Hyland’s cloud-based content services platforms and provide new opportunities for the organizations they serve. Nuxeo is known for its open-source content management system, and the acquisition will help Hyland expand its offerings and capabilities in the market.

Market Segmentation

The content services platforms market is segmented by component, deployment type, business function, enterprise size, and verticals. Components include solutions and services, while deployment types include on-premise and cloud-based solutions. Business functions catered to include human resources, sales and marketing, accounting and legal, and procurement and supply chain management. The market serves large enterprises and SMEs across various verticals such as banking, financial services, and insurance, retail and consumer goods, energy and utilities, government and public sector, healthcare and life sciences, IT and ITeS, manufacturing, media and entertainment, telecommunication, and other verticals.

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The Content Services Platforms Global Market Report 2024  provides an overview of the content services platforms market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The content services platforms market forecast analyzes content services platforms market size, content services platforms market share, leading competitor and their market positions.

The Table Of Content For The Content Services Platforms Market Include:
1. Content Services Platforms Market Executive Summary
2. Content Services Platforms Market Segments
3. Content Services Platforms Market Size And Content Services Platforms Market Growth Rate
4. Key Content Services Platforms Market Trends
5. Major Content Services Platforms Market Drivers
……
25. Key Mergers And Acquisitions In The Content Services Platforms Market
26. Top Content Services Platforms Companies
27. Content Services Platforms Market Opportunities And Strategies
28. Content Services Platforms Market, Conclusions And Recommendations
29. Appendix

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