Content Management Software Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Components (Solutions and Services), By Solutions (Content Lifecycle, Document Imaging, Web Content, Digital Asset, Mobile Content), By Service (Professional Services and Managed Services)By Region, Competition 2018-2028
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationContent Management Software Market – Global Industry Size, Share, Trends, Opportunity, and Forecast Segmented By Components (Solutions and Services), By Solutions (Content Lifecycle, Document Imaging, Web Content, Digital Asset, Mobile Content), By Service (Professional Services and Managed Services)By Region, Competition 2018-2028
| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 18.5 Billion |
| CAGR (2023-2028) | 5.28% |
| Fastest Growing Segment | Content Management Software |
| Largest Market | North America |
Market Overview
Global Content Management Software Market has valued at USD 18.5 Billion in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 5.28% through 2028. The market for content management software is projected to be driven in part by factors such as the demand for ever-increasing amounts of data as well as the growing number of cloud-based platforms. The Global Content Management Software Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Any internet content, including images, videos, new papers, and any other type of content, can be organized for storage using content management software. Additionally, an organization may create, edit, review, and publish electronic content thanks to the numerous apps and tools made found at by these systems. Additionally, the market for content management software is increasingly being used to support websites that contain a variety of editors and sections, such as government and newspaper websites. A content management system (CMS) typically consists of two main partsa content delivery application (CDA), which compiles the content and updates the website, and a content management application (CMA), which serves as the front-end user interface and allows users of any level of expertise to add, modify, and remove content from a website without the help of a webmaster.
The government, the consumer goods business, the life science, healthcare, retail, and the defense industry are just a few of the many rapidly expanding contributors fueling the content management software market. The market for content management software is anticipated to be driven by the exponential rise in data requirements and the expansion of cloud computing platforms. However, the development of the business content management system market is hampered by high initial implementation costs and SMEs' lack of knowledge on how to apply the best solution for their particular needs.
Key Market Drivers
Content Management Software Market Provides the Potential To Organize The Storage Of Any Online Content
The Content Management Software Market provides the potential to organize the storage of any online content, including photographs, videos, new papers, and any other type of online content. In addition, the many applications and tools that are made found at by these systems make it possible for an organization to easily produce, edit, review and publish electronic content. In addition, the Content Management Software Market is becoming increasingly utilized for the purpose of sustaining websites that have a number of different editors and sections, such as websites run by governments and newspapers.
The transportation industry, education sector, hospitality industry, retail sector, healthcare sector, government and corporate sector, entertainment and sports venues, and so on are all examples of industrial applications of content management software. A content management system (CMS) typically consists of two major componentsa content management application (CMA), which serves as the front-end user interface and enables a user with any level of expertise to add, modify, and remove content from a website without the assistance of a webmaster; and a content delivery application (CDA), which compiles the content and updates the website.
Both of these applications are known as the front-end user interface. On-premises and cloud-based CMS installations are the two primary deployment models found at. The content management system (CMS) software is able to be installed locally, or on-premises, on the server. Businesses that prioritize flexibility in their organizational structure frequently opt for this strategy. WordPress.org, Drupal, Joomla, ModX, and a few other content management systems are examples of notable CMSs that can be installed locally. The cloud-based content management system is hosted in the environment of the vendor.
When using this strategy, the content management system (CMS) software cannot be customized for the end-user. Squarespace, WordPress.com, and WIX are a few examples of notable cloud-based content management systems. Artificial intelligence (AI) and machine learning are being integrated into the basic platform of content management software, which is bringing up new market opportunities. These tools are increasingly becoming significant enablers of many content management software programs. A good example is the rise of personalized technologies.
Rapidly Expanding Contributions from Many Industries
The primary drivers that are driving the growth of the Content Management Software Market include rapidly expanding contributions from many industries, including the government, the consumer goods industry, life science, healthcare, retail, and the defense industry. The Content Management Software Market is also expected to be driven by the exponentially growing data requirements in conjunction with the growing number of cloud platforms. Through the provision of improved collaborative tools and accurate statistics, Content Management Software Market guarantees the effective management of content for a variety of businesses located all over the world. As a consequence, this leads to solutions that are both cost-effective and performance-enhancing, as well as an improvement in the administration of the information technology infrastructure and an increase in the effectiveness of decision-making.
The expansion of the Content Management Software Market is also expected to be driven by decreases in the prices of servers, connectivity, LCD panels, and networking devices. It is projected that developments in technologies like graphics, high-definition movies, and animations, which result in altered content, will boost market demand. In addition, the growing popularity of bringing your device (BYOD), tablets, smartphones, mobile productivity apps, and cloud services is anticipated to boost the expansion of the market. It is projected that the increasing availability of multichannel and single-source platform solutions would further reduce hassles and delays in the supply of solutions to end-users, which will drive market growth.
Key Market Challenges
Increasing Complexity of Acquiring Information
The increasing complexity of acquiring information, in conjunction with a lack of knowledge of end-users, may be a barrier to the expansion of the market. In addition, the increasing complexity of this software as well as the growing expectations of end-users may act as a barrier to the expansion of the market. However, prospective trends such as the rise in marketing automation, customer relationship management, expanding smart device usage, use of online management systems, rising e-commerce systems, and an increasing number of social intranets are projected to drive market expansion in the coming years.
The Misperceptions Regarding the Risks To Data Security And Privacy Hamper The Market Growth
Organizations worldwide are hesitant to implement new solutions that entail handling or moving data from one platform to another because security and compliance are their top concerns. Data gathering and transmission from one channel to another are involved in content management. Many businesses believe that content management solutions could result in data breaches in their highly abstracted data sets because they lack sufficient information about security frameworks and how to implement them.
Key Market Trends
Shift to Headless CMS
One of the most notable trends in the CMS market is the shift towards headless CMS. Traditional CMS platforms tightly couple content management with presentation, limiting flexibility and scalability. Headless CMS decouples content from the frontend, allowing organizations to deliver content across various channels and devices seamlessly. This trend is driven by the growing need for omnichannel content delivery, enabling businesses to reach customers through websites, mobile apps, IoT devices, and more.
Emphasis on Content Personalization
Personalization is paramount in today's digital landscape. CMS solutions are increasingly incorporating AI and machine learning capabilities to analyze user data and provide tailored content recommendations. By delivering personalized content, organizations can enhance user engagement, drive conversions, and improve customer satisfaction. This trend aligns with the growing demand for hyper-targeted marketing and user experiences.
Integration with E-commerce Platforms
The convergence of CMS and e-commerce is another significant trend. Many businesses are now looking for CMS solutions that seamlessly integrate with e-commerce platforms to create compelling online shopping experiences. This integration enables content-driven e-commerce strategies, including product recommendations, dynamic pricing, and content-rich product pages. As online shopping continues to grow, this trend is expected to gain further traction.
Multilingual and Globalization Support
As businesses expand their reach globally, there is a growing demand for CMS solutions that support multiple languages and localization. Multilingual capabilities enable organizations to deliver content to diverse audiences, ensuring cultural sensitivity and relevance. This trend is particularly crucial for e-commerce, media, and multinational corporations.
Segmental Insights
Components Insights
The possibilities of what ECM solutions are capable of doing have broadened as a result of recent developments in cloud and analytics technology, as well as the ongoing incorporation of social collaboration tools. The sheer volume of content that is being created and stored can be mind-boggling; over time, the advancements in cloud and analytics technologies will increase the need among end-users for improved usability and mobility.
All of these factors point to the deployment of ECM in the cloud as the major strategy for increasing the effectiveness of enterprise content management. These Services aid in the creation, assessment, and utilization of ECM environments in order to prevent wasting time and effort on a disastrous implementation. Businesses demand active help from trained staff during the pre-and post-installation of ECM solutions to reduce downtime..
Regional Insights
The North America region has established itself as the leader in the Global Content Management Software Market with a significant revenue share in
Recent Developments
- Hyland purchased Nuxeo, a content services platformand digital asset management (DAM) provider, in April 2021. The successfulacquisition places Hyland in charge of the whole Nuxeo business, includinggoods and technology.
- Laserfiche 11 was released in March 2021, withvarious new capabilities to help users search, work with, and share documents,as well as the introduction of direct share for self-hosted systems and therelease of Audit Trail 11. Numerous bug fixes and performance enhancements arealso included in this release.
- In December 2020, IBM added a virtual processorcore (VPC) licensing option to IBM Content Manager Enterprise Edition V8.6, IBMContent Manager OnDemand for Multiplatform V10.5, and IBM Content ManagerOnDemand for I V7.4 to improve ordering flexibility and provide alternatives touser-based licensing.
- OpenText Core Content and OpenText Core CaseManagement, two new content services platforms, were announced in April 2021.This solution provides a single approach to managing an organization’s contentlifecycle in the context of its formal and informal business processes bycombining content management, case management, and integration into leadapplications.
Key Market Players
- Oracle Corporation
- OpenTextCorporation
- CiscoSystems Inc.
- IBMCorporation
- EMCCorporation
- MicrosoftCorporation
- HylandSoftware
- XeroxCorporation
- T-Systems Ltd
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