Thursday 17 October 2019

Digital Asset Management Market Trends | Cost, Demand & Share | Forecast To 2025


Digital Asset Management Market was valued at $1.45 billion in the year 2015 also expected to grow at considerable rate due to the increase in digital assets by leaps and bounds. Real time strategies driven by customers unlike the traditional strategies along with delivery models are reasons to drive the sales in the mentioned period.

The ever increasing demand for the content which is rich to promote products and brands is another driver expected to impact the market positively. Digital asset management suppliers comprise mainly of cloud-based organizations providing solutions with optimum expenses.
The major segment to expect largest growth is marketing due to its importance in sales assisting and real time assets access. DAM is extensively being adopted in sales and marketing because it helps maintaining the product and brand image.
DAM is also being used by photography sector to secure the access files and store photos. The photography sector is also expected to grow over coming years.
End-Use Insights
20% of the market share was occupied by media and entertainment in 2015. The increase in demand for content and quality has increased the development of content in this sector which drives the growth.
Smooth functioning of the DAM is the pivotal factor of media and entertainment as it helps in recollecting, managing and storing large amount of videos, audios, images and other files. DAM has made it easier to manage these assets making it the part of industry.
Regional Insights
25% of the total market is dominated by North America in 2015. This can be related to the continuous growth in social media in this region. DAM’s adoption has increased due to the generation of huge amount of content which also helps in reaching out to larger group in smaller times.
Market Segment:
Digital Asset Management Type Outlook (Revenue, USD Million; 2014 - 2025)
        • Solution
        • Service
Digital Asset Management Deployment Outlook (Revenue, USD Million; 2014 - 2025)
        • On-premise
        • Cloud
Digital Asset Management Enterprise Size Outlook (Revenue, USD Million; 2014 - 2025)
        • Small & Medium Enterprise
        • Large Enterprise
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