Product ID: SQSG45B2010
Report ID:
SQSG45B2010 |
Region:
Global |
Published Date: February, 2024
Pages:
165
|
Tables:
69 |
Figures:
75
Based on the region, the North American region currently dominates the digital asset management (DAM) market and is expected to continue its dominance, due to the expansion of social media in the region. Vendors have adopted digital asset management systems in response to the massive amount of information being produced as a result of rising social media usage in order to reach a broad audience as quickly as feasible. In North America, the thriving presence of well-known market participants like OpenText Corporation, Oracle Corporation, and increased demand for data analytics is projected to support the market expansion.
Similarly, adoption of digital marketing methods by businesses in the European region are expected to increase DAM adoption throughout the continent.
The Asia Pacific region is also expected to experience rapid growth over the coming years as it is moving rapidly towards digitization and also due to the growing popularity of cloud computing among small and medium-sized businesses owing to its advantages.
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REQUEST FREE CUSTOMIZATIONGlobal Digital Asset Management (DAM) Market size was valued at USD 3.49 billion in 2019 and is poised to grow from USD 4.11 billion in 2023 to USD 8.15 billion by 2031, growing at a CAGR of 18% in the forecast period (2024-2031).
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Product ID: SQSG45B2010