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Explore digital asset management (DAM) market growing at 30.4% CAGR to hit billion dollar industry

Explore digital asset management (DAM) market growing at 30.4% CAGR to hit billion dollar industry

Digital Asset Management (DAM) Market is expected to grow from $1.42 billion in 2015 to $ 5.36 billion by 2020, at a CAGR of 30.4%.

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APAC is growing at the highest rate in comparison to other regions. Moreover, countries in the region, mainly Australia, and Japan, are prominently adopting technologies and solutions within the organizations for increasing profits along with customer satisfaction.

The complete report on Digital Asset Management (DAM) Market spread across 162 pages, profiling 10 companies and supported with 76 tables and 62 figures.

Moreover, DAM is being used for marketing and promotional activities in many leading Asian companies.

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The driving factor for this region is the easy availability of the solution providers.

However, the high implementation cost of DAM solutions is restraining the adoption among various organizations.

List of Figures

Figure 1 Digital Asset Management Market Segmentation

Figure 2 Regional Scope

Figure 3 Digital Asset Management Market: Research Design

Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, and Region

Figure 5 Data Triangulation

Figure 6 Market Size Estimation Methodology: Bottom-Up Approach

Figure 7 Market Size Estimation Methodology: Top-Down Approach

Figure 8 Digital Asset Management Market: Assumptions

Figure 9 Top 3 Categories for the DAM Market During the Period of 2017–2022

Organizations are demanding DAM solutions that are cloud-based so that SMEs can also use DAM solutions at low cost. In the next five years, this region is expected to show a gradual adoption of DAM solutions and services among organizations.

Furthermore, the adoption of emerging technologies and the economic growth of countries such as India and China are driving the adoption of DAM solutions and services.

This study has been validated through primary interviews with various industry experts globally. The break-up profile of primary discussion participants is given here Tier 1 (30%); Tier 2 (50%) and Tier 3 (20%) companies were contacted for interviews.

The interviews were conducted with various key people such as C Level (46%), Directors Level (36%) and other (18%) from various key organizations. The primary interviews were conducted worldwide covering regions such as North America (25%), Europe (42%), Asia-Pacific (33%).

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