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Web content management market forecast to 2023 insights shared in detailed report

IT Market Research

Web Content Management Market By Deployment Type (Cloud, On-Premises) By Industry Sector (Hospitality, Telecom and IT, Education, Healthcare).

GLOBAL WEB CONTENT MANAGEMENT MARKET was valued at USD 5.01 Billion in the year 2017. Global Web Content Management Market is further estimated to grow at a CAGR of 15.08% from 2017 to reach USD 11.63 Billion by the year 2023.

North America region holds the highest market share in 2017 and Asia-Pacific market is considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S.

as well the emerging markets like China with highest population base holds the notable market share in 2017 and it is projected to grow at a gradual pace in the coming years.

Microsoft Corporation (US), IBM Corporation (US), Oracle Corporation (US), OpenText Corporation (Canada), Adobe Systems Incorporated (US) are some of the key players in the Web Content Management Market with IBM Corporation holding the substantial market share because of its better technological advancements and global reach. Technological upgradation to cater to changing demand of end users.

Similarly, growth strategies such as acquisition & merger were few techniques adopted by most of the top players in last 5 years.

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Drivers:

             Increasing use of digital marketing techniques by organizations

Restraints:

             Managing vast content on the website

Opportunities:

             Adoption of e-learning in educational sectors

Challenges:

             Maintaining content authenticity

Between Hospitality, Telecom and IT, Education, Healthcare, Retail, Media & Entertainment, Retail segment because of the growing popularity and availability is expected to hold the highest market share during the forecast period.

The Retail segment is also expected to grow at the highest CAGR of XX% during the year 2018-2023.

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Key Benefits for Stakeholders

Web Content Management Solutions & Service Providers

Research and Consulting organization

Technology Standards Organizations, Forums, Alliances and Associations

End-use industries

Regulatory bodies, policy actors, and consumers.

By Deployment Type

Cloud

On-Premises

By Industry Sector

Hospitality

Telecom and IT 

Education

Healthcare

Retail

Banking, Financial Services, and Insurance

Media & Entertainment

By Component

Solutions

       Web Experience Management

       Mobile and Social Content Management

       Digital Marketing Management

       Others

Services

       Consulting

       Training

By Region

North America

Europe

Asia-Pacific

ROW

Key Market Players

Microsoft Corporation

IBM Corporation

Opentext Corporation

Oracle Corporation

Adobe Systems Incorporated

SDL PLC

Aquia, Inc.

E-Spirit AG

Episerver, Inc

Crownpeak Technology

Rackspace Hosting, Incorporation

Sitecore Corporation A/S

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News From

Genesis Market InsightsGenesis Market Insights
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