Content Services Platforms Market 2019 Global Trend, Segmentation and Opportunities Forecast To 2023
The global ContentServices Industry size is expected to grow from USD 22.6 billion in 2018 to USD60.3 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 21.7% duringthe forecast period. The major factors driving the growth of the market areincreasing need of enterprises to effectively use enterprise data, facilitatebetter collaboration among geographically dispersed teams, better control overinformation, and alignment of content strategy with business goals.
DownloadPDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=334475
The ContentServices Industry includes major vendors, such as Microsoft (US), Hyland (US),OpenText (Canada), Box (US), Laserfiche (US), Adobe (US), IBM (US), M-Files(Finland), Nuxeo (US), Objective (US), Fabasoft (Austria), Micro Focus (UK),GRM Information Management (US), Everteam (France), DocuWare (Germany),Alfresco (US), Newgen (India), SER Group (Germany), and Oracle (US). The majorplayers have implemented various growth strategies to expand their globalpresence and increase their market shares. Key players such as Hyland,OpenText, Box, and M-Files, have majorly adopted many growth strategies, suchas new product launches, acquisitions, and new expansions in differentcountries to increase their product portfolios and grow further in the CSP market.
Hyland offers OnBase flagship product in theCSP market, along with other products, such as ShareBase and AirBase. OnBase isa single enterprise information platform that manages content, processes, andcases deployed on-premises and cloud or both. OnBase has enabled enterprises totransform across the globe by empowering them to become more agile, efficient,and effective by offering ECM, case management, BPM, and records management,and capture data on a single central platform. Hyland delivers its products andservices either directly or through an extensive partner network. The companyhas a strong presence in the market and offers a broad set of product portfoliofor CSP customers, which is evident from the number of acquisitions it has madein recent years. It has acquired OneContent, Perspective business unit, andAcrosoft which has improved its customer base and product portfolioextensively. Moreover, this acquisition strategy has improved the value of itsCSP platform significantly.
OpenText offers Content Suite Platform andDocumentum Platform products which were acquired from Dell EMC. These productsare available as on-premises, private and public cloud, managed hosted, SaaSand hybrid deployment models. The company’s CSP offering integrated withvarious applications from companies, such as Salesforce and SAP. OpenText hasextensively focused on the acquisitions strategy, which can be seen from thenumber of acquisitions the company has made in recent years. This strategy hasenhanced its product portfolio in the CSP marketspace and enabled the companyto maintain a significant position in the CSP market. Moreover, theacquisitions strategy has enhanced the CSP offering and further improved thebrand image of the company among end users. OpenText is a good fit forregulated verticals and firms looking for expansive content services that meetvaried use cases and business processes of unstructured content.
BrowseComplete Report @ https://www.marketsandmarkets.com/Market-Reports/content-services-platforms-market-334475.html
