Media Asset Management Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Media Asset Management Market
The Media Asset Management market size was valued at USD 1.37 billion in 2023, and the market is now projected to grow from USD 1.53 billion in 2024 to USD 3.81 billion by 2032, exhibiting a CAGR of 13.9% during the forecast period of 2024-2032.
The spread of the worldwide COVID-19 widespread catalyzed a gigantic sum of media resources as individuals moreover were locked in in online content consumption resulting in the flourishment of media asset management market growth. With the world getting to be increasingly digitalized, there has been a colossal sum of rise within the substance and media, which is either made or expended. Amid the move stage, online video gushing administrations, sound utilization, advanced promoting, gaming, and social media utilize showcased a noteworthy rise. With an increasing number of companies contributing increasingly to computerized promoting campaigns, brand administration, PR, social media, sound and video spilling and publicizing, where activity's, pictures, and recordings are the key to a winning technique.
With the way substance utilization within the media & entertainment division is always advancing, the segment is getting to be more competitive and complex. It has been looking for ways to intellectuals scale down the operation costs and maximize the yields. Besides, the expansion of the web is driving to supplant conventional media channels such as cable and radio with on-demand spilling stages such as YouTube and Netflix. In this way, industry players are confronting the got to improve the quality as well as the amount of substance they produce to pull in buyers on a bigger scale to drive higher esteem. To assist fulfill this necessity, media companies are embracing progressed advances such as fake Insights.
With change in the buyer behavior, the sum of media resources and speed of enhancement are expanding essentially over companies. With such development in media resource volume, companies are progressively embracing cloud for the capacity of their media resources. This has driven to the entrance of modern cloud-based MAM arrangement suppliers and compelled conventional on-premises MAM arrangement suppliers to overhaul their arrangements for cloud stages.
Comprehensive Analysis of Media Asset Management Market
On the basis of deployment, the segment is fractioned into cloud and on-premise. The most part of the deployment segment was acquired by the cloud segment. The enterprise size is branched into three as large enterprise, small and medium sized enterprises. Amongst these enterprises, the small and medium sized was termed as the most vital and dominant one.
North America is anticipated to attain greatest value of USD 576.6 million with media asset management market share being dominant globally amid the figure period. The rising demand from different businesses within the North American region is anticipated to drive this advertise continually. MAM is within the stage of revitalization right now in North America as there's a gigantic rise in advanced information from web, social media, and sensors due to advancing innovations that capture and handle such information. Noticeable players from the United States and Canada are recognized as a noteworthy potential to progress related items, administrations, and client reach.
The key players are advertising MAM over all commerce portions. Major market players amplify the scope to make novel arrangements, update their devices and innovation, and reinforce their innovation capabilities. Too, through collaborations, companies are accomplishing mastery and expanding their trade by coming to a mass client base. The key players center on client reaches and advertise share extension through key procurement. The most remarkable key players are: Dalet (France), Microsoft Corporation (U.S.), Imagen (U.K.), Amazon (U.S.), Tedial (Spain), NEP Group (U.S.), Quantum Corporation (U.S.), VSN Video Stream Networks (Spain), Sony Group Corporation (Japan) and many more.
In June 2022, the company Imagen declared an coordinates association with Greenfly, a cloud-based computerized media computer program stage. This collaboration will fortify their mechanized collection, conveyed, and capacity sharing of advanced media for worldwide sports and amusement organizations.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD million)
Segmentation
By Deployment, Enterprise Size, and Region
By Deployment
Cloud
On-premise
By Enterprise Size
Small & Medium Size Enterprise
Large Enterprise
By Region
North America (By Deployment, By Enterprise Size, and By Country)
- U.S.
- Canada
- Mexico
- Brazil
- Argentina
- Rest of South America
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Benelux
- Nordics
- Rest of Europe
- Turkey
- Israel
- GCC
- North Africa
- South Africa
- Rest of the Middle East & Africa
- China
- India
- Japan
- South Korea
- ASEAN
- Oceania
- Rest of Asia Pacific
- 1. Introduction
- 1.1. Definition, By Segment
- 1.2. Research Methodology/Approach
- 1.3. Data Sources
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Macro and Micro Economic Indicators
- 3.2. Drivers, Restraints, Opportunities and Trends
- 3.3. Impact of COVID-19
- 3.3.1. Short-term Impact
- 3.3.2. Long-term Impact
- 4. Competition Landscape
- 4.1. Business Strategies Adopted by Key Players
- 4.2. Consolidated SWOT Analysis of Key Players
- 4.3. Global Media Asset Management Key Players Market Share Insights and Analysis, 2021
- 5. Global Media Asset Management Market Size Estimates and Forecasts, By Segments, 2018-2029
- 5.1. Key Findings
- 5.2. By Deployment (USD)
- 5.2.1. Cloud
- 5.2.2. On-premise
- 5.3. By Enterprise Size (USD)
- 5.3.1. Large Enterprise
- 5.3.2. Small & Medium size Enterprise
- 5.4. By Region (USD)
- 5.4.1. North America
- 5.4.2. South America
- 5.4.3. Europe
- 5.4.4. Middle East & Africa
- 5.4.5. Asia Pacific
- 6. North America Media Asset Management Market Size Estimates and Forecasts, By Segments, 2018-2029
- 6.1. Key Findings
- 6.2. By Deployment (USD)
- 6.2.1. Cloud
- 6.2.2. On-premise
- 6.3. By Enterprise Size (USD)
- 6.3.1. Large Enterprise
- 6.3.2. Small & Medium size Enterprise
- 6.4. By Country (USD)
- 6.4.1. United States
- 6.4.2. Canada
- 6.4.3. Mexico
- 7. South America Media Asset Management Market Size Estimates and Forecasts, By Segments, 2018-2029
- 7.1. Key Findings
- 7.2. By Deployment (USD)
- 7.2.1. Cloud
- 7.2.2. On-premise
- 7.3. By Enterprise Size (USD)
- 7.3.1. Large Enterprise
- 7.3.2. Small & Medium size Enterprise
- 7.4. By Country (USD)
- 7.4.1. Brazil
- 7.4.2. Argentina
- 7.4.3. Rest of South America
- 8. Europe Media Asset Management Market Size Estimates and Forecasts, By Segments, 2018-2029
- 8.1. Key Findings
- 8.2. By Deployment (USD)
- 8.2.1. Cloud
- 8.2.2. On-premise
- 8.3. By Enterprise Size (USD)
- 8.3.1. Large Enterprise
- 8.3.2. Small & Medium size Enterprise
- 8.4. By Country (USD)
- 8.4.1. United Kingdom
- 8.4.2. Germany
- 8.4.3. France
- 8.4.4. Italy
- 8.4.5. Spain
- 8.4.6. Russia
- 8.4.7. Benelux
- 8.4.8. Nordics
- 8.4.9. Rest of Europe
- 9. Middle East & Africa Media Asset Management Market Size Estimates and Forecasts, By Segments, 2018-2029
- 9.1. Key Findings
- 9.2. By Deployment (USD)
- 9.2.1. Cloud
- 9.2.2. On-premise
- 9.3. By Enterprise Size (USD)
- 9.3.1. Large Enterprise
- 9.3.2. Small & Medium size Enterprise
- 9.4. By Country (USD)
- 9.4.1. Turkey
- 9.4.2. Israel
- 9.4.3. GCC
- 9.4.4. North Africa
- 9.4.5. South Africa
- 9.4.6. Rest of MEA
- 10. Asia Pacific Media Asset Management Market Size Estimates and Forecasts, By Segments, 2018-2029
- 10.1. Key Findings
- 10.2. By Deployment (USD)
- 10.2.1. Cloud
- 10.2.2. On-premise
- 10.3. By Enterprise Size (USD)
- 10.3.1. Large Enterprise
- 10.3.2. Small & Medium size Enterprise
- 10.4. By Country (USD)
- 10.4.1. China
- 10.4.2. India
- 10.4.3. Japan
- 10.4.4. South Korea
- 10.4.5. ASEAN
- 10.4.6. Oceania
- 10.4.7. Rest of Asia Pacific
- 11. Company Profiles (Based on data availability in public domain and/or on paid databases)
- 11.1. Microsoft Corporation
- 11.1.1. Overview
- 11.1.2. Offerings/Business Segments
- 11.1.3. Employee Size
- 11.1.4. Key Financials
- 11.1.5. Recent Developments
- 11.2. Quantum Corporation
- 11.2.1. Overview
- 11.2.2. Offerings/Business Segments
- 11.2.3. Employee Size
- 11.2.4. Key Financials
- 11.2.5. Recent Developments
- 11.3. Amazon.com, Inc.
- 11.3.1. Overview
- 11.3.2. Offerings/Business Segments
- 11.3.3. Employee Size
- 11.3.4. Key Financials
- 11.3.5. Recent Developments
- 11.4. Sony Group Corporation
- 11.4.1. Overview
- 11.4.2. Offerings/Business Segments
- 11.4.3. Employee Size
- 11.4.4. Key Financials
- 11.4.5. Recent Developments
- 11.5. Dalet
- 11.5.1. Overview
- 11.5.2. Offerings/Business Segments
- 11.5.3. Employee Size
- 11.5.4. Key Financials
- 11.5.5. Recent Developments
- 11.6. Tedial
- 11.6.1. Overview
- 11.6.2. Offerings/Business Segments
- 11.6.3. Employee Size
- 11.6.4. Key Financials
- 11.6.5. Recent Developments
- 11.7. VSN Video Stream Networks S. L.
- 11.7.1. Overview
- 11.7.2. Offerings/Business Segments
- 11.7.3. Employee Size
- 11.7.4. Key Financials
- 11.7.5. Recent Developments
- 11.8. Imagen
- 11.8.1. Overview
- 11.8.2. Offerings/Business Segments
- 11.8.3. Employee Size
- 11.8.4. Key Financials
- 11.8.5. Recent Developments
- 11.9. Publitio
- 11.9.1. Overview
- 11.9.2. Offerings/Business Segments
- 11.9.3. Employee Size
- 11.9.4. Key Financials
- 11.9.5. Recent Developments
- 11.10. Vizrt Group
- 11.10.1. Overview
- 11.10.2. Offerings/Business Segments
- 11.10.3. Employee Size
- 11.10.4. Key Financials
- 11.10.5. Recent Developments
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