Global Corporate Heritage Data Management Market to Reach $2 Billion by 2030
The global market for Corporate Heritage Data Management estimated at US$587.5 Million in the year 2023, is expected to reach US$2 Billion by 2030, growing at a CAGR of 19% over the period 2023-2030. Digital Asset Management (DAM), one of the segments analyzed in the report, is expected to record 19.8% CAGR and reach US$1.5 Billion by the end of the analysis period. Growth in the Digital Collection Management segment is estimated at 17% CAGR for the next 7-year period.
The U.S. Market is Estimated at $181.9 Million, While China is Forecast to Grow at 17.9% CAGR
The Corporate Heritage Data Management market in the U.S. is estimated at US$181.9 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$330.7 Million by the year 2030 trailing a CAGR of 17.9% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.1% and 16.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 13.8% CAGR.
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