Enterprise Content Management (ECM)
Global Enterprise Content Management (ECM) Market to Reach $143.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Enterprise Content Management (ECM) estimated at US$48.1 Billion in the year 2022, is projected to reach a revised size of US$143.7 Billion by 2030, growing at aCAGR of 14.7% over the period 2022-2030. Solutions, one of the segments analyzed in the report, is projected to record 14.4% CAGR and reach US$105.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Services segment is readjusted to a revised 15.4% CAGR for the next 8-year period.
The U.S. Market is Estimated at $12.9 Billion, While China is Forecast to Grow at 19.2% CAGR
The Enterprise Content Management (ECM) market in the U.S. is estimated at US$12.9 Billion in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$34.2 Billion by the year 2030 trailing a CAGR of 19.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 12.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.5% CAGR.
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