The Cloud Enterprise Management Market size is estimated at USD 35.11 billion in 2024, and is expected to reach USD 74.80 billion by 2029, growing at a CAGR of 16.33% during the forecast period (2024-2029).
Solutions for enterprise content management (ECM) enable a firm to fully leverage the customer and company knowledge embedded in its content. Business content is captured, stored, activated, analyzed, and automated by ECM solutions, which create new value from previously unstructured and inaccessible data.
The cloud enterprise management market is consolidated because the majority of the market share is owned by top players in the industry. Small and medium-sized businesses are improving their cloud services. Still, the top companies have attracted a significant number of customers and are making considerable investments in new technologies and innovations. Alfresco Software Inc., Docuware GmbH, Hewlett Packard, Lexmark International Ltd., Microsoft Corp., Oracle Corp, Newgen Software Inc., Xerox Corp., IBM Corporation, and OpenText Inc. are a few of the major participants.
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