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Enterprise Content Management Market worth $78.4 billion by 2029 – Exclusive Report by MarketsandMarkets™

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CHICAGO, May 23, 2024 /PRNewswire/ — Cloud usage, AI and machine learning for automation and analytics, and interaction with other enterprise systems are the key drivers of Enterprise Content Management’s (ECM) future. Improved user experience and mobility, increased security and compliance, and the creation of Content Services Platforms (CSPs) for more adaptable, user-centric solutions are among the focus areas.

The global Enterprise Content Management Market will grow from USD 47.6 billion in 2024 to USD 78.4 billion by 2029 at a compounded annual growth rate (CAGR) of 10.5% during the forecast period, according to a new report by MarketsandMarkets™.
Browse in-depth TOC on “Enterprise Content Management Market”
322 – Tables 63 – Figures354 – Pages
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Scope of the Report
Report Metrics
Details
Market size available for years
2019–2029
Base year considered
2023
Forecast period
2024–2029
Forecast units
Value (USD Million/Billion)
Segments Covered
Offering, Organization Size, Business Function, Deployment Mode, and Vertical
Geographies Covered
North America, Europe, Asia Pacific, Middle East Africa, and Latin America
Companies Covered
Some of the significant enterprise content management market vendors are Microsoft (US), OpenText (Canada), Box (US), Hyland (US), IBM (US), Adobe (US), Xerox (US), Atlassian (Australia), KYOCERA Corporation (Japan), and Oracle (US).
The increasing volume of digital content drives the enterprise content management market, and organizations must manage it efficiently. With the rapid growth of data, organizations face challenges related to content creation, storage, retrieval, and security. ECM solutions help organizations streamline content management processes, improve collaboration, and ensure compliance with regulatory requirements. They enable organizations to access their content from anywhere, anytime, using any device, making them ideal for remote work environments and distributed teams. Additionally, ECM solutions eliminate the need for organizations to invest in expensive hardware and infrastructure, making them an attractive option for small and medium-sized businesses.
The increasing focus on regulatory compliance and data security drives the enterprise content management market. Organizations across various industries are subject to stringent regulations regarding managing and protecting sensitive information. ECM solutions help these organizations comply with regulations by providing features such as document encryption, access controls, audit trails, and records management.
The services segment is expected to capture the highest CAGR during the forecast period by offering segment.
The offering segment of the enterprise content management market is segmented into solutions and services. The services segment accounted for the highest CAGR during the forecasted period. Companies are one of the critical aspects of the enterprise content management market, which provide their customers with knowledge and assistance in implementing, customizing, and optimizing their ECM solutions. Implementation services become essential for all organizations that want to implement ECM solutions properly. These services include claiming, planning, and managing projects to adjust the ECM solution to align with the organization’s objectives and needs. Implementation services are also performed through tasks, including data migration, configuration, and integration with the existing systems, thus making an easy transition from the old ECM solution to the new one.
Moreover, this involves providing services such as training and change management that aim at cultivating the employees’ knowledge of how to use the system most effectively, enabling a smoother adoption process. Further, support & maintenance services are necessary for enterprises to be sure that the execution and operability of their ECM solutions are top-notch, secure, and stable. The services offered include technical assistance, troubleshooting, and software versions to solve problems and keep ECM software from encountering any issues. Secondly, managed services can be deployed with proactive monitoring, performance optimization, and system administration to take off a part of regular management duties from the organization’s IT team. Through their specific services to ensure ECM investment’s profitability and sustainability, ECM vendors contribute to an organization’s general value of ECM and its success over time.
Based on the solution, the web & mobile content management segment is expected to hold the largest market share during the forecast period.
The enterprise content management market, by solution, is segmented into document management, web & mobile content management, case management, record management, digital asset management, image & capturing, eDiscovery, collaborative content management, and other solutions. It is expected that during the forecast period, the web & mobile content management segment is expected to hold the largest market size and share in the enterprise content management market. Web & mobile content management is one of the significant elements of the enterprise content management market as it provides organizations with tools to deliver content across several online and mobile channels effectively. These solutions offer a single digital hub for creating, editing, and publishing web & mobile content, such as text, images, videos, and interactive features. Web & mobile CMS offer features such as content authoring, version management, and workflow automation that help organizations shorten the length of the content creation and publishing process. They also incorporate a responsive design, ensuring the material is displayed correctly on any device and screen size. Besides the content management solutions on web & mobile cover analytics tools that organizations can use to understand user engagement and behavior, they can also modify their content strategy for a better user experience. By providing a centralized channel for handling web and mobile content, the ECM solutions thus help organizations improve efficiency, enable collaboration, and ultimately deliver a coherent digital experience to the audiences through multiple channels.
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North America is projected to hold the largest market share during the forecast period.
By region, North America is projected to hold the most market share in the worldwide enterprise content management market in 2024, and this pattern is anticipated to be valid throughout the forecast period. ECM solutions and services are crucial in North America, as they help organizations efficiently manage, store, and secure their digital content. The demand for ECM solutions has been steadily growing due to the increasing volume of digital content generated by businesses. In North America, ECM solutions cater to various industries such as healthcare, finance, government, and manufacturing. This enables organizations to streamline content management processes, ensure regulatory compliance, and improve collaboration and productivity.
North America’s enterprise content management market is highly competitive and technologically advanced. Key players in the region include IBM Corporation, OpenText Corporation, Microsoft Corporation, and Oracle Corporation, among others. These vendors offer various ECM solutions and services, including document management, record management, digital asset management, and workflow automation. There has been a shift towards cloud-based ECM solutions in recent years, driven by scalability, flexibility, and cost-effectiveness. Additionally, adopting AI and ML technologies further drives innovation in the enterprise content management market, enabling organizations to automate content-related processes and gain valuable insights from their data. With the increasing digitization of businesses and the growing importance of efficient content management, North America’s enterprise content management market is expected to continue its growth trajectory in the coming years.
Top Companies in Enterprise Content Management Market
Some of the significant enterprise content management vendors include Microsoft (US), OpenText (Canada), Box (US), Hyland (US), IBM (US), Adobe (US), Xerox (US), Atlassian (Australia), KYOCERA Corporation (Japan), and Oracle (US).
Recent Development
In April 2024, Hyland, a leading global provider of intelligent content solutions, launched Hyland Experience Automate (Hx Automate). This service is one of the first available from the next-generation, cloud-based platform, Hyland Experience (Hx). This new service is compatible with existing Hyland platforms, allowing customers to leverage the latest innovation from Hyland Experience while maximizing the value of their current solutions.In April 2024, Box announced its collaboration with Bulletproof, an award-winning independent global brand agency, which selected Box as its single centralized cloud platform to manage content and production work. Bulletproof is deploying Box across the organization to eliminate on-premise servers and facilitate secure collaboration with clients and partners.In February 2024, Microsoft announced its collaboration with SysKit, a company dedicated to simplifying management and governance in Microsoft 365, and announced the availability of Syskit Point on Microsoft AppSource. This integration underscores SysKit Point’s commitment to providing seamless experiences for Office 365 users, empowering them with robust tools to optimize their governance, security, and compliance efforts within the Microsoft environment.In January 2024, Oracle’s content management enabled users to export and import repository content. The Export Jobs and Import Jobs pages would allow users to track new jobs.In January 2024, Datamax extended its strategic partnership with KYOCERA. This partnership further bolsters Datamax’s ability to adhere to its tagline, “Relevant Technology. Raving Results.”Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=226977096
Enterprise Content Management Market Advantages
ECM streamlines document management processes, automating tasks such as data entry, filing, and retrieval, which enhances overall operational efficiency and reduces the time employees spend on manual tasks.ECM systems facilitate better collaboration by providing centralized access to documents and content, allowing teams to work together seamlessly regardless of their physical location.ECM solutions help organizations comply with regulatory requirements by providing robust security features, audit trails, and records management capabilities, ensuring that sensitive information is protected and easily accessible for compliance audits.By reducing reliance on paper and physical storage, ECM systems lower costs associated with printing, shipping, and storage. Additionally, improved efficiency and productivity lead to overall cost reductions.ECM provides advanced search and analytics capabilities, allowing businesses to extract valuable insights from their content, leading to more informed decision-making and strategic planning.Report Objectives
To define, describe, and forecast the enterprise content management (ECM) market based on offering, business function, deployment mode, organization size, vertical, and region.To provide detailed information about the significant factors, such as drivers, opportunities, restraints, and challenges, influencing the growth of the marketTo analyze the opportunities in the market for stakeholders by identifying the high-growth segments of the marketTo forecast the market size concerning five main regions — North America, Europe, Asia Pacific, the Middle East & Africa, and Latin AmericaTo analyze the subsegments of the market concerning individual growth trends, prospects, and contributions to the overall marketTo profile the market’s key players and analyze their size and core competencies comprehensively.To track and analyze the competitive developments, such as product enhancements, product launches, acquisitions, partnerships, and collaborations, in the enterprise content management market globallyBrowse Adjacent Markets: Software and Services Market Research Reports & Consulting
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Get access to the latest updates on Enterprise Content Management Companies and Enterprise Content Management Industry
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
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Twelve Students from KIIT-DU Qualify for Paris Olympics

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KIIT-KISS Founder announces Rs 7 lakh to each of the athletes 
BHUBANESWAR, India, July 19, 2024 /PRNewswire/ — In a big achievement for KIIT Deemed to be University (KIIT-DU), Bhubaneswar, 12 students have successfully qualified for the Paris Olympics 2024 beginning July 26, bringing pride and joy to the institution.

KIIT is the first university in the country to be sending the largest contingent of athletes among all universities in India.
The Founder of KIIT and KISS Dr Achyuta Samanta has announced Rs 7 lakh to each of the athletes, encouraging them to give their best in the field and bring glory to the country. 
The athletes who have earned their spots are — Amit Rohidas in Men’s Hockey, Kishore Kumar Jena in Javelin Throw; Parul Chaudhary in 3000m Steeplechase & 5000m; Priyanka in 20 km Race Walk & Marathon Race Walk Mixed Relay; Annu Rani in Javelin Throw; Jyothi Yarraji in 100m Hurdles; Tajinderpal Singh Toor in Shot Put; Abha Khatua in Shot Put; Prachi in the 4x400m Relay Team; Ankita in 5000m; Paramjeet Singh Bisht in 20km Race Walk and Suraj Panwar in the Marathon Race Walk Mixed Relay Team. 
Dr. Achyuta Samanta, Founder, KIIT & KISS, congratulated the proud contingent at a special programme in Bhubaneswar, saying, “Your hard work and dedication have brought you to this prestigious stage.” He declared Rs. 7 lakh cash support to each player. All 12 players, who are currently in various camps in different countries of Europe, joined the programme virtually. 
Informing the media, Dr. Samanta said that KIIT & KISS is the first organization in India to send the highest number of players to the Olympics. He also mentioned that KIIT & KISS has produced 20 Olympians and 2 Paralympians who represented India at the 2016 Rio Olympics, the 2020 Tokyo Olympics, and will be representing the country at the 2024 Paris Olympics. KIIT & KISS is proud to have 7 Arjuna Awardees, he added.
“We are happy that 12 students from KIIT are participating in the Paris Olympics 2024, making us and the country proud. Give your best and shine with your achievements. The entire KIIT & KISS family stands behind you, cheering you on”, he said.
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eQ Technologic Elevates Industry Standards with Inaugural Customer Conference, exeQute

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COSTA MESA, Calif., July 18, 2024 /PRNewswire/ — In an era brimming with industry conferences, eQ Technologic, Inc., the developers of the eQube®-DaaS Platform, is making a bold entrance with its inaugural customer conference, exeQuteSM, Oct. 7-10, 2024. Unlike other customer conferences in the data as a service (DaaS) industry, exeQute is set to stand out with a focus on actionable tactics tailored to meet the unique needs of its customers, reflecting the company’s deep commitment to customer-centricity and innovation.

As Gartner predicts that by 2027, 25% of CIOs will have compensation linked to their sustainable technology impact, exeQute’s conference is shaping the future of digital transformation with sustainability and responsibility top of mind. This conference goes beyond theoretical discussions, offering a hands-on experience where top brands share real-world solutions that attendees can immediately apply. This focus on actionable content ensures that every participant leaves with a toolkit of strategies to drive improvements in their business.
eQ Technologic’s dedication to understanding customer needs is evident in every aspect of exeQute. The conference sessions delve into the specific challenges faced by customers, offering personalized solutions and insights. This tailored approach showcases the company’s commitment to not just listening to its customers but collaborating with them to develop solutions that drive their success.
“Execution is one of our key operating principles at eQ. An organization’s ability to execute materially separates winners from the pack,” said Dinesh Khaladkar, President & CEO of eQ Technologic. “We strongly believe that the gap between the future and now is bridged by execution. The future doesn’t just happen, it must be defined, and actions must be taken to achieve it. It’s time to envision what lies ahead and act upon the future vision with exeQute.”
exeQute provides a unique platform for attendees to network with industry leaders, peers, analysts, and media, fostering a collaborative environment where new ideas and partnerships will enable the future growth of companies. The conference’s comprehensive approach to addressing both current challenges and future opportunities highlights eQ Technologic’s role as a catalyst for positive change in the industry by catalyzing cross-industry innovation and offering insight into how organizations leverage eQ’s industry agnostic solutions to gain and maintain a competitive advantage.
exeQute is not merely another event in the crowded conference landscape. It is setting a new standard for customer engagement, providing value through actionable insights, innovative solutions, and a steadfast commitment to sustainable practices. For those seeking to navigate the complexities of digital transformation responsibly, exeQute is an indispensable resource, reinforcing eQ Technologic’s position as a leader in the industry. With executives and decision-makers from some of the world’s leading organizations, the conference will unravel future trends, disruptive technologies, and emerging opportunities. Power-packed with keynotes, success stories, product roadmaps, demos, fireside chats, and more, the conference furthers eQ Technologic’s position as a leader in the industry.
Conference details:
VEA, A Marriott Resort & Spa, Newport Beach, California Oct. 7-11, 2024 Agenda, speakers, sponsorship opportunities, and registration information can be found at exequteconference.com.
About eQ Technologic
Over the past two decades, eQ has been instrumental in accelerating digital transformation across industries such as Aerospace & Defense, Department of Defense, Automotive, Energy, Heavy-Machinery, Electronics, High-Tech, Electronics, Consumer Packaged Goods (CPG), and more.
The Low/No-Code eQube®-DaaS (Data as a Service) Platform establishes a Data Fabric with a connected network of integrated data, applications and devices that puts the power of analytics in the hands of end users, leading to Actionable Insight. eQ’s 100+ OOTB plug and play Connectors connect disparate heterogeneous systems in an instant, empowering organizations to work with any data, any format, any API, any speed, with any system, any application, and any device without writing any code. It enables secure, scalable, and robust information collaboration while honoring security rules. This enables eQ to offer solutions like Digital Thread, CLM (Closed Loop Manufacturing), Multi-PLM Solutions, For-purpose Apps, API Factory with Common Data Model, and many others.
Some of eQ’s marquee customers include Lockheed Martin, Northrop Grumman, US Navy, Rolls-Royce, Collins Aerospace, Pratt & Whitney, Adient, ULA, Moog, Micron Technologies, Boeing, General Electric, Siemens Energy, Panasonic, EDF, and General Dynamics to name a few.
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Research Solutions Announces Partnership with Jisc to Enhance UK Higher & Further Education Research

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This highlights Research Solutions’ commitment to improving the quality and accessibility of scientific research for academic institutions.
HENDERSON, Nev., July 18, 2024 /PRNewswire/ — Research Solutions (NASDAQ: RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, is proud to announce a significant partnership with Jisc, the UK digital, data, and technology agency focused on tertiary education, research, and innovation.

This collaboration will make Scite’s award-winning AI platform more affordable and accessible for more than 280 higher education and research institutions in the UK. It aims to advance research quality by leveraging ethical AI technology.
Scite, now part of the Research Solutions family, is transforming the discovery and evaluation of scientific articles through its innovative Smart Citations and AI Assistant. This advanced technology allows researchers to gain deeper insights into the impact and relevance of scientific work.
Beyond its powerful discovery search capabilities across over 187 million publications, 2 billion references, and 1.3 billion citation statements, Scite offers unique workflows for identifying editorial concerns and providing instant reference analysis through its Reference Check feature. The platform also enables the creation of integrated dashboards with reference library tools and validates large language models, assisting in the creation of structured literature reviews via Scite Assistant.
Scite is utilized by researchers and institutions worldwide, underscoring its global impact and commitment to advancing scientific research and innovation.
“We’re thrilled to be partnering with Jisc to make Scite more readily available to the Higher Education institutions in the UK,” states Josh Nicholson, co-founder of Scite and Chief Strategy Officer at Research Solutions. “By bringing context to citations, we can provide a better way to discover, understand, and evaluate research, something that is critically needed in the world today.”
Jisc’s endorsement of Scite highlights the platform’s value in delivering accurate, insight-rich research tools to prestigious institutions such as the University of Manchester and the University of Exeter. Research Solutions is delighted to extend services to additional UK educational institutions and looks forward to making significant contributions to the academic landscape.
For more information on how Jisc is enhancing lives through the digital transformation of education and research, visit their website here. To learn more about how Scite and Research Solutions are providing universities and libraries with tools to elevate their academic work, click here.
About Jisc
Jisc’s vision is for the UK to be a world leader in technology for education and research. It owns and operates the super-fast national research and education network, Janet, with built-in cyber security protection. Jisc also provides technology solutions for members (colleges, universities, and research centres) and customers (public sector bodies), helps members save time and money by negotiating sector-wide deals and provides advice and practical assistance on digital technology. Jisc is funded by the UK higher and further education and research funding bodies and member institutions. For more information, contact [email protected] or 07443 983571.
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) provides cloud-based technologies to streamline the process of accessing, managing, and creating intellectual property. Since its founding, the company has been a pioneer in developing solutions to serve researchers. Today, more than 70 percent of the top pharmaceutical companies, prestigious universities, and emerging businesses rely on our family of products, powered by AI and NLP technologies, to support the innovation process from end to end with the most comprehensive information and knowledge tools on the market. For more information and details, please visit www.researchsolutions.com.
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