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Digital Asset Management (DAM) - Global Strategic Business Report

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    Report

  • 721 Pages
  • December 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 3726984
The global market for Digital Asset Management (DAM) is estimated at US$7.5 Billion in 2023 and is projected to reach US$30.9 Billion by 2030, growing at a CAGR of 22.4% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the Digital Asset Management (DAM) market is driven by several factors. The increasing volume of digital content generated by businesses necessitates efficient management solutions to handle and leverage these assets effectively. As organizations continue to prioritize digital transformation, the demand for integrated solutions that can streamline operations and enhance productivity has surged. The shift towards remote work has further amplified the need for cloud-based DAM systems, which provide secure, anytime-anywhere access to digital assets. Additionally, the rise of omnichannel marketing strategies requires a centralized system to manage and distribute content consistently across multiple platforms. The adoption of AI and machine learning in DAM systems has also spurred market growth, as these technologies improve the efficiency and accuracy of asset management processes. Furthermore, regulatory requirements for data governance and compliance are pushing organizations to adopt DAM systems that ensure secure and controlled access to digital assets. These factors, combined with the ongoing innovations in digital asset management technologies, are propelling the expansion of the DAM market, making it an indispensable tool for modern businesses.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the DAM Solutions segment, which is expected to reach US$15.3 Billion by 2030 with a CAGR of a 19.9%. The DAM Services segment is also set to grow at 25.2% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $2.2 Billion in 2023, and China, forecasted to grow at an impressive 26.4% CAGR to reach $3.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Digital Asset Management (DAM) Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Digital Asset Management (DAM) Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Digital Asset Management (DAM) Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of major players such as Adobe Inc., Amazon Web Services, Inc., Cognizant Technology Solutions U.S. Corporation, and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 252 Featured):

  • Adobe Inc.
  • Amazon Web Services, Inc.
  • Cognizant Technology Solutions U.S. Corporation
  • Bynder BV
  • Cloudinary Ltd.
  • Avid Technology, Inc.
  • ACD Systems International, Inc.
  • Brandfolder, Inc.
  • Brandworkz Ltd.
  • Canto, Inc.
  • Aprimo LLC
  • Asset Panda
  • Bloomreach
  • Atex Media Limited
  • Azurelope Limited

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • Digital Asset Management (DAM) - Global Key Competitors Percentage Market Share in 2024 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
  • Digital Asset Management (DAM): A Powerful Tool for Tackling Explosive Growth in Digital Media Content
  • Myriad Benefits Offered Drive Demand
  • Outlook
  • Developed Regions: Key Revenue Contributors
  • Developing Regions Offer Strong Growth Opportunities
  • Cloud Models Drive Opportunities
  • Global DAM Market by Deployment Type (2020 & 2027P): Percentage Breakdown of Revenues for On-Premise and Cloud DAM
  • SMBs to Accelerate Adoption
  • Competitive Landscape
  • DAM Landscape Remains Highly Fragmented
  • Customization of DAM Solutions: A Double-Edged Sword
  • Vendors Expand Portfolio with Cloud Based Offering
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Key Trends Shaping Digital Asset Management Going Forwards
  • Development of Content Hubs
  • DAM for Collaboration: The Future of the Digital World
  • Integration of AI to Gain Pace
  • AI Transforms Digital Asset Management into Agile, Dynamic Platform
  • Integration of AI with Digital Asset Management Holds Intriguing Prospects for Marketers
  • AI-based Digital Asset Management for Content Creation, Distribution & Search
  • Limitations of Artificial Intelligence
  • Integration of DAM Software with Other Enterprise Software Offers Improved Prospects
  • DAM Software Demand Amid an Era of Connected Things
  • Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
  • Integration of Business Analytics Tools into DAM Software Yields Rich Dividends
  • Spotlight on Contextual, Discovery-Centric and Metadata to Accelerate Asset Retrieval
  • Hybrid Cloud DAM: A Viable Option
  • On-Premise Vs Cloud DAM
  • Transition to Consumer-Driven Digital Advertising and Marketing Sets the Stage for DAM
  • Digital Asset Management Offers Perfect Component to Make Brands Tick
  • DAM in Media and Entertainment
  • Rising Popularity of OTT Services Bodes Well for Market Prospects: Global Number of OTT Video Users (In Million) for the Years 2019, 2021, 2023 & 2025
  • DAM Systems Shaves-off Cost of Content Marketing Activities
  • Changing Landscape Demands Agile Marketing Teams: A Strong Business Case for DAM Solutions
  • Digital Asset Management Software Gains Traction in Retail Industry
  • Digital Transformation in Retail Industry Promises Lucrative Growth Opportunities: Global Retail IT Spending (In US$ Billion) for the Years 2018, 2020, 2022 & 2024
  • Focus on Consumer Experience Drives DAM Adoption in E-Commerce
  • Global Ecommerce as % of Retail: 2015-2025
  • Enterprise DAM Software Finds a Prominent Place in IT Infrastructure of Large Scale Enterprises
  • BFSI: A Major End-Use Sector
  • DAM Gains Relevance in Manufacturing Sector Amid Ongoing Automation Drive
  • Industry 4.0 & Smart Factory to Steer Future Expansion
  • Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2019 & 2023
  • Electronification of Healthcare Instigates Demand for DAM
  • Application of Digital Asset Management (DAM) Life Sciences
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Digital Asset Management (DAM) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 2: World Historic Review for Digital Asset Management (DAM) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 3: World 15-Year Perspective for Digital Asset Management (DAM) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2024 & 2030
  • Table 4: World Recent Past, Current & Future Analysis for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 5: World Historic Review for Solutions by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 6: World 15-Year Perspective for Solutions by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 7: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 8: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 9: World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 10: World Recent Past, Current & Future Analysis for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 11: World Historic Review for On-Premise by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 12: World 15-Year Perspective for On-Premise by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 13: World Recent Past, Current & Future Analysis for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 14: World Historic Review for Cloud by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 15: World 15-Year Perspective for Cloud by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 16: World Recent Past, Current & Future Analysis for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 17: World Historic Review for Media & Entertainment by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 18: World 15-Year Perspective for Media & Entertainment by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 19: World Recent Past, Current & Future Analysis for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 20: World Historic Review for BFSI by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 21: World 15-Year Perspective for BFSI by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 22: World Recent Past, Current & Future Analysis for Consumer Goods & Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 23: World Historic Review for Consumer Goods & Retail by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 24: World 15-Year Perspective for Consumer Goods & Retail by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 25: World Recent Past, Current & Future Analysis for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 26: World Historic Review for Manufacturing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 27: World 15-Year Perspective for Manufacturing by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 28: World Recent Past, Current & Future Analysis for Healthcare & Life Sciences by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 29: World Historic Review for Healthcare & Life Sciences by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 30: World 15-Year Perspective for Healthcare & Life Sciences by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 31: World Recent Past, Current & Future Analysis for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 32: World Historic Review for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2015 through 2022 and % CAGR
  • Table 33: World 15-Year Perspective for Other Verticals by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2024 & 2030
  • Table 34: World Digital Asset Management (DAM) Market Analysis of Annual Sales in US$ Thousand for Years 2015 through 2030
III. MARKET ANALYSIS
UNITED STATES
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)
EUROPE
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCE
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2024 (E)
GERMANY
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2024 (E)
ITALY
UNITED KINGDOM
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2024 (E)
SPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIA
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2024 (E)
INDIA
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2024 (E)
SOUTH KOREAREST OF ASIA-PACIFIC
LATIN AMERICA
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2024 (E)
ARGENTINABRAZILMEXICOREST OF LATIN AMERICA
MIDDLE EAST
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2024 (E)
AFRICA
  • Digital Asset Management (DAM) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2024 (E)
IV. COMPETITION

Companies Mentioned

  • Adobe Inc.
  • Amazon Web Services, Inc.
  • Cognizant Technology Solutions U.S. Corporation
  • Bynder BV
  • Cloudinary Ltd.
  • Avid Technology, Inc.
  • ACD Systems International, Inc.
  • Brandfolder, Inc.
  • Brandworkz Ltd.
  • Canto, Inc.
  • Aprimo LLC
  • Asset Panda
  • Bloomreach
  • Atex Media Limited
  • Azurelope Limited

Table Information