Global Web Content Management Market Research Report: Forecast to 2025
The Web Content Management Market is estimated to witness amazing growth during the forecast period. The web content management system utilizes a content management system to manage, create and modify the content for a website. WCM helps effective management of web content which benefits enterprises to produce insights for decision-making and deliver results, as well as value. It enables controlled access to the pages, easy installation and plugs in to modify the content, regular software update, workflow management, ability to display content in different languages. Additionally, it provides the ability for editors to review and approve content before publication, Content distribution and content update emails to users, Content distribution and content update emails to users and many more features.
In terms of value, the global Web Content Management Market is anticipated to exhibit growth at CAGR of 18.05% during the study period. The global market growth is propelled by increasing demand for digital content, emails, SMS messages, the proliferation of web-based services and online marketing, rising demand for seamless digital experience video screens, augmented or virtual reality, and IoT devices, advancements in content distribution channels. However, the major issue with WCMS is high installation cost which can impact the global Web Content Management system.
Looking at the valued determination of 2018, the Global Web Content Management Market has achieved revenue of USD 8,125 million and is expected to exhibit a market value of USD 25,341 Million with a growing rate by 2025 according to MRFR study.
The Global Web Content Management Market has been segregated by Component, Organization Size, Deployment, End-User types.
Based on component type the market is divided into solution and service. The organization segments the global market into Small and Medium Enterprises, and Large Enterprises.
Based on deployment mode the global web content management market is categorized as On-Cloud and On-Premise. By end-user segment, the market is segmented as Media and Entertainment, Healthcare, BFSI, Education, Retail, Travel and Tourism, Hospitality, and Others.
The geographical global web content management market segmented into North America, Europe, Asia-Pacific, and the rest of the world.
In 2018, North America was the prominent market contributor with the largest market share of 43%. The region is evaluated to witness an incredible growth at CAGR of 16.98% during study time. The market is expecting substantial growth owing to the rising adoption of advanced web technologies and digital platforms for commercial and individual use and rising demand among end-users.
Europe is nominated as the second-largest market holder followed by Asia-Pacific. In 2018, the Web content management market was accounted for USD 2328.66 Million in Europe and is expected to reach a CAGR of 18.82% during the forecast period. The regional market growth is driven by the growing acceptance of cloud-based services and the increasing demand for reliable web services.
The Major Players of the Global Hyperscale Data Center Market are IBM Corporation, Adobe, Oracle Corporation, Microsoft Corporation, Opentext Corporation, SDL Plc, Progress Software Corporation, Crownpeak Technology Inc., Sitecore, Hyland Software Inc, E-Spirit AG, EpiServer, Rackspace, Acquia Inc, Kentico Software.
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