Enterprise Content Management Market size was valued at USD 34.31 billion in 2024 and is expected to cross USD 164.29 billion by the end of 2037, expanding at more than 12.7% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of enterprise content management is estimated at USD 37.82 billion.
The rise in demand for digital transformation and increased internet penetration are two major factors driving the growth of the global market. An average growth rate of 8.4% is observed in the number of internet users each year. Globally, 6.44 percent of the population uses the internet as of January 2023. The increased internet penetration provides businesses with access to a wide range of cloud-based content management solutions, which can help them store and manage their data more efficiently. This, in turn, is driving the demand for enterprise content management solutions.
In addition to these, factors that are believed to fuel the enterprise content management market growth of enterprise content management include the need for better data governance, increased adoption of cloud-based solutions, and the increasing demand for structured content management. In addition, the growing number of websites using CMS has made it easier for businesses and individuals to create and manage their own websites. It has also allowed for more customized websites and has opened up opportunities for website owners to easily update and maintain their sites. For instance, a 77% increase in the number of websites using CMS has been reported between 2015 and 2022. Additionally, the growing need for improved document collaboration and workflow automation are also expected to drive market growth.
Author Credits: Abhishek Verma
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