With the launch of OpenText Core Content and OpenText Core Case Management, OpenText Corporation has launched new content services platforms. These platforms provide organizations with a comprehensive solution for managing unstructured content, automating processes, and providing secure access to content from anywhere.
A content platform and digital asset management company, Nuxeo, has been acquired by Hyland Software, Inc. The acquisition is aimed at providing Hyland with access to Nuxeo's content platform, which is a powerful tool for managing digital content for organizations.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 4820
Published Date: Apr 14, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The increasing need for data security, rising demand for automation and digital transformation, and the growing need for cost-effectiveness and streamlined processes are the major factors driving the market growth.
The market size of enterprise content management is anticipated to attain a CAGR of 12.80% over the forecast period, i.e., 2023-2035.
The high cost of implementation and maintenance, the lack of awareness, and the lack of technical expertise are estimated to be the growth hindering factors for the market expansion.
The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are Microsoft Corporation, OpenText Corporation, Hyland Software Inc., IBM Corporation, Xerox Corporation, SAP, Objective Corporation, DOMA Technologies, SER Group, Oracle and others
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by type, deployment mode, enterprise, end user and by region.
The cloud segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.