The global enterprise content management (ECM) market size was US$ 63.1 billion in 2021. The global enterprise content management (ECM) market is forecast to grow to US$ 275.5 billion by 2030 by growing at a compound annual growth rate (CAGR) of 18.1% during the forecast period from 2022 to 2030.

Enterprise content management (ECM) is a software system that helps businesses organize and maintain unstructured data such as photos, financial reports, word documents, surveys, emails, and other documents.

Factors Influencing the Market

Organizations are having trouble organizing massive amounts of unstructured data. Businesses deploy the solution to keep track, modify, store, and collaborate with other firms. The software can also help businesses digitally record invoices, receive resumes, and store scanned documents, including photographs, pdfs, videos, etc. As a result, the global enterprise content management (ECM) market will grow during the forecast period.

The growing demand for protecting crucial information will surge the growth of the global enterprise content management (ECM) market during the forecast period.

In addition, the rising demand for cost-effective data management will propel the market forward.

The increasing number of partnerships are likely to benefit the global enterprise content management (ECM) market. In June 2018, Microsoft Corporation and Ernst and Young inked a pact with the aim to develop a blockchain solution for content rights. Moreover, IBM Corporation unveiled IBM Automation Mobile Capture in March 2020. It is a mobile application that is used to capture documents and images using on-device Optical Character Recognition (OCR).

COVID-19 Impact Analysis

Due to the sudden onset of the COVID-19 epidemic, many companies began implementing work-from-home policies. As a result, the number of digital documents increased significantly, which raised the demand for enterprise content management (ECM) across various verticals.

Regional Analysis

North America is forecast to hold the largest share in the global enterprise content management market. The growth of the market is attributed to the growing digitalization in the region. In addition, the region is home to various prominent players, such as Hyland Software, Microsoft, Oracle, IBM, Ascend, Xerox, M-files, Nuxeo, and others. As a result, it will contribute to the growth of the enterprise content management (ECM) market. In addition, the rising penetration of the latest technologies will surge the growth of the enterprise content management (ECM) market during the forecast period.

Competitors in the Market

IBM Corporation
Hyland
Oracle Corporation
OpenText Corp.
Microsoft Corporation
Other Prominent Players
Market Segmentation

The global enterprise content management (ECM) market segmentation focuses on Solution, Deployment, Enterprise, Industry Vertical, and Region.

Based on Solution Type

Content Workflow
Document Management
Imaging and Capturing
Web Content Management
Record Management
Digital Asset Management
Mobile Content Management
Case Management
Based on Deployment Type

On-premises
Cloud
Based on Enterprise Size

Small & Medium Enterprises
Large Enterprises
Based on Industry Verticals

Banking & Financial Institutes
Government
IT & Telecom
Consumer Goods and Retail
Healthcare
Transportation & Logistics
Others
Based on Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America