TECH SUPPLIER May 2019 - Market Forecast - Doc # US44682819
Worldwide Enterprise Content Management and Content Sharing and Collaboration Software Forecast, 2019–2023
This IDC study provides the market size of the worldwide enterprise content management and content sharing and collaboration software markets in 2018 and a five-year forecast through 2023 by geographic region and deployment type. It also includes historical revenue data. This document updates the ECM market view included in Worldwide Enterprise Content Management Software Forecast, 2018–2022 (IDC #US42625818, June 2018) and the CSC market view included in Worldwide File Synchronization and Sharing Software Forecast, 2018–2022 (IDC #US42625918, July 2018).
"As the enterprise content management market shifts to modernized and agile content management in the cloud, the impact will be a slowing in traditional on-premise solutions over the next five years," according to Marci Maddox, research manager, IDC's Enterprise Content Strategies research program. "Growth will be driven, in part, by content sharing and collaboration solutions adding capabilities for workflow, governance, and records management to their already secure and cloud-native, multitenant platform. An important driver will be the value the cloud brings to not only ease of use but also the ability to easily add artificial intelligence and machine learning to automate and revitalize internally and externally facing business processes as part of a larger enterprise digital transformation initiative."
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