The global content services platform market was valued at $45.08 billion in 2021, and is projected to reach $202.52 billion by 2031, growing at a CAGR of 16.4% from 2022 to 2031.
2. The global content services platform market was valued at
$45.08 billion in 2021, and is projected to reach $202.52 billion
by 2031, growing at a CAGR of 16.4% from 2022 to 2031.
Content services platforms is a software that enables users to create,
collaborate, share, and store text, video, and audio content. It is a set of services
and micro services, exemplified either as separate applications or an integrated
product suite.
Content services platforms share common repositories and APIs, to exploit diverse
content types and to serve multiple customer and numerous use cases across an
organization. It has the ability to manage and store the metadata of digitized content and
file sync and transfer from a single platforms.
3. Impact of Covid-19
1
2
During the COVID-19 pandemic, technologies like cloud and AI
have helped businesses flourish by presenting prospects for
development. However, the pandemic situation has decreased
personnel activities, which could harm the region's work
structure.
Numerous telecommunications services providers are under strain
as a result of the COVID-19 pandemic because the idea of working
from home has increased the use of data connectivity, such as WI-Fi
for audio and video conferencing, which has increased mobile data
traffic.
4. Market is segmented into By Industry Vertical
Energy and Utilities
Government and
Public Sector
BFSI
IT and
Telecommunication
Healthcare and
Life Sciences
Retail
Consumer Goods &
Manufacturing
1 2 3 4
5. Segmentation
By Region
North America U.S., Canada
Europe U.K., Germany, France, Spain, Italy, Rest of Europe
Asia-Pacific China, Japan, South Korea, India, Australia, Rest of
Asia-Pacific
LAMEA Latin America, Middle East, Africa
6. Leading Market Players
Adobe
IBM
Hyland Software
Fabasoft AG
OpenText Corporation
Paper Alternative Solutions
Kyocera Corporation
Oracle Corporation
Microsoft Corporation
DocuWare
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