AdvanceMarketAnalytics, a global market research and consulting organization, have released a new study titled "Digital Asset Management Software market - Global outlook to 2024". Industries constant focus on reducing the operational cost and increased attention on core business, and need to improve scalability are expected to shape the Global Digital Asset Management Software market.
The Deployment model, such as Cloud, is boosting the Digital Asset Management Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The Verticals, such as Media and Entertainment, is boosting the Digital Asset Management Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
According to AMA research team, the Global Digital Asset Management Software market will experience significant growth during the forecast period due to potential opportunities lying in the market such as . Some of the important driving forces are Increased expenses on digital marketing by industries, Rapid increase in the Digital Content, Evolution in the internet services and Emerging of IoT is likely to benefit the growth in DAM solution. †
Digital asset management (DAM) software catalogues and maintains the repositories of media files like photos, video files, and audio files. By applying the metadata taxonomies to assets, users are able to search, group, and distribute files. DAM solutions mostly comes up with other features such as powerful functionality of import and export, versioning, preview and thumbnail views of the assets optimized for processing the speed, and automatic conversion of files to different types of file or file sizes. In short DAM is a set of various database records, while each database record contains metadata which explains the name of the file, its format and information about its content and usage. Also, digital asset management software can be used to create and manage the database and help the company to store rich media in a cost-effective manner
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Digital Asset Management Software market , by Application (Enterprise, Marketing and Broadcasting and Publishing) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key trends (current and future) of the market