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Content Service Platforms Market Trends

Report ID: GMI6597
Published Date: Aug 2023
Report Format: PDF

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Content Service Platforms Market Trends

The trend of managing & maintaining digitized content and metadata is driving industry growth. Organizations are grappling with the increasing volumes of digital content and the need to organize, search & retain the content effectively. Content service platforms offer solutions for centralized storage, metadata management, and automated retention policies. Owing to the need for regulatory compliance and efficient content management, content service platforms provide tools to streamline these processes, propelling their adoption.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of content service platforms reached USD 45.6 billion in 2023 and is set to record 12.5% CAGR from 2024 to 2032, due to the rising demand for workflow efficiency worldwide.

The IT & telecommunication end user segment held over 21.5% of the market share in 2023, owing to extensive data-driven operations and adoption of remote work.

North America held over 33.5% of the content service platforms market share in 2023, due to the increasing imperative to enhance productivity in businesses.

Microsoft, Hyland Software, Box Inc., OpenText, Newgen, IBM, and Intalio are some of the influential content service platform providers.