Global Corporate Heritage Data Management Market Size Analysis:
The global corporate heritage data management market is anticipated to grow from its market value of approximately USD XX million in 2017 to USD XX million by 2025 at a compound annual growth rate of around XX during the forecast period. Corporate heritage data management solutions help the organizations in managing their complex data in an effective, accessible and shareable way along with the enhanced protection.
The digital asset management division of the corporate heritage data management services is leading the market, contributing almost 65% of the total revenue and is expected to continue its leadership in the future by increasing the contribution to almost XX. The advances in the technology have provided several security features for the corporate heritage data management service providers to protect the legacy information of the organizations.
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The increasing adoption of cloud-based services is the foremost factor propelling the growth of the global corporate heritage data management market. In addition, the increasing economies of the developing nations, raise in the organization spending, growing demand for protecting the confidential information, cost-efficiency of the cloud applications, advances in the technology and others are also driving the worldwide market. However, the high costs of the corporate heritage data management solutions and the difficulty in obtaining the returns on investment are the two major factors restricting the spending of companies, which in turn, inhibits the corporate heritage data management market around the world.
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Global Corporate Heritage Data Management Market Regional Analysis:
Based on the regional analysis, the global corporate heritage data management market is studied in the regions of North America, Europe, Middle East & Africa, Asia Pacific and Latin America. North America is the leading the global market and is predicted to continue its leadership in the following years to come. Nonetheless, the increasing number of manufacturing companies and the rising economies of India, China and Japan will act as the growth drivers for the market in the Asia Pacific region.
Global Corporate Heritage Data Management Market Key players:
Some of the key players in the market are North Plains System, Eloquent Systems, Heritage Werks, CultureArk, GruppoMeta, Arkivum, Eloquent Systems, CultureArk, GruppoMeta, Arkivum, Open Text, Widen Enterprises, NetXposure, and Extensisx.
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