The “Digital Asset Management Market – Growth, Trends, and Forecast (2020-2025)” report has been added to ResearchAndMarkets.com’s offering.
The DAM market was valued at 2.5 billion in 2019, and is expected to reach 7.7 billion by 2025, registering a CAGR of 21.23% during that period of growth. AI, with facial recognition, has also been introduced into the world of DAM.
The major driver for investment in DAM solutions is the high ROI. As a result of that, the organization spending during the forecast period is expected to increase.
With the high rate of mobile phone usage, customer engagement has emerged as the most effective method of customer retention with the number of connected devices increasing globally. With increased recognition of digital assets across the world, opportunities for entering the DAM market is growing.
Key Market Trends
Cloud Deployment is Expected to Drive the Digital Asset Management Market
Asia-Pacific to Witness the Fastest Growth Rate Over the Forecast Period
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