Content Management Market at $1.3 billion in 2004, Anticipated to Reach $4.5 billion by 2011
Analysis indicates that the combined software license markets at $1.3 billion in 2004 are anticipated to reach $4.5 billion by 2011.
According to Research and Markets: "The market for enterprise content solutions
relates to management of unstructured information. The ability to control
enterprise content is central to IT. 90% of information transmitted on the
network is unstructured."
Content management offers a range of capabilities: digital asset management,
lifecycle management collaboration, web content management, storage management,
Sarbanes-Oxley compliance, and document process management are aspects of the
content management markets, says the report.
The trend is for enterprises to depend on content management software to achieve
more efficient business process operation. Enterprise content management
solutions are industry specific and may span several different product sets.
Market growth of the content management market segment is tied to the transfer of the paper-based enterprise to an enterprise that manages all information electronically.
Research and Markets