The North American ECM market is estimated to grow significantly during the forecast period. The market is mainly driven due to the growing demand for cloud-based ECM solutions across the various industries such as BFSI, IT & telecom, and others coupled with the advent large amount of enterprise data in these industries. Moreover, cloud-based ECM solutions also provide a centralized way of integrating the system and its components with web and mobile applications, and it efficiently enhances the performance of the organization’s content-intensive tasks. Moreover, the significant adoption of various big data analytics solutions by large enterprises further provides a significant opportunity to the market in the region.
The North American ECM market is segmented on the basis of deployment and industry. Based on the deployment, the market is further classified into cloud-based and on-premises. The on-premises segment is projected to have a considerable share in the North American market. BFSI, government and defense, manufacturing, transportation, and logistics industry mostly prefer on-premise ECM solutions as this solution is more customizable as compared to cloud-based ECM, thus, it fulfills the requirements of all end-users. Based on the industry, the North American ECM market is further segmented into BFSI, manufacturing, healthcare, government, IT & telecom, retail & e-commerce, and others. The IT & telecom segment is estimated to grow at a considerable CAGR during the forecast period. Based on geography, the North American ECM market is further segregated into the US and Canada. Among, geography the US is projected to have a considerable share in the North American ECM market.
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North American Enterprise Content Management (ECM) Market Segmentation
By Business Functions
- Human Resources
- Sales and Marketing
- Accounting and Legal
By Components
- Solutions
- Document Management
- Record Management
By Vertical
- BFSI
- Retail and Consumer Goods
- IT and Healthcare
- Manufacturing
- Telecommunication
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Regional Analysis
- United States
- Canada
Company Profiles
- Adobe Inc.
- Alfresco Software, Inc.
- Ascend Software Inc.
- Box, Inc.
- Hyland Software, Inc.
- IBM Corp.
- Microsoft Corp.
- M-Files Inc.
- Oracle Corp.
- Open Text Corp.
- SAP SE
- Veeva Systems Inc.
- Xerox Corp.
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