Digital Asset Management Market Demand, Volume and Strategic Fo

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  Digital Asset Management Market Size 2025-2030

  The Global Digital Asset Management Market size was valued at around USD 5.21 billion in 2024 and is projected to reach USD 11.29 billion by 2030. The market is also estimated to grow at a CAGR of around 14.4% during the forecast period, i.e., 2025-30. 

  What are the key market drivers leading to the rise in the adoption of Digital Asset Management Market?

  Increasing Government Initiatives for Digitalization in Various Sectors – Digitalization is being adopted by various developed and developing economies to foster innovation and promote economic growth. In the global digitalization relay, Europe, North America, and the Asia Pacific are the top regions, with some specific countries standing out in their efforts.

  Governments of Finland, Germany, Denmark, and the UK are taking initiatives to bring about digitalization in various industries of their nations. Some of the major strategies driving the digital trend include the EU’s Digital Single Market Strategy, Finland’s Digital 2030 Strategy, and the UK’s Government Digital Service (GDS). Aligning with these digitalization strategies, governments are introducing initiatives and policies that would enhance the technological infrastructure of key industries such as healthcare, IT, education, manufacturing, and others.

  How is this Digital Asset Management market segmented?

  With predictions and estimations in "USD million" for the years 2025–2030, the Digital Asset Management Market research report offers comprehensive data (region-wise segment analysis).

  Digital Asset Management Market - By Offering (Solutions Services) By Asset Type (Text Documents (Multimedia [Images & Photos Videos Audio Files Others]) By Deployment (Cloud On-Premises) By Enterprise Size (Large Enterprise Small and Medium Enterprise) By Business Function (Sales Marketing IT Finance Others (Graphics and Designing, Distribution, Human Resources, etc.)) By End-Users (BFSI Healthcare Media & Entertainment IT & Telecom Hospitality Manufacturing Others (Education, Retail & E-Commerce, etc.)) and others

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  Geographical Analysis of the Digital Asset Management Market

  • North America
  • South America
  • Europe
  • The Middle East & Africa
  • Asia-Pacific

  North America has the largest market share of around 30% in the Global Digital Asset Management Market. The Advancements in technology and the adoption of cloud DAM platforms are impacting the positive growth of the market. Furthermore, the digital data is rising exponentially, due to the higher adoption of smartphones, accelerated internet usage, and connected devices, which in turn is accelerating the need for DAM solutions. For instance, the Pew Research revealed that around 91% of the North American population had a smartphone, with the population between the ages of 18-50 years holding the highest share in smartphone usage. Similarly, as per a study conducted by DE-CIX Internet Exchanges, North American data traffic was reported to be around 59 exabytes in 2023, a remarkable 23% increase from the 48 exabytes recorded in 2022.

  Who Dominates the Digital Asset Management Market Insights on Key Industry Players?

  Adobe Inc., Aprimo Inc., Acquia Inc., Bynder B.V., Cloudinary, Cognizant Technology Solutions Corporation, Celum, Canto Inc., International Business Machines Corporation, Oracle Corporation, Microsoft Corporation, Open Text Corporation, North Plains, Hyland Software, Inc., Frontify AG, and Others

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  Recent Development and News in Digital Asset Management Market

  • November 2024: Adobe launched Adobe Content Hub, integrated with Adobe Experience Manager (AEM) Assets, enhancing digital asset management (DAM) capabilities.

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