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Content Intelligence Market is estimated to reach USD 4591 million till 2027, Size analysis

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Arif Ahmad
Content Intelligence Market is estimated to reach USD 4591 million till 2027, Size analysis

The Content Intelligence Market is anticipated to reach USD 4591 million by 2027, at a CAGR of 32.9%, over the forecast period (2020-2027).

More Info, Click to Access Complete Report – https://www.gmiresearch.com/report/global-content-intelligence-market/

The factors driving growth of the includes growing demand for content intelligence solutions across industry verticals such as banking financial services and insurance, Healthcare & Life sciences, and IT & Telecommunication, increase in the number of smartphone users around the world and improvements in the living standards. In adoption of advanced technologies such as Artificial Intelligence (AI), Machine Learning ML For instance, it was estimated that there were more than 4.2 billion social media users in 2021; it is predicted that this number would rise to 6 billion by the end of 2027, which is projected to drive the growth of the content intelligence market in the years to come. Moreover, developed Internet of Things (IoT), rising penetration of smartphones, increasing focus of companies on improving their content and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the increasing investments by major companies on research and development, strategic mergers and acquisitions between enterprises and growing population growth rates, are further contributing towards the market growth.

However, growth of the Content Intelligence Market is hindered due to insufficient resources to deliver high-quality content constantly.

The prominent players operating in the Content Intelligence Market includes Atomic Reach, Vennli, ABBYY, M-Files Inc., Adobe, Curata, Inc., Knotch, Inc., Open Text, Socialbakers, and ONESPOT, among others.

Based on Deployment Type, the Cloud segment is predicted to grow at a significant CAGR during the forecast period

Companies are increasingly using cloud-based services because it decentralizes and improves the mobility of data storage, is pushing segment’s growth.

Based on Organization Size, the Large Enterprises segment is projected to grow at a robust CAGR over the forecast period

Growing adoption of advanced technologies such as Machine Learning and Big Data Analytics by companies, is pushing segment’s growth.

Based on Region, the North American region is anticipated to expand at a remarkable CAGR during the forecast period

Presence of leading players such as Socialbakers, Atomic Reach and Adobe, growing adoption of advanced technologies by major companies, rising penetration of smartphones, rapid urbanization, and high per capita incomes, are some of the important factors augmenting the market growth in North America.

Key Development

  • In 2019, M-Files Inc., partnered with Ricoh Australia to offer intelligent document management and workflow solutions to the customers located in Australia. The company complements the existing offering of Ricoh’s business.

Market Segmentation

Segmentation by Component

  • Services
  • Solutions

Segmentation by Deployment Type

  • On-Premises
  • Cloud
  • Hybrid

Segmentation by Organization Size

  • Small & Medium-Sized Enterprises
  • Large Enterprises

Segmentation by Vertical

  • Government & Public Sector
  • BFSI
  • IT & Telecommunications
  • Healthcare & Life Sciences
  • Media & Entertainment
  • Manufacturing
  • Travel & Hospitality
  • Retail & Consumer Goods
  • Others

Segmentation by Region

  • Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC
  • North America
  • United States of America
  • Canada
  • Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe
  • RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact

Company Name: GMI RESEARCH

Contact Person: Sarah Nash

Email: [email protected]

Phone: Europe – +353 1 442 8820; US – +1 860 881 2270

Address: Dublin, Ireland

Website: https://www.gmiresearch.com/

 

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