The Web Content Management Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Web Content Management Global Market Report 2024, The web content management market size has grown rapidly in recent years. It will grow from $10.95 billion in 2023 to $12.94 billion in 2024 at a compound annual growth rate (CAGR) of 18.1%. The growth in the historic period can be attributed to content explosion, user experience focus, mobile optimization needs, regulatory compliance, globalization and multilingual content, shift to digital marketing.
The web content management market size is expected to see rapid growth in the next few years. It will grow to $26.14 billion in 2028 at a compound annual growth rate (CAGR) of 19.2%. The growth in the forecast period can be attributed to dynamic content delivery, scalability for high-traffic sites, content analytics and insights, environmental sustainability considerations, intelligent content authoring. Major trends in the forecast period include cloud-based wcm solutions, mobile-first content management, content collaboration and workflow automation, focus on accessibility and inclusivity, real-time content editing and preview, ai-powered content management, voice search optimization.
The increase in the proliferation of web services is expected to propel the growth of the web content management market going forward. Web services are a collection of standards and protocols that are used to exchange data between systems or applications. Web content management becomes an important part of any organization with the increasing significance of web presence as a result of an increasing volume of content continuing to proliferate. For instance, in 2021, according to a report shared by W3Techs, an Austria-based information provider about the usage of various types of technologies on the web, WordPress, a free and open-source content management system written in PHP developed by WordPress Foundation, is contributing to 39.5% of all websites in 2021 compared to 35% of sites in 2020, that means WordPress is used by two out of every five websites. Also, WordPress usage has grown by 12% annually on average, reaching 43.2% in 2022. Therefore, the increasing proliferation of web services is driving the growth of the web content management market.
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The web content management market covered in this report is segmented –
1) By Component: Solutions, Service
2) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMES)
3) By Deployment Mode: On-Premises, Cloud
4) By Vertical: BFSI, IT And Telecom, Retail And Ecommerce, Healthcare And Life Sciences, Government, Travel And Hospitality, Media And Entertainment, Other Applications
Top Major Players:
- OpenText Corporation
- International Business Machines Corporation
- Adobe Systems Incorporated
- Sitecore Corporation A/S
- Episerver Inc.
North America was the largest region in the web content management market in 2023.
Technological advancements are emerged as a key trend gaining popularity in the web content management market. Major companies operating in the web content management market are focused on developing new and innovative technologies to sustain their position in the market. For instance, in August 2021, OpenText Corporation, a Canada-based software company, launched a new content services platform called OpenText Core Content as part of OpenText Cloud Editions (CE) 21.2. This platform is engineered to facilitate modern cloud-based work, allowing organizations to securely capture, collaborate on, integrate, and oversee content and business operations. It represents an advanced SaaS content services platform that merges content management capabilities with seamless integration into critical business process applications, such as web content management systems such as Salesforce, Microsoft 365, and OpenText Core Case Management .
The web content management market report table of contents includes:
1. Executive Summary
2. Web Content Management Market Characteristics
3. Web Content Management Market Trends And Strategies
4. Web Content Management Market- Macro Economic Scenario
5. Global Web Content Management Market Size and Growth
…….
26. Global Web Content Management Market Competitive Benchmarking
27. Global Web Content Management Market Competitive Dashboard
28. Key Mergers And Acquisitions In Web Content Management Market
29. Web Content Management Market Future Outlook and Potential Analysis
30. Appendix
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