IMARC Group, a leading market research company, has recently released a report titled “Asia Pacific Digital Asset Management Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the Asia Pacific digital asset management market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Asia Pacific Digital Asset Management Market?

The Asia Pacific digital asset management market size reached US$ 1,173 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 3,248 Million by 2028, exhibiting a growth rate (CAGR) of 18.4% during 2023-2028.

What is Digital Asset Management?

Digital asset management (DAM) is a software solution that is generally used to store digital asset information. It is designed to manage and centrally store digital content, including videos, images, documents, web pages, graphics, and blueprints. As a result, it offers a centralized interface that helps to automate workflows while streamlining business processes. Consequently, it is extensively utilized across banking, financial services, and insurance (BFSI) and retail sectors.

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What are the Growth Prospects and Trends in the Asia Pacific Digital Asset Management Industry?

One of the key factors driving the Asia Pacific DAM market growth is the rising need for collaborative digital workflow across small & medium-sized enterprises (SMEs) to perform marketing and sales activities. Moreover, the implementation of a regulatory framework by regional governments has prompted organizations to adopt DAM. Such solutions offer controlled access to authorized users and better security of digital assets to avoid copyright issues, which is impelling the market growth. Moreover, the advent of fifth generation (5G) networks and the large-scale integration of artificial intelligence (AI), machine learning (ML), and the internet of things (IoT) are supplementing the market growth. Furthermore, the extensive utilization of DAM systems on e-commerce platforms to collect, store, catalog, and share digital content are expanding the market growth in the region.

What is Included in Market Segmentation?

The report has categorized the market based on type, component, application, deployment, organization size and end use sector.

Breakup by Type:

  • Brand Asset Management System
  • Library Asset Management System
  • Production Asset Management System

Breakup by Component:

  • Solution
  • Services
    • Consulting
    • System Integration
    • Support and Maintenance

Breakup by Application:

  • Sales and Marketing
  • Broadcast and Publishing
  • Others

Breakup by Deployment:

  • On-premises
  • Cloud

Breakup by Organization Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

Breakup by End Use Sector:

  • Media and Entertainment
  • Banking, Financial Services and Insurance (BFSI)
  • Retail
  • Manufacturing
  • Healthcare and Life Sciences
  • Education
  • Travel and Tourism
  • Others

Countries Covered:

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others

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Key Highlights of The Report:                                                    

  • Market Performance (2017-2022)
  • Market Outlook (2023-2028)
  • Market Trends
  • Market Drivers and Success Factors
  • Impact of COVID-19
  • Value Chain Analysis
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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