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Global Web Content Management Market (2021 to 2026) - Increasing Shift Toward Cloud-Based Saas Content Management System Presents OpportunitiesDUBLIN, June 16, 2021 /PRNewswire/ -- The "Web Content Management Market by Component, Solution (Standalone & Integrated), Application (Website Management, Social Media Management, Workflow Management), Deployment Mode, Vertical, and Region - Global Forecast to 2026" report has been added to ResearchAndMarkets.com's offering. The global WCM market size to grow from USD 6.9 billion in 2021 to USD 14.3 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period. In hyper-competitive verticals, such as media and entertainment, retail and eCommerce, and IT and telecom, WCM plays a vital role in efficiently managing workflows, leading to publication on the web. Factors such as customers' shift toward video-based content across the Over-The-Top (OTT) space and the adoption of AR and VR to enable companies to modify website content drive the growth of the WCM market across the globe. In a short time, the COVID-19 outbreak has affected markets and customer behaviors. It has had a substantial impact on economies and societies. COVID-19 impacts are foreseen to shift consumer demand to online channels. This may irreversibly change customer behavior as once people get into the habit of shopping online, it becomes a routine, and it is hard to get away from it easily, forcing companies to escalate their online presence. There was an immediate and widespread impact of COVID-19 on customer behavior across all industries. For instance, the education industry has been one of the most affected industries, especially when it comes to publishing and distributing content to students, and staff, and faculty members. The services segment is expected to grow at a higher CAGR during the forecast period. The global WCM market is segmented on the basis of components into solutions and services. Based on the solutions segment, the market is divided into standalone and integrated. The services segment is further divided into managed services and professional services. The services segment is expected to grow at a higher CAGR during the forecast period. This growth is attributed to the growing digitalization and increasing customer shift toward online purchases, which have made it difficult for companies to cope with the ever-increasing volumes of customer data and extract actionable real-time insights from the data during the pandemic. The integrated solution segment is expected to hold a larger market size during the forecast period. On the basis of solution, the WCM market is segmented into a standalone and integrated solution. The integrated solution segment is expected to hold a larger market share during the forecast period. The integrated WCM solution is offered as a part of a suite or platform, in which WCM is offered as a capability or feature. It is integrated with a single solution to provide various benefits to end-users. These benefits include personalization, editing tools, document management, digital asset management, and record retention. Users can get multiple data protection capabilities out of a single solution. Among verticals, the healthcare and life sciences segment to grow at the highest CAGR during the forecast period/p>
North America to hold the largest market size during the forecast period. The WCM market has been segmented into five regions: North America, Europe, APAC, MEA, and Latin America. Among these regions, North America is projected to hold the largest market size during the forecast period. North America is expected to be the largest contributor among all the regions for the adoption of WCMs. The top countries contributing to the WCM market growth include the US and Canada. Organizations in various countries of this region, especially in the US, have leveraged AI, Machine Learning (ML), and deep learning technologies as a part of their ongoing business process to stay ahead in the market. These countries have a well-established economy, which enables WCM vendors to invest in new technologies. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview and Industry Trends 6 Web Content Management Market, by Component 7 Web Content Management Market, by Organization Size 8 Web Content Management Market, by Deployment Mode 9 Web Content Management Market, by Application 10 Web Content Management Market, by Vertical 11 Web Content Management Market, by Region 12 Competitive Landscape 13 Company Profiles 14 Adjacent and Related Markets 15 Appendix For more information about this report visit https://www.researchandmarkets.com/r/n3rc6r Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-web-content-management-market-2021-to-2026---increasing-shift-toward-cloud-based-saas-content-management-system-presents-opportunities-301313796.html SOURCE Research and Markets |