New York, Oct. 15, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Content Management Software Industry” – https://www.reportlinker.com/p05817722/?utm_source=GNW
5% over the period 2020-2027. On-Premises, one of the segments analyzed in the report, is projected to record 14.8% CAGR and reach US$59 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud-Based segment is readjusted to a revised 16.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $11 Billion, While China is Forecast to Grow at 20.3% CAGR
The Content Management Software market in the U.S. is estimated at US$11 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$25.5 Billion by the year 2027 trailing a CAGR of 20% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.1% and 13.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 12.3% CAGR.We bring years of research experience to this 19th edition of our report. The 476-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,