ICT Industry Reports

According to TechSci Research,  The global Digital Asset Management Market size is projected to grow at an impressive CAGR during the forecast period. The rising concern over increasing labor wages, the increasing demand of process automation and the rising penetration of smartphones are the major drivers of the digital asset management market. In terms of deployment type, the market for digital asset management is categorized into Cloud and On-premises. The cloud-based deployment is predicted to be the fastest growing among the deployment types during the forecast period. The on-premises deployment type is however predicted to be the largest during the forecast period. The growth of the on-premises deployment type is majorly attributable to the large enterprises prefer to store and manage their vital assets in their own infrastructure. In terms of vertical, the market for digital asset management is categorized into Media & Entertainment, BFSI, Consumer Goods & Retail, Ma...