View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
November 28, 2010

Asia-Pacific secure content management market revenues reach $122m in first half of 2010: IDC

CM market in APEJ to reach $477m by 2015

By CBR Staff Writer

The Asia-Pacific excluding Japan (APEJ) secure content management market grew at 12% year-over-year to reach $122m in the first half of 2010, according to Asia/Pacific Semiannual Content Management Applications Tracker by IDC.

The research firm said that the countries like Australia, Korea, India and Singapore accounted for 77% of the total revenue for CM market in APEJ region.

The report expects that the CM market in APEJ will reach $477m by 2015 with countries like India, Singapore and the PRC contributing strongly towards growth during the forecast period.

In addition, the report said that automation of document and paper-intensive business processes and streamlining these processes using business process management in tandem with content management and capture offerings are the key drivers for the CM market growth.

IDC Asia/Pacific software research group market analyst Ridhi Sawhney said compliance initiatives continue to fuel significant spends on CM systems and information governance is also becoming a driver that many CM vendors have been focused on.

"Information within enterprises is still scattered across making it difficult to search and access the necessary information and the need to improve information workers’ productivity by enabling users to organise, store, share, and find business documents thus becomes a core driver for content management software market," Sawhney said.

Content from our partners
The growing cybersecurity threats facing retailers
Cloud-based solutions will be key to rebuilding supply chains after global stress and disruption
How to integrate security into IT operations

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy