Here is what is fueling the growth of the Cloud Enterprise Content Management Market

Steadily, one can observe that, factors which are fueling the growth of the Cloud Enterprise Content Management Market are: awareness about cloud-based ECM benefits among the enterprises and reduced operational and capital expenditure.

We have the need for business agility, faster deployment and scalability. However, enterprises face some obstacles while adopting cloud ECM, such as security concerns, data protection, and complexities involved in application portability.

According to Research and Markets, the cloud Enterprise Content Management (ECM) market size is estimated to grow from USD 9.77 billion in 2017 to USD 34.42 billion by 2022, at a Compound Annual Growth Rate (CAGR) of 28.6%.