Enterprise Information Management Market Size to Grow by $ 67.54 Billion through 2021-2025 | Forecast and Trend Analysis

Technavio has been monitoring the enterprise information management (EIM) market and it is expected to grow by $ 67.54 billion, accelerating at a CAGR of almost 19% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Enterprise Information Management Market: Emerging Trends to Impact Market Growth

Digital transformation to extend the scope of EIM to emerge as a key trend in the industrial enterprise information management market. Adoption of information as an asset for process optimization and productivity is another important factor influencing the growth of the enterprise information management market. Strategic management of organizational information or information governance is a primary driver for the adoption of EIM. A well-designed and unified information strategy is crucial for achieving a competitive advantage in today's information-driven economy. Correctly implemented information strategy can lead to an increase in organizational decision-making accuracy, process optimization, and threat reduction.

This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will enable clients to assess their play in the market and plan for growth opportunities.

Enterprise Information Management Market: Vendor Analysis

The market is fragmented due to the presence of several players. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Adobe Inc., Cognizant Technology Solutions Corp., Dell Technologies Inc., HP Inc., Hyland Software Inc., International Business Machines Corp., Microsoft Corp., Open Text Corp., Oracle Corp., and SAP SE are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio custom reports provide market insights at the global and regional level along with a pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

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