Market Overview:

The Europe digital asset management market size reached US$ 1.1 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.0 Million by 2027, exhibiting a growth rate (CAGR) of 18.65% during 2022-2027.

Digital asset management, or DAM, refers to the software-based solution used for storing, retrieving, and utilizing rich media assets. It includes processing data files, engineering blueprints, and other assets such as text documents, web pages, graphics, videos, and audios. DAM software also helps in enhancing team creativity, managing press kits and picture collections and locating media files quickly using sophisticated search capabilities. In the European region, several advancements in DAM technology have encouraged businesses to adopt DAM-based solutions and services for efficient storage of digital files, asset tracking, collaboration and management.

The Europe digital asset management market is primarily driven by rapid digitization across various industries, resulting in the creation of massive digital content. Besides this, the growing number of DAM software providers has increased the availability and awareness of the software. Along with this, there has been a rise in the penetration of cloud-based services due to workflow collaboration and automation, which is bolstering the growth of the market. Furthermore, the outbreak of coronavirus disease (COVID-19) has led to the rising adoption of remote work culture, which has escalated the demand for DAM solutions to remotely access files and assets.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe digital asset management market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on type, component, application, deployment, organization size and end use sector.

Breakup by Type:

• Brand Asset Management System
• Library Asset Management System
• Production Asset Management System
   

Breakup by Component:

• Solution
• Services
  • Consulting
  • System Integration
  • Support and Maintenance
     

Breakup by Application:

• Sales and Marketing
• Broadcast and Publishing
• Others
   

Breakup by Deployment:

• On-premises
• Cloud
   

Breakup by Organization Size:

• Small and Medium-sized Enterprises
• Large Enterprises
   

Breakup by End Use Sector:

• Media and Entertainment
• Banking, Financial Services and Insurance (BFSI)
• Retail
• Manufacturing
• Healthcare and Life Sciences
• Education
• Travel and Tourism
• Others
   

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others
   

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Europe digital asset management market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Europe digital asset management market?
• What are the key regional markets?
• What is the breakup of the market based on the type?
• What is the breakup of the market based on the component?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the deployment?
• What is the breakup of the market based on the organization size?
• What is the breakup of the market based on the end use sector?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Europe digital asset management market and who are the key players?
• What is the degree of competition in the industry?