Global Media Asset Management Market Set For Rapid Growth & Demand, By 2026

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“Global Media Asset Management Market Set For Rapid Growth & Demand, By 2026 ” is the latest addition to MarketResearchReports.Biz industry research reports collection.

The latest report on the global “Media Asset Management Market” presents answers to crucial questions that are important to comprehend developments in the said A holistic and detailed overview of the global “Media Asset Management Market” that includes information derived from utilizing various quantitative and qualitative analysis techniques has been compiled in this latest market report. This compilation offers its readers a great overview of the “Media Asset Management Market” during a forecast period from 2018 to 2026.

The growing need for the management of assets such as equity, fixed income, real estate, commodities, and international investments is the key factor boosting the deployment and adoption of digital wealth management solutions across the globe. The U.S. Department of Commerce states that in 2015, U.S. asset managers held over US$51 trillion worth of long-term conventional assets under management, which amounted to slightly over 47.0% of the global funds that year.

Key growth factors for the global digital wealth management market include increasing demand for fast and convenient way to do transaction especially in transport sector (such as pharmacies, public transport, and gas stations where quick transactions are preferred) and retail sector has helped in enhancing the counter sales process thereby increasing the number of digital transactions. Significant demand for global digital wealth management is also anticipated from associated industries including, hospitality, media & entertainment and healthcare which is expected to drive the market growth.

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Rapid growth in disposable income among the masses can be considered as another major factor propelling the global digital wealth management market. The growth of mobile applications in the recent past is viewed as a trend in the global digital wealth management market. The increasing amount of wealth generated and managed by organizations can be analyzed to track and scrutinize performance at all levels of the enterprise. Additionally, the ease in accessibility offered through cloud-based systems are also fuelling market growth of the global digital wealth management market. Further, the growing competition among the information and technology companies, which makes the global digital wealth management market highly competitive could be considered as some of the major restraints to the growth of the global digital wealth management market. Such challenges are obstructing the growth for the global digital wealth management market. Also, the concerns related to security, especially the threats arising due to cyber-attacks are expected to hamper the market growth in the coming years. Nevertheless, customization in multi-channel digital wealth management platforms is expected to present potential growth opportunities during the forecast period.

The global digital wealth management market can be segmented on the basis deployment, organization size, end-use vertical and geography. Based on deployment type, the market has been divided into on-premise and cloud. The cloud segment has been sub-classified into on-demand cloud and hosted cloud. The cloud segment is expected to gain traction in the near future, due to numerous benefits offered by cloud-deployed multi-channel solutions such as ease of use, ease of access, reduced physical clutter, cost savings, and reliability. In terms of organization size, the global digital wealth management market has been categorized into small & medium enterprise (SME) and large enterprise. On the basis of end-use industry, the global digital wealth management market has been segmented into IT and Telecom, BFSI, retail, manufacturing, healthcare, and others.

The global digital wealth management market is segmented on the basis of regions into North America, South America, Europe, Asia Pacific, and Middle East & Africa. North America has the largest number of digital wealth management vendors. North America is closely followed by Europe in terms of prominent digital wealth management vendors. This trend can be attributed to the increasing focus on innovations obtained from research and development and security technologies in the developed countries. Furthermore, the Asia-Pacific region is expected to emerge as the fastest growing market in the years from 2018-2026. Growing economies in the Asia Pacific region such as India, China and Japan are investing heavily in digital wealth management. This is in-turn supporting the growth of digital wealth management market in the region while further increasing the degree of competition among the digital wealth management vendors.

The major vendors that offer digital wealth management market solutions and services across the globe include Hewlett Packard Enterprise Development LP, FundCount, SoftTarget Inc., SimCorp Inc, QED Financial System, eFront Financial Solutions, Broadridge Investment Management Solutions, ProTrak International, SunGard Financials and CreditPoint Software.

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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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