The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Content Intelligence Market Trends. The growth sectors of the Content Intelligence Market Trends are identified with precision for a better growth perspective.
The global market for content intelligence, as per the report by Market Research Future, is expected to register a CAGR of 33.2% during the forecast period to reach a value of USD 2,653.2 Million by 2025.
Drivers and Restraints
The growth of the market can be accredited to the increasing adoption of automated content-centric processes, enterprise content management (ECM) systems, and analytical solutions to identify the target audience and augment the conversion rate. Furthermore, rising adoption of innovative technologies such as artificial intelligence (AI), and machine learning (ML), as a part of content intelligence solutions and increasing demand for personalized content services to improve the customer experience are expected to pave the way for the growth of content intelligence market during the forecast period. However, vast volumes of unstructured data and lack of redundant data solutions that restrict the providers to recognize the target customers are some of the major factors expected to hamper the expansion of the content intelligence market ver the assessment period.
The Global Content Intelligence Market has end-user based on deployment mode, component, end-user, organization size, and region.
By component, the global market for content intelligence has been bifurcated into solutions and services. moreover, based on the services, the content intelligence market has been bifurcated into professional services and managed services. The professional services segment has been segmented into content strategy services, content engineering services, and other support services. The solution segment accounted for the broader market share in 2018, whereas the services segment is poised to observe a higher CAGR over the next few years.
Based on the deployment mode, the market has been segmented into on-premise, cloud, and hybrid. The cloud segment is slated to be the largest segment in the market, while, the hybrid segment is poised to register the highest CAGR over the review period.
Based on organization size, the market has vast into small-and medium-sized enterprises and large enterprises. The large enterprises’ segment accounted for the largest segment in 2018, whereas the small- and medium enterprise segment is slated to register the higher CAGR during the review period.
Based on end user, the global market for content intelligence has been categorized into education, BFSI, healthcare, manufacturing, government, media and entertainment, IT and telecommunication, and others. The BFSI segment is assessed as the largest market share, whereas the media and entertainment segment is slated witness gradual growth at the highest CAGR during the forecast period.
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