For Information & Knowledge Management Professionals (Length: 13 pages)
July 18, 2005
ECM Growth Outpaces The Overall Software Market
Compliance And Process Efficiency Help Drive Spending To $3.9 Billion By 2008
by Kyle McNabb
with Connie Moore, Robert Markham, Colin Teubner
Executive Summary (This is a document excerpt)
The market for enterprise content management (ECM) license software will exceed $3.9 billion in 2008, outpacing the overall software market with a forecasted 19% compound annual growth rate. Fueling this growth is recognition by $1 billion-plus companies that ECM is requisite technology for addressing their compliance, governance, and process efficiency needs. As larger infrastructure vendors such as Oracle and Microsoft provide ECM capabilities, the expansion of the ECM market to currently underserved geographies and vertical markets will also drive growth.
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WHAT IT MEANS
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Forrester gathered or estimated the following for 17 vendors within the ECM market category, including ECM suite vendors as well as pure-play vendors in Web content management, document imaging, document management, COLD, digital asset management, and records management: ECM license revenues for 2003, 2004, and Q1 2005. Forrester also collected demand-side data from more than 60 ECM users surveyed or interviewed in early 2005. Related Research Documents
December 15, 2004, Data Overview
October 28, 2004, Trends
January 13, 2004, Planning Assumption
August 15, 2003, Planning Assumption |
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Original air date: Thursday, August 14, 2008
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