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Asia Pacific Enterprise Content Management Software MarketsProduct Type: Market Research ReportPublished by: Frost & Sullivan Published: July 2006 Product Code: R1-5365 Description Research OverviewThis Frost & Sullivan research service titled Asia Pacific Enterprise Content Management Markets provides strategic analysis and forecasts of ECM software by verticals, horizontals, product segments, and geographic region. It covers the following 13 countries: Australia, China, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, the Philippines, Singapore, South Korea, Taiwan, and Thailand. In this research service, Frost & Sullivan's expert analysts thoroughly examine market segments such as collaborative document management, Web content management, digital asset management, records management, document imaging, and work flow management. Market Sectors Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research: By Application:
The following technologies are covered in this research:
Increasing Numbers of Merges and Acquisitions Propel Demand for Enterprise Content Management Software to Manage Data There is an increasing tendency toward market consolidation within the enterprise content management (ECM) software market. Such fervent merger and acquisition (M&A) activities are driving enterprises’ need to manage, integrate, and preserve critical documents and records. Leading ECM software vendors are looking to take advantage of this trend to expand their product bases and maintain their market dominance. Large vendors continue to acquire local companies that have significant market presence as well as key participants in niche segments. This move will help them deliver a complete suite of services. Major vendors have woken up to the inconveniences caused by the delay in implementing each ECM software segment separately, and are packaging these segments into suites of services in order to shorten the implementation cycle. "ECM software is resource dependent and needs abundant storage space and bandwidth for efficient operation," says the analyst of this research service. "With the progressive reduction in storage costs, attention has shifted toward efficient and transfer of encrypted information." Such technological advances are expected to further drive uptake of ECM software. ,b> Need to Comply with Security Regulations Compel Enterprises to Install ECM Software Enterprises deploy ECM solutions mainly to comply with mandates and regulations such as Sarbanes Oxley and Basel II that were passed for effectively managing the increasing volumes of unstructured business information and transactions. "In some countries, stringent government regulations against shredding of important transactions have mandated the maintenance of electronic records to ease audit purposes," notes the analyst. "The increasing complexity of regulations in the financial services and other regulated industries are expected to further drive the demand for the software." Apart from regulations, the growing need for process automation to enhance customer service also keeps enterprises interested in ECM software. The key verticals that drove the market for ECM software in the Asia Pacific region during 2005 were banking, financial services, and insurance (BFSI), government and education, manufacturing, legal, and telecommunications. A major share of the revenues was accrued from segments such as collaborative document management, records management, and Web content management. Table of Contents
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