Worldwide content management software market size 2019-2024

In 2021, the global content management software application market is expected to reach 43.1 billion U.S. dollars. The market is expected to grow at a compound annual rate of 0.6 percent until 2024, suggesting that the market will not see huge gains over the next couple of years.

Content management software application market

Content management software includes various applications and tools that allow companies and individuals to create, publish, maintain, and distribute digital content without building it from scratch. Some features of CMS applications are web content management, document management, digital rights management, authoring tools, and search and portal functions that all can be integrated into a business process through the cloud. Some of the major players include Microsoft, Adobe, Open Text Corporation, and Dropbox. Popular applications for reference are Microsoft 365 and Adobe Experience Manager.

Adobe Systems

While Adobe still ranks second in terms of market share in the content management applications market when compared to Microsoft, its cloud subscription offerings have kept it a persistent competitor. In recent years, Adobe’s Creative Cloud and Document Cloud offerings have seen a tremendous increase in revenue, contributing to its Digital Media segment. Adobe Systems provides its Adobe Experience Manager to customers all over the world in a range of industries from healthcare, banking, life sciences, and communication. Some companies for reference include Time Warner Cable, Roche, and KfW.