The Content Management Software Industry
The Content Management Software (CMS) market is a rapidly growing industry that provides businesses with essential tools for organizing and managing their digital content. As the world becomes increasingly digitized, the demand for content management software is bound to skyrocket in the coming years. This will lead to significant growth and expansion within the industry.
In this article, we’ll explore the latest statistics for the CMS market, including revenue and global market shares, to provide you with a comprehensive overview of this exciting and dynamic industry.
Key Players in Content Management Software Statistics
According to the statistics provided by Statista, the market share percentages of the key players in content management software are:
- Microsoft — 34.8%
- Adobe — 9.4%
- Docusign Inc — 7.6%
- Google — 7.5%
- Box — 4.5%
- OpenText — 9.9%
- Other — 26.2%
Microsoft is the key player in the CMS market share worldwide. In comparison to other software companies such as Adobe and Google, it is the leading provider of organization and management for businesses.
Content Management Software Revenue: Statistics
As shown in the graph above, the revenue for content management software each year rises and is predicted to rise in the upcoming years. In 2016, the revenue reached 13.59 billion US dollars and grew to 19.15 billion US dollars by 2022. Looking at this growth, experts estimated that by 2028, the revenue would reach 27.30 billion US dollars.
Here are some more interesting facts about content management software:
By 2023, revenue is projected to soar to a whopping US$20.95bn, with an impressive annual growth rate of 5.44% expected from 2023 to 2028, resulting in a market volume of US$27.30bn by 2028.
And that’s not all – the amount of money expected to reach for average Spend per Employee in the Content Management Software market is US$6.02 in 2023. It makes it a valuable investment for businesses looking to streamline their digital content management.
In a global comparison, the United States is set to generate the most revenue, with an eye-popping US$10,730.00m projected for 2023.
The Content Management Software market can have a significant impact on small business owners, particularly those looking to streamline their digital content management processes. With the increasing digitization of businesses, managing and organizing digital content is becoming more crucial than ever before. Content management software provides small business owners with essential tools to help them create, store, and manage their digital content in one centralized location.
If you’re looking to use a CMS software for your business, do your research on the key players (such as Microsoft, Adobe and Google) and choose the best platform for your business to streamline the processes.