Component content management system is a software or program that helps to create, control, maintain, change, and reassemble the digital content at component or document level. A component content management system is supported by backend database along with other features such as search engine and translation engine. These systems also offer website collaboration, authorization and administrative tools which helps users including programmers and non-programmers to create and manage documentation at ease. Component content management systems also enable companies with a large content rich repository to maintain and personalize their content in order to enhance overall business efficiency. Moreover, these systems also provide efficient and effective access to content and organize documentation process. Component content management systems offer various features such as publish content, orchestration, evaluation, and controlling of content. In addition, it also provides access control, workflow management, content virtualization, delegation, and document management of digital media or documents. Several component content management system vendors provide solutions capable of integrating with third-party hosting platforms and enable complete content management functionality.
Increasing demand for enhanced workflow efficiency as well as improved version tracking and integration with translation of content is boosting the adoption of component content management systems. In addition, rising emphasis of enterprises on enhanced user experience, scalability of digital content, and collaborative scenarios to monitor and manage documents is primarily driving the demand for component content management systems. Rapid technology advancements and significant growth in e-commerce websites and online businesses is supplementing the growth of the component content management system market. Moreover, businesses are focusing on brand consistency and better marketing and advertisement techniques through interactive and content-rich websites. This is likely to contribute to the revenue growth of the component content management system market in near future. However, cost of deployment and maintenance of component content management systems is one of the major barriers in large-scale adoption of these solutions. Apart from this, security issues and technical issues such as latency and tool mixing are anticipated to limit the use of component content management systems. Furthermore, substitute products such as enterprise content management software suite and integration modules available for component content management within such suites are expected to restraint the overall growth of the component content management system market. The rapid penetration of e-commerce businesses and generation of massive amount of data and digital information around the globe, especially in emerging regions such as Asia Pacific and Middle East & Africa (MEA) are projected to offer prominent opportunities to the component content management system market over the long-term period.
The global component content management system market can be segmented by component, enterprise size, application and industry. By component, the component content management system market is segmented into software/processing type, and services. Among these segments, software/ processing type is further bifurcated into on premise, cloud-based, and hybrid. Services segment is classified into professional services and managed services. Based on enterprise size, the component content management system market is categorized into small and medium enterprises (SME’s) and large enterprises. Considering the applications, adoption of component content management systems in content authoring, asset management, content repository, marketing and advertising and others such as branding and versioning is high across all enterprise sizes. By industry, the component content management system market is segmented into banking, financial services and insurance (BFSI), hospital and healthcare, hospitality, education, information technology (IT) and telecom, retail and e-commerce, government and public sector, education, media and entertainment, transportation & logistics and others such as oil & gas, law practice, and automotive.
The rising penetration and adoption of component content management systems has led many vendors to develop their solutions in the market. The component content management system market comprises a large number of private, public, and open source software vendors at the global and regional level. Some of the major players in the component content management system market are Adobe Systems, Inc., Appatura, Astoria Software, Bluestream XML Content Solutions, Componize, Dakota Systems, Inc., IXIASOFT, Ovitas, Inc., Quark Software, Inc., SCHEMA Group, SDL plc, SmartDocs, Inc., Technische Dokumentation GmbH, and TransPerfect, Inc.
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