Content Intelligence Market is expected to touch USD 4591 Million by 2027, expanding at a CAGR of 32.9% over the forecast period (2020-2027). Content intelligence is software that transforms the content and business data into functional insights for content strategies.
Content intelligence offers insights to allow the organization to offer better and more captivating content to get closer to the audience and improve the standard and content suggestions. Content creation has gained immense prominence from a marketing perspective, which is a major factor driving the content intelligence market. The advent of the latest technologies such as AI and ML and evolving need to analyze the interest of the audience are other factors propelling the market growth. Rapid innovation in cloud technology has resulted in the development of cloud-based content intelligence. However, the existence of a huge volume of content and scarcity of resources for generating quality content might hamper the Content Intelligence Market size.
By deployment type, the cloud segment will expand at a higher CAGR during the forecast period on account of the ongoing technological innovations in cloud technology. Also, as per the Content Intelligence Market Industry Analysis, the increasing adoption of cloud-based content intelligence by various enterprises to decentralize and improve data storage mobility will raise the market size.
By organization size, the large enterprise's segment is anticipated to hold a larger share over the coming years owing to the enforcement of advanced technologies such as big data and ML. Also, the growing adoption of content intelligence among large enterprises owing to the rising need to enhance operational efficiency will fuel the market growth.
In 2019, M-Files Inc. joined forces with Ricoh Australia to provide intelligent document management and workflow solutions to the customers situated in Australia.
Content Intelligence Market Segmentation:
Content Intelligence Market by Component
Content Intelligence Market by Deployment Type
Content Intelligence Market by Organization Size
· Small & Medium-Sized Enterprises
· Large Enterprises
Content Intelligence Market by Vertical
· Government & Public Sector
· IT & Telecommunications
· Healthcare & Life Sciences
· Media & Entertainment
· Travel & Hospitality
· Retail & Consumer Goods
Content Intelligence Market by Region:
· Asia Pacific
o Rest of APAC
· North America
o United States of America
o United Kingdom
o Rest of Europe
o South Africa
o Saudi Arabia
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