U.S. Content Services Platforms Market is expected to grow with the CAGR of 23.6% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.
Content Services Platforms (CSP) is a combined/integrated platform that provides content-focused services, repositories, APIs, solutions, and business processing tools to support digital business/organizations. Typical CSP systems are used for document management, back-office processes, business process applications, records management among others. A CSP system has its own repository, where it collects and stores all the information and content. CSP solutions have its own interfaces, such as web, desktop, and mobile applications, which help users use their content services.
Growing adoption of Social, Mobile, Analytics, and Cloud (SMAC) technologies for content management, document management, case management, and web content management are expected to drive the growth of the U.S. content services platforms market. Moreover, rapid digital transformation coupled with increasing product launches by key players in the country is expected to further boost the market growth. However, growing concerns regarding data security are restraining the growth of the market. In addition, high maintenance of CSP systems is another restraining factor for the market. On the other hand, rise in demand for CSP solutions in the BFSI industry is an opportunity for the market. Whereas, lack of skilled professionals required to handle the CSP systems is a major challenge factor for the market growth.
Major players dealing in U.S. content services platforms market are introducing a wide range of products. This helps companies maximize their sales with enhanced product portfolio.
ADOBE is headquartered in California, U.S. The company is engaged in designing computer software for applications, such as content & document management software solutions and services for consumer. The product categories of the company include data insights & audiences, experience management platform, content management, and B2B marketing out of which content management is market focused category.
The company has presence in North America, South America, Europe, Asia-Pacific, and Middle East & Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Fotolia (U.S.), Marketo (U.S.), Mixamo (U.S.), Workfront (U.S.), Scene 7 (U.S.) and others.
Open Text Corporation
Open Text Corporation is headquartered in Ontario, Canada and was established in 1991. The company is engaged in offering enterprise information management software to its customers. Some of the product & solution categories provided by the company include information management, product & solution suites, open text cloud, developers, partners & alliances, and cloud edition services. The market focused categories are information management and product & solutions suites.
The company has presence in North America, Asia-Pacific, Europe, South America, and Middle East & Africa. In addition to it, the company also generates its revenue from the various subsidiary companies such as Open Text Pty Limited (Australia), Webroot pty Limited (Australia) and and others.
Box, Inc. is headquartered in California, U.S. and was founded in 2005. The company is engaged in providing content management software solutions and services for consumer across the globe. Some of the product categories include security & compliance, collaboration, workflow, E-signature, integrations, developer tools & APIs, IT administration, and controls out of which security & compliance, collaboration, and workflow are market focused product categories.
The company has global presence in North America, Europe, and Asia Pacific. In addition, It also generates revenue through various subsidiaries such as Tervela (U.S.), Box.com (U.K.), Clariso Inc. (U.S.), Butter AI Corporation (U.S.), Increo Solutions Inc. (U.S.), and others.