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Nearly half of Canadians are engaged in home renovations, with average expenditures doubling since 2019

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Canadians are willing to pay more to make their homes eco-friendly

TORONTO, Nov. 28, 2024 /CNW/ – As interest rates continue to decline, poll findings show that renovations serve both practical and personal purposes, with over three in five (63%) Canadians driven by ambition to create a home to their taste and a desire to increase property value.

Nearly half of Canadians (49%) are in the process of planning, executing or have recently completed home improvements. Homeowners are reporting higher expenditures, with an average expected renovation cost of $19,000 which is nearly double the reported spend in 2019 ($10,000). Over half (57%) have paid or plan to cover costs using cash or personal savings, with 49% having a detailed, budgeted plan in place and 80% expressing confidence in their budget, timeline and scope.

“Despite rising costs, Canadian homeowners are investing significantly in practical upgrades to their homes right now, with 60 per cent choosing to renovate instead of selling their homes,” says Carissa Lucreziano, Vice-President, Financial Planning and Advice, CIBC. “Our results show that a quarter of renovators are consulting, or expecting to consult with a financial advisor in advance of their project, to help them create a plan, a budget and also manage any unexpected costs along the way.”

Three quarters of Canadian renovators have reported making compromises to reach their desired renovation goals, including being inconvenienced, reduced leisure and family time, cutbacks in discretionary spending and incurring higher renovation costs. Over half (59%) of Canadians are willing to pay more for a renovation that makes their home more environmentally friendly, and 73% of Canadians who have completed renovations or are planning them in the coming year say they are interested in incorporating smart, sustainable and/or energy efficient technology.

Other key findings include:

Top five renovations undertaken by homeowners in the past 12 months:Small upgrades and renovations (painting, general repairs etc.): 46%Bathroom upgrades or additions: 39%Flooring upgrades: 32%Kitchen upgrades or remodels: 27%Basement finishing: 26%Around four in 10 (41%) renovators cite cosmetic reasons as the purpose of the renovation, followed by functionality (39%), address wear and tear (39%), and to increase the home value (27%).

CIBC has a variety of online tools and resources to help Canadians through the renovation and upgrading process:

CIBC’s loan and line of credit calculators are tools you can use to gauge how much you can borrow to put towards desired renovations.The CIBC Home Power Plan – using the equity in your home, you can combine a line of credit and a mortgage in order to consolidate all of your personal credit under one low-interest and secured borrowing solution, which can be adjusted to help fund your renovation project and meet your future borrowing needs.CIBC Smart Planner is an intuitive tool that gives you timely insights into your spending habits to help you track and understand your finances better so that you can stay on top of your goals. The CIBC Savings Calculator offers tips on how you can grow your savings, and reach your home renovation ambitions faster.

Disclaimer

The findings are from an Ipsos poll conducted between September 18 and September 25, 2024, on behalf of CIBC. For this survey, a sample of 1,500 Canadians aged 18+ were interviewed online. Sample was sourced from the Ipsos panel. Weighting was employed to balance demographics to ensure that the sample’s composition reflects that of the adult population according to Census data and to provide results intended to approximate the sample universe. The precision of Ipsos online polls is measured using a credibility interval. In this case, the poll is accurate to within ±3.1 percentage points, 19 times out of 20, had all Canadians been polled. The credibility interval will be wider among subsets of the population.

About CIBC

CIBC is a leading North American financial institution with 14 million personal banking, business, public sector and institutional clients. Across Personal and Business Banking, Commercial Banking and Wealth Management, and Capital Markets, CIBC offers a full range of advice, solutions and services through its leading digital banking network, and locations across Canada, in the United States and around the world. Ongoing news releases and more information about CIBC can be found at www.cibc.com/ca/media-centre.

SOURCE CIBC

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WILDBRAIN UPDATES SHAREHOLDERS ON AVAILABILITY OF MEETING MATERIALS FOR ITS FISCAL 2024 ANNUAL GENERAL MEETING

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TORONTO, Nov. 28, 2024 /CNW/ – WildBrain Ltd. (“WildBrain” or the “Company”) (TSX: WILD), a global leader in kids’ and family entertainment, today announced that, due to the ongoing Canada Post labour dispute, delivery of the notice of meeting, information circular, and proxy form (the “Meeting Materials”) for the Company’s upcoming Annual and General Meeting (the “Meeting”), to be held on Thursday, December 19, 2024 at 10:00 a.m. Eastern Time, will be significantly delayed until the Canada Post labour dispute is resolved, and shareholders may not receive physical copies of the Meeting Materials in advance of the Meeting.

Copies of the Meeting Materials including the form of proxy have been filed and are available on the Company’s SEDAR+ profile at www.sedarplus.ca.

If you are a registered shareholder, please call the Company’s Transfer Agent, Computershare on (800) 564-6253 to request a control number to cast your vote for the upcoming Meeting.

If you hold shares through an intermediary such as a brokerage firm, please contact your intermediary directly for a copy of the proxy form.

The voting deadline for the Company’s upcoming Meeting is 10:00 a.m. Eastern Time on December 17, 2024.

WildBrain has elected to hold the Meeting as a virtual event, which will be conducted via live video webcast, at https://meetnow.global/MNUKWUJ.

For more information, please contact:

Investors: Kathleen Persaud – VP Investor Relations, WildBrain
kathleen.persaud@wildbrain.com
+1 212-405-6089

Media: Shaun Smith – Sr. Director, Global Communications & Public Relations, WildBrain
shaun.smith@wildbrain.com
+1 416-977-7230

About WildBrain

At WildBrain we inspire imaginations through the wonder of storytelling. As a leader in 360° franchise management, we are experts in content creation, audience engagement and global licensing, cultivating and growing love for our own and partner brands around the world. With approximately 14,000 half-hours of kids’ and family content in our library—one of the world’s most extensive—we are home to such treasured franchises as Peanuts, Teletubbies, Strawberry Shortcake, Yo Gabba Gabba!, Inspector Gadget and Degrassi. WildBrain’s mission is to create exceptional entertainment experiences that captivate and delight fans both young and young at heart.

Our studios produce such award-winning series as The Snoopy Show; Snoopy in Space; Camp Snoopy; Strawberry Shortcake: Berry in the Big City; Sonic Prime; Chip and Potato; Teletubbies Let’s Go! and many more. Enjoyed in more than 150 countries on over 500 platforms, our content is everywhere kids and families view entertainment, including YouTube, where our network has garnered approximately 1.5 trillion minutes of watch time. Our television group owns and operates some of Canada’s most loved family entertainment channels. WildBrain CPLG, our leading consumer-products and location-based entertainment agency, represents our owned and partner properties in every major territory worldwide. 

WildBrain is headquartered in Canada with offices worldwide and trades on the Toronto Stock Exchange (TSX: WILD). Visit us at wildbrain.com.

Forward-Looking Statements

This press release contains “forward-looking statements” under applicable securities laws with respect to the Company. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, such statements involve risks and uncertainties and are based on information currently available to the Company. Actual results or events may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations, among other things, include the availability of and cost of financing, general economic and market conditions and the impact of such conditions on the industries in which WildBrain operates, competition and the potential impact of industry mergers and acquisitions, market factors, WildBrain’s ability to identify and execute anticipated production, distribution, licensing and other contracts, contractual counterparty risk, the ability of WildBrain to realize the expected value of its assets, supply chain and other related disruptions, and risk factors discussed in materials filed with applicable securities regulatory authorities from time to time including matters discussed under “Risk Factors” in the Company’s most recent Annual Information Form and annual Management Discussion and Analysis. These forward-looking statements are made as of the date hereof, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.

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SOURCE WildBrain Ltd.

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Printed Electronics Market to Grow by USD 68.68 Billion (2024-2028), Rising Demand for Flexible Displays Drives Growth, Report Highlights AI Evolution – Technavio

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NEW YORK, Nov. 28, 2024 /PRNewswire/ –Report on how AI is driving market transformation – The global printed electronics market size is estimated to grow by USD 68.68 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  17.92%  during the forecast period. Growing demand for flexible display is driving market growth, with a trend towards emerging stretchable electronics. However, challenge of encapsulation  poses a challenge. Key market players include Agfa Gevaert NV, BASF SE, DuPont de Nemours Inc., Dycotec Materials Ltd., Enfucell, Fujikura Co. Ltd., Henkel AG and Co. KGaA, InnovationLab GmbH, Jabil Inc., Koch Industries Inc., Nissha Co. Ltd., NovaCentrix, Optomec Inc., Printed Electronics Ltd., Samsung Electronics Co. Ltd., Schreiner Group GmbH and Co. KG, TE Connectivity Ltd., Xerox Holdings Corp., YFY Inc., and Ynvisible Interactive Inc.

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

                                                                                                      Printed Electronics Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 17.92%

Market growth 2024-2028

USD 68679.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

15.18

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 48%

Key countries

South Korea, Japan, China, US, and UK

Key companies profiled

Agfa Gevaert NV, BASF SE, DuPont de Nemours Inc., Dycotec Materials Ltd., Enfucell, Fujikura Co. Ltd., Henkel AG and Co. KGaA, InnovationLab GmbH, Jabil Inc., Koch Industries Inc., Nissha Co. Ltd., NovaCentrix, Optomec Inc., Printed Electronics Ltd., Samsung Electronics Co. Ltd., Schreiner Group GmbH and Co. KG, TE Connectivity Ltd., Xerox Holdings Corp., YFY Inc., and Ynvisible Interactive Inc

Market Driver

The Printed Electronics Market is experiencing significant growth, particularly in consumer electronics and IoT applications. OLED displays and printed RFID devices are leading the trend, offering higher efficiency, lower power consumption, and upgrades through easy upgrades and improvisations. Companies like CymMetrik are driving innovation with advanced materials, inks, and substrates. Flexible substrates, such as glass, silicon, flexible foil, paper, and Polyethylene Terephthalate (PET), are used in various devices like photovoltaic, lighting, RFID, and other devices. Ink materials and substrate material segments are key areas of focus, with conductive inks in silver, carbon, and metallic varieties, and graphene ink gaining popularity. Printing technologies like inkjet, screen-printing, gravure, and flexographic are used, with R2R printing and offset printing also in use. While high investment costs are a challenge, the market’s potential for cost-effectivity, accuracy, authenticity, reliability, and innovation in smart packaging, photovoltaic devices, solar energy, and various other devices make it an exciting space to watch. 

Stretchable electronics, a technology for constructing flexible electronic circuits, is gaining significant traction in various industries. These electronics are designed to be placed on stretchable substrates or embedded within materials like silicones and polyurethanes. The market for stretchable electronics is projected to expand, particularly in the healthcare sector. This growth is attributed to the increasing demand for real-time patient monitoring, especially for individuals with critical health conditions, as well as the application of these technologies in military and sports sectors for health tracking and management. Key applications include cyber skins for robotic devices, implantable electronics, moldable energy storage devices, and blood glucose test strips. 

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 Market Challenges

 The Printed Electronics Market is experiencing significant growth due to its applications in consumer electronics, IoT devices, and various other sectors. OLED displays and RFID devices are leading the way, offering advantages such as higher efficiency, lower power consumption, and upgrades through easy upgrades and improvisations. Companies like CymMetrik are driving innovation with advanced materials, inks, and substrates. Flexible substrates like glass, silicon, and flexible foil, as well as paper and PET, are used in inkjet printing, screen-printing, and other technologies. Challenges include high investment cost for advanced technologies like R2R printing, gravure printing, offset printing, and inkjet or screen printing. The market for printed batteries, sensors, and medical & healthcare devices is expanding, with a focus on accuracy, authenticity, reliability, and cost-effectivity. Ink materials and substrate material segments include conductive inks, silver, carbon inks, metallic inks, and graphene ink. The photovoltaic devices segment, which includes solar energy, is also gaining traction.The encapsulation process for printed electronics, particularly in the manufacturing of flexible OLED displays and light panels, is a costly challenge. This issue is not limited to flexible substrates but also applies to rigid ones. With mass production of these panels, the cost increases significantly. Companies like Samsung and LG Display, which use vapor deposition techniques for OLED displays with curved form factors, face this expense. This challenge is anticipated to persist in printed OLED displays, where the encapsulation cost will be comparable to vapor deposition methods.

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Segment Overview 

This printed electronics market report extensively covers market segmentation by  

Technology 1.1 Screen1.2 Inkjet1.3 Gravure1.4 FlexographicApplication 2.1 Display2.2 Sensors2.3 Photovoltaics2.4 Battery2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Screen-  The screen-printing process is a well-established technology in the printed electronics market for creating high-quality and reliable printed circuits. Its advantages include high throughput, high resolution, and a low cost per unit. Screen printing is particularly suitable for large-area and high-volume production in applications such as flexible displays, photovoltaics, and touch screens. Although it may not be ideal for producing small, intricate patterns with high precision, screen printing’s ability to create thick and highly conductive traces makes it suitable for high-current applications. Despite some limitations, such as the need for significant setup time and cost for stencils or masks, screen printing’s popularity continues in the printed electronics market due to its proven performance and versatility. Therefore, the screen-printing segment is expected to contribute significantly to the growth of the global printed electronics market during the forecast period.

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Research Analysis

Printed electronics is a rapidly evolving technology that is revolutionizing the consumer electronics industry. This technology enables the production of electronic components directly onto various substrates, including glass, silicon, flexible foil, paper, and Polyethylene Terephthalate (PET). The market for printed electronics is expanding due to its applications in IoT devices, OLED displays, RFID tags, and various communication devices. Printed electronics offer several advantages over traditional electronics, such as lower production costs, higher efficiency, and low power consumption. This technology is a research arena for upgrades and improvisations, with advancements in materials, inks, and substrates. Ink materials include conductive polymers, metal nanoparticles, and organic semiconductors, while substrate material segments include flexible substrates like PET and glass. Printing techniques such as inkjet printing and screen-printing are commonly used in the production of printed electronics. The market for printed electronics is expected to grow significantly in the coming years due to the increasing demand for smartphones, wearable devices, and other IoT applications. Overall, printed electronics is a dynamic and innovative field that is transforming the consumer electronics industry.

Market Research Overview

Printed electronics is an emerging technology that is revolutionizing the consumer electronics industry by enabling the production of flexible, lightweight, and cost-effective electronic devices. This technology is finding extensive applications in IoT, consumer electronics, and various other sectors. The technology offers several advantages such as higher efficiency, lower power consumption, and upgrades through easy upgrades and improvisations. Printed electronics are used in various applications including OLED displays, RFID devices, and communication devices. The market for printed electronics is driven by the demand for IoT devices, smartphones, and display devices. The technology utilizes various materials such as inks, substrates, and ink materials segment like conductive inks made of silver, carbon, metallic inks, and graphene ink. Substrate materials include glass, silicon, flexible foil, paper, and Polyethylene Terephthalate (PET). Printing technologies include inkjet printing, screen-printing, gravure printing, and R2R printing. While screen printing technology is widely used, other printing technologies like gravure and offset printing are also gaining popularity. The market for printed electronics is diverse and includes photovoltaic devices for solar energy, lighting, RFID, other devices like printed batteries, sensors, and medical & healthcare applications. The technology offers benefits such as accuracy, authenticity, reliability, and cost-effectivity. However, the high investment cost associated with the production of these devices remains a challenge for the market. Smart packaging is another growing application area for printed electronics. The market for printed electronics is expected to grow significantly in the coming years due to its numerous advantages and increasing demand from various industries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TechnologyScreenInkjetGravureFlexographicApplicationDisplaySensorsPhotovoltaicsBatteryOthersGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Enterprise Content Management Market to Grow by USD 35.03 Billion (2024-2028), Demand for Secure Content & Automated Workflows Rises, with AI Driving Transformation – Technavio

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NEW YORK, Nov. 28, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global enterprise content management market size is estimated to grow by USD 35.03 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  21.48%  during the forecast period. Growing need to enhance content security and optimize business processes with automated workflows is driving market growth, with a trend towards rise in adoption of ai-based enterprise content management. However, difficulties with integration and implementation of enterprise content management with current applications poses a challenge. Key market players include Acquia Inc., Adobe Inc., Alfresco Software Ltd., Capgemini Service SAS, Compulink Management Center Inc., Datamatics Global Services Limited, DNN Corp., Epicor Software Corp., HP Inc., Hyland Software Inc., International Business Machines Corp., M Files, Microsoft Corp., Newgen Software Technologies Ltd., OpenText Corp., Optimizely Inc., Oracle Corp., Ricoh Co. Ltd., Salesforce Inc., and Xerox Holdings Corp..

Key insights into market evolution with AI-powered analysis. Explore trends, segmentation, and growth drivers- View Free Sample PDF

                                                                                    Enterprise Content Management Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 21.48%

Market growth 2024-2028

USD 35026.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

17.41

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 41%

Key countries

US, Germany, UK, Canada, and France

Key companies profiled

Acquia Inc., Adobe Inc., Alfresco Software Ltd., Capgemini Service SAS, Compulink Management Center Inc., Datamatics Global Services Limited, DNN Corp., Epicor Software Corp., HP Inc., Hyland Software Inc., International Business Machines Corp., M Files, Microsoft Corp., Newgen Software Technologies Ltd., OpenText Corp., Optimizely Inc., Oracle Corp., Ricoh Co. Ltd., Salesforce Inc., and Xerox Holdings Corp.

Market Driver

The Enterprise Content Management (ECM) market is witnessing a significant trend towards centralized platforms that help business organizations manage information throughout the project lifecycle. Bigger organizations require efficient and secure ways to manage sensitive data and regulatory content on wireless devices. Operational efficiency and compliance requirements are key concerns, as risks such as data breaches and unauthorized access pose significant threats. ECM solutions offer features like indexing, retrieval, and informed decision-making for improved patient care and administrative efficiency in healthcare. Centralized repositories ensure the integrity of content assets, including electronic health records, consent forms, insurance claims, and invoices. In industries like telecom and IT, manufacturing, media and entertainment, and financial services, ECM platforms enable automation of workflows, record management, and audit trails. ECM systems are increasingly integrating artificial intelligence, machine learning, and predictive learning to enhance document management, risk reduction, and content collaboration. Enterprise size, industry regulations, and digital transformation initiatives influence the choice between on-premise and cloud-based ECM systems. Consulting, system integration, and operation & maintenance services ensure effective implementation and ongoing support. ECM solutions provide end-to-end platform capabilities, mobile platforms, and cloud platforms to cater to diverse business needs. 

Enterprise content management systems have experienced increased adoption of AI technology. Companies in various industries integrate AI into their content management systems to streamline operations and gain a competitive edge. An illustration of this trend is the implementation of AI-driven chatbots in customer service. These chatbots, fueled by AI, efficiently access and retrieve pertinent information from the content management system, enabling them to provide prompt and accurate responses to customer inquiries. This enhances customer satisfaction and enables customer service teams to focus on more intricate issues. 

Request Sample of our comprehensive report now to stay ahead in the AI-driven market evolution!

 Market Challenges

Business organizations face numerous challenges in managing their content, particularly during the project lifecycle. Bigger organizations deal with vast amounts of sensitive information, including electronic health records, patient medical history, diagnostic reports, and treatment plans, which require strict compliance with regulatory requirements and high levels of security. Centralized ECM platforms offer a solution, providing a centralized repository for content assets, enabling efficient indexing, retrieval, and informed decision-making. However, challenges persist, such as risks of data breaches and unauthorized access. ECM solutions offer security features, including consent forms, audit trails, and access controls. Wireless devices and cloud platforms expand accessibility, but raise concerns for data security and confidentiality. ECM market offers various solutions, including document management, workflow automation, and record management, catering to industries like healthcare, financial services, telecom and IT, manufacturing, media and entertainment, and more. Enterprises face operational efficiency and compliance requirements, necessitating the need for ECM platforms that offer automation, business continuity, and digital transformation initiatives. Effective operations and high-quality patient care rely on efficient content management processes, reducing risks, and ensuring data integrity. ECM solutions offer end-to-end platforms, mobile platforms, and AI-integrated systems, requiring a skilled workforce for system integration, operation & maintenance, and consulting services.Enterprise content management is a crucial business tool for managing, organizing, and storing digital content. However, integrating and implementing this solution with existing applications can present challenges. Technical limitations of current technology infrastructure are a significant hurdle. For instance, outdated database systems may not be compatible with the database management component of enterprise content management systems. This incompatibility can hinder the successful implementation of enterprise content management solutions. To overcome these challenges, businesses may need to invest in upgrading their technology infrastructure or seek the assistance of technology experts. By addressing these technical limitations, businesses can effectively leverage enterprise content management to streamline their content management processes and improve overall efficiency.

Discover how AI is revolutionizing market trends- Get your access now!

Segment Overview 

This enterprise content management market report extensively covers market segmentation by  

Deployment 1.1 On-premises1.2 CloudEnd-user 2.1 BFSI2.2 Manufacturing2.3 Healthcare2.4 Retail2.5 OthersGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 On-premises-  On-premise Enterprise Content Management (ECM) solutions refer to the deployment of software or applications within a company’s network infrastructure or physical hardware. This approach offers several advantages to businesses. Firstly, it provides enhanced security as companies can maintain critical data within their own network, reducing the risk of data breaches or unauthorized access. Secondly, businesses can ensure compliance with industry regulations and internal policies by controlling access privileges, data encryption, and security configurations. Thirdly, on-premise deployment offers customization benefits, allowing companies to configure their workflows, integrations, and user roles to suit their specific needs. Lastly, it provides performance benefits by eliminating lag time associated with cloud-based systems or web applications. Several industries, including healthcare, finance, and government agencies, have adopted on-premise solutions due to their sensitive nature and regulatory requirements. For instance, healthcare providers must adhere to regulations like HIPAA, which necessitates secure systems for managing patient data. Therefore, the on-premise segment’s growth in the global market is expected to be driven by these factors during the forecast period.

Download a Sample of our comprehensive report today to discover how AI-driven innovations are reshaping competitive dynamics

Research Analysis

Enterprise Content Management (ECM) refers to the centralized platform used by business organizations to manage and store various types of information throughout the project lifecycle. Bigger organizations rely on ECM systems to efficiently manage structured and unstructured content, including regulatory content, wirelessly from wireless devices. ECM solutions enable effective information sharing, audit management, and compliance requirements. They offer document management, case management, workflow management, record management, digital asset management, and content management tools. Cloud-based storage, artificial intelligence, machine learning, predictive learning, audit trails, data security, and social media content management are some advanced features of ECM systems. Sensitive data, corporate information, and paperwork are effectively managed and secured using these systems, ensuring operational efficiency and reducing the need for physical storage.

Market Research Overview

The Enterprise Content Management (ECM) market is a dynamic and growing industry that provides businesses of all sizes with centralized platforms for managing and securing their information throughout the project lifecycle. Bigger organizations rely on ECM solutions to streamline operational efficiency, ensure compliance with regulatory requirements, and mitigate risks related to data breaches and unauthorized access. ECM platforms offer a centralized repository for managing content assets, including sensitive data, and provide security features such as encryption, access controls, and audit trails. They enable digital processes for industries like healthcare, where electronic health records, patient medical histories, diagnostic reports, and treatment plans are crucial for informed decision-making and improved patient care. ECM solutions offer document capture, imaging process, and digitizing paper documents into electronic formats, reducing manual data entry and paperwork. They also provide workflow automation, remote access capabilities, and indexing and retrieval features for efficient document management and informed decision-making. The ECM market caters to various industries, including telecom and IT, manufacturing, media and entertainment, financial services, and healthcare, among others. It offers cloud-based and on-premise solutions, as well as consulting, system integration, and operation & maintenance services. ECM platforms also offer AI-integrated systems, predictive learning, and record management capabilities, making them essential tools for businesses undergoing massive digital transformation initiatives.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentOn-premisesCloudEnd-userBFSIManufacturingHealthcareRetailOthersGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/enterprise-content-management-market-to-grow-by-usd-35-03-billion-2024-2028-demand-for-secure-content–automated-workflows-rises-with-ai-driving-transformation—technavio-302318413.html

SOURCE Technavio

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