The Global SaaS-based ECM market will grow at a CAGR of 31.11% over the period 2013-2018.
To calculate the market size, the report considers subscription revenue from sales of the following enterprise applications: Document Centric Collaboration, Web Content Management, Document Imaging, Document Management System, and Records Management.
One of the major drivers in the market is the need for effective management of corporate information. ECM helps store and publish content as well as maintain a collaborative environment. This in turn provides information to professionals regarding their existing and new clients as well as new ventures undertaken by the organization. Hence, ECM systems offer a user-friendly experience to customers by pushing targeted content including email management and campaign management.
SpringCM is considered one of four "Key Vendors."