GCC Digital Asset Management Market by Type, by Component, by Application, by Deployment, by Organization Size and by End Use Sector: Industry Analysis, Trends, Growth and Forecast 2023-2028

GCC Digital Asset Management Market Overview:

The GCC digital asset management market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Digital asset management (DAM) is a software-based solution utilized by organizations for quick storage, retrieval, and use of digital assets, including processed data files, engineering blueprints, text documents, web pages, audio, videos, and graphics. It allows the authorized user to retrieve, review, edit and transfer data via a centralized interface. It also automates workflow, manages permissions through copyright functionalities, and streamlines the cloud experience for users. It assists in monitoring content effectiveness, providing access control, optimizing overall firm performance, and ensuring an optimum level of security at minimal operational costs.

There is an increase in the adoption of DAM solutions in small and medium-scale enterprises (SMEs) on account of rapid digitization, rising cloud-based solutions, and remote working models. It is used for marketing and broadcasting purposes and the growing need to automate workflow collaboration and gain controlled access with better security. This represents one of the major factors bolstering the market growth in the GCC region. Moreover, these solutions are used in the e-commerce sector to provide real-time information and predictive alerts on warehouse management and delivery. Along with this, the increasing demand for online shopping among the masses is favoring the market growth in the region. In addition, the integration of machine learning (ML), artificial intelligence (AI), and the internet of things (IoT) in DAM solutions are offering lucrative growth opportunities to market players operating in the region. Apart from this, these solutions find extensive application in the banking, financial services and insurance (BFSI) sector to streamline banking operations, protect the confidential information of customers and prevent against security breaches. This, coupled with the rising use of online banking services, is creating a positive outlook for the market in the GCC region. Besides this, key players are investing in research and development (R&D) activities in the field of information technology (IT), which is anticipated to provide a positive outlook to the market.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC digital asset management market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC digital asset management market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC digital asset management market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC digital asset management market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC digital asset management market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC digital asset management market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC digital asset management market industry. Furthermore, the value chain analysis of the GCC digital asset management market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Digital Asset Management Market Segment Insights:

The GCC digital asset management market has been analysed as followed:

By Type:

  • Brand Asset Management System
  • Library Asset Management System
  • Production Asset Management System

By Component:

  • Solution
  • Services
    • Consulting
    • System Integration
    • Support and Maintenance

By Application:

  • Sales and Marketing
  • Broadcast and Publishing
  • Others

By Deployment:

  • On-premises
  • Cloud

By Organization Size:

  • Small and Medium-sized Enterprises
  • Large Enterprises

By End Use Sector:

  • Media and Entertainment
  • Banking, Financial Services and Insurance (BFSI)
  • Retail
  • Manufacturing
  • Healthcare and Life Sciences
  • Education
  • Travel and Tourism
  • Others

By Country:

  • Saudi Arabia
  • United Arab Emirates
  • Qatar
  • Kuwait
  • Oman
  • Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Digital Asset Management Market Report:

  • Historical and current scenario
  • Trends and developments
  • Impact of COVID-19
  • Market forecast
  • Price analysis and forecast
  • Porter’s five forces analysis
  • SWOT analysis
  • Value chain analysis

Report Customisation:

The GCC digital asset management market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    GCC Digital Asset Management Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Type
    6.1    Brand Asset Management Systems
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Library Asset Management Systems
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Production Asset Management Systems
        6.3.1 Market Trends
        6.3.2 Market Forecast
7    Market Breakup by Component
    7.1    Solution
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Services
        7.2.1 Market Trends
        7.2.2 Major Types
           7.2.2.1 Consulting
           7.2.2.2 System Integration
           7.2.2.3 Support and Maintenance
        7.2.3 Market Forecast
8    Market Breakup by Application
    8.1    Sales and Marketing
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Broadcast and Publishing
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Others
        8.3.1 Market Trends
        8.3.2 Market Forecast
9    Market Breakup by Deployment
    9.1    On-premises
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Cloud
        9.2.1 Market Trends
        9.2.2 Market Forecast
10    Market Breakup by Organization Size
    10.1    Small and Medium-sized Enterprises
        10.1.1 Market Trends
        10.1.2 Market Forecast
    10.2    Large Enterprises
        10.2.1 Market Trends
        10.2.2 Market Forecast
11    Market Breakup by End Use Sector
    11.1    Media and Entertainment
        11.1.1 Market Trends
        11.1.2 Market Forecast
    11.2    Banking, Financial Services and Insurance (BFSI)
        11.2.1 Market Trends
        11.2.2 Market Forecast
    11.3    Retail
        11.3.1 Market Trends
        11.3.2 Market Forecast
    11.4    Manufacturing
        11.4.1 Market Trends
        11.4.2 Market Forecast
    11.5    Healthcare and Life Sciences
        11.5.1 Market Trends
        11.5.2 Market Forecast
    11.6   Education
        11.6.1 Market Trends
        11.6.2 Market Forecast
    11.7    Travel and Tourism
        11.7.1 Market Trends
        11.7.2 Market Forecast
    11.8    Others
        11.8.1 Market Trends
        11.8.2 Market Forecast
12    Market Breakup by Country
    12.1    Saudi Arabia
        12.1.1 Market Trends
        12.1.2 Market Breakup by Type
        12.1.3 Market Breakup by Component
        12.1.4 Market Breakup by Application
        12.1.5 Market Breakup by Deployment
        12.1.6 Market Breakup by Organization Size
        12.1.7 Market Breakup by End Use Sector
        12.1.8 Market Forecast
    12.2    UAE
        12.2.1 Market Trends
        12.2.2 Market Breakup by Type
        12.2.3 Market Breakup by Component
        12.2.4 Market Breakup by Application
        12.2.5 Market Breakup by Deployment
        12.2.6 Market Breakup by Organization Size
        12.2.7 Market Breakup by End Use Sector
        12.2.8 Market Forecast
    12.3    Qatar
        12.3.1 Market Trends
        12.3.2 Market Breakup by Type
        12.3.3 Market Breakup by Component
        12.3.4 Market Breakup by Application
        12.3.5 Market Breakup by Deployment
        12.3.6 Market Breakup by Organization Size
        12.3.7 Market Breakup by End Use Sector
        12.3.8 Market Forecast
    12.4    Oman
        12.4.1 Market Trends
        12.4.2 Market Breakup by Type
        12.4.3 Market Breakup by Component
        12.4.4 Market Breakup by Application
        12.4.5 Market Breakup by Deployment
        12.4.6 Market Breakup by Organization Size
        12.4.7 Market Breakup by End Use Sector
        12.4.8 Market Forecast
    12.5    Kuwait
        12.5.1 Market Trends
        12.5.2 Market Forecast
    12.6    Bahrain
        12.6.1 Market Trends
        12.6.2 Market Forecast
13    SWOT Analysis
    13.1    Overview
    13.2    Strengths
    13.3    Weaknesses
    13.4    Opportunities
    13.5    Threats
14    Value Chain Analysis
15    Porters Five Forces Analysis

    15.1    Overview
    15.2    Bargaining Power of Buyers
    15.3    Bargaining Power of Suppliers
    15.4    Degree of Competition
    15.5    Threat of New Entrants
    15.6    Threat of Substitutes
16    Price Analysis
17    Policy and Regulatory Landscape
18    Competitive Landscape

    18.1    Market Structure
    18.2    Key Players
    18.3    Profiles of Key Players

List of Figures

Figure 1: GCC: Digital Asset Management Market: Major Drivers and Challenges
Figure 2: GCC: Digital Asset Management Market: Sales Value (in Million US$), 2017-2022
Figure 3: GCC: Digital Asset Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: GCC: Digital Asset Management Market: Breakup by Type (in %), 2022
Figure 5: GCC: Digital Asset Management Market: Breakup by Component (in %), 2022
Figure 6: GCC: Digital Asset Management Market: Breakup by Application (in %), 2022
Figure 7: GCC: Digital Asset Management Market: Breakup by Deployment (in %), 2022
Figure 8: GCC: Digital Asset Management Market: Breakup by Organization Size (in %), 2022
Figure 9: GCC: Digital Asset Management Market: Breakup by End Use Sector (in %), 2022
Figure 10: GCC: Digital Asset Management Market: Breakup by Country (in %), 2022
Figure 11: GCC: Digital Asset Management (Brand Asset Management Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: GCC: Digital Asset Management (Brand Asset Management Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: GCC: Digital Asset Management (Library Asset Management Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: GCC: Digital Asset Management (Library Asset Management Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: GCC: Digital Asset Management (Production Asset Management Systems) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: GCC: Digital Asset Management (Production Asset Management Systems) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: GCC: Digital Asset Management (Solution) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: GCC: Digital Asset Management (Solution) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: GCC: Digital Asset Management (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: GCC: Digital Asset Management (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: GCC: Digital Asset Management (Sales and Marketing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: GCC: Digital Asset Management (Sales and Marketing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: GCC: Digital Asset Management (Broadcast and Publishing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: GCC: Digital Asset Management (Broadcast and Publishing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: GCC: Digital Asset Management (Other Applications) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: GCC: Digital Asset Management (Other Applications) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: GCC: Digital Asset Management (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: GCC: Digital Asset Management (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: GCC: Digital Asset Management (Cloud) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: GCC: Digital Asset Management (Cloud) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: GCC: Digital Asset Management (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: GCC: Digital Asset Management (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: GCC: Digital Asset Management (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: GCC: Digital Asset Management (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: GCC: Digital Asset Management (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: GCC: Digital Asset Management (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: GCC: Digital Asset Management (Banking, Financial Services, and Insurance-BFSI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: GCC: Digital Asset Management (Banking, Financial Services, and Insurance-BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: GCC: Digital Asset Management (Retail) Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: GCC: Digital Asset Management (Retail) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: GCC: Digital Asset Management (Manufacturing) Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: GCC: Digital Asset Management (Manufacturing) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: GCC: Digital Asset Management (Healthcare and Life Sciences) Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: GCC: Digital Asset Management (Healthcare and Life Sciences) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: GCC: Digital Asset Management (Education) Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: GCC: Digital Asset Management (Education) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: GCC: Digital Asset Management (Travel and Tourism) Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: GCC: Digital Asset Management (Travel and Tourism) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: GCC: Digital Asset Management (Other End Use Sectors) Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: GCC: Digital Asset Management (Other End Use Sectors) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Saudi Arabia: Digital Asset Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Saudi Arabia: Digital Asset Management Market: Breakup by Type (in %), 2022
Figure 53: Saudi Arabia: Digital Asset Management Market: Breakup by Component (in %), 2022
Figure 54: Saudi Arabia: Digital Asset Management Market: Breakup by Application (in %), 2022
Figure 55: Saudi Arabia: Digital Asset Management Market: Breakup by Deployment (in %), 2022
Figure 56: Saudi Arabia: Digital Asset Management Market: Breakup by Organization Size (in %), 2022
Figure 57: Saudi Arabia: Digital Asset Management Market: Breakup by End Use Sector (in %), 2022
Figure 58: Saudi Arabia: Digital Asset Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: UAE: Digital Asset Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: UAE: Digital Asset Management Market: Breakup by Type (in %), 2022
Figure 61: UAE: Digital Asset Management Market: Breakup by Component (in %), 2022
Figure 62: UAE: Digital Asset Management Market: Breakup by Application (in %), 2022
Figure 63: UAE: Digital Asset Management Market: Breakup by Deployment (in %), 2022
Figure 64: UAE: Digital Asset Management Market: Breakup by Organization Size (in %), 2022
Figure 65: UAE: Digital Asset Management Market: Breakup by End Use Sector (in %), 2022
Figure 66: UAE: Digital Asset Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Qatar: Digital Asset Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Qatar: Digital Asset Management Market: Breakup by Type (in %), 2022
Figure 69: Qatar: Digital Asset Management Market: Breakup by Component (in %), 2022
Figure 70: Qatar: Digital Asset Management Market: Breakup by Application (in %), 2022
Figure 71: Qatar: Digital Asset Management Market: Breakup by Deployment (in %), 2022
Figure 72: Qatar: Digital Asset Management Market: Breakup by Organization Size (in %), 2022
Figure 73: Qatar: Digital Asset Management Market: Breakup by End Use Sector (in %), 2022
Figure 74: Qatar: Digital Asset Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Oman: Digital Asset Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Oman: Digital Asset Management Market: Breakup by Type (in %), 2022
Figure 77: Oman: Digital Asset Management Market: Breakup by Component (in %), 2022
Figure 78: Oman: Digital Asset Management Market: Breakup by Application (in %), 2022
Figure 79: Oman: Digital Asset Management Market: Breakup by Deployment (in %), 2022
Figure 80: Oman: Digital Asset Management Market: Breakup by Organization Size (in %), 2022
Figure 81: Oman: Digital Asset Management Market: Breakup by End Use Sector (in %), 2022
Figure 82: Oman: Digital Asset Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Kuwait: Digital Asset Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Kuwait: Digital Asset Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Bahrain: Digital Asset Management Market: Sales Value (in Million US$), 2017 & 2022
Figure 86: Bahrain: Digital Asset Management Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 87: GCC: Digital Asset Management Industry: SWOT Analysis
Figure 88: GCC: Digital Asset Management Industry: Value Chain Analysis
Figure 89: GCC: Digital Asset Management Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: GCC: Digital Asset Management Market: Key Industry Highlights, 2022 and 2028
Table 2: GCC: Digital Asset Management Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: GCC: Digital Asset Management Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 4: GCC: Digital Asset Management Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 5: GCC: Digital Asset Management Market Forecast: Breakup by Deployment (in Million US$), 2023-2028
Table 6: GCC: Digital Asset Management Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
Table 7: GCC: Digital Asset Management Market Forecast: Breakup by End Use Sector (in Million US$), 2023-2028
Table 8: GCC: Digital Asset Management Market Forecast: Breakup by Country (in Million US$), 2023-2028
Table 9: GCC: Digital Asset Management Market: Competitive Structure
Table 10: GCC: Digital Asset Management Market: Key Players

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