IDC Bullish on Asia-Pac CMS Market

According to IDC's latest study, the Content Management market in the Asia/Pacific excluding Japan region is expected to grow steadily at a five-year compound annual growth rate of 14.8%, reaching US$ 362.0 million by 2012. In comparison, the market value in 2007 was US$ 181.8 million.

The study (bearing the catchy title "Asia/Pacific (Excluding Japan) Content Management Software Market, 2008-2012 Forecast and 2007 Market Sizing"), predicts the demand for CM to be lead by Korea and Australia with China and India also showing significant growth. The varying maturity levels in the disparate markets, however, will no doubt lead to different adoption patterns. India and the PRC, still nascent markets, are likely to be taking their first steps into systems, whereas more mature markets, like Australia, will no doubt be looking to step up or expand their existing platforms.

Government initiatives are also a factor. Ridhi Sawhney, Market Analyst in IDC's Asia/Pacific Enterprise Applications Research notes, “In our research, we found that many APEJ countries have assigned top priority to various e-Government initiatives and are setting higher standards and requirements for record keeping, which is expected to continue drive CM adoption. Governments across the region are actively adopting Internet-based technologies as part of their ongoing efforts to offer more services digitally. These include reaching out to the public with up-to-date information on government portals and deploying record management, web content management software solutions, as well as e-forms to increase efficiency.”

The study generally shows positive signs that indicate a healthy and evolving market. Good news for CMS-focused companies like water&stone.

You can learn more about the IDC study by visiting IDC Asia Pacific.