The global Web Content Management Software Market was analyzed by Market Research Future (MRFR) and it was projected that a massive CAGR of 17% will be attained by the market over the forecast period of 2017 to 2023. The valuation of the Web Content Management Software Market was further stated to surpass its previous figure and reach a calculated valuation of USD 11 Billion by the end of the forecast period.

Key Drivers and Primary Barriers

The COVID-19 outbreak and the resultant lockdown continue to affect the world economy. However, the Internet has emerged as a prime solution to deal with the pandemic spread as it is helping gain information with regard to various aspects of the public. From education to healthcare, and from retail to sales, the strong IT infrastructure has ensured continuous business flow as well as dissemination of accurate data. Although the COVID-19 impact has been significant, the Internet has helped companies to adapt to the major changes and continue with their work. With that said, the unexpected changes in the internet traffic patterns have led to challenges in terms of managing the digital content found on a website. Therefore, a number of websites that offer critical updates with regard to the novel coronavirus are increasing opting for the web content management software to deal with the voluminous traffic content currently witnessed.

Segmentation:

The global [FURL=https://www.marketresearchfuture.com/reports/web-content-management-software-market-4932/]Web Content Management Software Market Size[/FURL] has been segmented in terms of deployment, vertical, organization size, and components.

By components, the market divides into services and solutions.

By deployment, the market segments into on-premises and cloud-based deployment. Among these, the cloud-based segment accounted for the largest share in the global market. This is due to benefits like speed of deployment and low-level of cost. However, the on-premise segment is anticipated to grow during the forecast period at the highest pace. This is due to the expanding number of large enterprises that require storage of content at a digital capacity.

By organization size, the market breaks down into medium, small, and large size.

By vertical, the market comprises Retail, BFSI, Education, Media and Entertainment, Hospitality, Healthcare, Manufacturing, Government, Hospitality and Others.

Also Read: [FURL]http://www.marketwatch.com/story/web-content-management-software-market-grows-as-customer-experience-gains-prime-focus-web-content-management-software-market-size-share-growth-and-challenges-2020-08-11 /[/FURL]