The media management industry moves to services-based business model, focusing on faster and cheaper workflow
May 11, 2018
In the media management market, migration from selling equipment-based solutions to service-based solutions is deploying massively this year. Nearly two-thirds (62 percent) of global revenue was service-based, growing to 63 percent by the end of 2017 and expected to grow to 66 percent in 2021. The overall market grew 7 percent in 2016 and 5 percent in 2017, but this growth rate is expected to slow to 4 percent in 2021.