Digital Asset Management Market | In Depth Industry Analysis
Global market for Digital Asset Management Market was estimated at USD 4.27 Billion in 2023 and is projected to reach USD 16.38 Billion by 2032, growing at a CAGR of 16.11% over the analysis period.
In 1992, Canto Software launched Cumulus — regarded as the first DAM system. It was an on-premises, standalone solution, that offered metadata indexing, thumbnail previewing, and searches capabilities. Though early DAM solutions helped users to easily find, verify, and retrieve assets, however files were still not easy to share.