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According to the recent report by IMARC Group, titled “
Digital Asset Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global digital asset management market size reached around US$ 3.88 Billion in 2020. Digital assets refer to documents, audio, animation, pictures, and other media content that requires proper rights to use them. Digital asset management (DAM) is a system that helps in storing, organizing, sharing, and retrieving digital assets at a centralized location. It helps in increasing the security and searchability of digital content in a cost-effective manner. DAM solutions also lead to an enhancement of team creativity by automating workflow, quick retrieval of media files and backup, and permission management via copyright functionality. Cloud DAM is designed with a user-friendly interface, due to which it is can be easily utilized by any member of the organization. As a result, DAM is increasingly being