According to our latest market study on “Java Content Management System Software (CMS) Market Forecast to 2027 – COVID-19 Impact and Global Analysis– by Product Type (Monthly Subscription and Annual Subscription) and Application (SMEs and Large Enterprises),”the market was valued at US$ 1,328.0 million in 2019 and is projected to reach US$ 2,818.5 million by 2027; it is expected to grow at a CAGR of 10.2% from 2020 to 2027.
The increasing focus of enterprises toward digitization and rising adoption of CMS solution are some of the key driving factors for global Java CMS Software market. The enterprise content management system software market is massive and growing exponentially. Familiarity with the CMS software and rising need for secure content management platforms has steered the demand for java-based CMS software. Further, Java being among the most popular programming languages across the world, these solutions are projected to witness lucrative growth rate over the forecast period.
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The COVID-19 has spread significantly across APAC and North America, Europe, MEA, and SAM regions hit hard. The regions have significant numbers of market players. Though the complete impact of COVID-19 is still unidentified, the impact across the mentioned industries and their value chain will probably be far-reaching—and strongly affecting the deployment of java CMS software. However, due to lockdown and work from home scenarios, the business of content management providers might get impacted as the companies are postponing purchase of new solutions at present.
Rising Proliferation and Ease of Use of CMS
Java has been deployed at enterprise level since years, making the platform is consistent. Further, there is an availability of a diverse range of frameworks, libraries, and tools for quick and effective development, thereby making it cost-effective. Additionally, Java Virtual Machine (JVM) is comparatively safer and securer than most of other programming counterparts. This is attributable to the compilation of the code into bytecode, which runs on a safe environment. Also, the Open Services Gateway initiative (OSGi) helps in effective integration with other applications.
Players operating in the Java CMS Software market focus on strategies, such as market initiatives, acquisitions, and product launches, to maintain their positions in the Java CMS Software market. A few developments by key players of the Java CMS Software market are:
- In October 2020, Bloomreach Partnered with Exponea .Both companies have experienced decent growth as a result of the recent surge in digital commerce and online shopping worldwide..
- In August 2020, Alkacon Software GmbH & Co. KG Launched OpenCms 11.0.2 which is a is a maintenance release for OpenCms 11. This version fixes a number of issues that have been detected in OpenCms 11.0.1.
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