IDC: Document management software a priority in Asia Pacific

"In India, Singapore, China, and Australia, managing content published on the Web is the top role played by CM software," said Ridhi Sawhney, market analyst of Asia/Pacific Software Research at IDC. "Managing content with ever-increasing volumes of information, mounting regulatory pressure, and disparate applications with isolated data repositories, remains a big challenge. There is continuous demand for content management software from legacy businesses and developing countries as organizations endeavor to transition from manual overlay systems to automated systems.

CM market in the region is expected to grow steadily at a five-year compound annual growth rate (CAGR) of 7.42 percent, reaching US$ 308.42 million by 2013."