July 07, 2020
According to the research report titled ‘Global Entity Management Solution Market - Analysis By Offering, Deployment Model, Organization Size, By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024)’, available with Market Study Report LLC, global entity management solution market accounted for USD 2523.33 million in 2018 and is expected to register significant growth by the year 2024.
Rising adoption of AI (artificial intelligence) and digital platforms in order to organize corporate data, maintain director & officer information and to develop strategic reports for decision-making and auditing is a major factor driving the growth of entity management solution market.
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The technology allows for managing & maintaining the entity data such as regulatory filings and compliance responsibilities. Advancements in online platform, cloud computing as well as mobile technologies has further accelerated the market expansion in recent years.
As per offering type, global entity management solution industry is bifurcated into service and software segments. In terms of deployment model, the market is split into cloud-based and on-premise segments. Emphasizing on organization size, the report divides the market into large enterprise and small & medium enterprise.
From the regional perspective, worldwide entity management solution industry is classified into regions such as North America, Asia-Pacific, Europe, and Rest of the World with key focus on countries such as Mexico, Canada, U.S., Italy, France, Germany, U.K, Japan, India, and China.
According to the report, North America captured a substantial share of the overall market and is slated to record continuous growth in the forthcoming years. Meanwhile, Asia-Pacific entity management solution industry is estimated to generate lucrative revenues during the estimated timeframe.
Corporatek Inc., Harbor Compliance, Wolters Kluwer N.V., EntityKeeper, Berkman Solutions, Legalinc Corporate Services Inc., Corporation Services Company (CSC), Symfact, Diligent Corporation and Computershare Ltd. are the major companies in global entity management solution industry.