The Digital Asset Management Market is expected to generate $20.6 billion by 2032, witnessing a CAGR of 15.8% from 2023 to 2032. Factors driving the growth of the market include the rise in the need for collaborative digital workflow, especially for marketing activities, growth in the need to meet the government’s compliance, increasing adoption of cloud-based DAM solutions, growth in e-commerce and digital marketing, and rising demand for video content.