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Digital Asset Management Market to grow by USD 22.51 Billion from 2025-2029, shift from on-premises to SaaS boosts the market, AI driving trends – Technavio

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NEW YORK, Jan. 31, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global digital asset management market size is estimated to grow by USD 22.51 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of about 26.3%  during the forecast period. Shift from on premises to saas is driving market growth, with a trend towards increased adoption of analytics to manage digital assets. However, data privacy and security concerns  poses a challenge. Key market players include Acquia Inc., Adobe Inc., Aprimo, Bynder BV, Canto Inc., CELUM GmbH, Cloudinary Ltd., Cognizant Technology Solutions Corp., Danaher Corp., Frontify AG, Image Relay Inc., International Business Machines Corp., MediaValet Inc., Open Text Corp., Oracle Corp., PhotoShelter Inc., QBNK Co. AB, Smartsheet Inc., TIBCO Software Inc., and WoodWing Software B.V..

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Digital Asset Management Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 26.3%

Market growth 2025-2029

USD 22508.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

22.7

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

APAC at 35%

Key countries

US, UK, Germany, Canada, France, Brazil, China, Japan, The Netherlands, and India

Key companies profiled

Acquia Inc., Adobe Inc., Aprimo, Bynder BV, Canto Inc., CELUM GmbH, Cloudinary Ltd., Cognizant Technology Solutions Corp., Danaher Corp., Frontify AG, Image Relay Inc., International Business Machines Corp., MediaValet Inc., Open Text Corp., Oracle Corp., PhotoShelter Inc., QBNK Co. AB, Smartsheet Inc., TIBCO Software Inc., and WoodWing Software B.V.

Market Driver

Digital Asset Management (DAM) market is witnessing significant trends as businesses, both small and medium, as well as large enterprises, are embracing digitalization. DAM software helps manage digital assets such as media files, documents, animations, graphics, and marketing materials in a centralized place. This enables easier organization, retrieval, and distribution of assets for marketing and sales teams. Trends include content hubs, content lifecycle management, and user-friendly solutions for initial implementation. Non-hosted DAM and AI-embedded DAM are gaining popularity, offering advanced features like metadata tagging, describing assets using Natural Language Processing and Computer Vision, and intelligent tagging for cross-referencing assets. Enterprise DAM solutions cater to the needs of large organizations, providing scalable storage, improved collaboration, and real-time analysis through chatbots and emerging technologies. DAM solutions are also being used in industries like retail, entertainment, and healthcare to manage product images, videos, and marketing campaigns, reducing inventory shrinkage, margin compression, and improving brand presence. Cloud-based DAM solutions offer flexibility for work-from-home policies and support various deployment models. DAM software is also being used for document presentations, multimedia assets, and AI-driven content recommendations for competitive advantage. Overall, DAM solutions are streamlining asset management, optimizing rich media production, and unifying management across marketing and sales teams. 

Digital Asset Management (DAM) solutions provide organizations with analytical tools to effectively manage their digital content. These tools allow for the analysis of digital content, such as text, images, and videos, to make informed business decisions. Cloud-based content analytics and asset tracking solutions are popular analytical tools, enabling the management of large data sets from mobile applications and smart devices. Content analytics services transform unstructured enterprise data into structured information, facilitating efficient digital content management. Predictive analytical solutions are increasingly adopted by organizations to enhance their content analytics capabilities. 

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 Market Challenges

•         Digital Asset Management (DAM) software has become essential for businesses looking to digitalize and manage their media and content effectively. However, implementing a DAM system comes with challenges. One of the main challenges is locating and organizing content across various departments and teams. A centralized hub for all digital assets is necessary for efficient content lifecycle management. Small and medium businesses face unique challenges such as initial implementation costs and user-friendliness. In contrast, large enterprises require enterprise-level DAM solutions with advanced features like AI algorithms, custom fields, and metadata tagging. Media assets, documents, animations, graphics, and marketing and sales files need to be streamlined and optimized for rich media production. DAM software should offer unified management, artificial intelligence, and machine learning capabilities for intelligent tagging and cross-referencing assets. Traditional marketing industries like retail face challenges such as inventory shrinkage, margin compression, and profit margin pressures. DAM can help retailers manage product images, videos, and catalogues, improving the instore experience and online order fulfillment process. Emerging technologies like cloud-based DAM, AI-embedded DAM, and chatbots offer capabilities for real-time analysis and improved collaboration. However, high upfront costs and deployment models can be a barrier for small and medium businesses. Enterprise DAM solutions offer scalable storage, smart search, and discovery features for large teams. Brands can leverage DAM for competitive advantage by intelligently tagging and making helpful recommendations based on real-time analysis. Regional requirements and content complexities add to the challenges of implementing a DAM system. Media providers, entertainment industries, healthcare, ecommerce and retail, travel and hospitality, and education sectors all have unique needs. In conclusion, DAM software offers significant benefits for businesses, but careful consideration of challenges like content location, hub, content lifecycle, and digitalization is necessary for successful implementation.

•         Digital asset management in the cloud presents significant security challenges for businesses. Cloud-based IT infrastructure holds numerous digital files, making data privacy and security a major concern. The risk of unauthorized access and hacking is ever-present, particularly in public cloud environments due to their multi-tenant nature. Cloud systems are built on various open-source codes, increasing the likelihood of introducing vulnerabilities. Ensuring cloud security is a complex task for vendors, as they must address these risks and provide solutions to protect digital assets from potential breaches.

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Segment Overview 

This digital asset management market report extensively covers market segmentation by  

Deployment 1.1 On-Premise1.2 CloudEnd-user 2.1 Large enterprise2.2 Small and medium enterpriseGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 On-Premise-  In an on-premises Digital Asset Management (DAM) deployment model, businesses purchase and install the software on their servers, managed by their IT teams. This approach offers features like workflow streamlining, budgeting, DAM, and reporting, making it suitable for large, complex marketing functions. The high cost and lack of scalability options are considerations. The software’s robustness and control over critical data are significant advantages, particularly for businesses with numerous business units, functions, or product lines. These factors are expected to boost the growth of the on-premises segment in the global market during the forecast period.

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Research Analysis

The Digital Asset Management (DAM) market is a rapidly growing segment in the business world, particularly for medium and small businesses, retailers, and departments seeking to optimize their content management processes. DAM software acts as a centralized digital hub for businesses to store, manage, and distribute their digital assets, including product images, videos, marketing campaigns, and print materials. With the increasing use of smartphones and digitalization, businesses face challenges such as inventory shrinkage and margin compression, making it crucial to streamline their content lifecycle. DAM solutions help businesses manage their product library efficiently, reducing redundant content, and enhancing the instore experience. Additionally, DAM software supports online orders and the fulfillment process, ensuring accurate stock replenishment and seamless integration with the supply chain. Overall, DAM software acts as a digital library, enabling businesses to effectively manage their content and enhance their marketing efforts.

Market Research Overview

Digital Asset Management (DAM) refers to the process of centrally locating, organizing, sharing, and collaborating on digital assets such as media files, documents, animations, graphics, and marketing materials. DAM software enables businesses, departments, and teams to digitalize their content and streamline asset management, optimizing rich media production, and unified management. The digitalization of content is crucial for businesses of all sizes, from medium to large enterprises, in various industries like retail, entertainment, and healthcare. DAM solutions offer user-friendly interfaces, enabling easy initial implementation and lifetime licenses. They provide advanced features like AI algorithms for asset discovery, custom fields, and metadata tagging, describing assets for intelligent tagging and cross-referencing. DAM systems offer scalable storage solutions, enabling businesses to manage their digital content effectively. They also provide advanced collaboration features, improving teamwork and reducing redundant content. DAM solutions are essential for businesses looking to optimize their marketing and sales efforts, manage brand presence, and gain a competitive advantage through intelligent content management. Emerging technologies like cloud-based DAM, AI-embedded DAM, and chatbots offer real-time analysis and forecasting content needs, making helpful recommendations, and providing smart search and discovery features. DAM solutions are essential for businesses looking to adapt to the behavioral shift towards digital consumption, including audio consumption, online video streaming, and social media campaigns.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

DeploymentOn-PremiseCloudEnd-userLarge EnterpriseSmall And Medium EnterpriseGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Bill Faust Named Consulting Magazine Top Consultant of the Year in Industry Specialization

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Impact Advisors Leader Recognized for Expertise in Healthcare IT Implementation

CHICAGO, April 22, 2026 /PRNewswire-PRWeb/ — Impact Advisors, a leading healthcare management consulting firm, is proud to announce that Bill Faust, Managing Director, has been named a Top Consultant of the Year by Consulting Magazine in the category of Industry Specialization. This prestigious award honors consultants who demonstrate deep domain expertise and deliver exceptional value to clients within their field.

“Bill’s recognition as a Top Consultant of the Year is a testament to his deep industry expertise and unwavering commitment to client success.” -Andy Smith, managing partner and co-founder of Impact Advisors

Faust brings more than 28 years of healthcare IT experience, with a distinguished track record leading large-scale, complex implementations for both ambulatory and acute care organizations. Over the past 25 years, he has held progressive leadership roles supporting major Epic and Oracle initiatives, helping healthcare systems successfully navigate digital transformation and achieve measurable outcomes.

In his role at Impact Advisors, Faust leads the firm’s EHR Implementation & Support practice, where he is responsible for driving strategy, delivery excellence, and client success across some of the most complex healthcare IT programs in the country. His ability to combine deep technical knowledge with strong executive communication has enabled him to build trusted relationships with clients and vendor partners alike.

“Bill’s recognition as a Top Consultant of the Year is a testament to his deep industry expertise and unwavering commitment to client success,” said Andy Smith, managing partner and co-founder of Impact Advisors. “He consistently delivers high-impact results for our clients while helping advance the healthcare industry through his thoughtful, strategic leadership. Bill joined our team as our ninth colleague, and we’re fortunate to have had his guidance for all these years.”

Consulting Magazine’s Top Consultants awards recognize outstanding professionals who have made significant contributions to the consulting profession and their clients. The Industry Specialization category specifically highlights consultants who have demonstrated exceptional depth of knowledge and impact within a defined sector.

Faust’s recognition underscores Impact Advisors’ continued leadership in healthcare consulting and its commitment to delivering innovative, high-quality solutions that improve patient care and operational performance.

About Impact Advisors

Impact Advisors is a leading healthcare management consulting firm offering a comprehensive suite of technology-enabled performance improvement solutions that deliver measurable and sustainable value for clients. Our commitment to excellence has earned Best in KLAS® recognition for 19 consecutive years, and our distinctive culture has been named a “Best Place to Work” by Modern Healthcare for 16 years. Learn more at www.impact-advisors.com.

Media Contact

Catherine Povalitis, Impact Advisors, 1 815-282-9976, cpovalitis@chartwellagency.com, https://www.impact-advisors.com/

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SOURCE Impact Advisors

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Hewlett Foundation President: Philanthropy Must Bridge AI Governance Gap Between Washington and Silicon Valley

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Amber D. Miller makes the case for philanthropy and civil society to protect critical infrastructure and deliver broad benefits.

SAN FRANCISCO, April 22, 2026 /PRNewswire/ — As conversations between Washington and Silicon Valley about AI policy grow more contentious, Hewlett Foundation President Amber D. Miller calls on philanthropy to step up. In a new op-ed published by RealClearPolicy, Miller argues that governments and industry can’t close America’s AI governance gap alone, but independent institutions and philanthropy can help bridge the divide.

Drawing on her background as a physicist, Miller advocates for a practical, non-ideological approach to AI governance focused on protecting critical infrastructure, preventing strategic technological surprise, and keeping people safe while fostering innovation.

“Much of America’s critical infrastructure is highly distributed and deeply vulnerable, and its protection is dangerously under-resourced. The Hewlett Foundation wants to maximize the public benefits of emerging technologies while proactively mitigating their risks.”

To address these challenges, the Hewlett Foundation recently announced $10 million in exploratory grants to support the security of emerging technologies, including AI, biotechnology, and quantum computing.

Major grants were awarded to Stanford University’s Hoover Institution for its Tech Futures Lab, which focuses on anticipating technological surprises and enhancing U.S. resilience and Vanderbilt University’s Institute for National Security for its Wicked Problems Lab, which is building defenses against synthetic information warfare like deepfakes.

Former Secretary of State Condoleezza Rice, the director of the Hoover Institution, highlighted the importance of integrating security into innovation: “Innovation is key to national security…. Innovators will have more valuable, more marketable products if they build security into it at the front end.”

Other grantees include, the AI Now Institute, Aspen Institute, Atlantic Council, Carnegie Endowment for International Peace, Council on Foreign Relations, Georgetown University, Global Network Initiative, Institute for Security and Technology, Observer Research Foundation America, RAND, and Sentinel Bio.

Miller calls on others to join Hewlett, writing, “America has led every major technological era of the modern age, helping usher in significant discoveries that have benefited communities both here and around the world. Whether it continues to lead will depend not only on breakthroughs in labs, but on whether innovation earns public trust and delivers broad benefits. Philanthropy, with its long-term focus and commitment to charitable good, can do much to help.”

For more, read the op-ed and grant announcement: https://hewlett.org/americas-ai-governance-gap-needs-independent-oversight/ 

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SOURCE The Hewlett Foundation

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Hyperscale Data Sees Rising Demand Across Defense Portfolio Amid Heightened Global Activity

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LAS VEGAS, April 22, 2026 /PRNewswire/ — Hyperscale Data, Inc. (NYSE American: GPUS), an artificial intelligence (“AI”) data center company anchored by Bitcoin (“Hyperscale Data” or the “Company”), today announced that its wholly-owned subsidiary Gresham Worldwide, Inc., which is expected to be merged with another wholly owned subsidiary of the Company called Ballista Group, Inc., and the related party TurnOnGreen, Inc. (the “Defense Systems Group”), are actively supporting the expected increase in global defense production through its integrated portfolio of high-performance defense engineering and manufacturing subsidiaries.

The Defense Systems Group operates as an integrated engineering and manufacturing platform serving defense, aerospace, and industrial markets, delivering mission-critical electronics, radio frequency (“RF”) systems, power platforms, and advanced control technologies across the full lifecycle, from design through long-term sustainment. 

Recent global events, including but not limited to the ongoing conflicts in the Middle East and Ukraine, have contributed to increased demand signals across defense and mission-critical infrastructure supply chains. Management of the Defense Systems Group has observed a measurable uptick in inbound inquiries, program discussions and order flow across the group’s core product lines, particularly in:

RF and microwave systems supporting radar and electronic warfare;Power systems and ruggedized electronics for defense and mobility platforms; andTest, validation, and simulation technologies for mission-critical environments.

“These are environments where failure is not an option,” said Milton “Todd” Ault III, Executive Chairman of Hyperscale Data. He added that “The Defense Systems Group was assembled to deliver precision-engineered solutions for exactly these mission-critical applications, and we are seeing that demand accelerate in real time.” Further, Mr. Ault stated that “The group’s combination of deep engineering expertise, advanced manufacturing capabilities, and a global operational footprint provides a strong foundation to support long-term growth across defense, aerospace, and other mission-critical technology sectors.

The Defense Systems Group platform supports highly regulated and security-sensitive programs, operating under certifications including ISO, AS9100, and ITAR compliance, and serves customers across defense, aerospace, and critical infrastructure sectors globally. 

“As geopolitical conditions evolve, supply chains for advanced electronics and defense-related technologies are becoming increasingly constrained,” stated William Horne, Chief Executive Officer of Hyperscale Data. “The Defense Systems Group collectively provides a vertically integrated platform supporting advanced defense electronics, power systems, RF and microwave components, and precision-engineered subsystems, positioning the organization to support current and emerging demand across multiple strategic defense programs.”

While the Company continues to monitor global developments, management of the Defense Systems Group believes that sustained demand for mission-critical electronics, ruggedized power systems, and secure infrastructure technologies could present potential opportunities across the Defense Systems Group.

For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data’s public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.

About Hyperscale Data, Inc.

Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data’s other wholly owned subsidiary, Ault Capital Group, Inc. (“ACG”), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.

Hyperscale Data currently expects the divestiture of ACG (the “Divestiture”) to occur in the second quarter of 2027. Upon the occurrence of the Divestiture, the Company would be an owner and operator of data centers to support high-performance computing services, as well as a holder of the digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, equipment rental services, defense/aerospace, industrial, automotive, medical/biopharma and hotel operations. In addition, ACG is actively engaged in private credit and structured finance through a licensed lending subsidiary. Hyperscale Data’s headquarters are located at 11411 Southern Highlands Parkway, Suite 190, Las Vegas, NV 89141.

On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the “Series F Preferred Stock”) to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the “ACG Shares”). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.

Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8-K. All filings are available at www.sec.gov and on the Company’s website at hyperscaledata.com.

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SOURCE Hyperscale Data Inc.

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