<p>Naperville, IL -- (SBWIRE) -- 03/20/2013 -- Analysts forecast the Global Cloud-based Enterprise Content Management market to grow at a CAGR of 24.3 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need for reduced total cost of ownership. The Global Cloud-based Enterprise Content Management market has also been witnessing an emerging hybrid approach to cloud solutions. However, concern over data security could pose a challenge to the growth of this market.</p><p>Global Cloud-based Enterprise Content Management Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it covers the Global Cloud-based Enterprise Content Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.</p><p>The key vendors dominating this market space are EMC Corp., OpenText Corp., Oracle Corp., and SpringCM Inc.</p><p>The other vendors mentioned in the report are Microsoft Corp., Alfresco Software Inc., IBM Corp., and KnowledgeTree Inc.</p><p><a href="http://www.sbwire.com/press-releases/global-cloud-based-enterprise-content-management-market-2012-2016-new-report-225324.htm">Keep reading...</a></p>