To answer this question, you need to understand the concept of Digital Assets Management (DAM).
Digital Assets Management is a system or software used by organizations to store, organize, and manage their digital assets such as images, videos, documents, and other media files. It allows organizations to easily search, retrieve, and distribute their digital assets, ensuring efficient management and utilization of their content.
Media and publishing industries heavily rely on digital assets as they deal with a large volume of content such as images, videos, articles, and other media files. They need to manage and organize these assets effectively to ensure smooth workflows, collaboration, and distribution.
Therefore, the statement "Digital Assets Management is typically used by Media and Publishing industries for managing their critical content" is true. This industry often utilizes DAM systems to streamline their content management processes and ensure the efficient management of their critical content.