Document Management Services Market 2020 Global Leading Players Future Analysis | Trends, Industry Updates and Forecast 2026

Cristopher Centers

The MarketWatch News Department was not involved in the creation of this content. Sep 23, 2020 (The Expresswire) — The global document management services market is likely to reach USD 57.56 billion by 2027 owing to rapid adoption of cloud-based technologies. Besides, the market will register a CAGR of 6.9% […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 23, 2020 (The Expresswire) —
The global document management services market is likely to reach USD 57.56 billion by 2027 owing to rapid adoption of cloud-based technologies. Besides, the market will register a CAGR of 6.9% between 2020 and 2027 according to Fortune Business Insights, latest report, titledDocument Management Services Market Size, Share and COVID-19 IMPACT Analysis, By Services (Archiving and Storage, Imaging and Scanning, Printing, Mailroom Services and Others), By End-user (Medical, Financial, Government, Audit and Consulting, Corporate, Telecommunication, and Insurance and Re-insurance) and Regional Forecast, 2020-2027”.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

For More Information Get sample copy at -https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/102848

List of Key Players for document management services market

  • Xerox Corporation

  • Oracle Corporation

  • Access

  • Docu-Depot

  • Prime Document Ltd

  • Ricoh Company, Ltd.

  • Konica Minolta, Inc.

  • KYOCERA Document Solutions Inc.

  • Invensis Technologies Pvt Ltd

  • Iron Mountain Incorporated

  • Alfresco Software, Inc.

  • Sumasoft

  • Exela Technologies Inc.

  • Lexmark International, Inc.

Drivers and Restraints:

Adoption of Technology Such as Cloud-Based amid COVIID-19 to Spur Demand

Technological advancement has led to emergence of efficient and reliable services such as cloud-based management. Additionally, cloud-based applications provide a seamless user experience and provides high-level flexibility to manage work for the organizations across the globe. The global pandemic, COVID-19 has gripped the whole world with widespread effects over several economies. Several governments around the world have called for lockdown to contain the disease and majority of people are working remotely. This has surged the demand for cloud-based services manifold in this testing times. Major companies are adopting the services that are robust and reliable to keep continuing the operational activities of their businesses. For instance, in May 2020, King and Wood Mallesons, a global international law firm, announced its adoption of iManage Cloud for its offices in Europe, Middle East, and United States. Darren Brown, IT Head of the company, said on the sidelines of the development, “Our firm is a strong believer of the future belonging to cloud, and are impressed with iManage cloud’s tremendous impact on our productivity, significant reduction in operational overheads, and its ability to access remotely.”

Ask for customization at -https://www.fortunebusinessinsights.com/enquiry/customization/102848

Major Segments for document management services market

By Services

  • Archiving and storage

  • Imaging and scanning

  • Printing

  • Mailroom services

  • Others (Indexing, Digitization etc.)

By End-user

  • Medical

  • Financial

  • Government

  • Audit and Consulting

  • Corporate

  • Telecommunication

  • Insurance and Re-insurance

By Region

  • North America (the U.S., and Canada)

  • Europe (the U.K., Germany, France, Italy, Spain, Rest of Europe)

  • Asia Pacific (China, Japan, India, Southeast Asia, and the Rest of Asia Pacific)

  • The Middle East and Africa (South Africa, GCC, and the Rest of the Middle East and Africa)

  • Latin America (Brazil, Mexico, and the Rest of Latin America)

What does the Report Include?

The Document management services market report includes an exhaustive study of several factors such as drivers, restraints, challenges, and opportunities that will affect the growth of the market in the forthcoming years. The report covers regional demographics that include qualitative and quantitative information about the regions that are further divided into nations that are contributing to the growth of the market between 2019 and 2026. Furthermore, the competitive landscape has been discussed in-depth that include information of several players operating in the market. Moreover, information on the adoption of strategies such as merger and acquisition, collaboration, partnerships, and joint ventures by the companies that will drive the growth of the market has been included during the projected horizon.

Have Queries? Speak to Our Analyst at -https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/102848

Table of Contents Document Management Services Market:

  1. Europe Document Management Services Market Analysis, Insights and Forecast, 2016-2027

7.1 Key Findings / Summary

7.2 Market Sizing Estimations and Forecasts By Services

  • Archiving and Storage

  • Imaging and Scanning

  • Printing

  • Mailroom Services

  • Others (Indexing, Metadata etc.)

7.3 Market Size Estimates and Forecasts By End-user

  • Medical

  • Financial

  • Government

  • Audit and Consulting

  • Corporate

  • Telecommunication

  • Insurance and Re-insurance

7.4 Market Analysis, Insights and Forecast By Country

  • The U.K.

  • Germany

  • Italy

  • France

  • Spain

  • Rest of Europe

  1. Asia-Pacific Document Management Services Market Analysis, Insights and Forecast, 2016-2027

8.1 Key Findings / Summary

8.2 Market Sizing Estimations and Forecasts By Services

  • Archiving and Storage

  • Imaging and Scanning

  • Printing

  • Mailroom Services

  • Others (Indexing, Metadata etc.)

8.3 Market Size Estimates and Forecasts By End-user

  • Medical

  • Financial

  • Government

  • Audit and Consulting

  • Corporate

  • Telecommunication

  • Insurance and Re-insurance

8.4 Market Analysis, Insights and Forecast By Country

  • China

  • Japan

  • India

  • Southeast Asia

  • Rest of APAC

  1. Middle East and Africa Document Management Services Market Analysis, Insights and Forecast, 2016-2027

9.1 Key Findings / Summary

9.2 Market Sizing Estimations and Forecasts By Services

  • Archiving and Storage

  • Imaging and Scanning

  • Printing

  • Mailroom Services

  • Others (Indexing, Metadata etc.)

9.3 Document Management Services Market Size Estimates and Forecasts By End-user

  • Medical

  • Financial

  • Government

  • Audit and Consulting

  • Corporate

  • Telecommunication

  • Insurance and Re-insurance

9.4 Market Analysis, Insights and Forecast By Country

  • GCC

  • South Africa

  • Rest Of MEA

TOC Continued…!

Competitive Landscape:

Merger and Acquisition by the Companies to Stoke Demand

According to the report, there are several companies operating in the market striving to gain major Document Management Services Market share and outshine their rivals in the competitive marketplace. They are doing so by adopting strategies such as merger and acquisition, collaboration, and joint ventures, among others and maintain market stronghold in the forthcoming years. For instance, in April 2018, Exela Technologies Inc., a U.S.-based automation provider, announced its acquisition of the German-based document management company, Asterion International Group. This acquisition is expected to expand the company’s operation and product offering across Europe. Furthermore, it will enable access to Asterion’s consumers to Exela’s document management solutions.

Regional Analysis:

Presence of Major Companies in North America to Bolster Growth

Geographically, the market comprises of several regions affecting the market growth during the forecast period. They are:

North America:The region held the largest share at USD 13.76 Billion in 2019 and is expected to dominate the market during the projected horizon. This is ascribable to factors such as presence of major companies such as Oracle Corporation and Access. Furthermore, rising adoption of the services by the end-user industries such as healthcare and BFSI is expected to propel North America to hold highest document management services market revenue between 2020 and 2027.

Purchase Full Report at -https://www.fortunebusinessinsights.com/checkout-page/102848

Key Research Objectives

  • Market size and growth rate by various segments at global and regional level for the 2015-2026 period, with 2015-2017 as historical data, 2018 as base year and 2019-2026 as forecast period

  • Overalldocument management services market size and growth rate for key countries for the 2015-2026 period

  • Market dynamics – Market drivers, restraints, trends and opportunities

  • Technological and market developments shaping the market

  • Competitive analysis

  • Profiles of key companies operating in thedocument management services market

  • Key insights

Other Exclusive Reports:

SWIR camera market analysis was USD 178.9 million in 2019 and is projected to reach USD 419.0 million by 2027.

Linux operating system market analysis was USD 3.89 billion in 2019 and is projected to reach USD 15.64 billion by 2027.

Thermal camera market analysis was USD 1,888.5 million in 2019 and is projected to reach USD 3,642.8 million by 2027.

Email marketing software market analysis was USD 1,025.7 million in 2019 and is projected to reach USD 2,275.5 million by 2027.

Risk analytics market analysis was USD 22.18 billion in 2019 and is projected to reach USD 54.95 billion by 2027.

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

Contact:

Name: Ashwin Arora

Email:[email protected]

Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Document Management Services Market 2020 Global Leading Players Future Analysis | Trends, Industry Updates and Forecast 2026

COMTEX_371737059/2598/2020-09-23T04:43:10

Is there a problem with this press release? Contact the source provider Comtex at [email protected] You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.

Source Article

Next Post

Electronic Arts (EA) Stock Moves -1.98%: What You Should Know

In the latest trading session, Electronic Arts (EA) closed at $128.42, marking a -1.98% move from the previous day. This change was narrower than the S&P 500’s daily loss of 2.37%. Meanwhile, the Dow lost 1.92%, and the Nasdaq, a tech-heavy index, lost 3.02%. Coming into today, shares of the […]