Document Management System Market Outlook:
Document Management System Market size was over USD 9.34 billion in 2025 and is poised to exceed USD 37.13 billion by 2035, growing at over 14.8% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of document management system is estimated at USD 10.58 billion.
The global market is experiencing rapid growth, driven by increasing digital transformation initiatives, regulatory compliance requirements, and the shift towards cloud-based solutions. Key trends include the integration of artificial intelligence, and machine learning for automated document processing, natural language processing for intelligent search capabilities, and blockchain technologies for enhanced security and authentication.
Stringent data protection regulations, including GDPR, HIPAA, and Sarbanes-Oxley, which mandate secure document storage and management, is also driving the market. In August 2023, taxpayers were permitted to go paperless for IRS correspondence by the 2024 filing season, intending to contribute towards the IRS’s aim to achieve paperless processing for all tax returns by the 2025 filing season. Such initiatives adopted by the governments worldwide are also boosting the market growth significantly.
