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Document Management System Market Trends

  • Report ID: 5107
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Global Document Management System Market TOC

  1. An Introduction to the Research Study
    1. Preface
    2. Definition of the Market and the Segments
    3. Acronyms and Assumptions to the Research Study
  2. The Research Procedure
    1. Sources of Data
      1. Secondary
      2. Primary
    2. Calculation and Derivation of Market Size
      1. Top-Down Approach
      2. Bottom-up Approach
  3. Recommendation by Analyst for C-Level Executives
  4. An Abstract of the Report
  5. Evaluation of Market Fluctuations and Outlook
    1. Market Growth Drivers
    2. Market Restraint
    3. Market Trends
  6. Fundamental Market Prospects – Market Opportunities
  7. Regulatory & Standards Landscape
  8. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 20 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  9. Economic Outlook: US, Europe, China and Japan
    1. Limitations to US, Europe, China and Japan’s Economic Recovery
    2. Uplifting Policies to Foster the Growth of the Economy
    3. Future-Outlook and Strategic Move for Sustainable Economy
  10. Technological Shift and Implementation Analysis
  11. Industry Value Chain Analysis
    1. Service Providers
    2. End User Outlook
  12. Feature Analysis
  13. Regional Demand Analysis
  14. Application Analysis
  15. Global Document Management System Market 2023-2036
    1. Market Summary
    2. Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Year on Year Growth Forecast (%)
      1.  Global Document Management Systems Market Valuation, Business Viewpoint and Forecast by Offering, 2023-2036
        1. Solution, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        2. Services, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          1. Implementation Services, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          2. Training and Education, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          3. Support and Maintenance, 2023-2036F (USD Current and Future Projections, 2023-2036Million)
      2. Global Document Management Systems Market Valuation, Business Viewpoint and Forecast by Deployment Mode, 2023-2036
        1. On-premises, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        2. Cloud, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        3. Hybrid, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    5. Global Document Management Systems Market Valuation, Business Viewpoint and Forecast by Organization Size, 2023-2036
      1. Small & Medium Enterprises, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
      2. Large Enterprises, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
  16. Global Document Management Systems Market Valuation, Business Viewpoint and Forecast by Application, 2023-2036
    1. BFSI, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    2. Government, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    3. Education, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    4. Healthcare, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    5. Enterprise, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    6. Industrial Manufacturing, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    7. Others, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
  17. Global Document Management Systems Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. North America, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    2. Europe, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    3. Asia-Pacific, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    4. Latin America, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
    5. Middle East & Africa, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
  18. Cross Analysis of Offering w.r.t. Application (USD Million), 2023
  19. North America Document Management System Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies in Document Management Systems Market
    4. Recent Trends in the Market
    5. Year on Year Growth Forecast (%)
      1. North America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Offering, 2023-2036
        1. Solution, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        2. Services, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          1. Implementation Services, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          2. Training and Education, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          3. Support and Maintenance, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
      2. North America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Deployment Mode, 2023-2036
        1. On-premises, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        2. Cloud, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        3. Hybrid, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
      3. North America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Organization Size, 2023-2036
        1. Small & Medium Enterprises, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        2. Large Enterprises, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
      4. North America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Application, 2023-2036
        1. BFSI, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        2. Government, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        3. Education, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        4. Healthcare, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        5. Enterprise, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        6. Industrial Manufacturing, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        7. Others, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
      5. North America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Country, 2023-2036
        1. US, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        2. Canada, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
  20. Europe Document Management System Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies in Document Management Systems Market
    4. Recent Trends in the Market
    5. Year on Year Growth Forecast (%)
      1. Europe Document Management Systems Market Valuation, Business Viewpoint and Forecast by Offering, 2023-2036
      2. Europe Document Management Systems Market Valuation, Business Viewpoint and Forecast by Deployment Mode, 2023-2036
      3. Europe Document Management Systems Market Valuation, Business Viewpoint and Forecast by Organization Size, 2023-2036
      4. Europe Document Management Systems Market Valuation, Business Viewpoint and Forecast by Application, 2023-2036
        1. Europe Document Management Systems Market Valuation, Business Viewpoint and Forecast by Country, 2023-2036
        2. UK, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        3. Germany, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        4. France, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        5. Italy, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        6. Spain, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        7. Russia, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        8. Poland, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        9. Rest of Europe, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
  21. Asia-Pacific Document Management System Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies in Document Management Systems Market
    4. Recent Trends in the Market
    5. Year on Year Growth Forecast (%)
      1. Asia Pacific Excluding Japan (APEJ) Document Management Systems Market Valuation, Business Viewpoint and Forecast by Offering, 2023-2036
      2. Asia Pacific Excluding Japan (APEJ) Document Management Systems Market Valuation, Business Viewpoint and Forecast by Deployment Mode, 2023-2036
      3. Asia Pacific Excluding Japan (APEJ) Document Management Systems Market Valuation, Business Viewpoint and Forecast by Organization Size, 2023-2036
      4. Asia Pacific Excluding Japan (APEJ) Document Management Systems Market Valuation, Business Viewpoint and Forecast by Application, 2023-2036
        1. Asia Pacific Excluding Japan (APEJ) Document Management Systems Market Valuation, Business Viewpoint and Forecast by Country, 2023-2036
        2. China, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        3. India, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        4. Japan, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        5. South Korea, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        6. Singapore, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        7. Australia, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        8. Rest of Asia Pacific, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
  22. Latin America Document Management System Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies in Document Management Systems Market
    4. Recent Trends in the Market
    5. Year on Year Growth Forecast (%)
      1. Latin America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Offering, 2023-2036
      2. Latin America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Deployment Mode, 2023-2036
      3. Latin America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Organization Size, 2023-2036
      4. Latin America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Application, 2023-2036
        1. Latin America Document Management Systems Market Valuation, Business Viewpoint and Forecast by Country, 2023-2036
        2. Brazil, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        3. Mexico, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        4. Argentina, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
        5. Rest of Latin America, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
  23. Japan Document Management System Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies in Document Management Systems Market
    4. Recent Trends in the Market
    5. Year on Year Growth Forecast (%)
      1. Japan Document Management Systems Market Valuation, Business Viewpoint and Forecast by Offering, 2023-2036
        1. Solution, Market Value (USD Million) Current and Future Projections, 2023-2036
        2. Services, Market Value (USD Million) Current and Future Projections, 2023-2036
          1. Implementation Services, Market Value (USD Million) Current and Future Projections, 2023-2036
          2. Training and Education, Market Value (USD Million) Current and Future Projections, 2023-2036
          3. Support and Maintenance, Market Value (USD Million) Current and Future Projections, 2023-2036
      2. Japan Document Management Systems Market Valuation, Business Viewpoint and Forecast by Deployment Mode, 2023-2036
        1. On-premises, Market Value (USD Million) Current and Future Projections, 2023-2036
        2. Cloud, Market Value (USD Million) Current and Future Projections, 2023-2036
        3. Hybrid, Market Value (USD Million) Current and Future Projections, 2023-2036
      3. Japan Document Management Systems Market Valuation, Business Viewpoint and Forecast by Organization Size, 2023-2036
        1. Small and Medium Sized Enterprises, Market Value (USD Million) Current and Future Projections, 2023-2036
        2. Large Enterprises, Market Value (USD Million) Current and Future Projections, 2023-2036
      4. Japan Document Management Systems Market Valuation, Business Viewpoint and Forecast by Application, 2023-2036
        1. BFSI, Market Value (USD Million) Current and Future Projections, 2023-2036
        2. Government, Market Value (USD Million) Current and Future Projections, 2023-2036
        3. Education, Market Value (USD Million) Current and Future Projections, 2023-2036
        4. Healthcare, Market Value (USD Million) Current and Future Projections, 2023-2036
        5. Enterprise, Market Value (USD Million) Current and Future Projections, 2023-2036
        6. Industrial Manufacturing, Market Value (USD Million) Current and Future Projections, 2023-2036
        7. Others, Market Value (USD Million) Current and Future Projections, 2023-2036
  24. Middle East & Africa (MEA) Document Management System Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1.  Outline of the Segment
    2. Detailed Overview
    3. Leading Companies in Document Management Systems Market
    4. Recent Trends in the Market
    5. Year on Year Growth Forecast (%)
      1. MEA Document Management Systems Market Valuation, Business Viewpoint and Forecast by Offering, 2023-2036
      2. MEA Document Management Systems Market Valuation, Business Viewpoint and Forecast by Deployment Mode, 2023-2036
      3. MEA Document Management Systems Market Valuation, Business Viewpoint and Forecast by Organization Size, 2023-2036
      4. MEA Document Management Systems Market Valuation, Business Viewpoint and Forecast by Application, 2023-2036
        1. MEA Document Management Systems Market Valuation, Business Viewpoint and Forecast by Country, 2023-2036
          1. Israel, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          2. GCC, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          3. South Africa, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
          4. Rest of Middle East & Africa, 2023-2036F (USD Million) Current and Future Projections, 2023-2036
  25. Competitive Landscape
    1. Market Share of Key Competitors in the Market (%), 2023
    2. Benchmarking of the Competitors
    3. Profile of the Major Vendors
      1. IBM Corporation
      2. Microsoft
      3. Oracle Corporation
      4. Open Text Corporation
      5. Xerox Corporation
      6. Cannon
      7. Hyland Software, Inc.
      8. Ricoh USA, Inc.
      9. M-Files
      10. eFileCabinet, Inc.
      11. FUJITSU
      12. Mitsubishi Logistics Corporation
      13. BE ONE SOLUTION
      14. FUJIFILM Business Innovation Co., Ltd.

Document Management System Market Trends

Growth Drivers

  • Growing Need to Improve Business Operations in Enterprises – Various organizations are incorporating document management procedures to acquire insight and control over documents and data entering and exiting the firms. Organizations want to ensure that all employees have access to the most recent and up-to-date versions of the document management system, which would allow users to work with little hassle or back-and-forth emailing, regardless of whether they are working remotely or in the office.
  • Increasing Adoption of Big Data Management and Analytics – The quantity of data in the world is expanding at a rapid rate. 64.2 zettabytes of data were produced in 2020, which is 314 times higher than in 2015. A big part of this output is "data emission," which is passively gathered information from daily interactions with digital services or products like mobile phones, credit cards, and social networks. The rising implementation of big data management and tools for data management and analysis increases the document management system market's growth.
  • Growing Cloud Computing and Software-As-A-Service Implementation– For cloud computing and software implementation in document management systems, firms are adopting various strategies. For Instance, in 2021, as part of the Cloud Editions (CE) 21.4 launch at OpenText World, Open Text Corporation unveiled the most detailed update to the OpenText Content Cloud to date. OpenText Core Content is a comprehensive SaaS content services platform. The platform is further expected to have profound integrations with Salesforce and Microsoft 365. This is the highlight of the release. The OpenText Content Cloud attaches enterprise-wide data to the individuals and systems that require it.

Challenges

  • Integration of Document Management Systems with Internal Applications Incurs High Costs- The average prices of the most popular document management systems can vary significantly based on the number of consumers, the features required, the installation fees, and the system's type (cloud-based, on-premises, or hybrid). In addition to the price of the software itself, the costs of system upkeep and installation must also be considered. Even though the preliminary cost of the software may be low, there are frequently additional costs to consider. Numerous of these price barriers contribute to the market's slowing expansion.
  • Growing Data Privacy Concerns Associated with Document Management Systems
  • Issues Related to the Technology

Document Management System Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

14.9%

Base Year Market Size (2023)

USD 8.2 Billion

Forecast Year Market Size (2036)

USD 49.89 Billion

Regional Scope
  • North America (US and Canada)
  • Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Rest of Asia-Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Rest of Europe)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • Middle East & Africa (Israel, GCC, South Africa, Rest of Middle East & Africa)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Abhishek Verma


  • Report ID: 5107
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of document management system is evaluated at USD 9.26 Billion.

The document management system market size was over USD 8.2 Billion in 2023 and is poised to cross USD 49.89 Billion by 2036, witnessing more than 14.9% CAGR during the forecast period i.e., between 2024-2036. Growing need to improve business operations in enterprises and the increasing adoption of big data management & analytics are the major factors driving the market growth.

North America industry is projected to hold largest revenue share of 34% by 2036, owing to rising adoption of cloud-hosted document management systems in the region.

IBM Corporation, Microsoft, Oracle Corporation, Open Text Corporation, Xerox Corporation, Cannon, Hyland Software, Inc., Ricoh USA, Inc., M-Files, eFileCabinet, Inc., FUJITSU, Mitsubishi Logistics Corporation, BE ONE SOLUTION, FUJIFILM Business Innovation Co., Ltd
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