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Document Management System Market

Publisher Fortune Business Insights Pvt. Ltd.
Published Oct 01, 2024
Length 180 Pages
SKU # FOB19260709

Description

Document Management System Market



Growth Factors of Document Management System Market

The document management system market size was valued at USD 6.23 billion in 2023, and the market is now projected to grow from USD 7.16 billion in 2024 to USD 24.91 billion by 2032, exhibiting a CAGR of 16.9% during the forecast period of 2024-2032.

The appearance of the COVID-19 pandemic has deteriorated the demand for DMS software and services. The universal IT spending in 2020 was dropped. During the pandemic, end-use establishments implemented digital technologies universally. Consumers have implemented digital platforms such as social media, e-commerce, and knowledge platforms.

The increasing incorporation of technologies, such as cloud computing, AI, real-time tracking systems, and others, is motivating the document management system market growth. Document management solutions permit workforces to access documents and files from anyplace with an internet connection, using any device, such as laptops, smartphones, or tablets. This has augmented workplace effectiveness with the use of innovative software solutions.

Document printing and archiving solutions based on the cloud permit end-users to firmly establish, monitor, and preserve business-critical documents. Key performers in the market are developing cloud-based solutions. Cloud-based document management systems are extremely scalable, letting businesses to modify storage volume and features according to their needs. As the capacity of documents develops or business necessities modification, cloud-based solutions can effortlessly scale up or down without the need for major upfront investment in hardware or infrastructure advancements.

Comprehensive Analysis of Document Management System Market

The market can be segmented in various ways, depending on the focus of analysis such as by component, by deployment and by enterprise type. By component, the market is bifurcated into software and services. By deployment, the market is bifurcated into cloud and on-premise. By enterprise type, the market is bifurcated into large enterprise and Small & Medium Enterprise (SME)

North America region is dominating the document management system market share due to occurrence of prominent performers. These performers invest and develop progressive DMS solutions to meet the rising data demand.

The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include Microsoft Corporation (U.S.), Oracle Corporation (U.S.), Open Text Corporation (Canada), Hyland Software (U.S.), IBM Corporation (U.S.), Xerox Corporation (U.S.), Adobe Inc. (U.S.), Kyocera Document Solutions Inc. (Japan), Konica Minolta, Inc. (Japan), Exela Technologies Inc. (U.S.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In December 2023, iCONECT, a provider of document management solutions, launched a new update in its document management tool. This new update is quicker than the earlier version, and it can be retrieved over iCONECT SaaS and on-premises.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 16.9% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Component

Software

Services

By Deployment

Cloud

On-premise

By Enterprise Type

Small & Medium Enterprise

Large Enterprise

By Industry

BFSI

IT and Telecommunication

Government

Manufacturing

Real Estate

Retail

Healthcare

Others (Education)

By Region

North America (By Component, Deployment, Enterprise Type, Industry, Country)
  • U.S. (By Industry)
  • Canada (By Industry)
  • Mexico (By Industry)
South America (By Component, Deployment, Enterprise Type, Industry, Country)
  • Brazil (By Industry)
  • Argentina (By Industry)
  • Rest of South America
Europe (By Component, Deployment, Enterprise Type, Industry, Country)
  • U.K. (By Industry)
  • Germany (By Industry)
  • France (By Industry)
  • Italy (By Industry)
  • Spain (By Industry)
  • Russia (By Industry)
  • Benelux (By Industry)
  • Nordics (By Industry)
  • Rest of Europe
Middle East & Africa (By Component, Deployment, Enterprise Type, Industry, Country)
  • Turkey (By Industry)
  • Israel (By Industry)
  • GCC (By Industry)
  • South Africa (By Industry)
  • North Africa (By Industry)
  • Rest of Middle East & Africa
Asia Pacific (By Component, Deployment, Enterprise Type, Industry, Country)
  • China (By Industry)
  • Japan (By Industry)
  • India (By Industry)
  • South Korea (By Industry)
  • ASEAN (By Industry)
  • Oceania (By Industry)
  • Rest of Asia Pacific

Table of Contents

180 Pages
1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro & Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global Document Management System Key Players Market Share/Ranking, 2023
5. Global Document Management System Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Component (USD)
5.2.1. Software
5.2.2. Services
5.3. By Deployment (USD)
5.3.1. Cloud
5.3.2. On-premise
5.4. By Enterprise Type (USD)
5.4.1. Small & Medium Enterprise
5.4.2. Large Enterprise
5.5. By Industry (USD)
5.5.1. BFSI
5.5.2. IT and Telecommunication
5.5.3. Government
5.5.4. Manufacturing
5.5.5. Real Estate
5.5.6. Retail
5.5.7. Healthcare
5.5.8. Others (Education, etc.)
5.6. By Region (USD)
5.6.1. North America
5.6.2. South America
5.6.3. Europe
5.6.4. Middle East & Africa
5.6.5. Asia Pacific
6. North America Document Management System Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Component (USD)
6.2.1. Software
6.2.2. Services
6.3. By Deployment (USD)
6.3.1. Cloud
6.3.2. On-premise
6.4. By Enterprise Type (USD)
6.4.1. Small & Medium Enterprise
6.4.2. Large Enterprise
6.5. By Industry (USD)
6.5.1. BFSI
6.5.2. IT and Telecommunication
6.5.3. Government
6.5.4. Manufacturing
6.5.5. Real Estate
6.5.6. Retail
6.5.7. Healthcare
6.5.8. Others (Education, etc.)
6.6. By Country (USD)
6.6.1. United States
6.6.1.1. By Industry
6.6.2. Canada
6.6.2.1. By Industry
6.6.3. Mexico
6.6.3.1. By Industry
7. South America Document Management System Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Component (USD)
7.2.1. Software
7.2.2. Services
7.3. By Deployment (USD)
7.3.1. Cloud
7.3.2. On-premise
7.4. By Enterprise Type (USD)
7.4.1. Small & Medium Enterprise
7.4.2. Large Enterprise
7.5. By Industry (USD)
7.5.1. BFSI
7.5.2. IT and Telecommunication
7.5.3. Government
7.5.4. Manufacturing
7.5.5. Real Estate
7.5.6. Retail
7.5.7. Healthcare
7.5.8. Others (Education, etc.)
7.6. By Country (USD)
7.6.1. Brazil
7.6.1.1. By Industry
7.6.2. Argentina
7.6.2.1. By Industry
7.6.3. Rest of South America
8. Europe Document Management System Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Component (USD)
8.2.1. Software
8.2.2. Services
8.3. By Deployment (USD)
8.3.1. Cloud
8.3.2. On-premise
8.4. By Enterprise Type (USD)
8.4.1. Small & Medium Enterprise
8.4.2. Large Enterprise
8.5. By Industry (USD)
8.5.1. BFSI
8.5.2. IT and Telecommunication
8.5.3. Government
8.5.4. Manufacturing
8.5.5. Real Estate
8.5.6. Retail
8.5.7. Healthcare
8.5.8. Others (Education, etc.)
8.6. By Country (USD)
8.6.1. United Kingdom
8.6.1.1. By Industry
8.6.2. Germany
8.6.2.1. By Industry
8.6.3. France
8.6.3.1. By Industry
8.6.4. Italy
8.6.4.1. By Industry
8.6.5. Spain
8.6.5.1. By Industry
8.6.6. Russia
8.6.6.1. By Industry
8.6.7. Benelux
8.6.7.1. By Industry
8.6.8. Nordics
8.6.8.1. By Industry
8.6.9. Rest of Europe
9. Middle East & Africa Document Management System Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Component (USD)
9.2.1. Software
9.2.2. Services
9.3. By Deployment (USD)
9.3.1. Cloud
9.3.2. On-premise
9.4. By Enterprise Type (USD)
9.4.1. Small & Medium Enterprise
9.4.2. Large Enterprise
9.5. By Industry (USD)
9.5.1. BFSI
9.5.2. IT and Telecommunication
9.5.3. Government
9.5.4. Manufacturing
9.5.5. Real Estate
9.5.6. Retail
9.5.7. Healthcare
9.5.8. Others (Education, etc.)
9.6. By Country (USD)
9.6.1. Turkey
9.6.1.1. By Industry
9.6.2. Israel
9.6.2.1. By Industry
9.6.3. GCC
9.6.3.1. By Industry
9.6.4. North Africa
9.6.4.1. By Industry
9.6.5. South Africa
9.6.5.1. By Industry
9.6.6. Rest of MEA
10. Asia Pacific Document Management System Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Component (USD)
10.2.1. Software
10.2.2. Services
10.3. By Deployment (USD)
10.3.1. Cloud
10.3.2. On-premise
10.4. By Enterprise Type (USD)
10.4.1. Small & Medium Enterprise
10.4.2. Large Enterprise
10.5. By Industry (USD)
10.5.1. BFSI
10.5.2. IT and Telecommunication
10.5.3. Government
10.5.4. Manufacturing
10.5.5. Real Estate
10.5.6. Retail
10.5.7. Healthcare
10.5.8. Others (Education, etc.)
10.6. By Country (USD)
10.6.1. China
10.6.1.1. By Industry
10.6.2. India
10.6.2.1. By Industry
10.6.3. Japan
10.6.3.1. By Industry
10.6.4. South Korea
10.6.4.1. By Industry
10.6.5. ASEAN
10.6.5.1. By Industry
10.6.6. Oceania
10.6.6.1. By Industry
10.6.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Iron Mountain Inc.
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. Microsoft Corporation
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Oracle Corporation
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Open Text Corporation
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. IBM Corporation
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. Xerox Corporation
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. Konica Minolta, Inc.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Adobe Inc.
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Kyocera Document Solutions Inc.
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Exela Technologies Inc.
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments
11.11. Ricoh
11.11.1. Overview
11.11.1.1. Key Management
11.11.1.2. Headquarters
11.11.1.3. Offerings/Business Segments
11.11.2. Key Details (Key details are consolidated data and not product/service specific)
11.11.2.1. Employee Size
11.11.2.2. Past and Current Revenue
11.11.2.3. Geographical Share
11.11.2.4. Business Segment Share
11.11.2.5. Recent Developments
11.12. Hyland Software
11.12.1. Overview
11.12.1.1. Key Management
11.12.1.2. Headquarters
11.12.1.3. Offerings/Business Segments
11.12.2. Key Details (Key details are consolidated data and not product/service specific)
11.12.2.1. Employee Size
11.12.2.2. Past and Current Revenue
11.12.2.3. Geographical Share
11.12.2.4. Business Segment Share
11.12.2.5. Recent Developments

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