Global Output Management Software Market 2017-2021
About Output Management Software
Output management software is a middleware. It is used for automating production, management, and distribution of output information and data obtained from enterprise/desktop application to any physical output media. The output from applications, such as enterprise resource planning (ERP) and customer relationship management (CRM) can be forwarded to a printer, a fax machine, a web-based document, or any other desired destination. Output management software helps to integrate workflow management systems and accelerate IT administrative tasks.
Technavio’s analysts forecast the global output management software market to grow at a CAGR of 2.56% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global output management software market for 2017-2021. To calculate the market size, the report considers the revenue generated from output management software and services.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Output Management Software Market 2017-2021
Technavio recognizes the following companies as the key players in the global output management software market: HP, KYOCERA, Lexmark, LRS, Pitney Bowes, Ricoh, and Rochester Software Associates.
Other Prominent Vendors in the market are: Barr Systems, DocuMatrix, Formate, Fuji Xerox, Neopost, Nuance, OpenText, Plus Technologies, and Unisys.
Commenting on the report, an analyst from Technavio’s team said: “One of the major trends in the global output management software market is the outsourcing of services to Asian countries. Companies prefer to outsource output management activities, including the printing process and document management, to Asia. This helps the firms to focus more on core activities of the company, such as R&D and product development, rather than spending time and resource on print-related activities.”
According to the report, one of the major drivers for this market is increased use in healthcare industry. The healthcare industry is one of the major end-users of output management software. Modern-day EMR systems consist of high amount of medical data. Output management software companies, such as LRS, have established partnerships with EMR software providers. This has helped hospitals to provide medical documents to the patients and relatives easily.
Further, the report states that one of the major factors hindering the growth of this market is software compatibility and interoperability. Interoperability between devices and software is a serious issue faced by IT department during the implementation of output management software. Increased level of fragmentation among device manufacturers and software developers has made the interoperability of a software a major challenge in the output management software market. When it comes to an output management software, compatibility is checked for the platform (Windows, Linux, and Mac), language (the software is used worlwide), and support for all database engines.
HP, KYOCERA, Lexmark, LRS, Pitney Bowes, Ricoh, Rochester Software Associates, Barr Systems, DocuMatrix, Formate, Fuji Xerox, Neopost, Nuance, OpenText, Plus Technologies, and Unisys.
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