Document Management Systems Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Offering (Solutions, Services); Deployment Type (Cloud, On-Premise); Enterprise Size (SMEs, Large Enterprises); Application (BFSI, Government, Education, Healthcare, Manufacturing, Retail, Other) and Geography
Report Code: TIPRE00011701
| No. of Pages: 150
| Category: Technology, Media and Telecommunications
| Status: Upcoming
A document management system is a term used to describe a system that encompasses capabilities such as the management, storage as well as tracking of documents. This system uses the services of a computer system in order to keep track of documents and paper-based information in order for individuals or companies to be able to not only access but also retrieve information about the documents (such as the versions of the document created or the time it was last edited).
The "Global Document Management Systems Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the document management systems market with detailed market segmentation by offering, deployment type, enterprise size, application, and geography. The report provides key statistics on the market status of the leading document management systems market players and offers key trends and opportunities in the market. MARKET SEGMENTATION
Based on offering, the global document management systems market is segmented into solutions, services
On the basis of deployment type, the market is segmented into cloud, on-premise
Based on enterprise size, the market is bifurcated into SMEs, large enterprises
Based on application, the market is bifurcated into BFSI, government, education, healthcare, manufacturing, retail, other
MARKET DYNAMICS Drivers:
Increasing Need to Streamline Business Operations.
Benefits of Digitalizing Content Across Enterprises.
Increasing Need to Adhere to Compliance Requirements.
Increasing Adoption of Cloud-Based Services and Cloud Computing.
High Implementation Costs
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The document management systems market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the document management systems market in these regions.
IMPACT OF COVID-19 ON DOCUMENT MANAGEMENT SYSTEMS MARKET COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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The report covers key developments in the document management systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from document management systems market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the document management systems market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Newgen Software Technologies Limited
The Ricoh Company, Ltd.
Xerox Holdings Corporation
The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.