Global Document Management Market Insights 2024, Analysis and Forecast to 2031, by Solution Type, Deployment Mode, Organization Size, End Use, Component, Functionality, Players.
- Published Date : 1970-01-01
- Pages : 100
- Report Id : 69313
- Categories : Services
This report describes the global market size of Document Management from 2019 to 2022 and its CAGR from 2019 to 2023, and also forecasts its market size to the end of 2031 and its expected to grow with a CAGR of 15.9% from 2024 to 2031.
Due to the COVID-19 pandemic, the global market for Document Management estimated at US 7.1$ billion in the year 2023, is projected to reach a revised size of US 34.2$ million by 2031, growing at a CAGR of 15.9% during the forecast period 2024-2031.
Document Management refers to the use of virtual reality technology to alleviate pain and aid in the rehabilitation process. By immersing patients in virtual environments and providing interactive experiences, VR therapy can distract from pain sensations, facilitate physical and cognitive exercises, and promote healing and recovery in various medical conditions and injuries.
For geography segment, regional supply, demand, major players, price is presented from 2019 to 2031. This report cover following regions:
North America
Asia-Pacific
Europe
Middle East and Africa
South America
The key countries for each regions are also included such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.
For competitor segment, the report include global key players of Document Management as well as some small players. The information for each competitor include:
Company Profile
Main Business Information
SWOT Analysis
Sales Volume, Revenue, Price and Gross Margin
Market Share
Solution Type-
Document Management Systems (DMS)
Document Imaging
Document Version Control
Document Workflow Automation
Electronic Document and Records Management Systems (EDRMS)
In 2023,Document Management Systems (DMS) encompass software solutions that enable organizations to efficiently store, organize, and retrieve electronic documents.
Document Imaging involves converting physical documents into digital formats for easier management and access. Document Version Control ensures that users access the
most current versions of documents while tracking changes and maintaining revision histories. Document Workflow Automation automates document-centric processes such
as approval routing and notifications, enhancing operational efficiency. Electronic Document and Records Management Systems (EDRMS) integrate document management with
records management, ensuring compliance with regulatory requirements for document retention, archiving, and disposal while providing secure storage and retrieval capabilities for both active documents and records. Together, these segments of document management solutions streamline operations, improve document accessibility, and facilitate compliance with organizational and regulatory standards.
Deployment Mode-
On-Premises
Cloud-Based
Hybrid
In 2023, Deployment modes for document management vary widely to accommodate different organizational needs. On-premises deployment involves hosting the locally within an organization's infrastructure, providing full control over data and security but requiring significant IT resources for maintenance. Cloud-based deployment utilizes remote servers managed by a third-party provider, offering scalability, accessibility from anywhere, and reduced upfront costs, but potentially raising concerns about data sovereignty and dependency on external services. Hybrid deployment combines both approaches, allowing organizations to leverage the benefits of both on-premises and cloud solutions, offering flexibility in data storage and processing depending on specific operational requirements.
Organization Size-
Small and Medium-sized Enterprises (SMEs)
Large Enterprises
Document management market cater differently to organization sizes. Small and Medium-sized Enterprises (SMEs) often prefer that are cost-effective, easy to implement, and scalable according to their growing needs. They typically look for cloud-based that offer flexibility, minimal upfront investment, and accessibility from various locations to enhance collaboration and efficiency. Large enterprises, on the other hand, often require robust document management systems that can handle vast amounts of data securely, integrate with existing IT infrastructures, and comply with stringent regulatory requirements. They may opt for either on-premises or hybrid solutions to maintain control over sensitive information while leveraging cloud capabilities for scalability and remote access.
End Use-
Government
Healthcare
Legal
Banking, Financial Services, and Insurance (BFSI)
Education
Retail
Manufacturing
IT and Telecommunications
Real Estate
Others
Document management solutions are tailored to meet specific needs across various industries. In government sectors, solutions focus on regulatory compliance, transparency, and efficient information dissemination among departments. Healthcare relies on secure document handling to adhere to patient confidentiality laws while streamlining administrative processes. Legal firms require systems that manage vast amounts of case files securely and facilitate collaboration among legal teams. Banking, Financial Services, and Insurance (BFSI) sectors prioritize data security, compliance with financial regulations, and efficient handling of client documentation. Education sectors utilize document management for organizing student records, academic resources, and administrative tasks. Retail and manufacturing sectors benefit from systems that streamline supply chain documentation and inventory management. IT and telecommunications sectors leverage document management for project documentation, version control, and collaborative work environments. Real estate sectors use document management for property records, contracts, and client communications. Other industries tailor solutions to meet specific operational needs, ensuring efficient information flow and compliance with industry standards.
Component-
Software
Stand-alone Software
Integrated Software
Services
Implementation Services
Support and Maintenance Services
Training and Education Services
Document management market consist of essential components that cater to different organizational needs. Software offerings include stand-alone applications,
which operate independently and are suitable for smaller-scale implementations requiring basic document handling capabilities. Integrated software, on the other hand,
seamlessly integrates with existing systems like ERP or CRM platforms, enhancing workflow efficiency by centralizing document management within broader business
operations. Services associated with these solutions include implementation services, ensuring smooth deployment and customization according to organizational
requirements; support and maintenance services, providing ongoing technical assistance and updates to optimize system performance and reliability; and training and
education services, equipping users with the necessary skills to maximize productivity and effectively utilize the document management solution's features.
Functionality-
Document Capture and Imaging
Document Storage and Archival
Document Retrieval
Document Sharing and Collaboration
Security and Access Control
Compliance Management
Document management market encompass a range of functionalities crucial for efficient information handling. Document capture and imaging capabilities facilitate the digitization of physical documents, enabling easy storage and retrieval. Document storage and archival features ensure organized and secure long-term storage, optimizing space and retrieval times. Document retrieval functionalities allow users to quickly access stored information based on metadata or content search, enhancing operational efficiency. Document sharing and collaboration tools facilitate seamless team collaboration, enabling real-time editing and version control across distributed teams. Security and access control mechanisms ensure data integrity and confidentiality, preventing unauthorized access and compliance breaches. Compliance management features help organizations adhere to regulatory requirements by automating document retention policies and audit trails, ensuring legal and industry-specific compliance standards are met efficiently.
Players-
Microsoft Corporation
IBM Corporation
OpenText Corporation
Oracle Corporation
Hyland Software, Inc.
Xerox Corporation
M-Files Inc.
Canon Inc.
DocuWare GmbH
Ricoh Company, Ltd.
Please ask for sample pages for full companies list
Base Year: 2023
Historical Data: from 2019 to 2023
Forecast Data: from 2024 to 2031
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"TABLE OF CONTENTS
Market Taxonomy
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis and Recommendations
1.3. RA Analysis and Recommendations
2. Market Introduction
2.1. Market Definition
3. Market Background
3.1. Parent/Associated Market Overview
3.1.1. Document Management Market Outlook
3.1.2. Document Management Market Overview
3.2. Effect of Covid-19 Impact
3.3. Macro-Economic Overview
3.3.1. GDP Growth
3.3.2. Retail Industry Growth
3.4. Pricing Analysis
3.5. Challenges related to adoption of Document Management
3.6. Regulations of Document Management Market
3.7. Forecast Factors: Relevance and Impact
3.8. Market Dynamics
3.8.1. Drivers
3.8.2. Restraints
3.8.3. Opportunity
3.8.4. Trends
3.8.5. SWOT Analysis
4. Market Forecast
4.1. Market Value Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute Opportunity Analysis
5. Global Document Management Value Chain Analysis
5.1. Document Management Value Chain
5.1.1. List of Raw Deployment Mode Suppliers
5.1.2. List of Document Management Manufacturer
5.1.3. List of Segment
6. Global Document Management Market Analysis By Solution Type
6.1. Introduction
6.1.1. Market Value Share Analysis By Solution Type
6.1.2. Y-o-Y Growth Analysis By Solution Type
6.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Solution Type
6.3. Market Attractiveness Analysis By Solution Type
7. Global Document Management Market Analysis By Deployment Mode
7.1. Introduction
7.1.1. Market Value Share Analysis By Deployment Mode
7.1.2. Y-o-Y Growth Analysis By Deployment Mode
7.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Deployment Mode
7.3. Market Attractiveness Analysis By Deployment Mode
8. Market Structure Analysis
8.1. Market Analysis by Tier of Companies
8.1.1. By Large, Medium, and Small
8.2. Market Concentration
8.2.1. By Top 5 and by Top 10
8.3. Type ion Capacity Share Analysis
8.3.1. By Large, Medium, and Small
8.3.2. By Top 5 and Top 10
8.4. Technology Roadmap
9. Competition Analysis
9.1. Competition Dashboard
9.2. Company Profiles (15 Companies)
9.2.1. Microsoft Corporation
9.2.1.1. Overview
9.2.1.2. Type Portfolio
9.2.1.3. Financial Overview
9.2.2. IBM Corporation
9.2.2.1. Overview
9.2.2.2. Type Portfolio
9.2.2.3. Financial Overview
9.2.3. OpenText Corporation
9.2.3.1. Overview
9.2.3.2. Type Portfolio
9.2.3.3. Financial Overview
9.2.4. Oracle Corporation
9.2.4.1. Overview
9.2.4.2. Type Portfolio
9.2.4.3. Financial Overview
9.2.5. Hyland Software, Inc.
9.2.5.1. Overview
9.2.5.2. Type Portfolio
9.2.5.3. Financial Overview
9.2.6. Xerox Corporation
9.2.6.1. Overview
9.2.6.2. Type Portfolio
9.2.6.3. Financial Overview
9.2.7. M-Files Inc.
9.2.7.1. Overview
9.2.7.2. Type Portfolio
9.2.7.3. Financial Overview
9.2.8. Canon Inc.
9.2.8.1. Overview
9.2.8.2. Type Portfolio
9.2.8.3. Financial Overview
9.2.9. DocuWare GmbH
9.2.9.1. Overview
9.2.9.2. Type Portfolio
9.2.9.3. Financial Overview
9.2.10. Ricoh Company, Ltd.
9.2.10.1. Overview
9.2.10.2. Type Portfolio
9.2.10.3. Financial Overview
9.2.11. COMPANY11
9.2.11.1. Overview
9.2.11.2. Type Portfolio
9.2.11.3. Financial Overview
9.2.12. COMPANY12
9.2.12.1. Overview
9.2.12.2. Type Portfolio
9.2.12.3. Financial Overview
9.2.13. COMPANY13
9.2.13.1. Overview
9.2.13.2. Type Portfolio
9.2.13.3. Financial Overview
9.2.14. COMPANY14
9.2.14.1. Overview
9.2.14.2. Type Portfolio
9.2.14.3. Financial Overview
9.2.15. COMPANY15
9.2.15.1. Overview
9.2.15.2. Type Portfolio
9.2.15.3. Financial Overview
10. Global Document Management Market Analysis By Region
10.1. Introduction
10.1.1. Market Value Share Analysis By Region
10.1.2. Y-o-Y Growth Analysis By Region
10.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Region
10.2.1. North America
10.2.2. Middle East and Africa
10.2.3. South America
10.2.4. Asia-Pacific
10.2.5. Others
10.3. Current Market Size (USD Mn) Forecast 2023-2030 By Region
10.3.1. North America
10.3.2. Middle East and Africa
10.3.3. South America
10.3.4. Asia-Pacific
10.3.5. Others
10.4. Market Attractiveness Analysis By Region
11. North America Document Management Market Analysis
11.1. Introduction
11.2. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
11.2.1. U.S.
11.2.2. Canada
11.2.3. Mexico
11.2.4. Rest of North America
11.3. Current Market Size (USD Mn) Forecast 2023-2030 By Country
11.3.1. U.S.
11.3.2. Canada
11.3.3. Mexico
11.3.4. Rest of North America
11.4. Historical Market Size (USD Mn) Analysis 2018-2022 By Solution Type
11.5. Current Market Size (USD Mn) Forecast 2023-2030 By Solution Type
11.6. Historical Market Size (USD Mn) Analysis 2018-2022 By Deployment Mode
11.7. Current Market Size (USD Mn) Forecast 2023-2030 By Deployment Mode
12. South America Document Management Market Analysis
12.1. Introduction
12.2. Regional Pricing Analysis
12.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
12.3.1. Brazil
12.3.2. Argentina
12.3.3. Rest of South America
12.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
12.4.1. Brazil
12.4.2. Argentina
12.4.3. Rest of South America
12.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Solution Type
12.6. Current Market Size (USD Mn) Forecast 2023-2030 By Solution Type
12.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Deployment Mode
12.8. Current Market Size (USD Mn) Forecast 2023-2030 By Deployment Mode
13. Europe Document Management Market Analysis
13.1. Introduction
13.2. Regional Pricing Analysis
13.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
13.3.1. Germany
13.3.2. Italy
13.3.3. France
13.3.4. Spain
13.3.5. U.K.
13.3.6. Rest of Europe
13.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
13.4.1. Germany
13.4.2. Italy
13.4.3. France
13.4.4. Spain
13.4.5. U.K.
13.4.6. Rest of Europe
13.5. Historical Market Size (USD Mn) Analysis 2018-2022 By Solution Type
13.6. Current Market Size (USD Mn) Forecast 2023-2030 By Solution Type
13.7. Historical Market Size (USD Mn) Analysis 2018-2022 By Deployment Mode
13.8. Current Market Size (USD Mn) Forecast 2023-2030 By Deployment Mode
14. Middle East and Africa Document Management Market Analysis
14.1. Introduction
14.2. Regional Pricing Analysis
14.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
14.3.1. Saudi Arabia
14.3.2. U.A.E.
14.3.3. South Africa
14.3.4. Turkey
14.3.5. Rest of Middle East and Africa
14.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
14.4.1. Saudi Arabia
14.4.2. U.A.E.
14.4.3. South Africa
14.4.4. Turkey
14.4.5. Rest of Middle East and Africa
15. Asia-Pacific Document Management Market Analysis
15.1. Introduction
15.2. Regional Pricing Analysis
15.3. Historical Market Size (USD Mn) Analysis 2018-2022 By Country
15.3.1. China
15.3.2. India
15.3.3. Japan
15.3.4. South Korea
15.3.5. Singapore
15.3.6. Australia and New Zealand
15.3.7. Rest of Asia-Pacific
15.4. Current Market Size (USD Mn) Forecast 2023-2030 By Country
15.4.1. China
15.4.2. India
15.4.3. Japan
15.4.4. South Korea
15.4.5. Singapore
15.4.6. Australia and New Zealand
15.4.7. Rest of Asia-Pacific
i. Research Methodology
ii. Assumptions & Acronyms
LIST OF FIGURES
Figure 01: Global Document Management market, BPS Analysis, By Solution Type , 2018(H), 2023(E) & 2030(F)
Figure 02: Global Document Management market, Y-O-Y Growth, By Solution Type , 2020(A) - 2030(F)
Figure 03: Global Document Management Market Attractiveness Analysis, By Solution Type (2020)
Figure 04: Global Document Management market, BPS Analysis, by Deployment Mode, 2018(H), 2023(E) & 2030(F)
Figure 05: Global Document Management market, Y-O-Y Growth, by Deployment Mode, 2018(H) - 2030(F)
Figure 06: Global Document Management Market Attractiveness Analysis, by Deployment Mode
Figure 07: Global Document Management Market, Value Analysis, By Solution Type , 2018(H)-2030(F)
Figure 08: Global Document Management Market, Value Analysis, by Deployment Mode, 2018(H)-2030(F)
Figure 09: Global Document Management market, BPS Analysis, by Region, 2018(H), 2023(E) & 2030(F)
Figure 10: Global Document Management market, Y-O-Y Growth, by Region, 2018(H) - 2030(F)
Figure 11: Global Document Management Market Attractiveness Analysis, by Region
Figure 12: North America Document Management Market Value (USD Mn Forecast, 2018 2022
Figure 13: North America Document Management Market Value (USD Mn Forecast, 2023 2030
Figure 14: South America Document Management Market Value (USD Mn) Forecast, 2018 2022
Figure 15: South America Document Management Market Value (USD Mn) Forecast, 2023 2030
Figure 16: Europe Document Management Market Value (USD Mn) Forecast, 2018 2022
Figure 17: Europe Document Management Market Value (USD Mn) Forecast, 2023 2030
Figure 18: Middle East and Africa Document Management Market Value (USD Mn) Forecast, 2018 2022
LIST OF TABLES
Table 01: Global Document Management Market Value (USD Mn) Forecast, By Solution Type , 2018(H) 2030(F)
Table 02: Global Document Management Market Value (USD Mn) Forecast, by Deployment Mode, 2018(H) 2030(F)
Table 03: Global Document Management Market Value (USD Mn) Forecast, by Country, 2018(H) 2030(F)
Table 04: North America Document Management Market Value (USD Mn) Forecast, by Country, 2018(H) 2030(F)
Table 05: North America Document Management Market Value (USD Mn) Forecast, By Solution Type , 2018(H) 2030(F)
Table 06: North America Document Management Market Value (USD Mn) Forecast, by Deployment Mode, 2018(H) 2030(F)
Table 07: South America Document Management Market Value (USD Mn) Forecast, by Country, 2018(H) 2030(F)
Table 08: South America Document Management Market Value (USD Mn) Forecast, By Solution Type , 2018(H) 2030(F)
Table 09: South America Document Management Market Value (USD Mn) Forecast, by Deployment Mode, 2018(H) 2030(F)
Table 10: Europe Document Management Market Value (USD Mn) and Forecast, by Country, 2018(H) 2030(F)
Table 11: Europe Document Management Market Value (USD Mn) Forecast, By Solution Type , 2018(H) 2030(F)
Table 12: Europe Document Management Market Value (USD Mn) Forecast, by Deployment Mode, 2018(H) 2030(F)
Table 13: Middle East and Africa Document Management Market Value (USD Mn) Forecast, by Country, 2018(H) 2030(F)
Table 14: Middle East and Africa Document Management Market Value (USD Mn) Forecast, By Solution Type , 2018(H) 2030(F)
Table 15: Middle East and Africa Document Management Market Value (USD Mn) Forecast, by Deployment Mode, 2018(H) 2030(F)
Table 16: Asia-Pacific Document Management Market Value (USD Mn) Forecast, by Country, 2018(H) 2030(F)
Table 17: Asia-Pacific Document Management Market Value (USD Mn) Forecast, By Solution Type , 2018(H) 2030(F)
Table 18: Asia-Pacific Document Management Market Value (USD Mn) Forecast, by Deployment Mode, 2018(H) 2030(F)"
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