Enjoy complimentary customisation on priority with our Enterprise License!
The global DMS market is changing drastically because of the emergence of cloud-based deployment model and increased adoption by SMEs. The global DMS market was valued at roughly about $1.76 billion in 2014. The need to reduce documentation cost and save time through improved data handling determines the growth of this market. In 2014, the DMS market accounted for nearly 29% of the total electronic content management market. The market is aided by the demand for paperless organizations in developed countries. Development of smart offices is expected to drive high investments in documentation solutions by MNCs in the DMS market or document management industry.
Based on the document management industry overview, the global on-premises DMS market was valued at $1.57 billion in 2014. However, the revenue generated from on-premises ECM segment is expected to reduce during the forecast period. During the same period, the BFSI sector in the APAC region is predicted to emerge as a key contributor for the adoption of cloud deployment for documentation. It is thus boosting the off-premise segment.
Documentation management solutions are gradually replacing printing processes, and reducing the need for manual filing in organizations.
Electronic documentation and file management software is increasingly being adopted in the travel and hospitality sector across the globe. Elimination of paper processing and the recycling of paper is a key priority for environmental friendly organizations. The process leaves chemical wastes affecting the earth’s fresh water supply and the marine environment. Integration of mobility in the work environment with the used of smartphones, tablets, and other gadgets to perform work-related tasks will significantly contribute towards the growth of paperless offices in the future.
The document management services industry in the Americas is expected to reach revenues in excess of $1.60 billion by 2019. The high adoption of cloud DMS is the major growth contributor for this market.
Agiloft, Alfresco, ASITE, DocSTAR, Ecrion Software, FileHold, Hyland Software, HP, inFORM Decisions, LogicalDOC, Nextide, Oracle, Scrypt, SmartFile, SpringCM, Synergis, Trace Applications, and Xerox.
Key observations of the Technavio analysts indicate an increase in market consolidation on account of emerging technologies such as cloud computing, mobile solutions, social collaboration, thus influencing vendor offerings in the documentation space.
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
DMS components
Market size and forecast
DMS market share in global ECM market
Five forces analysis
PART 06: Market segmentation by deployment
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
Segmentation of global DMS market by geography 2014
Global DMS market by geography 2014-2019
PART 09: Market drivers
PART 10: Impact of drivers
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Market trends
PART 14: Vendor landscape
Competitive scenario
Leading vendor analysis 2014
Other prominent vendors
PART 15: Key vendor analysis
EMC
IBM
Microsoft
OpenText
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.