Document Management System Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	180 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260709

Best Price Guarantee
Price	from $4,850
Length	180 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260709

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

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