Document Management Services in the US - Industry Market Research Report
Document Management Services in the US
Document management services benefit from sustained demand for document storage and increased information security regulation. In 2020, COVID-19 resulted in a temporary economic downturn, disrupting various services undertaken by the industry and thereby reducing demand for document management services. Nonetheless, the industry is relatively immune to economic downturns because of regulations requiring their services and various service offerings. So, industry-wide revenue has grown at an estimated CAGR of 2.1% to $7.8 billion over the five years to 2023, including a 1.9% surge in 2023 alone, when profit is expected to drop to 7.0%.
Document management services include companies that store information and records for business and government clients. The services involve records management, secure document destruction, and data protection and recovery services.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain Products & Services Demand Determinants Major Markets International Trade Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance