The global document management systems market is anticipated to grow at a considerable CAGR of 16.9% during the forecast period. A rise in adoption of several strategic initiatives such as new product launches, and product innovation to remain competitive in the marketplace by the key market players Is considered to be the major factor supporting the market growth. For instance, in March 2022, Xerox Corp. established an electronic document management system that improves efficiency and smart workplace post-pandemic. The system is developed for customers across private and public establishments for an efficient workplace. In July 2021, Kyocera Document Solutions Europe B.V. introduced the Kyocera Cloud Scan and Print solution that allows users to scan and print documents through cloud services. The solution promotes a hybrid workplace in the organization by delivering flexible scanning and printing options from multiple locations. It also supports controlling the overall printing costs with the central management.
Get Free Sample link @ https://www.omrglobal.com/request-sample/document-management-systems-market
Moreover, in April 2021, IBM Corp. established an advanced IBM spectrum fusion storage solution designed for simplifying data availability & accessibility in the hybrid cloud environment. The advanced software-defined storage solutions were designed to support their users develop data accessibility and availability across complex hybrid clouds. Apart from this, in March 2020, Hyland added new capabilities to its Document Filters product offering and launched three separate updates in the last six months. Each release aims to add more file formats following its goal of delivering the most complete filtering toolkit that can process all the files that an organization encounters in a typical day. With the current releases, Hyland supports more than 550 file formats, of which, over 75 are supported for high-definition renditions.
A full report of Document Management Systems Market available @ https://www.omrglobal.com/industry-reports/document-management-systems-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Document Management Systems Market Report Segment
By Deployment Mode
- Cloud-Based
- On-Premises
By Component
- Solution
- Services
By End-User
- BFSI
- IT & Telecommunication
- Government
- Retail
- Healthcare
- Other (Education and Manufacturing)
Global Document Management Systems Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2021and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global document management systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/document-management-systems-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
