Electronic Document Management System Market Business and Innovation Trends 2017-2024

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Electronic Document Management System Market
Growth Opportunities and Challenges 2017-2024
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Electronic Document Management System Industry
Overview

• Owing to the rapid surge in adoption of cloud
  computing solutions across diverse end-use
  sectors, electronic document management system
  market is anticipated to expand at an exceptional
  pace over the next seven years. This growth
  trajectory is expected to traverse forward due to
  the wide spread penetration of SaaS based
  services, big data, and the rising trend of bring
  your own device (BYOD) at workplaces.
  Furthermore, large organizations have been
  increasingly aiming to streamline workflow,
  enhance the prevailing practices of document
  handling, centralize the unstructured databases
  in order to extract business-related data in
  real-time with improved efficiency.
• Apparently, the aforementioned business
  considerations have necessitated the large-scale
  deployment of effective systems that control
  duplication, deletion, creation, and distribution
  of multiple versions of the same documents, which
  would eventually leave a tremendous impact on the
  global electronic document management system
  industry share. The growth potential of
  electronic document management system market can
  be comprehended from the fact that this business
  space recorded a total revenue collection of USD
  2 billion in the year 2016.

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Electronic Document Management System Industry
Background

• Electronic document management system market
  providers offer on-premises, web-based and
  cloud-based document management systems for
  desktop, web, and mobile platforms. Provision of
  collaboration tools and features such as remote
  document access, e-mail client integrations, text
  editing and tracking, digital signatures and
  mobile and social media integration, hosted
  storage services serve as key enablers for
  technology penetration.
• Industry is characterized with collaborations and
  integration among EDMS software providers and
  content collaborators. For instance,
  eFileCabinet, Inc. announced the full integration
  of its software platform with Citrix ShareFile, a
  file sync and share system company. Various
  market players are focused on providing
  interoperable systems and ease of integration
  with existing document software.

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UK EDMS market size, by service, 2016 2024
(USD Million)

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Electronic Document Management System Industry
By solution

• Software providers in the electronic document
  management system market offer desktop solutions,
  network/server-based and cloud-based solutions to
  capture and manage their business documentation
  needs. The core implementation team consists of
  application developers, project managers and
  coordinators. Collaboration between software
  developers and service providers add capabilities
  to coalesce on a common platform and embed
  functions into the document management solution.
  Service providers offer means for implementing
  EDMS into the actual workplace. In addition to
  installation, they also provide integration
  services with the organizations workflow, as
  well as training and consulting services for
  smooth functioning of the system.
• On-premise solutions are ideal for operations
  wherein a large number of documents need to be
  managed with combatively large file sizes.
  Customers need to invest on hardware, licenses,
  IT staff and IT infrastructure for on-premises
  solutions. On the other hand, cloud based EDMS
  are suitable for users with limited IT expertise
  or staff, large number of remote end users and
  suitable networking infrastructure.

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Electronic Document Management System Industry
Background

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Electronic Document Management System Industry
By Application

• Demand for EDMS solutions in medical applications
  is expected to exhibit significant growth over
  the forecast period. This can be attributed to
  the need for automation and digitization in the
  healthcare center and the need to improve
  clinical efficiency and quality of healthcare
  systems. Increasing adoption of health
  information management systems such as Electronic
  Medical Record (EMR), Health Information
  Management (HIM), Radiology Information System
  (RIS) and Picture Archiving and Communication
  System (PACS drive growth of medical electronic
  document management system market.

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Electronic Document Management System Industry
By Region

• Considered to be the most populated city of
  Russia, Moscow has implemented a Unified Medical
  and Analytical System that manages cloud-based
  health records, medical appointments, and
  e-prescriptions across 600 healthcare
  institutions in the city. Reportedly, after
  implementing the system, the waiting time to
  consult a doctor has reduced to two days. The
  system has slashed paperwork and call center
  expenses, saving the city around USD 20 million a
  year and has proved to be of immense convenience
  to 12.5 million residents of the city. In
  consequence, such moves by major nations would
  perpetually impact electronic document management
  system market.
• As per recently published news reports, Dubai
  launched a central document management system
  names Salama, in the first half of 2017, that is
  said to have unified medical records of five
  major healthcare institutions of the city.
  Apparently, every patient now has single medical
  document across all the institutions that assists
  the doctor in following a homogenous treatment
  procedure in the event of transferring the
  patient to another hospital. Reportedly, the
  project would integrate additional hospitals and
  pharmacies in its further phases of expansion,
  which is likely to add a renewed vigor to
  electronic document management system industry in
  the Middle East region.

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Report Content

• Chapter 6. Electronic Document Management
  System Market, By Application
• 6.1. Electronic document management system
  market share, by application, 2016 2024
• 6.2. Government
• 6.2.1. Market estimates and forecasts, 2013
  2024
• 6.2.2. Aerospace defense
• 6.2.2.1. Market estimates and forecasts, 2013
  2024
• 6.2.3. Oil, gas utilities
• 6.2.3.1. Market estimates and forecasts, 2013
  2024
• 6.2.4. Transportation
• 6.2.4.1. Market estimates and forecasts, 2013
  2024

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Report Content

• 6.2.5. Others
• 6.2.5.1. Market estimates and forecasts, 2013
  2024
• 6.3. Medical
• 6.3.1. Market estimates and forecasts, 2013
  2024
• 6.3.2. Patient admission
• 6.3.2.1. Market estimates and forecasts, 2013
  2024
• 6.3.3. Billing
• 6.3.3.1. Market estimates and forecasts, 2013
  2024

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Report Content
6.3.4. Imaging 6.3.4.1. Market estimates and
forecasts, 2013 2024 6.3.5. Record
management 6.3.5.1. Market estimates and
forecasts, 2013 2024 6.4. Corporate 6.4.1.
Market estimates and forecasts, 2013
2024 6.4.2. SMB 6.4.2.1. Market estimates
and forecasts, 2013 2024 6.4.3.
Enterprises 6.4.3.1. Market estimates and
forecasts, 2013 2024 6.5. BFSI
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Report Content
6.5.1. Market estimates and forecasts, 2013
2024 6.5.2. Banking 6.5.2.1. Market
estimates and forecasts, 2013 2024 6.5.3.
Financial Services 6.5.3.1. Market estimates
and forecasts, 2013 2024 6.5.4.
Insurance 6.5.4.1. Market estimates and
forecasts, 2013 2024 6.6. Legal 6.6.1.
Market estimates and forecasts, 2013 - 2024 6.7.
Education 6.7.1. Market estimates and
forecasts, 2013 - 2024
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Market research reports Key analytical
components

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Market Insight Coverage

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Competitive Electronic Document Management
System Industry Share

• Key players in the electronic document management
  system market include Adobe Systems Incorporated,
  Alfresco One Software, CGI Group Inc., DocSTAR,
  Dropbox Business, Dokmee, eFileCabinet, Google,
  Ideagen Plc, Lucion Technologies, MasterControl,
  Microsoft Corporation, Oracle Corporation, Zoho
  Corporation. The players are investing in RD to
  develop new technologies that make the solution
  interoperable and easily integrate with other IT
  platforms.

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