Document Management System Market Size, Trends & Analysis – Forecasts To 2025

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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Ankita Roy, Treesha Banerjee and
Liza Dsouza from Global Market Estimates throw
the spotlight on the growing Document Management
System. Market Insights The global document
management system market is anticipated to grow
at a lucrative CAGR over the forecast period.
The market is expected to be influenced by a
number of advantages offered by DMS including
reduced primary storage, improved internal
operations, and enhanced client service
satisfaction. Document management system
manages, stores and reduces the risk pertaining
to the important documents of the company. It
also helps in digitally uploading and filing
various documents. DMS further provides better,
more flexible control over sensitive
documents. Also, the use of document management
system leads to enhanced security, disaster
recovery, and controlled improved document
distribution. These factors are further
attributed to contribute towards the overall
market growth over the coming years. Moreover,
computer-based document management systems
eliminate the use of papers to a great extent,
which leads to operational efficiency of
organizations.
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GLOBAL MARKET ESTIMATES RESEARCH
CONSULTANTS Deployment Insights The global
document management system market is segmented
into web based, client server based, data base,
and cloud based. Cloud based segment is likely to
witness a significant growth rate over the
forecast period. Factors such as wide web access,
reduced infrastructure costs, better
collaboration, enhanced productivity, and
improved security are likely to boost the segment
growth. Web-based document management systems
are also likely to register a considerable market
share over the coming years due to its wide
acceptance across industries. Application
Insights The global document management system
market is divided into financial applications
disbursements, billing systems, record
management, admission registration,
conduct statements, document imaging management,
others. Document management systems are widely
used in various industries due to its increased
applications. End-Use Insights The global
document management system market is classified
into education, BFSI, entertainment, government,
healthcare, legal law firms, manufacturing, and
commercial among others. The demand for document
management system in healthcare is anticipated to
increase significantly over the forecast period.
The segment growth is mainly driven by the need
for regulatory compliance, improved patient care
and cost containment in healthcare. Government
sector is also likely to witness a substantial
rise over the years due to its increased
efficiency while ensuring compliance with all
regulations. Document management system further
finds its application in legal firms as it
manages legal documents and related information
in a secure legal document management system.
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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
Regional Insights Asia-Pacific is anticipated to
account for dominant market share over the
forecast period due to growing number of
industries across the region. Also, favorable
government regulations coupled with growing
emphasis on modernization in healthcare and
increased ongoing RD activities are likely to
contribute towards the regional market
growth. North America recorded a considerable
market share in 2016 followed by Europe. The
regional growth is attributed to the increasing
number of healthcare, manufacturing, and
commercial firms across the region. Moreover,
regulatory requirements concerning the health
records and medical insurance are also likely to
boost the overall regional growth. End-Use
Landscape The end-use landscape includes a list
of current and prospective consumers existing
across the regions. This section provides
company addresses, contact details, products, and
regional presence of companies who are
purchasing or are likely to purchase products
from the global document management system
market. The major consumers of the product are
Palomar Medical Center, Anadolu Medical Center,
and El Camino Hospital among others. Market
Share Competitor Analysis Some of the leading
players operating in the global document
management system include EMC, Microsoft,
OpenText, Alfresco Software, HP, Hyland Software,
SpringCM, Agiloft, ASITE, DocSTAR, Ecrion
Software, FileHold, inFORM Decisions, LogicalDOC,
Nextide, Oracle, Scrypt, Synergis, and Trace
Applications among others.
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• GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
• The report segments the Document Management
  System on the basis of By Deployment
• Web based
• Client Server based
• On-Premise based
• Data base packages
• Cloud based packages
• By Application
• Financial Applications Disbursements
• Billing Systems
• Record Management
• Admission Registration
• Conduct Statements
• Document Imaging Management
• Others

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GLOBAL MARKET ESTIMATES RESEARCH CONSULTANTS
This article contains text from the Document
Management System Market Size, Trends Analysis
Forecasts To 2025 report prepared by Global
Market Estimates. For more information or to buy
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