Document Management Market Overview, Trends and Growth Opportunities By 2029

The document management market is ever-changing, driven by the need for increased efficiency in the workplace.

PORTLAND, PORTLAND, OR, UNITED STATE, March 29, 2022 /EINPresswire.com/ -- The emergence of paperless offices and the need for increased efficiency drives the document management market growth. In addition, the high requirement for digitalization to save space fuels the growth further.

However, the implementation cost of a document management system (DMS) and concerns related to data security restrain the market. The adoption of cloud-based technology and mobile device integration is opportunistic for the market.

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The global document management market is segmented based on deployment, end-user and region. On the basis of deployment, it is bifurcated into on-premise DMS and cloud-based DMS.

Based on end-user, it is divided into government, healthcare, banking, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players operating in this market are Dell EMC, IBM Corporation, Microsoft Corporation, Oracle Corporation, HP Inc., Xerox Corporation, SpringCM, Agiloft, Synergis Technologies, and Trace Applications.

Key Benefits:

• The study provides an in-depth analysis of the global document management market and current & future trends to elucidate the imminent investment pockets.

• Information about the key drivers, restrains, and opportunities and their impact analysis on the market size are provided.

• Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.

• The quantitative analysis of the market from 2017 to 2023 is provided to determine the market potential.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

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