What is Enterprise Document Management Systems Market?
An enterprise document management systems is the techology which helps in managing the organisational documents along with creation, capturing, indexing, archiving, etc of records or documents. It helps in the capturing data digitally and converting it into the doumnets and files for ease of reading and storing. It also allows to share the document reducing dependency on the hardware or paper which is space as well as time consuming.
Highlights from Enterprise Document Management Systems Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Adobe Inc (United States), Google LLC (United States), Microsoft Corporation (United States), Salesforce.com, inc. (United States), Dropbox, Inc (United States), Evernote Corporation (United States), KYOCERA (Japan), Zoho Corporation (India), Lucion Technologies, LLC. (FileCenter) (United States) and M-Files Inc. (United States) |
Adobe Inc (United States), Google LLC (United States), Microsoft Corporation (United States), Salesforce.com, inc. (United States), Dropbox, Inc (United States), Evernote Corporation (United States), KYOCERA (Japan), Zoho Corporation (India), Lucion Technologies, LLC. (FileCenter) (United States) and M-Files Inc. (United States) are some of the key players profiled in the study. Enterprise Document Management Systems Market Segmentation:
Scope | Sub-Segments |
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Application / End User | SMEs and Large Enterprises |
Type | Imaging System, Software Only and Both |
Deployment | On-premise,Cloud-based |
Features | Collaboration Tools,Document Archiving,Document Retention,File Recovery,File Type Conversion,Offline Access,Optical Character Recognition,Others |
On the basis of geography, the market of Enterprise Document Management Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Omnichannel Availability of Enterprise Document Management Systems
Market Growth Drivers:
Increasing Digitalization in Every Industry and Organisation to Manage the Data and Files and A large number of Documents in an Enterprise which Needs Better Management
Challenges:
Technological Problems with the Supportability and Connectivity
Restraints:
The requirement of Skilled Professionals to Work on Enterprise Document Management Systems
Opportunities:
Surging Demand for the Enterprise Document Management Systems from Developing Nations with the Growing Number of Business and Organisations
Key Target Audience
Enterprise Document Management Systems Developers, Enterprise Document Management Systems Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
On 22nd January 2020, Kyocera Document Solutions Inc. and Ever Team Software SAS announced that Kyocera and Everteam Software’s shareholder (Everteam Innovation SAS) have entered into an agreement allowing Kyocera to acquire all outstanding shares of Everteam, a French-based provider of enterprise content management (ECM) solutions. With this acquisition, Kyocera aims to strengthen its ECM business in the European market, and further expand the business globally.