Document Management Software Market: Significant Demand from the BFSI Sector to be Witnessed in the Coming Years: Global Industry Analysis (2013-2017) and Opportunity Assessment (2018-2028)

  • No. of Pages: 283
  • Published: 2018-03-27
  • Report Code: REP-GB-6474

An Incisive, In-depth Analysis on the Document Management Software Market

This study offers a comprehensive, 360 degree analysis on the Document Management Software market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Document Management Software market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

From file cabinets to file consolidation in digital format – a paradigm shift

Technology has supported businesses in every aspect, from organizing and documentation to product enhancement. Manual documentation process is arduous and time consuming. This increases the chances of human error that can lead to damaged files or loss of files. Hence businesses typically automate this process using efficient document management software. It enables the user to access, store and modify documents in various formats, such as audio format, video format, PDFs etc. It also handles other tasks, for instance, distribution, archiving as well as creation of documents. It has enabled organizing of files in digital format thus supporting businesses in achieving effective documentation.

Time saving and enhancing productivity

Increasing demand for reduced cost of productivity coupled with time efficiency has resulted in the demand for efficient management of documents in order to gain easy and convenient access to these documents at any point in time during workflow. With growing volume of business documentation, the need to find the right document on time becomes highly critical. Document management software allows users to store files centrally that makes them easily accessible as needed. This saves time and at the same time enhances productivity and reduces costs. Routine file search and retrieval becomes convenient with this software, thus eliminating unnecessary interruptions in work and also prevents loss of information. Document management software saves hidden costs associated with business workflow, such as labor cost, costs associated with storage space, paper, misfiling and other operational expenses. All these aspects are contributing to the adoption of document management software across various industry verticals.

Cloud hosted DMS (Document Management Software) with infrastructure management services to provide huge opportunity for vendors

Cloud hosted document management software has huge demand potential. Many companies are preferring cloud hosted software to reduce their complexities and hardware maintenance costs. Companies prefer vendors who provide features such as cloud hostage and maintenance services. It becomes imperative for vendors to focus on these services and requirements of their customers. As the demand for document management software is increasing, vendors have a huge opportunity to increase their customer base by providing such features and facilities along with their software. This will also add value to their software, and will enable them to stay ahead in the competitive market.

Providing monthly basis discounts and subscriptions on multi users can assist vendors to increase their customer base

As number of startups is increasing every day, vendors have a huge opportunity to target those companies to sell their software. These companies may not be able to invest huge capital on this technology. However, favorable pricing plans and subscriptions can enable them to purchase document management software to regularize their business operations. Vendors can also offer various discounts based on the number of subscriptions.

Developing countries of Asia Pacific are witnessing a huge number of startups coming into the market. Being a price-sensitive market, customers may not adopt these technologies. Vendors of document management software have huge opportunities to expand their footprint in these countries by offering various discounts and pricing plans for monthly and quarterly subscriptions.

According to this research report, the global market for document management software is expected to grow at a high rate in the coming years. Sale of document management software is estimated to surpass US$ 11 Bn by end of the year of assessment (2028).

Use of document management software in healthcare industry is expected to rise significantly during the forecast period

Healthcare industry involves high volumes of paper work and other operational activities. Adoption of document management software is high in this industry as it enables swift storage and access to saved documents. With respect to end use, sales of document management software in healthcare alone is expected to touch a value higher than US$ 3 Bn by end of forecast period (2028). The healthcare segment is projected to expand at a high value CAGR of 13.9% during 2018-2028.

With a view to get a clear market picture of document management software, Future Market Insights has presented key acumen in a systematic format in its new research report named global document management software market. It uncovers each and every aspect of the market, with the help of a robust research platform. It unmasks numerous acumen on the macroeconomic factors, SWOT analysis, regulatory aspects, and other angles which govern the dynamics of the market influencing its growth. These traits help in devising an accurate marketing strategy or entry tactic or even expansion, simultaneously dealing with the unforeseen events present within the market scenario.

A robust research methodology to assemble data and figures

At Future Market Insights, an exclusive research methodology is applied to garner necessary market intelligence. Secondary research followed by primary research and key opinions from subject matter experts, market observers and other external sources is carried out. The initial secondary research is initiated which is extensive in nature and covers all the angles of the document management software market following which a primary research is carried out with which further deep diving is carried out. Simultaneously, market observers and domain experts which have a completely unbiased knowledge about the market, are interviewed to gain essentials of the market pertaining to the market scenario in different regions across the globe. Each key aspect or statistic or number is cross checked, re-verified, evaluated, analysed and validated over the course of the entire research. As every conversation gives a more or less different view, the statistics and data undergo a triangulation process to arrive at a certain number. This data point reflects maximum accuracy which fuels the credibility of the information that the report contains.

Market segmentation

By Component

By Deployment

By End User

By Region

  • Software

  • Services

    • Professional Services

    • Managed Services

  • On Premise

  • Cloud Based

  • Healthcare

  • Retail

  • Government

  • BFSI

  • Education

  • Legal Service Firms

  • Other

  • North America

  • Latin America

  • Western Europe

  • Eastern Europe

  • Middle East and Africa

  • Asia Pacific

  • China

  • Japan


The research report on global document management software market includes a separate chapter on competitive assessment that includes several key players involved in the operations associated with document management software. Key information on these players such as current scenario, their geographical spread, their expansion plans, the new strategies they have come up with, new developments in their products as well as innovation to enhance their product portfolio, mergers and acquisitions as an expansion strategy, marketing strategies, market share, revenue, company strength, strategic alliances, etc., has been covered in this chapter. This can give the reader a broad idea of the happening events in the market, initiated by these players with the support of which new plans or tactics can be developed and implemented.

To sum up the characteristic features of the global document management software market research report, it presents an unbiased opinion of the global market along with key recommendations, it reflects a global perspective covering major geographies, includes a weighted market segmentation, provides actionable acumen that can be used runtime, covers a detailed competitive scenario and puts forth a realistic and accurate picture of the global market to support the reader in making informed decisions and gaining advantage in the long run.

Document Management Software Market Reports - Table of Contents

Document Management Software Market Reports - List of Tables

Table 01: Global Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 02: Global Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 03: Global Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 04: Global Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Table 05: Global Document Management Software Market Value (US$ Mn) Analysis by Region, 2013-2028

Table 06: North America Document Management Software Market Value (US$ Mn) Analysis by Country, 2013-2028

Table 07: North America Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 08: North America Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 09: North America Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 10: North America Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Table 11: Latin America Document Management Software Market Value (US$ Mn) Analysis by Country, 2013-2028

Table 12: Latin America Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 13: Latin America Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 14: Latin America Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 15: Latin America Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Table 16: Western Europe Document Management Software Market Value (US$ Mn) Analysis by Country, 2013-2028

Table 17: Western Europe Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 18: Western Europe Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 19: Western Europe Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 20: Western Europe Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Table 21: Eastern Europe Document Management Software Market Value (US$ Mn) Analysis by Country, 2013-2028

Table 22: Eastern Europe Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 23: Eastern Europe Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 24: Eastern Europe Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 25: Eastern Europe Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Table 26: APAC Document Management Software Market Value (US$ Mn) Analysis by Country, 2013-2028

Table 27: APAC Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 28: APAC Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 29: APAC Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 30: APAC Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Table 31: China Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 32: China Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 33: China Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 34: China Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Table 35: Japan Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 36: Japan Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 37: Japan Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 38: Japan Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Table 39: MEA Document Management Software Market Value (US$ Mn) Analysis by Country, 2013-2028

Table 40: MEA Document Management Software Market Value (US$ Mn) Analysis by Component, 2013-2028

Table 41: MEA Document Management Software Market Value (US$ Mn) Analysis by Services Segment, 2013-2028

Table 42: MEA Document Management Software Market Value (US$ Mn) Analysis by Deployment, 2013-2028

Table 43: MEA Document Management Software Market Value (US$ Mn) Analysis by End User, 2013-2028

Document Management Software Market Reports - List of Figures

Figure 01: Global Document Management Software Market Value (US$ Mn), 2013-2017 

Figure 02: Global Document Management Software Market Value (US$ Mn) and Y-o-Y Growth Forecast, 2018-2028

Figure 03: Global Document Management Software MarketValue (US$ Mn), 2018-2028

Figure 04: Global Document Management Software Market Absolute $ Opportunity (US$ Mn), 2018-2028

Figure 05: Global Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 06: Global Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 07: Global Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 08: Global Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 09: Global Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 10: Global Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 11: Global Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 12: Global Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 13: Global Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 14: Global Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 15: Global Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 16: Global Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

Figure 17: Global Document Management Software Market Share and BPS Analysis by Region - 2018 & 2028

Figure 18: Global Document Management Software Market Attractiveness Analysis by Region, 2018-2028

Figure 19: Global Document Management Software Market Y-o-Y Growth by Region, 2018-2028 

Figure 20: North America Document Management Software Market Share and BPS Analysis by Country - 2018 & 2028

Figure 21: North America Document Management Software Market Attractiveness Analysis by Country, 2018-2028

Figure 22: North America Document Management Software Market Y-o-Y Growth by Country, 2018-2028 

Figure 23: North America Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 24: North America Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 25: North America Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 26: North America Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 27: North America Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 28: North America Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 29: North America Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 30: North America Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 31: North America Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 32: North America Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 33: North America Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 34: North America Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

Figure 35: Latin America Document Management Software Market Share and BPS Analysis by Country - 2018 & 2028

Figure 36: Latin America Document Management Software Market Attractiveness Analysis by Country, 2018-2028

Figure 37: Latin America Document Management Software Market Y-o-Y Growth by Country, 2018-2028 

Figure 38: Latin America Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 39: Latin America Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 40: Latin America Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 41: Latin America Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 42: Latin America Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 43: Latin America Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 44: Latin America Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 45: Latin America Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 46: Latin America Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 47: Latin America Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 48: Latin America Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 49: Latin America Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

Figure 50: Western Europe Document Management Software Market Share and BPS Analysis by Country - 2018 & 2028

Figure 51: Western Europe Document Management Software Market Attractiveness Analysis by Country, 2018-2028

Figure 52: Western Europe Document Management Software Market Y-o-Y Growth by Country, 2018-2028 

Figure 53: Western Europe Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 54: Western Europe Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 55: Western Europe Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 56: Western Europe Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 57: Western Europe Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 58: Western Europe Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 59: Western Europe Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 60: Western Europe Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 61: Western Europe Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 62: Western Europe Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 63: Western Europe Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 64: Western Europe Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

Figure 65: Eastern Europe Document Management Software Market Share and BPS Analysis by Country - 2018 & 2028

Figure 66: Eastern Europe Document Management Software Market Attractiveness Analysis by Country, 2018-2028

Figure 67: Eastern Europe Document Management Software Market Y-o-Y Growth by Country, 2018-2028 

Figure 68: Eastern Europe Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 69: Eastern Europe Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 70: Eastern Europe Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 71: Eastern Europe Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 72: Eastern Europe Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 73: Eastern Europe Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 74: Eastern Europe Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 75: Eastern Europe Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 76: Eastern Europe Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 77: Eastern Europe Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 78: Eastern Europe Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 79: Eastern Europe Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

Figure 80: APAC Document Management Software Market Share and BPS Analysis by Country - 2018 & 2028

Figure 81: APAC Document Management Software Market Attractiveness Analysis by Country, 2018-2028

Figure 82: APAC Document Management Software Market Y-o-Y Growth by Country, 2018-2028 

Figure 83: APAC Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 84: APAC Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 85: APAC Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 86: APAC Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 87: APAC Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 88: APAC Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 89: APAC Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 90: APAC Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 91: APAC Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 92: APAC Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 93: APAC Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 94: APAC Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

Figure 95: China Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 96: China Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 97: China Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 98: China Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 99: China Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 100: China Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 101: China Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 102: China Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 103: China Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 104: China Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 105: China Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 106: China Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

Figure 107: Japan Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 108: Japan Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 109: Japan Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 110: Japan Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 111: Japan Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 112: Japan Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 113: Japan Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 114: Japan Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 115: Japan Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 116: Japan Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 117: Japan Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 118: Japan Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

Figure 119: MEA Document Management Software Market Share and BPS Analysis by Country - 2018 & 2028

Figure 120: MEA Document Management Software Market Attractiveness Analysis by Country, 2018-2028

Figure 121: MEA Document Management Software Market Y-o-Y Growth by Country, 2018-2028 

Figure 122: MEA Document Management Software Market Share and BPS Analysis by Component - 2018 & 2028

Figure 123: MEA Document Management Software Market Attractiveness Analysis by Component, 2018-2028

Figure 124: MEA Document Management Software Market Y-o-Y Growth by Component, 2018-2028 

Figure 125: MEA Document Management Software Market Share and BPS Analysis by Services Segment - 2018 & 2028

Figure 126: MEA Document Management Software Market Attractiveness Analysis by Services Segment, 2018-2028

Figure 127: MEA Document Management Software Market Y-o-Y Growth by Services Segment, 2018-2028 

Figure 128: MEA Document Management Software Market Share and BPS Analysis by Deployment - 2018 & 2028

Figure 129: MEA Document Management Software Market Attractiveness Analysis by Deployment, 2018-2028

Figure 130: MEA Document Management Software Market Y-o-Y Growth by Deployment, 2018-2028 

Figure 131: MEA Document Management Software Market Share and BPS Analysis by End User - 2018 & 2028

Figure 132: MEA Document Management Software Market Attractiveness Analysis by End User, 2018-2028

Figure 133: MEA Document Management Software Market Y-o-Y Growth by End User, 2018-2028 

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