This research will help both existing and new aspirants for Global Document Management Software Market to figure out and study market requirements, market size, and competition. “We are happy with the professionalism of your in-house research team as well as the quality of your research reports. eFileCabinet is one of the best document management solutions on the market. For instance, in October 2016, Folderit, a European-based computer Software Company, launched a cloud-based document management service to simplify workflow for small businesses worldwide. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. The ' Document Content Management System market' study added by Market Study Report, LLC, enumerates an in-depth analysis of the powerful trends prevailing in the industry. The global document management system market (henceforth referred to as the ‘market studied’ or ‘DMS market’) was valued at USD 4. The market is expected to grow at a CAGR of 6.9% in the forecast period (2020-2027). Printing Segment to Hold Highest Market Share Owing to Rising Adoption of Advanced Printing Techniques. Document Management Systems Market Outlook by Applications: Small and Medium-sized enterprises (SMEs) and Large Enterprises. OpenText Corporation (Canada), Xerox Corporation (US), Canon Inc. (Japan), Ricoh Company Ltd. (Japan), IBM Corporation (US), eFileCabinet Inc. (US), SpringCM (US), Oracle Corporation (US), Alfresco Software Inc. (UK), and Hyland Software Inc. (US). The ongoing crisis will compel consumers and organizations to shift to the online world. North America Document Management Services Market Size, 2019 (USD Billion), To get more information on the regional analysis of this market, Request a Free sample. Statista. The solutions segment is growing at a significant rate due to the increasing demand for document management, digital asset management, and eDiscovery by enterprises to achieve a strategic advantage and streamline their document management operations to minimize risks. The report covers the market landscape and its growth prospects over the coming years and discussion of the Leading Companies effective in this market. Document Management Market report is a systematic analysis of the market globally presenting the propelled situation in the market and besides conspires that guide in its extension in the coming years. Xerox Corporation, Ricoh Company, Ltd., Konica Minolta, Inc., and KYOCERA Document Solutions, Inc. are the top companies in the market. The market has been segmented on the basis of deployment mode into on-premise, cloud-based, and hybrid deployment modes. In the corporate environment, the cloud-based service allows workforces to store, track electronic archives, and paper-based information or data by using a record scanner. In September 2018, Canon launched next-generation imageFORMULA DR-G2090, DR-G2140, and DR-G2110 series production scanners. This helps large enterprises to automate transaction processing and improve customer communications. Other services such as indexing and metadata among others are expected to show a considerable growth rate, as these services assist the organization in digitizing documents while ensuring simple access, retention, and archiving of data. It looks quite comprehensive and the data is exactly what I was looking for. The market for SMEs is expected to grow at a higher rate. 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