Technavio has published a new report on the global document management systems (DMS) market, which is expected to grow at a CAGR of over 14% from 2015-2019.

About the Report

The latest report by Technavio draws attention towards the emergence of paperless offices, which aims to reduce the environmental impact of a business. Moreover, the Earth’s natural resources are being consumed faster than they can be renewed.

“Document management system helps replace printing and manual filing with electronic processes to reduce and eliminate paper consumption and waste. Travel and hospitality industries across the globe are increasingly adopting electronic document and file management software, which will drive the market growth,” says Faisal Ghaus, Vice President of Technavio.

The latest report by Technavio also states along with the growing prevalence of cloud computing, companies are also adopting mobile work styles and allowing employees to use smartphones, tablets, and other devices to perform work-related tasks on a more regular basis.

“The ability to easily download and transfer documents and other files onto tablets or mobile devices will accelerate the adoption of document management systems across organizations,” elaborates Ghaus.

Market Scope and Calculation of Market Size

The new Technavio report covers the present scenario and growth prospects of the global document management systems market from 2015-2019. To calculate the market size, the report considers the revenue generated by:

  • Software licenses and subscriptions
  • Software implementation and maintenance

Key Information Covered in the Report:

  • Key Vendors:
    • EMC
    • IBM
    • Microsoft
    • OpenText
  • Market Growth Drivers:
    • Emergence of paperless office
    • For a full detailed list, view our report.
  • Market Challenges:
    • Data security concerns
    • For a full detailed list, view our report.
  • Market Trends:
    • Increased adoption of SaaS-based DMS
    • For a full detailed list, view our report.

Technavio currently has more than 3000 market research reports on a huge range of topics, including 100+ reports on the document management market:

  • Global Network Office Document Solutions Market 2015-2019
  • Global Document Outsourcing Market 2015-2019

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio ResearchJesse MaidaUS: +1-630-333-9501UK: +44-208-123-1770Media & Marketing Executivewww.technavio.commedia@technavio.com