Emergence of Paperless Offices Will Inflate the Global Document Management Systems Market Through 2019
October 06 2015 - 10:35AM
Business Wire
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.
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Technavio ResearchJesse MaidaUS: +1-630-333-9501UK:
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