Albany, NY -- (SBWIRE) -- 03/21/2018 -- About the Document Outsourcing Market

In the era of digitalization and information economy, organizations adopt IT solutions for the effective management of large volumes of unorganized enterprise documents. Document management solutions are designed to manage routine files and paper-based documents through digital ECM systems. organizations require quick access to enterprise files and information to streamline workflow and remain competitive in the domestic and international markets. Document management outsourcing services are gaining popularity in the document management business as many firms face difficulties to manage in-house document management software solutions. In-house document management systems require upfront investment to install software and hardware to run document management applications. Organizations also need to spend on IT department such as skilled IT professionals and IT support services to manage in-house document management systems.

The global document outsourcing market to grow at a CAGR of 5.5% during the period 2016-2020.

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Covered in this report
The report covers the present scenario and the growth prospects of the global document outsourcing market for 2016-2020. To calculate the market size, we consider revenue generated from the following document management outsourcing services:
Onsite contracted services
Statement printing services
Document process outsourcing (DPO) services

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Document Outsourcing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Canon
HP
Lexmark International
Ricoh
Xerox

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Other prominent vendors
ABBYY
Accenture
American Reprographic Company (ARC) Document Solutions
Cirrato
Cortado
Epson
Hyland
Konica Minolta
Levi Ray & Shoup
Swiss Post
Toshiba

Market driver
Cost reduction, efficiency and adherence to compliance and regulatory standards
For a full, detailed list, view our report

Market challenge
Data privacy and security risks
For a full, detailed list, view our report

Market trend
Rise in digital mailroom outsourcing services
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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