Document Management System Market 2023: Size, Share, Segments, And Forecast 2032

Document Management System Global Market Report 2023

Market Size, Trends and Global Forecast 2023-2032

Document Management System Market Definition

A document management system refers to an automated software solution for organizing, securing and digitizing an organization’s files for centralized storage, access, editing and sharing. It can store, managing, and tracking electronic documents in addition to electronic images of paper-based information.

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Document Management System Market Characteristics:

The global document management system market is expected to grow from $6.95 billion in 2022 to $7.91 billion in 2023 at a compound annual growth rate (CAGR) of 13.7%. The document management system market is expected to reach $12.93 billion in 2027 at a CAGR of 13%.

Key Market Drivers And Trends

Drivers Trends

The emergence of paperless offices is expected to drive the growth of the document management systems market

Technological advancement is the key trend that is gaining popularity in the document management systems market

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Document Management System Global Market Segments:

By Offering

Solutions, Services

On-Premise, CloudBased, Hybrid

By Organization

By

The report covers the document management system market’s segmentsBy Deployment Mode

Application

Small And Medium-Sized Enterprises (SMEs), Large Enterprises

Banking, Financial Services, And Insurance, Government,

Education, Healthcare

Major companies in the market include

OpenText Corporation

Xerox Corporation

Ricoh USA Inc

Canon Inc

SpringCM

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