Global Document Case Management Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. The Document Case Management market is expanding because of factors such as increasing need for securing confidential data and protection against data loss and growing demand for improving archived content across channels.
Banks need to upgrade their paperwork and transaction record-keeping tools because to the large number of transactions that occur every day. Banks can reduce the costs and processing times related to managing and sending documents like statements and notifications by using the appropriate DMS. Additional advantages of DMS include the capacity to keep an electronic audit trail, easy compliance, improved banking workflow, and reduced paper usage. On the 116th anniversary of its formation in September 2021, The Bank of India unveiled a number of digital services as well as a DMS with enhanced security, backup, and disaster recovery capabilities. Thus, rising adoption of data management system is propelling the growth of market. However, the transition from legacy systems chips and customization challenges leading to implementation Issues stifles market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Document Case Management Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market share in terms of revenue owing to factors such as rising need for cloud-based services, rising adoption of technological advancement software in the region.
Major market players included in this report are:
Cleardata Group
Information Capture Solutions
C21 Data Services
Data Entry India
Data Entry BPO Services
Newgen Software
ALTECiSys Limited
Pearl Scan Solutions Ltd
Abbyy UK Ltd
InfoTech Scandinavia AB
Recent Developments in the Market:
In February 2022, Xerox Corporation announced the relaunched an electronic document management system which improves the productivity and fosters intelligent workplace. The system can be used by users to design a productive workplace in both public and private institutions.
In July 2021, Spyder Inc., a SaaS company, announced the expansion of its offering of document storage options. Spyder introduced an online document storage alternative for producers and small businesses. To satisfy the requirements of corporate financial services and insurance organisations, it was designed with purpose.
Global Document Case Management Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Type, End User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Solution
Services
By End User:
BFSI
Healthcare
IT & Telecom
Public Agencies
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
