Electronic Document Management System Market - Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2028


Persistence Market Research

$ 4900

An Electronic Document Management System (EDMS) is a software program that manages the creation, storage and control of documents electronically. It is a type of storage system that helps users to store and organize digital documents or paper. A basic Electronic Document Management include document management, workflow, text retrieval, and imaging. In some cases these systems may also organize scanned digital versions of paper documents. Feature such as efficient document retrieval is also included in many of such systems. Some EDMS rely on a document storage process, which includes elements called metadata. With the help of metadata one can get easy access to key details that will help to search by keywords, chronology, topic, or other associative strategies.

EDMS efficiently handle their document needs and it also helps the organizations to streamline their workflow, thereby increasing individual productivity. It also enable organizations to extract business related information and centralize unstructured content quickly and effectively and hence the usage of Electronic Document Management System is increasing progressively.

Global Electronic Document Management System Market: Dynamics

The growing emergence of IT solutions and surging adoption of digitization impacts the growth of the Electronic Document Management System market. The increasing demand for retention of the document as a result of regulations that govern the storage of company records and the strict rules has also fueled the growth of the Electronic Document Management System market. Some other factors driving growth of the EDMS market are rise in adoption of cloud computing, penetration of SaaS base solutions, big data and bring your own device (BYOD) trend. There is a steep demand for EDMS solutions increasing new businesses, as such solutions provide co-ordination in efficient manner and also protects and controls the over flow of documents.

However cyber security issues of Electronic Document Management System and high implementation and maintenance cost of on-premise solutions may hinder growth of the EDMS market.

Global Electronic Document Management System Market: Segmentation

The global Electronic Document Management System market can be segmented on the basis of deployment, application and region.

By deployment

On premise Cloud based

By application

Government Healthcare Education Legal BFSI Others

Global Electronic Document Management System Market: Competition Landscape

Key Developments

In December 2017, LogicalDOC made further progress by supporting two-factor authentication (2FA) to strengthen document management security, in which YubiKey and Google Authenticator play an important role in its implementation. Two-factor authentication not only protect against credential theft and phishing attacks but it is also recommended for a secure login. It is difficult for hackers to access person’s devices and his online accounts because of advanced security level of Two-factor authentication.

Key Vendors

The key vendors in Electronic Document Management System market are Alfresco One Software, CGI Group Inc., Lucion Technologies, eFileCabinet, Dokmee, MasterControl, Ideagen Plc, Microsoft Corporation, Oracle Corporation, Zoho Corporation, OpenText Corporation, Xerox Corporation and DocSTAR.

Global Electronic Document Management System Market: Regional Outlook

Geographically, the global content delivery network security market can be segmented into North America, Western Europe, Latin America, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.

North America is expected to dominate the Electronic Document Management System market by holding the largest market share, it is a leader in the market being technologically advanced. The region is the early adopter of the new technology; moreover, there is a high awareness on the benefits of EDMS and similar products in this region.

Europe is expected to be the large revenue-generating region in the global Electronic Document Management System market over the forecast period because of the well-developed infrastructure in the field of IT in this region.

Favorable government initiatives and rising penetration of SaaS based solution in Asia Pacific region is expected to have a sharp growth in the Electronic Document Management System Market.

MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.

The report provides the following information:

  • Tailwinds and headwinds molding the market’s trajectory
  • Market segments based on products, technology, and applications
  • Prospects of each segment
  • Overall current and possible future size of the market
  • Growth pace of the market
  • Competitive landscape and key players’ strategies

The main aim of the report is to:

  • Enable key stakeholder’s in the market bet right on it
  • Understand the opportunities and pitfalls awaiting them
  • Assess the overall growth scope in the near term
  • Strategize effectively with respect to production and distribution

MRR.BIZ is a leading provider of strategic market research. Our vast repository consists research reports, data books, company profiles, and regional market data sheets. We regularly update the data and analysis of a wide-ranging products and services around the world. As readers, you will have access to the latest information on almost 300 industries and their sub-segments. Both large Fortune 500 companies and SMEs have found those useful. This is because we customize our offerings keeping in mind the specific requirements of our clients.