Market Research Report
Document Management Systems
|Published by||Global Industry Analysts, Inc.||Product code||947267|
|Published||Content info||100 Pages
Delivery time: 1-2 business days
|Document Management Systems|
|Published: July 1, 2020||Content info: 100 Pages||
Global Document Management Systems Market to Reach $8.8 Billion by 2027
Amid the COVID-19 crisis, the global market for Document Management Systems estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$8.8 Billion by 2027, growing at a CAGR of 12.1% over the period 2020-2027.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 11.6% CAGR
The Document Management Systems market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 11.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.6% and 10.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.We bring years of research experience to this 7th edition of our report. The 100-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others,