Market Overview:
The global digital mailroom services market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for automated digital mailroom services and the rising need for cost-effective and efficient communication solutions. The market is segmented on the basis of type, application, and region. On the basis of type, it is divided into manual and automated digital mailroom services. Automated digital mailroom services are further classified into standalone systems and integrated systems. By application, it is segmented into BFSI, automotive, government, hospitality, healthcare, retail & ecommerce., education & research institutes., telecom service providers., media & entertainment companies., others (manufacturing sector).
Product Definition:
Digital mailroom services is the process of managing and organizing incoming and outgoing mail electronically. This can include scanning and indexing documents, automating workflow processes, and providing secure storage. Digital mailroom services can improve efficiency by automating manual tasks, reducing the need for paper-based communication, and improving access to information.
Manual:
Manual is a system that was developed to replace the labor-intensive tasks of processing mail and delivering it to the customers. The manual system has been in use since 1853, when it was introduced by American Post Office Department. In those days, there were no computers or automated systems for processing or delivery of mails; instead, there was a manual process from collecting the mail from letter carriers and then sorting through it all with scissors to deliverance.
Automated:
Automated solutions are used to process and route incoming and outgoing email. These solutions help in reducing manual processing errors that may occur while processing a large volume of emails. Incoming messages are received by the system, processed, analyzed, and sent back to the user with a response or action taken as per the requirement. Outgoing messages are automatically generated based on rules set by service providers which is helpful for businesses that require automated messaging services along with their email address books.
Application Insights:
The BFSI application segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growing e-commerce industry has led to an increased need for efficient distribution channels, which is further driving the demand for digital mailroom services in this sector. Moreover, with rising penetration of smartphones and internet connections at a global level, online retailers are looking forward to offering their products across the globe thereby increasing demand further.
The automotive application segment was valued over USD 400 million in 2017 and is expected to grow at a significant rate during the forecast period. The growth can be attributed to factors such as rising consumer preference towards luxury vehicles; rapid urbanization; technological advancements that have made it possible for cars manufactured just two decades ago to drive on highways of present times; changing lifestyle along with new transportation options such as helicopters etc.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing e-commerce sales and growing adoption of digital technologies by enterprises. Furthermore, high demand for efficient warehouse management solutions is expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising internet penetration and rapid development of online shopping websites in countries such as China, India, Japan, South Korea & Australia among others are driving industry expansion across this region. Moreover, increasing number of BFSI companies opting for e-commerce platforms due to benefits offered by it including easy payment options and delivery tracking services is further propelling industry expansion across this sector in Asia Pacific thereby driving overall industry demand across this region during the forecast period from 2018 To 2030 (See Figure 1).
Growth Factors:
- Increasing demand for paperless office: The increasing demand for paperless office is one of the major growth drivers for the digital mailroom services market. With the help of digital mailroom services, organizations can manage and process their incoming and outgoing mails electronically, which helps in reducing the use of paper and improving operational efficiency.
- Proliferation of mobile devices: The proliferation of mobile devices has led to an increase in the number of people who are accessing information through handheld devices. This has resulted in a rise in the demand for digital mailroom services that offer mobile access to users so that they can easily manage their mails from anywhere at any time.
- Growing need for cost-effective solutions: Organizations are looking for cost-effective solutions to improve their operational efficiency and reduce costs associated with processing physical mails manually. Digital mailroom services offer such solutions by automating various tasks related to managing and processing mails electronically, thus helping organizations save time and money.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Mailroom Services Market Research Report
By Type
Manual, Automated
By Application
BFSI, Automotive, Government, Hospitality, Healthcare, Others
By Companies
Iron Mountain, EDM Group, Xerox, Alaris, Kofax, Datamark, Swiss Post Solutions, Revolution Data Systems, Data Capture Solutions, Konica Minolta, MetaSource
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Digital Mailroom Services Market Report Segments:
The global Digital Mailroom Services market is segmented on the basis of:
Types
Manual, Automated
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Automotive, Government, Hospitality, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Iron Mountain
- EDM Group
- Xerox
- Alaris
- Kofax
- Datamark
- Swiss Post Solutions
- Revolution Data Systems
- Data Capture Solutions
- Konica Minolta
- MetaSource
Highlights of The Digital Mailroom Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Manual
- Automated
- By Application:
- BFSI
- Automotive
- Government
- Hospitality
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Mailroom Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital Mailroom Services (DMS) is a suite of software that helps organizations manage email and other digital communications. It includes tools for managing email, calendars, contacts, files, and more. DMS can help you keep your emails organized and compliant with corporate policies.
Some of the major companies in the digital mailroom services market are Iron Mountain, EDM Group, Xerox, Alaris, Kofax, Datamark, Swiss Post Solutions, Revolution Data Systems, Data Capture Solutions, Konica Minolta, MetaSource.
The digital mailroom services market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Mailroom Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Mailroom Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Mailroom Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Mailroom Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Mailroom Services Market Size & Forecast, 2018-2028
4.5.1 Digital Mailroom Services Market Size and Y-o-Y Growth
4.5.2 Digital Mailroom Services Market Absolute $ Opportunity
Chapter 5 Global Digital Mailroom Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Mailroom Services Market Size Forecast by Type
5.2.1 Manual
5.2.2 Automated
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Mailroom Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Mailroom Services Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Automotive
6.2.3 Government
6.2.4 Hospitality
6.2.5 Healthcare
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Mailroom Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Mailroom Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Mailroom Services Analysis and Forecast
9.1 Introduction
9.2 North America Digital Mailroom Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Mailroom Services Market Size Forecast by Type
9.6.1 Manual
9.6.2 Automated
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Mailroom Services Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Automotive
9.10.3 Government
9.10.4 Hospitality
9.10.5 Healthcare
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Mailroom Services Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Mailroom Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Mailroom Services Market Size Forecast by Type
10.6.1 Manual
10.6.2 Automated
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Mailroom Services Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Automotive
10.10.3 Government
10.10.4 Hospitality
10.10.5 Healthcare
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Mailroom Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Mailroom Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Mailroom Services Market Size Forecast by Type
11.6.1 Manual
11.6.2 Automated
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Mailroom Services Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Automotive
11.10.3 Government
11.10.4 Hospitality
11.10.5 Healthcare
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Mailroom Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Mailroom Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Mailroom Services Market Size Forecast by Type
12.6.1 Manual
12.6.2 Automated
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Mailroom Services Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Automotive
12.10.3 Government
12.10.4 Hospitality
12.10.5 Healthcare
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Mailroom Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Mailroom Services Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Mailroom Services Market Size Forecast by Type
13.6.1 Manual
13.6.2 Automated
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Mailroom Services Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Automotive
13.10.3 Government
13.10.4 Hospitality
13.10.5 Healthcare
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Mailroom Services Market: Competitive Dashboard
14.2 Global Digital Mailroom Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Iron Mountain
14.3.2 EDM Group
14.3.3 Xerox
14.3.4 Alaris
14.3.5 Kofax
14.3.6 Datamark
14.3.7 Swiss Post Solutions
14.3.8 Revolution Data Systems
14.3.9 Data Capture Solutions
14.3.10 Konica Minolta
14.3.11 MetaSource
