Market Overview:
The global document outsourcing services market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market is segmented by type, application, and region. By type, the market is divided into managed print services (MPS), content management services (CMS), and other document outsourcing services. The CMS segment is expected to grow at the highest CAGR during the forecast period owing to the increasing demand for cloud-based solutions and rising need for digitization of documents across enterprises. By application, small enterprise, medium enterprise, and large enterprise are the key segments of the global document outsourcing services market.
Product Definition:
Document outsourcing services is the process of hiring a third party to manage and complete specific business-related tasks that would otherwise be completed in-house. Tasks that are commonly outsourced include document creation, data entry, customer service, and telemarketing.
The benefits of document outsourcing services include cost savings, improved efficiency, and increased flexibility. By outsourcing specific tasks, businesses can save money by not having to hire additional staff or purchase additional equipment. Outsourcing also allows businesses to improve efficiency by handing off time-consuming or complex tasks to a specialist who can complete them more quickly and efficiently than an in-house employee could. Finally, businesses can increase flexibility by choosing which tasks they want to outsource and which ones they want to keep in-house.
Market Segments:
Market Segments, it's usage.
Market segments are the classification of a product or service according to its end-user. It helps organizations to group their products & services based on similar characteristics so that they can be marketed together. Market segmentation is also done on the basis of applications served by an organization such as financial services, insurance, telecommunication & IT etc.
Market Dynamics:
Market dynamics is a tool that helps in analyzing the market for document outsourcing services. It provides information on revenue growth, market share, and demand for key service categories such as education, healthcare & life sciences and BFSI among others. The study also throws light on the opportunities available in this market which may act as future drivers for the industry.
Market dynamics has been gaining importance with growing competition between players leading to change in business strategies.
Application Insights:
The large enterprise segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. The large enterprises are more likely to outsource their document management needs as they have a larger workforce. Furthermore, these organizations need not keep track of numerous files and documents at remote locations; instead, they can maintain them all in one place through document outsourcing services from vendors.
Small enterprise customers usually have fewer employees or operate on a smaller scale; therefore, they find it difficult to manage their own paper workflow or share information across departments within an organization efficiently enough for business continuity purposes. As such, small businesses often turn towards cloud-based solutions that offer flexible pay-as-you go pricing structures along with preloaded software applications for office productivity tools including Microsoft Office 365 and Google Apps for Work & Businesses (GAFB).
Regional Analysis:
The North American region dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to various factors such as increasing outsourcing of business processes, development of IT infrastructure, and rise in cloud computing adoption. Moreover, growing demand for high-quality translations from different application areas has led to an increase in the number of vendors operating within this industry.
The Asia Pacific region is anticipated to witness significant growth over the forecast period owing to a large customer base that includes several medium and large enterprises based out of China as well as India. Furthermore, developing economies such as China are witnessing strong economic growth which will further boost market expansion opportunities for document outsourcing services providers within this region during the forecast period (2018 - 2030). In addition, several global players have entered into partnership agreements with local companies offering translation or interpreting services thereby contributing towards regional market development opportunities during 2018 - 2030 time frame.
Growth Factors:
- Increasing demand for document management and archiving solutions among businesses of all sizes
- Proliferation of digital content and the need to manage it efficiently
- The increasing trend of outsourcing non-core business processes to third-party service providers
- Rapid adoption of cloud-based solutions for document management
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Document Outsourcing Services Market Research Report
By Type
Market Segments, Market Dynamics, Market Size, Supply & Demand, Current Trends/Issues/Challenges, Competition & Companies Involved, Technology, Value Chain
By Application
Small Enterprise, Medium Enterprise, Large Enterprise
By Companies
Ricoh, Accenture, HP, Arvato, Xerox, Lexmark International, ABBYY, Canon, Swiss Post, ARC Document Solutions, Konica Minolta
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Document Outsourcing Services Market Report Segments:
The global Document Outsourcing Services market is segmented on the basis of:
Types
Market Segments, Market Dynamics, Market Size, Supply & Demand, Current Trends/Issues/Challenges, Competition & Companies Involved, Technology, Value Chain
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
Small Enterprise, Medium Enterprise, Large Enterprise
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:
- Ricoh
- Accenture
- HP
- Arvato
- Xerox
- Lexmark International
- ABBYY
- Canon
- Swiss Post
- ARC Document Solutions
- Konica Minolta
Highlights of The Document Outsourcing 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:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Technology
- Value Chain
- By Application:
- Small Enterprise
- Medium Enterprise
- Large Enterprise
- 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 Document Outsourcing 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Document outsourcing services are a type of business service that helps businesses manage and distribute their documents. This can include things like creating and distributing newsletters, creating marketing materials, or compiling information for presentations. Document outsourcing services can also help businesses track the progress of their documents, make changes as needed, and provide feedback to employees on how they are using the documents.
Some of the major companies in the document outsourcing services market are Ricoh, Accenture, HP, Arvato, Xerox, Lexmark International, ABBYY, Canon, Swiss Post, ARC Document Solutions, Konica Minolta.
The document outsourcing services market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Document Outsourcing 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 Document Outsourcing Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Document Outsourcing 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 Document Outsourcing 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 Document Outsourcing Services Market Size & Forecast, 2020-2028
4.5.1 Document Outsourcing Services Market Size and Y-o-Y Growth
4.5.2 Document Outsourcing Services Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Market Segments
5.2.2 Market Dynamics
5.2.3 Market Size
5.2.4 Supply & Demand
5.2.5 Current Trends/Issues/Challenges
5.2.6 Competition & Companies Involved
5.2.7 Technology
5.2.8 Value Chain
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Small Enterprise
6.2.2 Medium Enterprise
6.2.3 Large Enterprise
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Document Outsourcing 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 Document Outsourcing 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Market Segments
9.6.2 Market Dynamics
9.6.3 Market Size
9.6.4 Supply & Demand
9.6.5 Current Trends/Issues/Challenges
9.6.6 Competition & Companies Involved
9.6.7 Technology
9.6.8 Value Chain
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 Market Size Forecast by Applications
9.10.1 Small Enterprise
9.10.2 Medium Enterprise
9.10.3 Large Enterprise
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Market Segments
10.6.2 Market Dynamics
10.6.3 Market Size
10.6.4 Supply & Demand
10.6.5 Current Trends/Issues/Challenges
10.6.6 Competition & Companies Involved
10.6.7 Technology
10.6.8 Value Chain
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 Market Size Forecast by Applications
10.10.1 Small Enterprise
10.10.2 Medium Enterprise
10.10.3 Large Enterprise
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Market Segments
11.6.2 Market Dynamics
11.6.3 Market Size
11.6.4 Supply & Demand
11.6.5 Current Trends/Issues/Challenges
11.6.6 Competition & Companies Involved
11.6.7 Technology
11.6.8 Value Chain
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 Market Size Forecast by Applications
11.10.1 Small Enterprise
11.10.2 Medium Enterprise
11.10.3 Large Enterprise
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Market Segments
12.6.2 Market Dynamics
12.6.3 Market Size
12.6.4 Supply & Demand
12.6.5 Current Trends/Issues/Challenges
12.6.6 Competition & Companies Involved
12.6.7 Technology
12.6.8 Value Chain
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 Market Size Forecast by Applications
12.10.1 Small Enterprise
12.10.2 Medium Enterprise
12.10.3 Large Enterprise
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Market Segments
13.6.2 Market Dynamics
13.6.3 Market Size
13.6.4 Supply & Demand
13.6.5 Current Trends/Issues/Challenges
13.6.6 Competition & Companies Involved
13.6.7 Technology
13.6.8 Value Chain
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) Market Size Forecast by Applications
13.10.1 Small Enterprise
13.10.2 Medium Enterprise
13.10.3 Large Enterprise
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 Document Outsourcing Services Market: Competitive Dashboard
14.2 Global Document Outsourcing Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ricoh
14.3.2 Accenture
14.3.3 HP
14.3.4 Arvato
14.3.5 Xerox
14.3.6 Lexmark International
14.3.7 ABBYY
14.3.8 Canon
14.3.9 Swiss Post
14.3.10 ARC Document Solutions
14.3.11 Konica Minolta
