Market Overview:
The global enterprise document management systems market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for cloud-based solutions and the growing need for efficient document management among enterprises of all sizes. On-premise solutions are still preferred by many large enterprises due to concerns about data security and privacy. However, cloud-based solutions are gaining traction due to their lower cost, scalability, and ease of deployment and use. SMEs are expected to account for the majority of the growth in this market during the forecast period as they move away from traditional methods such as file servers and email attachments towards more efficient document management systems. Regionally, North America is expected to lead the market in terms of revenue during the forecast period followed by Europe and Asia Pacific respectively.
Product Definition:
An Enterprise Document Management System (EDMS) is a software system that enables an organization to capture, manage, store, preserve and share all of its electronic documents. The importance of an EDMS cannot be overstated. Organizations rely on electronic documents for virtually everything they do - from communicating with customers and partners to creating products and services. By having a single system in place for managing all of these documents, organizations can improve efficiency and reduce costs by eliminating the need to search for information across multiple disparate systems.
On-premise:
On-premise is a term used to define software and data that are stored and operated from the originating server on the user's premises. The term can be used in two ways; either it refers to the physical location of where the software or data is stored or it can also mean that all information exists within an organization's private network.
Cloud-based:
Cloud-based is a term used to define software or applications that are hosted by a third party on their server and can be accessed over the internet. The data or application can be remotely accessed without the need for installing any additional software on the user’s system. Cloud-based services offer benefits such as increased efficiency, cost effectiveness, and flexibility of use to organizations of all sizes.
Application Insights:
The software is used by SMEs to store, organize and manage their documents. The segment accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to factors such as a high number of small businesses in North America and Europe as compared to Asia Pacific. Furthermore, companies such as Box are providing free storage options for enterprise-level E-DMS solutions with up to 5GB of free storage for each document uploaded through collaboration features within business applications integrated withBox¢â‚¬â„¢s cloud infrastructure.
Large enterprises are increasingly adopting digital tools that enable themto access their data from multiple devices, share information across departments efficientlyand create reliable archives of important documents without relying on third partiesfor managing paper files or maintaining custody of physical assets (such ashardware).
Regional Analysis:
North America dominated the global enterprise document management systems market in 2017. North America has been witnessing an increasing number of digitalization initiatives by governments and other organizations to ensure high-quality standards in various industries. This is expected to drive the adoption of enterprise content management solutions, which would subsequently propel growth over the forecast period.
The Asia Pacific region is anticipated to witness significant growth over the next eight years owing to factors such as growing penetration of internet users, rising awareness about e-government initiatives and rapid technological advancements across several sectors including healthcare, legal services, banking & financial services among others. Furthermore, a large number of SMEs operating in emerging economies such as China and India are increasingly adopting cloud-based EMDMS for efficient collaboration across departments and improved productivity levels within businesses thereby driving regional demand over the forecast period.
Growth Factors:
- Increasing demand for paperless office: The increasing trend of going paperless is one of the primary growth drivers for the enterprise document management systems market. Organizations are increasingly adopting various document management systems to manage their documents electronically, thus eliminating the need for printing and storing physical copies of documents. This helps organizations save time and money, and also reduces environmental impact.
- Proliferation of mobile devices: The proliferation of mobile devices has led to an increase in the number of users who want to access their documents from anywhere at any time. This has resulted in a growing demand for enterprise document management systems that offer mobile access capabilities. Document management system providers are responding to this demand by developing mobile apps that allow users to view, edit, and share documents on the go.
- Growing need for compliance and security: With data breaches becoming more common, organizations are increasingly looking for document management solutions that provide enhanced security features such as user authentication, password protection, and encryption algorithms. In addition, many organizations are required by law to maintain certain levels of data security and compliance with government regulations such as HIPAA or Sarbanes-Oxley Act (SOX). Document management system providers are responding to this demand by developing solutions that offer enhanced security features as well as compliance reporting capabilities.. 4) Rising adoption of cloud-based solutions: Cloud-based solutions have become popular among enterprises due to their scalability, flexibility ,and cost-effectiveness . Many document management system providers
Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Document Management Systems Market Research Report
By Type
On-premise, Cloud-based
By Application
SMEs, Large Enterprises
By Companies
Ademero, Adobe Systems Incorporated, Ascensio System SIA, Blue Project Software, Box, Dropbox Business, eFileCabinet, Evernote Corporation, Google, Konica Minolta, LSSP, Lucion Technologies, M-Files, Microsoft Corporation, Nuance, Officegemini, Salesforce, Speedy Solutions, Zoho Corporation
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
220
Number of Tables & Figures
154
Customization Available
Yes, the report can be customized as per your need.
Global Enterprise Document Management Systems Market Report Segments:
The global Enterprise Document Management Systems market is segmented on the basis of:
Types
On-premise, Cloud-based
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
SMEs, Large Enterprises
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:
- Ademero
- Adobe Systems Incorporated
- Ascensio System SIA
- Blue Project Software
- Box
- Dropbox Business
- eFileCabinet
- Evernote Corporation
- Google
- Konica Minolta
- LSSP
- Lucion Technologies
- M-Files
- Microsoft Corporation
- Nuance
- Officegemini
- Salesforce
- Speedy Solutions
- Zoho Corporation
Highlights of The Enterprise Document Management Systems 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:
- On-premise
- Cloud-based
- By Application:
- SMEs
- Large Enterprises
- 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 Enterprise Document Management Systems 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.
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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?
Enterprise document management systems (EDMS) are software applications that help organizations manage and store documents electronically. EDMS can automate the process of creating, managing, sharing, and tracking documents across an organization.
Some of the key players operating in the enterprise document management systems market are Ademero, Adobe Systems Incorporated, Ascensio System SIA, Blue Project Software, Box, Dropbox Business, eFileCabinet, Evernote Corporation, Google, Konica Minolta, LSSP, Lucion Technologies, M-Files, Microsoft Corporation, Nuance, Officegemini, Salesforce, Speedy Solutions, Zoho Corporation.
The enterprise document management systems market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Enterprise Document Management Systems 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 Enterprise Document Management Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Enterprise Document Management Systems 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 Enterprise Document Management Systems 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 Enterprise Document Management Systems Market Size & Forecast, 2018-2028
4.5.1 Enterprise Document Management Systems Market Size and Y-o-Y Growth
4.5.2 Enterprise Document Management Systems Market Absolute $ Opportunity
Chapter 5 Global Enterprise Document Management Systems 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 Enterprise Document Management Systems Market Size Forecast by Type
5.2.1 On-premise
5.2.2 Cloud-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Enterprise Document Management Systems 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 Enterprise Document Management Systems Market Size Forecast by Applications
6.2.1 SMEs
6.2.2 Large Enterprises
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Enterprise Document Management Systems 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 Enterprise Document Management Systems 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 Enterprise Document Management Systems Analysis and Forecast
9.1 Introduction
9.2 North America Enterprise Document Management Systems 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 Enterprise Document Management Systems Market Size Forecast by Type
9.6.1 On-premise
9.6.2 Cloud-based
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 Enterprise Document Management Systems Market Size Forecast by Applications
9.10.1 SMEs
9.10.2 Large Enterprises
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 Enterprise Document Management Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Enterprise Document Management Systems 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 Enterprise Document Management Systems Market Size Forecast by Type
10.6.1 On-premise
10.6.2 Cloud-based
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 Enterprise Document Management Systems Market Size Forecast by Applications
10.10.1 SMEs
10.10.2 Large Enterprises
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 Enterprise Document Management Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Enterprise Document Management Systems 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 Enterprise Document Management Systems Market Size Forecast by Type
11.6.1 On-premise
11.6.2 Cloud-based
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 Enterprise Document Management Systems Market Size Forecast by Applications
11.10.1 SMEs
11.10.2 Large Enterprises
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 Enterprise Document Management Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Enterprise Document Management Systems 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 Enterprise Document Management Systems Market Size Forecast by Type
12.6.1 On-premise
12.6.2 Cloud-based
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 Enterprise Document Management Systems Market Size Forecast by Applications
12.10.1 SMEs
12.10.2 Large Enterprises
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) Enterprise Document Management Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Enterprise Document Management Systems 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) Enterprise Document Management Systems Market Size Forecast by Type
13.6.1 On-premise
13.6.2 Cloud-based
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) Enterprise Document Management Systems Market Size Forecast by Applications
13.10.1 SMEs
13.10.2 Large Enterprises
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 Enterprise Document Management Systems Market: Competitive Dashboard
14.2 Global Enterprise Document Management Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ademero
14.3.2 Adobe Systems Incorporated
14.3.3 Ascensio System SIA
14.3.4 Blue Project Software
14.3.5 Box
14.3.6 Dropbox Business
14.3.7 eFileCabinet
14.3.8 Evernote Corporation
14.3.9 Google
14.3.10 Konica Minolta
14.3.11 LSSP
14.3.12 Lucion Technologies
14.3.13 M-Files
14.3.14 Microsoft Corporation
14.3.15 Nuance
14.3.16 Officegemini
14.3.17 Salesforce
14.3.18 Speedy Solutions
14.3.19 Zoho Corporation
