AdvanceMarketAnalytics follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Key Players of Document Management Market Study:
Opentext (Canada), Xerox (United States), IBM (United States), Canon Solutions America (United States), Hyland (United States), Oracle (United States), Ricoh Company (Japan), M-Files (United States), Efilecabinet (United States) and Newgen Software (India)
In the last few years, Global market of Document Management developed rapidly, with an average growth rate of 11.4% . Major factors driving the market are Increasing need to streamline business operations
Latest Industry Highlights:
OpenText, a global leader in Enterprise Information Management (EIM), announced the launch of OpenText Release 16 Enhancement Pack 5 (EP5),, OpenText Business Network Cloud 16.10, and a series of new SaaS-based applications for the legal, life sciences and HR markets on its next-generation cloud platform, OT2.
Some of the other players that are also part of study are Alfresco (United States), Springcm (United States), Maxxvault (United States), Docuware (Germany) and Docstar (United States).
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Document Management market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Document Management market.
Identification of total players or companies operating in the global market which is further concentrated to a fewer or most impacting players which is considered under the reports scope. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Document Management Industry Investors, Document Management system Providers/Vendors, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Product Suppliers/ Buyers, Research Institutes, Original Equipment Manufacturer, Component Supplier, Distributors, Government Body & Associations and End-user.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.