Document Outsourcing Market Insights, Emerging Trends, Growth and Forecasts, 2016-2020

In the era of digitalization and information economy, organizations adopt IT solutions for the effective management of large volumes of unorganized enterprise documents. Document management solutions are designed to manage routine files and paper-based documents through digital ECM systems. organizations require quick access to enterprise files and information to streamline workflow and remain competitive in the domestic and international markets. Document management outsourcing services are gaining popularity in the document management business as many firms face difficulties to manage in-house document management software solutions. In-house document management systems require upfront investment to install software and hardware to run document management applications. Organizations also need to spend on IT department such as skilled IT professionals and IT support services to manage in-house document management systems.

Technavio's analysts forecast the global document outsourcing market to grow at a CAGR of 5.5% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global document outsourcing market for 2016-2020. To calculate the market size, we consider revenue generated from the following document management outsourcing services:

-Onsite contracted services

-Statement printing services

-Document process outsourcing (DPO) services

The market is divided into the following segments based on geography:

-Americas

-APAC

-EMEA

Technavio's report, Global Document Outsourcing Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market....