- Published: October 2011
- Region: United States
Record Management Market in the US 2010-2014
- Published: February 2012
- Region: United States
- 26 pages
TechNavio’s analysts forecast the Record Management market in the US to grow at a CAGR 13.8 percent over the period 2010–2014. One of the key factors contributing to this market growth is the need to meet the US Government’s regulations. The Record Management market in the US has also been witnessing emergence of integrated record management. However, lack of commitment from top management could pose a challenge to the growth of this market.
TechNavio’s report, the Record Management Market in the US 2010–2014, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report focuses on the US; it also covers the US Record Management market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Hewlett-Packard Co., EMC Corp., IBM Corp. and Open Text Corp.
Key questions answered in this report:
What will the market size be in 2014 and at what rate will it grow?
What key trends is this market subject to?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the opportunities and threats faced by each of these key vendors?
What are the strengths and weaknesses of each of these key vendors?
TechNavio Announces the Publication of its Report – Record Management Market in the US 2010–2014
TechNavio today published its report Record Management Market in the US 2010–2014 based on an in-depth study. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Enterprise Applications team said, “The US Government has passed stringent regulations, such as the SOX Act for large enterprises, for effective and transparent management. Record management software helps those large organizations to meet the compliance requirement by providing effective and efficient record management. Regardless of their size, organizations are required to disclose information and documents such as specific compliance, auditing, and retention needs for litigation purposes.”
According to the report, integration of record management with Microsoft Office and other infrastructure applications is one of the major trends in the market. The increasing adoption of infrastructure applications such as instant messaging, email, and enterprise social networks creates demand for integrated record management. Increasing adoption of infrastructure application increases the risk of record management scalability, and amount of data handling which in-turn create demand for integrated record management software.
The report also discusses the various challenges faced by this market including low return on investment.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
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01. Executive Summary
03. Market Coverage
04. Market Landscape
05. Vendor Landscape
06. Market Growth Drivers
07. Market Challenges
08. Market Trends
09. Key Vendor Analysis
09.1 Hewlett-Packard Co.
09.2 EMC Corp.
09.3 IBM Corp.
09.4 Open Text Corp.
10. Other Reports in this Series
List of Exhibits:
Exhibit 1: Record Management Market in the US 2010–2014 (US$ million)
Exhibit 2: Record Management market in the US by Vendor Segmentation 2010
-Open Text Corp.