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Output Management Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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    Report

  • 146 Pages
  • September 2023
  • Region: Global
  • IMARC Group
  • ID: 5682381
UP TO OFF until Dec 31st 2023

Quick Summary:

As the Information Technology sector is growing worldwide, the role of Output Management Software (OMS) is becoming increasingly crucial for organizations looking to maximize efficiency and streamline their operations. OMS automates and centralizes document management, linking software applications to digital channels, and reducing unnecessary paperwork. With its application in industries ranging from healthcare to banking, financial services, and insurance (BFSI), it serves as a robust platform for enhancing administrative efficiency by integrating workflow systems.

OMS plays a pivotal role in cost-efficiency and productivity enhancement for organizations by expanding their network of printing tools, thereby eliminating the need for additional printing devices across divisions. It has seen a boost from increasing adoption within the healthcare sector, healthcare centers using OMS solutions to provide smooth access to large data amounts and ensure seamless delivery of system-generated documents. This, coupled with a growing trend towards outsourcing solutions and preference for paperless operations, drives the output management software market's visibility and growth, making it a sound investment.

The global output management software market size reached US$ 9.9 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 11.4 Billion by 2028, exhibiting a growth rate (CAGR) of 2.2% during 2023-2028.

Output management software (OMS) is an application-based tool that is used by organizations to automate and centralize document management. It links software applications to digital channels, such as emails and portals, to minimize the paperwork and needless printing of documents. The output from applications, such as customer relationship management (CRM) and enterprise resource planning (ERP) can be forwarded to a printer or a web-based document processor at any desired destination. OMS aids in enhancing the efficiency of administrative tasks by integrating workflow management systems, owing to which it finds extensive applications across various industries, including healthcare, education, banking, financial services and insurance (BFSI) and information technology (IT).

The growing information technology (IT) industry, along with the emerging trend of automation across the globe, represent as the key factors driving the growth of the market. The OMS makes it convenient for organizations to expand the network of their printing tools for producing, managing and distributing the business output information across various locations. This eliminates the requirement for additional printing devices across multiple organizational departments, thereby enhancing the cost-efficiency and productivity of the organization. Furthermore, increasing product adoption in the healthcare sector is also providing a boost to the market growth. OMS solutions are employed in various healthcare centers to assist clinicians in gaining convenient access to large amounts of data and ensure the seamless delivery of system-generated documents to the patients. Other factors, such as outsourcing of these solutions and shifting consumer preference toward paperless operations, are also projected to drive the market further.

Key Market Segmentation:

The publisher provides an analysis of the key trends in each sub-segment of the global output management software market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on component, deployment type, organization size and vertical.

Breakup by Component:

  • Solutions
  • Services

Breakup by Deployment Type:

  • Cloud-based
  • On-premises

Breakup by Organization Size:

  • Large Enterprises
  • Small and Medium Enterprises

Breakup by Vertical:

  • BFSI
  • Manufacturing
  • Healthcare
  • Education
  • Others

Breakup by Region:

  • North America
  • United States
  • Canada
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
  • Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
  • Latin America
  • Brazil
  • Mexico
  • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Broadcom Inc., DocPath Corporation, HP Development Company, Kyocera Corporation, LBM Systems, Levi Ray & Shoup Inc., Lexmark International, Quadient, Plus Technologies LLC, Ricoh Company, Rochester Software Associates Inc., etc.

Key Questions Answered in This Report

1. What was the size of the global output management software market in 2022?
2. What is the expected growth rate of the global output management software market during 2023-2028?
3. What are the key factors driving the global output management software market?
4. What has been the impact of COVID-19 on the global output management software market?
5. What is the breakup of the global output management software market based on the component?
6. What is the breakup of the global output management software market based on the vertical?
7. What are the key regions in the global output management software market?
8. Who are the key players/companies in the global output management software market?
Frequently Asked Questions about the Global Output Management Software Market

What is the estimated value of the Global Output Management Software Market?

The Global Output Management Software Market was estimated to be valued at $9.9 Billion in 2022.

What is the growth rate of the Global Output Management Software Market?

The growth rate of the Global Output Management Software Market is 2.4%, with an estimated value of $11.4 Billion by 2028.

What is the forecasted size of the Global Output Management Software Market?

The Global Output Management Software Market is estimated to be worth $11.4 Billion by 2028.

Who are the key companies in the Global Output Management Software Market?

Key companies in the Global Output Management Software Market include Broadcom Inc., DocPath Corporation, HP Development Company, Kyocera Corporation, LBM Systems, Levi Ray & Shoup Inc., Lexmark International, Quadient, Plus Technologies LLC and Ricoh Company.

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Output Management Software Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Solutions
6.1.1 Market Trends
6.1.2 Key Functionalities
6.1.2.1 Online Report Viewing
6.1.2.2 Flexible Report Distribution
6.1.2.3 Subject Indexing
6.1.2.4 Others
6.1.3 Market Forecast
6.2 Services
6.2.1 Market Trends
6.2.2 Key Services
6.2.2.1 Implementation and Integration
6.2.2.2 Training and Education
6.2.2.3 Support and Maintenance
6.2.2.4 Others
6.2.3 Market Forecast
7 Market Breakup by Deployment Type
7.1 Cloud-based
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 On-premises
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Organization Size
8.1 Large Enterprises
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Small and Medium Enterprises
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Vertical
9.1 BFSI
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Manufacturing
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Healthcare
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Education
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Broadcom Inc.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 DocPath Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 HP Development Company
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4 Kyocera Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 LBM Systems
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Levi Ray & Shoup Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Lexmark International
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 SWOT Analysis
15.3.8 Quadient
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 Plus Technologies LLC
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Ricoh Company
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.10.4 SWOT Analysis
15.3.11 Rochester Software Associates Inc.
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio

Companies Mentioned

  • Broadcom Inc.
  • DocPath Corporation
  • HP Development Company
  • Kyocera Corporation
  • LBM Systems
  • Levi Ray & Shoup Inc.
  • Lexmark International
  • Quadient
  • Plus Technologies LLC
  • Ricoh Company
  • Rochester Software Associates Inc.

Methodology

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