Document Management Systems - Global Market Trajectory & Analytics

Global Document Management Systems Market to Reach $8.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Document Management Systems estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$8.8 Billion by 2027, growing at a CAGR of 12.1% over the period 2020-2027.



The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 11.6% CAGR

The Document Management Systems market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 11.6% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.6% and 10.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 8.8% CAGR.

Select Competitors (Total 38 Featured):

• Alfresco Software, Inc.
• Asite Ltd.
• Dell EMC
• Ecrion Software, Inc.
• FileHold Systems Inc.
• Hewlett-Packard Development Company LP
• Hyland Software, Inc.
• IBM Corporation
• inFORM Decisions
• LogicalDOC.
• Microsoft Corporation
• Nextide
• OpenText Corporation
• Oracle Corporation
• SmartFile
• Synergis Technologies, LLC
• Trace Applications Inc.
• Xerox Corporation