Supply Chain Ecosystem Analysis now part of DBMR Reports
Market Size in USD Billion
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USD 7.31 Billion |
| USD 16.13 Billion | |
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Global Electronic Records Management Solutions Market, By Solution (Software, Service, Installation and Integration, Consulting, Training), Enterprise Size (Small Enterprises, Medium Enterprises, Large Enterprises), Deployment (Cloud-Based, On-Premises), Application (Government, Medical, Commercial, BFSI, Legal, Education, Others) – Industry Trends and Forecast to 2029.
Electronic records management solution market participants face dynamic shifts in technology, competition, regulatory compliance, and profitability. The added pressure of leaving no room for inefficiency in the management operations of medium and large-scale enterprises has fuelled demand for effective electronic records management solutions.
Data Bridge Market Research analyses that the electronic records management solutions market was valued at USD 7.31 billion in 2021 and is expected to reach the value of USD 16.13 billion by 2029, at a CAGR of 10.40% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014 - 2019)
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Quantitative Units
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Revenue in USD billion, Volumes in Units, Pricing in USD
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Segments Covered
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Solution (Software, Service, Installation and Integration, Consulting, Training), Enterprise Size (Small Enterprises, Medium Enterprises, Large Enterprises), Deployment (Cloud-Based, On-Premises), Application (Government, Medical, Commercial, BFSI, Legal, Education, Others),
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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ASG Technologies (U.S.), BlueCat Networks (U.S.), BMC Software Inc. (U.S.), Cisco Systems Inc. (US.), IBM Corporation (U.S.), Fujitsu (Japan), Hewlett-Packard Company (U.S.), Canon Inc. (Japan), Kodak Alaris Inc (U.K.), Xerox Corporation (U.S.), QorusDocs Ltd. (South Africa), CBSL Group (India), Epson America Inc., (U.S.), Aramex (U.A.E), Newgen Software Technologies Limited (India), Eastman Kodak Company (U.S.)., Aramex (UAE), Adobe (U.S.), Toshiba America Business Solutions Inc. (U.S.)
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Market Opportunities
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Market Definition
An electronic document management system (EDMS) is a piece of software that automates the creation, storage, and control of documents. It is a type of storage system that allows users to store and organise digital or paper documents. Document management, workflow, text retrieval, and imaging are all basic components of electronic document management. In some cases, these systems may also organise scanned digital versions of paper documents.
Drivers
Businesses are concerned about managing, storing, and tracking electronic documents or records. As a result, they are now focusing on electronic records management solutions. Furthermore, this aids in the centralization of disorganised documents and reduces company overhead costs. As the number of businesses increases, so does the demand for electronic records management solutions, which provide coordination and control over the flow of documents in a secure and efficient manner. Furthermore, it aids in data protection, records management, and recovery services, which is expected to drive demand for electronic records management solutions even higher.
The growing adoption of cloud computing technology across various industry sectors is expected to drive growth in the global electronic records management solutions market during the forecast period, owing to electronic records management solutions features such as data sharing via file feeds, high quality web services, and single sign-on across the network. Organizations are increasingly considering transforming modern electronic records management solutions to simplify business processes and assist management in making effective decisions. Processes were traditionally carried out manually, which took a long time and money and was prone to errors due to the manual labour involved. With the advent of electronic records management solutions, businesses can now automate processes, resulting in increased efficiency.
Opportunity
Adoption of advanced technology among enterprises and rising penetration of cloud-based solutions will create numerous opportunities for the electronic records management solutions market during the forecast period.
Restraints
The high cost of on-premises solution maintenance, combined with an increasing number of security breaches, will limit the growth of the electronic records management solutions market during the forecasted period. The primary challenge in market growth will be a lack of skilled ERM personnel.
This electronic records management solutions market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the electronic records management solutions market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
The COVID-19 outbreak had a positive impact on market growth in 2020. This was due to electronic records management solutions allowing businesses to manage and protect their data in the cloud. Furthermore, in order to combat the spread of covid-19, most organisations implemented a work-from-home policy. As a result, the region's global electronic records management solutions market grew in 2020 and 2021 and is expected to grow further during the forecast period. To deal with the pandemic situation, industries adopted various strategies, with electronic records management solutions strategy gaining prominence across organisations.
The electronic records management solutions market is segmented on the basis of solution, enterprise size, deployment, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Solution
Enterprise size
Deployment
Application
The electronic records management solutions market is analysed and market size insights and trends are provided by country, solution, enterprise size, deployment, and application as referenced above.
The countries covered in the electronic records management solutions market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific is a developing region with rising demand for advanced technologies and services, which is propelling the market for electronic records management solutions. An increasing number of IT & telecom, BFSI, and healthcare enterprises generate large amounts of data, propelling the region's electronic records management solutions market. Furthermore, businesses are focusing on cutting-edge technology-driven services that will assist them in centralising their documents, improving the security of their records, and lowering their overhead costs. As a result, Asia Pacific is expected to see the most opportunity addition in the global electronic records management solutions market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
The electronic records management solutions market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to electronic records management solutions market.
Some of the major players operating in the electronic records management solutions market are:
SKU-
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATION
1.6 MARKETS COVERED
2 MARKET SEGMENTATION
2.1 KEY TAKEAWAYS
2.2 ARRIVING AT THE GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET
2.2.1 VENDOR POSITIONING GRID
2.2.2 TECHNOLOGY LIFE LINE CURVE
2.2.3 MARKET GUIDE
2.2.4 COMPANY POSITIONING GRID
2.2.5 MULTIVARIATE MODELLING
2.2.6 STANDARDS OF MEASUREMENT
2.2.7 TOP TO BOTTOM ANALYSIS
2.2.8 VENDOR SHARE ANALYSIS
2.2.9 DATA POINTS FROM KEY PRIMARY INTERVIEWS
2.2.10 DATA POINTS FROM KEY SECONDARY DATABASES
2.3 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET: RESEARCH SNAPSHOT
2.4 ASSUMPTIONS
3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
5.1 CASE STUDIES
5.2 REGULATORY FRAMEWORK
5.3 TECHNOLOGICAL TRENDS
5.4 PRICING ANALYSIS
5.5 VALUE CHAIN ANALYSIS
6 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET, BY OFFERING
6.1 OVERVIEW
6.2 SOFTWARE
6.3 SERVICES
6.3.1 INSTALLATION & INTEGRATION
6.3.2 CONSULTING
6.3.3 TRAINING & MAINTENANCE
7 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET, BY UTILITY
7.1 OVERVIEW
7.2 EMAILS
7.3 WEBSITES
7.4 DIGITAL PURCHASE RECEIPTS
7.5 TEXT MESSAGES
7.6 SOCIAL MEDIA PASTINGS
7.7 DATABASES
7.8 OTHERS
8 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET, BY DEPLOYMENT MODEL
8.1 OVERVIEW
8.2 ON-PREMISES
8.3 CLOUD
9 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET, BY ORGANIZATION SIZE
9.1 OVERVIEW
9.2 SMALL SCALE ORGANIZATIONS
9.3 MEDIUM SCALE ORGANIZATIONS
9.4 LARGE SCALE ORGANIZATIONS
10 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET, BY END-USE
10.1 OVERVIEW
10.2 BFSI
10.2.1 BY OFFERING
10.2.1.1. SOFTWARE
10.2.1.1.1. ON-PREMISES
10.2.1.1.2. CLOUD-BASED
10.2.1.2. SERVICES
10.2.1.2.1. INSTALLATION & INTEGRATION
10.2.1.2.2. CONSULTING
10.2.1.2.3. TRAINING & MAINTENANCE
10.3 RETAIL
10.3.1 BY OFFERING
10.3.1.1. SOFTWARE
10.3.1.1.1. ON-PREMISES
10.3.1.1.2. CLOUD-BASED
10.3.1.2. SERVICES
10.3.1.2.1. INSTALLATION & INTEGRATION
10.3.1.2.2. CONSULTING
10.3.1.2.3. TRAINING & MAINTENANCE
10.4 IT & TELECOM
10.4.1 BY OFFERING
10.4.1.1. SOFTWARE
10.4.1.1.1. ON-PREMISES
10.4.1.1.2. CLOUD-BASED
10.4.1.2. SERVICES
10.4.1.2.1. INSTALLATION & INTEGRATION
10.4.1.2.2. CONSULTING
10.4.1.2.3. TRAINING & MAINTENANCE
10.5 HEALTHCARE
10.5.1 BY OFFERING
10.5.1.1. SOFTWARE
10.5.1.1.1. ON-PREMISES
10.5.1.1.2. CLOUD-BASED
10.5.1.2. SERVICES
10.5.1.2.1. INSTALLATION & INTEGRATION
10.5.1.2.2. CONSULTING
10.5.1.2.3. TRAINING & MAINTENANCE
10.6 TRANSPORTATION & LOGISTICS
10.6.1 BY OFFERING
10.6.1.1. SOFTWARE
10.6.1.1.1. ON-PREMISES
10.6.1.1.2. CLOUD-BASED
10.6.1.2. SERVICES
10.6.1.2.1. INSTALLATION & INTEGRATION
10.6.1.2.2. CONSULTING
10.6.1.2.3. TRAINING & MAINTENANCE
10.7 ENERGY & UTILITIES
10.7.1 BY OFFERING
10.7.1.1. SOFTWARE
10.7.1.1.1. ON-PREMISES
10.7.1.1.2. CLOUD-BASED
10.7.1.2. SERVICES
10.7.1.2.1. INSTALLATION & INTEGRATION
10.7.1.2.2. CONSULTING
10.7.1.2.3. TRAINING & MAINTENANCE
10.8 OTHERS
10.8.1 BY OFFERING
10.8.1.1. SOFTWARE
10.8.1.1.1. ON-PREMISES
10.8.1.1.2. CLOUD-BASED
10.8.1.2. SERVICES
10.8.1.2.1. INSTALLATION & INTEGRATION
10.8.1.2.2. CONSULTING
10.8.1.2.3. TRAINING & MAINTENANCE
11 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET, BY REGION
Global ELECTRONIC RECORDS MANAGEMENT SOLUTIONS Market, (ALL SEGMENTATION PROVIDED ABOVE IS REPRESENTED IN THIS CHAPTER BY COUNTRY)
11.1 NORTH AMERICA
11.1.1 U.S.
11.1.2 CANADA
11.1.3 MEXICO
11.2 EUROPE
11.2.1 GERMANY
11.2.2 FRANCE
11.2.3 U.K.
11.2.4 ITALY
11.2.5 SPAIN
11.2.6 RUSSIA
11.2.7 TURKEY
11.2.8 BELGIUM
11.2.9 NETHERLANDS
11.2.10 SWITZERLAND
11.2.11 REST OF EUROPE
11.3 ASIA PACIFIC
11.3.1 JAPAN
11.3.2 CHINA
11.3.3 SOUTH KOREA
11.3.4 INDIA
11.3.5 AUSTRALIA
11.3.6 SINGAPORE
11.3.7 THAILAND
11.3.8 MALAYSIA
11.3.9 INDONESIA
11.3.10 PHILIPPINES
11.3.11 REST OF ASIA PACIFIC
11.4 SOUTH AMERICA
11.4.1 BRAZIL
11.4.2 ARGENTINA
11.4.3 REST OF SOUTH AMERICA
11.5 MIDDLE EAST AND AFRICA
11.5.1 SOUTH AFRICA
11.5.2 EGYPT
11.5.3 SAUDI ARABIA
11.5.4 U.A.E
11.5.5 ISRAEL
11.5.6 REST OF MIDDLE EAST AND AFRICA
12 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET,COMPANY LANDSCAPE
12.1 COMPANY SHARE ANALYSIS: GLOBAL
12.2 COMPANY SHARE ANALYSIS: NORTH AMERICA
12.3 COMPANY SHARE ANALYSIS: EUROPE
12.4 COMPANY SHARE ANALYSIS: ASIA-PACIFIC
12.5 MERGERS & ACQUISITIONS
12.6 NEW PRODUCT DEVELOPMENT AND APPROVALS
12.7 EXPANSIONS
12.8 REGULATORY CHANGES
12.9 PARTNERSHIP AND OTHER STRATEGIC DEVELOPMENTS
13 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET, SWOT AND DBMR ANALYSIS
14 GLOBAL ELECTRONIC RECORDS MANAGEMENT SOLUTIONS MARKET, COMPANY PROFILE
14.1 ADOBE SYSTEMS INCORPORATED
14.1.1 COMPANY SNAPSHOT
14.1.2 REVENUE ANALYSIS
14.1.3 GEOGRAPHIC PRESENCE
14.1.4 PRODUCT PORTFOLIO
14.1.5 RECENT DEVELOPMENTS
14.2 LUCION TECHNOLOGIES
14.2.1 COMPANY SNAPSHOT
14.2.2 REVENUE ANALYSIS
14.2.3 GEOGRAPHIC PRESENCE
14.2.4 PRODUCT PORTFOLIO
14.2.5 RECENT DEVELOPMENTS
14.3 OPENTEXT CORPORATION
14.3.1 COMPANY SNAPSHOT
14.3.2 REVENUE ANALYSIS
14.3.3 GEOGRAPHIC PRESENCE
14.3.4 PRODUCT PORTFOLIO
14.3.5 RECENT DEVELOPMENTS
14.4 ORACLE CORPORATION
14.4.1 COMPANY SNAPSHOT
14.4.2 REVENUE ANALYSIS
14.4.3 GEOGRAPHIC PRESENCE
14.4.4 PRODUCT PORTFOLIO
14.4.5 RECENT DEVELOPMENTS
14.5 MICROSOFT CORPORATION
14.5.1 COMPANY SNAPSHOT
14.5.2 REVENUE ANALYSIS
14.5.3 GEOGRAPHIC PRESENCE
14.5.4 PRODUCT PORTFOLIO
14.5.5 RECENT DEVELOPMENTS
14.6 ZOHO CORPORATION
14.6.1 COMPANY SNAPSHOT
14.6.2 REVENUE ANALYSIS
14.6.3 GEOGRAPHIC PRESENCE
14.6.4 PRODUCT PORTFOLIO
14.6.5 RECENT DEVELOPMENTS
14.7 DOKMEE CORPORATION
14.7.1 COMPANY SNAPSHOT
14.7.2 REVENUE ANALYSIS
14.7.3 GEOGRAPHIC PRESENCE
14.7.4 PRODUCT PORTFOLIO
14.7.5 RECENT DEVELOPMENTS
14.8 GOOGLE, INC
14.8.1 COMPANY SNAPSHOT
14.8.2 REVENUE ANALYSIS
14.8.3 GEOGRAPHIC PRESENCE
14.8.4 PRODUCT PORTFOLIO
14.8.5 RECENT DEVELOPMENTS
14.9 EPICOR SOFTWARE CORPORATION
14.9.1 COMPANY SNAPSHOT
14.9.2 REVENUE ANALYSIS
14.9.3 GEOGRAPHIC PRESENCE
14.9.4 PRODUCT PORTFOLIO
14.9.5 RECENT DEVELOPMENTS
14.1 HYLAND SOFTWARE, INC
14.10.1 COMPANY SNAPSHOT
14.10.2 REVENUE ANALYSIS
14.10.3 GEOGRAPHIC PRESENCE
14.10.4 PRODUCT PORTFOLIO
14.10.5 RECENT DEVELOPMENTS
14.11 DOCSTAR
14.11.1 COMPANY SNAPSHOT
14.11.2 REVENUE ANALYSIS
14.11.3 GEOGRAPHIC PRESENCE
14.11.4 PRODUCT PORTFOLIO
14.11.5 RECENT DEVELOPMENTS
14.12 ALFRESCO ONE SOFTWARE
14.12.1 COMPANY SNAPSHOT
14.12.2 REVENUE ANALYSIS
14.12.3 GEOGRAPHIC PRESENCE
14.12.4 PRODUCT PORTFOLIO
14.12.5 RECENT DEVELOPMENTS
14.13 IDEAGEN PLC
14.13.1 COMPANY SNAPSHOT
14.13.2 REVENUE ANALYSIS
14.13.3 GEOGRAPHIC PRESENCE
14.13.4 PRODUCT PORTFOLIO
14.13.5 RECENT DEVELOPMENTS
14.14 MASTERCONTROL., INC
14.14.1 COMPANY SNAPSHOT
14.14.2 REVENUE ANALYSIS
14.14.3 GEOGRAPHIC PRESENCE
14.14.4 PRODUCT PORTFOLIO
14.14.5 RECENT DEVELOPMENTS
14.15 EFILECABINET
14.15.1 COMPANY SNAPSHOT
14.15.2 REVENUE ANALYSIS
14.15.3 GEOGRAPHIC PRESENCE
14.15.4 PRODUCT PORTFOLIO
14.15.5 RECENT DEVELOPMENTS
14.16 T-SYSTEMS INTERNATIONAL GMBH
14.16.1 COMPANY SNAPSHOT
14.16.2 REVENUE ANALYSIS
14.16.3 GEOGRAPHIC PRESENCE
14.16.4 PRODUCT PORTFOLIO
14.16.5 RECENT DEVELOPMENTS
14.17 LASERFICHE
14.17.1 COMPANY SNAPSHOT
14.17.2 REVENUE ANALYSIS
14.17.3 GEOGRAPHIC PRESENCE
14.17.4 PRODUCT PORTFOLIO
14.17.5 RECENT DEVELOPMENTS
14.18 IXTENT S.R.O
14.18.1 COMPANY SNAPSHOT
14.18.2 REVENUE ANALYSIS
14.18.3 GEOGRAPHIC PRESENCE
14.18.4 PRODUCT PORTFOLIO
14.18.5 RECENT DEVELOPMENTS
14.19 M-FILES CORPORATION
14.19.1 COMPANY SNAPSHOT
14.19.2 REVENUE ANALYSIS
14.19.3 GEOGRAPHIC PRESENCE
14.19.4 PRODUCT PORTFOLIO
14.19.5 RECENT DEVELOPMENTS
14.2 EPICOR SOFTWARE CORPORATION
14.20.1 COMPANY SNAPSHOT
14.20.2 REVENUE ANALYSIS
14.20.3 GEOGRAPHIC PRESENCE
14.20.4 PRODUCT PORTFOLIO
14.20.5 RECENT DEVELOPMENTS
NOTE: THE COMPANIES PROFILED IS NOT EXHAUSTIVE LIST AND IS AS PER OUR PREVIOUS CLIENT REQUIREMENT. WE PROFILE MORE THAN 100 COMPANIES IN OUR STUDIES AND HENCE THE LIST OF COMPANIES CAN BE MODIFIED OR REPLACED ON REQUEST.
15 CONCLUSION
16 QUESTIONNAIRE
17 RELATED REPORTS
18 ABOUT DATA BRIDGE MARKET RESEARCH
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