Information & Records Management Services Market Size, Share Global Analysis Report, 2018 – 2027

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Information & Records Management Services Market By Offerings (Digitization, Cloud Storage, Shredding, and Physical Storage), By Organization Size (Large Enterprises and Small & Medium-sized Enterprises), and By Verticals (BFSI (Banking, Financial Services and Insurance), Hospitability, Automotive, Government, Transportation, Media & Entertainment, IT & Telecom, Retail, Healthcare, and Law Firms): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2027

Industry Insights

The report covers the forecast and analysis of the information & records management services market on a global and regional level. The study provides historical data from 2013 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the information & records management services market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the information & records management services market on a global level.

In order to give the users of this report a comprehensive view of the information & records management services market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the information & records management services market by segmenting the market based on the offerings, organization size, verticals, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The growing significance of retaining historical records of the firm along with the constant acceptance of paperless solutions are the major aspects steering the demand for document management system in the manufacturing and healthcare sectors. With electronic data storage activities resulting in reduced operational costs as well as streamlined document storage, the market for information & record management services is likely to gain traction over the forecast period. In addition to this, the growing adoption of cloud computing technologies by firms has assisted them in designing outstanding document management systems, thereby generating a humungous demand for information & record management services in recent years. 

Based on the offerings, the industry is divided into Digitization, Cloud Storage, Shredding, and Physical Storage. On the basis of organization size, the market is classified into Large Enterprises and Small & Medium-sized Enterprises. In terms of verticals, the industry is divided into BFSI (Banking, Financial Services, and Insurance), Hospitability, Automotive, Government, Transportation, Media & Entertainment, IT & Telecom, Retail, Healthcare, and Law Firms.

Industry Major Market Players

  • AGS,
  • Restore plc,
  • Cube Records Management Services,
  • EDM Group Limited,
  • Data Keeping Service Co. Ltd.,
  • FS Records,
  • Iron Mountain Incorporated,
  • SRM,
  • IKON BPS Pvt Ltd.,
  • Mitex International (H.K.)Ltd.,
  • Starbic Business Solutions Pvt. Ltd.Wanbishi Archives Co. Ltd

Frequently Asked Questions

Strict enforcement of laws by government authorities mandating Information & Records Management Services Market.
According to Facts and Factors research report, the global Information & Records Management Services Market accrued earnings worth approximately XX (USD Billion) in 2020 and is predicted to gain revenue of about XX(USD Billion) by 2028, is set to record a CAGR of nearly XX% over the period from 2021 to 2028.
North America will contribute lucratively towards the global market value over the estimated timeline. The regional market surge is subject to large-scale presence of giant participants in countries such as the U.S. Apart from this, favorable compensation policies along with high acceptance of new Information & Records Management Services Market will drive regional market trends. With regional governments enforcing strict laws pertaining to drug abuse, the market for Information & Records Management Services Market in North America is set to witness exponential growth over years to come. Legalization of cannabis in countries such as Canada and U.S. through passing of acts in parliament is likely to enlarge scope of Information & Records Management Services Market in North America over coming decade.