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.
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Industry Major Market Players