13.63% CAGR Growth of Document Management Systems (DMS) Market to 2018 Forecasts a New Research Report at ReportsnReports.com

Global Document Management Systems (DMS) Market 2014-2018 is a new research report added to ReportsnReports.com store.

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Dallas, Texas (PRWEB) September 04, 2014

One major trend in the market is the emergence of SaaS-based DMSs. The increasing adoption of SaaS-based models has helped reduce the cost of deploying valuable IT infrastructure, which increases an organization's efficiency. The time involved in task completion will reduce using a DMS as it can be accessed at any time and in any place and by multiple users.

Analysts forecast the Global Document Management Systems market to grow at a CAGR of 13.63 percent over the period 2013-2018. According to the report, one of the main drivers of this market is the need to increase efficiency. Document management enables employees to easily manage and access all structured content and documents using one piece of software. It brings an organization closer to a paperless environment and helps the company take a big step forward in improving employee efficiency and reducing its environmental impact.

Covered in this Report
This report covers the present scenario and the growth prospects of the Global Document Management Systems market for the period 2013-2018. To calculate the market size, the report considers revenue generated from the issue of software and services.

The Global Document Management Systems Market 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global Document Management Systems market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

The report recognizes the following companies as the key players in the Global Document Management Systems Market: EMC Corp., IBM Corp., Microsoft Corp., OpenText Corp. and Oracle Corp.

Other Prominent Vendors in the market are: Alfresco Software, HP, Hyland Software, SpringCM and Xerox.

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Market Driver

  •     Need for Increased Efficiency
  •     For a full, detailed list, view our report

Market Trend

  •     Increased Adoption of SaaS-based Solutions
  •     For a full, detailed list, view our report

Further, the report states that concern over data security is one of the major challenges that the market faces. Data security and privacy are major concerns in any organization. With the deployment of SaaS-based DMS solutions, the data resides in the cloud servers of vendors, which increases the security concerns. There is always a risk of information leakage, which could result in the misuse or manipulation of data. For organizations, data security is a vital aspect of cloud infrastructure and applications.

Key Questions Answered in this Report

  •     What will the market size be in 2018 and what will the growth rate be?
  •     What are the key market trends?
  •     What is driving this market?
  •     What are the challenges to market growth?
  •     Who are the key vendors in this market space?
  •     What are the market opportunities and threats faced by the key vendors?
  •     What are the strengths and weaknesses of the key vendors?

Other SaaS Market Reports:
Global SaaS-based Content Security Market 2014-2018: Analysts forecast the Global SaaS-based Content Security market to grow at a CAGR of 17.60 percent over the period 2013-2018.

Content security solutions can be categorized into three segments: Software, Hardware, and SaaS.

Global SaaS-based Business Intelligence (BI) Market 2014-2018: Analysts forecast the Global SaaS-based BI market to grow at a CAGR of 30.93 percent over the period 2013-2018.

The Global SaaS-based BI market can be segmented on the basis of deployment models such as Private cloud, Public cloud, Community cloud, and Hybrid cloud.

Global SaaS-based CRM Software Market 2014-2018: Analysts forecast the Global SaaS-based CRM Software market will grow at a CAGR of 20.83 percent over the period 2013-2018.

The Global SaaS-based CRM Software market is part of the Global CRM Software market. The report describes the size of the market based on direct revenue generated from the issue of new subscriptions, technical support, and software maintenance.

Global SaaS-based HRM Market 2014-2018: Analysts forecast the Global SaaS-based HRM market will grow at a CAGR of 16.30 percent over the period 2013-2018.

The Global SaaS-based HRM market can be segmented into five divisions: Talent Acquisition, Learning Management, Workforce Management, Recruitment Automation, and Performance and Compensation Benefits.

Global SaaS-based ECM Market 2014-2018: Analysts forecast the Global SaaS-based ECM market will grow at a CAGR of 31.11 percent over the period 2013-2018.

The Global SaaS-based ECM market is a part of Global ECM market. To calculate the market size, the report considers subscription revenue from sales of the following enterprise applications: Document Centric Collaboration, Web Content Management, Document Imaging, Document Management System, and Records Management.

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