Press release
Electronic Document Management System Market Key Information By Top Leading Player Adobe Systems Incorporated, Alfresco One Software, CGI Group Inc., DocSTAR, Dropbox Business, Dokmee, eFileCabinet, Google, Ideagen Plc, Lucion Technologies, MasterControl,
Electronic Document Management
Global Electronic Document Management System Market Research Report for the period of 2017-2024 that shows the growth of the market is rising at a 15% CAGR to 2024.
Electronic Document Management System Market is set to exceed USD 6 billion by 2024; according to a new research report. Rise in adoption of cloud computing, BYOD trend, penetration of SaaS based solutions and Big Data are expected to drive electronic document management system market growth. Such solutions enable organizations to streamline workflow and efficiently handle their documentation needs, thereby improving individual productivity and enable organizations to centralize unstructured content and extract business related information quickly and effectively. It controls the creation, duplication, deletion and distribution of document digitally. Moreover, aids in controlling multiple versions of the same document and provides federated searches.
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Demand for EDMS solutions in medical applications is expected to exhibit significant growth over the forecast period. This can be attributed to the need for automation and digitization in the healthcare center and the need to improve clinical efficiency and quality of healthcare systems. Increasing adoption of health information management systems such as Electronic Medical Record (EMR), Health Information Management (HIM), Radiology Information System (RIS) and Picture Archiving and Communication System (PACS drive growth of medical electronic document management system market.
The rise in demand for document retention as a result of stringent rules and regulations governing the storage of company records is benefitting the global electronic document management system market. Increase in the formation of new businesses has also led to the steep demand for such solutions as they provide co-ordination and control over flow of documents in a protective and efficient manner. Key benefits of EDMS include data protection, information destruction, records management and recovery services.
Software providers in the electronic document management system market offer desktop solutions, network/server-based and cloud-based solutions to capture and manage their business documentation needs. The core implementation team consists of application developers, project managers and coordinators. Collaboration between software developers and service providers add capabilities to coalesce on a common platform and embed functions into the document management solution. Service providers offer means for implementing EDMS into the actual workplace. In addition to installation, they also provide integration services with the organization's workflow, as well as training and consulting services for smooth functioning of the system.
Major industry verticals deploying such solutions include government, medical, commercial, BFSI, legal and education. A strong growth opportunity for the electronic document management system market can be witnessed in the medical field, wherein the regulatory requirements and adoption of health-related ERP systems are driving growth. Incentives are offered to healthcare providers to digitize their records.
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Key players in the electronic document management system market include Adobe Systems Incorporated, Alfresco One Software, CGI Group Inc., DocSTAR, Dropbox Business, Dokmee, eFileCabinet, Google, Ideagen Plc, Lucion Technologies, MasterControl, Microsoft Corporation, Oracle Corporation, Zoho Corporation. The players are investing in R&D to develop new technologies that make the solution interoperable and easily integrate with other IT platforms.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Electronic Document Management System Industry Insights
Chapter 4. Electronic Document Management System Market, By Solution
Chapter 5. Electronic Document Management System Market, By Deployment Model
Chapter 6. Electronic Document Management System Market, By Application
Chapter 7. Electronic Document Management System Market, By Region
Chapter 8. Company Profiles
More Details on this Report At: https://www.marketstudyreport.com/reports/electronic-document-management-system-market
Related Report:
Global Medical Document Management System Market Size, Status and Forecast 2025
This report studies the global Medical Document Management System market, analyzes and researches the Medical Document Management System development status and forecast in United States, EU, Japan, China, India and Southeast Asia.
https://www.marketstudyreport.com/reports/global-medical-document-management-system-market-size-status-and-forecast-2025/?utm_source=RR-PSR
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