Press release
Document Outsource Market Outlook to 2023 – Ricoh, Accenture, HP, Arvato, Xerox, Lexmark International, ABBYY, Canon, Swiss Post, ARC Document Solutions, Konica Minolta
Document Outsource Market
Document outsourcing involves the outsourcing of document processing to a third-party service provider. Document processing service providers convert typed and handwritten text into paper-based electronic documents by using intelligent character recognition (ICR), data entry techniques, and optical character recognition (OCR).
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Technological innovations have brought dramatic changes in the whole process of document processing and due to this many organizations have become increasingly reliant on third-party vendors for managing their document processing services. Furthermore, most organizations don’t have the time or resources to train their employees on new tools and systems. This is where document processing service providers are stepping and helping the organizations with end-to-end solutions. These factors are further projected to contribute to the growth of the global document outsourcing services market through 2020.
Over the next five years, Research Reports Inc. projects that Document Outsource will register a -0.8% CAGR in terms of revenue, reach US$ 14300 million by 2023, from US$ 15000 million in 2017.
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The key manufacturers covered in this report:
Ricoh
Accenture
HP
Arvato
Xerox
Lexmark International
ABBYY
Canon
Swiss Post
ARC Document Solutions
Konica Minolta
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Segmentation by product type:
Market Segments
Market Dynamics
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Segmentation by application:
Small Enterprise
Medium Enterprise
Large Enterprise
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