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).
The global document outsourcing services market is anticipated to expand at a single-digit CAGR over the next five years. Increasing demand for end-to-end document outsourcing services is projected to be the key factor for the growth of this market. Other key factors for the growth of this market include decreasing print volumes, increasing demand for new technologies, and a focus on reducing the operational costs.
Globally, organisations are understanding the importance of having a seamless process for business processes so that they can get maximum productivity from their resources. Organisations around the world are banking on the expertise of third-party service providers for their document processing services and this is projected to be another reason for the growth of the global document outsourcing services market.
On the other hand, document outsourcing services providers are trying their best to capitalise on the opportunities provided to them and they are offering a variety of document processing services to their clients. As more service providers broaden their portfolios, it is forecasted that there will be an increase in the number of organisations outsourcing their document processing work, and this will lead to a growth in the market over the next five years.
Technological innovations have brought dramatic changes in the whole process of document processing and due to this many organisations have become increasingly reliant on third-party vendors for managing their document processing services. Furthermore, most organisations 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 organisations with end-to-end solutions. These factors are further projected to contribute to the growth of the global document outsourcing services market through 2020.
In 2018, the global Document Outsource market size was 15000 million US$ and it is expected to reach 13900 million US$ by the end of 2025, with a CAGR of -0.9% during 2019-2025.
This report focuses on the global Document Outsource status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Document Outsource development in United States, Europe and China.
The key players covered in this study
ARC Document Solutions
Market segment by Type, the product can be split into
Supply & Demand
Competition & Companies involved
Market segment by Application, split into
Market segment by Regions/Countries, this report covers
Central & South America
The study objectives of this report are:
To analyze global Document Outsource status, future forecast, growth opportunity, key market and key players.
To present the Document Outsource development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
Table Of Contents:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.4.1 Global Document Outsource Market Size Growth Rate by Type (2014-2025)
1.4.2 Market Segments
1.4.3 Market Dynamics
1.4.4 Market Size
1.4.5 Supply & Demand
1.4.6 Current Trends/Issues/Challenges
1.4.7 Competition & Companies involved
1.4.9 Value Chain
1.5 Market by Application
1.5.1 Global Document Outsource Market Share by Application (2014-2025)
1.5.2 Small Enterprise
1.5.3 Medium Enterprise
1.5.4 Large Enterprise
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Document Outsource Market Size
2.2 Document Outsource Growth Trends by Regions
2.2.1 Document Outsource Market Size by Regions (2014-2025)
2.2.2 Document Outsource Market Share by Regions (2014-2019)
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Opportunities
12 International Players Profiles
12.1.1 Ricoh Company Details
12.1.2 Company Description and Business Overview
12.1.3 Document Outsource Introduction
12.1.4 Ricoh Revenue in Document Outsource Business (2014-2019)
12.1.5 Ricoh Recent Development
12.2.1 Accenture Company Details
12.2.2 Company Description and Business Overview
12.2.3 Document Outsource Introduction
12.2.4 Accenture Revenue in Document Outsource Business (2014-2019)
12.2.5 Accenture Recent Development
12.3.1 HP Company Details
12.3.2 Company Description and Business Overview
12.3.3 Document Outsource Introduction
12.3.4 HP Revenue in Document Outsource Business (2014-2019)
12.3.5 HP Recent Development
12.4.1 Arvato Company Details
12.4.2 Company Description and Business Overview
12.4.3 Document Outsource Introduction
12.4.4 Arvato Revenue in Document Outsource Business (2014-2019)
12.4.5 Arvato Recent Development
12.5.1 Xerox Company Details
12.5.2 Company Description and Business Overview
12.5.3 Document Outsource Introduction
12.5.4 Xerox Revenue in Document Outsource Business (2014-2019)
12.5.5 Xerox Recent Development
Company Name: Wiseguyreports.com
Contact Person: Norah Trent
Email: Send Email
Phone: +1 646 845 9349, +44 208 133 9349