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Document Imaging Market, By Service, By Component, By End Use - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Document Imaging Industry in By Service, By Component, By End Use - Global: Forecasts to 2025

  • July 2017
  • 212 pages
  • ID: 5038753
In this report:
Organizations are always very careful about storing critical documents in a cloud environment, and recently increasing importance of cloud deployment is fueling growth of the document imaging market which is expected to see significant growth during the forecast period.
More advanced products and awareness among target customers are expected to drive future opportunities in the document imaging market both in developed and developing nations.

Summary

Table of Contents

Document imaging solutions use tools including scanners, printers, software, and camerato digitize a document. It is a main feature for any business entity as the document imaging process is used for superior speed and agility in work stations. Improved and advanced efficiencies lead to a ambitious improvement and superior customer satisfaction.The document imaging market is gaining popularity due to various benefits to organizations including cost effectiveness, growing efficiency, risk reduction of losing documents in transit.

The document imaging market is split on the bases of three categories: by service, component, and end use. In terms of service, the sector for document imaging is divided into cloud and on-premises. By component, the sector is divided into software and hardware. Hardware component segment can be farther bifurcated into scanners, printers, microfilm, readers and others. In terms of end use, the document imaging market is split into government organizations, law firms, physician practice, and educational institutions among others.

The installation of document imaging has dramatically changed due to the growing installation of cloud based document imaging solutions. Cloud deployment is becoming a critical and flexible part of an organization, for storing data and to expedite workflows. Information technology departments are expanding their cloud budgets for its many benefits. Quality document-management systems are available on the cloud since the last few years. Almost every business entity has started installing cloud as the most modern deployment solution to store crucial data. Organizations are always very careful about storing critical documents in a cloud environment, and recently rising importance of cloud deployment is fueling growth of the document imaging market which is forecast to see meaningful growth during the outlook period.The impact of this driver is medium in new times and is forecast to be high during the forecast period. Nevertheless, Core printing companies are looking for diversification for bigger profit generation. Various dealers are trying to expand their business by offering additional products and services. Additionally, increasing competition in the MPS industry is encouraging dealers to diversify or invest in other business entities. Although, cost cutting and decreasing price trends are attracting existing dealers and additional entities to invest in this industry. Therefore, demand for documents imaging is forecast to be high during the forecast period.The impact of this restraint is medium in the current phase and is forecast to be high during the forecast period.

On top of, examining the growth in population and quick urbanization in different emerging economies, there is an increased demand for digitalized documents. The growth of document imaging is strongly correlated to urbanization, which is compelling government organization, law firms, educational institutions and industries to emphasize on this technology.Such demand for document imaging can be anticipated to offer good growth opportunities for this sector. Moreover, there are several research initiatives undertaken by distinct companies worldwide to develop document imaging into more versatile products. More advanced products and awareness among target customers are anticipated to drive future opportunities in the document imaging market both in developed and developing nations. Hence, the customer base is forecast to grow, creating a larger market for future businesses.

Currently, people are more focused on print and less on digitalized paper. Paper work or printing work is more time consuming; therefore, most SMBs pay interest on digitalized paper scanning technology. Increasing trend of document scanning or photocopying in new times is predicted to be an opportunity for the document imaging market.

The overall market of document imaging report offers company market share analysis of the different key participants. Top players have also been profiled based on company overview. Overall key participants of the document imaging market contain Fujitsu Ltd., Hewlett-Packard Company, Canon Inc., Kodak Alaris, Xerox Corporation, Qorus Software Ltd, CBSL Group, Epson America, Aramex and Newgen Software Technologies Ltd among others.

Global Smart Grid Security market can be divided as follows;-

Overall Document Imaging Market, by Service

Cloud

On-Premises

Overall Document Imaging Market, by Component

Overall Document Imaging Market, by End Use

Global Document Imaging Market, by Area: The sector is mostly broken down based on geography into:

North America (NA)

USA

Rest of North America (NA)

Europe (EU)

U.K

Germany (DE)

France (FR)

Italy (IT)

Rest of europe (EU)

Asia-Pac

China (CN)

India (IN)

Japan (JP)

Rest of Asia-Pac

Middle East and Africa

South africa (SA)

Rest of African region and Middle East

Latin America

Brazil (BR)

Rest of Latin America

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