Global document outsourcing market to grow at a CAGR of 5.2% over the period 2014-2019; Finds New Report

Report forecast the global document outsourcing market to grow at a CAGR of 5.2 percent over the period 2014-2019.

Organizations today are automating the business processes and leveraging useful data to achieve quick decision-making at the management level and transparent customer communications. With increased need for digital services, companies are adopting multi-channel communications. They find it difficult to implement the proficient document processing due to lack of the skilled workforce, technology, and time to execute and manage these systems and opt for document outsourcing, which helps enterprises reduce costs while providing efficient ways of data conversion and communication.

The global document outsourcing market can be categorized in three segments: onsite contracted services, statement printing, and document process outsourcing. This report covers market segmentation by geography based on the three key regions: the Americas, EMEA and APAC.

According to the report, cost reduction and employee efficiency are major focus areas for organizations but very few institutions conduct correct assessments to improve the implementation of workgroup printers and document handling processes. Sometimes the costs associated with setting up internal IT infrastructure such as telecommunications and server networks escalate the overall cost of document handling, which is likely to affect the decision-making process with respect to implementation of document handling processes. Therefore companies are opting for outsourcing services to handle document processing and related services.

Further, the report states that the rigidity in SLAs inhibits the growth of the global document outsourcing market.

Global Document Outsourcing Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes profile of key vendors operating in this market.

key players in Global Document Outsourcing Market 2015-2019:  Hewlett-Packard Lexmark International Ricoh and Xerox

Other Prominent Vendors in the market are: ABBYY, AGJ Systems & Networks, ARC Document Solutions, Archive Services, Archive Systems, Brother international, Bytes Technology, Canon, CDW, Cirrato, Cortado, DocStar, DocuLex, DocuXplorer, Epson, Falcon Managed Document Service, FujiXerox, Hyland, Iron Mountain, Konica Minolta, Kyocera, Laser Technologies, Laserfiche, Levi Ray & Shoup, Lexmark, MaxxVault, MFI, Pharos, Samsung, Sharp, Toshiba and Williams LEA

Key regions

• Americas
• APAC
• EMEA

Market driver

• Increased need of automation and scalability
• For a full, detailed list, view our report

Market challenge

• Rigidity in SLAs
• For a full, detailed list, view our report

Market trend

• Growing transactional delivery of documents
• For a full, detailed list, view our report

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?

Spanning over 69 pages and 23 Exhibits “Global Document Outsourcing Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Service, Geographical Segmentation, Key Countries, Buying Criteria, Market Growth Drivers, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4sL

Find all IT Outsourcing Reports at: http://www.marketresearchreports.com/it-outsourcing