Research and Markets - Global Document Outsourcing Market CAGR Growth of 5.5% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Xerox, Accenture, Epson

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Jun 14, 2016, 03:10 ET

DUBLIN, June 14, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Document Outsourcing Market 2016-2020" report to their offering.

This comprehensive report forecasts the global document outsourcing market to grow at a CAGR of 5.5% during the period 2016-2020.

Commenting on the report, an analyst from the research team said: A trend that will propel market growth is the rise in digital mailroom outsourcing services. Digital mailroom solutions are implemented in organizations to manage high volume of mails coming various sources. Mailroom management services helps organizations to manage their unstructured mails into digital format with the help of document capturing and scanning technology. Outsourcing of mailroom management process reduces cost of in-house management of digital documents. Digital mailroom solutions reduce in-house overhead costs through automated process and increases operational workflow in the enterprises.

According to the report, a key growth driver for the document outsourcing market is the cost reduction and efficiency offered by third parties. One of the primary reasons of document outsourcing is cost reduction as organizations frequently outsource their document management systems to third parties, primarily to reduce in-house cost of IT services and to boost operational efficiencies. Firms doing their multi-businesses in industry verticals are befitted from innovative technologies offered by document management solution providers.

IT outsourcing solutions reduce expenses on maintenance of in-house IT department and provide a competitive IT solution to client firm. Organizations need to adhere with regulatory norms and compliance guidelines such as Health Insurance Portability and Accountability Act of 1996 (HIPPA) to protect personal data stored in database management systems.

Questions Answered:

What will the market size be in 2020 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?

Companies Mentioned:

Canon
HP
Lexmark International
Ricoh
Xerox
ABBYY
Accenture
American Reprographic Company (ARC) Document Solutions
Cirrato
Cortado
Epson
Hyland
Konica Minolta
Levi Ray and Shoup
Swiss Post
Toshiba

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by outsourcing services

PART 07: Geographical segmentation

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor Landscape

PART 14: Key vendor analysis

PART 15: Appendix

PART 16: About the Author

For more information visit http://www.researchandmarkets.com/research/53sc5z/global_document

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SOURCE Research and Markets