March 19, 2024

Business Document Work Process Management Market Size, Share, Scope and Forecast to 2021-2030

According to Precedence Research’s new research study on “Business Document Work Process Management Market Size 2021 to 2030 – Global Industry Analysis and Forecast (By Offering: Solutions and Services; By Deployment: Cloud and On-premise; By Organization Size: Small and Medium Sized Enterprises and Large Enterprises; By Application; Education and Training, Government, Banking, Financial Services and Insurance, Healthcare and Pharmaceuticals, IT and Telecommunication, Retail, Consumer Goods, Others)” The global business document work process management market size is forecasted to reach around US$ 10,321 million by 2030 and is anticipated to grow with a healthy CAGR of 14.2% from 2021 to 2030.

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030.

Crucial factors accountable for market growth are:

  • High demand due to increased IT spending across the globe
  • Increasing adoption from small and medium organizations worldwide
  • Increasing demand for management of cloud documents
  • Growing demand for all-in-one document management solutions across the globe

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Market Scope:

Report HighlightsDetails
Market SizeUS$ 10,321 Million by 2030
Growth RateCAGR of 14.2% From 2021 to 2030
Base Year2020
Historic Data2017 to 2020
Forecast Period2021 to 2030
Segments CoveredOffering, Organization Size, Application, Deployment
Regional ScopeNorth America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Market Drivers

Digital Transformation and Automation Favor Market Growth

Additionally, increasing uptake of Business Document Work Process solutions escalates the market growth, improving the work efficiency of processes and reducing manual work & downtime. Advances in automation and increasing uses of intelligent solutions influence the development of the market. Furthermore, vast advancements in safety standards and improved technological infrastructure influence market growth.

The prioritization and identification of various processes have become imperative in enterprises irrespective of the size of organizations. In the service industry, BPM solutions provide a better quality of services to the end-users, making whole processes connected and user friendly.

Lack of Awareness Hinder Market Growth

The lack of awareness about business process management benefits and reluctance to adopt are major factors restraining the market growth. Also, the growing inclination of enterprises to save data on-premise rather than on the cloud is set to affect the BPM market. Nevertheless, the increasing adoption of innovative BPM platforms for cloud deployment would support the market growth throughout the forecast period.

Covid-19  Analysis:

The Business Document Work Process Management report offers a universal and uncomplicated study of the market, encompassing subjective facets that offer readers strategic business insights. The report provides an in-depth analysis of the COVID-19 crisis on the Business Document Work Process Management Market in the specific region. The COVID-19 pandemic has impacted most of the businesses across the globe, hence demonstrating its impact on the Business Document Work Process Management Market. The report illustrates the present outlook of the global market by covering supply, demand, profits estimates, and volume share. On top of that, the research report presents a truthful and precise examination of the primary development trends and market viewpoint. Moreover, the report further examines and considers the present landscape of the constantly developing business segment and the present and future effects of COVID-19 on the Business Document Work Process Management market.

Some of the prominent players in the global Business Document Work Process Management Market are listed as below:

  • Xerox Corporation
  • Eastman Kodak Company
  • Bitrix24
  • Exela Technologies
  • Adobe
  • Dynamik-Gen
  • Lexmark International, Inc
  • IBM Corp
  • Oracle
  • Konica Minolta Business Solutions Australia Pty Ltd
  • LogicalDOC
  • DOMA Document Solutions of Indiana
  • Ricoh India Ltd
  • Canon
  • Revvsales, Inc
  • Parascript

For upgraded status of business document work process management (BPO), and strategies accepted by Precedence Research projected the upcoming growth of the business document work process management (BPO) market.

Major Market Segments Covered:

By Offering

  • Solutions
  • Services

By Organization Size

  • Small and Medium Sized Enterprises
  • Large Enterprises

By Application

  • Education and Training
  • IT and Telecommunication
  • Banking, Financial Services and Insurance
  • Government
  • Healthcare and Pharmaceuticals
  • Marketing and Advertising
  • Manufacturing and Automotive
  • Transportation and Logistics
  • Media and Entertainment
  • Travel and Hospitality
  • Retail and Consumer Goods
  • Legal
  • Others

By Deployment

  • Cloud
  • On-premise

By Geography

North America

  • US.
  • Canada

Europe

  • Germany
  • France
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • China
  • Japan
  • India
  • Southeast Asia
  • Rest of Asia Pacific

Latin America

  • Brazil
  • Rest of Latin America

Middle East & Africa (MEA)

  • GCC
  • North Africa
  • South Africa
  • Rest of Middle East & Africa

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions& Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Business Document Work Process Management (BPO)Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope

Chapter 5. COVID 19 Impact on Business Document Work Process Management (BPO)Market

5.1. Covid-19: Business Document Work Process Management (BPO)Industry Impact
5.2. Business Document Work Process Management (BPO)Business Impact Assessment: Covid-19
5.2.1. Services Challenges/Disruption
5.2.2. Market Trends and Business Document Work Process Management (BPO)Opportunities in the COVID-19 Landscape for Major Markets
5.3. Strategic Measures against Covid-19
5.3.1. Government Support and Initiative to Combat Covid-19
5.3.2. Proposal for Business Document Work Process Management (BPO)Market Players to deal with Covid-19 Pandemic Scenario

Chapter 6. Business Document Work Process Management (BPO)Market Dynamics Analysis and Trends

6.1. Market Dynamics
6.1.1. Market Drivers
6.1.1.1. High demand due to increased IT spending across the globe
6.1.1.2. Increasing adoption from small and medium organizations worldwide
6.1.2. Market Restraints
6.1.2.1. Increasing issues associated with data security
6.1.3. Market Opportunities
6.1.3.1. Integration of robotics and blockchain technology in document management

Chapter 7. Global Business Document Work Process Management (BPO) Market: Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis
7.1.1.1. Business Document Work Process Management (BPO)Market Revenue by Market Players (2017 – 2020)
7.1.1.2. Business Document Work Process Management (BPO)Market Revenue Market Share by Market Players (2017 – 2020)
7.1.2. Key Organic/Inorganic Strategies Adopted by Players
7.1.2.1. Product Portfolio Expansion, Geographic Expansion, Process Innovation
7.1.2.2. Merger and Acquisition, Collaboration and Partnerships
7.1.3. Market Players Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of End-users

Chapter 8. Global Business Document Work Process Management (BPO) Market, By Offering

8.1. Business Document Work Process Management (BPO) Market, by Offering, 2017-2030
8.2. Solutions
8.2.1.1. Market Revenue Forecast (2017-2030)
8.3. Services
8.3.1.1. Market Revenue Forecast (2017-2030)

Chapter 9. Global Business Document Work Process Management (BPO) Market, By Deployment

9.1. Business Document Work Process Management (BPO) Market, by Deployment, 2017-2030
9.2. Cloud
9.2.1.1. Market Revenue Forecast (2017-2030)
9.3. On-premise
9.3.1.1. Market Revenue Forecast (2017-2030)

Chapter 10. Global Business Document Work Process Management (BPO) Market, By Organization Size

10.1. Business Document Work Process Management (BPO) Market, by Organization Size, 2017-2030
10.2. Small and Medium Sized Enterprises
10.2.1.1. Market Revenue Forecast (2017-2030)
10.3. Large Enterprises
10.3.1.1. Market Revenue Forecast (2017-2030)

Chapter 11. Global Business Document Work Process Management (BPO) Market, By Application

11.1. Business Document Work Process Management (BPO) Market, by Shape of Application, 2017-2030
11.2. Education and Training
11.2.1. Market Revenue Forecast by Type (2017-2030)
11.3. Government
11.3.1. Market Revenue Forecast by Type (2017-2030)
11.4. Banking, Financial Services and Insurance
11.4.1. Market Revenue Forecast by Type (2017-2030)
11.5. Healthcare and Pharmaceuticals
11.5.1. Market Revenue Forecast by Type (2017-2030)
11.6. IT and Telecommunication
11.6.1. Market Revenue Forecast by Type (2017-2030)
11.7. Retail and Consumer Goods
11.7.1. Market Revenue Forecast by Type (2017-2030)
11.8. Manufacturing and Automotive
11.8.1. Market Revenue Forecast by Type (2017-2030)
11.9. Media and Entertainment
11.9.1. Market Revenue Forecast by Type (2017-2030)
11.10. Marketing and Advertising
11.10.1. Market Revenue Forecast by Type (2017-2030)
11.11. Travel and Hospitality
11.11.1. Market Revenue Forecast by Type (2017-2030)
11.12. Transportation and Logistics
11.12.1. Market Revenue Forecast by Type (2017-2030)
11.13. Legal
11.13.1. Market Revenue Forecast by Type (2017-2030)
11.14. Others
11.14.1. Market Revenue Forecast by Type (2017-2030)

Chapter 12. Global Business Document Work Process Management (BPO)Market, Regional Estimates and Trend Forecast

12.1. North America
12.1.1. Market Revenue Forecast by Offering(2017-2030)
12.1.2. Market Revenue Forecast by Deployment(2017-2030)
12.1.3. Market Revenue Forecast by Organization Size(2017-2030)
12.1.4. Market Revenue Forecast by Application (2017-2030)
12.1.5. U.S
12.1.5.1. Market Revenue Forecast (2017-2030)
12.1.6. Canada
12.1.6.1. Market Revenue Forecast (2017-2030)
12.2. Europe
12.2.1. Market Revenue Forecast by Offering (2017-2030)
12.2.2. Market Revenue Forecast by Deployment (2017-2030)
12.2.3. Market Revenue Forecast by Organization Size (2017-2030)
12.2.4. Market Revenue Forecast by Application (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue Forecast (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue Forecast (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue Forecast (2017-2030)
12.2.8. Rest of EU
12.2.8.1. Market Revenue Forecast (2017-2030)
12.3. Asia Pacific (APAC)
12.3.1. Market Revenue Forecast by Offering (2017-2030)
12.3.2. Market Revenue Forecast by Deployment (2017-2030)
12.3.3. Market Revenue Forecast by Organization Size (2017-2030)
12.3.4. Market Revenue Forecast by Application (2017-2030)
12.3.5. China
12.3.5.1. Market Revenue Forecast (2017-2030)
12.3.6. India
12.3.6.1. Market Revenue Forecast (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue Forecast (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue Forecast (2017-2030)
12.4. LATAM
12.4.1. Market Revenue Forecast by Offering (2017-2030)
12.4.2. Market Revenue Forecast by Deployment (2017-2030)
12.4.3. Market Revenue Forecast by Organization Size (2017-2030)
12.4.4. Market Revenue Forecast by Application (2017-2030)
12.4.5. Brazil
12.4.5.1. Market Revenue Forecast (2017-2030)
12.4.6. Rest of LATAM
12.4.6.1. Market Revenue Forecast (2017-2030)
12.5. Middle East and Africa (MEA)
12.5.1. Market Revenue Forecast by Offering (2017-2030)
12.5.2. Market Revenue Forecast by Deployment (2017-2030)
12.5.3. Market Revenue Forecast by Organization Size (2017-2030)
12.5.4. Market Revenue Forecast by Application (2017-2030)
12.5.5. GCC
12.5.5.1. Market Revenue Forecast (2017-2030)
12.5.6. North Africa
12.5.6.1. Market Revenue Forecast (2017-2030)
12.5.7. South Africa
12.5.7.1. Market Revenue Forecast (2017-2030)
12.5.8. Rest of MEA
12.5.8.1. Market Revenue Forecast (2017-2030)

Chapter 13. Company Profiles

13.1. Adobe
13.1.1. Company Overview, Business Information, Regional Presence
13.1.2. Product Portfolio Analysis
13.1.2.1. Product Details, Specification, Product Type
13.1.3. Revenue, Price, and Gross Margin (2017-2020)
13.1.4. Recent Developments and Strategies
13.2. Bitrix24
13.2.1. Company Overview, Business Information, Regional Presence
13.2.2. Product Portfolio Analysis
13.2.2.1. Product Details, Specification, Product Type
13.2.3. Revenue, Price, and Gross Margin (2017-2020)
13.2.4. Recent Developments and Strategies
13.3. Canon
13.3.1. Company Overview, Business Information, Regional Presence
13.3.2. Product Portfolio Analysis
13.3.2.1. Product Details, Specification, Product Type
13.3.3. Revenue, Price, and Gross Margin (2017-2020)
13.3.4. Recent Developments and Strategies
13.4. DOMA Document Solutions of Indiana
13.4.1. Company Overview, Business Information, Regional Presence
13.4.2. Product Portfolio Analysis
13.4.2.1. Product Details, Specification, Product Type
13.4.3. Revenue, Price, and Gross Margin (2017-2020)
13.4.4. Recent Developments and Strategies
13.5. Dynamik-Gen
13.5.1. Company Overview, Business Information, Regional Presence
13.5.2. Product Portfolio Analysis
13.5.2.1. Product Details, Specification, Product Type
13.5.3. Revenue, Price, and Gross Margin (2017-2020)
13.5.4. Recent Developments and Strategies
13.6. Eastman Kodak Company
13.6.1. Company Overview, Business Information, Regional Presence
13.6.2. Product Portfolio Analysis
13.6.2.1. Product Details, Specification, Product Type
13.6.3. Revenue, Price, and Gross Margin (2017-2020)
13.6.4. Recent Developments and Strategies
13.7. Exela Technologies
13.7.1. Company Overview, Business Information, Regional Presence
13.7.2. Product Portfolio Analysis
13.7.2.1. Product Details, Specification, Product Type
13.7.3. Revenue, Price, and Gross Margin (2017-2020)
13.7.4. Recent Developments and Strategies
13.8. IBM Corp
13.8.1. Company Overview, Business Information, Regional Presence
13.8.2. Product Portfolio Analysis
13.8.2.1. Product Details, Specification, Product Type
13.8.3. Revenue, Price, and Gross Margin (2017-2020)
13.8.4. Recent Developments and Strategies
13.9. Konica Minolta Business Solutions Australia Pty Ltd
13.9.1. Company Overview, Business Information, Regional Presence
13.9.2. Product Portfolio Analysis
13.9.2.1. Product Details, Specification, Product Type
13.9.3. Revenue, Price, and Gross Margin (2017-2020)
13.9.4. Recent Developments and Strategies
13.10. Lexmark International, Inc.
13.10.1. Company Overview, Business Information, Regional Presence
13.10.2. Product Portfolio Analysis
13.10.2.1. Product Details, Specification, Product Type
13.10.3. Revenue, Price, and Gross Margin (2017-2020)
13.10.4. Recent Developments and Strategies
13.11. LogicalDOC
13.11.1. Company Overview, Business Information, Regional Presence
13.11.2. Product Portfolio Analysis
13.11.2.1. Product Details, Specification, Product Type
13.11.3. Revenue, Price, and Gross Margin (2017-2020)
13.11.4. Recent Developments and Strategies
13.12. Oracle
13.12.1. Company Overview, Business Information, Regional Presence
13.12.2. Product Portfolio Analysis
13.12.2.1. Product Details, Specification, Product Type
13.12.3. Revenue, Price, and Gross Margin (2017-2020)
13.12.4. Recent Developments and Strategies
13.13. Parascript
13.13.1. Company Overview, Business Information, Regional Presence
13.13.2. Product Portfolio Analysis
13.13.2.1. Product Details, Specification, Product Type
13.13.3. Revenue, Price, and Gross Margin (2017-2020)
13.13.4. Recent Developments and Strategies
13.14. Revvsales, Inc.
13.14.1. Company Overview, Business Information, Regional Presence
13.14.2. Product Portfolio Analysis
13.14.2.1. Product Details, Specification, Product Type
13.14.3. Revenue, Price, and Gross Margin (2017-2020)
13.14.4. Recent Developments and Strategies
13.15. Ricoh India Ltd.
13.15.1. Company Overview, Business Information, Regional Presence
13.15.2. Product Portfolio Analysis
13.15.2.1. Product Details, Specification, Product Type
13.15.3. Revenue, Price, and Gross Margin (2017-2020)
13.15.4. Recent Developments and Strategies
13.16. Xerox Corporation.
13.16.1. Company Overview, Business Information, Regional Presence
13.16.2. Product Portfolio Analysis
13.16.2.1. Product Details, Specification, Product Type
13.16.3. Revenue, Price, and Gross Margin (2017-2020)
13.16.4. Recent Developments and Strategies

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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