How big is the Document Management Systems Market?

The Document Management Systems Market size is expected to reach USD 9.26 billion in 2024 and grow at a CAGR of 13.51% to reach USD 17.45 billion by 2029. Read More

What is the current Document Management Systems Market size?

In 2024, the Document Management Systems Market size is expected to reach USD 9.26 billion. Read More

Who are the key players in Document Management Systems Market?

Hyland Software Inc., Open Text Corporation, IBM Corporation, Microsoft Corporation and Oracle Corporation are the major companies operating in the Document Management Systems Market. Read More

Which is the fastest growing region in Document Management Systems Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Document Management Systems Market?

In 2024, the North America accounts for the largest market share in Document Management Systems Market. Read More

What years does this Document Management Systems Market cover, and what was the market size in 2023?

In 2023, the Document Management Systems Market size was estimated at USD 8.01 billion. The report covers the Document Management Systems Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Document Management Systems Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Document Management System Market - DMS

Document Management System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The Document Management Systems Market Report is Segmented by Component (Software and Services), by Deployment (Cloud and On-Premise), by End User Industry (Banking and Financial Services, Manufacturing and Construction, Education, Healthcare, Retail, Legal, Other End User Industries), and by Geography (North America, Europe, Asia Pacific, and the Rest of the World). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Document Management System Industry Overview

The document management system market is highly fragmented, with the presence of major players like Hyland Software Inc., Open Text Corporation, IBM Corporation, Microsoft Corporation, and Oracle Corporation. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

July 2024 - OpenText launched its latest product innovations with the debut of Cloud Editions (CE) 24.3. This release signified a major leap forward, seamlessly integrating advanced information management capabilities, dependable cloud services, robust security measures, and cutting-edge artificial intelligence (AI). The result is enhanced data performance, yielding outcomes that are both more straightforward and of higher quality. OpenText remains at the forefront of digital transformation, steering its Titanium X strategic product roadmap, with milestones set for CE 25.2.
June 2024 - Hyland Software Inc. made strides in its innovative product roadmap, spotlighted by the introduction of Hyland Experience Automate, fresh updates for the Alfresco and Nuxeo Platforms, and upgrades to several healthcare solutions. The cloud-native platform Hyland Experience (Hx) showcased Hyland's dominance in intelligent content solutions. Alongside the soon-to-be-launched Hyland Experience Insight (Hx Insight), Hx Automate is poised to elevate Hyland customers' interaction with intelligent content automation, transforming their approach to artificial intelligence in content and process management and enhancing their platform capabilities.