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Output Management Software Market Report by Component (Solutions, Services), Deployment Type (Cloud-based, On-premises), Organization Size (Large Enterprises, Small and Medium Enterprises), Vertical (BFSI, Manufacturing, Healthcare, Education, and Others), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A2062
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Market Overview:
The global output management software market size reached US$ 10.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.1 Billion by 2032, exhibiting a growth rate (CAGR) of 1.7% during 2024-2032.
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Report Attribute
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Key Statistics
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|---|---|
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Base Year
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2023
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Forecast Years
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2024-2032
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Historical Years
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2018-2023
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Market Size in 2023
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US$ 10.2 Billion |
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Market Forecast in 2032
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US$ 12.1 Billion |
| Market Growth Rate 2024-2032 | 1.7% |
Output management software (OMS) is an application-based tool that is used by organizations to automate and centralize document management. It links software applications to digital channels, such as emails and portals, to minimize the paperwork and needless printing of documents. The output from applications, such as customer relationship management (CRM) and enterprise resource planning (ERP) can be forwarded to a printer or a web-based document processor at any desired destination. OMS aids in enhancing the efficiency of administrative tasks by integrating workflow management systems, owing to which it finds extensive applications across various industries, including healthcare, education, banking, financial services and insurance (BFSI) and information technology (IT).
The growing information technology (IT) industry, along with the emerging trend of automation across the globe, represent as the key factors driving the growth of the market. The OMS makes it convenient for organizations to expand the network of their printing tools for producing, managing and distributing the business output information across various locations. This eliminates the requirement for additional printing devices across multiple organizational departments, thereby enhancing the cost-efficiency and productivity of the organization. Furthermore, increasing product adoption in the healthcare sector is also providing a boost to the market growth. OMS solutions are employed in various healthcare centers to assist clinicians in gaining convenient access to large amounts of data and ensure the seamless delivery of system-generated documents to the patients. Other factors, such as outsourcing of these solutions and shifting consumer preference toward paperless operations, are also projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global output management software market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, deployment type, organization size and vertical.
Breakup by Component:
- Solutions
- Services
Breakup by Deployment Type:
- Cloud-based
- On-premises
Breakup by Organization Size:
- Large Enterprises
- Small and Medium Enterprises
Breakup by Vertical:
- BFSI
- Manufacturing
- Healthcare
- Education
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Broadcom Inc., DocPath Corporation, HP Development Company, Kyocera Corporation, LBM Systems, Levi Ray & Shoup Inc., Lexmark International, Quadient, Plus Technologies LLC, Ricoh Company, Rochester Software Associates Inc., etc.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Billion |
| Segment Coverage | Component, Deployment Type, Organization Size, Vertical, Region |
| Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico |
| Companies Covered | Broadcom Inc., DocPath Corporation, HP Development Company, Kyocera Corporation, LBM Systems, Levi Ray & Shoup Inc., Lexmark International, Quadient, Plus Technologies LLC, Ricoh Company and Rochester Software Associates Inc. |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 3899 Five User License: US$ 4899 Corporate License: US$ 5899 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
The global output management software market was valued at US$ 10.2 Billion in 2023.
We expect the global output management software market to exhibit a CAGR of 1.7% during 2024-2032.
The rising applications of output management software across numerous organizations to automate and centralize document management, along with the emerging outsourcing trend, are primarily driving the global output management software market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of output management software in various healthcare centers to aid in gaining convenient access to large amounts of data and ensure seamless delivery of system-generated documents to the patients.
Based on the component, the global output management software market has been segmented into solutions and services. Currently, solutions represent the largest market share.
Based on the vertical, the global output management software market can be bifurcated into BFSI, manufacturing, healthcare, education, and others. Among these, the manufacturing sector accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global output management software market include Broadcom Inc., DocPath Corporation, HP Development Company, Kyocera Corporation, LBM Systems, Levi Ray & Shoup Inc., Lexmark International, Quadient, Plus Technologies LLC, Ricoh Company, Rochester Software Associates Inc., etc.
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