According to the latest market research study by Technavio, the global output management software market is expected to grow at a CAGR of close to 3% during the forecast period 2017 to 2021.
This report by Technavio provides an in-depth analysis of the global output management software market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the end-user
Source: Technavio
Click here to request a free sample of this report
The top three revenue contributing end-user segments are discussed below
BFSI Sector: Output management software is used for document scanning and management, optical character recognition (OCR), and forms processing solutions in the BFSI sector.
“The software in BFSI sector helps to achieve a reduction in cost, better security, and improve traceability. The sector can also attain better green footprint through a reduction in paper consumption,” says Ishmeet Kaur, a lead analyst at Technavio for research on enterprise application.
Healthcare sector: The healthcare sector is concentrating on providing timely care for patients to speed up the healing process. For this process, instant access to clinical records and other related documents are required. Secure print release, fleet management, electronic medical record (EMR) printing, mobile printing, and reporting are some of the major functions of output management software in the healthcare sector.
Manufacturing sector: Failures in document management, such as an error in printing barcodes or faulty ERP documents can lead to disturbance in the manufacturing process. With the installation of output management software, document errors can be curtailed. Besides this, the software helps in saving money and time through improved business efficiency. Output management software is also used extensively with the SAP software in the manufacturing industry.
Ask an analyst to know more about this report
The top vendors operating in the global output management software market are:
- HP
- KYOCERA
- Lexmark
- LRS
- Pitney Bowes
- Ricoh
- Rochester Software Associates
The other prominent vendors in the market include Barr Systems, DocuMatrix, Formate, Fuji Xerox, Neopost, Nuance, OpenText, Plus Technologies, and Unisys.
A more detailed analysis is available in the Technavio report titled, ‘Global output management software Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports
- Global In-memory Computing Market 2016-2020
- Global Managed Print Services (MPS) Market 2015-2019
- Managed Print Services (MPS) Market in Japan 2015-2019
To read more press releases – click here
For any assistance or query, please contact our media team at:
media@technavio.com
US: +1 630 333 9501
UK: +44 208 123 1770
https://www.technavio.com/
