DOCUMENT MANAGEMENT SYSTEM MARKET ANALYSIS

Regional Analysis

Regional Analysis of Document Management System Market:

On the basis of region, the global document management system market is segmented into North America, Europe, Latin America, Asia Pacific, and Middle East and Africa.

In 2018, North America held dominant position in the global document management system market and is expected to maintain its dominance over the forecast period, owing to the presence of large players such as Microsoft Corporation and Google Inc in the region.

The U.S. is one of the major countries that largely used document management software in the world in the past few years and it is expected to grow over the forecast period. According to Coherent Market Insights’ analysis, the U.S. accounted for around 39.5% share in the document management system market globally in 2018, which is expected to create lucrative opportunities for document management system providers, owing to increasing adoption of document management system in various end-use industries such as healthcare and BFSI.