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Document preparation services continue to benefit from sector-wide usage, a growing emphasis on form organization and a technological revolution that is changing how document preparation is done. The recovery of the financial and individual markets following a period of high inflation, which peaked at 9.1% in June 2022, provided clients with greater fiscal flexibility to outsource their document preparation needs to professional preparers. Growing health expenditures, which rose 6.4% in 2024 alone, provided a further boost for medical transcription service (MTS) demand, while a steadily rising retiree population is accelerating the scope of patient medical records that require organization. However, heightened competition and a growing advance of do-it-yourself (DIY) services by downstream consumers is undermining large-scale growth. The proliferation of automated technology solutions, such as voice recognition technology (VRT) and other artificial intelligence (AI) systems, have increased competition from downstream industries and curtailed large-scale growth for professional servicers. Over the past five years, revenue inched upward at a CAGR of 0.9% to an estimated $6.3 billion, including an anticipated 1.7% boost in 2025 alone.
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IBISWorld's research coverage on the Document Preparation Services industry in the United States includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
The Document Preparation Services industry in the United States operates under the NAICS industry code 56141. This industry encompasses several services, including letter or resume writing; document editing or proofreading; word processing or desktop publishing; transcription or dictation; and other secretarial services. This industry does not include document translation services, graphic design, court reporting, prepress and postpress services or document copying services. Related terms covered in the Document Preparation Services industry in the United States include voice-recognition technology (vrt), outsourcing, wysiwyg, records management (rm), spell check, word processor, page layout software, electronic health record (ehr) and optical character recognition (ocr).
Products and services covered in Document Preparation Services industry in the United States include Document preparation services , Typing services and Printing services.
Companies covered in the Document Preparation Services industry in the United States include Anacomp Inc., DRS Imaging Services LLC and SecureOne Data Solutions LLC.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Document Preparation Services industry in the United States.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed products and service segmentation and analysis of major markets for the for the Document Preparation Services industry in the United States.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Document Preparation Services industry in the United States.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Document Preparation Services industry in the United States. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Document Preparation Services industry in the United States. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Document Preparation Services industry in the United States. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Document Preparation Services industry in the United States. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Document Preparation Services industry in the United States.
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The market size of the Document Preparation Services industry in the United States is $6.3bn in 2026.
There are 107k businesses in the Document Preparation Services industry in the United States, which has grown at a CAGR of 2.9 % between 2020 and 2025.
The Document Preparation Services industry in the United States is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
The Document Preparation Services industry in the United States is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
The market size of the Document Preparation Services industry in the United States has been growing at a CAGR of 0.9 % between 2020 and 2025.
Over the next five years, the Document Preparation Services industry in the United States is expected to grow.
The biggest companies operating in the Document Preparation Services industry in the United States are Anacomp Inc., DRS Imaging Services LLC and SecureOne Data Solutions LLC
Document preparation services and Typing services are part of the Document Preparation Services industry in the United States.
The company holding the most market share in the Document Preparation Services industry in the United States is Anacomp Inc..
The level of competition is high and increasing in the Document Preparation Services industry in the United States.