Industry Analysis & Industry Trends
As a result of regulations mandating the retention of company records, the Document Management Services industry benefits from sustained demand for document storage. In the years since the recession, the industry has also benefited from greater formation of new businesses, which has expanded the size of operators' potential market. In particular, federal incentives for healthcare providers to digitize their records have presented a strong growth opportunity for the industry. Over the coming years, these trends are expected to continue driving revenue growth for the industry.... purchase to read more
Industry Report - Starting a New Business Chapter
The Document Management Services industry has few barriers to entry. The top three industry players are expected to capture 43.1% of the overall market share. The industry is relatively fragmented, with a large number of small players that tailor their services to local and regional markets. However, as the major players continue to acquire smaller operators, expanding their services and geographical presence, new entrants will face more significant barriers over the next five years.
This industry requires medium capital investments to start and support operations, including investments in buildings, carton storage systems, containers, shredding plants and technology service storage... purchase to read more