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Document Management Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Document Management Services Market Research Report | Advisory & Financial Services | Outsourced Office Functions | Sep 2014

Paper trail: Legislation and healthcare demand will keep revenue growth secure

IBISWorld’s Document Management Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Cintas Corporation Cintas Corporation  market share
Iron Mountain Inc. Iron Mountain Inc. market share
Recall Recall market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 09-14
4.0%
Annual Growth 14-19
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Profit
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Employment
32,101
Businesses
1,591
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. Nevertheless, the severity of the recent recession resulted in a contracting number of US businesses, decreasing the industry's available target market early in the five year period. Over the coming years, the industry is expected to post strong growth, supported by rising business formations and greater demand from healthcare institutions transitioning to electronic medical records.... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2014, revenue for the Document Management Services industry is expected to increase at an average annual rate of 4.0% to $5.7 billion. The industry benefits from various federal regulations stipulating that companies retain documents as well as from record-keeping requirements in the event of potential litigation cases. As a result, the industry typically experiences a low level of revenue volatility due to steady demand from document storage services, which constitute the industry's core source of revenue.

Despite stable demand, the Document Management Services industry was unable to entirely avoid the adverse effects of the recession... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Document Management Services Industry?

This industry includes companies which store information and records for other companies and government clients. Industry services involve records management, secure document destruction and data protection and recovery services.

Industry Products
Records management services Data protection and recovery services Data destruction
 
Industry Activities
Storing records Transporting recordsElectronic conversion of recordsSecure document destructionDocument duplication and data backup services


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