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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 | Apr 2015

Paper trail: Demand for digitization of health records will propel industry revenue growth

IBISWorld’s Document Management Services market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Iron Mountain Inc. Iron Mountain Inc. market share
Recall Recall market share
Shred-it Shred-it market share
Industry Statistics & Market Size
Revenue
$6bn
Annual Growth 10-15
1.7%
Annual Growth 15-20
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Profit
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Employment
63,175
Businesses
1,587
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 - Industry Analysis Chapter

Over the five years to 2015, revenue for the Document Management Services industry is expected to increase at an average annual rate of 1.7% to more than $5.5 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. The industry typically experiences a low level of revenue volatility due to steady demand for document storage services, which constitute the industry's core source of revenue.

In the years since the recession, the industry has benefited from improved business formation levels and increasing demand for medical records storage... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Document Management Services Industry?

This industry includes companies that store information and records for business 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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