Industry Analysis & Industry Trends
The industry is composed of companies that provide outsourced records storage, document destruction services and digital conversion of paper-based records to commercial and government clients. As a result of regulations mandating company records retention, 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. In the years since the recession, industry revenue has rebounded steadily, driven in part by increased demand from healthcare providers transitioning to electronic records.... purchase to read more
Industry Report - Industry Locations Chapter
The Document Management Services industry is concentrated in the Southeast, West, Mid-Atlantic and Great Lakes regions of the United States. The industry's operations are largely focused on levels of economic activity and proximity to complimentary industries, which include the healthcare, financial services, insurance, legal and other professional services industries.
The Southeast region accounts for 25.2% of industry revenue due in part to the fact that the Southeast is home to the greatest proportion of the US population... purchase to read more