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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

The Document Management Services market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Key Buyers Chapter

The Document Management Services exhibits a medium level of market share concentration, with the largest three firms accounting for about 43.1% of total industry revenue. In the five years to 2014, the number of firms operating in this industry is expected to increase an average 1.8% annually to 1,591 firms. However, the slower growth of firms is attributed to some consolidation, primarily among the larger industry players. The largest firms in the industry have grown over the past five years, primarily as a result of acquisition activity. For example, Iron Mountain acquired File House Record Storage, Document Systems Inc. and First National Safe Deposit to broaden its domestic business and customer base, resulting in the company's market share of 31.0%... 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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