Output Management Software Market Report by Component (Solutions, Services), Deployment Type (Cloud-based, On-premises), Organization Size (Large Enterprises, Small and Medium Enterprises), Vertical (BFSI, Manufacturing, Healthcare, Education, and Others), and Region 2024-2032
The global output management software market size reached US$ 10.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.1 Billion by 2032, exhibiting a growth rate (CAGR) of 1.7% during 2024-2032.
Report Attribute
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 10.2 Billion
Market Forecast in 2032
US$ 12.1 Billion
Market Growth Rate 2024-2032
1.7%
Output management software (OMS) is an application-based tool that is used by organizations to automate and centralize document management. It links software applications to digital channels, such as emails and portals, to minimize the paperwork and needless printing of documents. The output from applications, such as customer relationship management (CRM) and enterprise resource planning (ERP) can be forwarded to a printer or a web-based document processor at any desired destination. OMS aids in enhancing the efficiency of administrative tasks by integrating workflow management systems, owing to which it finds extensive applications across various industries, including healthcare, education, banking, financial services and insurance (BFSI) and information technology (IT).
The growing information technology (IT) industry, along with the emerging trend of automation across the globe, represent as the key factors driving the growth of the market. The OMS makes it convenient for organizations to expand the network of their printing tools for producing, managing and distributing the business output information across various locations. This eliminates the requirement for additional printing devices across multiple organizational departments, thereby enhancing the cost-efficiency and productivity of the organization. Furthermore, increasing product adoption in the healthcare sector is also providing a boost to the market growth. OMS solutions are employed in various healthcare centers to assist clinicians in gaining convenient access to large amounts of data and ensure the seamless delivery of system-generated documents to the patients. Other factors, such as outsourcing of these solutions and shifting consumer preference toward paperless operations, are also projected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global output management software market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on component, deployment type, organization size and vertical.
Breakup by Component:
Solutions
Services
Breakup by Deployment Type:
Cloud-based
On-premises
Breakup by Organization Size:
Large Enterprises
Small and Medium Enterprises
Breakup by Vertical:
BFSI
Manufacturing
Healthcare
Education
Others
Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined with some of the key players being Broadcom Inc., DocPath Corporation, HP Development Company, Kyocera Corporation, LBM Systems, Levi Ray & Shoup Inc., Lexmark International, Quadient, Plus Technologies LLC, Ricoh Company, Rochester Software Associates Inc., etc.
Report Coverage:
Report Features
Details
Base Year of the Analysis
2023
Historical Period
2018-2023
Forecast Period
2024-2032
Units
US$ Billion
Segment Coverage
Component, Deployment Type, Organization Size, Vertical, Region
Region Covered
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered
Broadcom Inc., DocPath Corporation, HP Development Company, Kyocera Corporation, LBM Systems, Levi Ray & Shoup Inc., Lexmark International, Quadient, Plus Technologies LLC, Ricoh Company and Rochester Software Associates Inc.
Customization Scope
10% Free Customization
Report Price and Purchase Option
Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support
10-12 Weeks
Delivery Format
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)
Key Questions Answered in This Report
The global output management software market was valued at US$ 10.2 Billion in 2023.
We expect the global output management software market to exhibit a CAGR of 1.7% during 2024-2032.
The rising applications of output management software across numerous organizations to automate and centralize document management, along with the emerging outsourcing trend, are primarily driving the global output management software market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of output
management software in various healthcare centers to aid in gaining convenient access to large
amounts of data and ensure seamless delivery of system-generated documents to the patients.
Based on the component, the global output management software market has been segmented into solutions and services. Currently, solutions represent the largest market share.
Based on the vertical, the global output management software market can be bifurcated into BFSI, manufacturing, healthcare, education, and others. Among these, the manufacturing sector accounts for the majority of the total market share.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global output management software market include Broadcom Inc., DocPath Corporation, HP Development Company, Kyocera Corporation, LBM Systems, Levi Ray & Shoup Inc., Lexmark International, Quadient, Plus Technologies LLC, Ricoh Company, Rochester Software Associates Inc., etc.
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