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Global Electronic Records Management Solutions Market

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aarti ghodke

 

Global Electronic Records Management Solutions Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at a CAGR of 9.80 % during a forecast period.

 

 

 

 

 

Electronic records management (EMR) solutions are used for creation, storage, and control documents. The ERM solutions are helping to reduce the requirement for paper-based documentation and enhance the streamlined workflow. The ERM solutions contain document management, Images, and text retrieval process.

 

An increase in the emphasis on retaining historical company record is one of the key drivers in the global electronic records management solutions market. The availability of big data information and concern about managing, storing, and tracking information are expected to increase the demand for ERM solutions. Additionally, the rise in the volume of information across an array of sectors like BFSI, IT & telecom, transportation & logistics, and retail are expected to boost the market growth.

 

On the other hand, rise in the number of security breaches and high implementation and maintenance cost of on-premise solutions are some of the factors, which are expected to limit the growth of the global electronic records management solutions market

 

The cloud-based electronic records management solutions are expected to grow at a XX% rate of CAGR during the forecast period. The Cloud-based EDMS offers the feature includes low maintenance cost and superior hyper-collaborative tools, which enable the users to adopt the technology without having to change their information architecture. Additionally, ease of information access and storage and low subscription costs of cloud-based solutions are increasing the penetration of the cloud-based solutions in the global electronic records management solutions market.

 

The BFSI (banking, financial services, and insurance) sector is expected to contribute the US$ XX Mn in the global electronic records management solutions market. ERM solutions are play a vital role in the BFSI sector. The usages of the ERM solutions empower users with fast customer service and helps to reduce the time for waiting in long queues. The computerized workflow of electronic records management solutions is assisted to reduce the time, which is required to complete the loop of several transactions. Additionally, key players in the market are offering electronic records management solutions to achieve large financial gains to avoid redundant paper-based and printing costs.

Region-wise, the North America region held the dominant position in 2018 and the region is expected to keep its dominance during the forecast period (2019-2026). The presence of the prominent ERM solution provider, increase in adoption of the SaaS-based solutions and cloud-based services are some of the prominent drivers for the growth market in the region.

 

In the current market scenario, service providers in the global electronic records management solutions market are focusing on the adoption of the cloud-based solutions to form a centralized network to back up essential documents and confidential information. The ERM solutions are used for intelligently automate and simplify the electronic records management process in organizations across the globe.

 

The objective of the report is to present a comprehensive analysis of Global Electronic Records Management Solutions Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Electronic Records Management Solutions Market dynamics, structure by analysing the market segments and project the Global Electronic Records Management Solutions Market size. Clear representation of competitive analysis of key players by Thyroid Gland Disorders Treatment Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Electronic Records Management Solutions Market make the report investor’s guide.

 

The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.

The Scope of the Report for Global Electronic Records Management Solutions Market

 

Global Electronic Records Management Solutions Market, By Solution

 

  • Software
  • Service
  • Installation & Integration
  • Consulting
  • Training

Global Electronic Records Management Solutions Market, By Deployment

 

  • On-premise
  • Cloud-based

Global Electronic Records Management Solutions Market, By Application

 

  • Government (Aerospace & Defence, Oil, Gas & Utilities, Transportation)
  • Medical (Patient Admission, Billing, Imaging, Record Management)
  • Commercial (Small & Medium Scale Enterprises)
  • BFSI
  • Legal
  • Education
  • Others

Global Electronic Records Management Solutions Market, By Region

 

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Key players operating in Global Electronic Records Management Solutions Market

 

  • Adobe Systems Incorporated
  • Alfresco One Software
  • OpenText Corporation
  • Ideagen Plc.
  • Lucion Technologies
  • MasterControl Inc.
  • Microsoft Corporation
  • Oracle Corporation
  • Zoho Corporation.
  • CGI Group Inc.
  • Epicor Software Corporation
  • DocSTAR
  • Dropbox Business
  • Dokmee
  • EFileCabinet
  • M-Files Corporation
  • Google
  • T-Systems International GmbH
  • Hyland Software, Inc.

 

Fore More Information Visit  https://www.maximizemarketresearch.com/market-report/global-electronic-records-management-solutions-market/41723//This Report Is Submitted By : Maximize Market Research Company

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Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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