Document outsourcing involves the outsourcing of document processing to a third-party service provider. Document processing service providers convert typed and handwritten text into paper-based electronic documents by using intelligent character recognition (ICR), data entry techniques, and optical character recognition (OCR).
Scope of the Report:
The global document outsourcing services market is anticipated to expand at a single-digit CAGR over the next five years. Increasing demand for end-to-end document outsourcing services is projected to be the key factor for the growth of this market. Other key factors for the growth of this market include decreasing print volumes, increasing demand for new technologies, and a focus on reducing the operational costs.
Globally, organisations are understanding the importance of having a seamless process for business processes so that they can get maximum productivity from their resources. Organisations around the world are banking on the expertise of third-party service providers for their document processing services and this is projected to be another reason for the growth of the global document outsourcing services market.
On the other hand, document outsourcing services providers are trying their best to capitalise on the opportunities provided to them and they are offering a variety of document processing services to their clients. As more service providers broaden their portfolios, it is forecasted that there will be an increase in the number of organisations outsourcing their document processing work, and this will lead to a growth in the market over the next five years.
Technological innovations have brought dramatic changes in the whole process of document processing and due to this many organisations have become increasingly reliant on third-party vendors for managing their document processing services. Furthermore, most organisations don't have the time or resources to train their employees on new tools and systems. This is where document processing service providers are stepping and helping the organisations with end-to-end solutions. These factors are further projected to contribute to the growth of the global document outsourcing services market through 2020.
The global Document Outsource market is valued at 15000 million USD in 2018 and is expected to reach 14300 million USD by the end of 2024, growing at a CAGR of -0.8% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Document Outsource.
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Document Outsource market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Document Outsource market by product type and applications/end industries.
Market Segment by Companies, this report covers
Ricoh
Accenture
HP
Arvato
Xerox
Lexmark International
ABBYY
Canon
Swiss Post
ARC Document Solutions
Konica Minolta
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
Market Segment by Applications, can be divided into
Small Enterprise
Medium Enterprise
Large Enterprise
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Document Outsource Market Overview
1.1 Product Overview and Scope of Document Outsource
1.2 Classification of Document Outsource by Types
1.2.1 Global Document Outsource Revenue Comparison by Types (2019-2024)
1.2.2 Global Document Outsource Revenue Market Share by Types in 2018
1.2.3 Market Segments
1.2.4 Market Dynamics
1.2.5 Market Size
1.2.6 Supply & Demand
1.2.7 Current Trends/Issues/Challenges
1.2.8 Competition & Companies involved
1.2.9 Technology
1.2.10 Value Chain
1.3 Global Document Outsource Market by Application
1.3.1 Global Document Outsource Market Size and Market Share Comparison by Applications (2014-2024)
1.3.2 Small Enterprise
1.3.3 Medium Enterprise
1.3.4 Large Enterprise
1.4 Global Document Outsource Market by Regions
1.4.1 Global Document Outsource Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Document Outsource Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Document Outsource Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Document Outsource Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Document Outsource Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Document Outsource Status and Prospect (2014-2024)
1.5 Global Market Size of Document Outsource (2014-2024)
2 Manufacturers Profiles
2.1 Ricoh
2.1.1 Business Overview
2.1.2 Document Outsource Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Ricoh Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.2 Accenture
2.2.1 Business Overview
2.2.2 Document Outsource Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Accenture Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.3 HP
2.3.1 Business Overview
2.3.2 Document Outsource Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 HP Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.4 Arvato
2.4.1 Business Overview
2.4.2 Document Outsource Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Arvato Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.5 Xerox
2.5.1 Business Overview
2.5.2 Document Outsource Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 Xerox Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.6 Lexmark International
2.6.1 Business Overview
2.6.2 Document Outsource Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Lexmark International Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.7 ABBYY
2.7.1 Business Overview
2.7.2 Document Outsource Type and Applications
2.7.2.1 Product A
2.7.2.2 Product B
2.7.3 ABBYY Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.8 Canon
2.8.1 Business Overview
2.8.2 Document Outsource Type and Applications
2.8.2.1 Product A
2.8.2.2 Product B
2.8.3 Canon Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.9 Swiss Post
2.9.1 Business Overview
2.9.2 Document Outsource Type and Applications
2.9.2.1 Product A
2.9.2.2 Product B
2.9.3 Swiss Post Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.10 ARC Document Solutions
2.10.1 Business Overview
2.10.2 Document Outsource Type and Applications
2.10.2.1 Product A
2.10.2.2 Product B
2.10.3 ARC Document Solutions Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
2.11 Konica Minolta
2.11.1 Business Overview
2.11.2 Document Outsource Type and Applications
2.11.2.1 Product A
2.11.2.2 Product B
2.11.3 Konica Minolta Document Outsource Revenue, Gross Margin and Market Share (2017-2018)
3 Global Document Outsource Market Competition, by Players
3.1 Global Document Outsource Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Document Outsource Players Market Share
3.2.2 Top 10 Document Outsource Players Market Share
3.3 Market Competition Trend
4 Global Document Outsource Market Size by Regions
4.1 Global Document Outsource Revenue and Market Share by Regions
4.2 North America Document Outsource Revenue and Growth Rate (2014-2019)
4.3 Europe Document Outsource Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Document Outsource Revenue and Growth Rate (2014-2019)
4.5 South America Document Outsource Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Document Outsource Revenue and Growth Rate (2014-2019)
5 North America Document Outsource Revenue by Countries
5.1 North America Document Outsource Revenue by Countries (2014-2019)
5.2 USA Document Outsource Revenue and Growth Rate (2014-2019)
5.3 Canada Document Outsource Revenue and Growth Rate (2014-2019)
5.4 Mexico Document Outsource Revenue and Growth Rate (2014-2019)
6 Europe Document Outsource Revenue by Countries
6.1 Europe Document Outsource Revenue by Countries (2014-2019)
6.2 Germany Document Outsource Revenue and Growth Rate (2014-2019)
6.3 UK Document Outsource Revenue and Growth Rate (2014-2019)
6.4 France Document Outsource Revenue and Growth Rate (2014-2019)
6.5 Russia Document Outsource Revenue and Growth Rate (2014-2019)
6.6 Italy Document Outsource Revenue and Growth Rate (2014-2019)
7 Asia-Pacific Document Outsource Revenue by Countries
7.1 Asia-Pacific Document Outsource Revenue by Countries (2014-2019)
7.2 China Document Outsource Revenue and Growth Rate (2014-2019)
7.3 Japan Document Outsource Revenue and Growth Rate (2014-2019)
7.4 Korea Document Outsource Revenue and Growth Rate (2014-2019)
7.5 India Document Outsource Revenue and Growth Rate (2014-2019)
7.6 Southeast Asia Document Outsource Revenue and Growth Rate (2014-2019)
8 South America Document Outsource Revenue by Countries
8.1 South America Document Outsource Revenue by Countries (2014-2019)
8.2 Brazil Document Outsource Revenue and Growth Rate (2014-2019)
8.3 Argentina Document Outsource Revenue and Growth Rate (2014-2019)
8.4 Colombia Document Outsource Revenue and Growth Rate (2014-2019)
9 Middle East and Africa Revenue Document Outsource by Countries
9.1 Middle East and Africa Document Outsource Revenue by Countries (2014-2019)
9.2 Saudi Arabia Document Outsource Revenue and Growth Rate (2014-2019)
9.3 UAE Document Outsource Revenue and Growth Rate (2014-2019)
9.4 Egypt Document Outsource Revenue and Growth Rate (2014-2019)
9.5 Nigeria Document Outsource Revenue and Growth Rate (2014-2019)
9.6 South Africa Document Outsource Revenue and Growth Rate (2014-2019)
10 Global Document Outsource Market Segment by Type
10.1 Global Document Outsource Revenue and Market Share by Type (2014-2019)
10.2 Global Document Outsource Market Forecast by Type (2019-2024)
10.3 Market Segments Revenue Growth Rate (2014-2024)
10.4 Market Dynamics Revenue Growth Rate (2014-2024)
10.5 Market Size Revenue Growth Rate (2014-2024)
10.6 Supply & Demand Revenue Growth Rate (2014-2024)
10.7 Current Trends/Issues/Challenges Revenue Growth Rate (2014-2024)
10.8 Competition & Companies involved Revenue Growth Rate (2014-2024)
10.9 Technology Revenue Growth Rate (2014-2024)
10.10 Value Chain Revenue Growth Rate (2014-2024)
11 Global Document Outsource Market Segment by Application
11.1 Global Document Outsource Revenue Market Share by Application (2014-2019)
11.2 Document Outsource Market Forecast by Application (2019-2024)
11.3 Small Enterprise Revenue Growth (2014-2019)
11.4 Medium Enterprise Revenue Growth (2014-2019)
11.5 Large Enterprise Revenue Growth (2014-2019)
12 Global Document Outsource Market Size Forecast (2019-2024)
12.1 Global Document Outsource Market Size Forecast (2019-2024)
12.2 Global Document Outsource Market Forecast by Regions (2019-2024)
12.3 North America Document Outsource Revenue Market Forecast (2019-2024)
12.4 Europe Document Outsource Revenue Market Forecast (2019-2024)
12.5 Asia-Pacific Document Outsource Revenue Market Forecast (2019-2024)
12.6 South America Document Outsource Revenue Market Forecast (2019-2024)
12.7 Middle East and Africa Document Outsource Revenue Market Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Document Outsource Picture
Table Product Specifications of Document Outsource
Table Global Document Outsource and Revenue (Million USD) Market Split by Product Type