Document Management Systems Market Share

Statistics for the 2023 & 2024 Document Management Systems market share, created by Mordor Intelligence™ Industry Reports. Document Management Systems share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Document Management Systems Industry

The document management systems market has gained a competitive edge in recent years. It consists of several major players. A few significant players currently dominate the market in terms of market share. However, the increasing demand to maintain the rapidly growing patient records has enabled companies to innovate and provide strategic document management systems. Many companies are increasing their market presence by securing new contracts and tapping into new markets.

In May 2023, Xiao-I Corporation announced the launch of an intelligent document-processing product. The solution is delivered by a smart and efficient platform that streamlines and automates the document management process, empowering businesses toward an era of intelligent operations.

In November 2022, Advanced partnered with Xperate to integrate cloud-based document management with practice and case management solutions. The full version is expected to launch in early 2023.

In September 2022, Syndifi Inc., the cloud-based syndication software built specifically for the Equipment Finance industry, launched a new document management platform functionalities, making it easier for sellers to perform actions such as upload, rename, delete, sort, and reorganize documents with a drag and drop feature and can upload 4 gigabytes of files in a fraction of seconds.

Document Management System Market Leaders

  1. IBM Corporation

  2. Microsoft Corporation

  3. Opentext Corporation

  4. Oracle Corporation

  5. Hyland Software

*Disclaimer: Major Players sorted in no particular order

Document Management System Market Concentration

Document Management System Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)