Document Management Services in the UK - Industry Market Research Report

Shredding It Up: Increased Outsourcing Maintains Growth In the Face of Heavy Competition From Cloud Services

Strict data protection regulations and a preference shown by downstream businesses to outsource document management services amid rising cost pressures have ramped up demand for document management services in recent years. This trend has been most prominent within the public sector, where departmental budget cuts have forced government departments to downsize their estates. Strengthening demand for digitisation services has also supported the industry over the past five years. However, competition from companies specialising in cloud storage, as well as technological developments enabling businesses to store files digitally, have curtailed growth. Companies in this industry provide document management services to other businesses and government clients. Industry services include document storage, record management and secure document destruction. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.