Output Management Software Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026

Report ID: GMI2576




Summary Methodology

Output Management Software Market size is expected to exhibit a lucrative growth over the forecast period due to the growing need for efficiently producing, managing, and distributing business output information. As the output management software simplifies the management of business output documents by integrating different enterprise workflow management systems, IT administrative tasks can be accelerated resulting in the reduced IT expenditure in enterprises.
 

The output management software market is defined as a commercial software that enables organizing, enhancing, dynamically routing, securing, and delivering critical business documents created by enterprise management systems such as Enterprise Resource Planning (ERP), Customer Relationship Management (CRM), Healthcare Management Systems (HMS), and accounting systems. The software helps in capturing and formatting business information for reliable and secure document delivery in hard copy or electronic form. It minimizes unnecessary printing in enterprises by tracking the document printing and access to enable cost reduction and compliance management.
 

The numerous benefits offered by the solution also foster the growth of the output management software market. It facilitates the reliable delivery of print jobs to output resources such as printers, fax-destinations, web, and email destinations in distributed and non-distributed space. Through these solutions, administrators manage delivery operations centrally, while eliminating the limitations of point solutions that address the requirements of an independent user. The fast delivery of reports from numerous simultaneous processes or users to many fax machines, printers, emails, and other destinations can be easily managed through these solutions fueling output management software market. Enterprises derive immense value from these solutions in terms of significant reduction in the number of help desk calls, improved on-time performance, accurate tracking, and monitoring of business documents generated from ERP systems, reduced distribution, and shipping costs along with the reduction in network traffic originating from the enterprise’s central website.
 

North America is expected to hold the majority share of the output management software market over the forecast period due to the robust growth in the BFSI sector in the region along with the rising adoption of solutions by the healthcare industry in the U.S. As the region is witnessing a rapid digitization in the healthcare sector due to favorable government initiatives, it is expected to dominate the global output management software market between 2018 and 2024. Asia Pacific output management software market is expected to register accelerated growth during the forecast period due to a growing trend among enterprises in North America and Europe to outsource output management functions, such as print management, to the companies operating in Asia Pacific. The outsourcing allows these companies to focus on their core competencies such as research and development, product designing, and commercialization.
 

The companies operating in the output management software market focus on product development and aim at introducing tailor-made solutions for specific applications in a diverse range of customer segments. For instance, in November 2017, Lexmark International, one of the leading global providers of imaging solutions introduced the Lexmark Advanced Output Management solution for the healthcare sector. The system provides an advanced queue management software coupled with durable, easy-to-use Lexmark printers to provide highly accurate, reliable, and fast delivery of healthcare information. Similarly, in June 2016, Neopost, a global provider of mailing, shipping, and document management solutions announced the availability of the version 5 of its OMS-500 output management software solution, which enables Small and Medium Enterprise (SMEs) to efficiently manage their customer-oriented communication functions across digital and physical channels.
 

Some of the companies operating in the output management software market are Lexmark, Levi, Ray & Shoup (LRS), CA Technologies, Ricoh, Neopost, KYOCERA, DocuMatrix, HP Development Company, Plus Technologies, Barr Systems, Rochester Software Associates, Pitney Bowes, OpenText, Nuance, Formate, Fuji Xerox, and Unisys.
 


What Information does this report contain?

Historical data coverage: 2015 to 2019; Growth Projections: 2020 to 2026.
Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7 year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.


Customize this Report

Pre Book Now

Need a Discount? Get in touch with us for special pricing

Request Discount

Our Market Research Reports Include:

  • Market snapshot
  • Market Segmentation
  • Value Chain Analysis
  • Growth Dynamics
  • Potential Market Opportunities
  • Regulatory Overview
  • Technology Evolution
  • Innovation & Sustainability

Connect with our sales team

Benefits of Association

Data Coverage & Quality

GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth.

Client Trust & Security

GMI maintains strict code of conduct as a business and is committed to ensure that the privacy and trust of our clients are always maintained. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines.

Customer Service

Our customers rely on us to produce accurate, reliable and timely information. Service orientation is a key mission for us as an organization; our process is guided by the desire to ensure that our clients are provided the best possible solutions in optimal timeframe. GMI stands by its commitment to service, providing timely assistance in both pre-sales and post-sales support for our clients.

GMIPulse, our report store

We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Clients can access reports, presentations, raw data excel sheets as well as detailed company profiles. GMIPulse allows you to track relevant industries and stay informed with latest innovation, competitive and regulatory developments to help design strategic framework.

Chat with us
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies. More info X