The Document Management Services industry is expected to perform strongly over the five years through 2014-15. The industry is made up of businesses that provide outsourced document storage, destruction and digital conversion of paper-based records to commercial and government clients. As a result of regulations mandating the retention of company records, the Document Management Services industry has weathered the economic downturn well. IBISWorld estimates that total industry revenue will increase at a compound annual rate of 3.9% over the five years through 2014-15 to reach £855.2 million. This includes forecast growth of 2.7% in the current year.
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.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.