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Information & Records Management Services Market Size, Share Global Analysis Report, 2019 – 2027

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Information & Records Management Services Market By Offerings (Digitization, Cloud Storage, Shredding, and Physical Storage), By Organization Size (Large Enterprises and Small & Medium-sized Enterprises), and By Verticals (BFSI (Banking, Financial Services and Insurance), Hospitability, Automotive, Government, Transportation, Media & Entertainment, IT & Telecom, Retail, Healthcare, and Law Firms): Global Industry Perspective, Comprehensive Analysis, and Forecast 2019 – 2027

Industry Insights

The report covers the forecast and analysis of the information & records management services market on a global and regional level. The study provides historical data from 2013 to 2018 along with a forecast from 2019 to 2027 based on revenue (USD Million). The study includes drivers and restraints of the information & records management services market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the information & records management services market on a global level.

Global Information & Records Management Services Market Size

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In order to give the users of this report a comprehensive view of the information & records management services market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the information & records management services market by segmenting the market based on the offerings, organization size, verticals, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2027. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The growing significance of retaining historical records of the firm along with the constant acceptance of paperless solutions are the major aspects steering the demand for document management system in the manufacturing and healthcare sectors. With electronic data storage activities resulting in reduced operational costs as well as streamlined document storage, the market for information & record management services is likely to gain traction over the forecast period. In addition to this, the growing adoption of cloud computing technologies by firms has assisted them in designing outstanding document management systems, thereby generating a humungous demand for information & record management services in recent years. 

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 147,090 Million

Projected Market Size in 2027

USD 236,910 Million

CAGR Growth Rate

5.5% CAGR

Base Year

2018

Forecast Years

2019-2027

Key Market Players

AGS, Restore plc, Cube Records Management Services, EDM Group Limited, Data Keeping Service Co. Ltd., FS Records, Iron Mountain Incorporated, SRM, IKON BPS Pvt Ltd., Mitex International (H.K.)Ltd., Starbic Business Solutions Pvt. Ltd., and Wanbishi Archives Co. Ltd.

Key Segment

By Offerings, By Organization Size, By Verticals, and By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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Based on the offerings, the industry is divided into Digitization, Cloud Storage, Shredding, and Physical Storage. On the basis of organization size, the market is classified into Large Enterprises and Small & Medium-sized Enterprises. In terms of verticals, the industry is divided into BFSI (Banking, Financial Services, and Insurance), Hospitability, Automotive, Government, Transportation, Media & Entertainment, IT & Telecom, Retail, Healthcare, and Law Firms.

logoCompetitive Analysis

  • AGS
  • Restore plc
  • Cube Records Management Services
  • EDM Group Limited
  • Data Keeping Service Co. Ltd.
  • FS Records
  • Iron Mountain Incorporated
  • SRM
  • IKON BPS Pvt Ltd.
  • Mitex International (H.K.)Ltd.
  • Starbic Business Solutions Pvt. Ltd.
  • Wanbishi Archives Co. Ltd.

Industry Major Market Players

  • AGS,
  • Restore plc,
  • Cube Records Management Services,
  • EDM Group Limited,
  • Data Keeping Service Co. Ltd.,
  • FS Records,
  • Iron Mountain Incorporated,
  • SRM,
  • IKON BPS Pvt Ltd.,
  • Mitex International (H.K.)Ltd.,
  • Starbic Business Solutions Pvt. Ltd.Wanbishi Archives Co. Ltd

 

Frequently Asked Questions

Information & records management is an organizational function that helps in the creation & maintenance of a system for dealing with records throughout the lifecycle of the firm. Moreover, record management includes everything ranging from the record creation to its discarding.
One of the major causes for the growth of the global Information & Records Management Services market is a rise in the usage of medical document management systems for patient record management activities.
According to a study, the global Information & Records Management Services market size was worth around USD 147,090 million in 2018 and is predicted to grow to around USD 236,910 million by 2027
The CAGR value of the Information & Records Management Services market is expected to be around 5.5% during 2019-2027.
North American region will contribute notably towards the global Information & Records Management Services market value
Major Key players involved in the information & records management business include AGS, Restore plc, Cube Records Management Services, EDM Group Limited, Data Keeping Service Co., Ltd., FS Records, Iron Mountain Incorporated, SRM, IKON BPS Pvt Ltd., Mitex International (H.K.)Ltd., Starbic Business Solutions Pvt. Ltd., and Wanbishi Archives Co., Ltd.