This IDC study presents a five-year forecast for the worldwide output management software market as of November 2015. This study updates the previous forecast published in Worldwide Output Management Software Forecast Update, 2015–2019: 3rd Platform Technologies Foster Market Growth (IDC #257217, July 2015). Refer back to Figure 1 for a summary snapshot of the five-year forecast showing annual market revenue, annual growth percentages, and breakouts by on-premise/other software and public cloud. CAGRs are shown for the total market and both on-premise/other software and public cloud. Refer to Table 1 for the detailed revenue and annual growth data underlying Figure 1.
"Today more than ever, IT executives and managers are looking for ways to lower costs while delivering business productivity benefits to the enterprise. Likewise, output management solutions bring forth advanced document delivery features and functions that can help achieve these imperatives," comments Robert Young, research director, IT Service Management and Client Virtualization Software service.