TECH SUPPLIER Jun 2021 - Market Forecast - Doc # US46357221

Worldwide and U.S. Document Solutions Software Forecast, 2021–2025

By: Geoffrey WilburResearch Manager, Print Industry Forecasts, Robert PalmerResearch Vice President, Imaging, Printing, and Document Solutions

Abstract

The IDC study is aligned with the methodology used by IDC's Worldwide Semiannual Software Tracker. The forecast includes revenue generated by only the original software manufacturer or independent software vendor (ISV). The reseller's markup is excluded. (It is important to note that some of the printing equipment manufacturers also function as ISVs.)

"Although the office printing market is mature, COVID-19 ushered in rapid change, accelerating demand for document solutions that can seamlessly manage, monitor, and secure documents and devices that are on premises and in workers' home offices, says Geoffrey Wilbur, research manager, IDC's Imaging, Printing, and Document Solutions group. "Vendors that can help customers navigate the challenges of the hybrid workforce will be poised to take advantage of projected market growth over the next several years."


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