|By PR Newswire||
|December 6, 2013 01:33 PM EST||
DUBLIN, December 6, 2013 /PRNewswire/ --
Research and Markets
( http://www.researchandmarkets.com/research/kmgnc9/global_output) has announced the addition of the "Global Output Management Software Market 2012-2016" report to their offering.
The analysts forecast the Global Output Management Software market to grow at a CAGR of 1.89 percent over the period 2012-2016. One of the key factors contributing to this market growth is the need to improve efficiency and reduce the overall cost of document delivery. The Global Output Management Software market has also been witnessing the increasing demand for software-as-a-service based solutions. However, high implementation costs could pose a challenge to the growth of this market.
The key vendors dominating this space include Adobe Systems Inc., Esker Software Corp., Hewlett-Packard Co., and IBM Corp.
The other vendors mentioned in this report are ASG-Cypress, BMC Software Inc., CA Technologies Inc., Emtex Inc., LRS Inc. Macro 4, Oce Corp., and Solimar Systems Inc.
Commenting on the report, an analyst from the team said: One of the main trends witnessed in the Global Output Management Software market is the growth of the social media network. The social media network has become a major data source for many organizations. The increasing advancements in text and the low utilization of paper documents are encouraging organizations to include social media network in their business process. This is because the usage of the social media enables organizations to provide instant feedback through blogs and social networking websites. With the rise of the social media, there is also a high demand to track user interactions on these sites.
According to the report, one of the main factors driving the market is the need for fast and easy access to data. Output solutions provide transparent information on enterprise performance and provide better output through the right channel. These solutions also help enterprises to store a large volume of data relating to product portfolios and employee details for future use.
For more information visit http://www.researchandmarkets.com/research/kmgnc9/global_output
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SOURCE Research and Markets