Document Preparation Services in the US - Industry Market Research Report

Document Preparation Services in the US - Industry Market Research Report

  • May 2017
  • 37 pages
  • Ibisworld
Report ID: 209198

Proofed: Rising healthcare expenditure will boost demand but competition will hinder growth

Document Preparation Services in the US

The Document Preparation Services industry experienced remarkable growth less than a decade ago; however, the industry's growth rate has since slowed considerably. Confronted with decelerating demand from key markets, combined with increased pressure to lower prices due to intense competition, the industry has failed to sustain its previous levels of growth and is entering a plateau life cycle phase. Moving forward, increasing health expenditure associated with newer healthcare regulations will help boost revenue as demand for transcription services increases. Unfortunately for industry operators, increasing external competition is likely to offset most of this growth opportunity in the long term. Overall, IBISWorld expects that revenue growth to grow at a slow rate over the five years to 2022.

This industry encompasses several services including letter or resume writing; document editing or proofreading; word processing or desktop publishing; transcription or dictation; and other secretarial services. This industry does not include document translation services, graphic design, court reporting, prepress and postpress services or document copying services.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES

Nuance Communications Inc.

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Country=UnitedStates Industry=Healthcare ParentIndustry=Healthcare Date=201705 Topic=MarketReport Publisher=Ibisworld Price=1000