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The global electronic document management system market is expected to see rapid growth in the next few years, reaching $11.17 billion in 2028 at a CAGR of 15.0%. This growth can be attributed to the increasing focus on collaboration and remote work, advanced search and metadata capabilities, and the incorporation of AI and ML. Major trends in the market include cloud-based solutions, integration with collaboration tools, and advanced security measures. The top companies in the market include Microsoft, Oracle, and Xerox.
