Document Preparation Services in Australia - Market Research Report

Document Preparation Services industry trends (2014-2019)

poll Average industry growth 2014–2019: -0.4%

The Document Preparation Services industry is declining due to slowing demand. Demand for many of the industry's services, such as word processing and document proofing, is falling due to technological change. However, steady demand for transcription services, the industry's largest service segment, has limited declines in industry revenue over the past five years. Larger industry players have secured various long-term transcription contracts with government departments and state justice systems, benefiting the industry. These entities have been increasingly outsourcing transcription services due to perceived cost advantages. Despite this positive factor, increasing adoption of speech-to-text and speech recognition technology has constrained growth i...
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Document Preparation Services industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Document Preparation Services industry is anticipated to continue struggling over the next five years. Industry revenue is projected to fall at an annualised X.X% over the five years through XXX-XX, to $XX.X million. Greater automation is projected to have both positive and negative effects on the industry over the period. While automation will make industry players more efficient at providing their services, the advances in and proliferation of transcription and other document preparation technology will increasingly allow businesses to cheaply and accurately perform document preparation services in-house. In addition, the continued shift towards offshoring services to countries with lower wage costs, such as India, is anticipated to place downw...
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Document Preparation Services industry statistics

  • business Number of Businesses: 1,241
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 1,627

Biggest companies in the Document Preparation Services industry

The companies holding the largest market share in the Document Preparation Services in Australia industry include FTR Group Pty Ltd.

  • pie_chart FTR Group Pty Ltd Market Share: x.x%
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What is Document Preparation Services industry?

Industry Definition

Industry operators provide services related to preparing documents. This includes services such as typing, word processing, letter or resume writing, editing and proofreading, desktop publishing, and stenographic and transcription services.

Industry Products and Services

  • Court and legal transcription services
  • Other transcription services
  • Other services
  • All Others

Industry Activities

  • Desktop publishing services
  • Document editing or proofreading services
  • Letter writing services
  • Resume writing services
  • Stenographic services
  • Transcription services
  • Typing services
  • Word processing services

Market research report - table of contents

Industry Definition

Industry operators provide services related to preparing documents. This includes services such as typing, word processing, letter or resume writing, editing and proofreading, desktop publishing, and stenographic and transcription services.

Main Activities

  • Desktop publishing services
  • Document editing or proofreading services
  • Letter writing services
  • Resume writing services
  • Stenographic services
  • Transcription services
  • Typing services
  • Word processing services

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

Law firms and courts are a major source of demand for document preparation services. Consequently, trends in the Legal Services industry influence demand ...
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Demand from legal services
Demand from financial and insurance services
Demand from health services
Business confidence index

Current Performance

Transcription service
Outsourcing overseas
 Chart: Revenue Growth

Industry Outlook

Profit
Demand trends
 Table: Document Preparation Services in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Document Preparation Services in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Newspaper Publishing in Australia
General Insurance in Australia
Legal Services in Australia
Consumers



Key Selling Industries

Data Storage Services in Australia
Computer and Software Retailing in Australia





Products & Services

The Document Preparation Services industry's operators derive the bulk of their revenue from transcription services. These services are typically demanded...
Other companies
Government agencies
Legal firms
Small business and consumers


Demand Determinants

Demand for the industry's services is primarily underpinned by the need to have information in written form. Government-regulated reporting requirements m...
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Major Markets

Other companies
Government agencies
Legal firms
Small business and consumers



 Chart: Major Market Segmentation for the Document Preparation Services in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Document Preparation Services industry is characterised by low market share concentration, with the top four players estimated to account for less tha...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Document Preparation Services in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Document Preparation Services in Australia - Market Research Report Industry

Industry Globalization

FTR Group Pty Ltd is an Australian company that mainly derives revenue from digital court recording and transcription services, and selling associated har...
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Auscript

 Table: Auscript - financial performance

Capital Intensity

The industry is characterised by low capital intensity due to the importance of labour in providing the industry's services. For every dollar invested in ...
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 Chart: Level of Capital Intensity for the Document Preparation Services in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Document Preparation Services in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

STENOGRAPHY

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

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This report on Document Preparation Services in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Document Preparation Services in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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