March 22, 2006 -- InfoTrends’ new report, U.S. Office Document Solutions Forecast: 2004-2009, quantifies and defines the current state and future growth prospects for installation services, software applications, and professional consulting/implementation services being marketed with and around networked office equipment in the U.S. This market estimate and forecast focuses specifically on the relatively new class of software-based solutions that are targeting ad-hoc workgroup processes. InfoTrends estimates that the overall office document solutions market will grow 33% year-over-year, rising from $431 million in 2004 to $572 million in 2005. The market is expected to show a CAGR of 27% over the forecast period, reaching total revenues of $1.4 billion in 2009. The growth rate incorporates all revenue categories, including software licenses, professional/support services, software maintenance, and installation services. The report finds significant evidence that software-based solutions are becoming an increasingly critical factor in the sale of office equipment hardware. Comparing estimated hardware revenues for devices sold with and without software solutions, forecasts show that hardware sold with solutions is expected to increase at a compound annual growth rate (CAGR) of 29% from 2004 to 2009. Hardware sold independent of any solution, on the other hand, is projected to decline at a CAGR of -11%.