PUBLISHER: TechNavio | PRODUCT CODE: 1627020
PUBLISHER: TechNavio | PRODUCT CODE: 1627020
Intelligent Document Processing (Idp) Market 2024-2028
The intelligent document processing (Idp) market is forecasted to grow by USD 7379.7 mn during 2023-2028, accelerating at a CAGR of 40.94% during the forecast period. The report on the intelligent document processing (Idp) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing use of big data analytics, reduction of document management costs, and introduction of cloud-based deployment solutions.
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 31.94% |
CAGR | 40.94% |
Incremental Value | $7379.7 mn |
Technavio's intelligent document processing (Idp) market is segmented as below:
By Component
By End-user
By Geographical Landscape
This study identifies the integration of idp software with ml as one of the prime reasons driving the intelligent document processing (Idp) market growth during the next few years. Also, use of intelligent character recognition in idp software and increasing use of idp software solutions in healthcare industry will lead to sizable demand in the market.
The report on the intelligent document processing (Idp) market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading intelligent document processing (Idp) market vendors that include ABBYY Solutions Ltd., Adobe Inc., Alphabet Inc., Amazon.com Inc., Automation Anywhere Inc., Capgemini Service SAS, Celaton Ltd., DATAMARK Inc., Datamatics Global Services Limited, Dell Technologies Inc., International Business Machines Corp., Kofax Inc., Lexmark International Inc., M Files, Microsoft Corp., OpenText Corp., SAP SE, SS and C Technologies Holdings Inc., UiPath Inc., and WorkFusion Inc.. Also, the intelligent document processing (Idp) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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