Product Code: A31732
The intelligent document processing market was valued at $1,087.4 million in 2021, and is projected to reach $7,427.48 million by 2031, registering a CAGR of 21.7% from 2022 to 2031. The intelligent document processing process transforms unstructured data. Data that is unstructured or semi-structured may be transformed into information that is organized and useable, enabling the complete automation of business operations that revolve around documents.
The intelligent document processing market share is predicted to expand significantly during the forecast period due to increasing requirements for improved customer satisfaction. Furthermore, the increase in the usage of digitalization and artificial intelligence (AI) fuels the expansion of the market. However, government initiatives associated with compliance requirements are the key factor constraining market expansion. On the contrary, increased market penetration across different end-use verticals is expected to propel intelligent document processing market growth.
The global intelligent document processing market research is segmented into components, organization size, deployment, technology, end-use vertical, and regions. On the basis of components, the market is bifurcated into solutions and services. By organization size, it is divided into large enterprises and small & medium-sized enterprises (SMEs). Based on the deployment the market is segmented into cloud and on-premise. On the basis of technology, the market is segmented into natural language processing (NLP), optical character recognition (OCR), machine learning (ML), artificial intelligence (AI), and others. By end-use vertical, the market is categorized into BFSI, government, healthcare, retail, manufacturing, and others.
Region-wise, the Intelligent document processing market trends are analyzed across North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Netherlands, and the Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). North America, specifically the U.S., remains a significant participant in the global Intelligent document processing industry. Major organizations and government institutions in the country have been actively using intelligent document-processing
The intelligent document processing market is fragmented in nature with many players such ABBYY Solutions Ltd., Datamatics Technologies Ltd., Deloitte Touche Tohmatsu Limited, HCL Technologies Limited, Hyland Software, Inc., Infrrd Inc., International Business Machines Corporation, Kodak Alaris (Eastman Kodak Company), Kofax Inc. and WorkFusion, Inc.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the intelligent document processing market analysis from 2021 to 2031 to identify the prevailing intelligent document processing market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the intelligent document processing market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global intelligent document processing market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Component
By Organization Size
By Deployment Model
By Technology
- Natural Language Processing
- Optical Character Recognition
- Machine Learning
- Artificial Intelligence
- Others
By End Use Vertical
- BFSI
- Government
- Healthcare
- Retail
- Manufacturing
- Others
By Region
- North America
- Europe
- Germany
- Italy
- France
- Spain
- UK
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
- Key Market Players
- ABBYY Solutions Ltd.
- Datamatics Technologies Ltd.
- Deloitte Touche Tohmatsu Limited
- HCL Technologies Limited
- Hyland Software, Inc.
- Infrrd Inc.
- International Business Machines Corporation
- Kodak Alaris (Eastman Kodak Company)
- Kofax Inc.
- WorkFusion, Inc.
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: INTELLIGENT DOCUMENT PROCESSING MARKET, BY COMPONENT
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Solution
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Services
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
CHAPTER 5: INTELLIGENT DOCUMENT PROCESSING MARKET, BY ORGANIZATION SIZE
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 SMEs
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Large Enterprises
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
CHAPTER 6: INTELLIGENT DOCUMENT PROCESSING MARKET, BY DEPLOYMENT MODEL
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Cloud
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market share analysis by country
- 6.3 On Premise
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market share analysis by country
CHAPTER 7: INTELLIGENT DOCUMENT PROCESSING MARKET, BY TECHNOLOGY
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Natural Language Processing
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market share analysis by country
- 7.3 Optical Character Recognition
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market share analysis by country
- 7.4 Machine Learning
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market share analysis by country
- 7.5 Artificial Intelligence
- 7.5.1 Key market trends, growth factors and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market share analysis by country
- 7.6 Others
- 7.6.1 Key market trends, growth factors and opportunities
- 7.6.2 Market size and forecast, by region
- 7.6.3 Market share analysis by country
CHAPTER 8: INTELLIGENT DOCUMENT PROCESSING MARKET, BY END USE VERTICAL
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 BFSI
- 8.2.1 Key market trends, growth factors and opportunities
- 8.2.2 Market size and forecast, by region
- 8.2.3 Market share analysis by country
- 8.3 Government
- 8.3.1 Key market trends, growth factors and opportunities
- 8.3.2 Market size and forecast, by region
- 8.3.3 Market share analysis by country
- 8.4 Healthcare
- 8.4.1 Key market trends, growth factors and opportunities
- 8.4.2 Market size and forecast, by region
- 8.4.3 Market share analysis by country
- 8.5 Retail
- 8.5.1 Key market trends, growth factors and opportunities
- 8.5.2 Market size and forecast, by region
- 8.5.3 Market share analysis by country
- 8.6 Manufacturing
- 8.6.1 Key market trends, growth factors and opportunities
- 8.6.2 Market size and forecast, by region
- 8.6.3 Market share analysis by country
- 8.7 Others
- 8.7.1 Key market trends, growth factors and opportunities
- 8.7.2 Market size and forecast, by region
- 8.7.3 Market share analysis by country
CHAPTER 9: INTELLIGENT DOCUMENT PROCESSING MARKET, BY REGION
- 9.1 Overview
- 9.1.1 Market size and forecast
- 9.2 North America
- 9.2.1 Key trends and opportunities
- 9.2.2 North America Market size and forecast, by Component
- 9.2.3 North America Market size and forecast, by Organization Size
- 9.2.4 North America Market size and forecast, by Deployment Model
- 9.2.5 North America Market size and forecast, by Technology
- 9.2.6 North America Market size and forecast, by End Use Vertical
- 9.2.7 North America Market size and forecast, by country
- 9.2.7.1 U.S.
- 9.2.7.1.1 Key market trends, growth factors and opportunities
- 9.2.7.1.2 Market size and forecast, by Component
- 9.2.7.1.3 Market size and forecast, by Organization Size
- 9.2.7.1.4 Market size and forecast, by Deployment Model
- 9.2.7.1.5 Market size and forecast, by Technology
- 9.2.7.1.6 Market size and forecast, by End Use Vertical
- 9.2.7.2 Canada
- 9.2.7.2.1 Key market trends, growth factors and opportunities
- 9.2.7.2.2 Market size and forecast, by Component
- 9.2.7.2.3 Market size and forecast, by Organization Size
- 9.2.7.2.4 Market size and forecast, by Deployment Model
- 9.2.7.2.5 Market size and forecast, by Technology
- 9.2.7.2.6 Market size and forecast, by End Use Vertical
- 9.3 Europe
- 9.3.1 Key trends and opportunities
- 9.3.2 Europe Market size and forecast, by Component
- 9.3.3 Europe Market size and forecast, by Organization Size
- 9.3.4 Europe Market size and forecast, by Deployment Model
- 9.3.5 Europe Market size and forecast, by Technology
- 9.3.6 Europe Market size and forecast, by End Use Vertical
- 9.3.7 Europe Market size and forecast, by country
- 9.3.7.1 Germany
- 9.3.7.1.1 Key market trends, growth factors and opportunities
- 9.3.7.1.2 Market size and forecast, by Component
- 9.3.7.1.3 Market size and forecast, by Organization Size
- 9.3.7.1.4 Market size and forecast, by Deployment Model
- 9.3.7.1.5 Market size and forecast, by Technology
- 9.3.7.1.6 Market size and forecast, by End Use Vertical
- 9.3.7.2 Italy
- 9.3.7.2.1 Key market trends, growth factors and opportunities
- 9.3.7.2.2 Market size and forecast, by Component
- 9.3.7.2.3 Market size and forecast, by Organization Size
- 9.3.7.2.4 Market size and forecast, by Deployment Model
- 9.3.7.2.5 Market size and forecast, by Technology
- 9.3.7.2.6 Market size and forecast, by End Use Vertical
- 9.3.7.3 France
- 9.3.7.3.1 Key market trends, growth factors and opportunities
- 9.3.7.3.2 Market size and forecast, by Component
- 9.3.7.3.3 Market size and forecast, by Organization Size
- 9.3.7.3.4 Market size and forecast, by Deployment Model
- 9.3.7.3.5 Market size and forecast, by Technology
- 9.3.7.3.6 Market size and forecast, by End Use Vertical
- 9.3.7.4 Spain
- 9.3.7.4.1 Key market trends, growth factors and opportunities
- 9.3.7.4.2 Market size and forecast, by Component
- 9.3.7.4.3 Market size and forecast, by Organization Size
- 9.3.7.4.4 Market size and forecast, by Deployment Model
- 9.3.7.4.5 Market size and forecast, by Technology
- 9.3.7.4.6 Market size and forecast, by End Use Vertical
- 9.3.7.5 UK
- 9.3.7.5.1 Key market trends, growth factors and opportunities
- 9.3.7.5.2 Market size and forecast, by Component
- 9.3.7.5.3 Market size and forecast, by Organization Size
- 9.3.7.5.4 Market size and forecast, by Deployment Model
- 9.3.7.5.5 Market size and forecast, by Technology
- 9.3.7.5.6 Market size and forecast, by End Use Vertical
- 9.3.7.6 Rest of Europe
- 9.3.7.6.1 Key market trends, growth factors and opportunities
- 9.3.7.6.2 Market size and forecast, by Component
- 9.3.7.6.3 Market size and forecast, by Organization Size
- 9.3.7.6.4 Market size and forecast, by Deployment Model
- 9.3.7.6.5 Market size and forecast, by Technology
- 9.3.7.6.6 Market size and forecast, by End Use Vertical
- 9.4 Asia-Pacific
- 9.4.1 Key trends and opportunities
- 9.4.2 Asia-Pacific Market size and forecast, by Component
- 9.4.3 Asia-Pacific Market size and forecast, by Organization Size
- 9.4.4 Asia-Pacific Market size and forecast, by Deployment Model
- 9.4.5 Asia-Pacific Market size and forecast, by Technology
- 9.4.6 Asia-Pacific Market size and forecast, by End Use Vertical
- 9.4.7 Asia-Pacific Market size and forecast, by country
- 9.4.7.1 China
- 9.4.7.1.1 Key market trends, growth factors and opportunities
- 9.4.7.1.2 Market size and forecast, by Component
- 9.4.7.1.3 Market size and forecast, by Organization Size
- 9.4.7.1.4 Market size and forecast, by Deployment Model
- 9.4.7.1.5 Market size and forecast, by Technology
- 9.4.7.1.6 Market size and forecast, by End Use Vertical
- 9.4.7.2 Japan
- 9.4.7.2.1 Key market trends, growth factors and opportunities
- 9.4.7.2.2 Market size and forecast, by Component
- 9.4.7.2.3 Market size and forecast, by Organization Size
- 9.4.7.2.4 Market size and forecast, by Deployment Model
- 9.4.7.2.5 Market size and forecast, by Technology
- 9.4.7.2.6 Market size and forecast, by End Use Vertical
- 9.4.7.3 India
- 9.4.7.3.1 Key market trends, growth factors and opportunities
- 9.4.7.3.2 Market size and forecast, by Component
- 9.4.7.3.3 Market size and forecast, by Organization Size
- 9.4.7.3.4 Market size and forecast, by Deployment Model
- 9.4.7.3.5 Market size and forecast, by Technology
- 9.4.7.3.6 Market size and forecast, by End Use Vertical
- 9.4.7.4 South Korea
- 9.4.7.4.1 Key market trends, growth factors and opportunities
- 9.4.7.4.2 Market size and forecast, by Component
- 9.4.7.4.3 Market size and forecast, by Organization Size
- 9.4.7.4.4 Market size and forecast, by Deployment Model
- 9.4.7.4.5 Market size and forecast, by Technology
- 9.4.7.4.6 Market size and forecast, by End Use Vertical
- 9.4.7.5 Rest of Asia-Pacific
- 9.4.7.5.1 Key market trends, growth factors and opportunities
- 9.4.7.5.2 Market size and forecast, by Component
- 9.4.7.5.3 Market size and forecast, by Organization Size
- 9.4.7.5.4 Market size and forecast, by Deployment Model
- 9.4.7.5.5 Market size and forecast, by Technology
- 9.4.7.5.6 Market size and forecast, by End Use Vertical
- 9.5 LAMEA
- 9.5.1 Key trends and opportunities
- 9.5.2 LAMEA Market size and forecast, by Component
- 9.5.3 LAMEA Market size and forecast, by Organization Size
- 9.5.4 LAMEA Market size and forecast, by Deployment Model
- 9.5.5 LAMEA Market size and forecast, by Technology
- 9.5.6 LAMEA Market size and forecast, by End Use Vertical
- 9.5.7 LAMEA Market size and forecast, by country
- 9.5.7.1 Latin America
- 9.5.7.1.1 Key market trends, growth factors and opportunities
- 9.5.7.1.2 Market size and forecast, by Component
- 9.5.7.1.3 Market size and forecast, by Organization Size
- 9.5.7.1.4 Market size and forecast, by Deployment Model
- 9.5.7.1.5 Market size and forecast, by Technology
- 9.5.7.1.6 Market size and forecast, by End Use Vertical
- 9.5.7.2 Middle East
- 9.5.7.2.1 Key market trends, growth factors and opportunities
- 9.5.7.2.2 Market size and forecast, by Component
- 9.5.7.2.3 Market size and forecast, by Organization Size
- 9.5.7.2.4 Market size and forecast, by Deployment Model
- 9.5.7.2.5 Market size and forecast, by Technology
- 9.5.7.2.6 Market size and forecast, by End Use Vertical
- 9.5.7.3 Africa
- 9.5.7.3.1 Key market trends, growth factors and opportunities
- 9.5.7.3.2 Market size and forecast, by Component
- 9.5.7.3.3 Market size and forecast, by Organization Size
- 9.5.7.3.4 Market size and forecast, by Deployment Model
- 9.5.7.3.5 Market size and forecast, by Technology
- 9.5.7.3.6 Market size and forecast, by End Use Vertical
CHAPTER 10: COMPANY LANDSCAPE
- 10.1. Introduction
- 10.2. Top winning strategies
- 10.3. Product Mapping of Top 10 Player
- 10.4. Competitive Dashboard
- 10.5. Competitive Heatmap
- 10.6. Key developments
CHAPTER 11: COMPANY PROFILES
- 11.1 ABBYY Solutions Ltd.
- 11.1.1 Company overview
- 11.1.2 Company snapshot
- 11.1.3 Operating business segments
- 11.1.4 Product portfolio
- 11.1.5 Business performance
- 11.1.6 Key strategic moves and developments
- 11.2 Datamatics Technologies Ltd.
- 11.2.1 Company overview
- 11.2.2 Company snapshot
- 11.2.3 Operating business segments
- 11.2.4 Product portfolio
- 11.2.5 Business performance
- 11.2.6 Key strategic moves and developments
- 11.3 Deloitte Touche Tohmatsu Limited
- 11.3.1 Company overview
- 11.3.2 Company snapshot
- 11.3.3 Operating business segments
- 11.3.4 Product portfolio
- 11.3.5 Business performance
- 11.3.6 Key strategic moves and developments
- 11.4 HCL Technologies Limited
- 11.4.1 Company overview
- 11.4.2 Company snapshot
- 11.4.3 Operating business segments
- 11.4.4 Product portfolio
- 11.4.5 Business performance
- 11.4.6 Key strategic moves and developments
- 11.5 Hyland Software, Inc.
- 11.5.1 Company overview
- 11.5.2 Company snapshot
- 11.5.3 Operating business segments
- 11.5.4 Product portfolio
- 11.5.5 Business performance
- 11.5.6 Key strategic moves and developments
- 11.6 Infrrd Inc.
- 11.6.1 Company overview
- 11.6.2 Company snapshot
- 11.6.3 Operating business segments
- 11.6.4 Product portfolio
- 11.6.5 Business performance
- 11.6.6 Key strategic moves and developments
- 11.7 International Business Machines Corporation
- 11.7.1 Company overview
- 11.7.2 Company snapshot
- 11.7.3 Operating business segments
- 11.7.4 Product portfolio
- 11.7.5 Business performance
- 11.7.6 Key strategic moves and developments
- 11.8 Kodak Alaris (Eastman Kodak Company)
- 11.8.1 Company overview
- 11.8.2 Company snapshot
- 11.8.3 Operating business segments
- 11.8.4 Product portfolio
- 11.8.5 Business performance
- 11.8.6 Key strategic moves and developments
- 11.9 Kofax Inc.
- 11.9.1 Company overview
- 11.9.2 Company snapshot
- 11.9.3 Operating business segments
- 11.9.4 Product portfolio
- 11.9.5 Business performance
- 11.9.6 Key strategic moves and developments
- 11.10 WorkFusion, Inc.
- 11.10.1 Company overview
- 11.10.2 Company snapshot
- 11.10.3 Operating business segments
- 11.10.4 Product portfolio
- 11.10.5 Business performance
- 11.10.6 Key strategic moves and developments