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Intelligent Document Processing (IDP) Market Size study, by Component (Software, Services) by Enterprise (Small & Medium Enterprises, Large Enterprises), by End user (IT& Telecom, Legal, Pharmaceutical, Manufacturing, Transportation and Logistics, Retail and E-Commerce), and Regional Forecasts 2021-2027

  • BIZ4509206
  • 200 Pages
  • June 2021
  • ICT & Media
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Global Intelligent Document Processing (IDP) Market is valued approximately at 0.4 USD Million in 2020 and is anticipated to grow with a healthy growth rate of more than 36.8 % over the forecast period 2021-2027. Intelligent data processing, also known as intelligent data capture, is the process of intelligently capturing specific information and streamlining document processing tasks. No matter what kind of file is to be processed, intelligent document processing is designed to perform document scanning jobs. The Intelligent Document Processing (IDP) market is being driven by, growing demand for Intelligent Document Processing (IDP) in software industries, rising need for enterprises to process large volumes of semi-structured and unstructured documents with greater accuracy and speed. Various estimates indicate that 80% of enterprise data is unstructured. Processing these large quantities of documents manually takes an enormous amount of time. Due to this, there is a rising need for enterprises to process large volumes of semi-structured and unstructured documents with greater accuracy and speed. Various technologies can be used in intelligent document processing to enable more effective business processes. Technologies such as OCR, ML, and NLP are integrated with intelligent document processing to streamline business processes. Organizations across the globe are dedicatedly investing in these aforesaid technologies to improve user experiences and stay competitive in the ever-changing market environment. Moreover, enterprises can focus on these technologies to achieve cost savings and better efficiency in their business processes . However, Low adoption by small and medium scale enterprises due to high cost of the solution, may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Intelligent Document Processing (IDP) Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region across the world in terms of market Enterprises because of the fact that enterprises are most progressive in terms of AI, ML, NLP, and computer vision adoption, thereby boosting the growth of the document analysis market . North America also acts as a big player due to fact that many organizations are shifting their focus towards automating internal business functions in this region this has created an opportunity to refine and streamline various business activities through intelligent document processing.

Major market player included in this report are:

ABBYY,

WorkFusion, Inc.

, Kofax Inc.,

AntWorks,

Automation Anywhere,

Hyper Labs

InData Labs Group Limited

Parascript, LLC

Rossum

IRIS

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

(Software, Services

By Enterprise:

Small & Medium Enterprises

Large Enterperises

By End user:

IT& Telecom

Legal

Pharmaceutical

Manufacturing

Transportation and Logistics

Retail and E-Commerce

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019

Base year – 2020

Forecast period – 2021 to 2027.

Target Audience of the Intelligent Document Processing (IDP) Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)

1.2.1. Intelligent document processing Market, by Region, 2019-2027 (USD Billion)

1.2.2. Intelligent document processing Market, by Component, 2019-2027 (USD Billion)

1.2.3. Intelligent document processing Market, by Enterprise, 2019-2027 (USD Billion)

1.2.4. Intelligent document processing Market, by End-user , 2019-2027 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Intelligent document processing Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Intelligent document processing Market Dynamics

3.1. Intelligent document processing Market Impact Analysis (2019-2027)

3.1.1. Market Drivers

3.1.1.1. Growing demand for automated advanced document processing software

3.1.1.2. Rising need for enterprises to process large volumes of semi-structured and unstructured documents with greater accuracy and speed

3.1.2. Market Restraint

3.1.2.1. Low adoption by small and medium scale enterprises

3.1.3. Market Opportunities

3.1.3.1 Integration of advanced technologies with document processing solutions

Chapter 4. Global Intelligent document processing Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Intelligent document processing Market, by Component

5.1. Market Snapshot

5.2. Global Intelligent document processing Market by Component, Performance - Potential Analysis

5.3. Global Intelligent document processing Market Estimates & Forecasts by Component 2018-2027 (USD Billion)

5.4. Intelligent document processing Market, Sub Segment Analysis

5.4.1. Software

5.4.2. Services

Chapter 6. Global Intelligent document processing Market, by Enterprise

a. Market Snapshot

6.1. Global Intelligent document processing Market by Enterprise, Performance - Potential Analysis

6.2. Global Intelligent document processing Market Estimates & Forecasts by Enterprise 2018-2027 (USD Billion)

6.3. Intelligent document processing Market, Sub Segment Analysis

6.3.1. Small & Medium Enterprises

6.3.2. Large Enterperises

Chapter 7. Global Intelligent document processing Market, by End-user

b. Market Snapshot

7.1. Global Intelligent document processing Market by End-user , Performance - Potential Analysis

7.2. Global Intelligent document processing Market Estimates & Forecasts by End-user 2018-2027 (USD Billion)

7.3. Intelligent document processing Market, Sub Segment Analysis

7.3.1. IT& Telecom

7.3.2. Legal

7.3.3. Pharmaceutical

7.3.4. Manufacturing

7.3.5. Transportation and Logistics

7.3.6. Retail and E-Commerce

7.3.7. Others

Chapter 8. Global Intelligent document processing Market, Regional Analysis

8.1. Intelligent document processing Market, Regional Market Snapshot

8.2. North America Intelligent document processing Market

8.2.1. U.S. Intelligent document processing Market

8.2.1.1. Component breakdown estimates & forecasts, 2018-2027

8.2.1.2. Enterprises breakdown estimates & forecasts, 2018-2027

8.2.1.3. End User breakdown estimates & forecasts, 2018-2027

8.2.2. Canada Intelligent document processing Market

8.3. Europe Intelligent document processing Market Snapshot

8.3.1. U.K. Intelligent document processing Market

8.3.2. Germany Intelligent document processing Market

8.3.3. France Intelligent document processing Market

8.3.4. Spain Intelligent document processing Market

8.3.5. Italy Intelligent document processing Market

8.3.6. Rest of Europe Intelligent document processing Market

8.4. Asia-Pacific Intelligent document processing Market Snapshot

8.4.1. China Intelligent document processing Market

8.4.2. India Intelligent document processing Market

8.4.3. Japan Intelligent document processing Market

8.4.4. Australia Intelligent document processing Market

8.4.5. South Korea Intelligent document processing Market

8.4.6. Rest of Asia Pacific Intelligent document processing Market

8.5. Latin America Intelligent document processing Market Snapshot

8.5.1. Brazil Intelligent document processing Market

8.5.2. Mexico Intelligent document processing Market

8.6. Rest of The World Intelligent document processing Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies

9.2. Company Profiles

9.2.1. IRIS

9.2.1.1. Key Information

9.2.1.2. Overview

9.2.1.3. Financial (Subject to Data Availability)

9.2.1.4. Product Summary

9.2.1.5. Recent Developments

9.2.2. ABBYY,

9.2.3. WorkFusion, Inc.

9.2.4. , Kofax Inc.,

9.2.5. AntWorks,

9.2.6. Automation Anywhere,

9.2.7. Hyper Labs

9.2.8. InData Labs Group Limited

9.2.9. Parascript, LLC

9.2.10. Rossum

Chapter 10. Research Process

10.1. Research Process

10.1.1. Data Mining

10.1.2. Analysis

10.1.3. Market Estimation

10.1.4. Validation

10.1.5. Publishing

10.2. Research Attributes

10.3. Research Assumption

List of Tables

TABLE 2. Global Intelligent document processing Market, report scope

TABLE 3. Global Intelligent document processing Market estimates & forecasts by region 2018-2027 (USD Billion)

TABLE 4. Global Intelligent document processing Market estimates & forecasts by Component 2018-2027 (USD Billion)

TABLE 5. Global Intelligent document processing Market estimates & forecasts by origin 2018-2027 (USD Billion)

TABLE 6. Global Intelligent document processing Market estimates & forecasts by Application 2018-2027 (USD Billion)

TABLE 7. Global Intelligent document processing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 8. Global Intelligent document processing Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 9. Global Intelligent document processing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 10. Global Intelligent document processing Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 11. Global Intelligent document processing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 12. Global Intelligent document processing Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 13. Global Intelligent document processing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 14. Global Intelligent document processing Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 15. Global Intelligent document processing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 16. Global Intelligent document processing Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 17. Global Intelligent document processing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 18. Global Intelligent document processing Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 19. Global Intelligent document processing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 20. Global Intelligent document processing Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 21. Global Intelligent document processing Market by segment, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 22. Global Intelligent document processing Market by region, estimates & forecasts, 2018-2027 (USD Billion)

TABLE 23. U.S. Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 24. U.S. Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 25. U.S. Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 26. Canada Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 27. Canada Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 28. Canada Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 29. UK Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 30. UK Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 31. UK Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 32. Germany Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 33. Germany Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 34. Germany Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 35. France Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 36. France Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 37. France Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 38. Spain Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 39. Spain Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 40. Spain Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 41. Italy Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 42. Italy Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 43. Italy Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 44. ROE Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 45. ROE Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 46. ROE Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 47. China Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 48. China Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 49. China Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 50. India Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 51. India Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 52. India Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 53. Japan Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 54. Japan Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 55. Japan Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 56. Australia Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 57. Australia Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 58. Australia Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 59. South Korea Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 60. South Korea Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 61. South Korea Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 62. ROPAC Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 63. ROPAC Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 64. ROPAC Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 65. Brazil Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 66. Brazil Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 67. Brazil Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 68. Mexico Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 69. Mexico Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 70. Mexico Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 71. ROLA Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 72. ROLA Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 73. ROLA Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 74. ROW Intelligent document processing Market estimates & forecasts, 2018-2027 (USD Billion)

TABLE 75. ROW Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 76. ROW Intelligent document processing Market estimates & forecasts by segment 2018-2027 (USD Billion)

TABLE 77. List of secondary sources used in the study of global Intelligent document processing Market.

TABLE 78. List of primary sources used in the study of global Intelligent document processing Market.

TABLE 79. Years considered for the study.

TABLE 80. Exchange rates considered.

 
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