Intelligent Document Processing Market Emerging Trends at CAGR +35% by Top Key Players OpenText Corporation, IBM Corporation, ABBYY Solutions Limited, Appian Corporation, Automation Anywhere

Intelligent document processing solutions transform unstructured and semi-structured information into usable data. Organization data is at the heart of digital transformation; unfortunately, 80 percent of all organization data is embedded in unstructured formats such as business documents, emails, images, and PDF documents.

Intelligent Document Processing Market was valued at USD 765.2 million in 2021 and is projected to reach USD 6,785.2 million by 2027 with a CAGR of +35% during 2021–2027.

Intelligent document processing (IDP) is the next generation of automation, capturing, extracting, and processing data from a range of document formats. It uses artificial intelligence technologies such as natural language processing (NLP), deep learning, computer vision, and machine learning (ML) to classify, categorize, and extract appropriate information and validate the extracted data.

Intelligent document processing is gaining attention because it provides disruptive solutions to automate data extraction projects that were previously extremely difficult, if not impossible, to solve. Intelligent document processing solution provides direct cost saving, ease of use, higher accuracy, process efficiency, and strategic goal boost, among other advantages.

Key Players
OpenText Corporation, IBM Corporation, ABBYY Solutions Limited, Appian Corporation, Automation Anywhere, Inc., UiPath, Inc., WorkFusion, Inc., Datamatics Global Services Limited (Delta Infosolutions Private Limited), Deloitte Touche Tohmatsu Limited, and Kofax.

The amount of data generated by enterprises is growing exponentially, which along with the rising need for enterprises to process large volumes of semi-structured and unstructured documents with greater accuracy and speed, are the major drivers fuelling the growth of the intelligent document processing market.

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The report includes company profiling of almost all important players of the global Intelligent Document Processing market. The company profiling section offers valuable analysis on strengths and weaknesses, business developments, recent advancements, mergers and acquisitions, expansion plans, global footprint, market presence, and product portfolios of leading market players.

Market Segmentation
Based on Component
• Solutions
• Services
• Professional Services
• Managed Services
Based on Deployment Mode
• Cloud-Based
• On-Premises
Based on Technology
• Natural Language Processing (NLP)
• Optical Character Recognition (OCR)
• Robotic Process Automation (RPA)
• Google Vision
• Deep Learning (DL)
• Machine Learning (ML)
• Artificial Intelligence (AI)
Based on Organization Size
• Small & Medium-Sized Enterprises
• Large Enterprises
Based on Vertical
• BFSI
• Government & Public Sector
• Retail and E-Commerce
• Manufacturing
• Healthcare and Life Sciences
• Transportation & Logistics
• Others

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Regional Analysis:
• North America (The United States, Canada, and Mexico)
• Europe (Germany, France, UK, Russia, and Italy)
• Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
• South America (Brazil, Argentina, Colombia, etc.)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

The report also provides accurate estimations about the CAGR, revenue, production, sales, and other calculations for the global Intelligent Document Processing market. Each regional market is extensively studied in the report to explain why some regions are progressing at a high rate while others at a low rate. We have also provided Porter’s Five Forces and PESTLE analysis for a deeper study on the global Intelligent Document Processing market.

Table of Contents:
Chapter 1: Global Intelligent Document Processing Market Overview
Chapter 2: Market Data Analysis
Chapter 3: Technical Data Analysis
Chapter 4: Government Policy and News
Chapter 5: Global Intelligent Document Processing Market Manufacturing Process
and Cost Structure
Chapter 6: Productions Supply Sales Demand Market Status and Forecast
Chapter 7: Key Manufacturers
Chapter 8: Up and Down Stream Industry Analysis Art Supplies
Chapter 9: Marketing Strategy
Chapter 10: 2021-2027 Intelligent Document Processing Market Development Trend
Analysis
Chapter 11: New Project Investment Feasibility Analysis

Rebecca Parker
(Report Consultant)
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sales@reportconsultant.com
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