Press release
Global Document Imaging Market Is Expected To Flourish At A Staggering 12.6% Value CAGR Throughout The Forecast Period 2022-2032
Global Document Imaging market study sheds light on the important growth dynamics expected to prevail across the assessment period. (Insert forecast period). The study offers statistics of key segments across prominent geographies, along with a detailed mapping of the global competitive landscape.
The market report tracks the global sales of Document Imaging in 20+ high growth markets, along with analysing the impact of COVID-19 has had on information & communication technology (ICT) industry and Document Imaging sector in particular.
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How will Sales of Document Imaging will foster in 2022 and beyond?
In its latest report, Fact.MR offers an exhaustive overview of the global Document Imaging market with focus on key dynamics, including drivers, restraints, opportunities, trends and detailed information about the global Document Imaging market structure.
Document Imaging market sales across the world will rise with the increasing adoption of wireless technology and penetration of digital media. With the outbreak of COVID-19, companies have become heavily reliant on digital platforms for the survival.
In the post-digital world, digital realities and advanced technologies such as artificial intelligence and internet of thinking & related products/services will be in trend. Technological adoption rate is increasing exponentially, which will bolster the industry growth.
ICT companies. are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
China's ICT industry will register high growth opportunities, especially as tech companies focus on digital transformation in the field of robotic process automation, data theft security, cloud & edge computing and cybersecurity.
Market players across China are shifting their focus on customer needs by taking a more nuanced approach through new service offering and by adopting various strategies such as product development and innovation.
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The ICT sector across the U.K., France, and Germany will register robust growth during the forecast period owing to the increasing research & development activities for the development of novel technologies. Rising adoption of artificial intelligence and big data science among the ICT service providers will boost the growth.
Advent of 5G wireless technology across India will aid the growth of ICT sector combined with the adoption of edge computing within various end-use sectors such as healthcare, automotive and food & beverage industry. Emergence of e-commerce platforms within the manufacturing companies of diverse end-use sectors will improve the demand over the coming years.
Rise in adoption of autonomous vehicles across South Korea and Japan is improving the adoption of computing technologies for higher connectivity in the automobiles. This trend will strengthen the growth of ICT industry
Key Segments Covered in Document Imaging Market Report
Document Imaging by Deployment
On-premise Document Imaging
Cloud Document Imaging
Document Imaging by Component
Document Imaging Software
Document Imaging Hardware
Scanners
Printers
Microfilm Readers
Others
Document Imaging by End Use
Document Imaging for Government Organizations
Document Imaging for Law Firms
Document Imaging for Physician Practices
Document Imaging for Educational Institutions
Document Imaging for Other End Uses
Document Imaging by Region
North America Document Imaging Market
Latin America Document Imaging Market
Europe Document Imaging Market
Asia Pacific Document Imaging Market
Middle East and Africa Document Imaging Market
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Competitive Landscape
Given the increased penetration of technological advancements in the technology domain, prominent document imaging service providers are incorporating the latest virtual technologies to introduce highly sophisticated applications. Besides, extensive R&D activities, collaborations and mergers & acquisitions constitute other expansion strategies of key players. Some notable developments are as follows:
In June 2019, Eastman Kodak Company, announced the availability of the KODAK SMILE instant digital printer and the KODAK SMILE instant print digital camera. It helps company to enhance their document imaging product pipeline.
In May 2019, Newgen Software Technologies Limited announced strategic alliance with Compliance Systems to develop an integrated solution that enables compliance in the lending space. Commercial and consumer loan origination solutions built on Newgen's business process management and enterprise content management platform.
Recent Developments in the Document Imaging Market:
Google said in June 2020 that it would provide new features to its artificial intelligence-based voice assistant, Google Assistant, across a variety of new devices. The most essential of these functions is voice match, which allows smart speakers to recognise a single user's voice and tailor replies to that individual.
Key Regions Analysed
North America
Latin America
Europe
Asia-Pacific
Middle East & Africa
Key Country-wise Inclusions
US Document Imaging Market
Canada Document Imaging Sales
Germany Document Imaging Production
UK Document Imaging Industry
France Document Imaging Market
Spain Document Imaging Supply-Demand
Italy Document Imaging Outlook
Russia & CIS Market Analysis
China Document Imaging Market Intelligence
India Document Imaging Demand Assessment
Japan Document Imaging Supply Assessment
ASEAN Document Imaging Market Scenario
Brazil Document Imaging Sales Analysis
Mexico Document Imaging Sales Intelligence
GCC Document Imaging Market Assessment
South Africa Document Imaging Market Outlook
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