Press release
Document Analytics Market 2024 - Trend Analysis, Industry Growth, Key Players, Growth Opportunities And Outlook By 2033
Document Analytics Market
As per the report, the document analytics market size has grown exponentially in recent years. It will grow from $2.38 billion in 2023 to $3.55 billion in 2024 at a compound annual growth rate (CAGR) of 49.1%. The document analytics market size is expected to see exponential growth in the next few years. It will grow to $17.45 billion in 2028 at a compound annual growth rate (CAGR) of 48.9%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=7058&type=smp
Initiatives To Digitize Content Fuel Document Analytics Market Growth
Rising initiatives to digitize content is the significant factor driving the growth of the document analytics market. Various governments are taking steps to digitalize the contents to enhance the security and easy access of the documents, this will increase the usage of document analytics. For instance, in August 2021, the Internal Revenue Service (IRS) of the United States has awarded five $7.5 million contracts using an experimental procurement vehicle in support of a multiple solution competition to digitize paper files. The IRS intended to use the pilot IRS program to test innovative solutions capable of receiving, preparing, reproducing, sorting, storing, validating, returning, and transferring digital files of IRS documents and records to build programs that help the scanning of paper files and the extraction of machine-readable data. The various initiatives to digitalize content will invariably increase the demand for document analytics technologies and services. Hence, the rising initiatives to digitize content is expected to propel the document analytics market growth.
Document Analytics Market Trends Advancements In Technology Gain Traction
Adoption of advanced technologies is a key trend in the document analytics market. The key players in the document analytics sector are developing advanced technologies to strengthen their position in the market. For instance, in May 2021, Kofax, a global leader in document and intelligent automation software for digital workflow transformation, has released the latest edition of Kofax ControlSuiteTM, a fully integrated system that automates and secures print management, world-class document capturing, and mobile capabilities. New cloud integrations, analytics dashboards, and unified clients are among the many new features and benefits of ControlSuite.
The document analytics market covered in this report is segmented -
1) By Product Type: Solutions, Services, Professional Services, Managed Services
2) By Industry Vertical: BFSI, Government, Healthcare And Life Sciences, Retail And eCommerce, Manufacturing, Transportation And Logistics, Other Industry Verticals
3) By Deployment Type: Cloud, On-Premise
4) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=7058&type=discount
Major companies operating in the document analytics market report are ABBYY Group, Celaton Limited, Extract Systems LLC, HCL Technologies Limited, HyperScience Inc., Automation Anywhere Inc., International Business Machines Corporation, OpenText Corporation, Adobe Inc., SAP SE, Microsoft Corporation, Kapow Software Inc., Guavus Inc., Dexlock Technologies Private Limited, AntWorks Pte. Ltd., WorkFusion Inc., Infrrd Inc., Datamatics Global Services Limited, Kodak Alaris Inc., Hyland Software Inc., Parascript LLC, M-Files Corporation, Ephesoft Inc., Rossum Corporation, Nanonets Inc., Zoho Corporation Pvt. Ltd., UiPath Inc., Datafleck Ltd., DocuSign Inc., Cognite AS
Contents of the report:
1. Executive Summary
2. Document Analytics Market Report Structure
3. Document Analytics Market Trends And Strategies
4. Document Analytics Market - Macro Economic Scenario
5. Document Analytics Market Size And Growth
…..
27. Document Analytics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/document-analytics-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Document Analytics Market 2024 - Trend Analysis, Industry Growth, Key Players, Growth Opportunities And Outlook By 2033 here
News-ID: 3607989 • Views: …
More Releases from The Business research company
Leading Companies Fueling Growth and Innovation in the Automotive Solenoid Marke …
The automotive solenoid market is on the verge of significant expansion as advancements in technology and vehicle electrification continue to accelerate. Increasing integration of smart systems and the growing demand for efficient, eco-friendly automotive solutions are set to drive this market's development through the end of the decade.
Expected Growth Trajectory for the Automotive Solenoid Market by 2030
The automotive solenoid market is projected to reach a valuation of $7.81 billion…
Automotive Night Vision System Market Analysis: Major Segments, Strategic Develo …
The automotive night vision system market is set to experience significant expansion over the coming years, driven by technological advancements and growing safety demands. As vehicle manufacturers continue to integrate more sophisticated safety features, this market shows promising potential for rapid growth and innovation through 2030.
Projected Expansion of the Automotive Night Vision System Market Size Through 2030
The market size for automotive night vision systems is anticipated to reach $7.24…
Segment Analysis and Major Growth Areas in the Automotive HVAC Market
The automotive HVAC market is on a trajectory of significant growth as vehicle climate control systems evolve with advanced technologies. Innovations aimed at improving energy efficiency and passenger comfort are driving the sector forward, setting the stage for substantial expansion through 2030. Let's explore the current market size, key players, influential trends, and detailed segment insights shaping this dynamic industry.
Automotive HVAC Market Size and Growth Outlook Through 2030
The automotive…
Key Strategic Developments and Emerging Changes Shaping the Automotive Electroni …
The automotive electronic controller market is on track for impressive expansion as technology continues to transform the automotive sector. With the industry embracing smarter and more connected vehicle systems, the demand for advanced controllers that manage and optimize vehicle functions is rapidly increasing. Below, we explore the market's projected growth, key players, notable trends, and the main segments shaping this dynamic field.
Projected Market Size and Growth of the Automotive Electronic…
More Releases for Document
Callidus AI: AI-Driven Document Management - Streamlining Legal Document Analysi …
Document management is crucial for success in the fast-paced and detail-driven legal industry. Traditional document management methods often involve manual sorting, reviewing, and analyzing, which can be time-consuming and prone to errors. However, with the advent of artificial intelligence (AI), legal document management has undergone a significant transformation. AI-driven tools are revolutionizing how legal professionals handle documents, enhancing efficiency, accuracy, and strategic decision-making.
Introduction to AI in Legal Document Management
AI is…
Document Camera Market
The Document Camera Market is undergoing a significant transformation, with industry forecasts predicting rapid expansion and cutting-edge technological innovations by 2032. As businesses continue to embrace digital advancements and strategic shifts, the sector is set to experience unprecedented growth, driven by rising demand, market expansion, and evolving industry trends.
A recent in-depth market analysis sheds light on key factors propelling the Document Camera market forward, including increasing market share, dynamic segmentation,…
Streamlining Document Management
FOR IMMEDIATE RELEASE
Streamlining Document Management
Brakes Plus Implements Plustek eScan Enterprise Scanners
[SANTA FE SPRINGS, Calif. - June 5, 2023] - Plustek Technology Inc. (https://plustek.com/us/) announces that Brakes Plus, a leading full-service auto repair business with 140 locations nationwide, has successfully transformed its document management processes through the implementation of the Plustek eScan Enterprise scanners. (https://plustek.com/us/products/network-scanners/escan/index.php) This strategic move has resulted in improved efficiency, cost savings, and streamlined workflows across all their…
Document Imaging Market
In line with a paradigm shift of business industry towards a paperless ecology, the global document imaging market generated revenues worth US$ 70 Bn in 2018. The market will thrive at a robust double digit CAGR during 2019 – 2029, attributing to the accelerating adoption of automated document imaging solutions that can provide secure print and document imaging services. The recent past has seen rapidly growing interest of customers in…
Printing OneNote Document & Linking Document Images to Hyperlinks inside .NET Ap …
What's New in this Release?
Aspose team is pleased to announce the release of Aspose.Note for .NET 17.3.0. This month’s release introduces a new feature of printing OneNote documents to printer. It also provides support for linking images in a document to a URL. As mentioned earlier, this month’s release introduces a new feature of printing OneNote documents. The Document.Print method allows sending the loaded document to default printer. You…
New webapp simplifies document review, track changes and document collaboration
Collabloop enables efficient document reviewing, document sharing, collaboration, co-authoring and track changes.
San Jose, California. Aug 31,2016 – Collabloop, a new webapp for Real time collaboration with document review, sharing & co-authoring goes into public launch today. Collabloop combines the power of several collaboration apps into one brilliantly simple platform.
Collabloop is a combination of document review, sharing, collaboration, simultaneous editing and auto document versioning all combined into one application. Collabloop enables…
