GCCWIRE
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
  • Home
  • News
    • Press Releases
  • Bahrain
  • Kuwait
  • Oman
  • Qatar
  • KSA
  • UAE
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
submit pr
No Result
View All Result
GCCWIRE
submit pr
Home Press Releases

Intelligent Document Processing Market 2022 – Future Plans and Industry Growth with Quantitative And Qualitative Analysis

admin by admin
June 21, 2022
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, June 21, 2022 ) According to a research report “Intelligent Document Processing Market by Component (Solutions, Services), Deployment Mode (Cloud, On-Premises), Organization Size, Technology, Vertical (BFSI, Government, Healthcare and Life Sciences), and Region – Global Forecast to 2026″ published by MarketsandMarkets, the global Intelligent Document Processing market size is expected to grow from USD 0.8 billion in 2021 to USD 3.7 billion in 2026, at a Compound Annual Growth Rate (CAGR) of 36.8% during the forecast period. The major factors driving the growth of the Intelligent Document Processing market include the rising need for enterprises to process large volumes of semi-structured and unstructured documents with greater accuracy and speed, increasing investments in digital transformation, and the rising adoption of cloud-based document processing solutions.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=195513136

Based on component, the services segment is expected to grow at a higher CAGR during the forecast period

With rising technological advancements, the demand for intelligent document processing solutions is expected to rise. This is projected to fuel the demand for intelligent document processing services. Services offered by most intelligent document processing solution vendors include professional services and managed services. Intelligent document processing services play a crucial role for every solution vendor as clients expect seamless integration of the solution as well as training and support of the provided solution with the enterprise’s system.

Based on deployment, the cloud segment is expected the segment to grow at a higher CAGR during the forecast period

Cloud deployment offers various benefits to organizations. These benefits include easy availability and scalability. The cloud deployment mode also provides multiple benefits, including reduced operational costs and hassle-free deployments. The cloud deployment for intelligent document processing while using different disruptive technologies is expected to grow with the increasing awareness of the benefits of cloud-based solutions. The cost-effectiveness and scalability of cloud deployment are expected to boost the growth of cloud-based intelligent document processing solutions.

Based on organization size, the large enterprises segment is expected to hold the highest market size during the forecast period

Based on organization size, the intelligent document processing market is segmented into SMEs and large enterprises. Large enterprises are the leading adopters of intelligent document processing solutions and services due to the increasing need to analyze the structured and unstructured data collected over the years. These enterprises focus on delivering enhanced customer experiences and gaining a leading edge in the market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=195513136

North America to hold the highest market size during the forecast period

The Intelligent document processing market has been segmented into five regions: North America, Europe, the Asia Pacific, the Middle East & Africa, and Latin America. By market size, North America is expected to be the major contributor to the intelligent document processing market during the forecast period. The US and Canada comprise the North American market. Enterprises in the region are most progressive in terms of AI, ML, NLP, and computer vision adoption, thereby boosting the growth of the document analysis market. The presence of key players in North America (such as ABBYY, Kofax, IBM, WorkFusion, Automation Anywhere, Parascript, Hyland, and Extract Systems) is also a key factor responsible for the adoption of intelligent documents processing in the region.

Major vendors operating in the intelligent document processing vendors include ABBYY (US), IBM (US), Kofax (US), WorkFusion (US), Automation Anywhere (US), Appian (US), UiPath (US), Datamatics (India), Deloitte (England), AntWorks (Singapore), Parascript (US), Hyperscience (US), OpenText (Canada), Hyland (US), Extract Systems (US), Infrrd (US), Celaton (UK), HCL Technologies (India), Kodak Alaris (UK), Rossum (UK), InData Labs (Belarus), Ephesoft (US), IRIS (Europe), Evolution AI (England), BIS (US), and AmyGB (India).

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com



Source link

Previous Post

Walnut Consumption Might Slow Down Cancer Progression

Next Post

Industrial Salt Market worth 14.93 Billion USD by 2022

RelatedPosts

Press Releases

Automation Testing Market Extrapolated to Reach $52.7 billion by 2027

(EMAILWIRE.COM, January 24, 2023 ) MarketsandMarkets forecasts the global Automation Testing Market size is expected to grow USD...

by admin
January 24, 2023
Turf Care Equipment Market to Hit USD 19.91 Bn by 2029 Competitive Landscape, New Market Opportunities
Press Releases

Turf Care Equipment Market to Hit USD 19.91 Bn by 2029 Competitive Landscape, New Market Opportunities

 Turf Care Equipment Market(EMAILWIRE.COM, January 24, 2023 ) According to the “Turf Care Equipment Market” report published by...

by admin
January 24, 2023
Paper Straw Market worth $1,687 million by 2024 – Exclusive Report by MarketsandMarkets™
Press Releases

Paper Straw Market worth $1,687 million by 2024 – Exclusive Report by MarketsandMarkets™

 (EMAILWIRE.COM, January 24, 2023 ) The report "Paper Straw Market by Material Type (Virgin paper, Recycled Paper), Product Type (Printed,...

by admin
January 24, 2023
Battery Coating Market worth $658 million by 2027 – Exclusive Report by MarketsandMarkets™
Press Releases

Battery Coating Market worth $658 million by 2027 – Exclusive Report by MarketsandMarkets™

 (EMAILWIRE.COM, January 24, 2023 ) The report "Battery Coating Market by Battery Component (Electrode Coating, Separator Coating, Battery Pack Coating),...

by admin
January 24, 2023
Load More

POPULAR POSTS

  • MarketsandMarkets™

    Aircraft Seat Upholstery Market worth $1.8 billion by 2025

    0 shares
    Share 0 Tweet 0
  • PallyCon unveils Robust Distributor Watermarking to Fortify Premium Content in the Distribution Phase

    0 shares
    Share 0 Tweet 0
  • KSA Weekly on Kingdom of Saudi Arabia adds to Arab Newswire Media List Press Release Distribution to MENA Region

    0 shares
    Share 0 Tweet 0
  • Automotive Fuel Tank Market Global Forecast to 2026

    0 shares
    Share 0 Tweet 0
  • Oman cable unveils the Global Sustainability Academy

    0 shares
    Share 0 Tweet 0

GCCWIRE™ provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in member countries of Gulf Corporation Council (GCC) and Middle east and North Africa. Submit press release or contact us today.

Browse By Category

News
Bahrain
Kuwait
Omar
Qatar
KSA
UAE

Recent News

Recent Posts
  • NOWA outlines 16 major achievements of Hajiya Aisha Gambo in 2 Years
  • تحدد جمعية زوجات الضباط البحريين (NOWA) 16 من الإنجازات الرئيسية لحاجيه عائشة غامبو في عامين
  • Healthcare Interoperability Solutions Market worth $5.7 billion by 2026
  • Disney ‘Proudly’ Launches Newest Season of Acclaimed Animated Family Series

Our Newsletter

    Gccwire is part of GroupWeb Media Network. @ 2023 GroupWeb Media LLC

    No Result
    View All Result
    • Home
    • News
      • Press Releases
    • Bahrain
    • Kuwait
    • Oman
    • Qatar
    • KSA
    • UAE
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Gccwire is part of GroupWeb Media Network. @2023 GroupWeb Media LLC