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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
ABBYY Development Inc. is an American digital intelligence company that is headquartered in California. The company was started in 1989 and specialises in developing solutions for intelligent document processing, data capture, process intelligence, and optical character recognition.
Automation Anywhere, Inc. is an American software development company that began operations in 2003. Headquartered in California, the company develops robotic process automation software. The company was originally founded as Tethys Solution and was later rebranded as Automation Anywhere.
IBM Corporation, founded in 1911, is an American multinational technology corporation that is headquartered in New York. The company deals in over 175 countries and specialises in computer hardware, middleware, and software. IBM intelligent document processing software combines AI with deep learning and low code technology to extract information quickly, easily, and accurately.
Other market players included in the global intelligent document processing market report are HCL Technologies Limited, Kofax Inc., WorkFusion, Inc., Appian Corporation, Datamatics Global Services Limited., and UiPath, among others.
Intelligent Document Processing Market Report Snapshots
Intelligent Document Processing Market Size
Intelligent Document Processing Market Analysis
Intelligent Document Processing Market Share
Intelligent Document Processing Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 4.51 billion.
The market is projected to grow at a CAGR of 34.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach nearly USD 65.87 billion by 2032.
The major market drivers include the influx of data from various sources and the growing digitisation across various end-use sectors.
The key trends of the market are the growing awareness regarding intelligent document processing software and the incorporation of robotic process automation with IDP software.
The major regional markets for intelligent data processing solutions are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various end uses of intelligent document processing are BFSI, healthcare, manufacturing, retail, government and public sector, transportation and logistics, and IT and telecom, among others.
The key players included in the market report are ABBYY Development Inc., Automation Anywhere, Inc., IBM Corporation, HCL Technologies Limited, Kofax Inc., WorkFusion, Inc., Appian Corporation, Datamatics Global Services Limited., and UiPath, among others.
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