Global Intelligent Document Processing (IDP) Market Growth (Status and Outlook) 2023-2029

Global Intelligent Document Processing (IDP) Market Growth (Status and Outlook) 2023-2029

Intelligent Document Processing (IDP), a form of Intelligent Automation, is a new system of data recognition and extraction from complex documents. IDP systems use traditional document scanning technology, primarily OCR software, and other machine learning tools to scan, categorize, extract, and analyze data from semi-structured or unstructured documents. IDP systems allow users to seamlessly integrate the data into workflow automations.

LPI (LP Information)' newest research report, the “Intelligent Document Processing (IDP) Industry Forecast” looks at past sales and reviews total world Intelligent Document Processing (IDP) sales in 2022, providing a comprehensive analysis by region and market sector of projected Intelligent Document Processing (IDP) sales for 2023 through 2029. With Intelligent Document Processing (IDP) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Intelligent Document Processing (IDP) industry.

This Insight Report provides a comprehensive analysis of the global Intelligent Document Processing (IDP) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Intelligent Document Processing (IDP) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Intelligent Document Processing (IDP) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Intelligent Document Processing (IDP) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Intelligent Document Processing (IDP).

The global Intelligent Document Processing (IDP) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Intelligent Document Processing (IDP) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Intelligent Document Processing (IDP) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Intelligent Document Processing (IDP) is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Intelligent Document Processing (IDP) players cover ABBYY, Kofax, WorkFusion, Automation Anywhere, Hyperscience, UiPath Documentation Portal, Ephesoft, Parascript and Microsoft, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Intelligent Document Processing (IDP) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Cloud Based
On-premise

Segmentation by application
Banking and Financial Services
Insurance Industry
Medical
Manufacturing Industry
Retail & E-commerce
Government & Public Sector
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABBYY
Kofax
WorkFusion
Automation Anywhere
Hyperscience
UiPath Documentation Portal
Ephesoft
Parascript
Microsoft
HCL Technologies
IBM
Infrrd
Hypatos
Rossum
Nividous
AntWorks
Fosfor
Eigen Technologies
KnowledgeLake
JIFFY.ai
Indico
Appian
Laiye
Datamatics Global Services Limited
Singularity Systems
qBotica
EdgeVerve Systems Limited
Celaton
Alkymi
Parashift
Evolutin AI
OpenBots
KoiReader Technologies
DocVu AI
Codemantra
Straive
PDFTron Systems
Open Text Corporation
Neutrinos SA
Acodis AG

Please note: The report will take approximately 2 business days to prepare and deliver.