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North America Intelligent Document Processing Market By Component, By Deployment Type, By Enterprise Size, By End User, By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027

  • ID: 5387529
  • Report
  • June 2021
  • Region: North America
  • 103 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)

FEATURED COMPANIES

  • ABBYY Solutions Limited
  • Appian Corporation
  • Automation Anywhere, Inc.
  • IBM Corporation
  • OpenText Corporation
  • UiPath, Inc.
  • MORE
The North America Intelligent Document Processing Market is expected to witness market growth of 27.4% CAGR during the forecast period (2021-2027).

Intelligent Document Processing is an important component of intelligent automation. Automation is possible till there is an availability of data for work. Through the standard RPA systems, establishing data extraction to perform automation is mostly categorized as an altogether a different 3rd party project that adds to the costs and also fragile integration points. It is important to effectively extract data and structure data, which helps in automating a major part of business procedures that currently depend on manual inputs & intervention. The implementation of Intelligent Document Processing in the RPA platform enables business customers to automate procedures end-to-end. At the time, when IDP & RPA combined together in one platform, the major part of the automation is seamlessly working in sync.

The growing requirement for enterprises to process huge amounts of semi-structured & unstructured documents with more precision & speed is expected to bolster the growth of the market. In addition, the rising investments in digital transformation and the increasing adoption of cloud-based document processing solutions are estimated to fuel the Intelligent Document Processing market during the forecast period.

Various verticals like transportation & logistics, BFSI, healthcare & life sciences, and manufacturing, are the leading industries adopting intelligent document processing solutions. There are many companies, which are shifting their focus towards automating internal business functions that opened an opportunity to polish and simplify numerous business activities via the adoption of intelligent document processing. All such aspects are estimated to result in the high adoption of intelligent document processing solutions in the North America region.

The US and Canada are among the leading nations of the region in the intelligent document processing market. The high adoption rate of advanced solutions & systems, especially intelligent document processing solutions is supporting the growth of the market. In addition, the growing penetration of process management & automation solutions across the companies in this region.

Additionally, the rising investment to optimize their business operations by the companies is among the major factors surging the growth of the market. The presence of key players like ABBYY, Kofax, and IBM in North America is contributing to the growth of the regional market. Moreover, the SMEs and large enterprises of this region are increasingly adopting these solutions, which is expected to augment the market growth.

The US market dominated the North America Intelligent Document Processing Services Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $349.9 million by 2027. The Canada market is experiencing a CAGR of 32.7% during (2021 - 2027). Additionally, The Mexico market is expected to witness a CAGR of 31.6% during (2021 - 2027).

Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into BFSI, Government & Defense, IT & Telecom, Healthcare, Manufacturing, Transportation & Logistics and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include OpenText Corporation, IBM Corporation, ABBYY Solutions Limited, Appian Corporation, Automation Anywhere, Inc., UiPath, Inc., WorkFusion, Inc., Datamatics Global Services Limited (Delta Infosolutions Private Limited), Deloitte Touche Tohmatsu Limited, and Kofax, Inc. (Thoma Bravo LLC).

Scope of the Study

Market Segments covered in the Report:

By Component
  • Solution
  • Services
By Deployment Type
  • On-premise
  • Cloud
By Enterprise Size
  • Large Enterprises
  • Small & Medium Enterprises
By End User
  • BFSI
  • Government & Defense
  • IT & Telecom
  • Healthcare
  • Manufacturing
  • Transportation & Logistics
  • Others
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America
Companies Profiled
  • OpenText Corporation
  • IBM Corporation
  • ABBYY Solutions Limited
  • Appian Corporation
  • Automation Anywhere, Inc.
  • UiPath, Inc.
  • WorkFusion, Inc.
  • Datamatics Global Services Limited (Delta Infosolutions Private Limited)
  • Deloitte Touche Tohmatsu Limited
  • Kofax, Inc. (Thoma Bravo LLC)
Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • ABBYY Solutions Limited
  • Appian Corporation
  • Automation Anywhere, Inc.
  • IBM Corporation
  • OpenText Corporation
  • UiPath, Inc.
  • MORE
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Intelligent Document Processing Market, by Component
1.4.2 North America Intelligent Document Processing Market, by Deployment Type
1.4.3 North America Intelligent Document Processing Market, by Enterprise Size
1.4.4 North America Intelligent Document Processing Market, by End User
1.4.5 North America Intelligent Document Processing Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, May - 2021, May) Leading Players

Chapter 4. North America Intelligent Document Processing Market by Component
4.1 North America Intelligent Document Processing Solution Market by Country
4.2 North America Intelligent Document Processing Services Market by Country

Chapter 5. North America Intelligent Document Processing Market by Deployment Type
5.1 North America On-premise Intelligent Document Processing Market by Country
5.2 North America Cloud Intelligent Document Processing Market by Country

Chapter 6. North America Intelligent Document Processing Market by Enterprise Size
6.1 North America Large Enterprises Intelligent Document Processing Market by Country
6.2 North America Small & Medium Enterprises Intelligent Document Processing Market by Country

Chapter 7. North America Intelligent Document Processing Market by End User
7.1 North America BFSI Intelligent Document Processing Market by Country
7.2 North America Government & Defense Intelligent Document Processing Market by Country
7.3 North America IT & Telecom Intelligent Document Processing Market by Country
7.4 North America Healthcare Intelligent Document Processing Market by Country
7.5 North America Manufacturing Intelligent Document Processing Market by Country
7.6 North America Transportation & Logistics Intelligent Document Processing Market by Country
7.7 North America Others Intelligent Document Processing Market by Country

Chapter 8. North America Intelligent Document Processing Market by Country
8.1 US Intelligent Document Processing Market
8.1.1 US Intelligent Document Processing Market by Component
8.1.2 US Intelligent Document Processing Market by Deployment Type
8.1.3 US Intelligent Document Processing Market by Enterprise Size
8.1.4 US Intelligent Document Processing Market by End User
8.2 Canada Intelligent Document Processing Market
8.2.1 Canada Intelligent Document Processing Market by Component
8.2.2 Canada Intelligent Document Processing Market by Deployment Type
8.2.3 Canada Intelligent Document Processing Market by Enterprise Size
8.2.4 Canada Intelligent Document Processing Market by End User
8.3 Mexico Intelligent Document Processing Market
8.3.1 Mexico Intelligent Document Processing Market by Component
8.3.2 Mexico Intelligent Document Processing Market by Deployment Type
8.3.3 Mexico Intelligent Document Processing Market by Enterprise Size
8.3.4 Mexico Intelligent Document Processing Market by End User
8.4 Rest of North America Intelligent Document Processing Market
8.4.1 Rest of North America Intelligent Document Processing Market by Component
8.4.2 Rest of North America Intelligent Document Processing Market by Deployment Type
8.4.3 Rest of North America Intelligent Document Processing Market by Enterprise Size
8.4.4 Rest of North America Intelligent Document Processing Market by End User

Chapter 9. Company Profiles
9.1 OpenText Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisition and Mergers:
9.2.5.2 Partnerships, Collaborations, and Agreements:
9.2.5.3 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 ABBYY Solutions Limited
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Acquisition and Mergers:
9.3.2.2 Partnerships, Collaborations, and Agreements:
9.3.2.3 Product Launches and Product Expansions:
9.4 Appian Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.4.5.2 Partnerships, Collaborations, and Agreements:
9.4.5.3 Product Launches and Product Expansions:
9.5 Automation Anywhere, Inc.
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.6 UiPath, Inc.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Acquisition and Mergers:
9.6.2.2 Partnerships, Collaborations, and Agreements:
9.6.2.3 Product Launches and Product Expansions:
9.7 WorkFusion, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and Product Expansions:
9.8 Datamatics Global Services Limited (Delta Infosolutions Private Limited)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Recent strategies and developments:
9.8.4.1 Partnerships, Collaborations, and Agreements:
9.8.4.2 Product Launches and Product Expansions:
9.9 Deloitte Touche Tohmatsu Limited
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.9.4.2 Product Launches and Product Expansions:
9.10. Kofax, Inc. (Thoma Bravo LLC)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Acquisition and Mergers:
9.10.2.2 Partnerships, Collaborations, and Agreements:
9.10.2.3 Product Launches and Product Expansions:
Note: Product cover images may vary from those shown
  • OpenText Corporation
  • IBM Corporation
  • ABBYY Solutions Limited
  • Appian Corporation
  • Automation Anywhere, Inc.
  • UiPath, Inc.
  • WorkFusion, Inc.
  • Datamatics Global Services Limited (Delta Infosolutions Private Limited)
  • Deloitte Touche Tohmatsu Limited
  • Kofax, Inc. (Thoma Bravo LLC)
Note: Product cover images may vary from those shown

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