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Document Analysis Market to 2027 - Global Analysis and Forecasts by Solutions (Products and Services); Deployment Type (Cloud and On-premise); Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)); Industry Vertical (BFSI, Government, Healthcare, Retail, Manufacturing, and Others)

RnM3946150
10 April, 2020
Global
165 Pages
The Insight Partners
Other

The global document analysis market was valued US$ 421.4 million in 2018 and is expected to reach US$ 8023.6 million by 2027; it is expected to grow at a CAGR of 39.2% during 2019–2027.

The banking, financial services, and insurance sector is continuously experiencing the emergence of advanced technological solutions to increase efficiency. However, the market players operating in this sector are challenged with an enormous quantity of data that varies from the financial statement, invoices, legal contracts, emails, and receipts. Analyzing these documents are of utmost importance to the players operating in the BFSI sector. The BFSI companies across the globe are experiencing continuous growth in customer base, which is increasing the documentation size. With an aim to categorize the data, the BFSI sector players are utilizing or deploying natural language processing (NLP) to ensure customer and enterprise data in document mining applications. The consciousness related to the advantages of document analysis software among the BFSI sector players is stimulating the growth of the document analysis market.

The market for document analysis is segmented on various parameters such as solutions, deployment type, organization size, industry vertical, and geography. Based on organization size, SMEs are expected to witness growth at a high CAGR. The need for document analysis is equally required in all organizations, regardless of their size, to compete in the market efficiently. Cost-efficiency is a vital need of the SMEs as they are constantly controlled by limited budgets, which leaves them with restricted methods to market themselves and improve visibility. Further, the government segment in the document analysis market is projected to grow at the highest CAGR. Government agencies manage the confidential and secured data of individuals, processes, departments, and agencies. The government agencies generate an enormous amount of data, which is usually in an unstructured format. This data is required to be accurately captured, classified, and extracted to restructure the government process. Further, government agencies are required to team up for ensuring the migration and integrity of the data. Additionally, enhanced management of IT infrastructure for supporting resource sharing offers better security compliance controls as well as enhanced data security. As government agencies are exposed to strict data security policies, regulations, and audit policies, the demand for efficient document tools by these agencies is witnessing high growth. Thus, boosting the global document analysis market.

The market for document analysis is highly fragmented worldwide, and it is constantly witnessing the emergence of new players. The key companies operating in the document analysis market across the globe include Antworks; Automation Anywhere; Celaton; Datamatics Global Services Limited; Extract Systems; HCL Technologies Limited; Hyland Software, Inc.; Hyperscience; IBM Corp; and OpenText Corporation.

The overall global document analysis market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the global document analysis market. It also provides an overview and forecast for the document analysis market based on all the segmentation provided for the global regions. Also, primary interviews were conducted with industry participants and commentators to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in document analysis.

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Document Analysis Market Landscape

4.1 Market Overview
4.2 PEST Analysis
- 4.2.1 North America
- 4.2.2 Europe
- 4.2.3 Asia Pacific
- 4.2.4 Middle East & Africa
- 4.2.5 South America
4.3 Ecosystem Analysis

5. Document Analysis Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Demand for Gathering Meaningful Insights from Unstructured Data
- 5.1.2 BFSI Sector to Continue Stimulate the Demand
5.2 Market Restraints
- 5.2.1 Cybersecurity Pose a Critical Challenge
5.3 Market Opportunities
- 5.3.1 Growing Awareness in Developing Countries
5.4 Future Trends
- 5.4.1 Enhancing Business Process
5.5 Impact Analysis of Drivers And Restraints

6. Document Analysis - Global Market Analysis

6.1 Document Analysis Market Overview
6.2 Document Analysis Market Forecast and Analysis
6.3 Market Positioning - Global Market Players

7. Document Analysis Market Analysis - By Solutions

7.1 Overview
7.2 Document Analysis Market, By Solutions (2018 and 2027)
7.3 Products
- 7.3.1 Overview
  - 7.3.1.1 Products: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
7.4 Services
7.4.1.1 Services: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)

8. Document Analysis Market Analysis - By Deployment Type

8.1 Overview
8.2 Document Analysis Market, By Deployment Type (2018 and 2027)
8.3 Cloud
- 8.3.1 Overview
  - 8.3.1.1 Cloud: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
8.4 On-Premise
- 8.4.1 Overview
  - 8.4.1.1 On-Premise: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
9. Document Analysis Market Analysis - By Organization Size
- 9.1 Overview
- 9.2 Document Analysis Market, By Organization Size (2018 and 2027)
- 9.3 Large Enterprises
  - 9.3.1 Overview
    - 9.3.1.1 Large Enterprises: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
- 9.4 Small and Medium Enterprises (SMEs)
  - 9.4.1 Overview
    - 9.4.1.1 Small and Medium Enterprises (SMEs): Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
  10. Document Analysis Market Analysis - By Industry Vertical
  - 10.1 Overview
  - 10.2 Document Analysis Market, By Industry Vertical (2018 and 2027)
  - 10.3 BFSI
    - 10.3.1 Overview
      - 10.3.1.1 BFSI: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
  - 10.4 Government
    - 10.4.1 Overview
      - 10.4.1.1 Government: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
  - 10.5 Healthcare
    - 10.5.1 Overview
      - 10.5.1.1 Healthcare: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
  - 10.6 Retail
    - 10.6.1 Overview
      - 10.6.1.1 Retail: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
  - 10.7 Manufacturing
    - 10.7.1 Overview
      - 10.7.1.1 Manufacturing: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
  - 10.8 Others
    - 10.8.1 Overview
      - 10.8.1.1 Others: Document Analysis Market - Revenue, and Forecast to 2027 (US$ Million)
    11. Document Analysis Market - Geographic Analysis
    - 11.1 Overview
    - 11.2 North America: Document Analysis Market
      - 11.2.1 North America: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
      - 11.2.2 North America: Document Analysis Market, by Solutions
      - 11.2.3 North America: Document Analysis Market, by Deployment Type
      - 11.2.4 North America: Document Analysis Market, by Organization Size
      - 11.2.5 North America: Document Analysis Market, by Industry Vertical
      - 11.2.6 North America: Document Analysis Market, by Key Country
        11.2.6.1 US: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.2.6.1.1 US: Document Analysis Market, by Solutions
        11.2.6.1.2 US: Document Analysis Market, by Deployment Type
        11.2.6.1.3 US: Document Analysis Market, by Organization Size
        11.2.6.1.4 US: Document Analysis Market, by Industry Vertical
        11.2.6.2 Canada: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.2.6.2.1 Canada: Document Analysis Market, by Solutions
        11.2.6.2.2 Canada: Document Analysis Market, by Deployment Type
        11.2.6.2.3 Canada: Document Analysis Market, by Organization Size
        11.2.6.2.4 Canada: Document Analysis Market, by Industry Vertical
        11.2.6.3 Mexico: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.2.6.3.1 Mexico: Document Analysis Market, by Solutions
        11.2.6.3.2 Mexico: Document Analysis Market, by Deployment Type
        11.2.6.3.3 Mexico: Document Analysis Market, by Organization Size
        11.2.6.3.4 Mexico: Document Analysis Market, by Industry Vertical
        11.3 Europe: Document analysis Market
        11.3.1 Europe: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.3.2 Europe: Document Analysis Market, by Solutions
        11.3.3 Europe: Document Analysis Market, by Deployment Type
        11.3.4 Europe: Document Analysis Market, by Organization Size
        11.3.5 Europe: Document Analysis Market, by Industry Vertical
        11.3.6 Europe: Document Analysis Market, by Key Country
        11.3.6.1 Germany: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.3.6.1.1 Germany: Document Analysis Market, by Solutions
        11.3.6.1.2 Germany: Document Analysis Market, by Deployment Type
        11.3.6.1.3 Germany: Document Analysis Market, by Organization Size
        11.3.6.1.4 Germany: Document Analysis Market, by Industry Vertical
        11.3.6.2 France: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.3.6.2.1 France: Document Analysis Market, by Solutions
        11.3.6.2.2 France: Document Analysis Market, by Deployment Type
        11.3.6.2.3 France: Document Analysis Market, by Organization Size
        11.3.6.2.4 France: Document Analysis Market, by Industry Vertical
        11.3.6.3 Italy: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.3.6.3.1 Italy: Document Analysis Market, by Solutions
        11.3.6.3.2 Italy: Document Analysis Market, by Deployment Type
        11.3.6.3.3 Italy: Document Analysis Market, by Organization Size
        11.3.6.3.4 Italy: Document Analysis Market, by Industry Vertical
        11.3.6.4 UK: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.3.6.4.1 UK: Document Analysis Market, by Solutions
        11.3.6.4.2 UK: Document Analysis Market, by Deployment Type
        11.3.6.4.3 UK: Document Analysis Market, by Organization Size
        11.3.6.4.4 UK: Document Analysis Market, by Industry Vertical
        11.3.6.5 Russia: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.3.6.5.1 Russia: Document Analysis Market, by Solutions
        11.3.6.5.2 Russia: Document Analysis Market, by Deployment Type
        11.3.6.5.3 Russia: Document Analysis Market, by Organization Size
        11.3.6.5.4 Russia: Document Analysis Market, by Industry Vertical
        11.3.6.6 Rest of Europe: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.3.6.6.1 Rest of Europe: Document Analysis Market, by Solutions
        11.3.6.6.2 Rest of Europe: Document Analysis Market, by Deployment Type
        11.3.6.6.3 Rest of Europe: Document Analysis Market, by Organization Size
        11.3.6.6.4 Rest of Europe: Document Analysis Market, by Industry Vertical
        11.4 APAC: Document Analysis Market
        11.4.1 APAC: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.4.2 APAC: Document Analysis Market, by Solutions
        11.4.3 APAC: Document Analysis Market, by Deployment Type
        11.4.4 APAC: Document Analysis Market, by Organization Size
        11.4.5 APAC: Document Analysis Market, by Industry Vertical
        11.4.6 APAC: Document Analysis Market, by Key Country
        11.4.6.1 Australia: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.4.6.1.1 Australia: Document Analysis Market, by Solutions
        11.4.6.1.2 Australia: Document Analysis Market, by Deployment Type
        11.4.6.1.3 Australia: Document Analysis Market, by Organization Size
        11.4.6.1.4 Australia: Document Analysis Market, by Industry Vertical
        11.4.6.2 China: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.4.6.2.1 China: Document Analysis Market, by Solutions
        11.4.6.2.2 China: Document Analysis Market, by Deployment Type
        11.4.6.2.3 China: Document Analysis Market, by Organization Size
        11.4.6.2.4 China: Document Analysis Market, by Industry Vertical
        11.4.6.3 India: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.4.6.3.1 India: Document Analysis Market, by Solutions
        11.4.6.3.2 India: Document Analysis Market, by Deployment Type
        11.4.6.3.3 India: Document Analysis Market, by Organization Size
        11.4.6.3.4 India: Document Analysis Market, by Industry Vertical
        11.4.6.4 Japan: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.4.6.4.1 Japan: Document Analysis Market, by Solutions
        11.4.6.4.2 Japan: Document Analysis Market, by Deployment Type
        11.4.6.4.3 Japan: Document Analysis Market, by Organization Size
        11.4.6.4.4 Japan: Document Analysis Market, by Industry Vertical
        11.4.6.5 South Korea: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.4.6.5.1 South Korea: Document Analysis Market, by Solutions
        11.4.6.5.2 South Korea: Document Analysis Market, by Deployment Type
        11.4.6.5.3 South Korea: Document Analysis Market, by Industry Vertical
        11.4.6.5.4 South Korea: Document Analysis Market, by Industry Vertical
        11.4.6.6 Rest of APAC: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.4.6.6.1 Rest of APAC: Document Analysis Market, by Solutions
        11.4.6.6.2 Rest of APAC: Document Analysis Market, by Deployment Type
        11.4.6.6.3 Rest of APAC: Document Analysis Market, by Organization Size
        11.4.6.6.4 Rest of APAC: Document Analysis Market, by Industry Vertical
        11.5 MEA: Document Analysis Market
        11.5.1 MEA: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.5.2 MEA: Document Analysis Market, by Solutions
        11.5.3 MEA: Document Analysis Market, by Deployment Type
        11.5.4 MEA: Document Analysis Market, by Organization Size
        11.5.5 MEA: Document Analysis Market, by Industry Vertical
        11.5.6 MEA: Document Analysis Market, by Key Country
        11.5.6.1 South Africa: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.5.6.1.1 South Africa: Document Analysis Market, by Solutions
        11.5.6.1.2 South Africa: Document Analysis Market, by Deployment Type
        11.5.6.1.3 South Africa: Document Analysis Market, by Organization Size
        11.5.6.1.4 South Africa: Document Analysis Market, by Industry Vertical
        11.5.6.2 Saudi Arabia: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.5.6.2.1 Saudi Arabia: Document Analysis Market, by Solutions
        11.5.6.2.2 Saudi Arabia: Document Analysis Market, by Deployment Type
        11.5.6.2.3 Saudi Arabia: Document Analysis Market, by Organization Size
        11.5.6.2.4 Saudi Arabia: Document Analysis Market, by Industry Vertical
        11.5.6.3 UAE: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.5.6.3.1 UAE: Document Analysis Market, by Solutions
        11.5.6.3.2 UAE: Document Analysis Market, by Deployment Type
        11.5.6.3.3 UAE: Document Analysis Market, by Organization Size
        11.5.6.3.4 UAE: Document Analysis Market, by Industry Vertical
        11.5.6.4 Rest of MEA: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.5.6.4.1 Rest of MEA: Document Analysis Market, by Solutions
        11.5.6.4.2 Rest of MEA: Document Analysis Market, by Deployment Type
        11.5.6.4.3 Rest of MEA: Document Analysis Market, by Organization Size
        11.5.6.4.4 Rest of MEA: Document Analysis Market, by Industry Vertical
        11.6 SAM: Document Analysis Market
        11.6.1 SAM: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.6.2 SAM: Document Analysis Market, by Solutions
        11.6.3 SAM: Document Analysis Market, by Deployment Type
        11.6.4 SAM: Document Analysis Market, by Organization Size
        11.6.5 SAM: Document Analysis Market, by Industry Vertical
        11.6.6 SAM: Document Analysis Market, by Key Country
        11.6.6.1 Brazil: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.6.6.1.1 Brazil: Document Analysis Market, by Solutions
        11.6.6.1.2 Brazil: Document Analysis Market, by Deployment Type
        11.6.6.1.3 Brazil: Document Analysis Market, by Organization Size
        11.6.6.1.4 Brazil: Document Analysis Market, by Industry Vertical
        11.6.6.2 Argentina: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.6.6.2.1 Argentina: Document Analysis Market, by Solutions
        11.6.6.2.2 Argentina: Document Analysis Market, by Deployment Type
        11.6.6.2.3 Argentina: Document Analysis Market, by Organization Size
        11.6.6.2.4 Argentina: Document Analysis Market, by Industry Vertical
        11.6.6.3 Rest of SAM: Document Analysis Market - Revenue and Forecast to 2027 (US$ Million)
        11.6.6.3.1 Rest of SAM: Document Analysis Market, by Solutions
        11.6.6.3.2 Rest of SAM: Document Analysis Market, by Deployment Type
        11.6.6.3.3 Rest of SAM: Document Analysis Market, by Organization Size
        11.6.6.3.4 Rest of SAM: Document Analysis Market, by Industry Vertical
        12. Global Document Analysis Market-Industry Landscape
        12.1 Overview
        12.2 Market Initiative
        12.3 New Development
        13. Key Company Profiles
        13.1 IBM Corporation
        13.1.1 Key Facts
        13.1.2 Business Description
        13.1.3 Products and Services
        13.1.4 Financial Overview
        13.1.5 SWOT Analysis
        13.1.6 Key Developments
        13.2 Automation Anywhere, Inc.
        13.2.1 Key Facts
        13.2.2 Business Description
        13.2.3 Products and Services
        13.2.4 Financial Overview
        13.2.5 SWOT Analysis
        13.2.6 Key Developments
        13.3 AntWorks
        13.3.1 Key Facts
        13.3.2 Business Description
        13.3.3 Products and Services
        13.3.4 Financial Overview
        13.3.5 SWOT Analysis
        13.3.6 Key Developments
        13.4 Celaton
        13.4.1 Key Facts
        13.4.2 Business Description
        13.4.3 Products and Services
        13.4.4 Financial Overview
        13.4.5 SWOT Analysis
        13.4.6 Key Developments
        13.5 Datamatics Global Services Limited
        13.5.1 Key Facts
        13.5.2 Business Description
        13.5.3 Products and Services
        13.5.4 Financial Overview
        13.5.5 SWOT Analysis
        13.5.6 Key Developments
        13.6 Extract Systems
        13.6.1 Key Facts
        13.6.2 Business Description
        13.6.3 Products and Services
        13.6.4 Financial Overview
        13.6.5 SWOT Analysis
        13.6.6 Key Developments
        13.7 HCL Technologies
        13.7.1 Key Facts
        13.7.2 Business Description
        13.7.3 Products and Services
        13.7.4 Financial Overview
        13.7.5 SWOT Analysis
        13.7.6 Key Developments
        13.8 Hyland Software, Inc.
        13.8.1 Key Facts
        13.8.2 Business Description
        13.8.3 Products and Services
        13.8.4 Financial Overview
        13.8.5 SWOT Analysis
        13.8.6 Key Developments
        13.9 HYPERSCIENCE
        13.9.1 Key Facts
        13.9.2 Business Description
        13.9.3 Products and Services
        13.9.4 Financial Overview
        13.9.5 SWOT Analysis
        13.9.6 Key Developments
        13.10 OpenText Corporation
        13.10.1 Key Facts
        13.10.2 Business Description
        13.10.3 Products and Services
        13.10.4 Financial Overview
        13.10.5 SWOT Analysis
        13.10.6 Key Developments
        14. Appendix
        14.1 About The Insight Partners
        14.2 Word Index

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Summary:
Get latest Market Research Reports on Document Analysis . Industry analysis & Market Report on Document Analysis is a syndicated market report, published as Document Analysis Market to 2027 - Global Analysis and Forecasts by Solutions (Products and Services); Deployment Type (Cloud and On-premise); Organization Size (Large Enterprises and Small & Medium Enterprises (SMEs)); Industry Vertical (BFSI, Government, Healthcare, Retail, Manufacturing, and Others). It is complete Research Study and Industry Analysis of Document Analysis market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

Last updated on 10 April, 2020

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Table Of Content

TABLE OF CONTENTS

1. Introduction

2. Key Takeaways

3. Research Methodology

4. Document Analysis Market Landscape

5. Document Analysis Market - Key Market Dynamics

6. Document Analysis - Global Market Analysis

7. Document Analysis Market Analysis - By Solutions

8. Document Analysis Market Analysis - By Deployment Type

9. Document Analysis Market Analysis - By Organization Size

10. Document Analysis Market Analysis - By Industry Vertical

11. Document Analysis Market - Geographic Analysis

12. Global Document Analysis Market-Industry Landscape

13. Key Company Profiles

14. Appendix

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