Document Analysis Market Analysis & Forecast, 2020 – 2025

Report Code - ICT20201020B | Industry - Information and Communications Technology | Published on - January, 2021 | Pages - 155 | Format -

Document Analysis Market by Component, Deployment Model, Enterprise Size & Industry (BFSI, Government, Healthcare and Life Sciences, Retail and eCommerce, Manufacturing, Transportation and Logistics, Others) – Global Market Analysis and Forecast (2020 – 2025)




The global document analysis market generated revenue of US$ 528.1 million in 2020 and is expected to reach US$ 3,161.7 million by 2025 with a CAGR of 43.0% in the forecast period. The document analysis market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global document analysis market. In qualitative terms, the document analysis market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, Porter five-force model analysis, and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of document analysis in various segments such as by component, deployment model, enterprise size, and industry at global, regional, and country-level. Also, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.

Segment Analysis

  • The solution segment accounts for the dominating position in the market.
    • Based on components, the document analysis market is segmented into solutions and services. The solution segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period. The service segment is further segmented into professional and managed services. The professional service segment accounts for the dominant position in the market in 2020 whereas the managed service segment is expected to grow with the highest CAGR in the forecast period.
  • BFSI industry accounts for the dominating position in the market.
    • Based on industry, the market for document analysis is segmented into BFSI, government, healthcare & life sciences, retail and eCommerce, manufacturing, transportation and logistics, and others. Over the projection period, the BFSI industry is expected to lead the document analysis market with the highest share. Retail and eCommerce is expected to grow with the highest CAGR during the forecast period.
  • The cloud-based deployment model is expected to grow with the highest CAGR in the forecast period.
    • Based on the deployment model, the document analysis market is segmented into on-premises and cloud-based. The cloud-based deployment model is expected to grow with the highest CAGR during the forecast period. Also, on-premises hold a dominant market position in 2020 and are expected to remain dominant over the forecast period.
  • The large enterprise segment accounts for the dominating position in the market.
    • Based on enterprise size, the document analysis market is segmented into small & medium enterprises and large enterprises. The small & medium enterprises segment is expected to grow with the highest CAGR during the forecast period. Moreover, the large enterprise segment holds the dominating position in the market in 2020 and is expected to retain its dominance throughout the forecast period.
  • North America accounts for the dominating position in the market.
    • Based on the region, the document analysis market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to account for the largest market share in 2020. The United States and Canada are the largest market-driven countries in this region. Moreover, Asia Pacific is projected to rise at the fastest CAGR in the forecast period. China, India, and Japan are some of the major market-driven countries in the world.
  • Document analysis market players:
    • Some of the major players of the document analysis market are ABBYY, AntWorks, Automation Anywhere, Celaton, Datamatics, Extract Systems, HCL Technologies, Hyland, HyperScience, IBM, Infrrd, Kofax, OpenText, Parascript, WorkFusion. The study also focuses on different business or inorganic market growth strategies through technology advancement, business expansion, alliances, and mergers and acquisitions to create disruptive technologies and consumer networks.
  • Key questions the report answers
    • Which factors will contribute to a change in the demand for document analysis during the evaluation phase?
    • What are the major driving factors that accelerate the growth of the market?
    • What are the restraints which hinder the growth of the market?
    • What segment offers the most development opportunities?
    • Which region provides the key growth opportunity to the market?
    • Who are the major industry players?
    • What are the key strategies adopted by the market players?

The document analysis market study offers both quantitative and qualitative analysis based on various segments and regions. The report points out the market revenue from 2019 to 2025, in which 2019 is considered to be the historical year, 2020 as the base year and from 2021 to 2025 as the projection year. Market revenue is measured in the US dollar.

The document analysis market report provides a detailed study on the following segments:

Document Analysis Market, by Component

  • Solution
  • Services
    • Professional Services
    • Managed Services

Document Analysis Market, by Deployment Model

  • On- Premises
  • Cloud Based

Document Analysis Market, by Enterprise Size

  • Small & Medium Enterprises
  • Large Enterprises

Document Analysis Market, by Industry

  • BFSI
  • Government
  • Healthcare and Life Sciences
  • Retail and eCommerce
  • Manufacturing
  • Transportation and Logistics
  • Others

Document Analysis Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  1. Introduction             
  2. Market Overview
    1. Global Document Analysis Market Introduction              
    2. Macro- Economic Factor
    3. Market Determinants
      1. Market Driver
      2. Market Restraints
      3. Market Opportunities
      4. Market Challenges
    4. Value Chain Analysis
    5. Technology/Product Roadmap
    6. Porters 5 Force Model
    7. Market Growth Opportunity Analysis
  3. Market Segmentation
    1. Global Document Analysis Market Analysis (US$ Mn), By Component, 2019 - 2025
      1. Solution
      2. Services
        1. Professional Services
        2. Managed Services
    2. Global Document Analysis Market Analysis (US$ Mn), By Deployment Model, 2019 – 2025
      1. Cloud Based
      2. On-Premises
    3. Global Document Analysis Market Analysis (US$ Mn), By Enterprise Size, 2019 – 2025
      1. Large Enterprises
      2. Small & Medium Enterprises
    4. Global Document Analysis Market Analysis (US$ Mn), By Industry, 2019 – 2025
      1. BFSI
      2. Government
      3. Healthcare and Life Sciences
      4. Retail and eCommerce
      5. Manufacturing
      6. Transportation and Logistics
      7. Others
  4. Regional Analysis
    1. North America Document Analysis Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. U.S.
        2. Canada
      2. By Component
        1. Solution
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Deployment Model
        1. Cloud Based
        2. On-Premises
      4. By Enterprise Size
        1. Large Enterprises
        2. Small & Medium Enterprises
      5. By Industry
        1. BFSI
        2. Government
        3. Healthcare and Life Sciences
        4. Retail and eCommerce
        5. Manufacturing
        6. Transportation and Logistics
        7. Others
    2. Europe Document Analysis Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. Germany
        2. U.K.
        3. France
        4. Italy
        5. Spain
        6. Rest of Europe
      2. By Component
        1. Solution
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Deployment Model
        1. Cloud Based
        2. On-Premises
      4. By Enterprise Size
        1. Large Enterprises
        2. Small & Medium Enterprises
      5. By Industry
        1. BFSI
        2. Government
        3. Healthcare and Life Sciences
        4. Retail and eCommerce
        5. Manufacturing
        6. Transportation and Logistics
        7. Others  
    3. Asia Pacific Document Analysis Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific
      2. By Component
        1. Solution
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Deployment Model
        1. Cloud Based
        2. On-Premises
      4. By Enterprise Size
        1. Large Enterprises
        2. Small & Medium Enterprises
      5. By Industry
        1. BFSI
        2. Government
        3. Healthcare and Life Sciences
        4. Retail and eCommerce
        5. Manufacturing
        6. Transportation and Logistics
        7. Others  
    4. Middle East & Africa Document Analysis Market Analysis (US$ Mn), 2019 - 2025
      1. By Region
        1. GCC
        2. South Africa
        3. Rest of Middle East & Africa
      2. By Component
        1. Solution
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Deployment Model
        1. Cloud Based
        2. On-Premises
      4. By Enterprise Size
        1. Large Enterprises
        2. Small & Medium Enterprises
      5. By Industry
        1. BFSI
        2. Government
        3. Healthcare and Life Sciences
        4. Retail and eCommerce
        5. Manufacturing
        6. Transportation and Logistics
        7. Others  
    5. Latin America Document Analysis Market Analysis (US$ Mn), 2019 - 2025
      1. By Country
        1. Brazil
        2. Mexico
        3. Rest of Latin America
      2. By Component
        1. Solution
        2. Services
          1. Professional Services
          2. Managed Services
      3. By Deployment Model
        1. Cloud Based
        2. On-Premises
      4. By Enterprise Size
        1. Large Enterprises
        2. Small & Medium Enterprises
      5. By Industry
        1. BFSI
        2. Government
        3. Healthcare and Life Sciences
        4. Retail and eCommerce
        5. Manufacturing
        6. Transportation and Logistics
        7. Others  
  5. Competitive Analysis
    1. Company Share Analysis (%) 2019
    2. List of Acquisition, Merger, Collaboration & New Product Launch
  6. Company Profiles
    1. ABBYY
    2. AntWorks
    3. Automation Anywhere
    4. Celaton
    5. Datamatics
    6. Extract Systems
    7. HCL Technologies
    8. Hyland
    9. HyperScience
    10. IBM
    11. Infrrd
    12. Kofax
    13. OpenText
    14. Parascript
    15. WorkFusion

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