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Global Document Analysis Market Size study, by Solution (Product, Services), by Deployment Type (On-Premises, Cloud), by Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), by End-User (Banking, Financial Services and Insurance, Government, Healthcare and Life Sciences, Retail and E-commerce, Others) and Regional Analysis, 2022-2029

February 2023 | 200 pages | ID: G61FC21E3DB8EN
Bizwit Research & Consulting LLP

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Global Document Analysis Market is valued at approximately USD 1.18 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 48.1% over the forecast period 2022-2029. Document Analysis is a type of qualitative research in which documents are interpreted or analyzed by the researchers to provide voice and meaning around a review topic. There are three essential types of sources for document analysis: public records (such as transcripts, yearly reports and so on), personal documents (such as messages, articles, social media posts and so on) and physical evidence (such as flyers, publications, and so on). It defines the act of assessing the existing documentation of comparable business processes or systems extracts information that is appropriate to the current project, and consequently considers it as project requirements. Factors such as rising number of initiatives to digitalize content in enterprises and rising proliferation of cloud-based document analysis solutions are the few factors that are responsible for the market growth around the world.

In addition, the rapid proliferation of the internet is exhibiting a positive influence on market growth. The International Telecommunication Union stated that in 2012, it was estimated that there were approximately 2.4 billion individuals using the internet around the world. Also, the figure is constantly increasing with a growth rate of 8.24% and reached around 5.3 billion internet users in the year 2022. Thus, these aforementioned factors are bolstering the market demand at a substantial rate. Moreover, the increasing need to improve customer experience, as well as the integration of advanced technologies with intelligent document processing solutions is the major factor expected to create lucrative growth opportunities for the market in the upcoming years. However, addressing governance and compliance requirements and data security concerns are the few factors anticipated to restrain the growth of the global Document Analysis market during the forecast period.

The key regions considered for the Global Document Analysis Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing technological development and rising awareness regarding data security in the region. However, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2029 due to the increase in the need for an advanced intelligent solution along with growing healthcare infrastructure across the region.

Major market player included in this report are:
ABB Ltd.
IBM Corporation
Kofax Inc.
Parascript LLC
Hyland Software, Inc.
WorkFusion Inc.
AntWorks
Datamatics Global Services Limited
HyperScience
Kodak Alaris Inc.

Recent Developments in the Market:
In January 2023, LiquidText announced the introduction of a notetaking, award-winning reading, and document analysis platform. This enterprise edition platform is specially developed for large deployments and comprises options to integrate with document management software, improving privacy, better security, and data location control.

Global Document Analysis Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Solution, Deployment Type, Organization Size, End-User, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Solution:
Product
Services
By Deployment Type:
On-Premises
Cloud
By Organization Size:
Small and Medium-Sized Enterprises
Large Enterprises
By End-User
Banking, Financial Services and Insurance
Government
Healthcare and Life Sciences
Retail and E-commerce
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Document Analysis Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Document Analysis Market, by Solution, 2019-2029 (USD Billion)
  1.2.3. Document Analysis Market, by Deployment Type, 2019-2029 (USD Billion)
  1.2.4. Document Analysis Market, by Organization Size, 2019-2029 (USD Billion)
  1.2.5. Document Analysis Market, by End-User, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL DOCUMENT ANALYSIS MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL DOCUMENT ANALYSIS MARKET DYNAMICS

3.1. Document Analysis Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Rising initiatives to digitalize content across enterprises
    3.1.1.2. Rapid proliferation of the internet
  3.1.2. Market Challenges
    3.1.2.1. Addressing governance and compliance requirements
    3.1.2.2. Data security concerns
  3.1.3. Market Opportunities
    3.1.3.1. Increasing need to improve customer experience
    3.1.3.2. Integration of advanced technologies with intelligent document processing solution

CHAPTER 4. GLOBAL DOCUMENT ANALYSIS MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL DOCUMENT ANALYSIS MARKET, BY SOLUTION

6.1. Market Snapshot
6.2. Global Document Analysis Market by Solution, Performance - Potential Analysis
6.3. Global Document Analysis Market Estimates & Forecasts by Solution 2019-2029 (USD Billion)
6.4. Document Analysis Market, Sub Segment Analysis
  6.4.1. Product
  6.4.2. Services

CHAPTER 7. GLOBAL DOCUMENT ANALYSIS MARKET, BY DEPLOYMENT TYPE

7.1. Market Snapshot
7.2. Global Document Analysis Market by Deployment Type, Performance - Potential Analysis
7.3. Global Document Analysis Market Estimates & Forecasts by Deployment Type 2019-2029 (USD Billion)
7.4. Document Analysis Market, Sub Segment Analysis
  7.4.1. On-Premises
  7.4.2. Cloud

CHAPTER 8. GLOBAL DOCUMENT ANALYSIS MARKET, BY ORGANIZATION SIZE

8.1. Market Snapshot
8.2. Global Document Analysis Market by Organization Size, Performance - Potential Analysis
8.3. Global Document Analysis Market Estimates & Forecasts by Organization Size 2019-2029 (USD Billion)
8.4. Document Analysis Market, Sub Segment Analysis
  8.4.1. Small and Medium-Sized Enterprises
  8.4.2. Large Enterprises

CHAPTER 9. GLOBAL DOCUMENT ANALYSIS MARKET, BY END-USER

9.1. Market Snapshot
9.2. Global Document Analysis Market by End-User, Performance - Potential Analysis
9.3. Global Document Analysis Market Estimates & Forecasts by End-User 2019-2029 (USD Billion)
9.4. Document Analysis Market, Sub Segment Analysis
  9.4.1. Banking, Financial Services and Insurance
  9.4.2. Government
  9.4.3. Healthcare and Life Sciences
  9.4.4. Retail and E-commerce
  9.4.5. Others

CHAPTER 10. GLOBAL DOCUMENT ANALYSIS MARKET, REGIONAL ANALYSIS

10.1. Document Analysis Market, Regional Market Snapshot
10.2. North America Document Analysis Market
  10.2.1. U.S. Document Analysis Market
    10.2.1.1. Solution breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Deployment Type breakdown estimates & forecasts, 2019-2029
    10.2.1.3. Organization Size breakdown estimates & forecasts, 2019-2029
    10.2.1.4. End-User breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada Document Analysis Market
10.3. Europe Document Analysis Market Snapshot
  10.3.1. U.K. Document Analysis Market
  10.3.2. Germany Document Analysis Market
  10.3.3. France Document Analysis Market
  10.3.4. Spain Document Analysis Market
  10.3.5. Italy Document Analysis Market
  10.3.6. Rest of Europe Document Analysis Market
10.4. Asia-Pacific Document Analysis Market Snapshot
  10.4.1. China Document Analysis Market
  10.4.2. India Document Analysis Market
  10.4.3. Japan Document Analysis Market
  10.4.4. Australia Document Analysis Market
  10.4.5. South Korea Document Analysis Market
  10.4.6. Rest of Asia Pacific Document Analysis Market
10.5. Latin America Document Analysis Market Snapshot
  10.5.1. Brazil Document Analysis Market
  10.5.2. Mexico Document Analysis Market
  10.5.3. Rest of Latin America Document Analysis Market
10.6. Rest of The World Document Analysis Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. ABB Ltd.
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. IBM Corporation
  11.2.3. Kofax Inc.
  11.2.4. Parascript LLC
  11.2.5. Hyland Software, Inc.
  11.2.6. WorkFusion Inc.
  11.2.7. AntWorks
  11.2.8. Datamatics Global Services Limited
  11.2.9. HyperScience
  11.2.10. Kodak Alaris Inc.

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Document Analysis Market, report scope
TABLE 2. Global Document Analysis Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Document Analysis Market estimates & forecasts by Solution 2019-2029 (USD Billion)
TABLE 4. Global Document Analysis Market estimates & forecasts by Deployment Type 2019-2029 (USD Billion)
TABLE 5. Global Document Analysis Market estimates & forecasts by Organization Size 2019-2029 (USD Billion)
TABLE 6. Global Document Analysis Market estimates & forecasts by End-User 2019-2029 (USD Billion)
TABLE 7. Global Document Analysis Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Document Analysis Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Document Analysis Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Document Analysis Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Document Analysis Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Document Analysis Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Document Analysis Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Document Analysis Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Document Analysis Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Document Analysis Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Document Analysis Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Document Analysis Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Document Analysis Market
TABLE 72. List of primary sources, used in the study of global Document Analysis Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Document Analysis Market, research methodology
FIG 2. Global Document Analysis Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Document Analysis Market, key trends 2021
FIG 5. Global Document Analysis Market, growth prospects 2022-2029
FIG 6. Global Document Analysis Market, porters 5 force model
FIG 7. Global Document Analysis Market, pest analysis
FIG 8. Global Document Analysis Market, value chain analysis
FIG 9. Global Document Analysis Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Document Analysis Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Document Analysis Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Document Analysis Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Document Analysis Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Document Analysis Market, regional snapshot 2019 & 2029
FIG 15. North America Document Analysis Market 2019 & 2029 (USD Billion)
FIG 16. Europe Document Analysis Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Document Analysis Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Document Analysis Market 2019 & 2029 (USD Billion)
FIG 19. Global Document Analysis Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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