Global Intelligent Document Processing Market Size & Outlook
Global intelligent document processing market, 2017-2030 (US$M)
Related Markets
Global intelligent document processing market highlights
- The global intelligent document processing market generated a revenue of USD 1,791.2 million in 2023 and is expected to reach USD 11,285.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 30.1% by 2030.
- In terms of segment, solution accounted for a revenue of USD 1,135.2 million in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,791.2 million |
| Market revenue in 2030 | USD 11,285.8 million |
| Growth rate | 30.1% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
Other key industry trends
- In terms of revenue, the North America accounted for 31.0% of the global intelligent document processing market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Saudi Arabia is the fastest growing regional market and is projected to reach USD 199.6 million by 2030.
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Intelligent Document Processing Market Scope
Intelligent Document Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global intelligent document processing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to intelligent document processing market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 63.38% in 2024. Horizon Databook has segmented the Global intelligent document processing market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
- Global Intelligent Document Processing Component Outlook (Revenue, USD Million, 2017-2030)
- Solution
- Services
- Global Intelligent Document Processing Technology Outlook (Revenue, USD Million, 2017-2030)
- Machine Learning
- Natural Language Processing (NLP)
- Computer Vision
- Global Intelligent Document Processing Deployment Outlook (Revenue, USD Million, 2017-2030)
- Cloud
- On premise
- Global Intelligent Document Processing Organization Size Outlook (Revenue, USD Million, 2017-2030)
- Small and Medium Sized Enterprises (SMEs)
- Large Size Enterprises
- Global Intelligent Document Processing End Use Outlook (Revenue, USD Million, 2017-2030)
- BFSI
- Healthcare
- Manufacturing
- Retail
- Government & Public Sector
- Transportation & Logistics
- IT & Telecom
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global intelligent document processing market , including forecasts for subscribers. This global databook contains high-level insights into Global intelligent document processing market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Global intelligent document processing market size, by regions, 2017-2030 (US$M)
Top 10 countries: Intelligent document processing market size, 2024 (US$M)
Global intelligent document processing market share, by component, 2024 & 2030 (%, US$M)
Intelligent document processing market: Opportunity assessment by country
Global intelligent document processing market, by region, 2024 (US$M)
| Component | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 201.0 | 234.1 | 274.5 | 327.6 | 395.2 | 480.9 | 596.5 | 754.3 | 968.1 | 1,258.6 | 1,656.5 | 2,201.0 | 2,946.0 | 3,954.3 | 32.5% |
| Europe | 154.9 | 181.5 | 214.0 | 256.9 | 311.7 | 382.5 | 478.4 | 610.0 | 789.3 | 1,034.7 | 1,373.1 | 1,839.4 | 2,482.4 | 3,359.6 | 33.6% |
| Asia Pacific | 126.4 | 148.8 | 176.5 | 213.0 | 259.9 | 322.0 | 406.6 | 523.4 | 683.6 | 904.4 | 1,210.9 | 1,636.6 | 2,227.9 | 3,041.0 | 34.8% |
| Latin America | 57.4 | 66.7 | 78.1 | 93.1 | 112.2 | 135.8 | 167.4 | 210.4 | 268.4 | 346.8 | 453.6 | 598.8 | 796.3 | 1,061.8 | 31.7% |
| MEA | 55.7 | 64.8 | 76.0 | 90.6 | 109.3 | 130.9 | 159.7 | 198.6 | 250.6 | 320.1 | 413.7 | 539.6 | 708.5 | 932.5 | 30.1% |
| Overall | 595.3 | 695.9 | 819.1 | 981.2 | 1,188.3 | 1,452.1 | 1,808.6 | 2,296.7 | 2,960.0 | 3,864.6 | 5,107.8 | 6,815.4 | 9,161.2 | 12,349.3 | 33.1% |
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