Latin America Intelligent Document Processing Market Size & Outlook
The intelligent document processing market in Latin America is expected to reach a projected revenue of US$ 1,175.9 million by 2030. A compound annual growth rate of 28.7% is expected of Latin America intelligent document processing market from 2024 to 2030.
Revenue, 2023 (US$M)
$201.4
Forecast, 2030 (US$M)
$1,175.9
CAGR, 2024 - 2030
28.7%
Report Coverage
Latin America
Latin America intelligent document processing market, 2018-2030 (US$M)
Related Markets
Latin America intelligent document processing market highlights
- The Latin America intelligent document processing market generated a revenue of USD 201.4 million in 2023.
- The market is expected to grow at a CAGR of 28.7% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 201.4 million |
| Market revenue in 2030 | USD 1,175.9 million |
| Growth rate | 28.7% (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 |
| Key market players worldwide | UiPath Inc Class A, International Business Machines Corp, Appian Corp A, HCL Technologies, Tungsten Automation, Datamatics, ABBYY, Automation Anywhere, WorkFusion, Hyperscience, AntWorks |
Other key industry trends
- In terms of revenue, Latin America region accounted for 11.2% of the global intelligent document processing market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,779.1 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Intelligent Document Processing Market Scope
Intelligent document processing market segmentation & scope
BFSI
Healthcare
Manufacturing
Retail
Government & Public Sector
Transportation & Logistics
IT & Telecom
Others
Intelligent Document Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 63.65% in 2023. Horizon Databook has segmented the Latin America intelligent document processing market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Latin America Intelligent Document Processing Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Services
- Latin America Intelligent Document Processing Technology Outlook (Revenue, USD Million, 2018-2030)
- Machine Learning
- Natural Language Processing (NLP)
- Computer Vision
- Latin America Intelligent Document Processing Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-premise
- Latin America Intelligent Document Processing Organization Size Outlook (Revenue, USD Million, 2018-2030)
- Small and Medium Sized Enterprises (SMEs)
- Large Size Enterprises
- Latin America Intelligent Document Processing End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Healthcare
- Manufacturing
- Retail
- Government & Public Sector
- Transportation & Logistics
- IT & Telecom
- Others
Reasons to subscribe to Latin America intelligent document processing market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Latin America intelligent document processing market databook
-
Our clientele includes a mix of intelligent document processing market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America intelligent document processing market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America intelligent document processing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Latin America intelligent document processing market size, by country, 2018-2030 (US$M)
Latin America Intelligent Document Processing Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
