Middle East & Africa Intelligent Document Processing Market Size & Outlook
Middle East & Africa intelligent document processing market, 2018-2030 (US$M)
Related Markets
MEA intelligent document processing market highlights
- The MEA intelligent document processing market generated a revenue of USD 158.2 million in 2023.
- The market is expected to grow at a CAGR of 27.2% 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, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 158.2 million |
| Market revenue in 2030 | USD 852.2 million |
| Growth rate | 27.2% (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, MEA region accounted for 8.8% 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.
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Intelligent Document Processing Market Scope
Intelligent Document Processing Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 63.02% in 2023. Horizon Databook has segmented the Middle East & Africa intelligent document processing market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Middle East & Africa Intelligent Document Processing Component Outlook (Revenue, USD Million, 2018-2030)
- Solution
- Services
- Middle East & Africa Intelligent Document Processing Technology Outlook (Revenue, USD Million, 2018-2030)
- Machine Learning
- Natural Language Processing (NLP)
- Computer Vision
- Middle East & Africa Intelligent Document Processing Deployment Outlook (Revenue, USD Million, 2018-2030)
- Cloud
- On-premise
- Middle East & Africa Intelligent Document Processing Organization Size Outlook (Revenue, USD Million, 2018-2030)
- Small and Medium Sized Enterprises (SMEs)
- Large Size Enterprises
- Middle East & Africa Intelligent Document Processing End Use Outlook (Revenue, USD Million, 2018-2030)
- BFSI
- Healthcare
- Manufacturing
- Retail
- Government & Public Sector
- Transportation & Logistics
- IT & Telecom
- Others
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Target buyers of Middle East & Africa intelligent document processing market databook
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Our clientele includes a mix of intelligent document processing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa intelligent document processing market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa intelligent document processing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
MEA intelligent document processing market size, by country, 2018-2030 (US$M)
Middle East & Africa Intelligent Document Processing Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
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