LONDON--(BUSINESS WIRE)--Technavio has been monitoring the document capture software market and it is poised to grow by USD 3.58 bn during 2020-2024, progressing at a CAGR of over 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABBYY Solutions Ltd., Adobe Inc., Canon Inc., Dell Technologies Inc., Kofax Inc., Oracle Corp., Parashift AG, Rossum Ltd., Seiko Epson Corp., and Xerox Corp. are some of the major market participants. Although the the growing use of big data analytics will offer immense growth opportunities, risks of data theft and cyber attacks will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The growing use of big data analytics has been instrumental in driving the growth of the market. However, risks of data theft and cyber attacks might hamper market growth.
Document Capture Software Market 2020-2024 : Segmentation
Document Capture Software Market is segmented as below:
-
End-user
- BFSI
- Healthcare
- Government
- Legal
- Others
-
Geography
- North America
- Europe
- APAC
- South America
- MEA
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Document Capture Software Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our document capture software market report covers the following areas:
- Document Capture Software Market Size
- Document Capture Software Market Trends
- Document Capture Software Market Industry Analysis
This study identifies use of mobile-based data capture software as one of the prime reasons driving the document capture software market growth during the next few years.
Document Capture Software Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the document capture software market, including some of the vendors such as ABBYY Solutions Ltd., Adobe Inc., Canon Inc., Dell Technologies Inc., Kofax Inc., Oracle Corp., Parashift AG, Rossum Ltd., Seiko Epson Corp., and Xerox Corp Backed with competitive intelligence and benchmarking, our research reports on the document capture software market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Document Capture Software Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist document capture software market growth during the next five years
- Estimation of the document capture software market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the document capture software market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of document capture software market vendors
Table Of Contents :
Executive Summary
Market Landscape
- Market ecosystem
- Market characteristics
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by End-user
- Market segments
- Comparison by End user
- BFSI - Market size and forecast 2019-2024
- Healthcare - Market size and forecast 2019-2024
- Government - Market size and forecast 2019-2024
- Legal - Market size and forecast 2019-2024
- Others - Market size and forecast 2019-2024
- Market opportunity by End user
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- ABBYY Solutions Ltd.
- Adobe Inc.
- Canon Inc.
- Dell Technologies Inc.
- Kofax Inc.
- Oracle Corp.
- Parashift AG
- Rossum Ltd.
- Seiko Epson Corp.
- Xerox Corp.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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