Document Analysis Market
PUBLISHED: 2020 ID: SMRC18757
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Document Analysis Market

Document Analysis - Global Market Outlook (2018-2027)

4.1 (53 reviews)
4.1 (53 reviews)
Published: 2020 ID: SMRC18757

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Document Analysis market is accounted for $287.21 million in 2018 and is expected to reach $12812.46 million by 2027 growing at a CAGR of 52.5% during the forecast period. Some of the key factors propelling the market growth are raising enterprises to digitalize content and growing adoption of cloud-based solutions. However, addressing governance and compliance requirements is the restraining factor for the growth of the market.

Document analysis is a kind of qualitative research where documents are checked by the analyst to assess an appraisal theme. Dissecting records involves coding content into subjects like how focus group or interview transcripts are investigated. Examining documents incorporates coding content into themes similar to how focus group or interview transcripts are analyzed. There are three essential types of documents. They are Public Records, Personal Documents and Physical Evidence.

By organization size, small and medium-sized enterprises segment is expected to grow at a significant market share during the forecast period. The requirement for document analysis is similarly required in all organizations, regardless of the size, to compete in the market. Cost-effectiveness is a basic need of the SMEs, as they are constantly constrained by limited budgets, which leaves them with limited ways to market themselves and gain visibility. SMEs usually opt for Software as a Service (SaaS)-based solutions, due to cost constraints; additionally, the SaaS model minimizes the IT requirement. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period. The developed economies of North America, for example, the US and Canada, there is a high focus on advancements acquired from Research and Development (R&D) and technology.

Some of the key players in Document Analysis Market include Abbyy, Kofax, IBM, Workfusion, Automation Anywhere, Antworks, Parascript, Hyland, Datamatics, Extract Systems, Hyperscience, Opentext, Infrrd, Celaton, HCL Technologies, Kodak Alaris, Rossum, Indata Labs, Ephesoft, IRIS and Right-To-Win.

Deployment Types Covered:
• Cloud
• On-Premises 

Services Covered:
• Managed Services
• Professional Services

Solutions Covered:
• Services
• Product

Organization Sizes Covered:
• Small and Medium-Sized Enterprises
• Large Enterprises

End Users Covered:
• Transportation and Logistics
• Retail and eCommerce
• Manufacturing
• Healthcare and Life Sciences
• Government
• Banking, Financial Services and Insurance (BFSI)
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK  
o Spain 
o Rest of Europe       
• Asia Pacific
o Japan        
o China        
o India        
o Australia        
o New Zealand       
o Rest of Asia Pacific
• South America 
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary          
            
2 Preface   
       
 2.1 Abstract          
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology        
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources         
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions        
            
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers          
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats          
 3.6 End User Analysis         
 3.7 Emerging Markets         
 3.8 Futuristic Market Scenario        
            
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry         
            
5 Global Document Analysis Market, By Deployment Type      
 5.1 Introduction         
 5.2 Cloud          
 5.3 On-Premises         
            
6 Global Document Analysis Market, By Service       
 6.1 Introduction         
 6.2 Managed Services         
 6.3 Professional Services        
            
7 Global Document Analysis Market, By Solution        
 7.1 Introduction         
 7.2 Services          
 7.3 Product          
            
8 Global Document Analysis Market, By Organization Size      
 8.1 Introduction         
 8.2 Small and Medium-Sized Enterprises       
 8.3 Large Enterprises         
            
9 Global Document Analysis Market, By End User       
 9.1 Introduction         
 9.2 Transportation and Logistics        
 9.3 Retail and eCommerce        
 9.4 Manufacturing         
 9.5 Healthcare and Life Sciences        
 9.6 Government         
 9.7 Banking, Financial Services and Insurance (BFSI)      
 9.8 Other End Users         
            
10 Global Document Analysis Market, By Geography       
 10.1 Introduction         
 10.2 North America         
  10.2.1 US         
  10.2.2 Canada         
  10.2.3 Mexico         
 10.3 Europe          
  10.3.1 Germany         
  10.3.2 UK         
  10.3.3 Italy         
  10.3.4 France         
  10.3.5 Spain         
  10.3.6 Rest of Europe        
 10.4 Asia Pacific         
  10.4.1 Japan         
  10.4.2 China         
  10.4.3 India         
  10.4.4 Australia         
  10.4.5 New Zealand        
  10.4.6 South Korea        
  10.4.7 Rest of Asia Pacific        
 10.5 South America         
  10.5.1 Argentina        
  10.5.2 Brazil         
  10.5.3 Chile         
  10.5.4 Rest of South America       
 10.6 Middle East & Africa        
  10.6.1 Saudi Arabia        
  10.6.2 UAE         
  10.6.3 Qatar         
  10.6.4 South Africa        
  10.6.5 Rest of Middle East & Africa       
            
11 Key Developments          
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 11.2 Acquisitions & Mergers        
 11.3 New Product Launch        
 11.4 Expansions         
 11.5 Other Key Strategies        
            
12 Company Profiling          
 12.1 Abbyy          
 12.2 Kofax          
 12.3 IBM          
 12.4 Workfusion         
 12.5 Automation Anywhere        
 12.6 Antworks          
 12.7 Parascript         
 12.8 Hyland          
 12.9 Datamatics         
 12.10 Extract Systems         
 12.11 Hyperscience         
 12.12 Opentext          
 12.12 Infrrd          
 12.13 Celaton          
 12.14 HCL Technologies         
 12.15 Kodak Alaris         
 12.16 Rossum          
 12.17 Indata Labs         
 12.18 Ephesoft          
 12.19 IRIS          
 12.20 Right-To-Win         


List of Tables           
1 Global Document Analysis Market Outlook, By Region (2017-2027) ($MN)    
2 Global Document Analysis Market Outlook, By Deployment Type (2017-2027) ($MN)   
3 Global Document Analysis Market Outlook, By Cloud (2017-2027) ($MN)     
4 Global Document Analysis Market Outlook, By On-Premises (2017-2027) ($MN)    
5 Global Document Analysis Market Outlook, By Service (2017-2027) ($MN)    
6 Global Document Analysis Market Outlook, By Managed Services (2017-2027) ($MN)   
7 Global Document Analysis Market Outlook, By Professional Services (2017-2027) ($MN)   
8 Global Document Analysis Market Outlook, By Solution  (2017-2027) ($MN)    
9 Global Document Analysis Market Outlook, By Services (2017-2027) ($MN)    
10 Global Document Analysis Market Outlook, By Product (2017-2027) ($MN)    
11 Global Document Analysis Market Outlook, By Organization Size (2017-2027) ($MN)   
12 Global Document Analysis Market Outlook, By Small and Medium-Sized Enterprises (2017-2027) ($MN)  
13 Global Document Analysis Market Outlook, By Large Enterprises (2017-2027) ($MN)   
14 Global Document Analysis Market Outlook, By End User (2017-2027) ($MN)    
15 Global Document Analysis Market Outlook, By Transportation and Logistics (2017-2027) ($MN)  
16 Global Document Analysis Market Outlook, By Retail and eCommerce (2017-2027) ($MN)   
17 Global Document Analysis Market Outlook, By Manufacturing (2017-2027) ($MN)    
18 Global Document Analysis Market Outlook, By Healthcare and Life Sciences (2017-2027) ($MN)  
19 Global Document Analysis Market Outlook, By Government (2017-2027) ($MN)    
20 Global Document Analysis Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2017-2027) ($MN) 
21 Global Document Analysis Market Outlook, By Other End Users (2017-2027) ($MN)    
22 North America Document Analysis Market Outlook, By Region (2017-2027) ($MN)    
23 North America Document Analysis Market Outlook, By Deployment Type (2017-2027) ($MN)   
24 North America Document Analysis Market Outlook, By Cloud (2017-2027) ($MN)    
25 North America Document Analysis Market Outlook, By On-Premises (2017-2027) ($MN)   
26 North America Document Analysis Market Outlook, By Service (2017-2027) ($MN)    
27 North America Document Analysis Market Outlook, By Managed Services (2017-2027) ($MN)   
28 North America Document Analysis Market Outlook, By Professional Services (2017-2027) ($MN)  
29 North America Document Analysis Market Outlook, By Solution  (2017-2027) ($MN)    
30 North America Document Analysis Market Outlook, By Services (2017-2027) ($MN)    
31 North America Document Analysis Market Outlook, By Product (2017-2027) ($MN)    
32 North America Document Analysis Market Outlook, By Organization Size (2017-2027) ($MN)   
33 North America Document Analysis Market Outlook, By Small and Medium-Sized Enterprises (2017-2027) ($MN) 
34 North America Document Analysis Market Outlook, By Large Enterprises (2017-2027) ($MN)   
35 North America Document Analysis Market Outlook, By End User (2017-2027) ($MN)    
36 North America Document Analysis Market Outlook, By Transportation and Logistics (2017-2027) ($MN)  
37 North America Document Analysis Market Outlook, By Retail and eCommerce (2017-2027) ($MN)  
38 North America Document Analysis Market Outlook, By Manufacturing (2017-2027) ($MN)   
39 North America Document Analysis Market Outlook, By Healthcare and Life Sciences (2017-2027) ($MN)  
40 North America Document Analysis Market Outlook, By Government (2017-2027) ($MN)   
41 North America Document Analysis Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2017-2027) ($MN)
42 North America Document Analysis Market Outlook, By Other End Users (2017-2027) ($MN)   
43 Europe Document Analysis Market Outlook, By Region (2017-2027) ($MN)    
44 Europe Document Analysis Market Outlook, By Deployment Type (2017-2027) ($MN)   
45 Europe Document Analysis Market Outlook, By Cloud (2017-2027) ($MN)     
46 Europe Document Analysis Market Outlook, By On-Premises (2017-2027) ($MN)    
47 Europe Document Analysis Market Outlook, By Service (2017-2027) ($MN)    
48 Europe Document Analysis Market Outlook, By Managed Services (2017-2027) ($MN)   
49 Europe Document Analysis Market Outlook, By Professional Services (2017-2027) ($MN)   
50 Europe Document Analysis Market Outlook, By Solution  (2017-2027) ($MN)    
51 Europe Document Analysis Market Outlook, By Services (2017-2027) ($MN)    
52 Europe Document Analysis Market Outlook, By Product (2017-2027) ($MN)    
53 Europe Document Analysis Market Outlook, By Organization Size (2017-2027) ($MN)   
54 Europe Document Analysis Market Outlook, By Small and Medium-Sized Enterprises (2017-2027) ($MN)  
55 Europe Document Analysis Market Outlook, By Large Enterprises (2017-2027) ($MN)   
56 Europe Document Analysis Market Outlook, By End User (2017-2027) ($MN)    
57 Europe Document Analysis Market Outlook, By Transportation and Logistics (2017-2027) ($MN)  
58 Europe Document Analysis Market Outlook, By Retail and eCommerce (2017-2027) ($MN)   
59 Europe Document Analysis Market Outlook, By Manufacturing (2017-2027) ($MN)    
60 Europe Document Analysis Market Outlook, By Healthcare and Life Sciences (2017-2027) ($MN)  
61 Europe Document Analysis Market Outlook, By Government (2017-2027) ($MN)    
62 Europe Document Analysis Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2017-2027) ($MN) 
63 Europe Document Analysis Market Outlook, By Other End Users (2017-2027) ($MN)    
64 Asia Pacific Document Analysis Market Outlook, By Region (2017-2027) ($MN)    
65 Asia Pacific Document Analysis Market Outlook, By Deployment Type (2017-2027) ($MN)   
66 Asia Pacific Document Analysis Market Outlook, By Cloud (2017-2027) ($MN)    
67 Asia Pacific Document Analysis Market Outlook, By On-Premises (2017-2027) ($MN)   
68 Asia Pacific Document Analysis Market Outlook, By Service (2017-2027) ($MN)    
69 Asia Pacific Document Analysis Market Outlook, By Managed Services (2017-2027) ($MN)   
70 Asia Pacific Document Analysis Market Outlook, By Professional Services (2017-2027) ($MN)   
71 Asia Pacific Document Analysis Market Outlook, By Solution  (2017-2027) ($MN)    
72 Asia Pacific Document Analysis Market Outlook, By Services (2017-2027) ($MN)    
73 Asia Pacific Document Analysis Market Outlook, By Product (2017-2027) ($MN)    
74 Asia Pacific Document Analysis Market Outlook, By Organization Size (2017-2027) ($MN)   
75 Asia Pacific Document Analysis Market Outlook, By Small and Medium-Sized Enterprises (2017-2027) ($MN) 
76 Asia Pacific Document Analysis Market Outlook, By Large Enterprises (2017-2027) ($MN)   
77 Asia Pacific Document Analysis Market Outlook, By End User (2017-2027) ($MN)    
78 Asia Pacific Document Analysis Market Outlook, By Transportation and Logistics (2017-2027) ($MN)  
79 Asia Pacific Document Analysis Market Outlook, By Retail and eCommerce (2017-2027) ($MN)   
80 Asia Pacific Document Analysis Market Outlook, By Manufacturing (2017-2027) ($MN)   
81 Asia Pacific Document Analysis Market Outlook, By Healthcare and Life Sciences (2017-2027) ($MN)  
82 Asia Pacific Document Analysis Market Outlook, By Government (2017-2027) ($MN)   
83 Asia Pacific Document Analysis Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2017-2027) ($MN)
84 Asia Pacific Document Analysis Market Outlook, By Other End Users (2017-2027) ($MN)   
85 South America Document Analysis Market Outlook, By Region (2017-2027) ($MN)    
86 South America Document Analysis Market Outlook, By Deployment Type (2017-2027) ($MN)   
87 South America Document Analysis Market Outlook, By Cloud (2017-2027) ($MN)    
88 South America Document Analysis Market Outlook, By On-Premises (2017-2027) ($MN)   
89 South America Document Analysis Market Outlook, By Service (2017-2027) ($MN)    
90 South America Document Analysis Market Outlook, By Managed Services (2017-2027) ($MN)   
91 South America Document Analysis Market Outlook, By Professional Services (2017-2027) ($MN)  
92 South America Document Analysis Market Outlook, By Solution  (2017-2027) ($MN)    
93 South America Document Analysis Market Outlook, By Services (2017-2027) ($MN)    
94 South America Document Analysis Market Outlook, By Product (2017-2027) ($MN)    
95 South America Document Analysis Market Outlook, By Organization Size (2017-2027) ($MN)   
96 South America Document Analysis Market Outlook, By Small and Medium-Sized Enterprises (2017-2027) ($MN) 
97 South America Document Analysis Market Outlook, By Large Enterprises (2017-2027) ($MN)   
98 South America Document Analysis Market Outlook, By End User (2017-2027) ($MN)    
99 South America Document Analysis Market Outlook, By Transportation and Logistics (2017-2027) ($MN)  
100 South America Document Analysis Market Outlook, By Retail and eCommerce (2017-2027) ($MN)  
101 South America Document Analysis Market Outlook, By Manufacturing (2017-2027) ($MN)   
102 South America Document Analysis Market Outlook, By Healthcare and Life Sciences (2017-2027) ($MN)  
103 South America Document Analysis Market Outlook, By Government (2017-2027) ($MN)   
104 South America Document Analysis Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2017-2027) ($MN)
105 South America Document Analysis Market Outlook, By Other End Users (2017-2027) ($MN)   
106 Middle East & Africa Document Analysis Market Outlook, By Region (2017-2027) ($MN)   
107 Middle East & Africa Document Analysis Market Outlook, By Deployment Type (2017-2027) ($MN)  
108 Middle East & Africa Document Analysis Market Outlook, By Cloud (2017-2027) ($MN)   
109 Middle East & Africa Document Analysis Market Outlook, By On-Premises (2017-2027) ($MN)   
110 Middle East & Africa Document Analysis Market Outlook, By Service (2017-2027) ($MN)   
111 Middle East & Africa Document Analysis Market Outlook, By Managed Services (2017-2027) ($MN)  
112 Middle East & Africa Document Analysis Market Outlook, By Professional Services (2017-2027) ($MN)  
113 Middle East & Africa Document Analysis Market Outlook, By Solution  (2017-2027) ($MN)   
114 Middle East & Africa Document Analysis Market Outlook, By Services (2017-2027) ($MN)   
115 Middle East & Africa Document Analysis Market Outlook, By Product (2017-2027) ($MN)   
116 Middle East & Africa Document Analysis Market Outlook, By Organization Size (2017-2027) ($MN)  
117 Middle East & Africa Document Analysis Market Outlook, By Small and Medium-Sized Enterprises (2017-2027) ($MN)
118 Middle East & Africa Document Analysis Market Outlook, By Large Enterprises (2017-2027) ($MN)  
119 Middle East & Africa Document Analysis Market Outlook, By End User (2017-2027) ($MN)   
120 Middle East & Africa Document Analysis Market Outlook, By Transportation and Logistics (2017-2027) ($MN) 
121 Middle East & Africa Document Analysis Market Outlook, By Retail and eCommerce (2017-2027) ($MN)  
122 Middle East & Africa Document Analysis Market Outlook, By Manufacturing (2017-2027) ($MN)  
123 Middle East & Africa Document Analysis Market Outlook, By Healthcare and Life Sciences (2017-2027) ($MN) 
124 Middle East & Africa Document Analysis Market Outlook, By Government (2017-2027) ($MN)   
125 Middle East & Africa Document Analysis Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2017-2027) ($MN)
126 Middle East & Africa Document Analysis Market Outlook, By Other End Users (2017-2027) ($MN)  

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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