The Europe Intelligent Document Processing Market would witness market growth of 28.2% CAGR during the forecast period (2021-2027).
Intelligent document processing enables improved human knowledge of unstructured data by using some data science tools such as optical character recognition, computer vision, machine learning, and natural language processing, in every step of document data integration. Intelligent document processing (IDP) is becoming popular because it offers extensive solutions to automate the process of data extraction, which was difficult to solve earlier.
Document Processing is quite popular term for several companies, which helps in various business functions that are performed on a daily basis for many years. The procedure of transforming the data of any document be it physical or electronic, into some actionable information or structured data that has some meaning is referred to as document processing. The tasks needed to perform document processing were manual & repetitive and owing to the enormous amount of data received, it becomes a labor-intensive process, which is generally less than rewarding for the workers.
Europe is the second leading region in the global intelligent document processing market. The increasing adoption of intelligent document processing solutions by the BFSI sector of Europe to improve the banking processes is bolstering the growth of the regional market. The high adoption of intelligent document processing solutions by companies across this region is augmenting the market growth.
In addition, some government regulations and compliances support the adoption of intelligent document processing solutions to ensure the safety of consumers’ sensitive data, which would fuel the growth of the regional intelligent document processing market. All these factors are collaboratively driving the growth of the intelligent document processing market in this region.
The Germany market dominated the Europe Cloud Intelligent Document Processing Market by Country 2020, thereby, achieving a market value of $132.1 million by 2027. The UK market is exhibiting a CAGR of 31.6% during (2021 - 2027). Additionally, The France market is anticipated to witness a CAGR of 33.6% during (2021 - 2027).
Based on Component, the market is segmented into Solution and Services. Based on Deployment Type, the market is segmented into On-premise and Cloud. Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into BFSI, Government & Defense, IT & Telecom, Healthcare, Manufacturing, Transportation & Logistics and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Intelligent Document Processing Market Size will Hit $4.1 Billion by 2027, at a CAGR of 29.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include OpenText Corporation, IBM Corporation, ABBYY Solutions Limited, Appian Corporation, Automation Anywhere, Inc., UiPath, Inc., WorkFusion, Inc., Datamatics Global Services Limited (Delta Infosolutions Private Limited), Deloitte Touche Tohmatsu Limited, and Kofax, Inc. (Thoma Bravo LLC).
Scope of the Study
Market Segments Covered in the Report:
By Component
By Deployment Type
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By End User
- BFSI
- Government & Defense
- IT & Telecom
- Healthcare
- Manufacturing
- Transportation & Logistics
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- OpenText Corporation
- IBM Corporation
- ABBYY Solutions Limited
- Appian Corporation
- Automation Anywhere, Inc.
- UiPath, Inc.
- WorkFusion, Inc.
- Datamatics Global Services Limited (Delta Infosolutions Private Limited)
- Deloitte Touche Tohmatsu Limited
- Kofax, Inc. (Thoma Bravo LLC)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Intelligent Document Processing Market, by Component
1.4.2 Europe Intelligent Document Processing Market, by Deployment Type
1.4.3 Europe Intelligent Document Processing Market, by Enterprise Size
1.4.4 Europe Intelligent Document Processing Market, by End User
1.4.5 Europe Intelligent Document Processing Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, May – 2021, May) Leading Players
Chapter 4. Europe Intelligent Document Processing Market by Component
4.1 Europe Intelligent Document Processing Solution Market by Country
4.2 Europe Intelligent Document Processing Services Market by Country
Chapter 5. Europe Intelligent Document Processing Market by Deployment Type
5.1 Europe On-premise Intelligent Document Processing Market by Country
5.2 Europe Cloud Intelligent Document Processing Market by Country
Chapter 6. Europe Intelligent Document Processing Market by Enterprise Size
6.1 Europe Large Enterprises Intelligent Document Processing Market by Country
6.2 Europe Small & Medium Enterprises Intelligent Document Processing Market by Country
Chapter 7. Europe Intelligent Document Processing Market by End User
7.1 Europe BFSI Intelligent Document Processing Market by Country
7.2 Europe Government & Defense Intelligent Document Processing Market by Country
7.3 Europe IT & Telecom Intelligent Document Processing Market by Country
7.4 Europe Healthcare Intelligent Document Processing Market by Country
7.5 Europe Manufacturing Intelligent Document Processing Market by Country
7.6 Europe Transportation & Logistics Intelligent Document Processing Market by Country
7.7 Europe Others Intelligent Document Processing Market by Country
Chapter 8. Europe Intelligent Document Processing Market by Country
8.1 Germany Intelligent Document Processing Market
8.1.1 Germany Intelligent Document Processing Market by Component
8.1.2 Germany Intelligent Document Processing Market by Deployment Type
8.1.3 Germany Intelligent Document Processing Market by Enterprise Size
8.1.4 Germany Intelligent Document Processing Market by End User
8.2 UK Intelligent Document Processing Market
8.2.1 UK Intelligent Document Processing Market by Component
8.2.2 UK Intelligent Document Processing Market by Deployment Type
8.2.3 UK Intelligent Document Processing Market by Enterprise Size
8.2.4 UK Intelligent Document Processing Market by End User
8.3 France Intelligent Document Processing Market
8.3.1 France Intelligent Document Processing Market by Component
8.3.2 France Intelligent Document Processing Market by Deployment Type
8.3.3 France Intelligent Document Processing Market by Enterprise Size
8.3.4 France Intelligent Document Processing Market by End User
8.4 Russia Intelligent Document Processing Market
8.4.1 Russia Intelligent Document Processing Market by Component
8.4.2 Russia Intelligent Document Processing Market by Deployment Type
8.4.3 Russia Intelligent Document Processing Market by Enterprise Size
8.4.4 Russia Intelligent Document Processing Market by End User
8.5 Spain Intelligent Document Processing Market
8.5.1 Spain Intelligent Document Processing Market by Component
8.5.2 Spain Intelligent Document Processing Market by Deployment Type
8.5.3 Spain Intelligent Document Processing Market by Enterprise Size
8.5.4 Spain Intelligent Document Processing Market by End User
8.6 Italy Intelligent Document Processing Market
8.6.1 Italy Intelligent Document Processing Market by Component
8.6.2 Italy Intelligent Document Processing Market by Deployment Type
8.6.3 Italy Intelligent Document Processing Market by Enterprise Size
8.6.4 Italy Intelligent Document Processing Market by End User
8.7 Rest of Europe Intelligent Document Processing Market
8.7.1 Rest of Europe Intelligent Document Processing Market by Component
8.7.2 Rest of Europe Intelligent Document Processing Market by Deployment Type
8.7.3 Rest of Europe Intelligent Document Processing Market by Enterprise Size
8.7.4 Rest of Europe Intelligent Document Processing Market by End User
Chapter 9. Company Profiles
9.1 OpenText Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 IBM Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Regional & Segmental Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Acquisition and Mergers:
9.2.5.2 Partnerships, Collaborations, and Agreements:
9.2.5.3 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 ABBYY Solutions Limited
9.3.1 Company Overview
9.3.2 Recent strategies and developments:
9.3.2.1 Acquisition and Mergers:
9.3.2.2 Partnerships, Collaborations, and Agreements:
9.3.2.3 Product Launches and Product Expansions:
9.4 Appian Corporation
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expense
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.4.5.2 Partnerships, Collaborations, and Agreements:
9.4.5.3 Product Launches and Product Expansions:
9.5 Automation Anywhere, Inc.
9.5.1 Company Overview
9.5.2 Recent strategies and developments:
9.5.2.1 Product Launches and Product Expansions:
9.6 UiPath, Inc.
9.6.1 Company Overview
9.6.2 Recent strategies and developments:
9.6.2.1 Acquisition and Mergers:
9.6.2.2 Partnerships, Collaborations, and Agreements:
9.6.2.3 Product Launches and Product Expansions:
9.7 WorkFusion, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and Product Expansions:
9.8 Datamatics Global Services Limited (Delta Infosolutions Private Limited)
9.8.1 Company Overview
9.8.2 Financial Analysis
9.8.3 Segmental and Regional Analysis
9.8.4 Recent strategies and developments:
9.8.4.1 Partnerships, Collaborations, and Agreements:
9.8.4.2 Product Launches and Product Expansions:
9.9 Deloitte Touche Tohmatsu Limited
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.9.4.2 Product Launches and Product Expansions:
9.10. Kofax, Inc. (Thoma Bravo LLC)
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Acquisition and Mergers:
9.10.2.2 Partnerships, Collaborations, and Agreements:
9.10.2.3 Product Launches and Product Expansions:
TABLE 1 Europe Intelligent Document Processing Market, 2017 - 2020, USD Million
TABLE 2 Europe Intelligent Document Processing Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Intelligent Document Processing Market
TABLE 4 Product Launches And Product Expansions– Intelligent Document Processing Market
TABLE 5 Acquisition and Mergers– Intelligent Document Processing Market
TABLE 6 Europe Intelligent Document Processing Market by Component, 2017 - 2020, USD Million
TABLE 7 Europe Intelligent Document Processing Market by Component, 2021 - 2027, USD Million
TABLE 8 Europe Intelligent Document Processing Solution Market by Country, 2017 - 2020, USD Million
TABLE 9 Europe Intelligent Document Processing Solution Market by Country, 2021 - 2027, USD Million
TABLE 10 Europe Intelligent Document Processing Services Market by Country, 2017 - 2020, USD Million
TABLE 11 Europe Intelligent Document Processing Services Market by Country, 2021 - 2027, USD Million
TABLE 12 Europe Intelligent Document Processing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 13 Europe Intelligent Document Processing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 14 Europe On-premise Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 15 Europe On-premise Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 16 Europe Cloud Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 17 Europe Cloud Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 18 Europe Intelligent Document Processing Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 19 Europe Intelligent Document Processing Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 20 Europe Large Enterprises Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 21 Europe Large Enterprises Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 22 Europe Small & Medium Enterprises Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 23 Europe Small & Medium Enterprises Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 24 Europe Intelligent Document Processing Market by End User, 2017 - 2020, USD Million
TABLE 25 Europe Intelligent Document Processing Market by End User, 2021 - 2027, USD Million
TABLE 26 Europe BFSI Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 27 Europe BFSI Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 28 Europe Government & Defense Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 29 Europe Government & Defense Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 30 Europe IT & Telecom Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 31 Europe IT & Telecom Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 32 Europe Healthcare Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 33 Europe Healthcare Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 34 Europe Manufacturing Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 35 Europe Manufacturing Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 36 Europe Transportation & Logistics Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 37 Europe Transportation & Logistics Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 38 Europe Others Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 39 Europe Others Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 40 Europe Intelligent Document Processing Market by Country, 2017 - 2020, USD Million
TABLE 41 Europe Intelligent Document Processing Market by Country, 2021 - 2027, USD Million
TABLE 42 Germany Intelligent Document Processing Market, 2017 - 2020, USD Million
TABLE 43 Germany Intelligent Document Processing Market, 2021 - 2027, USD Million
TABLE 44 Germany Intelligent Document Processing Market by Component, 2017 - 2020, USD Million
TABLE 45 Germany Intelligent Document Processing Market by Component, 2021 - 2027, USD Million
TABLE 46 Germany Intelligent Document Processing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 47 Germany Intelligent Document Processing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 48 Germany Intelligent Document Processing Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 49 Germany Intelligent Document Processing Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 50 Germany Intelligent Document Processing Market by End User, 2017 - 2020, USD Million
TABLE 51 Germany Intelligent Document Processing Market by End User, 2021 - 2027, USD Million
TABLE 52 UK Intelligent Document Processing Market, 2017 - 2020, USD Million
TABLE 53 UK Intelligent Document Processing Market, 2021 - 2027, USD Million
TABLE 54 UK Intelligent Document Processing Market by Component, 2017 - 2020, USD Million
TABLE 55 UK Intelligent Document Processing Market by Component, 2021 - 2027, USD Million
TABLE 56 UK Intelligent Document Processing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 57 UK Intelligent Document Processing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 58 UK Intelligent Document Processing Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 59 UK Intelligent Document Processing Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 60 UK Intelligent Document Processing Market by End User, 2017 - 2020, USD Million
TABLE 61 UK Intelligent Document Processing Market by End User, 2021 - 2027, USD Million
TABLE 62 France Intelligent Document Processing Market, 2017 - 2020, USD Million
TABLE 63 France Intelligent Document Processing Market, 2021 - 2027, USD Million
TABLE 64 France Intelligent Document Processing Market by Component, 2017 - 2020, USD Million
TABLE 65 France Intelligent Document Processing Market by Component, 2021 - 2027, USD Million
TABLE 66 France Intelligent Document Processing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 67 France Intelligent Document Processing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 68 France Intelligent Document Processing Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 69 France Intelligent Document Processing Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 70 France Intelligent Document Processing Market by End User, 2017 - 2020, USD Million
TABLE 71 France Intelligent Document Processing Market by End User, 2021 - 2027, USD Million
TABLE 72 Russia Intelligent Document Processing Market, 2017 - 2020, USD Million
TABLE 73 Russia Intelligent Document Processing Market, 2021 - 2027, USD Million
TABLE 74 Russia Intelligent Document Processing Market by Component, 2017 - 2020, USD Million
TABLE 75 Russia Intelligent Document Processing Market by Component, 2021 - 2027, USD Million
TABLE 76 Russia Intelligent Document Processing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 77 Russia Intelligent Document Processing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 78 Russia Intelligent Document Processing Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 79 Russia Intelligent Document Processing Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 80 Russia Intelligent Document Processing Market by End User, 2017 - 2020, USD Million
TABLE 81 Russia Intelligent Document Processing Market by End User, 2021 - 2027, USD Million
TABLE 82 Spain Intelligent Document Processing Market, 2017 - 2020, USD Million
TABLE 83 Spain Intelligent Document Processing Market, 2021 - 2027, USD Million
TABLE 84 Spain Intelligent Document Processing Market by Component, 2017 - 2020, USD Million
TABLE 85 Spain Intelligent Document Processing Market by Component, 2021 - 2027, USD Million
TABLE 86 Spain Intelligent Document Processing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 87 Spain Intelligent Document Processing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 88 Spain Intelligent Document Processing Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 89 Spain Intelligent Document Processing Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 90 Spain Intelligent Document Processing Market by End User, 2017 - 2020, USD Million
TABLE 91 Spain Intelligent Document Processing Market by End User, 2021 - 2027, USD Million
TABLE 92 Italy Intelligent Document Processing Market, 2017 - 2020, USD Million
TABLE 93 Italy Intelligent Document Processing Market, 2021 - 2027, USD Million
TABLE 94 Italy Intelligent Document Processing Market by Component, 2017 - 2020, USD Million
TABLE 95 Italy Intelligent Document Processing Market by Component, 2021 - 2027, USD Million
TABLE 96 Italy Intelligent Document Processing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 97 Italy Intelligent Document Processing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 98 Italy Intelligent Document Processing Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 99 Italy Intelligent Document Processing Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 100 Italy Intelligent Document Processing Market by End User, 2017 - 2020, USD Million
TABLE 101 Italy Intelligent Document Processing Market by End User, 2021 - 2027, USD Million
TABLE 102 Rest of Europe Intelligent Document Processing Market, 2017 - 2020, USD Million
TABLE 103 Rest of Europe Intelligent Document Processing Market, 2021 - 2027, USD Million
TABLE 104 Rest of Europe Intelligent Document Processing Market by Component, 2017 - 2020, USD Million
TABLE 105 Rest of Europe Intelligent Document Processing Market by Component, 2021 - 2027, USD Million
TABLE 106 Rest of Europe Intelligent Document Processing Market by Deployment Type, 2017 - 2020, USD Million
TABLE 107 Rest of Europe Intelligent Document Processing Market by Deployment Type, 2021 - 2027, USD Million
TABLE 108 Rest of Europe Intelligent Document Processing Market by Enterprise Size, 2017 - 2020, USD Million
TABLE 109 Rest of Europe Intelligent Document Processing Market by Enterprise Size, 2021 - 2027, USD Million
TABLE 110 Rest of Europe Intelligent Document Processing Market by End User, 2017 - 2020, USD Million
TABLE 111 Rest of Europe Intelligent Document Processing Market by End User, 2021 - 2027, USD Million
TABLE 112 Key Information – OpenText Corporation
TABLE 113 Key information – IBM Corporation
TABLE 114 Key Information – ABBYY Solutions Limited
TABLE 115 key information – Appian Corporation
TABLE 116 Key Information – Automation Anywhere, Inc.
TABLE 117 Key Information – UiPath, Inc.
TABLE 118 Key information – WorkFusion, Inc.
TABLE 119 Key information – DATAMATICS Global Services Limited
TABLE 120 Key information – Deloitte Touche Tohmatsu Limited
TABLE 121 Key Information – Kofax, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, May – 2021, May) Leading Players
FIG 5 Swot analysis: OpenText Corporation
FIG 6 Recent strategies and developments: IBM Corporation
FIG 7 Swot analysis: IBM Corporation
FIG 8 Recent strategies and developments: ABBYY Solutions Limited
FIG 9 Recent strategies and developments: Appian Corporation
FIG 10 Recent strategies and developments: UiPath, Inc.
FIG 11 Recent strategies and developments: Datamatics Global Services Limited
FIG 12 Recent strategies and developments: Deloitte Touche Tohmatsu Limited
FIG 13 Recent strategies and developments: Kofax, Inc.