The Intelligent Document Processing Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Intelligent Document Processing Market?
The market size of Intelligent Document Processing has seen dramatic growth recently. In 2024, the market was worth $2.29 billion and is forecasted to increase to $3.01 billion in 2025. The compound annual growth rate (CAGR) during this period is projected to be 31.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Intelligent Document Processing Industry?
The Intelligent Document Processing market is projected to reach a size of $9.56 billion in 2029, with a compound annual growth rate of 33.5%.
Download Your Free Sample of the 2025 Intelligent Document Processing Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Intelligent Document Processing Market?
The key drivers in the intelligent document processing market are:
• Increase in industry-specific requirements
• Advancements in cognitive automation and real-time processing
• Greater emphasis on cross-platform compatibility
• Enhanced data security measures in intelligent document processing
Global Market Segmentation: Identifying Major Intelligent Document Processing Industry Segments
The intelligent document processing market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment Model: Cloud, On Premise
3) By Technology: Natural Language Processing (NLP), Optical Character Recognition (OCR), Robotic Process Automation (RPA), Google Vision, Deep Learning (DL), Machine Learning (ML), Artificial Intelligence (AI)
4) By Organization Size: SMEs (Small And Medium Enterprises), Large Enterprises
5) By End Use Vertical: Banking, Finance Services, And Insurance (BFSI), Government, Healthcare, Retail, Manufacturing, Other End Use Verticals
Pre-order the 2025 Intelligent Document Processing Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Intelligent Document Processing Market?
The key trends in the intelligent document processing market are:
• Advancements in natural language processing (NLP) are emerging trends in the market.
• Hyperautomation integration is shaping the future of intelligent document processing.
• Integration with robotic process automation (RPA) is another trend to watch.
• Cloud-based IDP solutions and human-in-the-loop (HitL) systems are also significant upcoming trends.
Who Are the Top Competitors & Leading Players in the Intelligent Document Processing Market?
Major companies in the intelligent document processing market are:
• ABBYY Solutions Ltd.
• Datamatics Technologies Ltd.
• HCL Technologies Limited
• International Business Machines Corporation
• Kofax Inc.
• WorkFusion Inc.
• Deloitte Touche Tohmatsu Limited
• Hyland Software Inc.
• Infrrd Inc.
• Appian Corporation
• Parascript LLC
• Open Text Corporation
• Extract Systems
• Automation Anywhere Inc.
• UiPath Inc.
• Antworks Solutions India Private Limited
• Hyperscience
• Paanini Innovations India Private Limited
• EdgeVerve
• Adobe Systems Inc.
• Kodak Alaris
• Ephesoft Inc.
• Rossum Corporation
• Celonis SE
• Kryon Systems
• Docsumo
• Docparser
• DocuPhase
• DocStar
• DocuWare
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the intelligent document processing market in 2024
