PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1493134
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1493134
US Document Capture Software Market Size study, by Solution, By Enterprise Size, By Deployment, By Application Area, Forecasts 2022-2032
US Document Capture Software Market is valued approximately USD 2.06 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.73% over the forecast period 2024-2032. The U.S. Document Capture Software market offers a variety of software solutions aimed at digitizing and optimizing document-related operations like scanning, recognition, extraction, and management. This market is spurred by growing industry demands for streamlined document handling, particularly in sectors like finance, healthcare, legal, and manufacturing. Document Capture Software helps organizations convert paper documents into digital formats, automate data extraction, boost document accessibility, and optimize workflow efficiency. Through the growing trend towards digital transformation and the need for remote work capabilities, the adoption of Document Capture Software is expected to continue rising. As businesses seek to digitize their operations and reduce reliance on paper-based processes, the Document Capture Software market is poised for sustained growth in the coming years. This growth trend underscores the increasing importance and relevance of Document Capture Software in facilitating modern document management practices and driving organizational efficiency in the U.S. market.
The growing trend towards digital transformation across industries is a significant driver for the adoption of Document Capture Software. As businesses strive to modernize their operations and reduce reliance on paper-based processes, there is a heightened demand for solutions that can digitize, automate, and streamline document-centric workflows. Document Capture Software enables organizations to transition from manual, paper-based document handling to digital processes, improving efficiency, productivity, and data accessibility. With the increasing emphasis on digital transformation initiatives, fueled by factors such as remote work trends, regulatory compliance requirements, and the need for operational agility, the demand for Document Capture Software is expected to continue rising. Another driver for the adoption of Document Capture Software is the desire among organizations to enhance operational efficiency and achieve cost savings. By digitizing and automating document-intensive processes, businesses can streamline workflows, reduce manual errors, and accelerate document processing times. Document Capture Software also enables organizations to eliminate paper-based inefficiencies, such as document storage, retrieval, and distribution costs. However, data privacy and security concerns, on the other hand, will stifle market growth between 2022 and 2032.
Major market player included in this report are:
- Kofax Inc
- Adobe Inc.
- IBM Corporation
- Hyland Software, Inc.
- Nuance Communications, Inc.
- DocuWare Corporation
- Ephesoft Inc.
- ABBYY USA Software House, Inc.
- Company 9
- Company 10
The detailed segments and sub-segment of the market are explained below:
By Solution
- Multiple-channel Capture
- Cognitive Capture
- Mobile Capture
By Enterprise Size
- Small & Medium Enterprises
- Large Enterprises
By Deployment
- On-Premise
- Cloud-Based
By Application Area
- Retail
- Banking
- BFSI
- Healthcare
- IT
- Telecom
- Government
- Other
Years considered for the study are as follows:
- Historical year - 2022
- Base year - 2023
- Forecast period - 2024 to 2032
Key Takeaways:
- Market Estimates & Forecast for 10 years from 2022 to 2032.
- Annualized revenues and Country level analysis for each market segment.
- Detailed analysis of geographical landscape with Country level analysis of major regions.
- Competitive landscape with information on major players in the market.
- Analysis of key business strategies and recommendations on future market approach.
- Analysis of competitive structure of the market.
- Demand side and supply side analysis of the market
Table of Contents
Chapter 1. US Document Capture Software Market Definition and Research Assumptions
- 1.1. Research Objective
- 1.2. Market Definition
- 1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
- 1.3.3.1. Availability
- 1.3.3.2. Infrastructure
- 1.3.3.3. Regulatory Environment
- 1.3.3.4. Market Competition
- 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
- 1.3.4.1. Regulatory frameworks
- 1.3.4.2. Technological Advancements
- 1.3.4.3. Environmental Considerations
- 1.3.4.4. Consumer Awareness & Acceptance
- 1.4. Estimation Methodology
- 1.5. Years Considered for the Study
- 1.6. Currency Conversion Rates
Chapter 2. Executive Summary
- 2.1. US Document Capture Software Market Size & Forecast (2022- 2032)
- 2.2. Segmental Summary
- 2.2.1. By Solution
- 2.2.2. By Enterprise Size
- 2.2.3. By Deployment
- 2.2.4. By Application area
- 2.3. Key Trends
- 2.4. Recession Impact
- 2.5. Analyst Recommendation & Conclusion
Chapter 3. US Document Capture Software Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Challenges
- 3.3. Market Opportunities
Chapter 4. US Document Capture Software Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
- 4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
- 4.3. Top investment opportunity
- 4.4. Top winning strategies
- 4.5. Disruptive Trends
- 4.6. Industry Expert Perspective
- 4.7. Analyst Recommendation & Conclusion
Chapter 5. U.S Document Capture Software Market Size & Forecasts by Solution 2022-2032
- 5.1. Multiple-channel Capture
- 5.2. Cognitive Capture
- 5.3. Mobile Capture
Chapter 6. U.S. Document Capture Software Market Size & Forecasts by Enterprise Size 2022-2032
- 6.1. Small & Medium Enterprises
- 6.2. Large Enterprises
Chapter 7. U.S. Document Capture Software Market Size & Forecasts by Deployment 2022-2032
- 7.1. On-Premise
- 7.2. Cloud-Based
Chapter 8. U.S. Document Capture Software Market Size & Forecasts by Application Area 2022-2032
- 8.1. Retail
- 8.2. Banking
- 8.3. BFSI
- 8.4. Healthcare
- 8.5. IT
- 8.6. Telecom
- 8.7. Government
- 8.8. Other
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Kofax Inc
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Market Strategies
- 9.3.2. Adobe Inc.
- 9.3.3. IBM Corporation
- 9.3.4. Hyland Software, Inc.
- 9.3.5. Nuance Communications, Inc.
- 9.3.6. DocuWare Corporation
- 9.3.7. Ephesoft Inc.
- 9.3.8. ABBYY USA Software House, Inc.
- 9.3.1. Kofax Inc
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
LIST OF TABLES
- TABLE 1. US Document Capture Software market, report scope
- TABLE 2. US Document Capture Software market estimates & forecasts by Solution 2022-2032 (USD Billion)
- TABLE 3. US Document Capture Software market estimates & forecasts by Enterprise Size 2022-2032 (USD Billion)
- TABLE 4. US Document Capture Software market estimates & forecasts by Deployment 2022-2032 (USD Billion)
- TABLE 5. US Document Capture Software market estimates & forecasts by Application Area 2022-2032 (USD Billion)
- TABLE 6. US Document Capture Software market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 7. US Document Capture Software market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 8. US Document Capture Software market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 9. US Document Capture Software market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 10. US Document Capture Software market by segment, estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 11. U.S. Document Capture Software market estimates & forecasts, 2022-2032 (USD Billion)
- TABLE 12. U.S. Document Capture Software market estimates & forecasts by segment 2022-2032 (USD Billion)
- TABLE 13. U.S. Document Capture Software market estimates & forecasts by segment 2022-2032 (USD Billion)
- TABLE 14. List of secondary sources, used in the study of US Document Capture Software Market.
- TABLE 15. List of primary sources, used in the study of US Document Capture Software Market.
- TABLE 16. Years considered for the study.
- TABLE 17. Exchange rates considered
LIST OF FIGURES
- FIG 1. US Document Capture Software market, research methodology
- FIG 2. US Document Capture Software market, market estimation techniques
- FIG 3. US market size estimates & forecast methods.
- FIG 4. US Document Capture Software market, key trends 2023
- FIG 5. US Document Capture Software market, growth prospects 2022-2032
- FIG 6. US Document Capture Software market, porters 5 force model
- FIG 7. US Document Capture Software market, pestel analysis
- FIG 8. US Document Capture Software market, value chain analysis
- FIG 9. US Document Capture Software market by segment, 2022 & 2032 (USD Billion)
- FIG 10. US Document Capture Software market by segment, 2022 & 2032 (USD Billion)
- FIG 11. US Document Capture Software market by segment, 2022 & 2032 (USD Billion)
- FIG 12. US Document Capture Software market by segment, 2022 & 2032 (USD Billion)
- FIG 13. US Document Capture Software market by segment, 2022 & 2032 (USD Billion)
- FIG 14. US Document Capture Software market, company market share analysis (2023)
