Press release
Increasing Demand for Automated Workflow to Propel Document Imaging Market Growth
250 Pages Document Imaging Market Survey by Fact MR, A Leading Business and Competitive Intelligence ProviderICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
The report offers actionable and valuable market insights of Document Imaging. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Document Imaging Market across various industries and regions.
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The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Document Imaging market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Document Imaging
This newly published and insightful report sheds light on Market Insights of Document Imaging, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Document Imaging Market.
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Report Attributes Details
Market Value in 2021 US$ 90.54 Billion
Expected Market Value in 2022 US$ 103.03 Billion
Projected Market Value in 2032 US$ 336.7 Billion
Global Growth Rate (2022-2032) 12.6% CAGR
Growth Rate of the U.S (2022-2032) 12% CAGR
Market Value of China (2032) US$ 24.9 Billion
Key Companies Profiled
Hewlett-Packard Company
Epson
Canon Inc.
Fujitsu Ltd.
Toshiba Corporation
Newgen Software Technologies Limited
Adobe Systems Incorporated
Xerox Corporation
IBM Corporation
Eastman Kodak Company
As of 2021, the market for document imaging services reached US$ 90.54 Billion. Based on component, document imaging hardware are expected to yield US$ 143.3 Billion of the total revenue by 2032.
Competitive Landscape
Given the increased penetration of technological advancements in the technology domain, prominent document imaging service providers are incorporating the latest virtual technologies to introduce highly sophisticated applications. Besides, extensive R&D activities, collaborations and mergers & acquisitions constitute other expansion strategies of key players. Some notable developments are as follows:
In June 2019, Eastman Kodak Company, announced the availability of the KODAK SMILE instant digital printer and the KODAK SMILE instant print digital camera. It helps company to enhance their document imaging product pipeline.
In May 2019, Newgen Software Technologies Limited announced strategic alliance with Compliance Systems to develop an integrated solution that enables compliance in the lending space. Commercial and consumer loan origination solutions built on Newgen's business process management and enterprise content management platform.
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Key Segments Covered in Document Imaging Market Report
Document Imaging by Deployment
On-premise Document Imaging
Cloud Document Imaging
Document Imaging by Component
Document Imaging Software
Document Imaging Hardware
Scanners
Printers
Microfilm Readers
Others
Document Imaging by End Use
Document Imaging for Government Organizations
Document Imaging for Law Firms
Document Imaging for Physician Practices
Document Imaging for Educational Institutions
Document Imaging for Other End Uses
Document Imaging by Region
North America Document Imaging Market
Latin America Document Imaging Market
Europe Document Imaging Market
Asia Pacific Document Imaging Market
Middle East and Africa Document Imaging Market
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Key Question answered in the survey of Document Imaging market report:
Sales and Demand of Document Imaging
Growth of Document Imaging Market
Market Analysis of Document Imaging
Market Insights of Document Imaging
Key Drivers Impacting the Document Imaging market
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More Valuable Insights on Document Imaging Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Document Imaging, Sales and Demand of Document Imaging, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
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