The document capture software market report provides analysis for the period 2016 – 2026, wherein the period from 2018 to 2026 is the forecast and 2017 is the base year. The report covers all the major trends and technologies playing an influential role in the market’s growth over the forecast period. It also highlights the drivers, restraints, and opportunities for the analysis of market growth during the said period. The study provides a complete perspective on the evolution of the global document capture software market throughout the above mentioned forecast period in terms of revenue (US$ Mn).
The document capture software market is anticipated to witness significant growth during the forecast period owing to the rising demand for big data and analytics in many organizations. Big data technology is a new potential revenue generating source of organizations. Therefore, demand for document capture is booming in recent times and is anticipated to witness significant growth during the forecast period. C
urrently, the impact of this factor has been analyzed to be high, and can be expected to remain high during the forecast period. However, increasing usage of cloud based storage and processing has led to paramount concerns amongst organizations and users utilizing PaaS services to undertake their document capture and storage operations. Cloud/PaaS platform being relatively new is subject to numerous insider threats, account hijacking, malware injections, shared vulnerabilities, and data loss. The impact of this restraint is expected to be moderate in the next few years and would eventually become low by the beginning of next decade.
The document capture software market has been segmented in terms of deployment, enterprise, solution, end-use industry, and region. While considering deployment, the market has been segmented into cloud, on-premise and hybrid services. The global market by enterprise typecomprises ofsmall & medium enterprises (SME’s) and large enterprises. Thesolution segment of the document capture software market has been divided into multiple-capture, cognitive capture, mobile capture and others.
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