Meticulous Research®—a leading global market research company, published a research report titled, ‘Intelligent Document Processing Market by Offering (Solutions, Services), Deployment Mode (Cloud, On-premise), Technology (ML, Computer Vision, NLP, RPA, OCR), End Users (BFSI, Government & Public Sector, & Others) & Geography - Global Forecast to 2031.’

According to this latest publication from Meticulous Research®, the intelligent document processing market is projected to reach $9.18 billion by 2031, at a CAGR of 25.8% from 2024 to 2031. The growth of this market is driven by the rising inclination of enterprises towards digital transformation and the integration of AI for document processing. In addition, the increasing adoption of cloud-based solutions, increasing human-in-the-loop approach in intelligent document processing, and growing use of intelligent document processing for real-time applications are expected to offer significant growth opportunities for the stakeholders in the intelligent document processing market.

However, persistent issues in the processing of handwritten documents may restrain the market's growth. Furthermore, data security & privacy shortcomings of existing document processing solutions are expected to challenge the growth of the intelligent document processing market. Additionally, the integration of generative AI in intelligent document processing and the shift of enterprises from traditional data-storing methods to digital methods are the key trends in the intelligent document processing market.

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Key questions answered in the report:
• Which are the high-growth market segments in terms of offering, deployment mode, technology, and end users?
• What is the historical market size for intelligent document processing across the globe?
• What are the market forecasts and estimates for 2024–2031?
• What are the major drivers, restraints, opportunities, and challenges in the global intelligent document processing market?
• Who are the major players in the global intelligent document processing market, and what are their market shares?
• What is the competitive landscape like?
• What are the recent developments in the global intelligent document processing market?
• What are the different strategies adopted by the major players in the market?
• What are the geographic trends and high-growth countries?

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