Market Overview:
The global document imaging market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for document imaging solutions from various end-user industries, such as government organizations, law firms, physician practices, educational institutions, and others. Additionally, the growing trend of cloud-based document imaging is also contributing to the growth of this market. However, lack of awareness about benefits offered by document imaging solutions and high implementation costs are some factors that may restrain the growth of this market during the forecast period.
Product Definition:
Document imaging is the process of converting physical documents into electronic images that can be stored, searched, and retrieved. The importance of document imaging lies in its ability to make information easily accessible and searchable, which can improve efficiency and workflow.
Cloud:
Cloud is a virtual space where information is stored and can be retrieved at any point of time. It helps in storing large amounts of data on digital platforms. The major advantage associated with cloud computing is that it offers greater flexibility to the users, as it allows them to store data on remote servers for later use.
On-Premises:
On-premises solutions are software and hardware based systems that are used to store, manage, process and deliver images. The on-premises solutions offer advantages such as easy integration with the existing IT infrastructure of an organization, high data security in case of a breach of security protocols and ease in terms of accessibility from any location.
Application Insights:
The others application segment dominated the global document imaging market in 2017, accounting for over 40.0% share of the overall revenue. The other applications include banking, legal and professional services organizations that need to maintain and preserve their client¢â‚¬â„¢s files for future reference. These organizations require efficient and cost-effective solutions to store their data that do not get affected by hardware or software failures or updates. Thus, they opt for cloud-based document imaging solution as it offers high storage capacity with a reliable infrastructure supporting multiple users at a time without affecting system performance or reliability.
The government organization application segment is expected to register the highest growth over the forecast period owing to increasing demand from various public sector bodies such as local authorities, states governments and central government departments across countries such as India, China Japan U.K., Germany etc.
Regional Analysis:
North America dominated the market in 2017. The growth of the region can be attributed to factors such as increasing adoption of cloud technology, high disposable income, and growing demand for legal services. Moreover, presence of major players in this region is also expected to drive regional market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing number of document imaging solutions providers and rising demand from government organizations for e-discovery services across countries such as India and China. In addition, rapid economic development coupled with increased spending on healthcare industry is further expected to fuel regional market expansion during the same period. ‘’ 18 U S Code Chapter 37 section 731 National Security Agency declassified a large volume documents which are now available publicly by using Document Imaging Technology (DIT).
Growth Factors:
- Increasing demand for document imaging in the healthcare sector to manage and store patient data records.
- Proliferation of digital documents and the need for organizations to manage and store these documents electronically.
- The increasing trend of paperless offices, which is driving the demand for document imaging solutions.
- The growing popularity of cloud-based document management solutions among small businesses and enterprises alike due to their low cost and easy deployment/use features 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Document Imaging Market Research Report
By Type
Cloud, On-Premises
By Application
Government Organization, Law Firms, Physician Practices, Educational Institutions, Others
By Companies
Fujitsu, Hewlett-Packard Company, Canon, Kodak Alaris, Xerox Corporation, Qorus Software, CBSL Group, Epson America, Aramex, Newgen Software Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Document Imaging Market Report Segments:
The global Document Imaging market is segmented on the basis of:
Types
Cloud, On-Premises
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Government Organization, Law Firms, Physician Practices, Educational Institutions, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Fujitsu
- Hewlett-Packard Company
- Canon
- Kodak Alaris
- Xerox Corporation
- Qorus Software
- CBSL Group
- Epson America
- Aramex
- Newgen Software Technologies
Highlights of The Document Imaging Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud
- On-Premises
- By Application:
- Government Organization
- Law Firms
- Physician Practices
- Educational Institutions
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Document Imaging Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Document imaging is the process of creating a digital image of a document. This can be done in several ways, including scanning the document into digital form, photographing it with a camera, or using an electronic scanner.
Some of the major players in the document imaging market are Fujitsu, Hewlett-Packard Company, Canon, Kodak Alaris, Xerox Corporation, Qorus Software, CBSL Group, Epson America, Aramex, Newgen Software Technologies.
The document imaging market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Document Imaging Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Document Imaging Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Document Imaging Market - Supply Chain
4.5. Global Document Imaging Market Forecast
4.5.1. Document Imaging Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Document Imaging Market Size (000 Units) and Y-o-Y Growth
4.5.3. Document Imaging Market Absolute $ Opportunity
5. Global Document Imaging Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Document Imaging Market Size and Volume Forecast by Type
5.3.1. Cloud
5.3.2. On-Premises
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Document Imaging Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Document Imaging Market Size and Volume Forecast by Application
6.3.1. Government Organization
6.3.2. Law Firms
6.3.3. Physician Practices
6.3.4. Educational Institutions
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Document Imaging Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Document Imaging Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Document Imaging Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Document Imaging Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Document Imaging Demand Share Forecast, 2019-2026
9. North America Document Imaging Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Document Imaging Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Document Imaging Market Size and Volume Forecast by Application
9.4.1. Government Organization
9.4.2. Law Firms
9.4.3. Physician Practices
9.4.4. Educational Institutions
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Document Imaging Market Size and Volume Forecast by Type
9.7.1. Cloud
9.7.2. On-Premises
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Document Imaging Demand Share Forecast, 2019-2026
10. Latin America Document Imaging Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Document Imaging Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Document Imaging Market Size and Volume Forecast by Application
10.4.1. Government Organization
10.4.2. Law Firms
10.4.3. Physician Practices
10.4.4. Educational Institutions
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Document Imaging Market Size and Volume Forecast by Type
10.7.1. Cloud
10.7.2. On-Premises
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Document Imaging Demand Share Forecast, 2019-2026
11. Europe Document Imaging Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Document Imaging Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Document Imaging Market Size and Volume Forecast by Application
11.4.1. Government Organization
11.4.2. Law Firms
11.4.3. Physician Practices
11.4.4. Educational Institutions
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Document Imaging Market Size and Volume Forecast by Type
11.7.1. Cloud
11.7.2. On-Premises
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projectins by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Document Imaging Demand Share, 2019-2026
12. Asia Pacific Document Imaging Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Document Imaging Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Document Imaging Market Size and Volume Forecast by Application
12.4.1. Government Organization
12.4.2. Law Firms
12.4.3. Physician Practices
12.4.4. Educational Institutions
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Document Imaging Market Size and Volume Forecast by Type
12.7.1. Cloud
12.7.2. On-Premises
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Document Imaging Demand Share, 2019-2026
13. Middle East & Africa Document Imaging Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Document Imaging Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Document Imaging Market Size and Volume Forecast by Application
13.4.1. Government Organization
13.4.2. Law Firms
13.4.3. Physician Practices
13.4.4. Educational Institutions
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Document Imaging Market Size and Volume Forecast by Type
13.7.1. Cloud
13.7.2. On-Premises
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Document Imaging Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Document Imaging Market: Market Share Analysis
14.2. Document Imaging Distributors and Customers
14.3. Document Imaging Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Fujitsu
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hewlett-Packard Company
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Canon
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Kodak Alaris
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Xerox Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Qorus Software
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. CBSL Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Epson America
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Aramex
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Newgen Software Technologies
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
