Document Imaging Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2029

 Following the paradigm shift of the business industry towards a paperless ecology, the global document imaging market will generate a revenue of US$70 billion in 2021. An automated document imaging solution that can provide secure printing and document imaging services. Recently, customers’ interest in all-in-one printers and mobile printing apps is rapidly increasing. Organizations seeking automation are primarily looking for automated supply and service fulfillment scanners.

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How has the COVID-19 crisis impacted sales of document imaging systems?The COVID-19 pandemic has had a significant impact on almost every area of ​​the global economy. The supply chain, the exchange and transfer of essential goods and services, and the distribution of various goods were all affected due to limited connectivity during the closure. Demand for imaging documentation will witness significant growth over the forecast period due to factors such as increasing adoption of online training and paperless processes in various sectors.

 

Key Facts – Document Imaging Market Research

  • Leverage integrated automation workflow technologies and document centralization to ensure timely delivery to stakeholders. The demand for document imaging software is increasing as users move from manual to automated workflows.
  • In terms of value, cloud-based deployments are identified as the preferred alternative.
  • Enterprises are accelerating the document imaging market growth by migrating from traditional server hosts to cloud hosts.
  • Software will create more than $70 billion in additional opportunities.
  • Sales of document imaging solutions are expected to be high in Western Europe and North America countries owing to the strong presence of market leaders.

In an effort to achieve superior levels of information security, collaboration and governance, businesses around the world are embracing the paperless transition. Document imaging has emerged as a reliable means of facilitating this transformation. Government agencies, educational institutions, law firms and many other industries are still major users of this technology.

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Cloud hosting software with infrastructure management services

Many businesses prefer cloud-hosted document imaging software to reduce hardware maintenance costs and complexity. Companies also choose vendors that offer features such as cloud hostage and maintenance services. Therefore, you can seize the opportunity to increase your customer base by providing these features and capabilities through document imaging software.

In November 2021, Xerox Corporation announced the release of its new ECi electronic automation software. This new integration cuts many back-office tasks from days to hours.

competitive landscape

Many major document imaging system manufacturers tend to invest heavily in product innovation to discover increased applications of document imaging. Using printing technology, suppliers seek to expand their partner base to accelerate their business transformation and growth goals.

  • Hewlett-Packard Company
  • Epson
  • Canon Co., Ltd.
  • Fujitsu Co., Ltd.
  • Toshiba Corporation
  • Newgen Software Technology Limited
  • Adobe Systems, Inc.
Document Imaging Market Research by CategoriesBy component:

 

  • document imaging software
  • document imaging hardware
    • scanner
    • printer
    • microfilm reader
    • Other

Distribution criteria:

  • On-premises document imaging
  • Cloud document imaging

 By end-user:

  • Agency
  • law firm
  • doctor’s practice
  • educational institution
  • Other

area:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East and Africa

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Key questions answered in the report

  • What is the value of the Global Document Imaging Market?
  • What are the top 5 countries with the highest demand for document imaging?

A more valuable insight into the Document Imaging Market

Future Market Insights presents historical data for 2014-2021 and forecast statistics for 2022-2029 to present an unbiased analysis of the global market of the global Document Imaging market. To understand the document imaging opportunities, the market is segmented on the basis of component (hardware, software), deployment (on-premises, cloud), and end-user (government agencies, law firms, physician practices, educational institutions, etc.). It spans 7 major regions.

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