It is estimated that the intelligent document processing market size will grow by USD 3 billion by 2025.The market is projected to grow to 34 billion by 2027, according to Technavio. It is estimated that the market will grow at a CAGR of 29.3% during the forecast period.Sixty-nine percent. During the forecast period, the growth momentum will continue to progress. IDP software integration with machine learning is one of the key factors shaping the growth of the intelligent document processing market over the next few years. The use of data is an integral part of any organization's operations, decision-making processes, and, ultimately, the revenue and profits that they generate as a result.. Yet, despite the rapid digitization of documents, within electronic content management systems, there are massive volumes of unstructured data in the documents despite their rapid digitization. It is generally accepted that ML techniques are being used in enterprises for understanding the business consequences and implications of the context, which are trapped within documents, and attempting to make sense of the large amounts of digital information that are available.. It should be noted that Ephesoft, one of the leading IDP software vendors, has developed Ephesoft Insight, a machine learning ML document mining platform that can analyze files from content repositories on a large scale and extract business insights from them through the use of machine learning algorithms.. It is therefore expected that the integration of Ml with IDP software will have a positive impact on the growth of the Intelligent Document Processing Market over the forecast period. Request a sample report to learn more about the historic period (2017 to 2021) and forecast market size for the period (2023 to 2027).
 Request a sample report to learn more about the historic period (2017 to 2021) and forecast market size for the period (2023 to 2027).
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Intelligent Document Processing Market - Segmentation AssessmentSegment OverviewTechnavio has segmented the Intelligent Document Processing Market by component (Solution and Services), end-user (BFSI, Information and Telecommunication, Manufacturing, Healthcare, and Others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). 
An analysis of the geography of the world

Source prnewswire