The market for Intelligent Document Processing is exploding at 70-80% annually over the next 2 years
The Intelligent Document Processing market is rapidly accelerating at 70-80% Compound Annual Growth Rate (CAGR) as enterprises seek to harness the power of AI to improve compliance, governance, and cost-efficiency of processing documents into data. The market size is over $1 billion in 2020, according to the Everest Group.
Some key findings including:
For more information, refer to the Everest Group Report: Intelligent Document Processing (IDP) Annual Report 2019 – Let AI Do the Reading