Dublin, Jan. 05, 2021 (GLOBE NEWSWIRE) -- The "Document Imaging - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 6th edition of this report. The 291-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Document Imaging Market to Reach $142.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Document Imaging estimated at US$60 Billion in the year 2020, is projected to reach a revised size of US$142.7 Billion by 2027, growing at a CAGR of 13.2% over the period 2020-2027.
Cloud, one of the segments analyzed in the report, is projected to record 13.5% CAGR and reach US$65.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the On-Premises segment is readjusted to a revised 12.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $17.7 Billion, While China is Forecast to Grow at 12.7% CAGR
The Document Imaging market in the U.S. is estimated at US$17.7 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$24.9 Billion by the year 2027 trailing a CAGR of 12.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.7% and 11.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.6% CAGR.
Competitors identified in this market include, among others:
- Aramex International LLC
- Canon, Inc.
- Capital Business Systems Pvt. Ltd.
- Eastman Kodak Company
- Epson America Inc.
- Fujitsu Ltd.
- HP, Inc.
- Newgen Software Technologies Limited
- Qorus Software (Pty) Ltd.
- Xerox Corporation
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Document Imaging Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 44
For more information about this report visit https://www.researchandmarkets.com/r/kb207g
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