Intelligent Enterprise Data Capture Software Market Estimated to Expand at a 12% CAGR through 2029 | FMI Reports

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Intelligent Enterprise Data Capture Software
Market to Grow at CAGR of 12 through 2029 FMI

• March 2020

Report Id REP-GB-9098 Published On
24-June-2019 Category Electronics,
Semiconductors, and ICT
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Intelligent Enterprise Data Capture Software
Market Analysis
Future Market Insights (FMI) has recently
published a market research report, titled
"Intelligent Enterprise Data Capture Software
Market Global Industry Analysis 2014 2018 and
Opportunity Assessment 2019 2029." Intelligent
enterprise data capture software takes control
and accumulates a large volume of structured,
semi-structured, and unstructured data.
Intelligent enterprise data capture software
enables the rapid transformation of critical
business documents into business process-ready
digital content by using advanced recognition
technology. Intelligence enterprise data capture
software uses various technologies to capture all
kinds of data such as texts, pictures, printed
documents, and several others. The global
intelligent enterprise data capture software
market is likely to record a total incremental
opportunity of US 14 Bn during the forecast
period of 2019 to 2029. In the global intelligent
enterprise data capture software market report,
FMI has segmented the global intelligent
enterprise data capture software market by
product type, deployment, line of business,
industries, and region.
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Intelligent Enterprise Data Capture Software
Market Analysis
Growth of Enterprise Application Realm Favoring
Adoption Digitisation of industries across the
globe is increasing. Companies are moving from
traditional manufacturing to digital
manufacturing and adopting advanced technologies.
Increase in investments in industrial IoT
technology will bring about a significant change
in the near future. Intelligent enterprise data
capture software plays a crucial role in
industrial automation. Manufacturing,
construction, and other industries have witnessed
the rapid adoption of advanced technologies.
These factors are positively impacting the
intelligent enterprise data capture software
market. Due to the growth of industrialisation,
the overall enterprise application market has
witnessed significant growth in the past couple
of years. This is expected to have a cascading
effect on the intelligent enterprise data capture
software market. Intelligent enterprise data
capture software uses different types of
technologies such as optical character
recognition, intelligent document recognition,
and handwriting recognition. Optical character
recognition technology is used to convert
different types of machine-printed documents,
such as image files, PDF files, or scanned paper
documents, into searchable and editable data.
Intelligent document recognition technology helps
recognise and capture handwritten printed
characters from image files.
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Intelligent Enterprise Data Capture Software
Market Analysis
Handwriting recognition is the ability of a
mobile device or a computer to take as input
handwriting from sources such as printed physical
documents, pictures and other devices, or to use
handwriting as a direct input to a touchscreen
and then interpret this as text.
SMEs Emerging as Lucrative Targets for
Investors Advancements in the retail industry
have revolutionised the adoption of intelligent
enterprise data capture software components in
various developing as well as developed regions.
To meet the growing demand for error reduction
and improved accuracy in the East Asia and South
Asia regions, several intelligent enterprise data
capture software platform providers have started
investing in these regions. The established as
well as growing intelligent enterprise data
capture software platform providers should focus
on expanding their intelligent enterprise data
capture software businesses across untapped
developing country markets to enhance their
global intelligent enterprise data capture
software market share. In addition, it has been
observed that growing companies from various
sectors are investing significantly on next
generation data management solutions and business
analytics platforms.
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Intelligent Enterprise Data Capture Software
Market Analysis
Across the world, a growing number of small and
medium enterprises are becoming prominent targets
for the providers of intelligent enterprise data
capture software. Hence, East Asian and South
Asian markets are creating new business models
for intelligent enterprise data capture software
platform providers. Request for covid19 Impact
Analysis https//www.futuremarketinsights.com/cov
id19/rep-gb-11161 Competition Insights Key
players are focusing on increasing their market
shares in the intelligent enterprise data capture
software market by entering into joint ventures
and strategic partnerships with regional players.
In addition, major intelligent enterprise data
capture software market players are also
expanding their global presence via strategic
mergers and acquisitions. Some of the key players
in the global intelligent enterprise data capture
software market research report include Microsoft
Corporation, SAP SE, IBM Corporation, OpenText
Corporation, Oracle Corporation, Hyland Software,
Inc., Box, Newgen Software Technologies Limited,
M-Files, Oracle Corporation, and Nuxeo.
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Intelligent Enterprise Data Capture Software
Market Analysis

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  intelligence and consulting firm. We deliver
  syndicated research reports, custom research
  reports and consulting services which are
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  packaged solution, which combines current market
  intelligence, statistical anecdotes, technology
  inputs, valuable growth insights and an aerial
  view of the competitive framework and future
  market trends.

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Intelligent Enterprise Data Capture Software
Market Analysis
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