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Intelligent Document Processing Market Size To Grow By USD 3,342.6 Million From 2022 To 2027; Growing Use Of Big Data Analytics Drives The Market- Technavio

By PR Newswire

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NEW YORK, July 5, 2023 /PRNewswire/ -- The intelligent document processing market size is estimated to grow by USD 3,342.6 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 29.69%. The growth momentum will progress during the forecast period. North America is estimated to account for 38% of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America has the largest market share in the intelligent document processing market as enterprises in the region are tech-oriented and have invested in technologies such as business process management software and IDP software solutions to digitize their workflows. Moreover, IDP software is one of the key technologies that enterprises invest in to digitize their paper-based processes around most of the operating segments, including finance, human resource, operations, and marketing. Companies are experiencing a fast return on investment (ROI) on document capture software implementations and enhancing profitability. Therefore, such advantages are anticipated to boost the intelligent document processing market growth in the region during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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Intelligent Document Processing Market - Segmentation Assessment

Segment Overview

Technavio has segmented the market based on component (Solution and Services), end-user (BFSI, IT and telecom, Manufacturing, Healthcare, and Others), and geography (North America, Europe, APAC, South America, and Middle East and Africa). 

  • The market share growth by the solution segment will be significant during the forecast period. due to its ability to automate document processing tasks, streamline workflow, and improve accuracy, there is a rise in demand for the solutions segment of the global intelligent document processing market. Businesses are facing challenges in processing and managing data efficiently due to an increasing amount of data generated every day, leading to high demand for IDP solutions. The major advantages of IDP software include the ability to process unstructured data, decrease the time required to process large amounts of data and eliminate errors caused by human intervention. Hence, as a result, there is an increase in adoption in industries across healthcare, finance, legal, and insurance. For instance, in the healthcare industry, there are wide applications of IDP solutions as they are being used to streamline the processing of medical records, insurance claims, and patient information. Therefore, such advantages are anticipated to fuel the growth of this segment which in turn will drive the intelligent document processing market growth during the forecast period.

Insights on the market contribution of various segments, including country and region wise, historic data (2017 to 2021), and forecast market size (2023 to 2027) - Download a Sample Report

Intelligent Document Processing Market – Market Dynamics

Key factor driving market growth

The growing use of big data analytics is one of the key factors driving the intelligent document processing market growth. Increasing adoption of big data analytics among enterprises delivers many business advantages, including enhancing customer service and operational efficiency, developing effective marketing strategies, recognizing new revenue opportunities, and achieving competitive advantages over its competitors. As multiple enterprises generate structured, unstructured, and semi-structured data, it can be directly incorporated with the analytics solution. Therefore, this data can be harnessed and interpreted using IDP software solutions after digitization.  Moreover, with the support of IDP software solutions, it allows organizations to utilize the information stored in physical documents with the help of digital transformation. Therefore, the rising use of big data analytics is directing to an upsurge in demand for IDP software solutions which will fuel the growth of the Intelligent Document Processing (IDP) Market focus during the forecast period.

Leading trends influencing the market 

The integration of IDP software with ML is the key factor shaping intelligent document processing market growth. Data is an integral part of any organization in their enterprise operations, decision-making process, and, ultimately, their revenues and profits. Nevertheless, despite the rapid digitization of documents, within electronic content management systems, there are massive volumes of unstructured data in the documents. Generally, ML techniques are used in enterprises to understand the business effects and implications of the context, which are trapped within documents, and make sense out of the huge volumes of digital clutter. For example,  one of the IDP software vendors, Ephesoft, has launched Ephesoft Insight, an ML document mining platform that can analyze files from content repositories on a large scale and extract business insights from them. Thus, the integration of Ml with IDP software will have a favorable impact on the growth of the Intelligent Document Processing Market during the forecast period.

Major challenges hindering the market growth

The key challenges hindering market growth are the risks of data theft and cyberattacks. Digitized data and online documents contain highly confidential data of different companies and industries such as BFSI. The BFSI sector includes the personal and financial data of consumers, such as their names, addresses, social security numbers, credit histories, and other sensitive information. Thus, these data are mostly prone to cyber risk or data breaches as these documents are available online, either on the cloud or in the on-premise database. Hence, cybersecurity and privacy concerns pose a major threat to the adoption of document management systems, which include IDP software. Consequently, the mismanagement of digital content captured using IDP software augments the vulnerability to cyberattacks which can direct in a reduction in brand loyalty, expensive lawsuits, and expensive insurance claims. and can adversely impact the IDP Market during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021) and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Intelligent Document Processing Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the Intelligent document processing market between 2023 and 2027
  • Precise estimation of the size of the intelligent document processing market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behaviour
  • Growth of the intelligent document processing market across North America, Europe, APAC, South America, and the Middle East and Africa
  • A thorough analysis of the market's competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of intelligent document processing market vendors

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Intelligent Document Processing Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 29.69%

Market growth 2023-2027

USD 3,342.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

29.19

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ABBYY Solutions Ltd., Adobe Inc., Alphabet Inc., Amazon.com Inc., Automation Anywhere Inc., Capgemini Service SAS, Celaton Ltd., DATAMARK Inc., Datamatics Global Services Ltd., Dell Technologies Inc., International Business Machines Corp., Kofax Inc., Lexmark International Inc., M Files, Microsoft Corp., Open Text Corp., SAP SE, SS and C Technologies Holdings Inc., UiPath Inc., and WorkFusion Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of contents

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022 
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global intelligent document processing market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on global intelligent document processing market 2017 - 2021 ($ million)
  • 4.2 Component Segment Analysis 2017 - 2021
    • Exhibit 19: Historic Market Size – Component Segment 2017 - 2021 ($ million)
  • 4.3 End-user Segment Analysis 2017 - 2021
    • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 - 2021
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 - 2021
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Component

  • 6.1 Market segments 
    • Exhibit 30: Chart on Component - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Component - Market share 2022-2027 (%)
  • 6.2 Comparison by Component 
    • Exhibit 32: Chart on Comparison by Component
    • Exhibit 33: Data Table on Comparison by Component
  • 6.3 Solution - Market size and forecast 2022-2027
    • Exhibit 34: Chart on Solution - Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Solution - Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Solution - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Solution - Year-over-year growth 2022-2027 (%)
  • 6.4 Services - Market size and forecast 2022-2027
    • Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Component 
    • Exhibit 42: Market opportunity by Component ($ million)
    • Exhibit 43: Data Table on Market opportunity by Component ($ million)

7 Market Segmentation by End-user

  • 7.1 Market segments 
    • Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 46: Chart on Comparison by End-user
    • Exhibit 47: Data Table on Comparison by End-user
  • 7.3 BFSI - Market size and forecast 2022-2027
    • Exhibit 48: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
    • Exhibit 49: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
    • Exhibit 50: Chart on BFSI - Year-over-year growth 2022-2027 (%)
    • Exhibit 51: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
  • 7.4 IT and telecom - Market size and forecast 2022-2027
    • Exhibit 52: Chart on IT and telecom - Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Data Table on IT and telecom - Market size and forecast 2022-2027 ($ million)
    • Exhibit 54: Chart on IT and telecom - Year-over-year growth 2022-2027 (%)
    • Exhibit 55: Data Table on IT and telecom - Year-over-year growth 2022-2027 (%)
  • 7.5 Manufacturing - Market size and forecast 2022-2027
    • Exhibit 56: Chart on Manufacturing - Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ million)
    • Exhibit 58: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
    • Exhibit 59: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
  • 7.6 Healthcare - Market size and forecast 2022-2027
    • Exhibit 60: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
    • Exhibit 62: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
    • Exhibit 63: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
  • 7.7 Others - Market size and forecast 2022-2027
    • Exhibit 64: Chart on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 65: Data Table on Others - Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Chart on Others - Year-over-year growth 2022-2027 (%)
    • Exhibit 67: Data Table on Others - Year-over-year growth 2022-2027 (%)
  • 7.8 Market opportunity by End-user 
    • Exhibit 68: Market opportunity by End-user ($ million)
    • Exhibit 69: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 71: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 72: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 73: Chart on Geographic comparison
    • Exhibit 74: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027
    • Exhibit 75: Chart on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 76: Data Table on North America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 77: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 78: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027
    • Exhibit 79: Chart on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 80: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
    • Exhibit 81: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 82: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 APAC - Market size and forecast 2022-2027
    • Exhibit 83: Chart on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 84: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
    • Exhibit 85: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 86: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027
    • Exhibit 87: Chart on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 88: Data Table on South America - Market size and forecast 2022-2027 ($ million)
    • Exhibit 89: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 90: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 91: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 92: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
    • Exhibit 93: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 94: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027
    • Exhibit 95: Chart on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 96: Data Table on US - Market size and forecast 2022-2027 ($ million)
    • Exhibit 97: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 98: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 Germany - Market size and forecast 2022-2027
    • Exhibit 99: Chart on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 100: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
    • Exhibit 101: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 102: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.10 China - Market size and forecast 2022-2027
    • Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
    • Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.11 France - Market size and forecast 2022-2027
    • Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($ million)
    • Exhibit 108: Data Table on France - Market size and forecast 2022-2027 ($ million)
    • Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%)
    • Exhibit 110: Data Table on France - Year-over-year growth 2022-2027 (%)
  • 9.12 Japan - Market size and forecast 2022-2027
    • Exhibit 111: Chart on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 112: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
    • Exhibit 113: Chart on Japan - Year-over-year growth 2022-2027 (%)
    • Exhibit 114: Data Table on Japan - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 115: Market opportunity by geography ($ million)
    • Exhibit 116: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers 
  • 10.2 Market challenges 
  • 10.3 Impact of drivers and challenges 
    • Exhibit 117: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends 

11 Vendor Landscape

  • 11.1 Overview 
  • 11.2 Vendor landscape 
    • Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 119: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 120: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 121: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 122: Matrix on vendor position and classification
  • 12.3 ABBYY Solutions Ltd. 
    • Exhibit 123: ABBYY Solutions Ltd. - Overview
    • Exhibit 124: ABBYY Solutions Ltd. - Product / Service
    • Exhibit 125: ABBYY Solutions Ltd. - Key offerings
  • 12.4 Adobe Inc. 
    • Exhibit 126: Adobe Inc. - Overview
    • Exhibit 127: Adobe Inc. - Business segments
    • Exhibit 128: Adobe Inc. - Key offerings
    • Exhibit 129: Adobe Inc. - Segment focus
  • 12.5 Alphabet Inc. 
    • Exhibit 130: Alphabet Inc. - Overview
    • Exhibit 131: Alphabet Inc. - Business segments
    • Exhibit 132: Alphabet Inc. - Key news
    • Exhibit 133: Alphabet Inc. - Key offerings
    • Exhibit 134: Alphabet Inc. - Segment focus
  • 12.6 Amazon.com Inc. 
    • Exhibit 135: Amazon.com Inc. - Overview
    • Exhibit 136: Amazon.com Inc. - Business segments
    • Exhibit 137: Amazon.com Inc. - Key news
    • Exhibit 138: Amazon.com Inc. - Key offerings
    • Exhibit 139: Amazon.com Inc. - Segment focus
  • 12.7 Capgemini Service SAS 
    • Exhibit 140: Capgemini Service SAS - Overview
    • Exhibit 141: Capgemini Service SAS - Business segments
    • Exhibit 142: Capgemini Service SAS - Key news
    • Exhibit 143: Capgemini Service SAS - Key offerings
    • Exhibit 144: Capgemini Service SAS - Segment focus
  • 12.8 Celaton Ltd. 
    • Exhibit 145: Celaton Ltd. - Overview
    • Exhibit 146: Celaton Ltd. - Product / Service
    • Exhibit 147: Celaton Ltd. - Key offerings
  • 12.9 DATAMARK Inc. 
    • Exhibit 148: DATAMARK Inc. - Overview
    • Exhibit 149: DATAMARK Inc. - Product / Service
    • Exhibit 150: DATAMARK Inc. - Key offerings
  • 12.10 Datamatics Global Services Ltd. 
    • Exhibit 151: Datamatics Global Services Ltd. - Overview
    • Exhibit 152: Datamatics Global Services Ltd. - Key offerings
  • 12.11 Dell Technologies Inc. 
    • Exhibit 153: Dell Technologies Inc. - Overview
    • Exhibit 154: Dell Technologies Inc. - Business segments
    • Exhibit 155: Dell Technologies Inc. - Key offerings
    • Exhibit 156: Dell Technologies Inc. - Segment focus
  • 12.12 International Business Machines Corp.
    • Exhibit 157: International Business Machines Corp. - Overview
    • Exhibit 158: International Business Machines Corp. - Business segments
    • Exhibit 159: International Business Machines Corp. - Key news
    • Exhibit 160: International Business Machines Corp. - Key offerings
    • Exhibit 161: International Business Machines Corp. - Segment focus
  • 12.13 Kofax Inc. 
    • Exhibit 162: Kofax Inc. - Overview
    • Exhibit 163: Kofax Inc. - Product / Service
    • Exhibit 164: Kofax Inc. - Key offerings
  • 12.14 Microsoft Corp. 
    • Exhibit 165: Microsoft Corp. - Overview
    • Exhibit 166: Microsoft Corp. - Business segments
    • Exhibit 167: Microsoft Corp. - Key news
    • Exhibit 168: Microsoft Corp. - Key offerings
    • Exhibit 169: Microsoft Corp. - Segment focus
  • 12.15 SAP SE 
    • Exhibit 170: SAP SE - Overview
    • Exhibit 171: SAP SE - Business segments
    • Exhibit 172: SAP SE - Key news
    • Exhibit 173: SAP SE - Key offerings
    • Exhibit 174: SAP SE - Segment focus
  • 12.16 SS and C Technologies Holdings Inc.
    • Exhibit 175: SS and C Technologies Holdings Inc. - Overview
    • Exhibit 176: SS and C Technologies Holdings Inc. - Product / Service
    • Exhibit 177: SS and C Technologies Holdings Inc. - Key news
    • Exhibit 178: SS and C Technologies Holdings Inc. - Key offerings
  • 12.17 UiPath Inc. 
    • Exhibit 179: UiPath Inc. - Overview
    • Exhibit 180: UiPath Inc. - Product / Service
    • Exhibit 181: UiPath Inc. - Key offerings

13 Appendix

  • 13.1 Scope of the report 
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 182: Inclusions checklist
    • Exhibit 183: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 184: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 185: Research methodology
    • Exhibit 186: Validation techniques employed for market sizing
    • Exhibit 187: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 188: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio

First published on Thu, Jul 6, 2023

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