Intelligent Document Processing (IDP) is a process of automatically capturing structured, semi-structured, and unstructured data from various types of documents, including word files, emails, PDFs, scanned documents, and such others to streamline document processing workflows within organizations. An IDP solution classifies the document type, extracts relevant information from the documents, and then exports this data to the business workflows that can be leveraged by teams to achieve their organizational goals. An IDP platform utilizes technologies, such as AI, deep learning, computer vision, and Natural Language Processing (NLP) for capturing, classifying, and extracting data. IDP solutions help organizations automate business processes and improve overall operational efficiency and productivity.

The global Intelligent Document Processing (IDP) market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market in various geographical regions. This research provides strategic information for technology vendors to better understand the market supporting their growth strategies and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.

Quadrant Knowledge Solutions IDP market research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading vendors with a global impact. The positioning is based on the vendors’ performance in various performance parameters on the categories of Technology Excellence and Customer Impact. The Intelligent Document Processing SPARK Matrix includes analysis of the leading vendors, including ABBYY, AntWorks, Automation Anywhere, BIS, Datamatics, Ephesoft, Evolution AI, HCL Technologies, Hyperscience, Infrrd, Kofax, OpenText, Parascript, Rossum, UST SmartOps, and WorkFusion.

2020 Intelligent Document Processing (IDP) SPARK Matrix
Source: Quadrant Knowledge Solutions


202SPARK Matrix Intelligent Document Processing IDP Quadrant Knowledge Solutions


Table of Contents

Executive Overview

  • Key Research Findings

Market Overview and Technology Trends

Factors Influencing Technology Development and Market Growth

Market Adoption Trends

Regional Trends and Forecasts

Competition Landscape and Analysis 

  • Competitive Overview and Analysis
  • Key Competitive Factors and Technology Differentiators

SPARK Matrix™: Intelligent Document Processing (IDP) Market

Vendor Profiles

Research Methodologies

Custom Research Service

Our custom research service is designed to meet the client’s specific requirements by providing customized in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic for helping companies successfully address business challenges. Our team of experienced consultants can help you in achieving short-term and long-term business goals in the following ways:

  • Detailed understanding of the industry structure, market participants, and value chain mapping
  • Business potential and opportunities of target markets, economies, and industries
  • Strategic planning and tactical opportunities
  • Go to market strategies