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Adoption of Big Data and Analytics Will Likely Boost Growth in Document Capture Software Market

North America which consists of the U.S, Canada, and Rest of North America (Mexico, Caribbean, and Central America)was the dominant region in the document capture software market in 2017.


Albany, NY -- (SBWIRE) -- 06/22/2018 -- Need to manage structured and unstructured data by enterprises has led to adoption of document capture software. Use of big data is attributed to cause a surge in the growth of document capture software market. To evaluate the impact of recent trends and developments on document capture software market growth, Market Research Hub (MRH) has added a new report titled, 'Document Capture Software Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026', to its database.

Service providers in document capture software market are integrating resources to develop solutions that echo end-user demands such as streamlining and automation of operational workflow. Easy accessibility of data remains at the fore of efficient document capture software.

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In a recent development, leading player in document capture software market, Abbyy Software has rolled out Abbyy FineReader Engine 12 which essentially is a software development kit that enables precise data capture besides enhanced services in text recognition and PDF conversion for both cloud and on-premise software applications. It is aimed at providing a diverse array of software and services solutions that can mitigate the hazards associated with data escalation in enterprises. This new product offering is envisioned to strengthen Abbyy Software's growth chart in document capture software market.

Further, Epicor Software, a leading provider of enterprise software has launched DocStar Enterprise Management solution which provides document capture as a key feature besides other key functionalities such as searching, retrieving, and sharing documents. This novel addition envisions to fetch significant revenues in document capture software market.

Exhaustive research findings incorporated in the report present information about various segments. This section of the report highlights key segments in document capture software market which include, deployment, enterprise size, solution, and industry. Based on deployment, the document capture software market exhibits on-premise, cloud, and hybrid segments in document capture software market. On the basis of enterprise size, the document capture software market is fragmented as SMEs and large enterprises. Based on solution the capture software market is split as multiple-channel capture, cognitive capture, mobile capture, and others. Based on industry the document capture software market is sectioned as retail, banking, financial services & insurance, telecom & it, healthcare, transportation & logistics, energy, and others. Based on insights presented in the report, readers can identify the segment that is attributed as the maximum revenue generator in document capture software market, besides understanding the impact of the segments on the holistic growth of document capture software market.

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Besides segmentation, the report also highlights the regional segmentation of document capture software market. Based on region, the document capture software market is bifurcated as Europe, North America, South America, Asia-Pacific, and Middle-East and Africa. Detailed insights presented in the report enlighten readers about the impact of marketing strategies applied by leading players in various regions of document capture software market, and the impact of these strategies on the growth of document capture software market besides informing about the impact of these strategies on customer response in various regions.

Competitive Landscape of Document Capture Software Market

Exhaustive summary of research components highlighted in the report inform readers about the winning strategies incorporated by leading players and their corresponding impact on garnering favorable customer response and subsequent purchase decisions. New and existing market players can analyze these strategies to decipher effective insights that can guide their investment policies to fetch profits in document capture software market. Leading players in document capture software market are Abbyy Software, Adobe Systems Software Ltd., Artsyl Technologies, Inc, Canon, Inc., Capsys Technologies, LLC, and DocuLexInc (DocStar) among others.

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