Insights on the Document Imaging Global Market to 2027 - Featuring Aramex International, Canon and Epson America Among Others
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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