QKS Group’s Intelligent Document Processing (IDP) market research provides an extensive assessment of the global IDP landscape, covering emerging technologies, shifting market trends, and the future direction of the industry. The study delivers valuable strategic insights enabling technology vendors to better navigate the evolving market environment and refine their growth strategies. It also helps enterprises evaluate the capabilities, competitive strengths, and market positioning of leading IDP solution providers.
The report features a comprehensive competitive landscape review and vendor analysis using QKS Group’s proprietary SPARK Matrix framework. The SPARK Matrix benchmarks and ranks top IDP vendors based on technology excellence and customer impact. This year’s analysis includes key players such as ABBYY, AntWorks, Appian, Automation Anywhere, Datamatics, EdgeVerve, EXL, HCL Technologies, Hyland, Hyperscience, Infrrd, Instabase, Iron Mountain, KnowledgeLake, Kodak Alaris, Microsoft, Nividous, OpenBots, OpenText, Parashift AG, Roots, Rossum, Tungsten Automation, UiPath, UST, and Visionet Systems.
According to Associate Director (Research) at QKS Group:
“The global Intelligent Document Processing market is rapidly evolving beyond traditional, capture-centric tools into intelligent, AI-driven platforms that form the enterprise’s core document intelligence layer. What once revolved around OCR and template-based extraction has now transformed into a strategic enabler that blends cognitive capture, template-free learning, and GenAI for contextual understanding and summarization. The most advanced IDP platforms integrate ModelOps, strong governance, and low-code usability, enabling organizations to scale confidently without sacrificing accuracy or compliance.
IDP is no longer a support function—it is becoming the essential connective tissue between unstructured content and orchestrated business workflows. As enterprises face rising volumes of unstructured data and pursue agentic automation, modern IDP is emerging as a foundational capability that converts documents into trustworthy, actionable knowledge assets while powering intelligent, compliant, and agile enterprise operations.”
FAQs on Intelligent Document Processing (IDP)
1. What is Intelligent Document Processing (IDP)?
IDP is an AI-driven technology that automates the extraction, interpretation, and processing of data from various document types using AI, ML, and NLP.
2. How is IDP different from traditional OCR?
OCR extracts text from images, whereas IDP understands context, classifies documents, extracts insights, and processes structured and unstructured data with higher accuracy.
3. Which industries benefit the most from IDP
BFSI, healthcare, logistics, retail, telecom, government, and insurance sectors use IDP to automate high-volume document workflows.
4. What are the key advantages of IDP?
Reduced manual effort, enhanced accuracy, faster processing, better compliance, improved workflow automation, and real-time insights.
5. What factors should organizations consider when choosing an IDP vendor?
Accuracy, scalability, integration capabilities, automation intelligence, security, multi-format support, and deployment flexibility.
Custom Research Service
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