Document imaging or electronic imaging is a technology that enables users to scan hard copy documents into computer system and store them digitally. These technologies also enable the users to enter metadata into the system and utilize storage technology for saving the digital version of the document. Document imaging systems can be in several forms such as microfilm, printers, copiers, facsimile machines, document scanners, multifunction printers, archive writers and computer output microfilm (COM).  It can also be used in the form of enterprise content management. Previously, the content management technology term or document imaging was used in swap with document image management as industries tried to separate themselves from reprographic and micrographic technologies. Imaging remains a major focal point for businesses as they modernize processes in search of speed, growth, and agility. Moreover, improved efficiencies also generate competitive advantage and better customer satisfaction.

Distributed scanning is expected to gain market growth in the coming years as it provides several benefits to the organizations such as it reduces unit costs and the organization saves time as well as money for transporting documents to a particular centralized location. Also, the risks of losing or compromising documents are being reduced, and the digitized information is made available to the users much faster. The key factors that are driving the growth of document imaging scanner market include the adoption of compliance initiatives and the need for reduction in expenses which has led tohigh investment in improving document processing. Document imaging solutions generate substantial sales potential for the resellers, especially when it is considered as a standalone solution. To be more effective, the document imaging solutions are considered a part of larger infrastructure strategy.  This solution supports other client’s operations such as document storing, security, as well as market analytics.

The increasing demand for network scanners has also been driving the growth of document imaging scanner market. The data captured with the help of document imaging solutions would become a major part of business analytics. The scanned documents are used in big data analytics, no matter if the content is being converted by optical character recognition or is an image.

Want to gain competitive advantage from our actionable, insightful business intelligence? Request a sample

What Is Document Scanning? by Corporate Records Management

The cloud is significantly becoming an important and flexible extension to enterprises, for more data storage and accelerates workflows as a part of image capture. The image capture would considerably be used for storing as well as sharing business-critical documents and images as a part of the workflow. Furthermore, the document imaging solutions support common standards such as TWAIN and, HTML5, which makes it easier for sharing captured images across the applications and in between environments. The players in this market are focusing on developing new products in order to strengthen their market position. In February 2014, Newgen Software, Inc. launched the OmniScan 3.0 which was the latest version of its scanning software application. The new featured version consisted of connectors that allowed the user to scan the documents directly to SAP or SharePoint. OmniScan 3.0 also offered influential document quality analysis as well as image correction abilities.

Some of the major participants in the document imaging scanner market include Epson America, Inc., Newgen Software, Inc., Fujitsu Technology Solutions, Hewlett Packard Company, Canon, Inc., and Eastman Kodak Company.

This research report analyzes this market on the basis of its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

  • North America
  • Asia Pacific
  • Europe
  • Middle East and Africa
  • Latin America

This report provides comprehensive analysis of

  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

Looking for exclusive market insights from business experts? Buy Now Report here

Reasons for Buying this Report

  • This report provides pin-point analysis for changing competitive dynamics
  • It provides a forward looking perspective on different factors driving or restraining market growth
  • It provides a six-year forecast assessed on the basis of how the market is predicted to grow
  • It helps in understanding the key product segments and their future
  • It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
  • It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
  • It provides distinctive graphics and exemplified SWOT analysis of major market segments

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.