On-premise segment dominates more than 75 percent of the Global Document Capture Software market: TechNavio Report

Renewable energy
  •  Key Vendors include EMC Corp., Kofax plc, Nuance Communications Inc. and OpenText Corp.

On-premise segment is dominating more than 75 percent of the Global Document Capture Software market. This is as per the latest research findings by the independent London-based global research firm TechNavio, for the forecast period 2014-2018.

The On-premise segment is dominating the Global Document Capture Software market, showing that companies are opting for this model, since it is providing better access to data control and business processes. Greater market competition and increasing focus on innovations by vendors are leading to the development of appropriate and reliable on-demand software. This in turn is reducing the initial concerns among end-users about the security and availability of on-demand software. Moreover, SaaS vendors are reacting to the growing demand by enabling easy access to innovative platforms for SaaS-based solutions, which will be improving during the forecast period.

To determine the scenario for these vendors in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in order of importance. 

If you are interested in more information on this topic and our upcoming research on Global Document Capture Software Market 2014-2018, please send an e-mail to media@TechNavio.com

 
About TechNavio

TechNavio is a leading technology research and advisory company with a global coverage. We focus on emerging technology trends that can shape the market. We identify and explain these trends to our customers to help them take better decisions.

TechNavio models the trends using a mix of quantitative and qualitative tools in its proprietary research methodologies. We build forecasts across market segments and geographies based on the trends identified. These forecasts and analysis are used to help our customers identify new and existing opportunities in their markets. We also help customers assess their competitive position in a changing market scenario.

TechNavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape of Global Document Capture Software Market. Our analysts obtain the information using a combination of the bottom-up and top-down approaches, besides using in-house market modeling tools. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from TechNavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

Founded in 2003, TechNavio has about 200 analysts globally. We cover more than 500 technologies across 80 countries. Our analysts are closely monitoring the market every day by talking to all the industry participants. We have proprietary databases that provide us with a complete perspective of the market. TechNavio develops over 2000 pieces of research deliverables every year.

Media Contact:

Rituparna Roy/Arijit Rakshit
Marketing Manager/Analyst & PR
+91 9591975898; +44 208 123 1770; +1 630 333 9501          

media@TechNavio.com

Twitter: @TechNavio

https://www.technavio.com/

https://www.technavio.com/