Document Scanning Services Market, By Service Type (Onsite and Offsite Service), by Document Type (Medical Record Scanning, Legal Document Scanning, Blueprint and Map Scanning, Proof of Delivery Scanning, Human Resources Document Scanning, Newspaper and Magazine Scanning, Accounts Payable and Accounts Receivable Document Scanning Other (Survey Scanning, Book Scanning, etc)), By End use Industry (Healthcare, Legal Firms, BFSI, Government, Education, E-commerce and Logistics, Architecture Firms and Others) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Digitization is the process of scanning paper documents and converting them into electronic formats. Most of the companies are scanning documents, in order to save cost, increase productivity, and also to improve access to the information. The digitization of documents can prevent the loss of sensitive information by providing backup in case of loss or damage to the physical documents. The high-speed scanners are used to scan documents into digital images. For instance, in April 2021, iGuana, a Belgium-based company that provides digitization services announced collaboration with Qidenus Technologies, an Austria-based company that manufactures V-shaped and robotic scanners to enhance Qidenus Mastered Book Scanner to ensure top scan quality and top performance in book scanning environment.
Market Dynamics
The increasing demand for document scanning services from BFSI, healthcare, and IT & telecom industries in countries such as Germany, France, China, South Korea, Italy, and Japan is expected to drive the market growth during the forecast period. Companies in these countries are focusing on reducing operational costs and gain a competitive advantage through outsourcing IT services. The maintenance and storing of these valuable documents require more space and even costly for any organization. Thus, organizations are opting for document scanning outsourcing services, where third-party vendors can transform handwritten and typed documents into digital format. Document outsourcing consists of intelligent character recognition (ICR) and optical character recognition (OCR) methods, in order to convert hand-written documents into electronic information. Moreover, due to the increasing demand for outsourcing document scanning services in organizations, document outsourcing service providers are trying to solve a business challenge by providing value-added services to their customers. For instance, Ricoh Ltd., specializing in office imaging equipment, production print solutions, document management systems, and IT services introduced document process outsourcing services for organizations, in order to outsource their document business processes. The outsourced service providers help organizations to reduce the overall cost, enhance productivity, and improve workflow efficiencies in the organizations.
The increasing demand for document scanning services in the logistics sector in Japan is expected to drive the market growth during the forecast period. Logistics document scanning services help transport companies to digitize and organize documents in such a way that will improve operational efficiency. These services are used by both small and medium enterprises (SMEs) and large enterprises to keep track of their workflow. For instance, in September 2021, Ripcord Inc., a U.S.-based leading robotics digitization company announced joint venture with Fuji Xerox Co., Ltd., a Japan-based company, which manufactures xerographic and document-related products and services, in order to bring digital transformation technologies in Japan and the APAC region. Through this joint venture, Ripcord Inc. and Fuji Xerox help their customers to streamline operations, accelerate digitization, reduce costs, reduce labor costs associated with digitizing and improve customer experiences.
Key features of the study:
This report provides in-depth analysis of the global document scanning services market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global document scanning services market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
Companies covered as a part of this study include Access Scanning Document Services, LLC, Ripcord, Inc., Armstrong Archives, LLC, Chicago Records Management Inc., Cube Records Management Services, The Scanning Company, Smooth Solutions Inc., VENSO Technologies, Shoreline Records Management, Inc., Pearl Scan, iGuana, Cleardata UK Ltd., KnowledgeLake, Microimage Technologies Limited, ScanWorld Station Limited, The Apache Software Foundation, Advanced Data Solutions, Inc., Blue-Pencil Information Security Inc., Iron Mountain Inc., Flatworld Solutions Pvt. Ltd., Royal Imaging, Pacific Records Management, DataGuard USA (Record Nations), Scanning America Inc..
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global document scanning services market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global document scanning services market
Detailed Segmentation
Global Document Scanning Services Market, By service Type:
On-site Service
Offsite Service
Global Document Scanning Services Market, By Document Type:
Medical Record Scanning
Legal Document Scanning
Blueprint and Map Scanning
Proof of Delivery Scanning
Human Resources Document Scanning
Newspaper and Magazine Scanning
Accounts Payable and Accounts Receivable Document Scanning
Other (Survey Scanning, Book Scanning, etc)
Global Document Scanning Services Market, By End use Industry:
Healthcare
Legal Firms
BFSI
Government
Education
E-commerce and Logistics
Architecture Firms
Others
Global Document Scanning Services Market, By Region:
North America
By Service Type:
On-site Service
Offsite Service
By Document Type:
Medical Record Scanning
Legal Document Scanning
Blueprint and Map Scanning
Proof of Delivery Scanning
Human Resources Document Scanning
Newspaper and Magazine Scanning
Accounts Payable and Accounts Receivable Document Scanning
Other (Survey Scanning, Book Scanning, etc)
By End User:
Healthcare
Legal Firms
BFSI
Government
Education
E-commerce and Logistics
Architecture Firms
Others
By Country:
U.S.
Canada
Europe
By Service Type:
On-site Service
Offsite Service
By Document Type:
Medical Record Scanning
Legal Document Scanning
Blueprint and Map Scanning
Proof of Delivery Scanning
Human Resources Document Scanning
Newspaper and Magazine Scanning
Accounts Payable and Accounts Receivable Document Scanning
Other (Survey Scanning, Book Scanning, etc)
By End User:
Healthcare
Legal Firms
BFSI
Government
Education
E-commerce and Logistics
Architecture Firms
Others
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Service Type:
On-site Service
Offsite Service
By Document Type:
Medical Record Scanning
Legal Document Scanning
Blueprint and Map Scanning
Proof of Delivery Scanning
Human Resources Document Scanning
Newspaper and Magazine Scanning
Accounts Payable and Accounts Receivable Document Scanning
Other (Survey Scanning, Book Scanning, etc)
By End User:
Healthcare
Legal Firms
BFSI
Government
Education
E-commerce and Logistics
Architecture Firms
Others
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Service Type:
On-site Service
Offsite Service
By Document Type:
Medical Record Scanning
Legal Document Scanning
Blueprint and Map Scanning
Proof of Delivery Scanning
Human Resources Document Scanning
Newspaper and Magazine Scanning
Accounts Payable and Accounts Receivable Document Scanning
Other (Survey Scanning, Book Scanning, etc)
By End User:
Healthcare
Legal Firms
BFSI
Government
Education
E-commerce and Logistics
Architecture Firms
Others
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Component:
Hardware
Software
Services
Installation Service
Integration Service
Maintenance & Support Service
By Application:
Image Recognition
Voice Recognition
Video Surveillance & Diagnostics
Data Mining
By End User:
Automotive
Aerospace & Defense
BFSI
Healthcare
Manufacturing
Retail
Others
By Country/Region:
GCC Countries
South Africa
Rest of Middle East and Africa
Company Profiles
Access Scanning Document Services, LLC *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
Ripcord, Inc.
Armstrong Archives, LLC
Chicago Records Management Inc.
Cube Records Management Services
The Scanning Company
Smooth Solutions Inc.
VENSO Technologies
Shoreline Records Management, Inc.
Pearl Scan
iGuana
Cleardata UK Ltd.
KnowledgeLake
Microimage Technologies Limited
ScanWorld Station Limited
The Apache Software Foundation
Advanced Data Solutions, Inc.
Blue-Pencil Information Security Inc.
Iron Mountain Inc.
Flatworld Solutions Pvt. Ltd.
Royal Imaging
Pacific Records Management
DataGuard USA (Record Nations)
Scanning America Inc.
“*” marked represents similar segmentation in other categories in the respective section.
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