target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: Market Analysis Perspective - Doc Document number: # US51220023
Market Analysis Perspective: Worldwide Document Understanding AI Software, 2023
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Abstract
This IDC Market Analysis Perspective (MAP) discusses the current state and outlook of the worldwide document understanding AI software market. Document understanding AI, a sub-segment of intelligent document processing (IDP) software market, represents the high-growth technology component area enabling the classification, extraction, validation, and enrichment of an increasing number of document types. Further, as generative AI (GenAI) capabilities continue to evolve and mature, IDC sees the eventual integration of GenAI into document understanding AI products and greater go-to-market strategies.