target audience: TECH SUPPLIER Publication date: Nov 2023 - Document type: Market Forecast - Doc Document number: # EUR150260223
Western Europe Capture Applications Software Market Forecast, 2023-2027
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Abstract
This IDC Market Forecast study provides a sizing of the Western European capture applications market in 2022 and a five-year forecast to 2027 by deployment type (public cloud versus on-premises/other software). It updates IDC's Western Europe Capture Applications Software Market Forecast, 2022-2026 (IDC #EUR148683922, August 2022).
"IDC forecasts the Western European capture applications market will grow at a CAGR of 5.2% as companies come to depend on scanning and capture applications not only to maintain business-as-usual through disruption, but also to digitally transform their business processes and workflows, optimizing and futureproofing them for the long haul," said Sharon McNee, research manager, European Managed Print and Content Services. "Future growth will be powered by technology advancements, greater adoption of emerging AI capabilities, and increased acceleration of public-cloud–first delivery approaches."