An In-depth Analysis of Intelligent Enterprise Data Capture Software in Korea from (2023 to 2033)

Sales of intelligent enterprise data capture software are estimated to be US$ 399.7 million in 2023. Intelligent enterprise data capture software is expected to progress at a stellar rate in Korea, with a CAGR of 16.9% for the period from 2023 to 2033. The increasing inclination of consumers in Korea toward digital solutions is driving this demand. By 2033, the intelligent enterprise data capture software sales are projected to have escalated to US$ 1,898.8 million.

Key Insights for Intelligent Enterprise Data Capture Software in Korea

  • The infusion of various advanced technologies like optical character recognition (OCR) and robotic process automation (RPA) into intelligent enterprise data capture software is encouraging consumers in Korea. The capabilities of this software product are ever-increasing and consumers in Korea are responding positively to new developments.
  • Traditional manual methods of data capture are progressively falling out of favor in Korea due to their time and labor-intensive nature. As a result, consumers in Korea are increasingly turning to intelligent enterprise data capture software.
  • The intelligent data capture software is producing results that are endearing it to consumers in Korea. It offers precision in results, while also saving time and effort, factors that are greatly appreciated by consumers in this country.
Attributes Details
Industry size for Korea in 2023 US$ 399.7 million
Expected Industry Size for Korea by 2033 US$ 1,898.8 million
Forecasted CAGR between 2023 to 2033 16.9%

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Key Trends for Intelligent Enterprise Data Capture Software in Korea

  • Cloud-based intelligent enterprise data capture software is seeing greater demand in Korea. It offers flexibility and more space to organizations. Mobile applications with intelligent enterprise data capture software are also gaining visibility in Korea.
  • Increasing adoption of data management and data support systems is seen across the Korea’s digital space. The populace in this country is exploring innovative ways of data management. Thus, intelligent enterprise data capture software is gaining a foothold in the country.
  • The scope of intelligent enterprise data capture software is not limited to large organizations. Medium-scale and small-scale enterprises in Korea too are also making use of the software product to illuminate data analysis.
  • Intelligent enterprise data capture software is undergoing a revolution with the help of AI. AI-infused intelligent enterprise data capture software is further easing the task of data analysis for consumers in Korea.
  • Intelligent enterprise data capture software often comes bundled with other data applications like Customer Relationship Management (CRM) and Enterprise Resource Planning (ERP). The bundled series of software applications is proving to be a hit in Korea.

Category-wise Insights

Customers Prefer Having Control of the Software

Customers in Korea are looking for intelligent enterprise data capture software that is easily accessible. In 2023, software accounts for 65.5% of the industry share by product type.

Demand for Intelligent Enterprise Data Capture Software in Korea Based on Product Type Software
Industry Share in 2023 65.5%

Training and consulting services for intelligent enterprise data capture software are available in Korea. However, customers here show a preference for purchasing the complete software package. By having full-time access to the software, organizations can refer to it at short notice to glean data insights.

Intelligent Enterprise Data Capture Software is Rapidly Deployed for Sale Services

The sales category lead the line of business segment for intelligent enterprise data capture software. As of 2023, sales hold 27.3% of the industry share by line of business.

Demand for Intelligent Enterprise Data Capture Software in Korea Based on Line of Business Sales
Industry Share in 2023 27.3%

In modern sales fields, there is an increasing need for data to identify and target consumers. This is why enterprises and individuals in the sales sector are utilizing intelligent enterprise data capture software. Enterprises in the sales field are quickly adopting this technology across Korea.

Sudip Saha
Sudip Saha

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Competitive Landscape

The expanding software landscape in Korea is fostering the growth of numerous local companies. However, multinational giants also have a significant presence in the country, dominating a considerable portion of the consumer base. Local startups in Korea are actively seeking foreign investments to align with their ambitious goals. Korea-based companies are keen on expanding beyond the borders of the country and exploring new regions.

Recent Developments Observed in Intelligent Enterprise Data Capture Software in Korea

  • In September 2023, the Korean giant Solis-IDC announced plans for a data center in India. The investment involved in the center is substantial, totaling US$ 2 million.
  • In May 2023, Chequer Inc. received funding from the Korea Credit Guarantee Fund (KODIT). Chequer Inc. has developed QueryPie, a data management system specializing in cloud-based solutions for enterprises.

Some of the Key Players with Intelligent Enterprise Data Capture Software in Korea

  • ABBYY
  • Adobe
  • Ephesoft
  • Artsyl Technologies
  • CAPSYS Technologies
  • Oracle Corporation
  • SAP SE
  • Open Text Corporation
  • Hyland Software, Inc.
  • BOX
  • M-Files Inc.
  • Kofax
  • Nuance Communications
  • Solis-IDC
  • Chequer Inc.

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Scope of the Report

Attribute Details
Estimated Industry Size in 2023 US$ 399.7 million
Projected Industry Size in 2033 US$ 1,898.8 million
Anticipated CAGR between 2023 to 2033 16.9% CAGR
Historical Analysis of Demand for Intelligent Enterprise Data Capture Software in Korea 2018 to 2022
Demand Forecast for Intelligent Enterprise Data Capture Software in Korea 2023 to 2033
Report Coverage Industry Size, Industry Trends, Key Insights for Intelligent Enterprise Data Capture Software in Korea, Insights on Global Players and Leading Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers
Key Cities Profiled South Gyeongsang, North Jeolla, South Jeolla, Jeju
Key Companies Profiled ABBYY; Adobe; Ephesoft; Artsyl Technologies; CAPSYS Technologies; Oracle Corporation; SAP SE; Open Text Corporation; Hyland Software, Inc.; BOX; M-Files Inc., Kofax; Nuance Communications; Solis-IDC; Chequer Inc.

Key Segments

By Product Type:

  • Intelligent Enterprise Data Capture Software
    • Handwriting Recognition
    • Optical Character Recognition
    • Intelligent Document Recognition
  • Intelligent Enterprise Data Capture Services
    • Consulting
    • Training
    • Implementation & Support

By Line of Business:

  • Finance
  • Sales
  • Human Resource
  • Marketing
  • Legal Sector

By Cities/Provinces:

  • South Gyeongsang
  • North Jeolla
  • South Jeolla
  • Jeju

Frequently Asked Questions

What is the Industry Size of Intelligent Enterprise Data Capture Software in Korea?

The industry size of intelligent enterprise data capture software is valued at US$ 399.7 million in 2023.

At what Rate is Intelligent Enterprise Data Capture Software Growing in Korea?

Intelligent enterprise data capture software is forecasted to develop at a rate of 16.9% in Korea.

What Strategies are Intelligent Enterprise Data Capture Software Providers in Korea Employing to Drive Sales?

Bundling of different types of software and introducing new technologies are two of the strategies employed by suppliers.

What is the Preferred Product Type in Intelligent Enterprise Data Capture Software in Korea?

Software is the preferred product type in intelligent enterprise data capture software in Korea.

What Line of Business Commonly Uses Intelligent Enterprise Data Capture Software in Korea?

Sales is the leader in the line of business segment of intelligent enterprise data capture software in Korea.

Table of Content

1. Executive Summary

    1.1. Korea Market Outlook

    1.2. Demand-side Trends

    1.3. Supply-side Trends

    1.4. Technology Roadmap Analysis

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Market Background

    3.1. Market Dynamics

        3.1.1. Drivers

        3.1.2. Restraints

        3.1.3. Opportunity

        3.1.4. Trends

    3.2. Scenario Forecast

        3.2.1. Demand in Optimistic Scenario

        3.2.2. Demand in Likely Scenario

        3.2.3. Demand in Conservative Scenario

    3.3. Opportunity Map Analysis

    3.4. Investment Feasibility Matrix

    3.5. PESTLE and Porter’s Analysis

    3.6. Regulatory Landscape

        3.6.1. By Key Regions

    3.7. Regional Parent Market Outlook

4. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033

    4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022

    4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033

        4.2.1. Y-o-Y Growth Trend Analysis

        4.2.2. Absolute $ Opportunity Analysis

5. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type

    5.1. Introduction / Key Findings

    5.2. Historical Market Size Value (US$ Million) Analysis By Product Type, 2018 to 2022

    5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Product Type, 2023 to 2033

        5.3.1. Software

            5.3.1.1. Handwriting Recognition

            5.3.1.2. Optical Character Recognition

            5.3.1.3. Intelligent Document Recognition

        5.3.2. Services

            5.3.2.1. Consulting

            5.3.2.2. Training

            5.3.2.3. Implementation & Support

    5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022

    5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033

6. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Deployment

    6.1. Introduction / Key Findings

    6.2. Historical Market Size Value (US$ Million) Analysis By Deployment, 2018 to 2022

    6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Deployment, 2023 to 2033

        6.3.1. On-premise

        6.3.2. SaaS & PaaS

        6.3.3. Hybrid

    6.4. Y-o-Y Growth Trend Analysis By Deployment, 2018 to 2022

    6.5. Absolute $ Opportunity Analysis By Deployment, 2023 to 2033

7. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Line of Business

    7.1. Introduction / Key Findings

    7.2. Historical Market Size Value (US$ Million) Analysis By Line of Business, 2018 to 2022

    7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Line of Business, 2023 to 2033

        7.3.1. Finance

        7.3.2. Sales

        7.3.3. Human Resource

        7.3.4. Marketing

        7.3.5. Legal

    7.4. Y-o-Y Growth Trend Analysis By Line of Business, 2018 to 2022

    7.5. Absolute $ Opportunity Analysis By Line of Business, 2023 to 2033

8. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Industries

    8.1. Introduction / Key Findings

    8.2. Historical Market Size Value (US$ Million) Analysis By Industries, 2018 to 2022

    8.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Industries, 2023 to 2033

        8.3.1. BFSI

        8.3.2. Healthcare

        8.3.3. Media & Entertainment

        8.3.4. Education

        8.3.5. Professional Services

        8.3.6. Construction

        8.3.7. Retail

        8.3.8. Government

        8.3.9. Manufacturing

        8.3.10. Others

    8.4. Y-o-Y Growth Trend Analysis By Industries, 2018 to 2022

    8.5. Absolute $ Opportunity Analysis By Industries, 2023 to 2033

9. Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

    9.1. Introduction

    9.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022

    9.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033

        9.3.1. South Gyeongsang

        9.3.2. North Jeolla

        9.3.3. South Jeolla

        9.3.4. Jeju

        9.3.5. Rest of Korea

    9.4. Market Attractiveness Analysis By Region

10. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        10.2.1. By Product Type

        10.2.2. By Deployment

        10.2.3. By Line of Business

        10.2.4. By Industries

    10.3. Market Attractiveness Analysis

        10.3.1. By Product Type

        10.3.2. By Deployment

        10.3.3. By Line of Business

        10.3.4. By Industries

    10.4. Key Takeaways

11. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        11.2.1. By Product Type

        11.2.2. By Deployment

        11.2.3. By Line of Business

        11.2.4. By Industries

    11.3. Market Attractiveness Analysis

        11.3.1. By Product Type

        11.3.2. By Deployment

        11.3.3. By Line of Business

        11.3.4. By Industries

    11.4. Key Takeaways

12. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        12.2.1. By Product Type

        12.2.2. By Deployment

        12.2.3. By Line of Business

        12.2.4. By Industries

    12.3. Market Attractiveness Analysis

        12.3.1. By Product Type

        12.3.2. By Deployment

        12.3.3. By Line of Business

        12.3.4. By Industries

    12.4. Key Takeaways

13. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        13.2.1. By Product Type

        13.2.2. By Deployment

        13.2.3. By Line of Business

        13.2.4. By Industries

    13.3. Market Attractiveness Analysis

        13.3.1. By Product Type

        13.3.2. By Deployment

        13.3.3. By Line of Business

        13.3.4. By Industries

    13.4. Key Takeaways

14. Rest of Korea Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

    14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022

    14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033

        14.2.1. By Product Type

        14.2.2. By Deployment

        14.2.3. By Line of Business

        14.2.4. By Industries

    14.3. Market Attractiveness Analysis

        14.3.1. By Product Type

        14.3.2. By Deployment

        14.3.3. By Line of Business

        14.3.4. By Industries

    14.4. Key Takeaways

15. Market Structure Analysis

    15.1. Competition Dashboard

    15.2. Competition Benchmarking

    15.3. Market Share Analysis of Top Players

        15.3.1. By Regional

        15.3.2. By Product Type

        15.3.3. By Deployment

        15.3.4. By Line of Business

        15.3.5. By Industries

16. Competition Analysis

    16.1. Competition Deep Dive

        16.1.1. ABBYY

            16.1.1.1. Overview

            16.1.1.2. Product Portfolio

            16.1.1.3. Profitability by Market Segments

            16.1.1.4. Sales Footprint

            16.1.1.5. Strategy Overview

                16.1.1.5.1. Marketing Strategy

        16.1.2. Adobe

            16.1.2.1. Overview

            16.1.2.2. Product Portfolio

            16.1.2.3. Profitability by Market Segments

            16.1.2.4. Sales Footprint

            16.1.2.5. Strategy Overview

                16.1.2.5.1. Marketing Strategy

        16.1.3. Ephesoft

            16.1.3.1. Overview

            16.1.3.2. Product Portfolio

            16.1.3.3. Profitability by Market Segments

            16.1.3.4. Sales Footprint

            16.1.3.5. Strategy Overview

                16.1.3.5.1. Marketing Strategy

        16.1.4. Artsyl Technologies

            16.1.4.1. Overview

            16.1.4.2. Product Portfolio

            16.1.4.3. Profitability by Market Segments

            16.1.4.4. Sales Footprint

            16.1.4.5. Strategy Overview

                16.1.4.5.1. Marketing Strategy

        16.1.5. CAPSYS Technologies

            16.1.5.1. Overview

            16.1.5.2. Product Portfolio

            16.1.5.3. Profitability by Market Segments

            16.1.5.4. Sales Footprint

            16.1.5.5. Strategy Overview

                16.1.5.5.1. Marketing Strategy

        16.1.6. Oracle Corporation

            16.1.6.1. Overview

            16.1.6.2. Product Portfolio

            16.1.6.3. Profitability by Market Segments

            16.1.6.4. Sales Footprint

            16.1.6.5. Strategy Overview

                16.1.6.5.1. Marketing Strategy

        16.1.7. SAP SE

            16.1.7.1. Overview

            16.1.7.2. Product Portfolio

            16.1.7.3. Profitability by Market Segments

            16.1.7.4. Sales Footprint

            16.1.7.5. Strategy Overview

                16.1.7.5.1. Marketing Strategy

        16.1.8. Open Text Corporation

            16.1.8.1. Overview

            16.1.8.2. Product Portfolio

            16.1.8.3. Profitability by Market Segments

            16.1.8.4. Sales Footprint

            16.1.8.5. Strategy Overview

                16.1.8.5.1. Marketing Strategy

        16.1.9. Hyland Software, Inc.

            16.1.9.1. Overview

            16.1.9.2. Product Portfolio

            16.1.9.3. Profitability by Market Segments

            16.1.9.4. Sales Footprint

            16.1.9.5. Strategy Overview

                16.1.9.5.1. Marketing Strategy

        16.1.10. BOX

            16.1.10.1. Overview

            16.1.10.2. Product Portfolio

            16.1.10.3. Profitability by Market Segments

            16.1.10.4. Sales Footprint

            16.1.10.5. Strategy Overview

                16.1.10.5.1. Marketing Strategy

        16.1.11. M-Files Inc.

            16.1.11.1. Overview

            16.1.11.2. Product Portfolio

            16.1.11.3. Profitability by Market Segments

            16.1.11.4. Sales Footprint

            16.1.11.5. Strategy Overview

                16.1.11.5.1. Marketing Strategy

        16.1.12. Kofax

            16.1.12.1. Overview

            16.1.12.2. Product Portfolio

            16.1.12.3. Profitability by Market Segments

            16.1.12.4. Sales Footprint

            16.1.12.5. Strategy Overview

                16.1.12.5.1. Marketing Strategy

        16.1.13. Nuance Communications

            16.1.13.1. Overview

            16.1.13.2. Product Portfolio

            16.1.13.3. Profitability by Market Segments

            16.1.13.4. Sales Footprint

            16.1.13.5. Strategy Overview

                16.1.13.5.1. Marketing Strategy

17. Assumptions & Acronyms Used

18. Research Methodology

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