A Holistic View of Intelligent Data Capture Software Adoption in Western Europe from (2023 to 2033)

In Western Europe, the intelligent enterprise data capture software demand is likely to surpass US$ 1,607.0 million in 2023. Intelligent enterprise data capture software sales are expected to hit US$ 4,831.4 million by 2033, advancing at an 11.6% CAGR from 2023 to 2033. The demand for intelligent enterprise data capture software exhibited an 8.6% CAGR from 2018 to 2022.

Key Highlights

  • The global digitization trend is projected to benefit the intelligent corporate data capture software industry.
  • Adopting innovative technologies such as IoT, rapid industrialization, and the dominance of software with error reduction and increased accuracy are few factors spurring the intelligent corporate data capture software industry expansion.
  • The demand for cloud-based intelligent enterprise data capture software continues to rise in line with enterprises' increasing adoption of cloud-based solutions and the demand for cost-effective enterprise data capture software.
  • Small and medium-sized businesses are embracing data support and data management technologies. The intelligent corporate data capture software sector in Western Europe is expected to thrive considerably as cloud-based deployments expand.
Attributes Details
Industry Size in Western Europe (2023) US$ 1,607.0 million
Forecasted Industry Size in Western Europe (2033) US$ 4,831.4 million
Historical CAGR (2018 to 2022) 8.6%
CAGR Estimation (2023 to 2033) 11.6%

Don't pay for what you don't need

Customize your report by selecting specific countries or regions and save 30%!

A Look at the Emerging Landscape of Intelligent Enterprise Data Capture in Western Europe

  • Western Europe is adopting AI and ML for advanced data extraction and processing through intelligent data capture software.
  • A growing trend is the seamless integration of data-capturing tools with cloud-based platforms, aimed at enhancing scalability and accessibility.
  • The adoption of secure data capture and storage techniques is being influenced by data privacy legislation like GDPR.
  • The current trend is shifting toward real-time data acquisition and processing to facilitate faster decision-making.
  • Investment Opportunities of Intelligent Enterprise Data Capture Software in Western Europe
  • By increasing data accuracy and decreasing manual data entry in Western Europe, intelligent enterprise data capture software gives the industry a competitive edge.
  • Service providers in Western Europe are making significant investments in intelligent enterprise data capture software to enhance data security, streamline operating expenses, and improve document management processes.
  • The primary industries experiencing a surge in investment in intelligent enterprise data capture software in Western Europe are the healthcare, financial services, and logistics sectors.
  • Service providers in Western Europe necessitate intelligent data capture systems to comply with data privacy laws and standards.

Category-wise Insights

The Dominance of Intelligent Enterprise Data Capture Software in Western Europe

Intelligent enterprise data capture software outperforms intelligent enterprise data capture services in sales due to its affordable price, adaptability, and broad compatibility.

Segment Product Type
Name Software
Industry Share in 2023 67.1%

Companies value the autonomy and scalability offered by software solutions, allowing them to tailor data gathering to their specific requirements. This is in contrast to services, which may entail higher recurring costs and potential constraints. As a result, the software leads the industry in sales, being the more popular option.

Sales Emerges as the Key Segment in the Line of Business Category

The intelligent enterprise data capture software segment for sales has emerged as the dominating category in Western Europe. The sales line of business holds a share of 28.3% as of 2023.

Segment Line of Business
Name Sales
Industry Share in 2023 28.3%

The sales line of the business segment has risen to the top due to its widespread acceptance and relevance, indicating its critical role in improving operational efficiency, customer engagement, and revenue creation. This underscores the increasing emphasis on enhancing sales procedures and client relations.

Sudip Saha
Sudip Saha

Principal Consultant

Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Country-wise Outlook

The table below represents the potential demand for intelligent enterprise data capture software in Western Europe. It focuses on the region's notable economies, including France, Germany, the United Kingdom, Italy, and the Netherlands.

Country Value CAGR from 2023 to 2033
Italy 12.4%
France 11.6%
Netherlands 10.8%
Germany 10.5%
United Kingdom 9.3%

Italy boasts a large number of SMEs, and this sector shows a particular interest in cost-effective, user-friendly, intelligent enterprise data capture software. In numerous sectors, Italy continues to rely on paper-based techniques. Consequently, there's an increasing demand for intelligent enterprise data capture software to digitize and streamline these activities.

Due to GDPR requirements, France places a significant emphasis on data privacy and security. Manufacturers in France investing in data collection tools must prioritize compliance with these regulations to avoid legal concerns. Data capture software plays a pivotal role in the modernization efforts of manufacturers in France, who are actively pursuing digital transformation programs.

The Netherlands plays a vital role in global logistics and trade. Sustainability and environmental impacts are becoming increasingly crucial to Dutch companies. Service providers in the Netherlands highly value data-driven decision-making processes. Therefore, intelligent enterprise data capture software must incorporate sophisticated analytics and reporting capabilities to meet this demand.

Germany is renowned for its robust manufacturing sector. Companies frequently seek data capture solutions to automate processes and enhance efficiency in manufacturing and logistics. Meanwhile, many businesses in the United Kingdom are adopting cloud-based solutions. This has led to a high demand for data capture software with cloud integration options, valued for its scalability and flexibility.

Competitive Landscape

In Western Europe, the competitive landscape for intelligent enterprise data capture software is vibrant and diverse. Leading companies provide reliable solutions for automated data extraction and document processing. Emerging competitors are gaining traction with innovative AI-powered platforms.

Industry trends in Western Europe highlight the importance of cloud-based platforms and integration capabilities. Enterprises in the region are increasingly seeking cost-effective and scalable solutions to streamline data gathering and document management operations across various industries.

Essential Observations of Industry Players in Intelligent Enterprise Data Capture Software in Western Europe

  • ABBYY: ABBYY is a well-known global provider of data capture and OCR (Optical Character Recognition) systems. They have a considerable industry presence across Western Europe.
  • Kofax: Kofax, a subsidiary of Thoma Bravo, provides intelligent automation and data capture solutions. They are a significant player in Western Europe, especially in the United Kingdom, Germany, and France.
  • ReadSoft (A part of SAP): ReadSoft, a subsidiary of SAP, offers data capture and invoicing processing software. SAP dominates the Western Europe enterprise software industry.

Get the data you need at a Fraction of the cost

Personalize your report by choosing insights you need
and save 40%!

Key Players of Intelligent Enterprise Data Capture Software in Western Europe

  • ABBYY
  • Kofax
  • ReadSoft
  • Ephesoft
  • Grooper
  • IRIS
  • ABB Group
  • Esker
  • Nuance Communications

Scope of the Report

Attribute Details
Estimated Valuation (2023) US$ 1,607.0 million
Projected Valuation (2033) US$ 4,831.4 million
Anticipated CAGR (2023 to 2033) 11.6%
Historical Analysis of Intelligent Enterprise Data Capture Software in Western Europe 2018 to 2022
Demand Forecast for Intelligent Enterprise Data Capture Software in Western Europe 2023 to 2033
Quantitative Units Revenue in US$ million and CAGR from 2023 to 2033
Report Coverage Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Key Countries Analyzed while Studying Opportunities in Intelligent Enterprise Data Capture Software in Western Europe Italy, Germany, France, Netherlands, United Kingdom
Key Companies Profiled ABBYY; Kofax; ReadSoft; Ephesoft; Grooper; IRIS; ABB Group; Esker; Nuance Communications

Key Segments

By Product Type:

  • Software
    • Handwriting Recognition
    • Optical Character Recognition
    • Intelligent Document Recognition
  • Services
    • Consulting
    • Training
    • Implementation and Support

By Deployment:

  • On-premise
  • SaaS and PaaS
  • Hybrid

By Line of Business:

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

By Industry:

  • BFSI
  • Healthcare
  • Media and Entertainment
  • Education
  • Professional Services
  • Construction
  • Retail
  • Government
  • Manufacturing
  • Others

By Countries:

  • Italy
  • Germany
  • France
  • Netherlands
  • United Kingdom

Frequently Asked Questions

At What Rate is the Intelligent Enterprise Data Capture Software Growth in in Western Europe?

The estimated CAGR for intelligent enterprise data capture software in Western Europe through 2033 is 11.6%.

How Big will the Intelligent Enterprise Data Capture Software Industry be in Western European Countries?

Demand for intelligent enterprise data capture software in Western Europe is likely to reach US$ 4,831.4 million by 2033.

What is the Growth Potential for Intelligent Enterprise Data Capture Software in Italy?

France intelligent enterprise data capture software industry is set to lead in Western Europe exhibiting a CAGR of 12.4% through 2033.

Which is the Leading Product Type for Intelligent Enterprise Data Capture Software in Western Europe?

Software segment is leading the industry, acquiring an industry share of 67.1% in 2023.

Which Line of Business Category Contributes Considerably to Intelligent Enterprise Data Capture Software in Western Europe?

The sales segment contributes significantly, accounting for 28.3% of the industry share in 2023.

Table of Content

1. Executive Summary

    1.1. Western Europe 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. Western Europe 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. Western Europe 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. Western Europe 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. Western Europe 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. Western Europe 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. Western Europe Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country

    9.1. Introduction

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

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

        9.3.1. UK

        9.3.2. Germany

        9.3.3. Italy

        9.3.4. France

        9.3.5. Spain

        9.3.6. Rest of Western Europe

    9.4. Market Attractiveness Analysis By Country

10. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

    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 Region

            10.2.1.1. England

            10.2.1.2. Scotland

            10.2.1.3. Wales

            10.2.1.4. Northern Ireland

        10.2.2. By Product Type

        10.2.3. By Deployment

        10.2.4. By Line of Business

        10.2.5. By Industries

    10.3. Market Attractiveness Analysis

        10.3.1. By Region

        10.3.2. By Product Type

        10.3.3. By Deployment

        10.3.4. By Line of Business

        10.3.5. By Industries

    10.4. Key Takeaways

11. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

    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 Region

            11.2.1.1. North-east (Germany)

            11.2.1.2. North-west (Germany)

            11.2.1.3. Central (Germany)

            11.2.1.4. South (Germany)

            11.2.1.5. Other(Germany)

        11.2.2. By Product Type

        11.2.3. By Deployment

        11.2.4. By Line of Business

        11.2.5. By Industries

    11.3. Market Attractiveness Analysis

        11.3.1. By Region

        11.3.2. By Product Type

        11.3.3. By Deployment

        11.3.4. By Line of Business

        11.3.5. By Industries

    11.4. Key Takeaways

12. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

    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 Region

            12.2.1.1. North (Italy)

            12.2.1.2. Central (Italy)

            12.2.1.3. South (Italy)

            12.2.1.4. Islands (Italy)

        12.2.2. By Product Type

        12.2.3. By Deployment

        12.2.4. By Line of Business

        12.2.5. By Industries

    12.3. Market Attractiveness Analysis

        12.3.1. By Region

        12.3.2. By Product Type

        12.3.3. By Deployment

        12.3.4. By Line of Business

        12.3.5. By Industries

    12.4. Key Takeaways

13. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

    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 Region

            13.2.1.1. Northern (France)

            13.2.1.2. Central (France)

            13.2.1.3. Southern (France)

            13.2.1.4. Eastern (France)

        13.2.2. By Product Type

        13.2.3. By Deployment

        13.2.4. By Line of Business

        13.2.5. By Industries

    13.3. Market Attractiveness Analysis

        13.3.1. By Region

        13.3.2. By Product Type

        13.3.3. By Deployment

        13.3.4. By Line of Business

        13.3.5. By Industries

    13.4. Key Takeaways

14. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region

    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 Region

            14.2.1.1. Basque Country

            14.2.1.2. Andalusia

            14.2.1.3. Extremadura

            14.2.1.4. Catalonia

            14.2.1.5. Valencia

            14.2.1.6. Rest of Spain

        14.2.2. By Product Type

        14.2.3. By Deployment

        14.2.4. By Line of Business

        14.2.5. By Industries

    14.3. Market Attractiveness Analysis

        14.3.1. By Region

        14.3.2. By Product Type

        14.3.3. By Deployment

        14.3.4. By Line of Business

        14.3.5. By Industries

    14.4. Key Takeaways

15. Rest of Western Europe Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033

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

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

        15.2.1. By Product Type

        15.2.2. By Deployment

        15.2.3. By Line of Business

        15.2.4. By Industries

    15.3. Market Attractiveness Analysis

        15.3.1. By Product Type

        15.3.2. By Deployment

        15.3.3. By Line of Business

        15.3.4. By Industries

    15.4. Key Takeaways

16. Market Structure Analysis

    16.1. Competition Dashboard

    16.2. Competition Benchmarking

    16.3. Market Share Analysis of Top Players

        16.3.1. By Regional

        16.3.2. By Product Type

        16.3.3. By Deployment

        16.3.4. By Line of Business

        16.3.5. By Industries

17. Competition Analysis

    17.1. Competition Deep Dive

        17.1.1. ABBYY

            17.1.1.1. Overview

            17.1.1.2. Product Portfolio

            17.1.1.3. Profitability by Market Segments

            17.1.1.4. Sales Footprint

            17.1.1.5. Strategy Overview

                17.1.1.5.1. Marketing Strategy

        17.1.2. Adobe

            17.1.2.1. Overview

            17.1.2.2. Product Portfolio

            17.1.2.3. Profitability by Market Segments

            17.1.2.4. Sales Footprint

            17.1.2.5. Strategy Overview

                17.1.2.5.1. Marketing Strategy

        17.1.3. Ephesoft

            17.1.3.1. Overview

            17.1.3.2. Product Portfolio

            17.1.3.3. Profitability by Market Segments

            17.1.3.4. Sales Footprint

            17.1.3.5. Strategy Overview

                17.1.3.5.1. Marketing Strategy

        17.1.4. Artsyl Technologies

            17.1.4.1. Overview

            17.1.4.2. Product Portfolio

            17.1.4.3. Profitability by Market Segments

            17.1.4.4. Sales Footprint

            17.1.4.5. Strategy Overview

                17.1.4.5.1. Marketing Strategy

        17.1.5. CAPSYS Technologies

            17.1.5.1. Overview

            17.1.5.2. Product Portfolio

            17.1.5.3. Profitability by Market Segments

            17.1.5.4. Sales Footprint

            17.1.5.5. Strategy Overview

                17.1.5.5.1. Marketing Strategy

        17.1.6. Oracle Corporation

            17.1.6.1. Overview

            17.1.6.2. Product Portfolio

            17.1.6.3. Profitability by Market Segments

            17.1.6.4. Sales Footprint

            17.1.6.5. Strategy Overview

                17.1.6.5.1. Marketing Strategy

        17.1.7. SAP SE

            17.1.7.1. Overview

            17.1.7.2. Product Portfolio

            17.1.7.3. Profitability by Market Segments

            17.1.7.4. Sales Footprint

            17.1.7.5. Strategy Overview

                17.1.7.5.1. Marketing Strategy

        17.1.8. Open Text Corporation

            17.1.8.1. Overview

            17.1.8.2. Product Portfolio

            17.1.8.3. Profitability by Market Segments

            17.1.8.4. Sales Footprint

            17.1.8.5. Strategy Overview

                17.1.8.5.1. Marketing Strategy

        17.1.9. Hyland Software, Inc.

            17.1.9.1. Overview

            17.1.9.2. Product Portfolio

            17.1.9.3. Profitability by Market Segments

            17.1.9.4. Sales Footprint

            17.1.9.5. Strategy Overview

                17.1.9.5.1. Marketing Strategy

        17.1.10. BOX

            17.1.10.1. Overview

            17.1.10.2. Product Portfolio

            17.1.10.3. Profitability by Market Segments

            17.1.10.4. Sales Footprint

            17.1.10.5. Strategy Overview

                17.1.10.5.1. Marketing Strategy

        17.1.11. M-Files Inc.

            17.1.11.1. Overview

            17.1.11.2. Product Portfolio

            17.1.11.3. Profitability by Market Segments

            17.1.11.4. Sales Footprint

            17.1.11.5. Strategy Overview

                17.1.11.5.1. Marketing Strategy

        17.1.12. Kofax

            17.1.12.1. Overview

            17.1.12.2. Product Portfolio

            17.1.12.3. Profitability by Market Segments

            17.1.12.4. Sales Footprint

            17.1.12.5. Strategy Overview

                17.1.12.5.1. Marketing Strategy

        17.1.13. Nuance Communications

            17.1.13.1. Overview

            17.1.13.2. Product Portfolio

            17.1.13.3. Profitability by Market Segments

            17.1.13.4. Sales Footprint

            17.1.13.5. Strategy Overview

                17.1.13.5.1. Marketing Strategy

18. Assumptions & Acronyms Used

19. Research Methodology

Recommendations

Technology

Intelligent Enterprise Data Capture Software Market

April 2024

REP-GB-9098

336 pages

Technology

Structured Data Management Software Market

December 2022

REP-GB-2323

250 pages

Explore Technology Insights

View Reports
Future Market Insights

Intelligent Enterprise Data Capture Software Industry Analysis in Western Europe

Schedule a Call