Dublin, July 12, 2022 (GLOBE NEWSWIRE) -- The "Global and Japan Document Scanning Services Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
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 2020, 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
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 2020, 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.
The document scanning method captures detail from the paper document and converts it into digital format for ease of storage, retrieval, search, and use. Most of the business enterprises in Japan are adopting document scanning services, in order to save time and money in the organization. It can reduce storage costs and resources needed to maintain and retrieve records. Document scanning makes it easy to share documents and collaborate on projects without any need for paper information.
Document scanning not only benefits the business but also protects the environment as well. It enormously cut down the consumption of paper, stationery items, ink, and many others. Document scanning also plays important role in streamlining the work processes and improving workplace productivity. For instance, Canon Inc., a Japan-based company who manufacture lenses, cameras, medical equipment, and scanners, is taking steps to protect its business and reduce risk by converting paper documents into digital information. The document scanning services help businesses against loss of files, reduce operating costs, and enable safe transfer of products or business records.
Increasing adoption of document digitization services in Japan is driving the growth of the market. The companies prefer scanning paper documents and converting them into electronic formats in order to save cost, increase productivity, and also to improve access to the information.
For instance, in March 2021, NTT DOCOMO Inc., a Japan-based mobile operator company, signed a partnership with Ripcord, a U.S.-based robotic digitization company that launched a new digital transformation (DX) solution. The robotic approach to DX solution replaces manual, error-prone, labor-intensive processes and replaces traditional approaches with new automation technologies such as robotics and machine learning.
Key features of the study:
- This report provides in-depth analysis of the global and Japan document scanning services market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2021- 2028), considering 2020 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 and Japan 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 and Japan 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 and Japan document scanning services market
Key Topics Covered:
1. Research Objectives and Assumptions
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Service Type
- Market Snippet, By Document Type
- Market Snippet, By End-use Industry
- Market Snippet, By Region
- Publisher Opportunity Map
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Value Chain Analysis
- Porter's Analysis
- PEST Analysis
- Impact of COVID-19
4. Global Document Scanning Services Market, By Service Type, 2020-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2020 and 2028 (%)
- Segment Trends
- On-site Service
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Offsite Service
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
5. Global Document Scanning Services Market, By Document Type, 2020-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2020 and 2028 (%)
- Segment Trends
- Medical Record Scanning
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Legal Document Scanning
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Blueprint and Map Scanning
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Proof of Delivery Scanning
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Human Resources Document Scanning
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Newspaper and Magazine Scanning
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Accounts Payable and Accounts Receivable Document Scanning
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Other (Survey Scanning, Book Scanning, etc)
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
6. Global Document Scanning Services Market, By End-use Industry, 2020-2028 (US$ Million)
- Introduction
- Market Share Analysis, 2020 and 2028 (%)
- Segment Trends
- Healthcare
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Legal Firms
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- BFSI
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Government
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Education
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- E-commerce and Logistics
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Architecture Firms
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
- Others
- Introduction
- Market Size and Forecast, 2020-2028, (US$ Million)
7. Global Document Scanning Services Market, By Region, 2020-2028 (US$ Million)
8. Competitive Landscape
- Company Profiles
- Access Scanning Document Services, LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Ripcord, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Armstrong Archives, LLC
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Chicago Records Management Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cube Records Management Services
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- The Scanning Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Smooth Solutions Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- VENSO Technologies
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Shoreline Records Management, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Pearl Scan
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- iGuana
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Cleardata UK Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- KnowledgeLake
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Microimage Technologies Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ScanWorld Station Limited
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- The Apache Software Foundation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Advanced Data Solutions, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Blue-Pencil Information Security Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Iron Mountain Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Flatworld Solutions Pvt. Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Royal Imaging
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Pacific Records Management
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- DataGuard USA (Record Nations)
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Scanning America Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Analyst Views
9. Section
For more information about this report visit https://www.researchandmarkets.com/r/p2oxne
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