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Global Document Scanner Market 2018-2022 | Growth Analysis and Forecast | Technavio

September 26, 2018

LONDON--(BUSINESS WIRE)--Sep 26, 2018-- global document scanner market research report forecasts the market to grow at a CAGR of over 14% during the forecast period.

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Technavio has published a new market research report on the global document scanner market for the period 2018-2022. (Graphic: Business Wire)

The growing demand for handheld document scanners will be one of the major trends during 2018-2022. Vendors have been focusing on innovating and adding new functionalities and features such as translations, definitions, and reading printed text aloud to handheld document scanners owing to their increasing popularity. In addition, a feature to store and send scanned content to systems will also be added to these scanners in the coming years.

This report is available at a USD 1,000 discount for a limited time only:

According to Technavio analysts, one of the key global document scanner market drivers is the enhancement of data security owing to the use of document scanners:

Global document scanner market: Enhancement of data security owing to the use of document scanners

Paper documents are usually stored in cabinets because of which they can be easily accessed and tampered with. However, a document can be easily encrypted, backed up, and tracked if the document is scanned. This will enhance the security of the data. The scanned documents can also be shared and utilized securely within the systems such as the enterprise customer relationship management, HR system, account package, and Sharepoint.

According to a senior analyst at Technavio for research on computing devices, “Paper documents are vulnerable to floods, fires, and other natural as well as manmade disasters. The recovery of the document can be made easier by scanning the document. The scanned documents can be backed up in hard drives or can be protected electronically with an e-vaulting solution. This will lead to an increase in the adoption of document scanners among enterprises.”

Global document scanner market: Segmentation analysis

The global document scanner market analysis report provides market segmentation by image sensor (CCD and CIS), by type (flatbed mechanics scanner and document scanner), by application (government, BFSI, IT, healthcare, education, and transportation), and by region (the Americas, APAC, and EMEA). This document scanner market forecast provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the two major segments based on the type of scanner, the flatbed scanner segment held the largest document scanner market share in 2017, contributing to around 60% of the market. This type of a scanner can scan documents of size up to 8.5 inches by 11.7 inches if the document is placed on the scanner’s glass platform.

The Americas held the largest share of the market in 2017, accounting for close to 41% share. It was followed by APAC and EMEA respectively. The Americas is expected to dominate the market throughout the period 2018-2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180926005884/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS DATA MANAGEMENT HARDWARE SECURITY

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/26/2018 02:12 PM/DISC: 09/26/2018 02:12 PM

http://www.businesswire.com/news/home/20180926005884/en

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