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Article: Worldwide Document Capture Software Market Worth $1.7bn Growing and Evolving in Response to Global Changes.(Industry overview)
- Article from:
- Business Wire
- Article date:
- August 18, 2008
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Copyright informationCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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15.1% CAGR Forecast Through 2011 - Transaction Capture Fastest Growing Segment in 2007
EAST NORTHPORT, N.Y. -- According to Harvey Spencer Associates' newly published fourth annual report The Worldwide Market for Document Capture Software 2007-2011, the 2007 global $1.7bn capture market is transitioning from Batch Scanning to Transactional Scanning. "Previously, Batch Scanning has had a significantly higher CAGR than other segments of the document capture software market that we track. We are now seeing the Transaction Capture segment having the highest CAGR going forward. Although we have some concerns regarding the world economy that may negatively affect growth, from a ...