Intelligent Document Processing Market Outlook:
Intelligent Document Processing Market size was USD 3.0 billion in 2025 and is projected to reach USD 54.7 billion by the end of 2035, expanding at a CAGR of 33.4% during the forecast period, i.e., 2026-2035. In 2026, the industry size of intelligent document processing is assessed at USD 4.1 billion.
The global intelligent document processing (IDP) market is anticipated to expand rapidly, owing to the rising demand for relevant solutions across banking and finance, retail, healthcare, and other industries. Organizations in these industries are consistently adopting IDP solutions with the motive of achieving increased efficiency, reduced errors, scalability, cost-efficiency, and enhanced data analysis. For example, Discover Financial Services, a leading financial service provider, revealed its strategic partnership with Google Cloud to leverage Vertex AI in customer care centers in April 2024. The generative AI is empowering around 10,000 agents in the contact centers of the business with capabilities such as intelligent document summarization, real-time search assistance, and many more.
The global IDP market is driven by prominent strides in AI and automation. Technologies such as AI and ML are incorporated in IDP solutions to automate repetitive tasks, enhance data accuracy, and keep workflows streamlined in organizations. With rapid investments in the development of AI and ML technologies, IDP solutions are likely to be more advanced. As part of the Networking and Information Technology Research and Development (NITRD) Program, the U.S. government was granted USD 3316.1 million in AI research and development in 2025.
Estimated Share of Employment Exposed to Artificial Intelligence by Country Grouping, Percentage In 2023
Source: UNCTAD
