The Future of IDP: How AI and GenAI Are Redefining Document Automation

 

QKS Group’s Intelligent Document Processing (IDP) market research delivers an in-depth assessment of the global IDP landscape, highlighting emerging technologies, evolving market dynamics, and the long-term outlook of the industry. The study provides actionable, strategic intelligence for technology vendors to sharpen their growth strategies and navigate competitive pressures, while also enabling enterprise buyers to evaluate vendor capabilities, differentiation, and overall market positioning.

A core component of the research is a comprehensive competitive benchmarking and vendor assessment, powered by the proprietary SPARK Matrix. The SPARK Matrix benchmarks and positions leading IDP vendors based on technology excellence and customer impact, offering a clear view of vendors with significant global presence.

The evaluation includes prominent vendors such as ABBYY, AntWorks, Appian, Automation Anywhere, Datamatics, EdgeVerve, EXL, HCL Technologies, Hyland, Hyperscience, Infrrd, Instabase, Iron Mountain, KnowledgeLake, Kodak Alaris, Microsoft, Nividous, OpenBots, OpenText, Parashift AG, Roots, Rossum, Tungsten Automation, UiPath, UST, and Visionet Systems.

According to Associate Director (Research) at QKS Group, the global Intelligent Document Processing market is rapidly evolving from traditional capture-focused tools to intelligent, AI-driven platforms that act as an enterprise-wide “document intelligence” layer. Capabilities once limited to OCR and rigid, template-based extraction have matured into strategic enablers, integrating cognitive capture, template-free learning, and GenAI-powered contextual understanding and summarization.

Modern IDP platforms are increasingly embedding ModelOps, robust governance frameworks, and low-code usability to ensure enterprise-scale deployment without sacrificing accuracy, compliance, or control. As organizations grapple with surging volumes of unstructured data and move toward agentic automation, IDP is emerging as a foundational capability—transforming documents into reliable, actionable knowledge assets and enabling intelligent, compliant, and agile end-to-end business operations.

Frequently Asked Questions (FAQs)

1. What is Intelligent Document Processing (IDP)?

IDP uses AI technologies such as machine learning, NLP, and GenAI to extract, classify, and interpret data from unstructured documents, converting them into structured and actionable insights.

2. How is modern IDP different from traditional OCR solutions?

Unlike OCR, modern IDP platforms provide contextual understanding, template-free learning, and intelligent summarization, enabling higher accuracy and adaptability across diverse document types.

3. What insights does QKS Group’s IDP market research provide?

The research offers market trends, technology evolution, vendor benchmarking, competitive analysis, and future outlook to support both vendors and enterprise buyers.

4. What is the SPARK Matrix?

The SPARK Matrix is QKS Group’s proprietary vendor evaluation framework that ranks IDP vendors based on technology excellence and customer impact.

5. Who should use this IDP market research?

Technology vendors, enterprise decision-makers, system integrators, and strategy teams evaluating IDP platforms and market opportunities.

6. Why is GenAI important in IDP platforms?

GenAI enhances contextual understanding, document summarization, and insight generation, making IDP a strategic intelligence layer rather than a simple automation tool.

Custom Research Service

Our custom research service is designed to meet the client’s specific requirements by providing a customized, in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic to help companies successfully address business challenges. Our team of experienced consultants can help you achieve short-term and long-term business goals.