We've published our comprehensive analysis of the intelligent document processing market for November 2025, covering 60+ vendors across the IDP ecosystem with detailed market analysis and strategic insights.
📖 Read the full report:
https://idp-software.com/news/2025-11-news/
Key Highlights
Market Trends:
- Vertical AI platforms emerge as dominant architecture, with industry-specific solutions outperforming generic AI tools
- AI orchestration market projected to grow from $11.02B (2025) to $30.23B (2030) at 22.3% CAGR
- 78% of enterprises now using AI-powered IDP solutions, with 66% replacing legacy OCR systems
- Security and governance transform from nice-to-have to mission-critical requirements
- Healthcare sector leads vertical specialization with $29.28B process mining market by 2032
Major Developments:
- Aptean launched AppCentral 2.0 as "Vertical AI platform leader" for manufacturing, distribution, and food sectors
- Appian achieved 95% insurance approval rates (up from 20%) at Acclaim Autism, reducing processing time from 6 months to under 1 month
- Coforge delivered exceptional Q2 results with 86% profit growth and 10 bps market share gain
- Duco announced agentic workspace for Q1 2026, positioning as "trusted control layer in an agentic world"
- IBM's Docling released v2.64.0 with MCP server integration for agentic applications
- UiPath founder Daniel Dines returned as CEO, marking strategicpivot to enterprise AI automation
- OpenText underwent major transformation with new interim CEO and AI-first strategy
- Conduent faced $50M cybersecurity crisis affecting 10.5M individuals
Market Growth:
- AI in Financial Services: $18B (2024) → $87B (2029)
- Document Management Systems: $7.42B (2025) → $25.28B (2033) at 16.59% CAGR
- Healthcare benefits enrollment automation: 30% processing speed improvements, 50% more applications processed
Platform & Ecosystem:
- Added 6 new vendors: SmartExtract, Koncile, AnyParser, Parsewise, Chunkr, LandingAI
- Revised 24 vendor pages with updated capabilities and market positioning
- Expanded contribution guidelines for IDP vendor submissions
Strategic Acquisitions:
- Xerox completed $1.5B Lexmark acquisition with CFO transition
- NetDocuments acquired OpenText's eDocs division for $163M
- Eigen Technologies merger discussions with TPG Capital and Warburg Pincus (>$500M stake)
- Automation Anywhere acquired Aisera for AI-powered service management