Why Intelligent Document Processing Is Becoming a Strategic Priority
QKS Group reveals that the Intelligent Document Processing (IDP) market is projected to register significant CAGR growth through 2028, reflecting increasing enterprise demand for automation, risk mitigation, and secure data handling. As organizations expand their global operations, they increasingly collaborate with third-party vendors, suppliers, and contractors to optimize costs, accelerate market entry, improve productivity, and strengthen competitiveness. However, these partnerships require the exchange of large volumes of sensitive information, including personally identifiable information (PII), financial records, contracts, and compliance documents. This growing reliance on external ecosystems significantly heightens the risk of data exposure and breaches. The rapid growth of globalization and digital connectivity has further intensified dependence on third-party service providers for critical functions such as payroll, procurement, compliance management, and fin...