Industries worldwide are struggling with vast volumes of documents in varied formats that require timely and accurate processing. Intelligent Document Processing (IDP) integrates advanced OCR, natural language processing, and machine learning techniques to convert unstructured documents into validated, machine-readable data. This transformation reduces manual effort, errors, and compliance risks. The technology addresses urgent needs in sectors such as banking, insurance, legal, healthcare, and logistics, where regulatory scrutiny and digital transformation efforts are intensifying. The UK is a leading adopter, focusing on back-office automation amid a shortage of specialized AI talent. Indian software firms are targeting this niche with their expertise in building scalable AI-driven enterprise systems, highlighting a shift from traditional IT services to product innovation. Future competition in this emerging category will prioritize high accuracy, governance controls, sector-specific solutions, and robust deployment support. As organizations increasingly view IDP as core infrastructure, its role within enterprise automation is set to expand significantly over time.