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Annual Report 2009
With this market accounting for 42% of total revenue in 2007, Esker now has a balanced geographical sales mix
between Europe and the American continent. The US’s contribution to total Group sales nevertheless declined 1
point (43 % in 2008) on the 4.8% drop in activity in that market in 2009 compared with 3.6% in 2008. This drop in
revenue was however partially offset by the US dollar’s rise over the same period.
• 3.2.2. Document process automation
Document process automation solutions represent an emerging market for which few technology research firms
have produced studies. Electronic document delivery is still largely based on non-integrated processes covering
only a single channel (for example, fax or traditional printing). Nevertheless, data provided by different studies
offer initial indications concerning the size of this market.
For example, the IDC study that Esker commissioned in March 2006 highlighted the following trends:
Millions of USD
2000
1600
1200
800
21.8%
732
601
24.2%
1662
23.2%
22.5%
1120 21.1%
1372
910
30%
20%
10%
Annual growth rate
400
0
2004 2005 2006 2007 2008 2009
0%
The worldwide market is expected to represent €1.6 billion in 2009 with average annual growth of 23%.
According to IDC, average growth in the document process automation market in Europe will exceed the
worldwide rate. Accordingly, the average annual rate of growth in Europe would be 23.1% between 2006 and
2009 and the market for licenses and maintenance will increase from $196 million in 2005 to $519 million in 2009.
• 3.2.3. Fax servers
According to the research firm Peter Davidson, the market for fax servers represented $270 million in 2005,
remaining stable in relation to 2004. Up until 2010, this market is expected to pursue marginal growth of 8%.
Market size (M$)
450
400
350
300
250
200
150
100
50
0
400
357
332
305
270 280
12%
8.80%
8.90%
7.50%
0.40%
0
2005 2006 2007 2008 2009 2010
20%
18%
16%
14%
12%
10%
8%
6%
4%
2%
0%
Annual growth rate
16