Optical character recognition is a technology has literally revolutionized the document management process in various sectors, namely legal, banking, education, healthcare, finance, and government. It has helped to transform offices into a paperless ones by helping to digitize documents and communications that have remained resistant to digitization with speed and accuracy. Those include scanned paper documents and PDF files or images captured by a digital camera.
Further, the advancement of optical character recognition from a special purpose reader to a multi-purpose interactive system has lowered the cost of data capturing and has paved the way for the development of more reliable systems. This will also have a positive impact on the market.
In 2018, the global Optical Character Recognition market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Optical Character Recognition status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Optical Character Recognition development in United States, Europe and China.
The key players covered in this study
ABBY Software
Anyline
Adobe Systems
ATAPY Software
CCi Intelligence
Creaceed
Captricity
Exper-OCR
Google
IBM
LEAD Technologies
Microsoft
Nuance Communications
Market segment by Type, the product can be split into
Desktop based OCR
Mobile based OCR
Cloud based OCR
Other
Market segment by Application, split into
IT & Telecom
Media & Entertainment
Others
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Optical Character Recognition status, future forecast, growth opportunity, key market and key players.
To present the Optical Character Recognition development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Optical Character Recognition are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Optical Character Recognition . Industry analysis & Market Report on Optical Character Recognition is a syndicated market report, published as Global Optical Character Recognition Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of Optical Character Recognition market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.