The global optical character recognition market size is expected to reach USD 32.90 billion by 2030, growing at a CAGR of 14.8% from 2023 to 2030. Digitalization plays a critical role in changing the way organizations operate, and it has helped companies improve the efficiency of their business processes. Enterprises invest large amounts in technologies that can help them digitalize their work process and increase productivity. Since data is a critical element for an organization, adopting technologies such as optical character recognition (OCR), which enables users to convert text data in different types of documents and images into editable or accessible formats, has increased. OCR solutions are integrated with various technologies such as robotic process automation and Artificial Intelligence (AI) to enhance their capabilities. For instance, in January 2023, Cognex Corporation, a provider of machine vision products, augmented the capabilities of its In
The integration of artificial intelligence with optical character recognition has helped companies in leveraging the technological capabilities of artificial intelligence such as deep learning and multi-level analysis for the efficient processing of documents, texts, and other data in a way similar to that of humans. These advanced technologies also help to address inaccuracies that occur in OCR, thereby providing streamlined fault management. This, in turn, helps reduce the costs of processing documents and increases efficiency within the organization. Furthermore, increasing penetration of optical character recognition in banks and financial institutions has bolstered the OCR market growth for B2B end-users. For instance, in November 2022, Contractor Compliance Inc., a provider of software solutions for vendor and contractor compliance requirements, announced the release of its (OCR) optical character recognition module, available to business clients with both automated and assisted approval workflows.
The OCR market can be described as a highly competitive market. The market vendors are pursuing various strategic initiatives to gain a competitive edge in the market. For instance, in January 2022, 6Sense, an AI-driven sales and marketing platform, acquired Saleswhale, a Singapore-based company. This acquisition would also help B2B organizations convert and manage their sales leads with the help of AI technologies like NLP, OCR ML, and other AI technologies. It would scale their business and enhance the products.
- Sight 2800 vision system to incorporate optical character recognition (OCR). The new tool, powered by edge learning technology, interprets human-readable characters on low-contrast, reflective, and non-flat surfaces.
The integration of artificial intelligence with optical character recognition has helped companies in leveraging the technological capabilities of artificial intelligence such as deep learning and multi-level analysis for the efficient processing of documents, texts, and other data in a way similar to that of humans. These advanced technologies also help to address inaccuracies that occur in OCR, thereby providing streamlined fault management. This, in turn, helps reduce the costs of processing documents and increases efficiency within the organization. Furthermore, increasing penetration of optical character recognition in banks and financial institutions has bolstered the OCR market growth for B2B end-users. For instance, in November 2022, Contractor Compliance Inc., a provider of software solutions for vendor and contractor compliance requirements, announced the release of its (OCR) optical character recognition module, available to business clients with both automated and assisted approval workflows.
The OCR market can be described as a highly competitive market. The market vendors are pursuing various strategic initiatives to gain a competitive edge in the market. For instance, in January 2022, 6Sense, an AI-driven sales and marketing platform, acquired Saleswhale, a Singapore-based company. This acquisition would also help B2B organizations convert and manage their sales leads with the help of AI technologies like NLP, OCR ML, and other AI technologies. It would scale their business and enhance the products.
Optical Character Recognition Market Report Highlights
- The software segment led the market in 2022, the high share is attributed to the software's ease of availability. Most optical character recognition software is available in open source, so organizations can quickly deploy it within their workflow
- The BFSI segment led the market in 2022 and is also expected to grow at the highest CAGR of over the forecast period. For instance, ABBYY, a digital intelligence company, provides digital banking solutions for banks and financial institutions. For instance, DBS Bank, a Singapore-based banking and financial services corporation, has employed ABBYY Mobile OCR Engine to extract and fill in the relevant information in its on-the-go loan application. It enhances and simplifies the customer experience with loans
- The B2B end-use segment led the market in 2022 and is also expected to attain the highest CAGR in the forecast period
- North America dominated the market in 2022, the American Foundation for the Blind, a U.S.-based non-profit organization, provides various assistive technology products, including OCR systems, for visually impaired people
Table of Contents
Chapter 1 Methodology And Scope1.1 Information Procurement And Research Scope
1.2 Information Analysis
1.3 Market Formulation & Data Visualization
1.4 Market Scope And Assumptions
1.5 List Of Data Sources
1.5.1 Secondary Sources
1.5.2 Primary Sources
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Global OCR Market
2.2.1 Global OCR Market, 2017 - 2030
2.2.2 Global OCR Market, By Region, 2017 - 2030
2.2.2.1 Key Trends, By Region, 2022
2.2.3 Global OCR Market, By Type, 2017 - 2030
2.2.3.1 Key Trends, By Type, 2022
2.2.3.2 Global OCR Market, By Software, 2017 - 2030
2.2.3.2.1 Global OCR Market, By Cloud-Based OCR, 2017 - 2030
2.2.3.3 Global OCR Market, By Services, 2017 - 2030
2.2.4 Global OCR Market, By Vertical, 2017 - 2030
2.2.4.1 Key Trends, By Vertical, 2022
2.2.5 Global OCR Market, By End-use, 2017 - 2030
2.2.5.1 Key Trends, By End-Use, 2022
Chapter 3 Market Variables, Trends & Scope
3.1 Market Segmentation
3.2 Market Definition
3.3 Market Scope
3.4 Penetration & Growth Prospect Mapping, 2030
3.5 Optical Character Recognition - Software Ecosystem Analysis
3.6 Market Dynamics
3.6.1 Market Driver Analysis
3.6.1.1 Increasing Adoption Of OCR Across Diversified Verticals
3.6.1.2 Growing Adoption Of OCR Due To The Integration Of Advanced Capabilities
3.6.1.3 Increasing Investments In OCR Startup Companies
3.6.2 Market Restraint Analysis
3.6.2.1 Limitations In Delivering Accurate Output
3.7 Technology Overview
3.8 Industry Analysis - Porter’s
3.8.1 Supplier Power: Low
3.8.2 Buyer Power: Moderate
3.8.3 Substitution Threat: Low
3.8.4 Threat from New Entrant: Moderate
3.8.5 Competitive Rivalry: High
3.9 PESTEL Analysis
3.9.1 Political Landscape
3.9.2 Economic Landscape
3.9.3 Social Landscape
3.9.4 Technology Landscape
3.9.5 Legal Landscape
3.10 Major Deals & Strategic Alliances Analysis
3.10.1 Mergers & Acquisitions and Technology Collaborations
3.11 Vendor Landscape - OCR Market
3.12 COVID-19 Impact Analysis
Chapter 4 Optical Character Recognition (OCR) Market: Type Estimates & Trend Analysis
4.1 Optical Character Recognition (OCR) Market: Type Movement Analysis
4.2 OCR Trends, By Type, 2022
4.3 Software
4.3.1 Global Software OCR Market, By Region, 2017 - 2030
4.3.2 Desktop-Based OCR
4.3.2.1 Global Desktop-Based OCR Market, By Region, 2017 - 2030
4.3.3 Mobile-Based OCR
4.3.3.1 Global Mobile-Based OCR Market, By Region, 2017 - 2030
4.3.4 Cloud-Based OCR
4.3.4.1 Global Cloud-Based OCR Market, By Region, 2017 - 2030
4.3.4.2 Private Cloud-Based OCR
4.3.4.2.1 Global Private Cloud-Based OCR Market, By Region, 2017 - 2030
4.3.4.3 Public Cloud-Based OCR
4.3.4.3.1 Global Public Cloud-Based OCR Market, By Region, 2017 - 2030
4.3.5 Others OCR Software
4.3.5.1 Global Others OCR Software Market, By Region, 2017 - 2030
4.4 Services
4.4.1 Global Services OCR Market, By Region, 2017 - 2030
4.4.2 consulting
4.4.2.1 Global Consulting Market, By Region, 2017 - 2030
4.4.3 Outsourcing
4.4.3.1 Global Outsourcing Market, By Region, 2017 - 2030
4.4.4 Implementation & Integration
4.4.4.1 Global Implementation & Integration Market, By Region, 2017 - 2030
Chapter 5 Optical Character Recognition (OCR) Market: Vertical Estimates & Trend Analysis
5.1 Optical Character Recognition (OCR) Market: Vertical Movement Analysis
5.2 OCR Trends, By Vertical, 2022
5.3 Retail
5.3.1 Global Retail OCR Market, By Region, 2017 - 2030
5.4 BFSI
5.4.1 Global BFSI OCR Market, By Region, 2017 - 2030
5.5 Government
5.5.1 Global Government OCR Market, By Region, 2017 - 2030
5.6 Education
5.6.1 Global Education OCR Market, By Region, 2017 - 2030
5.7 Transport And Logistics
5.7.1 Global Transport and Logistics OCR Market, By Region, 2017 - 2030
5.8 Healthcare
5.8.1 Global Healthcare OCR Market, By Region, 2017 - 2030
5.9 IT & Telecom
5.9.1 Global IT & Telecom OCR Market, By Region, 2017 - 2030
5.10 Manufacturing
5.10.1 Global Manufacturing OCR Market, By Region, 2017 - 2030
5.11 Others
5.11.1 Global Others OCR Market, By Region, 2017 - 2030
Chapter 6 Optical Character Recognition (OCR) Market: End-Use Estimates & Trend Analysis
6.1 Optical Character Recognition (OCR) Market: End-Use Movement Analysis
6.2 OCR Trends, By End-Use, 2022
6.3 B2B
6.3.1 Global B2B OCR Market, By Region, 2017 - 2030
6.4 B2C
6.4.1 Global B2C OCR Market, By Region, 2017 - 2030
Chapter 7 Optical Character Recognition (OCR) Market: Regional Estimates & Trend Analysis
7.1 Optical Character Recognition (OCR) Market: Regional Outlook
7.2 Optical Character Recognition (OCR) Market: Regional Movement Analysis
7.3 OCR Trends, By Region, 2022
7.4 North America
7.4.1 North America OCR Market, 2017 - 2030
7.4.2 North America OCR Market, By Type, 2017 - 2030
7.4.2.1 North America OCR Market, By Software, 2017 - 2030
7.4.2.2 North America OCR Market, By Services, 2017 - 2030
7.4.3 North America OCR Market, By Vertical, 2017 - 2030
7.4.4 North America OCR Market, By End-use, 2017 - 2030
7.4.5 U.S.
7.4.5.1 U.S. OCR Market, By Type, 2017 - 2030
7.4.5.1.1 U.S. OCR Market, By Software, 2017 - 2030
7.4.5.1.2 U.S. OCR Market, By Services, 2017 - 2030
7.4.5.2 U.S. OCR Market, By Vertical, 2017 - 2030
7.4.5.3 U.S. OCR Market, By End-Use, 2017 - 2030
7.4.6 Canada
7.4.6.1 Canada OCR Market, By Type, 2017 - 2030
7.4.6.1.1 Canada OCR Market, By Software, 2017 - 2030
7.4.6.1.2 Canada OCR Market, By Services, 2017 - 2030
7.4.6.2 Canada OCR Market, By Vertical, 2017 - 2030
7.4.6.3 Canada OCR Market, By End-Use, 2017 - 2030
7.4.7 Mexico
7.4.7.1 Mexico OCR Market, By Type, 2017 - 2030
7.4.7.1.1 Mexico OCR Market, By Software, 2017 - 2030
7.4.7.1.2 Mexico OCR Market, By Services, 2017 - 2030
7.4.7.2 Mexico OCR Market, By Vertical, 2017 - 2030
7.4.7.3 Mexico OCR Market, By End-Use, 2017 - 2030
7.5 Europe
7.5.1 Europe OCR Market, 2017 - 2030
7.5.2 Europe OCR Market, By Type, 2017 - 2030
7.5.2.1 Europe OCR Market, By Software, 2017 - 2030
7.5.2.2 Europe OCR Market, By Services, 2017 - 2030
7.5.3 Europe OCR Market, By Vertical, 2017 - 2030
7.5.4 Europe OCR Market, By End-use, 2017 - 2030
7.5.5 U.K.
7.5.5.1 U.K. OCR Market, By Type, 2017 - 2030
7.5.5.1.1 U.K. OCR Market, By Software, 2017 - 2030
7.5.5.1.2 U.K. OCR Market, By Services, 2017 - 2030
7.5.5.2 U.K. OCR Market, By Vertical, 2017 - 2030
7.5.5.3 U.K. OCR Market, By End-Use, 2017 - 2030
7.5.6 Germany
7.5.6.1 Germany OCR Market, By Type, 2017 - 2030
7.5.6.1.1 Germany OCR Market, By Software, 2017 - 2030
7.5.6.1.2 Germany OCR Market, By Services, 2017 - 2030
7.5.6.2 Germany OCR Market, By Vertical, 2017 - 2030
7.5.6.3 Germany OCR Market, By End-Use, 2017 - 2030
7.5.7 France
7.5.7.1 France OCR Market, By Type, 2017 - 2030
7.5.7.1.1 France OCR Market, By Software, 2017 - 2030
7.5.7.1.2 France OCR Market, By Services, 2017 - 2030
7.5.7.2 France OCR Market, By Vertical, 2017 - 2030
7.5.7.3 France OCR Market, By End-Use, 2017 - 2030
7.5.8 Italy
7.5.8.1 Italy OCR Market, By Type, 2017 - 2030
7.5.8.1.1 Italy OCR Market, By Software, 2017 - 2030
7.5.8.1.2 Italy OCR Market, By Services, 2017 - 2030
7.5.8.2 Italy OCR Market, By Vertical, 2017 - 2030
7.5.8.3 Italy OCR Market, By End-Use, 2017 - 2030
7.5.9 Spain
7.5.9.1 Spain OCR Market, By Type, 2017 - 2030
7.5.9.1.1 Spain OCR Market, By Software, 2017 - 2030
7.5.9.1.2 Spain OCR Market, By Services, 2017 - 2030
7.5.9.2 Spain OCR Market, By Vertical, 2017 - 2030
7.5.9.3 Spain OCR Market, By End-Use, 2017 - 2030
7.6 Asia Pacific (APAC)
7.6.1 APAC OCR Market, 2017 - 2030
7.6.2 APAC OCR Market, By Type, 2017 - 2030
7.6.2.1 APAC OCR Market, By Software, 2017 - 2030
7.6.2.2 APAC OCR Market, By Services, 2017 - 2030
7.6.3 APAC OCR Market, By Vertical, 2017 - 2030
7.6.4 APAC OCR Market, By End-use, 2017 - 2030
7.6.5 China
7.6.5.1 China OCR Market, By Type, 2017 - 2030
7.6.5.1.1 China OCR Market, By Software, 2017 - 2030
7.6.5.1.2 China OCR Market, By Services, 2017 - 2030
7.6.5.2 China OCR Market, By Vertical, 2017 - 2030
7.6.5.3 China OCR Market, By End-Use, 2017 - 2030
7.6.6 Japan
7.6.6.1 Japan OCR Market, By Type, 2017 - 2030
7.6.6.1.1 Japan OCR Market, By Software, 2017 - 2030
7.6.6.1.2 Japan OCR Market, By Services, 2017 - 2030
7.6.6.2 Japan OCR Market, By Vertical, 2017 - 2030
7.6.6.3 Japan OCR Market, By End-Use, 2017 - 2030
7.6.7 India
7.6.7.1 India OCR Market, By Type, 2017 - 2030
7.6.7.1.1 India OCR Market, By Software, 2017 - 2030
7.6.7.1.2 India OCR Market, By Services, 2017 - 2030
7.6.7.2 India OCR Market, By Vertical, 2017 - 2030
7.6.7.3 India OCR Market, By End-Use, 2017 - 2030
7.6.8 Australia
7.6.8.1 Australia OCR Market, By Type, 2017 - 2030
7.6.8.1.1 Australia OCR Market, By Software, 2017 - 2030
7.6.8.1.2 Australia OCR Market, By Services, 2017 - 2030
7.6.8.2 Australia OCR Market, By Vertical, 2017 - 2030
7.6.8.3 Australia OCR Market, By End-Use, 2017 - 2030
7.6.9 South Korea
7.6.9.1 South Korea OCR Market, By Type, 2017 - 2030
7.6.9.1.1 South Korea OCR Market, By Software, 2017 - 2030
7.6.9.1.2 South Korea OCR Market, By Services, 2017 - 2030
7.6.9.2 South Korea OCR Market, By Vertical, 2017 - 2030
7.6.9.3 South Korea OCR Market, By End-Use, 2017 - 2030
7.7 South America
7.7.1 South America OCR Market, 2017 - 2030
7.7.2 South America OCR Market, By Type, 2017 - 2030
7.7.2.1 South America OCR Market, By Software, 2017 - 2030
7.7.2.2 South America OCR Market, By Services, 2017 - 2030
7.7.3 South America OCR Market, By Vertical, 2017 - 2030
7.7.4 South America OCR Market, By End-use, 2017 - 2030
7.7.5 Brazil
7.7.5.1 Brazil OCR Market, By Type, 2017 - 2030
7.7.5.1.1 Brazil OCR Market, By Software, 2017 - 2030
7.7.5.1.2 Brazil OCR Market, By Services, 2017 - 2030
7.7.5.2 Brazil OCR Market, By Vertical, 2017 - 2030
7.7.5.3 Brazil OCR Market, By End-Use, 2017 - 2030
7.7.6 Argentina
7.7.6.1 Argentina OCR Market, By Type, 2017 - 2030
7.7.6.1.1 Argentina OCR Market, By Software, 2017 - 2030
7.7.6.1.2 Argentina OCR Market, By Services, 2017 - 2030
7.7.6.2 Argentina OCR Market, By Vertical, 2017 - 2030
7.7.6.3 Argentina OCR Market, By End-Use, 2017 - 2030
7.8 MEA
7.8.1 MEA OCR Market, 2017 - 2030
7.8.2 MEA OCR Market, By Type, 2017 - 2030
7.8.2.1 MEA OCR Market, By Software, 2017 - 2030
7.8.2.2 MEA OCR Market, By Services, 2017 - 2030
7.8.3 MEA OCR Market, By Vertical, 2017 - 2030
7.8.4 MEA OCR Market, By End-use, 2017 - 2030
7.8.5 Saudi Arabia
7.8.5.1 Saudi Arabia OCR Market, By Type, 2017 - 2030
7.8.5.1.1 Saudi Arabia OCR Market, By Software, 2017 - 2030
7.8.5.1.2 Saudi Arabia OCR Market, By Services, 2017 - 2030
7.8.5.2 Saudi Arabia OCR Market, By Vertical, 2017 - 2030
7.8.5.3 Saudi Arabia OCR Market, By End-Use, 2017 - 2030
7.8.6 UAE
7.8.6.1 UAE OCR Market, By Type, 2017 - 2030
7.8.6.1.1 UAE OCR Market, By Software, 2017 - 2030
7.8.6.1.2 UAE OCR Market, By Services, 2017 - 2030
7.8.6.2 UAE OCR Market, By Vertical, 2017 - 2030
7.8.6.3 UAE OCR Market, By End-Use, 2017 - 2030
Chapter 8 Competitive Landscape
8.1 ABBYY
8.1.1 Company Overview
8.1.2 Product Benchmarking
8.1.3 Strategic Initiatives
8.2 Adobe
8.2.1 Company Overview
8.2.2 Financial Performance
8.2.3 Product Benchmarking
8.2.4 Strategic Initiatives
8.3 Anyline Gmbh
8.3.1 Company Overview
8.3.2 Product Benchmarking
8.3.3 Strategic Initiatives
8.4 ATAPY Software
8.4.1 Company Overview
8.4.2 Product Benchmarking
8.4.3 Strategic Initiatives
8.5 Captricity Inc.
8.5.1 Company Overview
8.5.2 Product Benchmarking
8.5.3 Strategic Initiatives
8.6 Creaceed S.P.R.L.
8.6.1 Company Overview
8.6.2 Product Benchmarking
8.6.3 Strategic Initiatives
8.7 CVISION Technologies, Inc.
8.7.1 Company Overview
8.7.2 Product Benchmarking
8.7.3 Strategic Initiatives
8.8 Exper-OCR, Inc.
8.8.1 Company Overview
8.8.2 Product Benchmarking
8.9 Google LLC
8.9.1 Company Overview
8.9.2 Financial Performance
8.9.3 Product Benchmarking
8.9.4 Strategic Initiatives
8.10 International Business Machines Corporation
8.10.1 Company Overview
8.10.2 Financial Performance
8.10.3 Product Benchmarking
8.10.4 Strategic Initiatives
8.11 Intsig Information Co.,Ltd. Corporation
8.11.1 Company Overview
8.11.2 Product Benchmarking
8.11.3 Strategic Initiatives
8.12 IRIS S.A
8.12.1 Company Overview
8.12.2 Product Benchmarking
8.12.3 Strategic Initiatives
8.13 LEAD Technologies, Inc.
8.13.1 Company Overview
8.13.2 Product Benchmarking
8.13.3 Strategic Initiatives
8.14 Microsoft
8.14.1 Company Overview
8.14.2 Financial Performance
8.14.3 Product Benchmarking
8.14.4 Strategic Initiatives
8.15 NAVER Corp.
8.15.1 Company Overview
8.15.2 Financial Performance
8.15.3 Product Benchmarking
8.15.4 Strategic Initiatives
8.16 Nuance Communications, Inc.
8.16.1 Company Overview
8.16.2 Financial Performance
8.16.3 Product Benchmarking
8.16.4 Strategic Initiatives
8.17 Open Text Corporation
8.17.1 Company Overview
8.17.2 Financial Performance
8.17.3 Product Benchmarking
8.17.4 Strategic Initiatives
List of Tables
Table 1 Optical character recognition (OCR) market - Industry snapshot & key buying criteria, 2017 - 2030
Table 2 Global OCR market, 2017 - 2030 (USD Million)
Table 3 Global OCR market, by region, 2017 - 2030 (USD Million)
Table 4 Global OCR market, by type, 2017 - 2030 (USD Million)
Table 5 Global OCR market, by software, 2017 - 2030 (USD Million)
Table 6 Global OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 7 Global OCR market, by services, 2017 - 2030 (USD Million)
Table 8 Global OCR market, by vertical, 2017 - 2030 (USD Million)
Table 9 Global OCR market, by end-use, 2017 - 2030 (USD Million)
Table 10 OCR market - Key market driver impact
Table 11 OCR Market - Key market restraint impact
Table 12 Optical character recognition (OCR) - M&A, collaborations & partnership scenario
Table 13 South Korea OCR market vendor landscape
Table 14 Global software OCR market, by region, 2017 - 2030 (USD Million)
Table 15 Global desktop-based OCR market, by region, 2017 - 2030 (USD Million)
Table 16 Global mobile-based OCR market, by region, 2017 - 2030 (USD Million)
Table 17 Global cloud-based OCR market, by region, 2017 - 2030 (USD Million)
Table 18 Global private cloud-based OCR market, by region, 2017 - 2030 (USD Million)
Table 19 Global public cloud-based OCR market, by region, 2017 - 2030 (USD Million)
Table 20 Global others OCR software market, by region, 2017 - 2030 (USD Million)
Table 21 Global services OCR market, by region, 2017 - 2030 (USD Million)
Table 22 Global consulting market, by region, 2017 - 2030 (USD Million)
Table 23 Global outsourcing market, by region, 2017 - 2030 (USD Million)
Table 24 Global implementation & integration market, by region, 2017 - 2030 (USD Million)
Table 25 Global retail OCR market, by region, 2017 - 2030 (USD Million)
Table 26 Global BFSI OCR market, by region, 2017 - 2030 (USD Million)
Table 27 Global government OCR market, by region, 2017 - 2030 (USD Million)
Table 28 Global education OCR market, by region, 2017 - 2030 (USD Million)
Table 29 Global transport and logistics OCR market, by region, 2017 - 2030 (USD Million)
Table 30 Global healthcare OCR market, by region, 2017 - 2030 (USD Million)
Table 31 Global IT & telecom OCR market, by region, 2017 - 2030 (USD Million)
Table 32 Global manufacturing OCR market, by region, 2017 - 2030 (USD Million)
Table 33 Global others OCR market, by region, 2017 - 2030 (USD Million)
Table 34 Global B2B OCR market, by region, 2017 - 2030 (USD Million)
Table 35 Global B2C OCR market, by region, 2017 - 2030 (USD Million)
Table 36 North America OCR market, 2017 - 2030 (USD Million)
Table 37 North America OCR market, by type, 2017 - 2030 (USD Million)
Table 38 North America OCR market, by software, 2017 - 2030 (USD Million)
Table 39 North America OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 40 North America OCR market, by services, 2017 - 2030 (USD Million)
Table 41 North America OCR market, by vertical, 2017 - 2030 (USD Million)
Table 42 North America OCR market, by end-use, 2017 - 2030 (USD Million)
Table 43 U.S. OCR market, by type, 2017 - 2030 (USD Million)
Table 44 U.S. OCR market, by software, 2017 - 2030 (USD Million)
Table 45 U.S. OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 46 U.S. OCR market, by services, 2017 - 2030 (USD Million)
Table 47 U.S. OCR market, by vertical, 2017 - 2030 (USD Million)
Table 48 U.S. OCR market, by end-use, 2017 - 2030 (USD Million)
Table 49 Canada OCR market, by type, 2017 - 2030 (USD Million)
Table 50 Canada OCR market, by software, 2017 - 2030 (USD Million)
Table 51 Canada OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 52 Canada OCR market, by services, 2017 - 2030 (USD Million)
Table 53 Canada OCR market, by vertical, 2017 - 2030 (USD Million)
Table 54 Canada OCR market, by end-use, 2017 - 2030 (USD Million)
Table 55 Mexico OCR market, by type, 2017 - 2030 (USD Million)
Table 56 Mexico OCR market, by software, 2017 - 2030 (USD Million)
Table 57 Mexico OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 58 Mexico OCR market, by services, 2017 - 2030 (USD Million)
Table 59 Mexico OCR market, by vertical, 2017 - 2030 (USD Million)
Table 60 Mexico OCR market, by end-use, 2017 - 2030 (USD Million)
Table 61 Europe OCR market, 2017 - 2030 (USD Million)
Table 62 Europe OCR market, by type, 2017 - 2030 (USD Million)
Table 63 Europe OCR market, by software, 2017 - 2030 (USD Million)
Table 64 Europe OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 65 Europe OCR market, by services, 2017 - 2030 (USD Million)
Table 66 Europe OCR market, by vertical, 2017 - 2030 (USD Million)
Table 67 Europe OCR market, by end-use, 2017 - 2030 (USD Million)
Table 68 U.K. OCR market, by type, 2017 - 2030 (USD Million)
Table 69 U.K. OCR market, by software, 2017 - 2030 (USD Million)
Table 70 U.K. OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 71 U.K. OCR market, by services, 2017 - 2030 (USD Million)
Table 72 U.K. OCR market, by vertical, 2017 - 2030 (USD Million)
Table 73 U.K. OCR market, by end-use, 2017 - 2030 (USD Million)
Table 74 Germany OCR market, by type, 2017 - 2030 (USD Million)
Table 75 Germany OCR market, by software, 2017 - 2030 (USD Million)
Table 76 Germany OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 77 Germany OCR market, by services, 2017 - 2030 (USD Million)
Table 78 Germany OCR market, by vertical, 2017 - 2030 (USD Million)
Table 79 Germany OCR market, by end-use, 2017 - 2030 (USD Million)
Table 80 France OCR market, by type, 2017 - 2030 (USD Million)
Table 81 France OCR market, by software, 2017 - 2030 (USD Million)
Table 82 France OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 83 France OCR market, by services, 2017 - 2030 (USD Million)
Table 84 France OCR market, by vertical, 2017 - 2030 (USD Million)
Table 85 France OCR market, by end-use, 2017 - 2030 (USD Million)
Table 86 Italy OCR market, by type, 2017 - 2030 (USD Million)
Table 87 Italy OCR market, by software, 2017 - 2030 (USD Million)
Table 88 Italy OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 89 Italy OCR market, by services, 2017 - 2030 (USD Million)
Table 90 Italy OCR market, by vertical, 2017 - 2030 (USD Million)
Table 91 Italy OCR market, by end-use, 2017 - 2030 (USD Million)
Table 92 Spain OCR market, by type, 2017 - 2030 (USD Million)
Table 93 Spain OCR market, by software, 2017 - 2030 (USD Million)
Table 94 Spain OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 95 Spain OCR market, by services, 2017 - 2030 (USD Million)
Table 96 Spain OCR market, by vertical, 2017 - 2030 (USD Million)
Table 97 Spain OCR market, by end-use, 2017 - 2030 (USD Million)
Table 98 APAC OCR market, 2017 - 2030 (USD Million)
Table 99 APAC OCR market, by type, 2017 - 2030 (USD Million)
Table 100 APAC OCR market, by software, 2017 - 2030 (USD Million)
Table 101 APAC OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 102 APAC OCR market, by services, 2017 - 2030 (USD Million)
Table 103 APAC OCR market, by vertical, 2017 - 2030 (USD Million)
Table 104 APAC OCR market, by end-use, 2017 - 2030 (USD Million)
Table 105 China OCR market, by type, 2017 - 2030 (USD Million)
Table 106 China OCR market, by software, 2017 - 2030 (USD Million)
Table 107 China OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 108 China OCR market, by services, 2017 - 2030 (USD Million)
Table 109 China OCR market, by vertical, 2017 - 2030 (USD Million)
Table 110 China OCR market, by end-use, 2017 - 2030 (USD Million)
Table 111 Japan OCR market, by type, 2017 - 2030 (USD Million)
Table 112 Japan OCR market, by software, 2017 - 2030 (USD Million)
Table 113 Japan OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 114 Japan OCR market, by services, 2017 - 2030 (USD Million)
Table 115 Japan OCR market, by vertical, 2017 - 2030 (USD Million)
Table 116 Japan OCR market, by end-use, 2017 - 2030 (USD Million)
Table 117 India OCR market, by type, 2017 - 2030 (USD Million)
Table 118 India OCR market, by software, 2017 - 2030 (USD Million)
Table 119 India OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 120 India OCR market, by services, 2017 - 2030 (USD Million)
Table 121 India OCR market, by vertical, 2017 - 2030 (USD Million)
Table 122 India OCR market, by end-use, 2017 - 2030 (USD Million)
Table 123 Australia OCR market, by type, 2017 - 2030 (USD Million)
Table 124 Australia OCR market, by software, 2017 - 2030 (USD Million)
Table 125 Australia OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 126 Australia OCR market, by services, 2017 - 2030 (USD Million)
Table 127 Australia OCR market, by vertical, 2017 - 2030 (USD Million)
Table 128 Australia OCR market, by end-use, 2017 - 2030 (USD Million)
Table 129 South Korea OCR market, by type, 2017 - 2030 (USD Million)
Table 130 South Korea OCR market, by software, 2017 - 2030 (USD Million)
Table 131 South Korea OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 132 South Korea OCR market, by services, 2017 - 2030 (USD Million)
Table 133 South Korea OCR market, by vertical, 2017 - 2030 (USD Million)
Table 134 South Korea OCR market, by end-use, 2017 - 2030 (USD Million)
Table 135 South America OCR market, 2017 - 2030 (USD Million)
Table 136 South America OCR market, by type, 2017 - 2030 (USD Million)
Table 137 South America OCR market, by software, 2017 - 2030 (USD Million)
Table 138 South America OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 139 South America OCR market, by services, 2017 - 2030 (USD Million)
Table 140 South America OCR market, by vertical, 2017 - 2030 (USD Million)
Table 141 South America OCR market, by end-use, 2017 - 2030 (USD Million)
Table 142 Brazil OCR market, by type, 2017 - 2030 (USD Million)
Table 143 Brazil OCR market, by software, 2017 - 2030 (USD Million)
Table 144 Brazil OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 145 Brazil OCR market, by services, 2017 - 2030 (USD Million)
Table 146 Brazil OCR market, by vertical, 2017 - 2030 (USD Million)
Table 147 Brazil OCR market, by end-use, 2017 - 2030 (USD Million)
Table 148 Argentina OCR market, by type, 2017 - 2030 (USD Million)
Table 149 Argentina OCR market, by software, 2017 - 2030 (USD Million)
Table 150 Argentina OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 151 Argentina OCR market, by services, 2017 - 2030 (USD Million)
Table 152 Argentina OCR market, by vertical, 2017 - 2030 (USD Million)
Table 153 Argentina OCR market, by end-use, 2017 - 2030 (USD Million)
Table 154 MEA OCR market, 2017 - 2030 (USD Million)
Table 155 MEA OCR market, by type, 2017 - 2030 (USD Million)
Table 156 MEA OCR market, by software, 2017 - 2030 (USD Million)
Table 157 MEA OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 158 MEA OCR market, by services, 2017 - 2030 (USD Million)
Table 159 MEA OCR market, by vertical, 2017 - 2030 (USD Million)
Table 160 MEA OCR market, by end-use, 2017 - 2030 (USD Million)
Table 161 Saudi Arabia OCR market, by type, 2017 - 2030 (USD Million)
Table 162 Saudi Arabia OCR market, by software, 2017 - 2030 (USD Million)
Table 163 Saudi Arabia OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 164 Saudi Arabia OCR market, by services, 2017 - 2030 (USD Million)
Table 165 Saudi Arabia OCR market, by vertical, 2017 - 2030 (USD Million)
Table 166 Saudi Arabia OCR market, by end-use, 2017 - 2030 (USD Million)
Table 167 UAE OCR market, by type, 2017 - 2030 (USD Million)
Table 168 UAE OCR market, by software, 2017 - 2030 (USD Million)
Table 169 UAE OCR market, by cloud-based OCR, 2017 - 2030 (USD Million)
Table 170 UAE OCR market, by services, 2017 - 2030 (USD Million)
Table 171 UAE OCR market, by vertical, 2017 - 2030 (USD Million)
Table 172 UAE OCR market, by end-use, 2017 - 2030 (USD Million)
List of Figures
Fig. 1 Research process
Fig. 2 Market formulation
Fig. 3 Industry snapshot
Fig. 4 OCR market segmentation
Fig. 5 Penetration mapping, 2030
Fig. 6 OCR - Software ecosystem analysis
Fig. 7 Market dynamics
Fig. 8 OCR market share, by type, 2022 & 2030 (USD Million)
Fig. 9 OCR market share, by vertical, 2022 & 2030 (USD Million)
Fig. 10 OCR market share, by end-use, 2022 & 2030 (USD Million)
Fig. 11 OCR regional outlook, 2022 & 2030
Fig. 12 OCR market share, by region, 2022 & 2030 (USD Million)
Fig. 13 North America OCR market - Key takeaways, 2022 & 2030, Revenue (USD Million)
Fig. 14 U.S. OCR Market, 2017 - 2030 (USD Million)
Fig. 15 Canada OCR Market, 2017 - 2030 (USD Million)
Fig. 16 Mexico OCR Market, 2017 - 2030 (USD Million)
Fig. 17 Europe OCR market- Key takeaways, 2022 & 2030, Revenue (USD Million)
Fig. 18 U.K. OCR Market, 2017 - 2030 (USD Million)
Fig. 19 Germany OCR Market, 2017 - 2030 (USD Million)
Fig. 20 France OCR Market, 2017 - 2030 (USD Million)
Fig. 21 Italy OCR Market, 2017 - 2030 (USD Million)
Fig. 22 Spain OCR Market, 2017 - 2030 (USD Million)
Fig. 23 Asia Pacific OCR market- Key takeaways, 2022 & 2030, Revenue (USD Million)
Fig. 24 China OCR Market, 2017 - 2030 (USD Million)
Fig. 25 Japan OCR Market, 2017 - 2030 (USD Million)
Fig. 26 India OCR Market, 2017 - 2030 (USD Million)
Fig. 27 Australia OCR Market, 2017 - 2030 (USD Million)
Fig. 28 South Korea OCR Market, 2017 - 2030 (USD Million)
Fig. 29 South America OCR market- Key takeaways, 2022 & 2030, Revenue (USD Million)
Fig. 30 Brazil OCR Market, 2017 - 2030 (USD Million)
Fig. 31 Argentina OCR Market, 2017 - 2030 (USD Million)
Fig. 32 MEA OCR market- Key takeaways, 2022 & 2030, Revenue (USD Million)
Fig. 33 Saudi Arabia OCR Market, 2017 - 2030 (USD Million)
Fig. 34 UAE OCR Market, 2017 - 2030 (USD Million)
Companies Mentioned
- ABBYY
- Adobe
- Anyline Gmbh
- ATAPY Software
- Captricity Inc.
- Creaceed S.P.R.L.
- CVISION Technologies, Inc.
- Exper-OCR, Inc.
- Google LLC
- International Business Machines Corporation
- Intsig Information Co.,Ltd. Corporation
- IRIS S.A
- LEAD Technologies, Inc.
- Microsoft
- NAVER Corp.
- Nuance Communications, Inc.
- Open Text Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 100 |
| Published | January 2023 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 12.56 Billion |
| Forecasted Market Value ( USD | $ 32.9 Billion |
| Compound Annual Growth Rate | 14.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 17 |
