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Optical Character Recognition Market, by Type (Software, Service), End-use (Retail, Government, BFSI, Education, Transport & Logistics, Healthcare, Media & Entertainment, IT & Telecom, Manufacturing) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

ICT290 October 2017 100+ FREE 10% CUSTOMIZATION

Optical character recognition is the identification of printed characters using photoelectric devices and computer software. It is the mechanical or electronic conversion of images of types, handwritten or printed text into machine-encoded text, may be from a scanned document or a scene-photo. It is used as a form of information entry medium for printed data records such as passport documents, bank statements, invoices, business cards, and so on. This report studies the current and future aspects of the optical character recognition market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the optical character recognition market. The scope of this report covers the optical character recognition market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The global optical character recognition market is growing at a fast pace during the forecasted period mainly because of emergence of mergers and acquisitions and expansion of carefully-considered partnerships.
  • Offices are using optical character recognition to digitize documents and communications that have remained resistant to speed and accuracy, this feature is promoting the market growth. Optical character recognition is used to scan PDF files or images; hence, it is boosting the market growth further.
  • It reduces the overall cost of data capturing and helps in developing more reliable systems. This feature is contributing towards the growth of optical character recognition market.

The global optical character recognition market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The North America region holds the highest market share and is the largest revenue contributor of optical character recognition market. The region continues to dominate the global market during the forecasted period because of heavy investments made in technology. Next in line is the Asia Pacific region which is witnessing a rapid market growth during because of rapid infrastructure development and changing government policies and regulations.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s optical character recognition market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the optical character recognition market by the following segments:

  • Optical Character Recognition Market, by Type
    • Software
    • Service
  • Optical Character Recognition Market, by End-use
    • Retail
    • Government
    • BFSI
    • Education
    • Transport & Logistics
    • Healthcare
    • Media & Entertainment
    • IT & Telecom
    • Manufacturing

KEY MARKET PLAYERS

Key players in the optical character recognition market include:

  • ABBY Software Ltd.
  • Anyline GmbH
  • Adobe Systems Incorporated
  • ATAPY Software
  • CCi Intelligence Co. Ltd.
  • Creaceed S.P.R.L.
  • Captricity, CVSION Technologies Inc.
  • Exper-OCR Inc.
  • Google Inc.
  • IBM Corporation

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. OPTICAL CHARACTER RECOGNITION MARKET, BY TYPE
    1. Segment Share
    2. By Type
      1. Software
      2. Service
  6. OPTICAL CHARACTER RECOGNITION MARKET, BY END-USE
    1. Segment Share
    2. By End-use
      1. Retail
      2. Government
      3. BFSI
      4. Education
      5. Transport & Logistics
      6. Healthcare
      7. Media & Entertainment
      8. IT & Telecom
      9. Manufacturing
  7. OPTICAL CHARACTER RECOGNITION MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Type
      3. By End-use
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type
      3. By End-use
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type
      3. By End-use
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type
      3. By End-use
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Type
      3. By End-use
  8. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  9. KEY MARKET PLAYERS
    1. ABBY Software Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Anyline GmbH
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Adobe Systems Incorporated
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. ATAPY Software
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. CCi Intelligence Co. Ltd.
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Creaceed S.P.R.L.
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Captricity, CVSION Technologies Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Exper-OCR Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Google Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. IBM Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
  10. SCALAR 360 DEGREE MARKET PERSPECTIVE
  11. APPENDIX
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