An OCR (Optical Character Recognition)system is a computerized scanning system enabling you to scan text documents into an electronic computer file which you can then edit using a word processor on your computer. Optical Character Recognition is the machine recognition of printedtext characters.
This report contains market size and forecasts of Optical Character Recognition (OCR) Systems in Global, including the following market information:
Global Optical Character Recognition (OCR) Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Optical Character Recognition (OCR) Systems market was valued at 811.2 million in 2021 and is projected to reach US$ 1492.6 million by 2028, at a CAGR of 9.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Software Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Optical Character Recognition (OCR) Systems include Google, Microsoft, ABBYY, Adobe, Captricity, Anyline, IBM, CC Intelligence Corporation and Exper-OCR, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Optical Character Recognition (OCR) Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Optical Character Recognition (OCR) Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Optical Character Recognition (OCR) Systems Market Segment Percentages, by Type, 2021 (%)
Software
Services
Global Optical Character Recognition (OCR) Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Optical Character Recognition (OCR) Systems Market Segment Percentages, by Application, 2021 (%)
IT & Telecom
Media & Entertainment
BFSI
Transport and Logistics
Retail & Manufacturing
Healthcare
Government & Education
Other
Global Optical Character Recognition (OCR) Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Optical Character Recognition (OCR) Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Optical Character Recognition (OCR) Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Optical Character Recognition (OCR) Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Google
Microsoft
ABBYY
Adobe
Captricity
Anyline
IBM
CC Intelligence Corporation
Exper-OCR
Creaceed
LEAD Technologies