Press release
Increased Adoption Throughout Various Verticals Drives Growth in the Global Optical Character Recognition Market
OPTICAL CHARACTER RECOGNITION MARKET
Browse 51 market data Tables and 45 figures spread over 188 Pages, along with an in-depth analysis of the Global Optical Character Recognition Market by Component, End-User, Industry & by Geography
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/optical-character-recognition-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
The United States optical character recognition market is set to develop with a CAGR of 15.16% across the forecasting years 2022 to 2028.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/united-states-optical-character-recognition-market/
Global Optical Character Recognition Market Scenario
The development of the worldwide optical character recognition market is mainly attributed to the rising use of OCR in many verticals, better customer service, more document security, and the growing acceptance of OCR solution developers in cutting-edge technology.
With the use of optical character recognition technology, text in movies and photos may be edited. Applications for OCR are found in many different sectors. For example, OCR is used in the logistics and transportation industry to track and scan postal codes and numbers rather than physically writing them down. This element thereby speeds up package processing, tracking, and shipment overall, which lowers costs. In contrast, OCR-based systems are used in the banking sector to scan different kinds of receipts, papers, and checks, and then all the data is converted into an editable format. Therefore, over the anticipated years, the expansion of the worldwide optical character recognition market is fuelled by the use of OCR across numerous sectors.
The Global Optical Character Recognition Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Optical Character Recognition Market by End-User, Industry, Component & by Geography: https://www.inkwoodresearch.com/reports/Optical-character-recognition-market/#request-free-sample
Market Segmentation
Market by Component
• Software
• Service
Market by Industry
• BFSI
• Transport & Logistic
• IT & Telecom
• Manufacturing
• Retail
• Healthcare
• Government
• Education
• Others
Market by End-User
• B2B
• B2C
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• NUANCE COMMUNICATIONS INC
• ADOBE SYSTEMS INC
• ABBYY
• MICROSOFT CORP
• GOOGLE LLC
• FOXIT SOFTWARE INC
• EXPERVISION INC
• IRIS GROUP SA
• LEAD TECHNOLOGIES
• INTSIG INFORMATION CO LTD
• IBM
• CREACEED
• CAPTRICITY INC (ACQUIRED BY SS&C)
• ANYLINE GMBH
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