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Optical Character-Recognition Software Developers in the US

IBISWorld, May 2012, Pages: 32

Clear focus: Renewed business investment and improved technology will enable growth

Optical Character-Recognition Software Developers

Clear focus

Demand for optical character-recognition software will pick up over the next five years. Industry revenue declined marginally during the recession, as private investment took a hit, but businesses will resume spending on OCR software in the coming years. In particular, as medical records move online, businesses will need the software to assist in the process.

This industry develops and distributes optical character recognition software, which electronically translates scanned images of handwritten, typewritten or printed text into machine-encoded text. This software is used to convert books and documents into electronic files, to computerize record-keeping systems in offices and to publish text onto websites.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

MAJOR COMPANIES.

Nuance Communications Inc.

I.R.I.S.

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Optical Character-Recognition Software Developers in the US

IBISWorld, May 2012, Pages: 32

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