+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

Global Optical Character Recognition Market (2019-2025)

  • ID: 4825859
  • Report
  • July 2019
  • Region: Global
  • 321 pages
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
1 of 4

Enquire about COVID-19 updates for this product.

Enquire Now

FEATURED COMPANIES

  • Accusoft Corporation
  • Adobe, Inc.
  • Anyline GmbH
  • Google, Inc.
  • IBM Corporation
  • LEAD Technologies, Inc.
  • MORE
The Global Optical Character Recognition Market size is expected to reach $12.6 billion by 2025, rising at a market growth of 13.3% CAGR during the forecast period.

Optical character recognition (OCR) is the technology used to distinguish printed or handwritten text characters within digital images of physical documents like scanned paper documents. A basic OCR process includes examination of the text of a document and translating its characters into a code which can be used to process the data. OCR systems are made up of a combination of hardware and software which is used for converting physical documents into machine-readable texts. Hardware systems like optical scanner or specialized circuit board are used for copying or reading text. While on the other hand, software systems typically handle the advanced processing. Also, software can take advantage of artificial intelligence (AI) for implementing more advanced methods of intelligent character recognition (ICR), for example, identifying languages or styles of handwriting.

The demand for OCR technology is increasing due to the emerging need for ID verification services; these services using OCR technology to read credentials from an official document can solve the issue of time-consuming ID verification process. On the other hand, Shufti Pro (an identification service) has already developed its KYC verification and ID verification services on Artificial Intelligence technology. It was simpler for Shufti Pro to give an identity verification solution based on OCR technology and it is popularly called as InstantCapture Solution. It enables customers to perform identity verification and KYC verification of their customers in a prompt and hassle-free manner.

Based on Component, the market is segmented into Software and Services. Software segment is further segmented into Desktop Based, Mobile Based, Cloud Based and Others. Services segment is further bifurcated into Integration & Deployment, Advisory & Consulting and Support & Maintenance. Based on End User, the market is segmented into BFSI, Healthcare & Life Sciences, Energy & Utilities, Education & Legal, Telecom & IT, Government & Public Sector and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Google, Inc., Nuance Communications, Inc., Adobe, Inc., Accusoft Corporation, Ricoh Company Limited, Anyline GmbH, NTT Data Corporation and LEAD Technologies, Inc.

Scope of the Study

Market Segmentation:

By Component
  • Software
  • Desktop Based
  • Mobile Based
  • Cloud Based
  • Others
  • Services Type
  • Integration & Deployment
  • Advisory & Consulting
  • Support & Maintenance
By End User
  • BFSI
  • Healthcare & Life Sciences
  • Energy & Utilities
  • Education & Legal
  • Telecom & IT
  • Government & Public Sector
  • Others
By Geography
  • North America
  • US
  • Canada
  • Mexico
  • Rest of North America
  • Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
  • LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
Companies Profiled
  • IBM Corporation
  • Microsoft Corporation
  • Google, Inc.
  • Nuance Communications, Inc.
  • Adobe, Inc.
  • Accusoft Corporation
  • Ricoh Company Limited
  • Anyline GmbH
  • NTT Data Corporation
  • LEAD Technologies, Inc.
Unique Offerings from the Research
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Accusoft Corporation
  • Adobe, Inc.
  • Anyline GmbH
  • Google, Inc.
  • IBM Corporation
  • LEAD Technologies, Inc.
  • MORE

Chapter 1. Market Scope and Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Optical Character Recognition Market, by Component
1.4.2 Global Optical Character Recognition Market, by End User
1.4.3 Global Optical Character Recognition Market, by Geography
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Market Analysis
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Expansion
3.2.3 Mergers and Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2018)
3.3.2 Key Strategic Move: Leading Players

Chapter 4. Global Optical Character Recognition Market by Component
4.1 Global Optical Character Recognition Software Market by Region
4.2 Global Optical Character Recognition Software Market by Type
4.2.1 Global Optical Character Recognition Desktop Based Market by Region
4.2.2 Global Optical Character Recognition Mobile Based Market by Region
4.2.3 Global Optical Character Recognition Cloud-Based Market by Region
4.2.4 Global Other Software Type Optical Character Recognition Market by Region
4.3 Global Optical Character Recognition Services Market by Region
4.4 Global Optical Character Recognition Services Market by Type
4.4.1 Global Optical Character Recognition Integration and Deployment Market by Region
4.4.2 Global Optical Character Recognition Advisory and Consulting Market by Region
4.4.3 Global Optical Character Recognition Support and Maintenance Market by Region

Chapter 5. Global Optical Character Recognition Market by End User
5.1.1 Global BFSI Optical Character Recognition Market by Region
5.1.2 Global Healthcare and Life Sciences Optical Character Recognition Market by Region
5.1.3 Global Energy and Utilities Optical Character Recognition Market by Region
5.1.4 Global Education and Legal Optical Character Recognition Market by Region
5.1.5 Global Telecom and IT Optical Character Recognition Market by Region
5.1.6 Global Government and Public Sector Optical Character Recognition Market by Region
5.1.7 Global Others Optical Character Recognition Market by Region

Chapter 6. Global Optical Character Recognition Market by Region
6.1 North America Optical Character Recognition Market
6.1.1 North America Optical Character Recognition Market by Component
6.1.1.1 North America Optical Character Recognition Software Market by Country
6.1.1.2 North America Optical Character Recognition Software Market by Type
6.1.1.2.1 North America Optical Character Recognition Desktop Based Market by Country
6.1.1.2.2 North America Optical Character Recognition Mobile Based Market by Country
6.1.1.2.3 North America Optical Character Recognition Cloud Based Market by Country
6.1.1.2.4 North America Other Software Type Optical Character Recognition Market by Country
6.1.1.3 North America Optical Character Recognition Services Market by Country
6.1.1.4 North America Optical Character Recognition Services Market by Type
6.1.1.4.1 North America Optical Character Recognition Integration and Deployment Market by Country
6.1.1.4.2 North America Optical Character Recognition Advisory and Consulting Market by Country
6.1.1.4.3 North America Optical Character Recognition Support and Maintenance Market by Country
6.1.2 North America Optical Character Recognition Market by End User
6.1.2.1 North America BFSI Optical Character Recognition Market by Country
6.1.2.2 North America Healthcare and Life Sciences Optical Character Recognition Market by Country
6.1.2.3 North America Energy and Utilities Optical Character Recognition Market by Country
6.1.2.4 North America Education and Legal Optical Character Recognition Market by Country
6.1.2.5 North America Telecom and IT Optical Character Recognition Market by Country
6.1.2.6 North America Government and Public Sector Optical Character Recognition Market by Country
6.1.2.7 North America Others Optical Character Recognition Market by Country
6.1.3 North America Optical Character Recognition Market by Country
6.1.3.1 US Optical Character Recognition Market
6.1.3.1.1 US Optical Character Recognition Market by Component
6.1.3.1.2 US Optical Character Recognition Market by End User
6.1.3.2 Canada Optical Character Recognition Market
6.1.3.2.1 Canada Optical Character Recognition Market by Component
6.1.3.2.2 Canada Optical Character Recognition Market by End User
6.1.3.3 Mexico Optical Character Recognition Market
6.1.3.3.1 Mexico Optical Character Recognition Market by Component
6.1.3.3.2 Mexico Optical Character Recognition Market by End User
6.1.3.4 Rest of North America Optical Character Recognition Market
6.1.3.4.1 Rest of North America Optical Character Recognition Market by Component
6.1.3.4.2 Rest of North America Optical Character Recognition Market by End User
6.2 Europe Optical Character Recognition Market
6.2.1 Europe Optical Character Recognition Market by Component
6.2.1.1 Europe Optical Character Recognition Software Market by Country
6.2.1.2 Europe Optical Character Recognition Software Market by Type
6.2.1.2.1 Europe Optical Character Recognition Desktop Based Market by Country
6.2.1.2.2 Europe Optical Character Recognition Mobile Based Market by Country
6.2.1.2.3 Europe Optical Character Recognition Cloud Based Market by Country
6.2.1.2.4 Europe Other Software Type Optical Character Recognition Market by Country
6.2.1.3 Europe Optical Character Recognition Services Market by Country
6.2.1.4 Europe Optical Character Recognition Services Market by Type
6.2.1.4.1 Europe Optical Character Recognition Integration and Deployment Market by Country
6.2.1.4.2 Europe Optical Character Recognition Advisory and Consulting Market by Country
6.2.1.4.3 Europe Optical Character Recognition Support and Maintenance Market by Country
6.2.2 Europe Optical Character Recognition Market by End User
6.2.2.1 Europe BFSI Optical Character Recognition Market by Country
6.2.2.2 Europe Healthcare and Life Sciences Optical Character Recognition Market by Country
6.2.2.3 Europe Energy and Utilities Optical Character Recognition Market by Country
6.2.2.4 Europe Education and Legal Optical Character Recognition Market by Country
6.2.2.5 Europe Telecom and IT Optical Character Recognition Market by Country
6.2.2.6 Europe Government and Public Sector Optical Character Recognition Market by Country
6.2.2.7 Europe Others Optical Character Recognition Market by Country
6.2.3 Europe Optical Character Recognition Market by Country
6.2.3.1 Germany Optical Character Recognition Market
6.2.3.1.1 Germany Optical Character Recognition Market by Component
6.2.3.1.2 Germany Optical Character Recognition Market by End User
6.2.3.2 UK Optical Character Recognition Market
6.2.3.2.1 UK Optical Character Recognition Market by Component
6.2.3.2.2 UK Optical Character Recognition Market by End User
6.2.3.3 France Optical Character Recognition Market
6.2.3.3.1 France Optical Character Recognition Market by Component
6.2.3.3.2 France Optical Character Recognition Market by End User
6.2.3.4 Russia Optical Character Recognition Market
6.2.3.4.1 Russia Optical Character Recognition Market by Component
6.2.3.4.2 Russia Optical Character Recognition Market by End User
6.2.3.5 Spain Optical Character Recognition Market
6.2.3.5.1 Spain Optical Character Recognition Market by Component
6.2.3.5.2 Spain Optical Character Recognition Market by End User
6.2.3.6 Italy Optical Character Recognition Market
6.2.3.6.1 Italy Optical Character Recognition Market by Component
6.2.3.6.2 Italy Optical Character Recognition Market by End User
6.2.3.7 Rest of Europe Optical Character Recognition Market
6.2.3.7.1 Rest of Europe Optical Character Recognition Market by Component
6.2.3.7.2 Rest of Europe Optical Character Recognition Market by End User
6.3 Asia Pacific Optical Character Recognition Market
6.3.1 Asia Pacific Optical Character Recognition Market by Component
6.3.1.1 Asia Pacific Optical Character Recognition Software Market by Country
6.3.1.2 Asia Pacific Optical Character Recognition Software Market by Type
6.3.1.2.1 Asia Pacific Optical Character Recognition Desktop Based Market by Country
6.3.1.2.2 Asia Pacific Optical Character Recognition Mobile Based Market by Country
6.3.1.2.3 Asia Pacific Optical Character Recognition Cloud Based Market by Country
6.3.1.2.4 Asia Pacific Other Software Type Optical Character Recognition Market by Country
6.3.1.3 Asia Pacific Optical Character Recognition Services Market by Country
6.3.1.4 Asia Pacific Optical Character Recognition Services Market by Type
6.3.1.4.1 Asia Pacific Optical Character Recognition Integration and Deployment Market by Country
6.3.1.4.2 Asia Pacific Optical Character Recognition Advisory and Consulting Market by Country
6.3.1.4.3 Asia Pacific Optical Character Recognition Support and Maintenance Market by Country
6.3.2 Asia Pacific Optical Character Recognition Market by End User
6.3.2.1 Asia Pacific BFSI Optical Character Recognition Market by Country
6.3.2.2 Asia Pacific Healthcare and Life Sciences Optical Character Recognition Market by Country
6.3.2.3 Asia Pacific Energy and Utilities Optical Character Recognition Market by Country
6.3.2.4 Asia Pacific Education and Legal Optical Character Recognition Market by Country
6.3.2.5 Asia Pacific Telecom and IT Optical Character Recognition Market by Country
6.3.2.6 Asia Pacific Government and Public Sector Optical Character Recognition Market by Country
6.3.2.7 Asia Pacific Others Optical Character Recognition Market by Country
6.3.3 Asia Pacific Optical Character Recognition Market by Country
6.3.3.1 China Optical Character Recognition Market
6.3.3.1.1 China Optical Character Recognition Market by Component
6.3.3.1.2 China Optical Character Recognition Market by End User
6.3.3.2 Japan Optical Character Recognition Market
6.3.3.2.1 Japan Optical Character Recognition Market by Component
6.3.3.2.2 Japan Optical Character Recognition Market by End User
6.3.3.3 India Optical Character Recognition Market
6.3.3.3.1 India Optical Character Recognition Market by Component
6.3.3.3.2 India Optical Character Recognition Market by End User
6.3.3.4 South Korea Optical Character Recognition Market
6.3.3.4.1 South Korea Optical Character Recognition Market by Component
6.3.3.4.2 South Korea Optical Character Recognition Market by End User
6.3.3.5 Singapore Optical Character Recognition Market
6.3.3.5.1 Singapore Optical Character Recognition Market by Component
6.3.3.5.2 Singapore Optical Character Recognition Market by End User
6.3.3.6 Malaysia Optical Character Recognition Market
6.3.3.6.1 Malaysia Optical Character Recognition Market by Component
6.3.3.6.2 Malaysia Optical Character Recognition Market by End User
6.3.3.7 Rest of Asia Pacific Optical Character Recognition Market
6.3.3.7.1 Rest of Asia Pacific Optical Character Recognition Market by Component
6.3.3.7.2 Rest of Asia Pacific Optical Character Recognition Market by End User
6.4 LAMEA Optical Character Recognition Market
6.4.1 LAMEA Optical Character Recognition Market by Component
6.4.1.1 LAMEA Optical Character Recognition Software Market by Country
6.4.1.2 LAMEA Optical Character Recognition Software Market by Type
6.4.1.2.1 LAMEA Optical Character Recognition Desktop Based Market by Country
6.4.1.2.2 LAMEA Optical Character Recognition Mobile Based Market by Country
6.4.1.2.3 LAMEA Optical Character Recognition Cloud Based Market by Country
6.4.1.2.4 LAMEA Other Software Type Optical Character Recognition Market by Country
6.4.2 LAMEA Optical Character Recognition Services Market by Country
6.4.2.1 LAMEA Optical Character Recognition Services Market by Type
6.4.2.1.1 LAMEA Optical Character Recognition Integration and Deployment Market by Country
6.4.2.1.2 LAMEA Optical Character Recognition Advisory and Consulting Market by Country
6.4.2.1.3 LAMEA Optical Character Recognition Support and Maintenance Market by Country
6.4.3 LAMEA Optical Character Recognition Market by End User
6.4.3.1 LAMEA BFSI Optical Character Recognition Market by Country
6.4.3.2 LAMEA Healthcare and Life Sciences Optical Character Recognition Market by Country
6.4.3.3 LAMEA Energy and Utilities Optical Character Recognition Market by Country
6.4.3.4 LAMEA Education and Legal Optical Character Recognition Market by Country
6.4.3.5 LAMEA Telecom and IT Optical Character Recognition Market by Country
6.4.3.6 LAMEA Government and Public Sector Optical Character Recognition Market by Country
6.4.3.7 LAMEA Others Optical Character Recognition Market by Country
6.4.4 LAMEA Optical Character Recognition Market by Country
6.4.4.1 Brazil Optical Character Recognition Market
6.4.4.1.1 Brazil Optical Character Recognition Market by Component
6.4.4.1.2 Brazil Optical Character Recognition Market by End User
6.4.4.2 Argentina Optical Character Recognition Market
6.4.4.2.1 Argentina Optical Character Recognition Market by Component
6.4.4.2.2 Argentina Optical Character Recognition Market by End User
6.4.4.3 UAE Optical Character Recognition Market
6.4.4.3.1 UAE Optical Character Recognition Market by Component
6.4.4.3.2 UAE Optical Character Recognition Market by End User
6.4.4.4 Saudi Arabia Optical Character Recognition Market
6.4.4.4.1 Saudi Arabia Optical Character Recognition Market by Component
6.4.4.4.2 Saudi Arabia Optical Character Recognition Market by End User
6.4.4.5 South Africa Optical Character Recognition Market
6.4.4.5.1 South Africa Optical Character Recognition Market by Component
6.4.4.5.2 South Africa Optical Character Recognition Market by End User
6.4.4.6 Nigeria Optical Character Recognition Market
6.4.4.6.1 Nigeria Optical Character Recognition Market by Component
6.4.4.6.2 Nigeria Optical Character Recognition Market by End User
6.4.4.7 Rest of LAMEA Optical Character Recognition Market
6.4.4.7.1 Rest of LAMEA Optical Character Recognition Market by Component
6.4.4.7.2 Rest of LAMEA Optical Character Recognition Market by End User

Chapter 7. Company Profiles
7.1 IBM Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional and Segmental Analysis
7.1.4 Research and Development Expenses
7.1.5 Recent strategies and developments
7.1.5.1 Collaborations, partnerships and agreements
7.1.6 SWOT Analysis
7.2 Microsoft Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research and Development Expenses
7.2.5 Recent strategies and developments
7.2.5.1 Product launches
7.2.5.2 Expansions
7.2.6 SWOT Analysis
7.3 Google, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research and Development Expense
7.3.5 Recent strategies and developments
7.3.5.1 Acquisition and mergers
7.3.5.2 Expansions
7.3.5.3 Product launches
7.3.6 SWOT Analysis: Alphabet Inc. (Google, Inc.)
7.4 Nuance Communications, Inc.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research and Development Expense
7.4.5 Recent strategies and developments
7.4.5.1 Collaborations, partnerships and agreements
7.4.5.2 Expansions
7.4.6 SWOT Analysis
7.5 Adobe, Inc.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research and Development Expense
7.5.5 Recent strategies and developments
7.5.5.1 Product launches
7.5.5.2 Expansions
7.5.6 SWOT Analysis
7.6 Accusoft Corporation
7.6.1 Company Overview
7.6.2 Recent strategies and developments
7.6.2.1 Expansions
7.6.2.2 Product launches
7.7 Ricoh Company Limited
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research and Development Expense
7.7.5 Recent strategies and developments
7.7.5.1 Acquisition and mergers
7.7.5.2 Product launches
7.7.6 SWOT Analysis
7.8 Anyline GmbH
7.8.1 Company Overview
7.8.2 Recent strategies and developments
7.8.2.1 Collaborations, partnerships and agreements
7.8.2.2 Product launches
7.9 NTT Data Corporation
7.9.1 Company overview
7.9.2 Financial Analysis
7.9.3 Regional Analysis
7.9.4 Research and Development Expense
7.9.5 Recent strategies and developments
7.9.5.1 Product launches
7.9.6 SWOT Analysis
7.1 LEAD Technologies, Inc.
7.10.1 Company Overview
7.10.2 Recent strategies and developments
7.10.2.1 Product launches
7.10.2.2 Expansions

Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • IBM Corporation
  • Microsoft Corporation
  • Google, Inc.
  • Nuance Communications, Inc.
  • Adobe, Inc.
  • Accusoft Corporation
  • Ricoh Company Limited
  • Anyline GmbH
  • NTT Data Corporation
  • LEAD Technologies, Inc.
Note: Product cover images may vary from those shown
Adroll
adroll