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Handwriting Recognition (HWR) Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2020 To 2028

  • ID: 5230474
  • Report
  • October 2020
  • Region: Global
  • 112 pages
  • Acute Market Reports

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FEATURED COMPANIES

  • MyScript
  • Paragon Software Group
  • PhatWare Corporation
  • Sciometrics LLC.
  • SELVAS AI Inc.
Handwriting recognition (HWR) refers to a process of converting handwritten text into machine-readable text. The technology is available in two modes viz. online recognition and offline recognition. The overall system comprises hardware as well as software components. In the case of online handwriting recognition, software plays a prime role in recognizing text written on a given device. Offline handwriting recognition comprises hardware devices such as scanning pen and mini-scanner that are used to read the text written on paper. Handwriting recognition technology plays a crucial role in corporate and government enterprises, as it facilitates document preservation and digital storage. The handwriting recognition software based on an algorithm designed to translate different languages and symbols into machine-readable electronic text.

The most prominent factor fueling the market growth is the rising demand from corporate and government enterprises for effective document management. A substantial amount of government and corporate enterprises still rely upon physical documents and files. Additionally, these organizations face significant challenges in preserving old documents and converting them to electronic media. Handwriting recognition is proven to be a viable solution for effective document management. Moreover, decoding complex languages such as Chinese (Mandarin), Japanese, Arabic, and Korean is another challenging task for different organizations. Subsequently, handwriting recognition technology has witnessed profound growth over a period of time.

The report titled “Global Handwriting Recognition (HWR) Market- Growth, Future Prospects, and Competitive Analysis, 2020 - 2028” offers strategic insights into the global handwriting recognition (HWR) market along with the market size and estimates for the duration 2018 to 2028. The said research study covers an in-depth analysis of multiple market segments based on type, application, and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2019 & 2028. The report also provides a prolific view on market dynamics such as market drivers, restraints, and opportunities.

In order to help strategic decision-makers, the report also includes competitive profiling of the leading providers of handwriting recognition (HWR) solutions, market positioning, and key developments. Some of the major players profiled in the report are MyScript, Hanwang Technology Co., Ltd., Nuance Communications, Inc., Paragon Software Group, SELVAS AI, Inc., PhatWare Corporation, Sciometrics, LLC, and SinoVoice.

Other in-depth analysis provided in the report includes:
  • Current and future market trends to justify the forthcoming attractive markets within the handwriting recognition industry
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2018 - 2019)
Overall, the research study provides a holistic view of the global handwriting recognition (HWR) market, offering market size and estimates for the period from 2020 to 2028, keeping in mind the above-mentioned factors.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • MyScript
  • Paragon Software Group
  • PhatWare Corporation
  • Sciometrics LLC.
  • SELVAS AI Inc.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Phase III - Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Handwriting Recognition (HWR) Market
2.2 Global Handwriting Recognition Market, By Type
2.3 Global Handwriting Recognition Market, By Application
2.4 Global Handwriting Recognition Market, By Geography

Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Handwriting Recognition (HWR) Market Revenue and Growth, 2018 - 2028, (US$ Mn)
3.2 Market Inclination Insights
3.2.1 Growing efforts towards multilingual recognition
3.2.2 Periodic upgrades of handwriting recognition software/apps
3.3 Market Drivers
3.3.1 Continued demand from the corporate enterprises and educational sectors
3.3.2 Growing adoption of handwriting recognition across the automotive industry
3.4 Challenges
3.4.1 Limitations in Handwriting Recognition Algorithms
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Competitive Landscape
3.6.1 Market Positioning of Key Handwriting Recognition (HWR) System Providers
3.6.2 Leading player’s strategies

Chapter 4 Global Handwriting Recognition (HWR) Market, By Type
4.1 Overview
4.2 Online Handwriting Recognition
4.2.1 Global Online Handwriting Recognition (HWR) Market Revenue and Growth, 2018 - 2028, (US$ Mn)
4.3 Offline Handwriting Recognition
4.3.1 Global Offline Handwriting Recognition (HWR) Market Revenue and Growth, 2018 - 2028, (US$ Mn)

Chapter 5 Global Handwriting Recognition (HWR) Market, By Application
5.1 Overview
5.1.1 Handwriting Recognition (HWR) Market Revenue Share, By Application, 2019 & 2028 (%)
5.2 Automotive
5.2.1 Handwriting Recognition (HWR) Market for Automotive Revenue, 2018 - 2028, (US$ Mn)
5.3 Education and Literature
5.3.1 Handwriting Recognition (HWR) Market for Education and Literature Revenue, 2018 - 2028, (US$ Mn)
5.4 Enterprise and Field Services
5.4.1 Handwriting Recognition (HWR) Market for Enterprise and Field Services Revenue, 2018 - 2028, (US$ Mn)
5.5 Healthcare
5.5.1 Handwriting Recognition (HWR) Market for Healthcare Revenue, 2018 - 2028, (US$ Mn)
5.6 Others
5.6.1 Handwriting Recognition (HWR) Market for Other Applications Revenue, 2018 - 2028, (US$ Mn)

Chapter 6 North America Handwriting Recognition Market Analysis
6.1 Overview
6.1.1 North America Handwriting Recognitions Market Revenue and Growth, 2018 - 2028, (US$ Mn) (Y-o-Y %)
6.2 North America Handwriting Recognition Market Analysis, By Type, 2018 - 2028 (US$ Mn)
6.3 North America Handwriting Recognition Market Analysis, By Application, 2018 - 2028 (US$ Mn)
6.4 North America Handwriting Recognitions Market Analysis, By Region, 2018 - 2028 (US$ Mn)

Chapter 7 Europe Handwriting Recognition Market Analysis
7.1 Overview
7.1.1 Europe Handwriting Recognition Market Revenue and Growth, 2018 - 2028, (US$ Mn) (Y-o-Y %)
7.2 Europe Handwriting Recognition Market Analysis, By Type, 2018 - 2028 (US$ Mn)
7.3 Europe Handwriting Recognition Market Analysis, By Application, 2018 - 2028 (US$ Mn)
7.4 Europe Handwriting Recognitions Market Analysis, By Country, 2018 - 2028 (US$ Mn)

Chapter 8 Asia Pacific Handwriting Recognitions Market Analysis
8.1 Overview
8.1.1 Asia Pacific Handwriting Recognition Market Revenue and Growth, 2018 - 2028, (US$ Mn) (Y-o-Y %)
8.2 Asia Pacific Handwriting Recognition Market Analysis, By Type, 2018 - 2028 (US$ Mn)
8.3 Asia Pacific Handwriting Recognition Market Analysis, By Application, 2018 - 2028 (US$ Mn)
8.4 Asia Pacific Handwriting Recognition Market Analysis, By Region, 2018 - 2028 (US$ Mn)

Chapter 9 Rest of the World Handwriting Recognition Market Analysis
9.1 Overview
9.1.1 Rest of the World Handwriting Recognition Market Revenue and Growth, 2018 - 2028, (US$ Mn) (Y-o-Y %)
9.2 Rest of the World Handwriting Recognition Market Analysis, By Type, 2018 - 2028 (US$ Mn)
9.3 Rest of the World Handwriting Recognition Market Analysis, By Application, 2018 - 2028 (US$ Mn)
9.4 Rest of the World Handwriting Recognition Market Analysis, By Region, 2018 - 2028 (US$ Mn)

Chapter 10 Company Profiles
10.1 MyScript
10.1.1 MyScript: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.2 Nuance Communications, Inc.
10.2.1 Nuance Communications, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.3 SELVAS AI, Inc.
10.3.1 SELVAS AI, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.4 Hanwang Technology Co., Ltd.
10.4.1 Hanwang Technology Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.5 Paragon Software Group
10.5.1 Paragon Software Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.6 PhatWare Corporation
10.6.1 PhatWare Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.7 SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.)
10.7.1 SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.8 Sciometrics, LLC
10.8.1 Sciometrics, LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
Note: Product cover images may vary from those shown
  • MyScript
  • Nuance Communications Inc.
  • SELVAS AI Inc.
  • Hanwang Technology Co. Ltd.
  • Paragon Software Group
  • PhatWare Corporation
  • SinoVoice (Beijing Jietong Huasheng Technology Co. Ltd.)
  • Sciometrics LLC.
Note: Product cover images may vary from those shown
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