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Global Optical Character Recognition Systems Market Size By Product, By Application, By Geographic Scope And Forecast

  • ID: 5440605
  • Report
  • June 2021
  • Region: Global
  • 100 pages
  • Verified Market Research

FEATURED COMPANIES

  • Adobe Inc.
  • Anyline GmbH
  • Creaceed
  • CVISION Technologies Inc.
  • IBM
  • LEAD Technologies Inc.
  • MORE
According to the publisher, the Global Optical Character Recognition (OCR) Systems Market was valued at USD 6,805.00 Million in 2019 and is projected to reach USD 21,466.30 Million by 2027, at long term CAGR of 14.87% from 2020 to 2027.



The Global Optical Character Recognition (OCR) Systems Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Optical Character Recognition (OCR) Systems Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

Global Optical Character Recognition (OCR) Systems Market Overview


Increasing applications of OCR system in transportation and logistics industry is a key factor that has triggered the growth of the OCR market. The warehouses and drivers are increasingly using mobile-based OCR systems to extract and read the incoming parcel codes, indexes, invoices, product catalogues, goods receipts, loading/transport, goods return among others. The trucking, rail freight, sea freight and air freight companies, along with courier, express, & parcel companies are roping in the OCR based services to institute data management solutions.

This report provides an all-inclusive environment of the analysis for the Global Optical Character Recognition (OCR) Systems Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Optical Character Recognition (OCR) Systems Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global Optical Character Recognition (OCR) Systems Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Optical Character Recognition (OCR) Systems Market.

Global Optical Character Recognition (OCR) Systems Market: Segmentation Analysis


The Global Optical Character Recognition (OCR) Systems Market is segmented on the basis of Product, Application, and Geography.

Global Optical Character Recognition (OCR) Systems Market: Competitive Landscape

The “Global Optical Character Recognition (OCR) Systems Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Microsoft Corporation, IBM, NTT DATA Corporation, Adobe Inc., CVISION Technologies, Inc., LEAD Technologies, Inc., Anyline GmbH, Creaceed, IntSig Information Co. Ltd, and Prime Recognition Corporation.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Adobe Inc.
  • Anyline GmbH
  • Creaceed
  • CVISION Technologies Inc.
  • IBM
  • LEAD Technologies Inc.
  • MORE

1 Introduction
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Assumptions
1.5 Limitations

2 Research Methodology
2.1 Data Mining
2.2 Secondary Research
2.3 Primary Research
2.4 Subject Matter Expert Advice
2.5 Quality Check
2.6 Final Review
2.7 Data Triangulation
2.8 Bottom-Up Approach
2.9 Top Down Approach
2.1 Research Flow

3 Executive Summary
3.1 Market Overview
3.2 Global Optical Character Recognition (OCR) Systems Market Geographical Analysis (Cagr %)
3.3 Global Optical Character Recognition (OCR) Systems Market, by Product (Usd Million)
3.4 Global Optical Character Recognition (OCR) Systems Market, by Application (Usd Million)
3.5 Future Market Opportunities
3.6 Global Market Split

4 Market Outlook
4.1 Global Optical Character Recognition (OCR) Systems Market Outlook
4.2 Market Drivers
4.2.1 Growing Prominence of OCR Solution Developers on Incorporating Enhanced Technology to Improve Precision
4.2.2 Wide Range of Applications in Transforming Transport and Logistics Industry
4.3 Market Restraints
4.3.1 Lack of Accuracy in Recognition of Handwritten Material
4.4 Market Opportunities
4.4.1 Increasing Digitalization Practises Across the Globe
4.4.2 Rising Need for Id-Verification Services
4.5 Covid-19 Impact on Global Optical Character Recognition (OCR) Systems Market

5 Market, by Product
5.1 Overview
5.2 Software
5.3 Services

6 Market, by Application
6.1 Overview
6.2 Bfsi
6.3 Retail & Manufacturing
6.4 Transport and Logistics
6.5 It & Telecom
6.6 Media & Entertainment
6.7 Others

7 Market, by Geography
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia-Pacific
7.4.1 China
7.4.2 India
7.4.3 Japan
7.4.4 Rest of Asia-Pacific
7.5 Rest of World
7.5.1 Middle East and Africa
7.5.2 Latin America

8 Competitive Landscape
8.1 Overview
8.2 Competitive Scenario
8.3 Company Market Ranking Analysis

9 Company Profiles
9.1 Microsoft Corporation
9.1.1 Company Overview
9.1.2 Company Insights
9.1.3 Segment Breakdown
9.1.4 Product Benchmarking
9.1.5 SWOT Analysis
9.2 Ibm
9.2.1 Company Overview
9.2.2 Company Insights
9.2.3 Segment Breakdown
9.2.4 Product Benchmarking
9.2.5 SWOT Analysis
9.3 Ntt Data Corporation
9.3.1 Company Overview
9.3.2 Company Insights
9.3.3 Segment Breakdown
9.3.4 Product Benchmarking
9.3.5 SWOT Analysis
9.4 Adobe
9.4.1 Company Overview
9.4.2 Company Insights
9.4.3 Segment Breakdown
9.4.4 Product Benchmarking
9.4.5 Key Developments
9.4.6 SWOT Analysis
9.5 Cvsion Technologies Inc. (Foxit Software)
9.5.1 Company Overview
9.5.2 Company Insights
9.5.3 Product Benchmarking
9.5.4 Key Developments
9.5.5 SWOT Analysis
9.6 Anyline GmbH
9.6.1 Company Overview
9.6.2 Company Insights
9.6.3 Product Benchmarking
9.6.4 Key Developments
9.7 Creaceed
9.7.1 Company Overview
9.7.2 Company Insights
9.7.3 Product Benchmarking
9.8 Intsig Information Co. Ltd
9.8.1 Company Overview
9.8.2 Company Insights
9.8.3 Product Benchmarking
9.9 Lead Technologies
9.9.1 Company Overview
9.9.2 Company Insights
9.9.3 Product Benchmarking
9.9.4 Key Developments
9.10 Prime Recognition Corporation
9.10.1 Company Overview
9.10.2 Company Insights
9.10.3 Product Benchmarking

Note: Product cover images may vary from those shown
  • Microsoft Corporation
  • IBM
  • NTT DATA Corporation
  • Adobe Inc.
  • CVISION Technologies Inc.
  • LEAD Technologies Inc.
  • Anyline GmbH
  • Creaceed
  • IntSig Information Co. Ltd
  • Prime Recognition Corporation
Note: Product cover images may vary from those shown

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