Optical Character Recognition Market to reach a market size of $12.6 billion by 2025- KBV Research
According to a new report Global Optical Character Recognition Market, published by KBV Research, 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.
The North America market dominated the Global Optical Character Recognition Integration & Deployment Market by Region 2018, growing at a CAGR of 13.9 % during the forecast period. The Europe market is expected to witness a CAGR of 14.6% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 17.7% during (2019-2025).
The Software market dominated the Global Optical Character Recognition Market by Component 2018, growing at a CAGR of 12.5 % during the forecast period. The Services market is expected to witness a CAGR of 16.7% during (2019-2025).
The BFSI market dominated the Global Optical Character Recognition Market by End User 2018, growing at a CAGR of 12 % during the forecast period. The Healthcare & Life Sciences market is expected to witness a CAGR of 14.5% during (2019-2025). The Energy & Utilities market is expected to witness a CAGR of 16.4% during (2019-2025). Additionally, The Education & Legal market is expected to witness highest CAGR of 14.9% during (2019-2025).
Full Report: https://www.kbvresearch.com/optical-character-recognition-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
Global Optical Character Recognition Market Segmentation
By Component
Software
Desktop Based
Mobile Based
Cloud Based
Others
Services Type
Integration and Deployment
Advisory and Consulting
Support and Maintenance
By End User
BFSI
Healthcare and Life Sciences
Energy and Utilities
Education and Legal
Telecom and IT
Government and 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.
Optical Character Recognition Market Related Reports:
North America Market
Europe Market
Asia Pacific Market
LAMEA Market
