Optical Character Recognition Market to reach a market size of $12.6 billion by 2025- KBV Research

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


 

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TAGS: Optical Character Recognition, Optical Character Recognition Market, KBV Research, Optical Character Recognition Market

EN: Ciencia y tecnología