Optical Character Recognition Market, Global Outlook and Forecast 2022-2028

April 2022 | 65 pages | ID: O191EB5CA87AEN
Market Monitor Global

Abstracts

Optical character recognition is a technology has literally revolutionized the document management process in various sectors, namely legal, banking, education, healthcare, finance, and government. It has helped to transform offices into a paperless ones by helping to digitize documents and communications that have remained resistant to digitization with speed and accuracy. Those include scanned paper documents and PDF files or images captured by a digital camera.

This report contains market size and forecasts of Optical Character Recognition in Global, including the following market information:

Global Optical Character Recognition Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Optical Character Recognition market was valued at 9019.2 million in 2021 and is projected to reach US$ 15490 million by 2028, at a CAGR of 8.0% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Desktop based OCR Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Optical Character Recognition include ABBY Software, Anyline, Adobe Systems, ATAPY Software, CCi Intelligence, Creaceed, Captricity, Exper-OCR and Google, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Optical Character Recognition companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Optical Character Recognition Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Optical Character Recognition Market Segment Percentages, by Type, 2021 (%)

• Desktop based OCR
• Mobile based OCR
• Cloud based OCR
• Others

Global Optical Character Recognition Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Optical Character Recognition Market Segment Percentages, by Application, 2021 (%)

• IT & Telecom
• Media & Entertainment
• Others

Global Optical Character Recognition Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Optical Character Recognition Market Segment Percentages, By Region and Country, 2021 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Optical Character Recognition revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Optical Character Recognition revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

• ABBY Software
• Anyline
• Adobe Systems
• ATAPY Software
• CCi Intelligence
• Creaceed
• Captricity
• Exper-OCR
• Google
• IBM
• LEAD Technologies
• Microsoft
• Nuance Communications

Contents

1 INTRODUCTION TO RESEARCH & ANALYSIS REPORTS

1.1 Optical Character Recognition Market Definition
1.2 Market Segments
  1.2.1 Market by Type
  1.2.2 Market by Application
1.3 Global Optical Character Recognition Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
  1.5.1 Research Methodology
  1.5.2 Research Process
  1.5.3 Base Year
  1.5.4 Report Assumptions & Caveats

2 GLOBAL OPTICAL CHARACTER RECOGNITION OVERALL MARKET SIZE

2.1 Global Optical Character Recognition Market Size: 2021 VS 2028
2.2 Global Optical Character Recognition Market Size, Prospects & Forecasts: 2017-2028
2.3 Key Market Trends, Opportunity, Drivers and Restraints
  2.3.1 Market Opportunities & Trends
  2.3.2 Market Drivers
  2.3.3 Market Restraints

3 COMPANY LANDSCAPE

3.1 Top Optical Character Recognition Players in Global Market
3.2 Top Global Optical Character Recognition Companies Ranked by Revenue
3.3 Global Optical Character Recognition Revenue by Companies
3.4 Top 3 and Top 5 Optical Character Recognition Companies in Global Market, by Revenue in 2021
3.5 Global Companies Optical Character Recognition Product Type
3.6 Tier 1, Tier 2 and Tier 3 Optical Character Recognition Players in Global Market
  3.6.1 List of Global Tier 1 Optical Character Recognition Companies
  3.6.2 List of Global Tier 2 and Tier 3 Optical Character Recognition Companies

4 MARKET SIGHTS BY PRODUCT

4.1 Overview
  4.1.1 by Type - Global Optical Character Recognition Market Size Markets, 2021 & 2028
  4.1.2 Desktop based OCR
  4.1.3 Mobile based OCR
  4.1.4 Cloud based OCR
  4.1.5 Others
4.2 By Type - Global Optical Character Recognition Revenue & Forecasts
  4.2.1 By Type - Global Optical Character Recognition Revenue, 2017-2022
  4.2.2 By Type - Global Optical Character Recognition Revenue, 2023-2028
  4.2.3 By Type - Global Optical Character Recognition Revenue Market Share, 2017-2028

5 SIGHTS BY APPLICATION

5.1 Overview
  5.1.1 By Application - Global Optical Character Recognition Market Size, 2021 & 2028
  5.1.2 IT & Telecom
  5.1.3 Media & Entertainment
  5.1.4 Others
5.2 By Application - Global Optical Character Recognition Revenue & Forecasts
  5.2.1 By Application - Global Optical Character Recognition Revenue, 2017-2022
  5.2.2 By Application - Global Optical Character Recognition Revenue, 2023-2028
  5.2.3 By Application - Global Optical Character Recognition Revenue Market Share, 2017-2028

6 SIGHTS BY REGION

6.1 By Region - Global Optical Character Recognition Market Size, 2021 & 2028
6.2 By Region - Global Optical Character Recognition Revenue & Forecasts
  6.2.1 By Region - Global Optical Character Recognition Revenue, 2017-2022
  6.2.2 By Region - Global Optical Character Recognition Revenue, 2023-2028
  6.2.3 By Region - Global Optical Character Recognition Revenue Market Share, 2017-2028
6.3 North America
  6.3.1 By Country - North America Optical Character Recognition Revenue, 2017-2028
  6.3.2 US Optical Character Recognition Market Size, 2017-2028
  6.3.3 Canada Optical Character Recognition Market Size, 2017-2028
  6.3.4 Mexico Optical Character Recognition Market Size, 2017-2028
6.4 Europe
  6.4.1 By Country - Europe Optical Character Recognition Revenue, 2017-2028
  6.4.2 Germany Optical Character Recognition Market Size, 2017-2028
  6.4.3 France Optical Character Recognition Market Size, 2017-2028
  6.4.4 U.K. Optical Character Recognition Market Size, 2017-2028
  6.4.5 Italy Optical Character Recognition Market Size, 2017-2028
  6.4.6 Russia Optical Character Recognition Market Size, 2017-2028
  6.4.7 Nordic Countries Optical Character Recognition Market Size, 2017-2028
  6.4.8 Benelux Optical Character Recognition Market Size, 2017-2028
6.5 Asia
  6.5.1 By Region - Asia Optical Character Recognition Revenue, 2017-2028
  6.5.2 China Optical Character Recognition Market Size, 2017-2028
  6.5.3 Japan Optical Character Recognition Market Size, 2017-2028
  6.5.4 South Korea Optical Character Recognition Market Size, 2017-2028
  6.5.5 Southeast Asia Optical Character Recognition Market Size, 2017-2028
  6.5.6 India Optical Character Recognition Market Size, 2017-2028
6.6 South America
  6.6.1 By Country - South America Optical Character Recognition Revenue, 2017-2028
  6.6.2 Brazil Optical Character Recognition Market Size, 2017-2028
  6.6.3 Argentina Optical Character Recognition Market Size, 2017-2028
6.7 Middle East & Africa
  6.7.1 By Country - Middle East & Africa Optical Character Recognition Revenue, 2017-2028
  6.7.2 Turkey Optical Character Recognition Market Size, 2017-2028
  6.7.3 Israel Optical Character Recognition Market Size, 2017-2028
  6.7.4 Saudi Arabia Optical Character Recognition Market Size, 2017-2028
  6.7.5 UAE Optical Character Recognition Market Size, 2017-2028

7 PLAYERS PROFILES

7.1 ABBY Software
  7.1.1 ABBY Software Corporate Summary
  7.1.2 ABBY Software Business Overview
  7.1.3 ABBY Software Optical Character Recognition Major Product Offerings
  7.1.4 ABBY Software Optical Character Recognition Revenue in Global Market (2017-2022)
  7.1.5 ABBY Software Key News
7.2 Anyline
  7.2.1 Anyline Corporate Summary
  7.2.2 Anyline Business Overview
  7.2.3 Anyline Optical Character Recognition Major Product Offerings
  7.2.4 Anyline Optical Character Recognition Revenue in Global Market (2017-2022)
  7.2.5 Anyline Key News
7.3 Adobe Systems
  7.3.1 Adobe Systems Corporate Summary
  7.3.2 Adobe Systems Business Overview
  7.3.3 Adobe Systems Optical Character Recognition Major Product Offerings
  7.3.4 Adobe Systems Optical Character Recognition Revenue in Global Market (2017-2022)
  7.3.5 Adobe Systems Key News
7.4 ATAPY Software
  7.4.1 ATAPY Software Corporate Summary
  7.4.2 ATAPY Software Business Overview
  7.4.3 ATAPY Software Optical Character Recognition Major Product Offerings
  7.4.4 ATAPY Software Optical Character Recognition Revenue in Global Market (2017-2022)
  7.4.5 ATAPY Software Key News
7.5 CCi Intelligence
  7.5.1 CCi Intelligence Corporate Summary
  7.5.2 CCi Intelligence Business Overview
  7.5.3 CCi Intelligence Optical Character Recognition Major Product Offerings
  7.5.4 CCi Intelligence Optical Character Recognition Revenue in Global Market (2017-2022)
  7.5.5 CCi Intelligence Key News
7.6 Creaceed
  7.6.1 Creaceed Corporate Summary
  7.6.2 Creaceed Business Overview
  7.6.3 Creaceed Optical Character Recognition Major Product Offerings
  7.6.4 Creaceed Optical Character Recognition Revenue in Global Market (2017-2022)
  7.6.5 Creaceed Key News
7.7 Captricity
  7.7.1 Captricity Corporate Summary
  7.7.2 Captricity Business Overview
  7.7.3 Captricity Optical Character Recognition Major Product Offerings
  7.7.4 Captricity Optical Character Recognition Revenue in Global Market (2017-2022)
  7.7.5 Captricity Key News
7.8 Exper-OCR
  7.8.1 Exper-OCR Corporate Summary
  7.8.2 Exper-OCR Business Overview
  7.8.3 Exper-OCR Optical Character Recognition Major Product Offerings
  7.8.4 Exper-OCR Optical Character Recognition Revenue in Global Market (2017-2022)
  7.8.5 Exper-OCR Key News
7.9 Google
  7.9.1 Google Corporate Summary
  7.9.2 Google Business Overview
  7.9.3 Google Optical Character Recognition Major Product Offerings
  7.9.4 Google Optical Character Recognition Revenue in Global Market (2017-2022)
  7.9.5 Google Key News
7.10 IBM
  7.10.1 IBM Corporate Summary
  7.10.2 IBM Business Overview
  7.10.3 IBM Optical Character Recognition Major Product Offerings
  7.10.4 IBM Optical Character Recognition Revenue in Global Market (2017-2022)
  7.10.5 IBM Key News
7.11 LEAD Technologies
  7.11.1 LEAD Technologies Corporate Summary
  7.11.2 LEAD Technologies Business Overview
  7.11.3 LEAD Technologies Optical Character Recognition Major Product Offerings
  7.11.4 LEAD Technologies Optical Character Recognition Revenue in Global Market (2017-2022)
  7.11.5 LEAD Technologies Key News
7.12 Microsoft
  7.12.1 Microsoft Corporate Summary
  7.12.2 Microsoft Business Overview
  7.12.3 Microsoft Optical Character Recognition Major Product Offerings
  7.12.4 Microsoft Optical Character Recognition Revenue in Global Market (2017-2022)
  7.12.5 Microsoft Key News
7.13 Nuance Communications
  7.13.1 Nuance Communications Corporate Summary
  7.13.2 Nuance Communications Business Overview
  7.13.3 Nuance Communications Optical Character Recognition Major Product Offerings
  7.13.4 Nuance Communications Optical Character Recognition Revenue in Global Market (2017-2022)
  7.13.5 Nuance Communications Key News

8 CONCLUSION

9 APPENDIX

9.1 Note
9.2 Examples of Clients
9.3 Disclaimer

List Of Tables

LIST OF TABLES

Table 1. Optical Character Recognition Market Opportunities & Trends in Global Market
Table 2. Optical Character Recognition Market Drivers in Global Market
Table 3. Optical Character Recognition Market Restraints in Global Market
Table 4. Key Players of Optical Character Recognition in Global Market
Table 5. Top Optical Character Recognition Players in Global Market, Ranking by Revenue (2021)
Table 6. Global Optical Character Recognition Revenue by Companies, (US$, Mn), 2017-2022
Table 7. Global Optical Character Recognition Revenue Share by Companies, 2017-2022
Table 8. Global Companies Optical Character Recognition Product Type
Table 9. List of Global Tier 1 Optical Character Recognition Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Optical Character Recognition Companies, Revenue (US$, Mn) in 2021 and Market Share
Table 11. By Type – Global Optical Character Recognition Revenue, (US$, Mn), 2021 & 2028
Table 12. By Type - Optical Character Recognition Revenue in Global (US$, Mn), 2017-2022
Table 13. By Type - Optical Character Recognition Revenue in Global (US$, Mn), 2023-2028
Table 14. By Application – Global Optical Character Recognition Revenue, (US$, Mn), 2021 & 2028
Table 15. By Application - Optical Character Recognition Revenue in Global (US$, Mn), 2017-2022
Table 16. By Application - Optical Character Recognition Revenue in Global (US$, Mn), 2023-2028
Table 17. By Region – Global Optical Character Recognition Revenue, (US$, Mn), 2021 & 2028
Table 18. By Region - Global Optical Character Recognition Revenue (US$, Mn), 2017-2022
Table 19. By Region - Global Optical Character Recognition Revenue (US$, Mn), 2023-2028
Table 20. By Country - North America Optical Character Recognition Revenue, (US$, Mn), 2017-2022
Table 21. By Country - North America Optical Character Recognition Revenue, (US$, Mn), 2023-2028
Table 22. By Country - Europe Optical Character Recognition Revenue, (US$, Mn), 2017-2022
Table 23. By Country - Europe Optical Character Recognition Revenue, (US$, Mn), 2023-2028
Table 24. By Region - Asia Optical Character Recognition Revenue, (US$, Mn), 2017-2022
Table 25. By Region - Asia Optical Character Recognition Revenue, (US$, Mn), 2023-2028
Table 26. By Country - South America Optical Character Recognition Revenue, (US$, Mn), 2017-2022
Table 27. By Country - South America Optical Character Recognition Revenue, (US$, Mn), 2023-2028
Table 28. By Country - Middle East & Africa Optical Character Recognition Revenue, (US$, Mn), 2017-2022
Table 29. By Country - Middle East & Africa Optical Character Recognition Revenue, (US$, Mn), 2023-2028
Table 30. ABBY Software Corporate Summary
Table 31. ABBY Software Optical Character Recognition Product Offerings
Table 32. ABBY Software Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 33. Anyline Corporate Summary
Table 34. Anyline Optical Character Recognition Product Offerings
Table 35. Anyline Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 36. Adobe Systems Corporate Summary
Table 37. Adobe Systems Optical Character Recognition Product Offerings
Table 38. Adobe Systems Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 39. ATAPY Software Corporate Summary
Table 40. ATAPY Software Optical Character Recognition Product Offerings
Table 41. ATAPY Software Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 42. CCi Intelligence Corporate Summary
Table 43. CCi Intelligence Optical Character Recognition Product Offerings
Table 44. CCi Intelligence Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 45. Creaceed Corporate Summary
Table 46. Creaceed Optical Character Recognition Product Offerings
Table 47. Creaceed Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 48. Captricity Corporate Summary
Table 49. Captricity Optical Character Recognition Product Offerings
Table 50. Captricity Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 51. Exper-OCR Corporate Summary
Table 52. Exper-OCR Optical Character Recognition Product Offerings
Table 53. Exper-OCR Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 54. Google Corporate Summary
Table 55. Google Optical Character Recognition Product Offerings
Table 56. Google Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 57. IBM Corporate Summary
Table 58. IBM Optical Character Recognition Product Offerings
Table 59. IBM Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 60. LEAD Technologies Corporate Summary
Table 61. LEAD Technologies Optical Character Recognition Product Offerings
Table 62. LEAD Technologies Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 63. Microsoft Corporate Summary
Table 64. Microsoft Optical Character Recognition Product Offerings
Table 65. Microsoft Optical Character Recognition Revenue (US$, Mn), (2017-2022)
Table 66. Nuance Communications Corporate Summary
Table 67. Nuance Communications Optical Character Recognition Product Offerings
Table 68. Nuance Communications Optical Character Recognition Revenue (US$, Mn), (2017-2022)

List Of Figures

LIST OF FIGURES

Figure 1. Optical Character Recognition Segment by Type in 2021
Figure 2. Optical Character Recognition Segment by Application in 2021
Figure 3. Global Optical Character Recognition Market Overview: 2021
Figure 4. Key Caveats
Figure 5. Global Optical Character Recognition Market Size: 2021 VS 2028 (US$, Mn)
Figure 6. Global Optical Character Recognition Revenue, 2017-2028 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Optical Character Recognition Revenue in 2021
Figure 8. By Type - Global Optical Character Recognition Revenue Market Share, 2017-2028
Figure 9. By Application - Global Optical Character Recognition Revenue Market Share, 2017-2028
Figure 10. By Region - Global Optical Character Recognition Revenue Market Share, 2017-2028
Figure 11. By Country - North America Optical Character Recognition Revenue Market Share, 2017-2028
Figure 12. US Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 13. Canada Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 14. Mexico Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 15. By Country - Europe Optical Character Recognition Revenue Market Share, 2017-2028
Figure 16. Germany Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 17. France Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 18. U.K. Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 19. Italy Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 20. Russia Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 21. Nordic Countries Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 22. Benelux Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 23. By Region - Asia Optical Character Recognition Revenue Market Share, 2017-2028
Figure 24. China Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 25. Japan Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 26. South Korea Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 27. Southeast Asia Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 28. India Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 29. By Country - South America Optical Character Recognition Revenue Market Share, 2017-2028
Figure 30. Brazil Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 31. Argentina Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 32. By Country - Middle East & Africa Optical Character Recognition Revenue Market Share, 2017-2028
Figure 33. Turkey Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 34. Israel Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 35. Saudi Arabia Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 36. UAE Optical Character Recognition Revenue, (US$, Mn), 2017-2028
Figure 37. ABBY Software Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 38. Anyline Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 39. Adobe Systems Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 40. ATAPY Software Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 41. CCi Intelligence Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 42. Creaceed Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 43. Captricity Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 44. Exper-OCR Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 45. Google Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 46. IBM Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 47. LEAD Technologies Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 48. Microsoft Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)
Figure 49. Nuance Communications Optical Character Recognition Revenue Year Over Year Growth (US$, Mn) & (2017-2022)