Optical Character Recognition (OCR) Software Market, Global Outlook and Forecast 2023-2032
OCR (optical character recognition) software is designed to help businesses convert different types of document formats, such as scanned paper documents, PDF files, or images, into editable and searchable electronic data files.
This report aims to provide a comprehensive presentation of the global market for Optical Character Recognition (OCR) Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Optical Character Recognition (OCR) Software. This report contains market size and forecasts of Optical Character Recognition (OCR) Software in global, including the following market information:
Global Optical Character Recognition (OCR) Software Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global top five companies in 2022 (%)
The global Optical Character Recognition (OCR) Software market was valued at US$ 811.2 million in 2022 and is projected to reach US$ 1161.7 million by 2029, at a CAGR of 5.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
In the global market, the core manufacturers of optical character recognition software include ABBYY and Adobe etc, and the top 2 manufacturers account for about 10% of the market share. The market include North America, Europe and Asia Pacific, with a share of 39%, 31% and 25%. on-premises accounted for 73% and cloud-based bike accounted for 27%. The product is mainly used in large enterprises and SMEs fields, with a share of 63% and 37%.
We surveyed the Optical Character Recognition (OCR) Software 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 (OCR) Software Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Optical Character Recognition (OCR) Software Market Segment Percentages, by Type, 2022 (%)
Web-Based
On-Premise
Global Optical Character Recognition (OCR) Software Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Optical Character Recognition (OCR) Software Market Segment Percentages, by Application, 2022 (%)
Personal Perpetual
Enterprise Perpetual
Global Optical Character Recognition (OCR) Software Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Optical Character Recognition (OCR) Software Market Segment Percentages, By Region and Country, 2022 (%)
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 (OCR) Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Optical Character Recognition (OCR) Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Adobe
ABBYY Software House
Hyland Software
Docuphase
Alfresco
ByteScout
OnlineOCR
CVISION Technologies
MB Mygtukynas
Cognex
FreeOCR
GRM Information Management
Anyline
Outline of Major Chapters:
Chapter 1: Introduces the definition of Optical Character Recognition (OCR) Software, market overview.
Chapter 2: Global Optical Character Recognition (OCR) Software market size in revenue.
Chapter 3: Detailed analysis of Optical Character Recognition (OCR) Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Optical Character Recognition (OCR) Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.