Optical Character Recognition Software Market, Global Outlook and Forecast 2023-2029

Report ID: MMG47753 | Category: Service & Software | Pages: 108 | Format: PDF | Published Date: February 21,2023

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Report Description
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Report Summary

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 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 Software. This report contains market size and forecasts of Optical Character Recognition Software in global, including the following market information:
Global Optical Character Recognition Software Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Optical Character Recognition Software market was valued at US$ 811.2 million in 2022 and is projected to reach US$ 1510.1 million by 2029, at a CAGR of 9.3% 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%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Optical Character Recognition 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 Software Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Optical Character Recognition Software Market Segment Percentages, by Type, 2022 (%)
    On-premises
    Cloud-based
Global Optical Character Recognition Software Market, by End User, 2018-2023, 2024-2029 ($ millions)
Global Optical Character Recognition Software Market Segment Percentages, by End User, 2022 (%)
    Large Enterprises
    SMEs
Global Optical Character Recognition Software Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Optical Character Recognition 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 Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Optical Character Recognition Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ABBYY
    Adobe
    Wondershare Software
    Veryfi
    Hyland Software
    Docuphase
    PDFTron Systems
    Ephesoft
    Oxcyon
    Foxit Maestro
    Cognex
    GRM Information
    EchoVera
    Anyline
    IRIS (Canon Group)
    OCR Solutions
    Prime Recognition
    Trumpet Symphony
Outline of Major Chapters:
Chapter 1: Introduces the definition of Optical Character Recognition Software, market overview.
Chapter 2: Global Optical Character Recognition Software market size in revenue.
Chapter 3: Detailed analysis of Optical Character Recognition 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 end user, 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 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.

1 Introduction to Research & Analysis Reports
    1.1 Optical Character Recognition Software Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by End User
    1.3 Global Optical Character Recognition Software 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 Software Overall Market Size
    2.1 Global Optical Character Recognition Software Market Size: 2022 VS 2029
    2.2 Global Optical Character Recognition Software Market Size, Prospects & Forecasts: 2018-2029
    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 Software Players in Global Market
    3.2 Top Global Optical Character Recognition Software Companies Ranked by Revenue
    3.3 Global Optical Character Recognition Software Revenue by Companies
    3.4 Top 3 and Top 5 Optical Character Recognition Software Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Optical Character Recognition Software Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Optical Character Recognition Software Players in Global Market
        3.6.1 List of Global Tier 1 Optical Character Recognition Software Companies
        3.6.2 List of Global Tier 2 and Tier 3 Optical Character Recognition Software Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Optical Character Recognition Software Market Size Markets, 2022 & 2029
        4.1.2 On-premises
        4.1.3 Cloud-based
    4.2 By Type - Global Optical Character Recognition Software Revenue & Forecasts
        4.2.1 By Type - Global Optical Character Recognition Software Revenue, 2018-2023
        4.2.2 By Type - Global Optical Character Recognition Software Revenue, 2024-2029
        4.2.3 By Type - Global Optical Character Recognition Software Revenue Market Share, 2018-2029
5 Sights by End User
    5.1 Overview
        5.1.1 By End User - Global Optical Character Recognition Software Market Size, 2022 & 2029
        5.1.2 Large Enterprises
        5.1.3 SMEs
    5.2 By End User - Global Optical Character Recognition Software Revenue & Forecasts
        5.2.1 By End User - Global Optical Character Recognition Software Revenue, 2018-2023
        5.2.2 By End User - Global Optical Character Recognition Software Revenue, 2024-2029
        5.2.3 By End User - Global Optical Character Recognition Software Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Optical Character Recognition Software Market Size, 2022 & 2029
    6.2 By Region - Global Optical Character Recognition Software Revenue & Forecasts
        6.2.1 By Region - Global Optical Character Recognition Software Revenue, 2018-2023
        6.2.2 By Region - Global Optical Character Recognition Software Revenue, 2024-2029
        6.2.3 By Region - Global Optical Character Recognition Software Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Optical Character Recognition Software Revenue, 2018-2029
        6.3.2 US Optical Character Recognition Software Market Size, 2018-2029
        6.3.3 Canada Optical Character Recognition Software Market Size, 2018-2029
        6.3.4 Mexico Optical Character Recognition Software Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Optical Character Recognition Software Revenue, 2018-2029
        6.4.2 Germany Optical Character Recognition Software Market Size, 2018-2029
        6.4.3 France Optical Character Recognition Software Market Size, 2018-2029
        6.4.4 U.K. Optical Character Recognition Software Market Size, 2018-2029
        6.4.5 Italy Optical Character Recognition Software Market Size, 2018-2029
        6.4.6 Russia Optical Character Recognition Software Market Size, 2018-2029
        6.4.7 Nordic Countries Optical Character Recognition Software Market Size, 2018-2029
        6.4.8 Benelux Optical Character Recognition Software Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Optical Character Recognition Software Revenue, 2018-2029
        6.5.2 China Optical Character Recognition Software Market Size, 2018-2029
        6.5.3 Japan Optical Character Recognition Software Market Size, 2018-2029
        6.5.4 South Korea Optical Character Recognition Software Market Size, 2018-2029
        6.5.5 Southeast Asia Optical Character Recognition Software Market Size, 2018-2029
        6.5.6 India Optical Character Recognition Software Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Optical Character Recognition Software Revenue, 2018-2029
        6.6.2 Brazil Optical Character Recognition Software Market Size, 2018-2029
        6.6.3 Argentina Optical Character Recognition Software Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Optical Character Recognition Software Revenue, 2018-2029
        6.7.2 Turkey Optical Character Recognition Software Market Size, 2018-2029
        6.7.3 Israel Optical Character Recognition Software Market Size, 2018-2029
        6.7.4 Saudi Arabia Optical Character Recognition Software Market Size, 2018-2029
        6.7.5 UAE Optical Character Recognition Software Market Size, 2018-2029
7 Optical Character Recognition Software Companies Profiles
    7.1 ABBYY
        7.1.1 ABBYY Company Summary
        7.1.2 ABBYY Business Overview
        7.1.3 ABBYY Optical Character Recognition Software Major Product Offerings
        7.1.4 ABBYY Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.1.5 ABBYY Key News & Latest Developments
    7.2 Adobe
        7.2.1 Adobe Company Summary
        7.2.2 Adobe Business Overview
        7.2.3 Adobe Optical Character Recognition Software Major Product Offerings
        7.2.4 Adobe Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.2.5 Adobe Key News & Latest Developments
    7.3 Wondershare Software
        7.3.1 Wondershare Software Company Summary
        7.3.2 Wondershare Software Business Overview
        7.3.3 Wondershare Software Optical Character Recognition Software Major Product Offerings
        7.3.4 Wondershare Software Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.3.5 Wondershare Software Key News & Latest Developments
    7.4 Veryfi
        7.4.1 Veryfi Company Summary
        7.4.2 Veryfi Business Overview
        7.4.3 Veryfi Optical Character Recognition Software Major Product Offerings
        7.4.4 Veryfi Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.4.5 Veryfi Key News & Latest Developments
    7.5 Hyland Software
        7.5.1 Hyland Software Company Summary
        7.5.2 Hyland Software Business Overview
        7.5.3 Hyland Software Optical Character Recognition Software Major Product Offerings
        7.5.4 Hyland Software Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.5.5 Hyland Software Key News & Latest Developments
    7.6 Docuphase
        7.6.1 Docuphase Company Summary
        7.6.2 Docuphase Business Overview
        7.6.3 Docuphase Optical Character Recognition Software Major Product Offerings
        7.6.4 Docuphase Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.6.5 Docuphase Key News & Latest Developments
    7.7 PDFTron Systems
        7.7.1 PDFTron Systems Company Summary
        7.7.2 PDFTron Systems Business Overview
        7.7.3 PDFTron Systems Optical Character Recognition Software Major Product Offerings
        7.7.4 PDFTron Systems Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.7.5 PDFTron Systems Key News & Latest Developments
    7.8 Ephesoft
        7.8.1 Ephesoft Company Summary
        7.8.2 Ephesoft Business Overview
        7.8.3 Ephesoft Optical Character Recognition Software Major Product Offerings
        7.8.4 Ephesoft Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.8.5 Ephesoft Key News & Latest Developments
    7.9 Oxcyon
        7.9.1 Oxcyon Company Summary
        7.9.2 Oxcyon Business Overview
        7.9.3 Oxcyon Optical Character Recognition Software Major Product Offerings
        7.9.4 Oxcyon Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.9.5 Oxcyon Key News & Latest Developments
    7.10 Foxit Maestro
        7.10.1 Foxit Maestro Company Summary
        7.10.2 Foxit Maestro Business Overview
        7.10.3 Foxit Maestro Optical Character Recognition Software Major Product Offerings
        7.10.4 Foxit Maestro Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.10.5 Foxit Maestro Key News & Latest Developments
    7.11 Cognex
        7.11.1 Cognex Company Summary
        7.11.2 Cognex Business Overview
        7.11.3 Cognex Optical Character Recognition Software Major Product Offerings
        7.11.4 Cognex Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.11.5 Cognex Key News & Latest Developments
    7.12 GRM Information
        7.12.1 GRM Information Company Summary
        7.12.2 GRM Information Business Overview
        7.12.3 GRM Information Optical Character Recognition Software Major Product Offerings
        7.12.4 GRM Information Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.12.5 GRM Information Key News & Latest Developments
    7.13 EchoVera
        7.13.1 EchoVera Company Summary
        7.13.2 EchoVera Business Overview
        7.13.3 EchoVera Optical Character Recognition Software Major Product Offerings
        7.13.4 EchoVera Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.13.5 EchoVera Key News & Latest Developments
    7.14 Anyline
        7.14.1 Anyline Company Summary
        7.14.2 Anyline Business Overview
        7.14.3 Anyline Optical Character Recognition Software Major Product Offerings
        7.14.4 Anyline Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.14.5 Anyline Key News & Latest Developments
    7.15 IRIS (Canon Group)
        7.15.1 IRIS (Canon Group) Company Summary
        7.15.2 IRIS (Canon Group) Business Overview
        7.15.3 IRIS (Canon Group) Optical Character Recognition Software Major Product Offerings
        7.15.4 IRIS (Canon Group) Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.15.5 IRIS (Canon Group) Key News & Latest Developments
    7.16 OCR Solutions
        7.16.1 OCR Solutions Company Summary
        7.16.2 OCR Solutions Business Overview
        7.16.3 OCR Solutions Optical Character Recognition Software Major Product Offerings
        7.16.4 OCR Solutions Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.16.5 OCR Solutions Key News & Latest Developments
    7.17 Prime Recognition
        7.17.1 Prime Recognition Company Summary
        7.17.2 Prime Recognition Business Overview
        7.17.3 Prime Recognition Optical Character Recognition Software Major Product Offerings
        7.17.4 Prime Recognition Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.17.5 Prime Recognition Key News & Latest Developments
    7.18 Trumpet Symphony
        7.18.1 Trumpet Symphony Company Summary
        7.18.2 Trumpet Symphony Business Overview
        7.18.3 Trumpet Symphony Optical Character Recognition Software Major Product Offerings
        7.18.4 Trumpet Symphony Optical Character Recognition Software Revenue in Global Market (2018-2023)
        7.18.5 Trumpet Symphony Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Optical Character Recognition Software Market, Global Outlook and Forecast 2023-2029

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