Optical Character Recognition Market: Important Changes In Market Dynamics 2020 - 2030
According to a new market report published by Transparency Market Research entitled “Optical Character Recognition Market (By Type – Software (Desktop-based OCR, Mobile-based OCR, Cloud-based OCR (Multi-tenant Cloud, Private Cloud)) and others (Batch OCR, Server based OCR etc.), Service (Consulting, Outsourcing, Implementation & Integration), By End-use – Retail, Government, BFSI, Education, Transport & Logistics, Healthcare, Media & Entertainment, IT & Telecom, Manufacturing) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2020 – 2030,” the global optical character recognition market is expected to reach a value of US$ 51,527.0 Mn by 2030. The market is estimated to expand at a CAGR of 15.2% during the forecast period from 2020 to 2030. Optical character recognition (OCR) is a technology that accurately recognizes printed and written text characters by a computer. A t...