Report cover image

Latin America Optical Character Recognition Market 2022-2028

Publisher Triton Market Research
Published Jul 19, 2022
Length 110 Pages
SKU # TRTN17307654

Description

Latin America Optical Character Recognition Market 2022-2028

MARKET OUTLOOK

Triton’s research report infers that the Latin American optical character recognition market is expected to witness growth at a compound annual growth rate of 16.31% during the forecasting years 2022-2028. Mexico, Brazil, and Rest of Latin America outline the market in this region.

In Brazil, OCR solutions are widely used to scan and digitalize paper documents. For instance, OCRConvert provides document and image scanning in Portuguese. Additionally, numerous institutions are adopting OCR systems to enhance educational value. For instance, Porto Alegre is among the cultural, political, and economic centers that have employed OCR on a large scale. Therefore, the growing adoption of OCR systems widens the scope of the optical character recognition market.

On the other hand, the government has been developing OCR applications for government IDs and ports in Argentina. For instance, the National Reorganization Process developed automatically corrected ORC text from a digital archive set up to preserve documents created from 1976-1983. This helped representatives to correct about 30% of the OCR errors. Therefore, such developments are boosting the optical character recognition market on a progressive path.

COMPETITIVE OUTLOOK

The leading companies in the optical character recognition market are IBM, Adobe Systems Inc, Nuance Communications Inc, Abby, Google Inc, and Iris Group SA.

Table of Contents

110 Pages
1. Latin America Optical Character Recognition Market - Summary
2. Industry Outlook
2.1. Impact Of Covid-19 On The Optical Character Recognition Market
2.2. Key Insights
2.2.1. Increasing Investments In Ocr Start-up Companies
2.2.2. Rise In Benefits Of Integrated Technologies
2.3. Porter’s Five Forces Analysis
2.3.1. Threat Of New Entrants
2.3.2. Threat Of Substitutes
2.3.3. Bargaining Power Of Buyers
2.3.4. Bargaining Power Of Suppliers
2.3.5. Threat Of Competitive Rivalry
2.4. Market Attractiveness Index
2.5. Vendor Scorecard
2.6. Industry Components
2.7. Key Market Strategies
2.7.1. Mergers
2.7.2. Product Launches
2.7.3. Partnerships
2.7.4. Business Expansions
2.8. Market Drivers
2.8.1. Advanced Document Protection And Better Customer Support
2.8.2. Growing Implementation Of Ocr Solutions In Advanced Technology
2.8.3. Rise In Ocr Adoption Across Diversified Industry Verticals
2.9. Market Challenges
2.9.1. Limitations In Delivering Accurate Output
2.9.2. Lack Of Accuracy In Recognizing Handwritten Material
2.10. Market Opportunities
2.10.1. Increasing Digitalization Practices Across The Globe
2.10.2. Rising Need For Id Verification Service
3. Latin America Optical Character Recognition Market Outlook - By Product
3.1. Software
3.2. Service
4. Latin America Optical Character Recognition Market Outlook - By Operation
4.1. B2b
4.2. B2c
5. Latin America Optical Character Recognition Market Outlook - By Vertical
5.1. Bfsi
5.2. Transport & Logistics
5.3. Healthcare
5.4. Government
5.5. Education
5.6. It & Telecom
5.7. Manufacturing
5.8. Retail
5.9. Others
6. Latin America Optical Character Recognition Market – Country Outlook
6.1. Brazil
6.2. Mexico
6.3. Rest Of Latin America
7. Competitive Landscape
7.1. Google Llc
7.2. Ibm
7.3. Microsoft Corporation
7.4. Adobe Systems Inc
7.5. Nuance Communications Inc
7.6. Abbyy
7.7. Anyline Gmbh
7.8. Captricity Inc (Acquired By Ss&C)
7.9. Creaceed
7.10. Foxit Software Inc
7.11. Expervision Inc
7.12. Intsig Information Co Ltd
7.13. Iris Group Sa
7.14. Lead Technologies
8. Research Methodology & Scope
8.1. Research Scope & Deliverables
8.2. Sources Of Data
8.3. Research Methodology
Table List
Table 1: Latin America Optical Character Recognition Market, By Country, 2022-2028 (In $ Million)
Table 2: Vendor Scorecard
Table 3: List Of Mergers
Table 4: List Of Product Launches
Table 5: List Of Partnerships
Table 6: List Of Business Expansions
Table 7: Latin America Optical Character Recognition Market, By Product, 2022-2028 (In $ Million)
Table 8: Latin America Optical Character Recognition Market, By Operation, 2022-2028 (In $ Million)
Table 9: Latin America Optical Character Recognition Market, By Vertical, 2022-2028 (In $ Million)
Table 10: Latin America Optical Character Recognition Market, By Country, 2022-2028 (In $ Million)
Figure List
Figure 1: Market Attractiveness Index
Figure 2: Industry Components
Figure 3: Latin America Optical Character Recognition Market, Product Outlook, 2021 & 2028 (In %)
Figure 4: Latin America Optical Character Recognition Market, By Software, 2022-2028 (In $ Million)
Figure 5: Latin America Optical Character Recognition Market, By Service, 2022-2028 (In $ Million)
Figure 6: Latin America Optical Character Recognition Market, Operation Outlook, 2021 & 2028 (In %)
Figure 7: Latin America Optical Character Recognition Market, By B2b, 2022-2028 (In $ Million)
Figure 8: Latin America Optical Character Recognition Market, By B2c, 2022-2028 (In $ Million)
Figure 9: Latin America Optical Character Recognition Market, Vertical Outlook, 2021 & 2028 (In %)
Figure 10: Latin America Optical Character Recognition Market, By Bfsi, 2022-2028 (In $ Million)
Figure 11: Latin America Optical Character Recognition Market, By Transport & Logistics, 2022-2028 (In $ Million)
Figure 12: Latin America Optical Character Recognition Market, By Healthcare, 2022-2028 (In $ Million)
Figure 13: Latin America Optical Character Recognition Market, By Government, 2022-2028 (In $ Million)
Figure 14: Latin America Optical Character Recognition Market, By Education, 2022-2028 (In $ Million)
Figure 15: Latin America Optical Character Recognition Market, By It & Telecom, 2022-2028 (In $ Million)
Figure 16: Latin America Optical Character Recognition Market, By Manufacturing, 2022-2028 (In $ Million)
Figure 17: Latin America Optical Character Recognition Market, By Retail, 2022-2028 (In $ Million)
Figure 18: Latin America Optical Character Recognition Market, By Others, 2022-2028 (In $ Million)
Figure 19: Latin America Optical Character Recognition Market, Country Outlook, 2021 & 2028 (In %)
Figure 20: Brazil Optical Character Recognition Market 2022-2028 (In $ Million)
Figure 21: Mexico Optical Character Recognition Market 2022-2028 (In $ Million)
Figure 22: Rest Of Latin America Optical Character Recognition Market 2022-2028 (In $ Million)

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us