Argentina Optical Character Recognition Market Size & Outlook
The optical character recognition market in Argentina is expected to reach a projected revenue of US$ 240.1 million by 2030. A compound annual growth rate of 16.4% is expected of Argentina optical character recognition market from 2024 to 2030.
Revenue, 2023 (US$M)
$83.1
Forecast, 2030 (US$M)
$240.1
CAGR, 2024 - 2030
16.4%
Report Coverage
Argentina
Argentina optical character recognition market, 2018-2030 (US$M)
Related Markets
Argentina optical character recognition market highlights
- The Argentina optical character recognition market generated a revenue of USD 83.1 million in 2023 and is expected to reach USD 240.1 million by 2030.
- The Argentina market is expected to grow at a CAGR of 16.4% from 2024 to 2030.
- In terms of segment, software was the largest revenue generating type in 2023.
- Services is the most lucrative type segment registering the fastest growth during the forecast period.
Optical character recognition market data book summary
| Market revenue in 2023 | USD 83.1 million |
| Market revenue in 2030 | USD 240.1 million |
| Growth rate | 16.4% (CAGR from 2023 to 2030) |
| Largest segment | Software |
| Fastest growing segment | Services |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Software, Services |
| Key market players worldwide | Abby Inc, Adobe Inc, Biotricity Inc, Alphabet Inc Class A, International Business Machines Corp, Microsoft Corp, NAVER Corp, Open Text Corp |
Other key industry trends
- In terms of revenue, Argentina accounted for 0.7% of the global optical character recognition market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil optical character recognition market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 240.1 million by 2030.
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Optical Character Recognition Market Scope
Optical character recognition market segmentation & scope
Desktop-based OCR
Mobile-based OCR
Private
Public
Others
Consulting
Outsourcing
Implementation & Integration
Retail
BFSI
Government
Education
Transport and Logistics
Healthcare
IT & Telecom
Manufacturing
Others (Media & Entertainment)
Optical Character Recognition Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Argentina optical character recognition market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to optical character recognition market will help companies and investors design strategic landscapes.
Software was the largest segment with a revenue share of 84.48% in 2023. Horizon Databook has segmented the Argentina optical character recognition market based on software, services covering the revenue growth of each sub-segment from 2018 to 2030.
- Argentina Optical Character Recognition Type Outlook (Revenue, USD Million, 2018-2030)
- Software
- Desktop-based OCR
- Mobile-based OCR
- Cloud-Based OCR
- Private
- Public
- Others
- Services
- Consulting
- Outsourcing
- Implementation & Integration
- Software
- Argentina Optical Character Recognition Vertical Outlook (Revenue, USD Million, 2018-2030)
- Retail
- BFSI
- Government
- Education
- Transport and Logistics
- Healthcare
- IT & Telecom
- Manufacturing
- Others (Media & Entertainment)
- Argentina Optical Character Recognition End-Use Outlook (Revenue, USD Million, 2018-2030)
- B2B
- B2C
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Our clientele includes a mix of optical character recognition market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Argentina optical character recognition market , including forecasts for subscribers. This country databook contains high-level insights into Argentina optical character recognition market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Argentina optical character recognition market size, by type, 2018-2030 (US$M)
Argentina Optical Character Recognition Market Outlook Share, 2023 & 2030 (US$M)
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