Text Capture And Optical Character Recognition Market Size To Worth Usd 31.24 Billion By 2030 With A 15 % Cagr

The Text Capture and Optical Character Recognition (OCR) market is experiencing significant growth due to advancements in machine learning and artificial intelligence, as well as the increasing digitization of documents. OCR technology allows for the conversion of text within images or scanned documents into digital text, enabling tasks such as document digitization and data extraction. The global market is expected to reach USD 31.24 Billion by 2030, with a CAGR of 15% during the forecast period.