What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in ocr software category. Our data sources in ocr software category include;
A significant share of online and offline data sources (e.g. scanned documents, images) include text in image format. OCR software converts images into text. Most OCR software also understands handwritten text albeit at lower accuracy compared to printed text.
To be categorized as an OCR software, a product must be able to automatically convert images into text.
If you’d like to learn about the ecosystem consisting of OCR Software and others, feel free to check AIMultiple Productivity.
AIMultiple is data driven. Evaluate 78 services based on
comprehensive, transparent and objective AIMultiple scores.
For any of our scores, click the information icon to learn how it is
calculated based on objective data.
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We use the data sources on the side for ranking solutions and awarding badges in ocr software category. Our data sources in ocr software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
Acrobat Reader DC
CamScanner
ABBYY Recognition Server
PDFelement 6
Docparser
Taking into account the latest metrics outlined below, these are the current ocr software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
Acrobat Reader DC
CamScanner
ABBYY Recognition Server
PDFelement 6
Docparser
These are the number of queries on search engines which include the brand name of the solution. Compared to other Productivity categories, OCR Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 96%, 18% more than the average of search queries in this area.
40 employees work for a typical company in this solution category which is 19 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 43 companies with >10 employees are offering ocr software. Top 3 products are developed by companies with a total of 300k employees. The largest company building ocr software is IBM with more than 300,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
Acrobat Reader DC
CamScanner
ABBYY Recognition Server
PDFelement 6
Docparser
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all OCR Software companies. The most positive word describing OCR Software is “Easy to use” that is used in 15% of the reviews. The most negative one is “Difficult” with which is used in 4.00% of all the OCR Software reviews.
According to customer reviews, most common company size for ocr software customers is 1-50 Employees. Customers with 1-50 Employees make up 46% of ocr software customers. For an average Productivity solution, customers with 1-50 Employees make up 4% of total customers.
These scores are the average scores collected from customer reviews for all OCR Software. OCR Software is most positively evaluated in terms of "Overall" but falls behind in "Customer Service".
This category was searched on average for 15.3k times per month on search engines in 2022. This number has decreased to 14.2k in 2023. If we compare with other productivity solutions, a typical solution was searched 5.5k times in 2022 and this increased to 6.3k in 2023.