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Pipelines are mainly used to transport and distribute oil, gas, fuels, chemicals, and water in end-applications including oil and gas, mining, fuel stations, automotive and transportation, construction, and manufacturing. Amongst the various modes available for transporting materials, pipelines have proven to be the most cost-effective and efficien...

Shock absorbers form an essential part of the suspension systems in vehicles. They play a vital role in dampening the vibrations caused by uneven or poor road surfaces. Its main function lies in controlling the movement of a vehicle's spring system and reducing body roll. Since roads in India are underdeveloped, good shock absorbers are essential f...

Sustainable living, green environment, zero waste goals, zero carbon emissions, and circular economy are gradually becoming key themes in the agendas of governments and private organizations the world over. As economies progressed with rapid industrialization, globalization, technological innovations, better standards of living and improved consume...

This market insight reviews the information management aspect of airport operations that use database solutions to enhance efficiency and customer satisfaction. It identifies the market participants that offer Airport Operational Database (AODB) solutions, in addition to offerings designed to complement AODB capability. Business participants within...

The Latin American data center colocation market shows a strong future growth potential, enhanced by current cloud demand, new investments, and the region’s move toward increased digitization. According to Frost & Sullivan’s Cloud End-User Survey, nearly 90% of surveyed companies in the region are using colocation today or planning to implement it ...

Environmental, social, and governance (ESG) climate risk platforms and reporting have a pivotal role in driving corporate sustainability and financial resilience. This analysis covers key segments including data ingestion, analytics, and consulting services, highlighting the growing emphasis on transparent reporting amid increasing awareness of env...

The North American consumer communication services tracker for Q3 2023 provides detailed information about several consumer communication service companies in the United States and Canada. The aggregated data—delivered by country, technology, and company—includes subscriber, revenue, net add (loss), projection, and industry share for the residentia...

Artificial intelligence (AI) is widely used across multiple industries, particularly in the communications sector, to enhance, optimize, and automate network infrastructure. Key AI capabilities include machine learning, data analytics, and network automation. AI helps synchronize data and improve usability, thereby increasing scalability. Demand fo...

30 Apr 2020  |  North America  |  Market Research

North American Optical Character Recognition Market, Forecast to 2024

While Traditional OCR is the Larger Segment in this Growing Market, AI OCR is Expected to Record Explosive Growth

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This growth insight focuses on the North American optical character recognition (OCR) market. Revenue projections are derived from historical trends, bottom-up analysis of leading vendors, and modeled analysis of the impacts of various drivers and restraints during the forecast period across the North American region. The base year for the study is...