The global optical character recognition market size was estimated at USD 10.62 billion in 2022 and is projected to reach USD 32.90 billion by 2030, growing at a CAGR of 14.8% from 2024 to 2030. Optical character recognition (OCR) technology converts printed and physical documents into machine-readable texts.| www.grandviewresearch.com
The global natural language processing market size was valued at USD 27.73 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 40.4% from 2023 to 2030| www.grandviewresearch.com
The global machine learning market size was valued at USD 36.73 billion in 2022 and is expected to grow at a CAGR of 34.8% from 2023 to 2030| www.grandviewresearch.com
The global software as a service market size was estimated at USD 399.10 billion in 2024 and is projected to grow at a CAGR of 12.0% from 2025 to 2030| www.grandviewresearch.com
The global software market size was valued at USD 583.47 billion in 2022 and is expected to grow at a CAGR of 11.5% from 2023 to 2030.| www.grandviewresearch.com
The global artificial intelligence market size was valued at USD 279.22 billion in 2024 and is projected to grow at a CAGR of 35.9% from 2025 to 2030| www.grandviewresearch.com