Handwriting Recognition (HWR) Market By Type (Online And Offline Handwriting Recognition) - Growth, Future Prospects And Competitive Analysis, 2017 - 2025

Handwriting recognition (HWR) refers to a process of converting handwritten text into machine-readable text. The technology is available in two modes viz. online recognition and offline recognition. The overall system comprises hardware as well as software components. In case of online handwriting recognition, software plays the prime role for recognizing text written on a given device. Offline handwriting recognition comprises hardware devices such as scanning pen and mini-scanner that are used to read the text written on paper. Handwriting recognition technology plays a crucial role in corporate and government enterprises, as it facilitates document preservation and their digital storage. The handwriting recognition software based on algorithm designed to translate different languages and symbols into machine-readable electronic text.

The most prominent factor fueling the market growth is the rising demand from corporate and government enterprises for effective document management. Substantial amount of the government and corporate enterprises still rely upon physical documents and files. Additionally, these organizations face significant challenges in preserving old documents and converting them to electronic media. Handwriting recognition is proven to be a viable solution for effective document management. Moreover, decoding complex languages such as Chinese (Mandarin), Japanese, Arabic and Korean is another challenging task for different organizations. Subsequently, handwriting recognition technology has witnessed profound growth over the period of time.

The report titled “Global Handwriting Recognition (HWR) Market- Growth, Future Prospects and Competitive Analysis, 2017 – 2025” offers strategic insights into the global handwriting recognition (HWR) market along with the market size and estimates for the duration 2015 to 2025. The said research study covers in-depth analysis of multiple market segments based on type, application and cross-sectional study across different geographies and sub-geographies. The study covers the comparative analysis of different segments for the years 2016 & 2025. The report also provides a prolific view on market dynamics such as market drivers, restraints and opportunities.

In order to help strategic decision makers, the report also includes competitive profiling of the leading providers of handwriting recognition (HWR) solutions, market positioning and key developments. Some of the major players profiled in the report are MyScript, Hanwang Technology Co., Ltd., Nuance Communications, Inc., Paragon Software Group, SELVAS AI, Inc., PhatWare Corporation, Sciometrics, LLC and SinoVoice. 

Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the handwriting recognition industry
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis
• Trailing 2-Year market size data (2015 – 2016)
   

Overall, the research study provides a holistic view of the global handwriting recognition (HWR) market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above mentioned factors.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.4 Assumptions
1.3.5 Approach Adopted

Chapter 2 Executive Summary
2.1 Market Snapshot: Global Handwriting Recognition (HWR) Market
2.2 Global Handwriting Recognition Market, By Type
2.3 Global Handwriting Recognition Market, By Application
2.4 Global Handwriting Recognition Market, By Geography

Chapter 3 Market Dynamics
3.1 Market Overview
3.1.1 Global Handwriting Recognition (HWR) Market Revenue and Growth, 2015 – 2025, (US$ Mn)
3.2 Market Inclination Insights
3.2.1 Growing efforts towards multilingual recognition
3.2.2 Periodic upgrades of handwriting recognition software/apps
3.3 Market Drivers
3.3.1 Continued demand from the corporate enterprises and educational sectors
3.3.2 Growing adoption of handwriting recognition across the automotive industry
3.4 Challenges
3.4.1 Limitations in Handwriting Recognition Algorithms
3.5 See-Saw Analysis
3.5.1 Impact Analysis of Drivers and Restraints
3.6 Competitive Landscape
3.6.1 Market Positioning of Key Handwriting Recognition (HWR) System Providers
3.6.2 Leading player’s strategies

Chapter 4 Global Handwriting Recognition (HWR) Market, By Type
4.1 Overview
4.2 Online Handwriting Recognition
4.2.1 Global Online Handwriting Recognition (HWR) Market Revenue and Growth, 2015 – 2025, (US$ Mn)
4.3 Offline Handwriting Recognition
4.3.1 Global Offline Handwriting Recognition (HWR) Market Revenue and Growth, 2015 – 2025, (US$ Mn)

Chapter 5 Global Handwriting Recognition (HWR) Market, By Application
5.1 Overview
5.1.1 Handwriting Recognition (HWR) Market Revenue Share, By Application, 2016 & 2025 (%)
5.2 Automotive
5.2.1 Handwriting Recognition (HWR) Market for Automotive Revenue, 2015 – 2025, (US$ Mn)
5.3 Education and Literature
5.3.1 Handwriting Recognition (HWR) Market for Education and Literature Revenue, 2015 – 2025, (US$ Mn)
5.4 Enterprise and Field Services
5.4.1 Handwriting Recognition (HWR) Market for Enterprise and Field Services Revenue, 2015 – 2025, (US$ Mn)
5.5 Healthcare
5.5.1 Handwriting Recognition (HWR) Market for Healthcare Revenue, 2015 – 2025, (US$ Mn)
5.6 Others
5.6.1 Handwriting Recognition (HWR) Market for Other Applications Revenue, 2015 – 2025, (US$ Mn)

Chapter 6 North America Handwriting Recognition Market Analysis
6.1 Overview
6.1.1 North America Handwriting Recognitions Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
6.2 North America Handwriting Recognition Market Analysis, By Type, 2015 – 2025 (US$ Mn)
6.3 North America Handwriting Recognition Market Analysis, By Application, 2015 – 2025 (US$ Mn)
6.4 North America Handwriting Recognitions Market Analysis, By Region, 2015 – 2025 (US$ Mn)

Chapter 7 Europe Handwriting Recognition Market Analysis
7.1 Overview
7.1.1 Europe Handwriting Recognition Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
7.2 Europe Handwriting Recognition Market Analysis, By Type, 2015 – 2025 (US$ Mn)
7.3 Europe Handwriting Recognition Market Analysis, By Application, 2015 – 2025 (US$ Mn)
7.4 Europe Handwriting Recognitions Market Analysis, By Country, 2015 – 2025 (US$ Mn)

Chapter 8 Asia Pacific Handwriting Recognitions Market Analysis
8.1 Overview
8.1.1 Asia Pacific Handwriting Recognition Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
8.2 Asia Pacific Handwriting Recognition Market Analysis, By Type, 2015 – 2025 (US$ Mn)
8.3 Asia Pacific Handwriting Recognition Market Analysis, By Application, 2015 – 2025 (US$ Mn)
8.4 Asia Pacific Handwriting Recognition Market Analysis, By Region, 2015 – 2025 (US$ Mn)

Chapter 9 Rest of the World Handwriting Recognition Market Analysis
9.1 Overview
9.1.1 Rest of the World Handwriting Recognition Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
9.2 Rest of the World Handwriting Recognition Market Analysis, By Type, 2015 – 2025 (US$ Mn)
9.3 Rest of the World Handwriting Recognition Market Analysis, By Application, 2015 – 2025 (US$ Mn)
9.4 Rest of the World Handwriting Recognition Market Analysis, By Region, 2015 – 2025 (US$ Mn)

Chapter 10 Company Profiles
10.1 MyScript
10.1.1 MyScript: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.2 Nuance Communications, Inc.
10.2.1 Nuance Communications, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.3 SELVAS AI, Inc.
10.3.1 SELVAS AI, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.4 Hanwang Technology Co., Ltd.
10.4.1 Hanwang Technology Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.5 Paragon Software Group
10.5.1 Paragon Software Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.6 PhatWare Corporation
10.6.1 PhatWare Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.7 SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.)
10.7.1 SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
10.8 Sciometrics, LLC
10.8.1 Sciometrics, LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
 
List of Figures

FIG. 1 Global Handwriting Recognition (HWR) Market: Research Methodology
FIG. 2 Top-Down and Bottom Up Approach
FIG. 3 Global Handwriting Recognition Market, By Type, 2016 (US$ Mn)
FIG. 4 Global Handwriting Recognition Market, By Application, 2016 (US$ Mn)
FIG. 5 Global Handwriting Recognition Market, By Geography, 2016 (US$ Mn)
FIG. 6 Global Handwriting Recognition (HWR) Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 7 See-Saw Analysis : Global Handwriting Recognition (HWR) Market
FIG. 8 Market Positioning of Key Handwriting Recognition (HWR) System Provider, 2016
FIG. 9 Global Handwriting Recognition (HWR) Market Revenue Share, By Type, 2016 & 2025 (Revenue Share)
FIG. 10 Global Online Handwriting Recognition (HWR) Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 11 Global Offline Handwriting Recognition (HWR) Market Revenue and Growth, 2015 – 2025, (US$ Mn)
FIG. 12 Handwriting Recognition (HWR) Market Revenue Share, By Application, 2016 & 2025 (%)
FIG. 13 Handwriting Recognition (HWR) Market for Automotive Revenue, 2015 – 2025, (US$ Mn)
FIG. 14 Handwriting Recognition (HWR) Market for Education and Literature Revenue, 2015 – 2025, (US$ Mn)
FIG. 15 Handwriting Recognition (HWR) Market for Enterprise and Field Services Revenue, 2015 – 2025, (US$ Mn)
FIG. 16 Handwriting Recognition (HWR) Market for Healthcare Revenue, 2015 – 2025, (US$ Mn)
FIG. 17 Handwriting Recognition (HWR) Market for Other Applications Revenue, 2015 – 2025, (US$ Mn)
FIG. 18 North America Handwriting Recognitions Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 19 Europe Handwriting Recognition Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 20 Asia Pacific Handwriting Recognition Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
FIG. 21 Rest of the World Handwriting Recognition Market Revenue and Growth, 2015 – 2025, (US$ Mn) (Y-o-Y %)
 
List of Tables

TABLE 1 Market Snapshot: Global Handwriting Recognition (HWR) Market
TABLE 2 Automotive Production in Leading Asia Pacific Countries, 2011 - 2015
TABLE 3 Impact Indicators
TABLE 4 Impact Analysis of Drivers and Restraints
TABLE 5 North America Handwriting Recognitions Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 6 North America Handwriting Recognition Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 7 North America Handwriting Recognition Market Revenue, By Country, 2015 – 2025 (US$ Mn)
TABLE 8 Europe Handwriting Recognition Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 9 Europe Handwriting Recognition Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 10 Europe Handwriting Recognition Market Revenue, By Country, 2015 – 2025 (US$ Mn)
TABLE 11 Asia Pacific Handwriting Recognition Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 12 Asia Pacific Handwriting Recognition Market Revenue, By Application, 2015 – 2025 (US$ Mn)
TABLE 13 Asia Pacific Handwriting Recognition Market Revenue, By Country, 2015 – 2025 (US$ Mn)
TABLE 14 Rest of the World Handwriting Recognition Market Revenue, By Type, 2015 – 2025 (US$ Mn)
TABLE 15 Rest of the World Handwriting Recognitions Market Revenue, By Application, 2015– 2025 (US$ Mn)
TABLE 16 Rest of the World Handwriting Recognition Market Revenue, By Region, 2015 – 2025 (US$ Mn)
TABLE 17 MyScript: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 18 Nuance Communications, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 19 SELVAS AI, Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 20 Hanwang Technology Co., Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 21 Paragon Software Group: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 22 PhatWare Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 23 SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.): Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 24 Sciometrics, LLC: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)

The handwriting recognition (HWR) market is segmented, based on type, into following categories

• Online Handwriting Recognition
• Offline Handwriting Recognition

On the basis of type, the global handwriting recognition (HWR) market was led by the online segment in 2016. Online handwriting recognition (HWR) refers to the real-time conversion of text being written on a PFA, special digitizer or tablets, among others. The online HWR technique makes use of sensors wherein such sensors capture numerous features such as pen-tip movement and strokes over the touch screen surface. The segment accounted for more than half of the overall HWR market across the world in 2016.

Offline handwriting recognition (HWR) refers to the conversion of text from an image into digital letter codes which can be further used in text-processing and computer applications. This method is largely used in enterprises and government offices where text from numerous predefined forms needs to be extracted for recording digitally. However, factors such as largely varying writing styles, handwritings and limitations in language recognition have resulted in limited applications of the offline method for handwriting recognition.

The handwriting recognition (HWR) market has been segmented, on the basis of geographical regions, as per following regions and countries:

• North America
  • U.S.
  • Rest of North America
• Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Rest of Asia Pacific
• Rest of the World (RoW)
  • Middle East and Africa (MEA)
  • Latin America

In 2016, Asia Pacific led the overall handwriting recognition (HWR) market. The region accounted for over one third of the total market revenue generated worldwide. The market here is primarily governed by countries such as China, South Korea and Japan, having complex languages. In the following years, the Asia Pacific region would continue dominating the market due to consistently rising demand from China.

North America accounts for the second largest share, in terms of revenue, of the overall market. Healthcare represents among the most attractive applications for handwriting recognition in North America. Due to rising adoption of handwriting recognition technology across different applications, North America is estimated to demonstrate the highest growth in the following years.