Market Overview:
The global handwriting recognition (HWR) market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The increasing demand for handwritten input in various applications such as automotive, education and literature, enterprise and field services, healthcare, and others is driving the growth of the global handwriting recognition (HWR) market. Offline handwriting recognition accounted for a larger share of the global HWR market in 2017 owing to its widespread use across various industries. However, online handwriting recognition is expected to grow at a higher CAGR during the forecast period due to its growing demand in mobile devices and tablets. North America held the largest share of the global HWR market in 2017 followed by Europe and Asia Pacific.
 Industry Outlook.svg)
Product Definition:
Handwriting recognition (HWR) is a field of computer science and engineering concerned with the recognition of handwritten text from digital images of handwriting.
The importance of handwriting recognition is that it allows for the input of text data into a computer system by capturing handwritten characters rather than using a keyboard. This can be useful for people who are unable to use a keyboard, such as those with certain disabilities, or when speed is important and using a keyboard would be too slow.
Offline Handwriting Recognition:
Handwriting recognition is the process of converting printed text into computerized form by a Recognizer program. The data entered by the user is processed through OCR (Optical Character Recognition) technology to convert it into editable text. Handwriting recognition has become an important tool for people with visual impairment or difficulty in reading and writing as it helps them to produce legible and accurate output. It also aids professionals such as teachers, researchers, doctors, etc.
Online Handwriting Recognition:
Online Handwriting Recognition (OHR) is the part of computer vision which helps in recognizing and reading out the words formed with a pen or a pencil. It has been used by many companies as an input mechanism for their electronic products such as computers, tablets, smartphones and other devices. OHR is also used in Optical Character Recognition (OCR), which helps to convert printed text into digital form.
Application Insights:
The enterprise and field services segment dominated the global handwriting recognition market in 2017. Handwriting recognition software is being used for various applications such as signature capture, autogenerated text, or natural language processing. Enterprise and field services are expected to be the fastest-growing application segment over the forecast period owing to increasing adoption of HWR in this sector.
The healthcare segment is also expected to witness significant growth over the forecast period due to rising demand for handwritten notes in medical records across hospitals and clinics worldwide. Moreover, growing awareness about improving patient safety through effective information management will boost industry growth further.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This growth can be attributed to increasing cases of pen-based handwriting recognition in countries, such as U.S.
Asia Pacific market was valued at USD X million in 2017 owing to growing adoption of emerging technologies across several industries including healthcare, education & literature, business process outsourcing (BPO), retail & e-commerce among others.
Growth Factors:
- Increasing demand for handwriting recognition in mobile devices and tablets
- Rising demand from the healthcare sector for handwritten patient records management
- Growing popularity of digital note taking and paperless offices
- Proliferation of low-cost handwriting recognition software solutions
- Increased research and development spending by handwriting recognition technology providers
Scope Of The Report
Report Attributes
Report Details
Report Title
Handwriting Recognition (HWR) Market Research Report
By Type
Offline Handwriting Recognition, Online Handwriting Recognition
By Application
Automotive, Education and Literature, Enterprise and Field Services, Healthcare, Others
By Companies
MyScript, SELVAS AI, Hanwang Technology, PhatWare Corporation, Nuance Communications, Sciometrics, Paragon Software Group, SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Handwriting Recognition (HWR) Market Report Segments:
The global Handwriting Recognition (HWR) market is segmented on the basis of:
Types
Offline Handwriting Recognition, Online Handwriting Recognition
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Education and Literature, Enterprise and Field Services, Healthcare, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MyScript
- SELVAS AI
- Hanwang Technology
- PhatWare Corporation
- Nuance Communications
- Sciometrics
- Paragon Software Group
- SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.)
 Market Overview.svg)
Highlights of The Handwriting Recognition (HWR) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Offline Handwriting Recognition
- Online Handwriting Recognition
- By Application:
- Automotive
- Education and Literature
- Enterprise and Field Services
- Healthcare
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Handwriting Recognition (HWR) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Handwriting recognition (HWR) is the ability of a computer system to automatically identify the handwriting of a person.
Some of the major companies in the handwriting recognition (hwr) market are MyScript, SELVAS AI, Hanwang Technology, PhatWare Corporation, Nuance Communications, Sciometrics, Paragon Software Group, SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.).
The handwriting recognition (hwr) market is expected to grow at a compound annual growth rate of 10.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Handwriting Recognition (HWR) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Handwriting Recognition (HWR) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Handwriting Recognition (HWR) Market - Supply Chain
4.5. Global Handwriting Recognition (HWR) Market Forecast
4.5.1. Handwriting Recognition (HWR) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Handwriting Recognition (HWR) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Handwriting Recognition (HWR) Market Absolute $ Opportunity
5. Global Handwriting Recognition (HWR) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Handwriting Recognition (HWR) Market Size and Volume Forecast by Type
5.3.1. Offline Handwriting Recognition
5.3.2. Online Handwriting Recognition
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Handwriting Recognition (HWR) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Handwriting Recognition (HWR) Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Education and Literature
6.3.3. Enterprise and Field Services
6.3.4. Healthcare
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Handwriting Recognition (HWR) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Handwriting Recognition (HWR) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Handwriting Recognition (HWR) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Handwriting Recognition (HWR) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Handwriting Recognition (HWR) Demand Share Forecast, 2019-2029
9. North America Handwriting Recognition (HWR) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Handwriting Recognition (HWR) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Handwriting Recognition (HWR) Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Education and Literature
9.4.3. Enterprise and Field Services
9.4.4. Healthcare
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Handwriting Recognition (HWR) Market Size and Volume Forecast by Type
9.7.1. Offline Handwriting Recognition
9.7.2. Online Handwriting Recognition
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Handwriting Recognition (HWR) Demand Share Forecast, 2019-2029
10. Latin America Handwriting Recognition (HWR) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Handwriting Recognition (HWR) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Handwriting Recognition (HWR) Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Education and Literature
10.4.3. Enterprise and Field Services
10.4.4. Healthcare
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Handwriting Recognition (HWR) Market Size and Volume Forecast by Type
10.7.1. Offline Handwriting Recognition
10.7.2. Online Handwriting Recognition
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Handwriting Recognition (HWR) Demand Share Forecast, 2019-2029
11. Europe Handwriting Recognition (HWR) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Handwriting Recognition (HWR) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Handwriting Recognition (HWR) Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Education and Literature
11.4.3. Enterprise and Field Services
11.4.4. Healthcare
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Handwriting Recognition (HWR) Market Size and Volume Forecast by Type
11.7.1. Offline Handwriting Recognition
11.7.2. Online Handwriting Recognition
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Handwriting Recognition (HWR) Demand Share, 2019-2029
12. Asia Pacific Handwriting Recognition (HWR) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Handwriting Recognition (HWR) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Handwriting Recognition (HWR) Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Education and Literature
12.4.3. Enterprise and Field Services
12.4.4. Healthcare
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Handwriting Recognition (HWR) Market Size and Volume Forecast by Type
12.7.1. Offline Handwriting Recognition
12.7.2. Online Handwriting Recognition
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Handwriting Recognition (HWR) Demand Share, 2019-2029
13. Middle East & Africa Handwriting Recognition (HWR) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Handwriting Recognition (HWR) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Handwriting Recognition (HWR) Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Education and Literature
13.4.3. Enterprise and Field Services
13.4.4. Healthcare
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Handwriting Recognition (HWR) Market Size and Volume Forecast by Type
13.7.1. Offline Handwriting Recognition
13.7.2. Online Handwriting Recognition
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Handwriting Recognition (HWR) Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Handwriting Recognition (HWR) Market: Market Share Analysis
14.2. Handwriting Recognition (HWR) Distributors and Customers
14.3. Handwriting Recognition (HWR) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. MyScript
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. SELVAS AI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hanwang Technology
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. PhatWare Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Nuance Communications
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sciometrics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Paragon Software Group
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SinoVoice (Beijing Jietong Huasheng Technology Co., Ltd.)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
