Too Long; Didn't Read
Traditional companies must embrace new technology to compete with their market rivals; else, clever competitors will outsmart them. The global market for Optical Character Recognition would reach about $12.6 billion USD by the end of 2025. Traditional OCRs have a variety of drawbacks, including character misreading, lengthy computation and uploading times, and the absence of data characteristics while reading text. Artificial intelligence-driven OCR systems may help businesses save money by automating manual verification activities formerly done by high-paid employees.