Presence of numerous participants makes the global market for optical character recognition (OCR) highly fragmented and competitive in nature. Well-entrenched, keen players operating in the market are leveraging multi-pronged strategies to surge ahead of their competitors. Competitive prices to entice more customers, mergers, partnerships, and acquisitions to tap into new markets, and addition of new services are some such strategies deployed by companies to bolster their positions further. Some of the key players operating in the global market for optical character recognition are Anyline GmbH, ABBY Software Ltd., Adobe Systems Incorporated, ATAPY Software, CCi Intelligence Co. Ltd., Creaceed S.P.R.L., CVSION Technologies Inc., Exper-OCR Inc., Google Inc., LEAD Technologies Inc., I.R.I.S.S.A. (Canon), IBM Corporation, Microsoft Corporation, Nuance Communications Inc., NTT Data Corporation, Paradatec, Inc., Prime Recognition Corporation, Ripcord Inc., Transym Computer Services Ltd., B...