PUBLISHER: The Business Research Company | PRODUCT CODE: 1703008
PUBLISHER: The Business Research Company | PRODUCT CODE: 1703008
Business card scanning software is a digital tool or application designed to capture, store, and manage contact information from physical business cards electronically. This software streamlines the process of capturing and organizing contact details from physical business cards, allowing users to digitize and manage their contacts efficiently for enhanced networking and relationship management.
The primary types of business card scanning software include cloud-based, web-based, and others. Cloud computing, commonly known as cloud-based systems, involves the delivery of hosted services over the Internet. These software solutions are compatible with various platforms such as Android, the iPhone operating system (iOS), and Windows, catering to diverse applications including large enterprises, small and medium enterprises, and others.
The business card scanning software market research report is one of a series of new reports from The Business Research Company that provides business card scanning software market statistics, including business card scanning software industry global market size, regional shares, competitors with a business card scanning software market share, detailed business card scanning software market segments, market trends and opportunities, and any further data you may need to thrive in the business card scanning software industry. This business card scanning software market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The business card scanning software market size has grown exponentially in recent years. It will grow from $2.19 billion in 2024 to $2.63 billion in 2025 at a compound annual growth rate (CAGR) of 20.3%. The growth in the historic period can be attributed to the increasing adoption of smartphones, the growing need for efficient contact management solutions, the rise of digital networking, globalization and expansion of business networks, and the demand for improved data accuracy.
The business card scanning software market size is expected to see exponential growth in the next few years. It will grow to $5.46 billion in 2029 at a compound annual growth rate (CAGR) of 20.0%. The growth in the forecast period can be attributed to rising demand for cloud-based solutions, increasing focus on data privacy, expansion of e-commerce and online business platforms, growth of subscription-based business models, shift towards contactless interactions. Major trends in the forecast period include increasing integration, AI-powered recognition, enhanced security measures, surge in mobile app development for business card scanning, enhanced data analytics.
The anticipated rise in smartphone penetration is set to drive the expansion of the business card scanning software market in the foreseeable future. Smartphones, handheld electronic devices combining mobile phone functionality with computer-like features, have seen increased adoption due to factors such as the growing availability and affordability of high-speed internet connectivity, rising demand for affordable smartphones, and the proliferation of e-commerce. Business card scanning software for smartphones facilitates streamlined contact management by swiftly digitizing and organizing business card details, thereby improving networking efficiency and lead generation for professionals and businesses. For example, in April 2022, as reported by the Department of Telecommunications under the Ministry of Information and Communications, smartphone subscribers in Vietnam rose from 91.3 million in 2021 to 93.5 million in 2022, reaching 73.5% of the nation's adult population. Thus, the surge in smartphone penetration fuels the growth of the business card scanning software market.
The increasing trend of digitalization is expected to further propel the expansion of the business card scanning software market. Digitalization involves utilizing digital technologies to convert processes, activities, or assets into digital formats. Its rise is driven by its ability to streamline operations, enhance efficiency, improve accessibility, and unlock new avenues for innovation and growth across various sectors. Business card scanning software harnesses digitalization to convert physical business cards into digital counterparts, simplifying storage, sorting, and access to contact information. This advancement enhances business networking, communication, and relationship management by making the process more efficient. For instance, in May 2023, according to a report by the European Investment Bank, approximately 42% of European companies increased their investment in digitalization in 2022, marking a 9% point rise compared to 2021. Hence, the escalating trend of digitalization drives the growth of the business card scanning software market.
Leading companies in the business card scanning software market emphasize PowerSecure technology to improve battery efficiency and enhance device performance. PowerSecure technology, developed by Zebra Technologies, optimizes battery management and power consumption in mobile devices, allowing users to capture and manage contact information without interruption. For example, in May 2024, Zebra Technologies, a U.S.-based manufacturing company, introduced the FS42 fixed industrial scanner and the 3S Series 3D sensors. The FS42 scanner features a neural processing unit (NPU), which boosts performance for AI-driven deep learning applications, enabling it to handle complex tasks such as assembly verification and defect detection-essential functions in manufacturing settings. Additionally, the device includes Zebra's Aurora Focus software, simplifying setup and deployment across various operational environments.
Major companies operating in the business card scanning software market are Google LLC, Microsoft Corporation Inc., Adobe Inc., HubSpot Inc., Zoho Corporation, Iris S.A., ABBYY Solutions Ltd., Sansan Inc., The Neat Company, Softonic International, Popl Co Company, Ambir Technology Inc., Penpower Tech. Ltd., Intsig Information Co., Covve Visual Network Ltd., Haystack Team Inc., Linq App Inc., CardMunch, OrangeTreeApps LLC, Doorway, Shoeboxed Inc., HiHello Inc., Know.ee, Evernote Corporation
North America was the largest region in the business card scanning software market in 2024. The regions covered in the business card scanning software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the business card scanning software market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The business card scanning software market includes revenues earned by entities by providing services such as image processing, data management, customization, and training and support. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Business Card Scanning Software Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on business card scanning software market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for business card scanning software ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The business card scanning software market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.