Extract the text from PNG image
DevConverter also is an online OCR (Optical Character Recognition) service, can analyze the text in any image file that you upload, and then convert the text from the image into text that you can easily edit on your computer
PNG or Portable Network Graphic format is a graphic file format that uses lossless compression algorithm to store raster images. It uses 2 stage compression methods. It is frequently used as web site images rather than printing as it supports only the RGB color model. So CMYK color images cannot be saved as PNG image.
TXT is a document file format that supports plain text. Almost all the applications recognize and support TXT file because it does not contain any text formatting. Also all the Operating Systems and devices support this file as it contains the ASCII characters only.