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Image recognition market Trends, Size, CAGR, Growth Analysis by 2028

Submitted by pravin12 on Tue, 12/06/2022 - 23:44

The image recognition market is expected to witness market growth at a rate of 16.95% in the forecast period of 2021 to 2028.

The credible IMAGE RECOGNITION MARKET business report includes a range of inhibitors as well as driving forces of the market which are analyzed in both qualitative and quantitative approach so that readers and users get precise information and insights about ICT industry. The report aids in defining commerce strategies to the businesses of small, medium as well as large size. Statistical data mentioned in the report is symbolized with the help of graphs which simplifies the understanding of facts and figures. The analysis and estimations performed in the world class IMAGE RECOGNITION MARKET report supports to get an idea about the product launches, future products, joint ventures, marketing strategy, developments, mergers and acquisitions and effect of the same on sales, marketing, promotions, revenue, import, export, and CAGR values.

Image recognition market Scope and Market Size

On the basis of technology, the image recognition market has been segmented into code recognition, digital image processing, facial recognition, object recognition, pattern recognition, optical character recognition.
On the basis of components, the image recognition market has been segmented into hardware, software, and services.
On the basis of application, the image recognition market has been segmented into scanning and imaging, security and surveillance, image search, augmented reality, marketing, and advertising.
On the basis of deployment type, the image recognition market has been segmented into on premise and cloud.
On the basis of industry, the image recognition market has been segmented into BFSI, media, and entertainment, retail and consumer goods, IT and telecom, government, healthcare, transportation and logistics, education, gaming.

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Some of the key questions answered in this report:

How has the Image recognition market performed so far and how will it perform in the coming years?

What has been the impact of COVID-16.8 on the Image recognition market?
What are the key regional markets?
What is the breakup of the market based on the procedure?
What is the breakup of the market based on the injury location?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Image recognition market and who are the key players?
What is the degree of competition in the industry?

Market Analysis and Insights:  Image recognition market

Major factors that are expected to boost the growth of the image recognition market in the forecast period are the increase in the need for security applications and products enabled with image recognition functions. Furthermore, the rise in the utilization of high bandwidth data services is further anticipated to propel the growth of the image recognition market. Moreover, the technology developments to improve the need for image recognition amongst the CPG and retail companies are further estimated to cushion the growth of the image recognition market. On the other hand, the high installation price of the image recognition solutions is further projected to impede the growth of the image recognition market in the timeline period.

Image recognition market - Regional Level Analysis

The countries covered in the image recognition market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).

Image recognition market - Share Analysis: 

The image recognition market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the image recognition market.

Key player -  Image recognition market 

The major players covered in the image recognition market report are

Qualcomm Technologies, Inc.,
NEC Corporation,

Honeywell International Inc,
Hitachi, Ltd.,
Wikitude GmbH,
Attrasoft, Inc.,
JASTEC Co. Ltd.,
Apple Inc.,
Gemalto NV,
Ayonix Face Technologies,
Cognitec Systems GmbH,
Aware, Inc.,
Daon, Neurotechnology,
Herta Security and KeyLemon Ind. among other domestic and global players.

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Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Image recognition market Share by Product & Procedure type


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