Image Recognition Market 2022-27: Growth, Share, Size, Demand and Analysis

According to the latest report by IMARC Group “Image Recognition Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, offers a comprehensive analysis of the industry, which comprises insights on the global image recognition market size. The global image recognition market is expected to exhibit a CAGR of XX% during 2022-2027.

Image recognition is a set of technologies that help to identify various digital images, including logos, objects, places, people, and buildings. It is a subset of artificial intelligence (AI) and computer vision and involves various steps, namely, classification, tagging, detection and segmentation. Image recognition is extensively utilized for performing a wide range of machine-based visual tasks, such as performing image content search, guiding autonomous robots and self-driving vehicles, and labeling the content of meta-tagged images.

Market Trends:

The global image recognition market is majorly being fueled by the increasing application in the workplace environment of various end-use industries, such as healthcare, retail and automotive. The escalating demand for security products and applications embedded with advanced image recognition technologies is further contributing to the market growth. Moreover, the retail sector is increasingly utilizing image recognition for product placement, shelf identification and satisfying merchandising standards, which is creating a positive outlook for the market.

Request for a free sample copy of this report: https://www.imarcgroup.com/image-recognition-market/requestsample

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • Amazon Web Services Inc. (Amazon.com Inc.)
  • Attrasoft Inc.
  • Google LLC (Alphabet Inc.)
  • Hitachi Ltd.
  • Honeywell International Inc.
  • International Business Machines Corporation
  • Microsoft Corporation
  • NEC Corporation
  • Qualcomm Technologies Inc. (Qualcomm Incorporated)
  • Slyce Inc.
  • Wikitude GmbH.

Explore full report with table of contents: https://www.imarcgroup.com/image-recognition-market

The report has segmented the market on the basis of Product Type, End-User and Region.

Breakup by Component:

  • Hardware
  • Software
  • Services

Breakup by Technology:

  • Object Detection
  • QR/Barcode Recognition
  • Facial Recognition
  • Pattern Recognition
  • Optical Character Recognition
  • Others

Breakup by Application:

  • Scanning and Imaging
  • Security and Surveillance
  • Image Searching
  • Augmented Reality
  • Marketing and Advertising
  • Others

Breakup by Deployment Type:

  • On-premises
  • Cloud-based

Breakup by End Use Industry:

  • BFSI
  • Media and Entertainment
  • IT and Telecom
  • Government
  • Healthcare
  • Transportation and Logistics
  • Others

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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