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Image Recognition Market Key Insights
Image Recognition Market Analysis by Regions
Image Recognition Market Analysis by Segments
Image Recognition Market Size (current and future)
Image Recognition Market Competitive Benchmarking
2 years ago
Global Image Recognition Industry Research Report, Growth Trends and Competitive Analysis 2022-2028
Report Scope
This latest report researches the industry structure, revenue and gross margin. Major players’ headquarters, market shares, industry ranking and profiles are presented. The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Image Recognition companies, distributors, en...
3 years ago
Global Image Recognition Market Size study, by Technology (Code Recognition , Digital Image Processing, Facial Recognition, Object Recognition, Pattern Recognition and Optical Character Recognition), By Component (Hardware, Software and Services), By Application (Scanning & Imaging, Security & Surveillance, Image Search, Augmented Reality and Marketing & Advertising), By Deployment Type (On-Premises and Cloud), By Industry (Telecom & Data Communication, Uninterruptible Power Supply (UPS)/Backup, Grid-Level Energy Storage, Industrial Equipment, Others) and Regional Forecasts 2019-2026
Global Image Recognition Market is valued approximately at USD 22.9 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 20% over the forecast period 2019-2026. The image recognition refers to technologies that identify logos, places, people, building, objects, and several other variables in images. Mobile phones equipped with cameras are increasing creation of dig...
3 years ago
Global AI in Image Recognition Market Trends, Analysis & Forecast 2019-2028
The global AI in image recognition market is estimated to witness a growth rate of more than 22.3% during forecast the period of 2022–2028. The market growth is attributed to its potential application in a range of industries including automotive, banking, financial services and insurance (BFSI), healthcare, security, and retail. AI-based image recognition software has been used in the BFSI ind...
Image Recognition Market
Image recognition is the process of automatically recognizing objects or patterns in digital images, using artificial intelligence (AI) technology on occasion. It is applicable to applications such as image search, content recognition, and machine learning.
Some of the most important places where image recognition technologies are used are security and surveillance, digital marketing and advertising, health care, manufacturing, transportation, and consumer electronics.
The lack of accurate and dependable imagery is one of the market's major restraints. This has prompted businesses to focus more on developing robust machine-learning platforms rather than relying solely on high-quality images. In the near future, however, advances in natural language processing (NLP) and deep learning are anticipated to eliminate this limitation. The image recognition market was valued at $** billion in 2018 and is anticipated to expand at a CAGR of over **% from 2018 to 2031. During the forecast period, the Asia-Pacific region is anticipated to have the highest growth rate in the image recognition market.
Other prominent market participants are Semantic Machines LLC, IHS Markit Ltd., Face++ AB, Megvii Technology Co. Ltd., Clarifai LTD., and 123RF Ltd.
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