Image recognition Market Growth, Forecast, Overview and Key Companies Analysis by 2028

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The global image recognition market size is expected to reach USD 80.29 Billion at a steady CAGR of 15.3% in 2028, according to latest analysis by Emergen Research. The latest report provides detailed insights into Image recognition market trends, industry trends, consumer trends, market size, market share, market growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Image recognition market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global Image recognition market growth is driven by a variety of factors and trends, primary of which include rising focus by major companies on product / service expansion into new and untapped domestic Image recognition markets, rising investments in strategic agreements, and rising competition in the market ... Development of more advanced offerings is driving rising demand and deployment in respective sectors / industries, and this is a major trend in an increasing number of developing economies. In addition, availability of favorable government policies and steady economic growth across various regions and countries is resulting in an increasing number of players focusing on leveraging opportunities to drive visibility and increase revenue and profits. Image recognition applications include targeted advertising, smart photo libraries, accessibility for the visually impaired, media interactivity, and enhanced research capabilities. Google, Microsoft, Facebook, Pinterest, and Apple are investing in resources and research into image recognition and related applications.



Emergen Research has segmented the global image recognition market on the basis of component, application, deployment mode, technique, industry vertical, and region:

  • Component Outlook (Revenue, USD Billion; 2018–2028)
    • Hardware
    • Software
    • Services
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Security and Surveillance
    • Scanning and Imaging
    • Augmented reality
  • Deployment Mode Outlook (Revenue, USD Billion; 2018–2028)
    • On-premises
    • Cloud
  • Technique Outlook (Revenue, USD Billion; 2018–2028)
    • Object Recognition
    • QR / Barcode Recognition
    • Pattern Recognition
  • Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
    • Media & Entertainment
    • Healthcare
    • Retail & E-commerce
    • BFSI
    • IT & Telecom
  • Regional Outlook (Revenue, USD Billion; 2018–2028)
    • North america
      1. US
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. UK
      3. France
      4. Spain
      5. Benelux
      6. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi arabia
      2. UAE
      3. Rest Of MEA
Access the Entire Report packed with TOC, Tables and Figures and Outline of Prominent Companies @ https://www.emergenresearch.com/industry-report/image-recognition-market

Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Image recognition Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Top key vendors in Image recognition Market include are:

IBM Corporation, Qualcomm, Honeywell, Toshiba, Microsoft, Huawei, Oracle, NEC Corporation, Catchoom, and Slyce.

Region wise performance of the Image recognition industry

Asia Pacific Image recognition market growth is expected to register a rapid rate in terms of revenue as compared to other regional markets over the forecast period. China, India, and South Korea accounted for significantly robust Image recognition market growth in 2020, and the trend is expected to continue over the forecast period. Factors such as increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries is driving Image recognition market growth in Asia Pacific.

Europe Image recognition market growth and revenue expansion is expected to remain steady over the forecast period. This can be attributed to robust focus on research and development initiatives by major firms and changing Image recognition market trends in countries in other major regions.

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us @ https://www.emergenresearch.com/request-for-customization/549

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:


  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India
The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Image recognition industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the Image recognition market across different regions?
  • Who are the major driving forces expected to decide the fate of the Image recognition industry worldwide?
  • Who are the prominent market players making a mark in the Image recognition market with their winning strategies?
  • Which Image recognition industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the Image recognition market?
Table of Content

Chapter 1. Methodology & Sources


1.1. Image recognition Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. Image recognition Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. Image recognition Market Segmentation & Impact Analysis


4.1. Image recognition Market Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. Image recognition Market indicators analysis

4.2.2. Image recognition Market drivers analysis

4.2.2.1. Rapid urbanization and industrialization

4.2.2.2. Stringent government regulations regarding carbon emissions



4.2.3. Image recognition Market restraints analysis

4.2.3.1. High cost associated with the maintenance of Image recognition products

4.2.3.2. Availability of renewable sources of energy

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter's Five Forces Analysis

4.6. Competitive Metric Space Analysis



Chapter 10. Competitive Landscape

10.1. Image recognition Market Revenue Share By Manufacturers

10.2. Mergers & Acquisitions

10.3. Competitor's Positioning

10.4. Strategy Benchmarking

10.5. Vendor Landscape

10.5.1. Raw Material Suppliers

10.5.1.1. North america

10.5.1.2. Europe

10.5.1.3. Asia Pacific



10.5.2. Distributors

10.5.2.1. North america

10.5.2.2. Europe

10.5.2.3. Asia Pacific



10.5.3. Others

Continued….

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  7. Value Chain Analysis
  8. Potential Market Opportunities
  9. Growth Dynamics
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