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Increasing Opportunities In Visual Search Market: Find Out Essential Strategies To Increase The Business And Also Check Out Working Of Key Players: Clarifai (U.S.), Veritone (U.S.), Slyce (Canada), ViSenze (Singapore), Ever AI (U.S.)

02-09-2019 07:08 PM CET | IT, New Media & Software

Press release from: Research N Reports

Increasing Opportunities In Visual Search Market: Find Out

The global Visual Search market surpassed $ 14,727 million in 2026, where CAGR grew 9% over the forecast period of 2019-2026 Technological advances and rapid adoption of the visual search engine (ViSE) in the e-commerce industry are the main reasons. The major investment in this technology along with the increased efficiency of these visual search engines will accelerate the growth of the visual search market in the near future.

Visual search is the act of identifying a specific pre-specified distinction among other distractions. The visual search engine automatically collects visual information from the web and categorizes image and video data accordingly. They are also used in surveillance systems by monitoring vast amounts of video streams. Demand for visual search is growing, especially in the e-commerce sector, because it can return specific search results and convenient customer engagement. Due to advances in technology, the accuracy of these visual search engine (ViSE) has steadily increased over the last few years, increasing the adoption of these products across various end-user industries.

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Top Key Players Are Including in This Report: Clarifai (U.S.), Veritone (U.S.), Slyce (Canada), ViSenze (Singapore), Ever AI (U.S.) etc.

APAC is gaining popularity with mobile visual search in online fashion stores, especially in Japan, Korea and China. The visual search engine can be used as a tool for concept generation, mapping, and outline. This report incorporates an in-depth assessment of the visual search market by end user and geographic type. Visual searches for key types included in the scope include image search, mobile visual search, and video search.

Visual search is primarily used for a variety of applications such as security checks, baggage scanning, navigation systems, electronic component manufacturing and clothing and jewelry retailing. Since the last few years, the market for a variety of end users such as e-commerce, aviation, forestry, automotive OEM, and electronics has grown significantly. Today, e-commerce is overwhelming every end user and is expected to remain the same over the next few years. As the investment in visual search technology increases, the adoption of visual search engines will increase and the visual search market will be activated.

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Visual search engines are now experiencing significant demand as applications in the retail and e-commerce are increasing. This is largely due to visual search capabilities that accurately identify images using advanced machine learning and AI technologies.

With the partnership, enormous investment and joint venture activity in this market, technology and methodology exchange for new development of this visual search engine will be made, and the global visual search market is surely improved.

APAC is a new market for visual search due to the growing demand for online fashion stores. World-leading visual search providers are slowly introducing products to emerging economies in Asia, such as India and Indonesia, due to their huge market potential.

Many research and development activities are being conducted to increase the efficiency of visual search systems that promote market growth. The integration of visual search engine and machine learning has greatly improved image processing.

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Major Factors:

• Global Visual Search Market Overview
• Economic Impact on Market
• Market Competition
• Global Visual Search Market Analysis by Application
• Industrial Chain, Sourcing Strategy and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders
• Global Visual Search Market Effect, Factors, Analysis
• Global Visual Search Market Forecast

About Research N Reports:

Research N Reports is a new age market research firm where we focus on providing information that can be effectively applied. Today being a consumer driven market, companies require information to deal with the complex and dynamic world of choices. Where relying on a sound board firm for your decisions becomes crucial. Research N Reports specializes in industry analysis, market forecasts and as a result getting quality reports covering all verticals, whether be it gaining perspective on current market conditions or being ahead in the cut throat Global competition. Since we excel at business research to help businesses grow, we also offer consulting as an extended arm to our services which only helps us gain more insight into current trends and problems. Consequently we keep evolving as an all-rounder provider of viable information under one roof.

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(Research N Reports)
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sales@researchnreports.com
www.researchnreports.com

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