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Insights the Growth on Global Visual Search Technology Market to 2025 | Profiling Key Players: Clarifai, Veritone, Slyce, ViSenze Ever, AI, Microsoft, Google

04-01-2019 07:01 AM CET | IT, New Media & Software

Press release from: Report Consultant

Visual Search Technology Market

Visual Search Technology Market

Visual search technology is a sort of perceptual undertaking requiring consideration that regularly includes a functioning sweep of the visual condition for a specific item or highlight among different articles. Visual pursuit can occur with or without eye developments. It is mostly used for various applications such as security screening, baggage scanning, navigation systems, electronic component manufacturing and in retail for clothing and jewelry.

The Global Visual Search Technology Market is estimated to surpass $14,727m by 2023 growing at CAGR +9% during the forecast period 2018-2023.

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Top Key Players of Visual Search Technology Market:
Google (U.S.)
Clarifai (U.S.)
Veritone (U.S.)
Slyce (Canada)
ViSenze (Singapore)
Ever AI (U.S.)

Technological advancements and recent trends have been elaborated to get a clear knowledge about various application platforms in the businesses. Furthermore, it includes facts and figures about some significant financial terms such as Visual search technology. The major key points such as, Visual search technology are listed in this analytical report which is responsible for driving the market. Apart from this, it gives focus on restraining factors which helps to understand the risks and threat in front of the businesses. It studies various existing market approach and the prediction of future growth has been mentioned clearly.

Some retailers are exploiting the integration of chatbots and visual search into the shopping experiences. Retailer Target corp. has been using Pinterest Lens for the past year. WSJ Pinterest is combining visual search with text search, which should increase its reach in the future. Visual platforms like Instagram and Snapchat have a natural tie-in with visual search, if they can make the shopping experience as frictionless as possible. Brands (notably, Mastercard) are dropping text from their images altogether in favor of a design-driven expression of their identity.

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Visual Search Technology includes baggage scanning, security screening, electronic component manufacturing, navigation systems and in retail for jewelry and clothing. Since past few years, the market had witnessed a huge growth in varied end-users mainly aviation, automotive OEMs, e-commerce, electronics, forestry and many more. Currently, e-commerce dominates other all end-users segment and is anticipated to remain the same in the forthcoming years. Growing rate of investments in visual search technology coupled with higher adoption of visual search engines is projected to propel the visual search market.

Researchers shed light on the latest advancements in technologies and some standard operating procedures which helps to enhance the performance of the market.

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The result of porter’s five and SWOT analysis had been discussed through this extensive Wearable Technology in Visual Search Technology Market. Overall, this studies witness offers leading-edge as well as the futuristic commercial enterprise outlook. Then again, it also discusses the worldwide buying and selling concept with admire to the leading-edge market.

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Our research reports will give you the most realistic and incomparable experience of revolutionary market solutions. We have effectively steered businesses all over the world through our market research reports with our predictive nature and are exceptionally positioned to lead digital transformations. Thus, we craft greater value for clients by presenting progressive opportunities in the global futuristic market.

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