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Global Image Recognition Market Analysis to 2027 Leading Players Google, NEC, LTU Technologies, Hitachi, Honeywell, Qualcomm Incorporated, Catchoom Technologies S.L.,Wikitude, Slyce and Attrasoft
Global Image Recognition Market
Some of the key players influencing the Image Recognition market are Google Inc., NEC Corporation, LTU Technologies, Hitachi, Ltd., Honeywell International Inc., Qualcomm Incorporated., Catchoom Technologies S.L.,Wikitude GmbH, Slyce Inc., and Attrasoft, Inc. among others.
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The image recognition market is experiencing high growth owing to increasing demand for security as well as the availability of image recognition technology powered products. Further, rising internet penetration coupled with high acceptance of social media is propelling the image recognition market growth. Moreover, the rising inclination of diverse industry verticals towards high bandwidth data services as well as machine learning has resulted in the bolstering the demand for image recognition market. However, high installation cost may hamper the image recognition market growth to a certain extent.
The report aims to provide an overview of the global Image Recognition market with detailed market segmentation by component, technology, application, industry and geography. The global image recognition market is expected to witness high growth during the forecast period. The report includes key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
Besides this, the report analyzes factors affecting Image Recognition market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions considered in the Global Image Recognition Market report.
Also, key image recognition market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, key developments in the past five years.
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