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What's driving the Smart Home Market Growth? Top Players: Assa Abloy, Centrica Connected Home Limited, Control4 Corporation, Crestron Electronics, Emerson Electric Co., General Electric Company, Honeywell International, Johnson Controls, Inc.

04-01-2020 11:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fortune Business Insights

"

The global image recognition market size is projected to reach USD 81.88 billion by 2026. The increasing incorporation of artificial intelligence in image recognition will fuel the demand for the product across the world. According to a report published by Fortune Business Insights(TM), titled, "Image Recognition Market Size, Share & Industry Analysis, By Component (Hardware, Software, Services), By Services (Implementation, Consulting and Training, and Support and Maintenance), By Technology (Barcode Recognition, Facial Recognition, Object Recognition, Pattern Recognition, and Optical Character Recognition), By Applications (Scanning and Imaging, Security and Surveillance, Image Search, Augmented Reality, and Marketing and Advertising), By Deployment (On-Premises, Cloud), By End-User (BFSI, Media and Entertainment, Retail and Consumer Goods, IT and Telecommunications, Government, Healthcare, Transportation and Logistics, and Others) and Regional Forecast, 2019-2026,"

The global image recognition market was worth USD 20.19 billion in 2018 and will exhibit a CAGR of 19.6% during the forecast period, 2019-2026

To gain more insights into the market with detailed table of content and figures, click here -

https://www.fortunebusinessinsights.com/industry-reports/image-recognition-market-101855

The image recognition technology finds applications in widespread domains. The use of image recognition technology in surveillance and security systems, data validation, tracking, and data analysis will fuel the demand for the product across the world. The increasing investment in the research and development of newer image recognition methods and software will aid the growth of the market in the forthcoming years.

The competitive landscape of the IoT in manufacturing market has been discussed in detail. In addition to growth stimulators, the report discusses a few of the factors that have restrained market growth. Forecast values for the market have been provided in the report for the period of 2019-2026. Additionally, the report identifies areas that have witnessed the highest demand and applications for the product in recent years. Besides this, a few of the leading products, major companies, and major industry developments of recent times have been highlighted in this report.

Key Industry Developments:

April 2018: Qualcomm Technologies, Inc. announced a collaboration with NetEase Youdao for the implementation of Youdao's real-scene augmented reality (AR) translation-based platforms.

Some of the leading companies that are operating in the global image recognition market are:

Amazon Web Services (AWS) Inc.
Google LLC
IBM Corporation
Microsoft Corporation
NVidia Corporation
Honeywell International Inc.
Qualcomm Technologies, Inc.
Honeywell International, Inc.
Hitachi, Ltd.
LTU technologies
NEC Corporation
Have Any Query?Ask Our Experts -

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/image-recognition-market-101855

1. By Component
Hardware
Software
Services
Implementation
Consulting and Training
Support and Maintenance

2. By Technology
Barcode Recognition
Facial Recognition
Object Recognition
Pattern Recognition
Optical Character Recognition

3. By Application
Scanning and Imaging
Security and Surveillance
Image Search
Augmented Reality
Marketing and Advertising

4. By Deployment
On-Premises
Cloud

5. By End-User
BFSI
Media and Entertainment
Retail and Consumer Goods
IT and Telecom
Government
Healthcare
Transportation and Logistics
Others

6. ByRegion
North America (U.S. and Canada)
Europe (U.K., Germany, France, Italy, Spain, and Rest of Europe)
Asia Pacific (China, Japan, India, Southeast Asia, and Rest of Asia Pacific)

Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
Latin America (Brazil, Mexico, and Rest of Latin America)

Request a Sample Copy of the Global Market Research Report -

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/image-recognition-market-101855

Detailed Table of Content -

1.Introduction
1.1.Definition, By Segment
1.2.Research Approach
1.3.Sources
2.Executive Summary
3.Market Dynamics
3.1.Drivers, Restraints and Opportunities
3.2.Emerging Trends
4.Key Insights
4.1.Macro and Micro Economic Indicators
4.2.Consolidated SWOT Analysis of Key Players
5.Global Image Recognition Market Analysis, Insights and Forecast, 2015-2026
5.1.Key Findings / Summary
5.2.Market Size Estimates and Forecasts
5.2.1.By Component (Value)
5.2.1.1.Hardware
5.2.1.2.Software
5.2.1.3.Services
5.2.1.3.1.Implementation
5.2.1.3.2.Consulting and Training
5.2.1.3.3.Support and Maintenance
5.2.2.By Technology (Value)
5.2.2.1.Barcode Recognition
5.2.2.2.Facial Recognition
5.2.2.3.Object Recognition
5.2.2.4.Pattern Recognition
5.2.2.5.Optical Character Recognition
5.2.3.By Application (Value)
5.2.3.1.Scanning and Imaging
5.2.3.2.Security and Surveillance
5.2.3.3.Image Search
5.2.3.4.Augmented Reality
5.2.3.5.Marketing and Advertising
5.2.4.By Deployment (Value)
5.2.4.1.On-Premises
5.2.4.2.Cloud
5.2.5.By End-User (Value)
5.2.5.1.BFSI
5.2.5.2.Media and Entertainment
5.2.5.3.Retail and Consumer Goods
5.2.5.4.IT and Telecom
5.2.5.5.Government
5.2.5.6.Healthcare
5.2.5.7.Transportation and Logistics
5.2.5.8.Others
5.2.6.By Region (Value)
5.2.6.1.North America
5.2.6.2.Europe
5.2.6.3.Asia Pacific
5.2.6.4.Middle East and Africa
5.2.6.5.Latin America
6.North America Image Recognition Market Analysis, Insights and Forecast, 2015-2026
6.1.Key Findings / Summary
6.2.Market Size Estimates and Forecasts
6.2.1.By Component (Value)
6.2.1.1.Hardware
6.2.1.2.Software
6.2.1.3.Services
6.2.1.3.1.Implementation
6.2.1.3.2.Consulting and Training
6.2.1.3.3.Support and Maintenance
6.2.2.By Technology (Value)
6.2.2.1.Barcode Recognition
6.2.2.2.Facial Recognition
6.2.2.3.Object Recognition
6.2.2.4.Pattern Recognition
6.2.2.5.Optical Character Recognition
6.2.3.By Application (Value)
6.2.3.1.Scanning and Imaging
6.2.3.2.Security and Surveillance
6.2.3.3.Image Search
6.2.3.4.Augmented Reality
6.2.3.5.Marketing and Advertising
6.2.4.By Deployment (Value)
6.2.4.1.On-Premises
6.2.4.2.Cloud
6.2.5.By End-User (Value)
6.2.5.1.BFSI
6.2.5.2.Media and Entertainment
6.2.5.3.Retail and Consumer Goods
6.2.5.4.IT and Telecom
6.2.5.5.Government
6.2.5.6.Healthcare
6.2.5.7.Transportation and Logistics
6.2.5.8.Others
6.2.6.By Country (Value)
6.2.6.1.United States
6.2.6.2.Canada

TOC Continued...!!

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Fortune Business Insights Pvt. Ltd.
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Survey No. 36, Baner,
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Phone:
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Email: sales@fortunebusinessinsights.com

About us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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