AI Image, Facial, Emotion Recognition Market Worth Size Value Growth Trends Share Forecast Outlook Industry Statistics | Valuates Reports

In 2019, the global AI Image Recognition market size was USD 1.1844 Billion and it is expected to reach USD 2.9828 million by the end of 2026, with a CAGR of 14.0% during 2021-2026.

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Image recognition technologies comprise voice, iris, palm, hand vein pattern, fingerprints, retina, hand geometry, facial pattern recognition, object identification, etc. Image recognition based on these indications can be applied across various fields such as vehicular safety, advertising, security and surveillance, biometric scanning machines, pedestrian recognition, and e-commerce.

Healthcare End User Vertical Segment is expected to Achieve Fastest Growth in the Forecast Period.

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Market Analysis and Insights: Global AI Image Recognition Market

AI Image Recognition Scope and Market Size

AI Image Recognition market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global AI Image Recognition market will be able to gain the upper hand as they use the report as a powerful resource.

The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the AI Image Recognition market is segmented into Hardware, Software, Services, etc.

Segment by Application, the AI Image Recognition market is segmented into BFSI, Retail, Security, Healthcare, Automotive, Others, etc.

AI Image Recognition Market Regional and Country-level Analysis

The AI Image Recognition market is analysed and market size information is provided by regions (countries).

The key regions covered in the AI Image Recognition market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape and AI Image Recognition Market Share Analysis

AI Image Recognition market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in AI Image Recognition business, the date to enter into the AI Image Recognition market, AI Image Recognition product introduction, recent developments, etc.

The major vendors include Google, IBM, Intel, Samsung, Microsoft, Amazon Web Services, Qualcomm, Micron, etc.

This report focuses on the global AI Image Recognition status, future forecast, growth opportunity, key market and key players. The study objectives are to present the AI Image Recognition development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

AI Image Recognition Market segment by Regions/Countries, this report covers
o North America
o Europe
o China
o Japan
o Southeast Asia
o India
o Central & South America

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The key players covered in this study
o Google
o IBM
o Intel
o Samsung
o Microsoft
o Amazon Web Services
o Qualcomm
o Micron

AI Image Recognition Market segment by Type, the product can be split into
o Hardware
o Software
o Services

AI Image Recognition Market segment by Application, split into
o BFSI
o Retail
o Security
o Healthcare
o Automotive
o Others

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1. Image Recognition Market Report:

The global image recognition market size was valued at USD 17.911 Billion in 2017, and is projected to reach USD 86.001 Billion by 2025, growing at a CAGR of 21.8% from 2018 to 2025.

View Full Report: https://reports.valuates.com/market-reports/ALLI-Auto-0O293/image-recognition

2. Facial Recognition Market Report:

Increasing crime rate across the world has persuaded government agencies to look for cutting edge surveillance technology that can effectively address the growing concerns over security. Facial recognition has emerged as one such identification technologies, which addresses most of the security concerns in the most effective and fool proof manner. However, increasing sensitivity towards personal data privacy has hindered the expansion of market in certain regions. On the other hand, technically advanced facial recognition systems with application in mobile security, drones, and retail is likely to create greater opportunities in the years to come.

The market is segmented on the basis of technology, component, application, and geography. The technology segment is categorized into 2D facial recognition, 3D facial recognition and facial analytics. Among the mentioned technologies, 3D facial recognition technology segment holds significant share in the world facial recognition market owing to its high accuracy in terms of recognizing facial features as compared to the 2D facial recognition technology. The component segment is bifurcated into hardware (scanners, cameras, handheld devices, integrated devices) and software. The application segment includes homeland security, criminal investigation, ID management, physical security, intelligent signage, web application, business intelligence, photo indexing & sorting, and others (VIP recognition, automotive and phone, PC & banking login). In 2015, homeland security contributed the highest revenue share.

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3. Emotion Recognition Market Report:

Emotion Recognition market: Drivers and Restraints

This section covers the various factors driving the global Emotion Recognition market. To understand the growth of the market it is important to analyze the various drivers present the market. It provides data by value and volume of different regions and their respective manufacturers. This data will elaborate on the market share occupied by them, predict their revenue concerning strategies, and how they will grow in the future. After explaining the drivers, the report further evaluates the new opportunities and current trends in the market.

Market restraints are factors hampering market growth. Studying these factors is equally pivotal as they help a reader need understand the weaknesses of the market.

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