Image Recognition Market Size Rapidly Growing at a CAGR of 18.4% by 2026

Latest Image Recognition Market research report covers Industry opportunities, market risk and overview are enclosed along with the in-depth study of each point. Global Image Recognition is analyzed with respect to various regions, types and applications. The sales, revenue, and price analysis by types and applications of market key players is also covered.

The Image Recognition Market size was valued at US$ 22429.7 Mn in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 18.4% for the forecast period ending 2026 reaching a Market value of US$ XX Mn. The growth of the image recognition market is primarily driven by the increasing application of facial recognition in the financial industry and growing demand for security applications integrated with image recognition functions.

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Image Recognition Market Segment considering Production, Revenue (Value),
Price Trend by Product Type:
• By Recognition Technology (Digital Image Processing, Object Recognition, Facial Recognition, Optical Character Recognition (OCR), Pattern Recognition, Barcode Recognition, Others)

• By Component (Hardware, Software, Services)

• By Deployment (On-Premises, Cloud)

Market Segment by Consumption Growth Rate and Market Share by Application:
• By Application (Security & Surveillance, Scanning & Imaging, Augmented Reality, Marketing & Advertising, Others)

• By End-use Industry (Media & Entertainment, BFSI, IT & Telecom, Retail, Healthcare, Transportation & Logistics, Government, Others)

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Along with Image Recognition Market research analysis, buyer also gets valuable information about global Production and its market share, Revenue, Price and Gross Margin, Supply, Consumption, Export, Import volume and values for following Regions:
• North America (US and Canada)
• Europe (UK, Germany, France, and Rest of Europe)
• Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (GCC and Rest of Middle East & Africa)

Image Recognition Market Covers following Major Key Players:
• NEC Corporation (Japan)
• Qualcomm (US)
• Catchoom (Spain)
• Google Inc. (US)
• SAC Sirius Advanced Cybernetics GmbH (Germany)
• Hitachi Ltd. (Japan)
• LTU Tech (France)
• Ricoh Innovations Corporation (US)
• Attrasoft Inc. (US)
• Amazon Web Services Inc. (US)
• and Pattern Recognition Company GmbH (Germany)

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Questions Answered in Image Recognition Market Report:
• What will be the Image Recognition Market generate by the end of the forecast period?
• What are the major trends expected developing Image Recognition Market?
• What are the new major NPD, M&A, acquisitions in the Image Recognition Market?
• Which are the opportunities in the Image Recognition Market after the COVID-19 pandemic?
• Which segment of the Image Recognition Market is likely to have the highest market share by 2026?
• What are the important factors and their effects on the Image Recognition Market?
• Which regions currently contributing the maximum market share to overall market?
• What are the major considerations expected to drive the Image Recognition Market?
• What are the essential strategies by key stakeholders in the Image Recognition Market to expand their geographic presence?
• This report answers all questions and more about the industry, helping major stakeholders and key players in making the right business decisions and strategizing to achieve targeted goals.

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