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Image Recognition Technology Market to Witness Huge Growth by 2027 | IBM Corporation, Amazon Web Services

10-19-2021 03:10 PM CET | IT, New Media & Software

Press release from: Global Market Monitor

Image Recognition Technology Market to Witness Huge Growth

To provide a precise market overview, this Image Recognition Technology market report is divided into several distinct and important market segments and applications. Through this comprehensive Market research study in this Image Recognition Technology market report, industries will learn about the vast opportunities available in the market. Furthermore, reliable sources are used in this Image Recognition Technology market report to verify and revalidate the knowledge presented in the study. Analysts conduct industry-specific calls, interviews with the key industry experts and unique analysis to provide detailed information on business growth. Every section depicts details about various facets of the industry. Players and vendors can use this study as a valuable tool to gain a competitive advantage. It also ensures industries' long-term success.

Image recognition technology is the process of identifying and detecting an object or a feature in a digital image or video. The field of image recognition has gained widespread acclaims in the past few years. Image recognition system uses the data shared by users through various platforms such as social networks, apps, and websites. It uses a technology that detects places, people, items, buildings, logos, and different variables in pictures with the help of artificial intelligence. This concept is used in many applications such as smart photo libraries, targeted advertising, security surveillance, toll booth monitoring, and systems for factory automation

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This Image Recognition Technology market report discusses the dangers that the company faces and how to mitigate them. It substantially aids industry participants in introducing new goods to the market by providing forecasts for the years 2021-2027. It keeps industries up to date by giving them with all of the necessary information on critical value propositions, competitive position, and efficient manufacturing. The report's makes a positive contribution aids essential stakeholder in making well-informed decisions in the firm. Several sectors avoid making the same error in the business by referring to such a thorough market research, resulting in enormous earnings.

Major enterprises in the global market of Image Recognition Technology include:
Qualcomm Incorporated
IBM Corporation
Amazon Web Services
Google
Imagga Technologies

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Image Recognition Technology Market: Application Outlook
IT & Telecom
BFSI
Healthcare
Retail
Government
Media & Entertainment
Transportation & Logistics
Manufacturing
Others

Type Synopsis:
Object Detection
QR/Barcode Recognition
Facial Recognition
Pattern Recognition
Optical Character Recognition

Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Image Recognition Technology Market
...
2 Market Trends and Competitive Landscape
3 Segmentation of Image Recognition Technology Market by Types
4 Segmentation of Image Recognition Technology Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Image Recognition Technology Market in Major Countries
7 North America Image Recognition Technology Landscape Analysis
8 Europe Image Recognition Technology Landscape Analysis
9 Asia Pacific Image Recognition Technology Landscape Analysis
10 Latin America, Middle East & Africa Image Recognition Technology Landscape Analysis
11 Major Players Profile
...

This Image Recognition Technology market analysis identifies business opportunities and helps key players in resolving business related problems. It does in-detail analysis about the market scenario and estimates about revenue growth in the business for the forecast years 2021-2027. It also talks about a critical factor including how decreased sales can arise from a substitute product, reduced brand awareness and a new competitor in the market. This Image Recognition Technology market report further proceeds with providing ways to turn decreased sales into increased sales coupled with a few efficient strategies. It not only focuses on driving factors but also restraining factors. Appropriate evaluations about growth rate and sales forecasting are covered here along with geographical analysis for the leading regions such as North America, Europe, Asia Pacific, Middle East and Africa. Key players get huge help from this market report to reinforce their place in the global market.

In-depth Image Recognition Technology Market Report: Intended Audience
Image Recognition Technology manufacturers
Downstream vendors and end-users
Traders, distributors, and resellers of Image Recognition Technology
Image Recognition Technology industry associations and research organizations
Product managers, Image Recognition Technology industry administrator, C-level executives of the industries
Market Research and consulting firms

This Image Recognition Technology market report moreover anticipates the worldwide market's scope and sales over the following five years. The study entails large numerical records on how those factors are probable to form the market's possibilities for commercial enterprise improvement. The global Image Recognition Technology market report examines enormous technical discoveries and the present-day styles used by essential organizations over time. The studies on the arena marketplace accommodate crucial estimations which can be analyzed in motion for a deeper and lots greater dependable business future.

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Global Market Monitor
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Name: Rebecca Hall
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com

About Global Market Monitor
Global Market Monitor is a professional modern consulting company, engaged in three major business categories such as market research services, business advisory, technology consulting.
We always maintain the win-win spirit, reliable quality and the vision of keeping pace with The Times, to help enterprises achieve revenue growth, cost reduction, and efficiency improvement, and significantly avoid operational risks, to achieve lean growth. Global Market Monitor has provided professional market research, investment consulting, and competitive intelligence services to thousands of organizations, including start-ups, government agencies, banks, research institutes, industry associations, consulting firms, and investment firms.

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