openPR Logo
Press release

AI Image Recognition Market Size, Status and Industry Outlook During 2021 to 2026

10-20-2021 12:14 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Insights Reports

Oct 20, 2021 (Market Insight Reports) --Global AI Image Recognition Market Size, Status, and Forecast 2021-2026. In-depth research accumulated to offer Latest insights about acute features of the global AI Image Recognition market. This report provides a detailed overview of key factors in the AI Image Recognition Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. The impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for AI Image Recognition in a special period. This report also compares the markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.

The AI Image Recognition Market estimated value was USD 1695.93 million in 2020 and is expected to reach a value of USD 5161.04 million by 2026, registering a CAGR of 24.82% during the forecast period (2021 - 2026).

Get a Free Sample PDF Copy of Latest Research on AI Image Recognition Market 2021 before purchase:
https://www.marketinsightsreports.com/reports/05202905908/ai-image-recognition-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/inquiry?Mode=A19_op

Market Overview:
Image recognition can be applied across various fields, such as vehicular safety, advertising, security and surveillance, biometric scanning machines, pedestrian recognition, and E-commerce, with various applications in multiple domains, the market is expected to witness strong growth during the forecast period.
- The adoption of artificial intelligence (AI) technology is rising, owing to its ability to enhance and automate operations and enrich the user experience. Governments are also focusing on increasing their AI capabilities to revolutionize various sectors, from healthcare to transport. EU has committed to invest EUR 1.5 billion in AI to catch up with the United States and Asia.
- With AI becoming the core of many technology-based applications, the investments in the sector are growing. Image recognition stands as one of the standard features for many AI-related applications. Thus, the market is expected to leverage the fast-growing technology and expand in the coming years.
- According to Eirik Thorsnes at UNI Research in Bergen, Norway, There has been a tremendous development in recent years, and we are now surpassing the human level in terms of image recognition and analysis. Computers never get tired of looking at near-identical images and may be capable of noticing even the tiniest nuances that we humans cannot see. In addition, as it gets easier to analyze large volumes of images and video, many processes in society can be improved and optimized.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

Avail FLAT 25% Discount on various license types on immediate purchase @
https://www.marketinsightsreports.com/reports/05202905908/ai-image-recognition-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/discount?Mode=A19_op

Asia-Pacific Expected to Witness Rapid Growth
- Image recognition solutions have been gaining prominence incessantly in Asia-Pacific, particularly to cater to the growing need for security solutions due to the advent of the smart homes and smart city initiatives in the developing economies in the region.
- With the growing e-commerce segment in the retail industry in the recent past in the region, vendors in the market are investing majorly in the image recognition technologies to offer an enhanced digital experience to consumers.
- Company preferences for different platforms vary greatly in this region, with AI vendors in China preferring Tensor Flow or Caffe, whereas companies in Singapore prefer Microsoft CNTK, and companies in Japan prefer Chainer Software, to support AI technologies. The ease of availability of such platforms has created huge potential opportunities for vendors to leverage these advanced technologies to develop tools for critical business needs.
- Artificial intelligence offers the region massive opportunities for growth, innovation, and productivity, with the potential to address key issues in the social environment within the fast-developing economies.

Influence of the AI Image Recognition Market report:
–Comprehensive assessment of all opportunities and risk in the AI Image Recognition Market.
–AI Image Recognition Market recent innovations and major events.
–Detailed study of business strategies for growth of the AI Image Recognition Market market-leading players.
–Conclusive study about the growth plot of AI Image Recognition Market for forthcoming years.
–In-depth understanding of AI Image Recognition Market market-particular drivers, constraints and major micro markets.
–Favorable impression inside vital technological and market latest trends striking the AI Image Recognition Market.

Read Detailed Index of full Research Study at@
https://www.marketinsightsreports.com/reports/05202905908/ai-image-recognition-market-growth-trends-covid-19-impact-and-forecasts-2021-2026?Mode=A19_op

Irfan Tamboli (Head of Sales) | Market Insights Reports
Phone: + 1704 266 3234 | Mob: +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com

ABOUT US:
Market Insights Reports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc., Market Insights Reports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release AI Image Recognition Market Size, Status and Industry Outlook During 2021 to 2026 here

News-ID: 2434666 • Views:

More Releases from Market Insights Reports

Cold Chain Monitoring Market May See a Big Move | BlueAir, Denso, Eureka Forbes, Honeywell
Cold Chain Monitoring Market May See a Big Move | BlueAir, Denso, Eureka Forbes, …
Market Insights Reports published a new research publication on "Cold Chain Monitoring Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Cold Chain Monitoring market was mainly driven by the increasing R&D spending across the world. Some of the key players
Outbound Logistics Market Next Big Thing | Major Giants- Draexlmaier, Faurecia, Grupo Antolin
Outbound Logistics Market Next Big Thing | Major Giants- Draexlmaier, Faurecia, …
Market Insights Reports published a new research publication on "Outbound Logistics Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Outbound Logistics market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in
Veterinary Telemedicine Market May See a Big Move | Nestle, Deuerer, The J.M. Smucker
Veterinary Telemedicine Market May See a Big Move | Nestle, Deuerer, The J.M. Sm …
Market Insights Reports published a new research publication on "Veterinary Telemedicine Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Veterinary Telemedicine market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in
Precision Planting Market is Set to Fly High in Years to Come
Precision Planting Market is Set to Fly High in Years to Come
Market Insights Reports published a new research publication on "Precision Planting Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Precision Planting market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in

All 5 Releases


More Releases for Image

Image Consulting Market Outlook, Trend Analysis, Current Growth, Future Scope An …
The latest report published by Coherent Market Insights highlights the growth prospects of the Image Consulting Market from 2025 to 2032. In-depth research on Industry Size, Share, Business Analysis, Growth Factors, and Regional Forecast. The market report gives a purposeful depiction of the area by the practice for research, amalgamation, market size, overview, and review of data taken from various sources. The market study includes information on market factors such
Image Sensor Market: Image Sensor Growth to USD 39B by 2031
Image Sensor Market Scope: Key Insights : Image Sensor Market size was valued at USD 16.01 billion in 2022 and is poised to grow from USD 16.36 billion in 2023 to USD 39 billion by 2031, growing at a CAGR of 9.6% in the forecast period (2024-2031). Discover Your Competitive Edge with a Free Sample Report :https://www.skyquestt.com/sample-request/image-sensor-market Access the full 2024 Market report for a comprehensive understanding @https://www.skyquestt.com/report/image-sensor-market In-Depth Exploration of the
Image Consulting Market: Opportunities in Executive Coaching, Wardrobe and Style …
Description Coherent Market insights announces the release of the report "Image Consulting Market - Demand, Growth, Opportunities and Analysis of Top Key Player Forecast to 2030", The Image Consulting market research report provides a comprehensive analysis of the current state and future potential of the Image Consulting market. The report covers various aspects, including market size, growth trends, key players, market segmentation, competitive landscape, industry drivers, and challenges. The objective of
CMOS and sCMOS Image Sensors CMOS and sCMOS Image Sensors
The latest CMOS and sCMOS Image Sensors market study offers an all-inclusive analysis of the major strategies, corporate models, and market shares of the most noticeable players in this market. The study offers a thorough analysis of the key persuading factors, market figures in terms of revenues, segmental data, regional data, and country-wise data. Request a sample on this latest research report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=5096977 Top Key Players are covered in this report:
Interventional Image-Guided Systems Market Report 2018: Segmentation by Product …
Global Interventional Image-Guided Systems market research report provides company profile for St. Jude Medical, Neusoft, Konica Minolta, Samsung Medison, Shimadzu, BenQ Medical Technology, Asahi Roentgen, GE Healthcare, Olympus, Philips Healthcare, Siemens Healthineers, Toshiba Medical Systems and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth
Image Sensors Market By Types - CCD Image Sensors, Linear Image Sensors, CMOS Im …
The vendor landscape of the U.S. image sensors market includes companies such as Dalsa Corporation, Omnivision Technologies Inc., Micron Technology Inc., and Sharp Microelectronics of the Americas. The market players are witnessing an increased demand for linear image sensors owing to the extensive applications of CMOS (complementary metal-oxide semiconductor) image sensors across a wide range of applications. In fact, the majority of the revenue of these market players comes from