Press release
Image recognition market Growth Rate & Industry Challenge in 2028
The image recognition market is expected to witness market growth at a rate of 16.95% in the forecast period of 2021 to 2028.IMAGE RECOGNITION MARKET research study endows with actionable market insights with which sustainable, valuable and money-spinning business strategies can be produced. In this report, market segmentation is carried out in detail based on various parameters that include applications, verticals, deployment model, end user, and geography. All the information, facts, and statistics covered in the report lead to actionable ideas, improved decision-making and better deciding business strategies. With the complete comprehension of business goals and needs to bridge the gap, this report is generated which delivers the most suitable solutions. The large-scale IMAGE RECOGNITION MARKET report assists define, describe and forecast the market by type, application and region.
Image recognition market Scope & Size:
• On the basis of technology, the image recognition market has been segmented into code recognition, digital image processing, facial recognition, object recognition, pattern recognition, optical character recognition.
• On the basis of components, the image recognition market has been segmented into hardware, software, and services.
• On the basis of application, the image recognition market has been segmented into scanning and imaging, security and surveillance, image search, augmented reality, marketing, and advertising.
• On the basis of deployment type, the image recognition market has been segmented into on-premise and cloud.
• On the basis of industry, the image recognition market has been segmented into BFSI, media, and entertainment, retail and consumer goods, IT and telecom, government, healthcare, transportation and logistics, education, gaming.
• Image Recognition Market Country Level Analysis
Get the Free sample copy of the report here:
https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-image-recognition-market
Some of the key questions answered in this report:
How has the Image recognition market performed so far and how will it perform in the coming years?
1. What has been the impact of COVID-16.8 on the Image recognition market?
2. What are the key regional markets?
3. What is the breakup of the market based on the procedure?
4. What is the breakup of the market based on the injury location?
5. What is the breakup of the market based on the end user?
6. What are the various stages in the value chain of the industry?
7. What are the key driving factors and challenges in the industry?
8. What is the structure of the Image recognition market and who are the key players?
9. What is the degree of competition in the industry?
Market Analysis and Insight: Image recognition market
• Image recognition denotes the technologies that identify logos, places, objects, people, buildings, and various other variables in images. Customers are sharing enormous amounts of data through social networks, apps, and websites. Also, mobile phones equipped with cameras are leading to the creation of unlimited videos and digital images. The large volume of digital data is being utilized by companies to deliver smarter and better services to the people accessing it.
• Major factors that are expected to boost the growth of the image recognition market in the forecast period are the increase in the need for security applications and products enabled with image recognition functions. Furthermore, the rise in the utilization of high bandwidth data services is further anticipated to propel the growth of the image recognition market. Moreover, the technology developments to improve the need for image recognition amongst the CPG and retail companies are further estimated to cushion the growth of the image recognition market. On the other hand, the high installation price of the image recognition solutions is further projected to impede the growth of the image recognition market in the timeline period.
• In addition, the rise in the demand for big data analytics will further provide potential opportunities for the growth of the image recognition market in the coming years. However, the decrease in the resolution image size and storage might further challenge the growth of the image recognition market in the near future.
Image recognition market - Regional Level Analysis
• The countries covered in the image recognition market report are the U.S., Canada, and Mexico in North America, Brazil, Argentina, and the rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of the Middle East and Africa (MEA).
Image recognition market - Share Analysis:
• The image recognition market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the image recognition market.
Key player - Image recognition market
The major players covered in the image recognition market report are
• Qualcomm Technologies, Inc.
• NEC Corporation
• Google.
• LTUTech
• Catchoom
• Honeywell International Inc
• Hitachi, Ltd.
• Wikitude GmbH
• Slyce
• Attrasoft, Inc.
• JASTEC Co. Ltd.
• Apple Inc.
• IDEMIA
• Gemalto NV
• Ayonix Face Technologies
• Cognitec Systems GmbH
• Aware, Inc.
• Daon
• Neurotechnology
• Herta Security and KeyLemon Ind. among other domestic and global players.
Get Full Access of Report@
https://www.databridgemarketresearch.com/reports/global-image-recognition-market
MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Image recognition market Share by Product & Procedure type
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