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Global Artificial Intelligence (AI) Image Recognition Market Size, Share [Analysis 2032] MDL

07-14-2023 09:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Data Library

Market Data Library

Market Data Library

The Global Artificial Intelligence (AI) Image Recognition Market is on a rise, driven by the increasing demand for advanced computer vision technologies across various industries. AI image recognition systems enable automated analysis and understanding of visual content, revolutionizing fields like healthcare, retail, automotive, and surveillance. The market is anticipated to witness substantial growth in the coming years, owing to the advancements in deep learning, neural networks, and natural language processing techniques that enhance the accuracy and efficiency of image recognition algorithms.

Global AI image recognition market will reach $8,898.2 million by 2026, growing by 26.9% annually over 2020-2026 owing to the rising need for AI-enabled image recognition technology amid the COVID-19 pandemic.

"Get a head start on your competitors - download our free sample report to learn more! https://marketdatalibrary.com/download-sample/3061

Highlighted with 82 tables and 74 figures, this 160-page report "Global Artificial Intelligence (AI) Image Recognition Market 2020-2026 by Offering, Function, Industry Vertical, and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global AI image recognition market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2026 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

In-depth qualitative analyses include identification and investigation of the following aspects:

Market Structure
Growth Drivers
Restraints and Challenges
Emerging Product Trends & Market Opportunities
Porter's Fiver Forces

The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global AI image recognition market in every aspect of the classification from perspectives of Offering, Function, Industry Vertical, and Region.

Based on Offering, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.

Hardware
Software
Service

To view Top Players, Segmentation and other Statistics of Global Artificial Intelligence (AI) Image Recognition Industry, Get Free Customization Report: https://marketdatalibrary.com/free-customization/3061

Based on Function, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.

Biometrics Recognition

Facial Recognition
Hand and Fingerprint Scan
Eyes Recognition
Other Biometrics

Object Identification

Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue for 2015-2026 included in each section.

Automotive
BFSI
Healthcare
Security
Retail
Other Industry Verticals

Geographically, the following regions together with the listed national/local markets are fully investigated:

APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
North America (U.S., Canada, and Mexico)
South America (Brazil, Chile, Argentina, Rest of South America)
RoW (Saudi Arabia, UAE, Egypt)

For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2015-2026. The breakdown of all regional markets by country and split of key national markets by Offering, Function, and Industry Vertical over the forecast years are also included.

Some of the key questions answered in this report: 

Which are the five top players of the Global Artificial Intelligence (AI) Image Recognition Market?
How will the Global Artificial Intelligence (AI) Image Recognition Market change in the upcoming years?
Which product and application will take a share of the Global Artificial Intelligence (AI) Image Recognition Market?
What are the drivers and restraints of the Global Artificial Intelligence (AI) Image Recognition Market?
Which regional market will show the highest growth?
What will be the CAGR and size of the Global Artificial Intelligence (AI) Image Recognition Market throughout the forecast period?
What is the current market size, what will the market size be in 2030 and what will the growth rate be?
What are the challenges to grow in the market?
What are the market opportunities and challenges faced by the key vendors?
Who are the major competitors and what is their strategy?
What are the barriers to entry for new players in the market?

"Get Personalized Advice from An Industry Expert. Contact Us Today!" https://marketdatalibrary.com/talk-to-consultant/3061

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global AI image recognition market are assayed quantitatively and qualitatively through Market Data Library's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

Key Players (this may not be a complete list and extra companies can be added upon request):

Aether, Inc.

Amazon Web Services, Inc.

Clarifai, Inc.

Cortexica Vision Systems, Ltd.

Cortica

Google LLC

IBM Corporation

Intel Corporation

LPixel, Inc.

Micron Technology, Inc.

Microsoft Corporation

Nvidia Corporation

Pixelab

Procter & Gamble Co.

Qualcomm Corp.

Samsung Electronics Co., Ltd.

Softech, Ltd.

Vee Technologies, Inc.

Visenze

Webtunix

Xilinx Inc.

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About Market Data Library:

Market Data Library is committed to providing clients with high-quality market research that is tailored to their specific needs. The Market Data Library provides corporate intelligence studies that ensure reliable and accurate research data across a diverse range of industries, including Health Care, Chemicals, Packaging, ICT, Automotive, Industrial Automation, Agriculture, and Finance. Our team is comprised of various departments, including sales, operations, finance, research, and analytics, as well as the scientist and data scientist teams. Our business offerings portray the most up-to-date, rational information a company needs to compete effectively. To guarantee that our clients have access to information and insights whenever they need them, we provide 24/7 research support.

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