openPR Logo
Press release

Image Recognition Market: Trends and Opportunities Techniques to develop Distinctive Data Sets and Research Material for Business Reports

07-22-2016 09:49 AM CET | IT, New Media & Software

Press release from: Image Recognition

Global Image Recognition Market: Overview

The field of image recognition has gained widespread acclaim in the past few years. Consumers are increasingly demanding a variety of image recognition applications and technologies in mobile computing devices and gaming consoles. Businesses have started recognizing the numerous benefits of collecting digital info from images.

This digital info can help enhance customer experience and offer new ways to approach customers.

Image recognition refers to technologies that identify places, logos, people, objects, buildings, and several other variables in images. Users are sharing vast amounts of data through apps, social networks, and websites. Additionally, mobile phones equipped with cameras are leading to the creation of limitless digital images and videos. The large volume of digital data is being used by companies to deliver better and smarter services to the people accessing it.

The fields of security and surveillance, defense, automatic automobiles, financial services, health care, and education are also deriving many definitive benefits from advancements in image recognition. A variety of image recognition software products and services are being employed by companies for enhancing many industry-specific business processes. As such, the global market for image recognition is witnessing expansion at an exponential rate.

The report gives a thorough overview of the present state of the image recognition market, which is still in its nascent phase. A detailed overview of technological and product advancements has been included in the report, with a thorough outline of the growth trajectory exhibited by the market in the past few years. The major end-use areas and technologies, the key regional markets, and the factors that are expected to lead to the most lucrative growth opportunities in the global image recognition market are analyzed at length.

Get more information:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=11702

Global Image Recognition Market: Trends and Opportunities

The rising sophistication of image recognition technologies is creating a plethora of growth opportunities in several fields. In the field of digital shopping, e-commerce companies can easily target the rising number of users shopping online from their smartphones or other mobile computing devices. This expanding group of potential consumers can be attracted by making the digital space more interactive and making everything easily searchable, and thus purchasable.

The market also has a huge scope of development in the field of health care, where the rapid adoption of electronic health records and remote health care practices are boosting the scope of utilization of various image recognition products and services.

Over the report’s forecast period, the market is expected to gain substantial revenue from applications in end-use sectors of automatic vehicles, smartphones, e-commerce, health care, and wearable devices. Other key end-use segments of the global image recognition market include academia/government, media, financial services, gaming, education, and libraries and archives.

Some of the major applications of image recognition are industrial automation and inspection, face recognition, code recognition, surveillance and security, visual geolocation, object recognition, gesture recognition, medical and biomedical image analysis, automotive driver assistance, traffic management, and road surveying.

About Us
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insights for decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

About Us
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

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 Image Recognition Market: Trends and Opportunities Techniques to develop Distinctive Data Sets and Research Material for Business Reports here

News-ID: 350794 • Views:

More Releases for TMR

Cancer Diagnostics Market Reviews 2031 | TMR Study
According to a Transparency Market Research (TMR) research report, the global cancer diagnostics Market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 335.7 Bn by the end of 2031. The study on the cancer diagnostics Market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The authors have
LED Work Light Market 2029 | TMR Research
LED Work Light Market: Overview The LED work light market may gain good momentum in terms of growth across the forecast period of 2019-2029 due to the growing demand from residential segments and the overwhelming benefits it provides. These high-intensity light fixtures are mainly used by technicians to assist them in their work temporarily. The use of LED work lights is increasing among many end-users due to benefits like longevity, durability,
Dissolved Gas Analyzer Market 2025 | TMR Research
Global Dissolved Gas Analyzer Market: Overview The high electrical and thermal stress leads to decomposition of mineral oils used inside a power transformer. This in turn leads to generation of hydrogen (H2), carbon di-oxide (CO2), carbon mono-oxide (CO), methane (CH4), ethylene (C2H4), and acetylene (C2H2) among others. The formation of these gases depends upon the faults in the transformer. To evaluate the nature of the gases and their potential threats, dissolved gas
Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future. Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200 Among regions, North America,
Hyperloop Train Market 2025 | TMR Research
Global Hyperloop Train Market: Snapshot The global market for hyperloop train is likely to exhibit high-speed expansion in the next few years. The demand for cheap and quick modes of transport that incur low base-costs and are built on easier-to-construct infrastructure, are immune to natural calamities such as earthquakes are the key factors expected to work in favor of the global hyperloop train market. Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=2000 The
Crowdsourced Security Market 2018 - 2028 | TMR Research
Crowdsourced Security Market: Overview The global crowdsourced security market is expected develop at a healthy pace in the coming years of the forecast period of 2018 to 2028. The mobile phone application segment of the crowdsourced security market is expected to develop at a rapid pace in these coming years. The rate of adoption of these mobile application is growing at a great pace and is thus helping the market to