Press release
Artificial Intelligence (AI) Image Recognition Market Report 2024-2033 | Size, Growth Demand, Share, Trends
Artificial Intelligence (AI) Image Recognition Market
As per the report, the artificial intelligence (AI) image recognition market size has grown rapidly in recent years. It will grow from $2.32 billion in 2023 to $2.76 billion in 2024 at a compound annual growth rate (CAGR) of 19.1%. The artificial intelligence (AI) image recognition market size is expected to see rapid growth in the next few years. It will grow to $5.51 billion in 2028 at a compound annual growth rate (CAGR) of 18.9%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=13789&type=smp
Rapid Surge In AI Adoption Reshapes Industries, Fueling Robust Growth In AI Image Recognition Market
The growing adoption of artificial intelligence (AI) is expected to propel the growth of the AI image recognition market going forward. Artificial intelligence (AI) refers to the simulation of human intelligence processes by machines, especially computer systems. Rising adoption of artificial intelligence helps image recognition by using algorithms to analyze and interpret visual data in a manner similar to how humans perceive and understand images. For instance, in January 2022, according to a survey of 7,502 businesses by International Business Machines Corporation, a US-based technology corporation, around 20% of respondents reported adopting AI in at least one business area, whereas in 2022, that figure stands at 50%. Therefore, the growing adoption of artificial intelligence (AI) is driving the growth of the AI image recognition market.
Innovative AI-Powered Image Recognition Tools Transforming The Shopping Experience
Major companies operating in the artificial intelligence (AI) image recognition market are focusing on innovative technology, such as AI-powered image recognition tools, to sustain their position in the market. An AI-powered image recognition tool is a computer vision technology that uses artificial intelligence to identify and categorize various elements of images or videos. For instance, in October 2023, Klarna, a US-based fintech company, launched Shopping Lens, a new artificial intelligence (AI)-powered image recognition tool to improve users' shopping experiences. This tool allows customers to upload a photo of any item they might be interested in purchasing. With artificial intelligence (AI), the tool converts an image into a search term and provides customers with fast access to the best offers on Klarna's app and where to buy the product.
The artificial intelligence (ai) image recognition market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Technology: Code Recognition, Facial Recognition, Object Recognition, Pattern Recognition, Optical Character Recognition
3) By Application: Scanning And Imaging, Security And Surveillance, Image Search , Augmented Reality , Marketing And Advertising
4) By End-User: Banking, Financial Services And Insurance (BFSI), Media And Entertainment, Retail And E-commerce, Information Technology (IT) And Telecom
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=13789&type=discount
Major companies operating in the artificial intelligence (ai) image recognition market report are Apple Inc., Google LLC, Samsung, Microsoft Corporation, Meta Platforms Inc., Amazon Web Services (AWS), Intel Corporation, The International Business Machines Corporation, Qualcomm Technologies Inc., NVIDIA Corporation, NEC Corporation, Adobe Inc., Baidu Inc., Hikvision, Arista Networks, Xilinx Inc., Cognex Corporation, SenseTime, Ambarella Inc., Megvii, Trax, Cambricon Technologies Corporation Limited, Vayyar Imaging, aiMotive, Cortexica Vision Systems, Clarifai, Blippar, Imagga, Yitu Technology
Contents of the report:
1. Executive Summary
2. Artificial Intelligence (AI) Image Recognition Market Report Structure
3. Artificial Intelligence (AI) Image Recognition Market Trends And Strategies
4. Artificial Intelligence (AI) Image Recognition Market - Macro Economic Scenario
5. Artificial Intelligence (AI) Image Recognition Market Size And Growth
…..
27. Artificial Intelligence (AI) Image Recognition Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/artificial-intelligence-ai-image-recognition-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Artificial Intelligence (AI) Image Recognition Market Report 2024-2033 | Size, Growth Demand, Share, Trends here
News-ID: 3570893 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Recognition
Digital Door Lock System Market by Region - North America, Latin America, Europe …
According to recently published report by Fact.MR, the global digital door lock system market is projected to grow at a CAGR of 30.8% in terms of value during the period 2017-2026. In terms of volume, the market is anticipated to record sales of nearly 80,000 thousand units by 2026-end.
There has been a significant increase in the number of manufacturing sites along with growing pace of industrialization across the globe in…
Digital Door Lock System Market by Region - North America, Latin America, Europe …
According to recently published report by Fact.MR, the global digital door lock system market is projected to grow at a CAGR of 30.8% in terms of value during the period 2017-2026. In terms of volume, the market is anticipated to record sales of nearly 80,000 thousand units by 2026-end.
There has been a significant increase in the number of manufacturing sites along with growing pace of industrialization across the globe in…
Digital Door Lock System Market by Region - North America, Latin America, Europe …
Digital door locks are locks that are installed on doors of various structures and can be operated with the convenience of applications on the user’s smartphone. These keyless locks operate on technologies such as Bluetooth and Wi-Fi.
Penetration of Smartphones & Mobile Broadband to Augment the Market Expansion
Smart devices are considered to be one of the major evolutionary innovations for commercial and residential spaces on the back of their sustainable, secure…
Digital Door Lock Systems Market Report 2018: Segmentation by Type (Biometrics ( …
Global Digital Door Lock Systems market research report provides company profile for Cisco Systems, Inc., Onity Inc., ADT Inc., Assa Abloy Group, Vivint, Inc., Allegion PLC, Godrej & Boyce Manufacturing Co. Ltd., Honeywell International Inc., Panasonic Corporation, Johnson Controls 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…
Universal $12 Bn Healthcare Biometrics Market | By Technology | Face Recognition …
A Research Study Titled, “Healthcare Biometrics Market by Technology, Application, and End User - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the healthcare biometrics market is projected to be around $12 billion by 2025.
Healthcare Biometrics - Competitive Analysis:
Technological collaborations and mergers will drive the market during the forecast period. For instance, in September 2015, Qualcomm Inc. announced the collaboration between Qualcomm Life, Inc.…
Digital Door Lock System Market Report by Region - North America, Latin America, …
The global market discussion on digital door lock systems industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Digital Door Lock System Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2026”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from…
