AI Image Recognition Market to Scale New Heights as Market Players Focus on Innovations 2024-2030

The latest study released on the global 'AI Image Recognition' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'AI Image Recognition' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
Google (United States), IBM (United States), Intel (United States), Microsoft (United States), Amazon Web Services (United States), Qualcomm Inc. (United States), NEC Corporation (Japan), LTU Technologies (France), Honeywell International Inc. (United States), Catchoom Technologies S.L. (Spain),
Artificial Intelligence system which processes visual information depends on the computer systems, which are capable of identifying specific objects. It categorizes the image which is based on content and performs image recognition. This system is important for robots which need to quickly and accurately recognize the objects in the environment. In addition, it is used by driver less cars to identify the pedestrians, signs, and vehicles. These applications in electric vehicles and robots are increasing the demand of AI image recognition.

October 2019, SnapPay Inc., which is a United States based payment platform provider, has launched facial recognition payment technology in the North America region.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in AI Image Recognition Market various segments and emerging territory.

Influencing Market Trend
• Technological Advancements in Image Recognition
Market Drivers
• Increasing Usage of Image Recognition in Security and Surveillance
• Growing Popularity of Social Media with Internet Penetration is Fueling the Market
Opportunities:
• Increasing Penetration of E commerce is Boosting the Market
• Wide Range of Applications of AI Based Image Recognition
Challenges:
• Lack of Awareness about the Technology

Analysis by Application (Automotive, Scanning and imaging, Security and Surveillance, Image search, Others), Components (Hardware, Software, Service), Image Recognition Technique (QR/ Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition), Industry Vertical (Retail & E-commerce, Media & Entertainment, BFSI, Automobile & Transportation, IT & Telecom, Government, Healthcare, Others)

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The regional analysis of Global AI Image Recognition Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

July 2019, Star Alliance, which is a global airline, announced a partnership with NEC Corporation. It is intended to develop a biometric data-based identification platform for the pass-through areas at the airports, such as boarding gates and check-in kiosks.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/95463-global-ai-image-recognition-market?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global AI Image Recognition market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global AI Image Recognition market.

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Advance Market Analytics is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
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This release was published on openPR.