Press release
Image Recognition in Retail Market Will Exhibit an Impressive Expansion by 2024-2030 |
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Among application, the vision analytics segment held a considerable growth in the market owing to increasing demand of analytics solutions for better customer experience in retail shop and malls. Moreover, AI with the image recognition enables to ease the process and alleviate the shopping experience for the customers. Companies such as Amazon, Lenskart, Adidas, Cognizant and many more uses the image recognition in their retail stores. Amazon's friction-less grocery store uses image recognition to identify its customer and support them by making their shopping experience better without the requirement of stopping at payment counters. Lenskart and Adidas have their image recognition system which enables the customer to try how the accessories look on them without actually wearing them. They can just select the option and image recognition system will project it on the screen as how it looks on them.
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Market Coverage
Market number available for - 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Market Segmentation
Global Image Recognition in Retail Market by Deployment Type
On-Premises
Cloud-Based
Global Image Recognition in Retail Market by Application
Vision Analytics
Marketing and Advertising
Visual Product Search
Others( Security and Surveillance)
Regional Analysis
North America
United States
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
Amazon Web Services, Inc.
Blippar Ltd
Catchoom Technologies, S.L.
Clarifai, Inc.
Deepomatic
Google LLC
IBM Corp.
Imagga Technologies Ltd.
Intelligence Retail
LTUTech
Microsoft Corp.
NEC Corp.
ParallelDots, Inc.
Qualcomm Technologies, Inc.
Ricoh Innovations Corp.
Slyce Acquisition Inc.
Snap2Insight Inc.
ShelfWise Sp. z o.o.
Trax Technology Solutions Pte Ltd.
Vispera
The Report Covers
Market value data analysis of 2019 and forecast to 2026.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global image recognition in retail market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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