Press Release

Image Recognition Market Global Size, Trends, Potential Growth and Key Factors Forecast to 2026

Top Players in Image Recognition Market are Amazon Web Services (AWS) Inc., Google LLC, IBM Corporation, Microsoft Corporation, NVidia Corporation, Honeywell International Inc., Qualcomm Technologies, Inc., Honeywell International, Inc., Hitachi, Ltd., LTU technologies, NEC Corporation

The global image recognition market size is projected to reach USD 81.88 billion by 2026. The increasing incorporation of artificial intelligence in image recognition will fuel the demand for the product across the world. According to a report published by Fortune Business Insights™, titled, “Image Recognition Market Size, Share & Industry Analysis, By Component (Hardware, Software, Services), By Services (Implementation, Consulting and Training, and Support and Maintenance), By Technology (Barcode Recognition, Facial Recognition, Object Recognition, Pattern Recognition, and Optical Character Recognition), By Applications (Scanning and Imaging, Security and Surveillance, Image Search, Augmented Reality, and Marketing and Advertising), By Deployment (On-Premises, Cloud), By End-User (BFSI, Media and Entertainment, Retail and Consumer Goods, IT and Telecommunications, Government, Healthcare, Transportation and Logistics, and Others) and Regional Forecast, 2019-2026,”

The global image recognition market was worth USD 20.19 billion in 2018 and will exhibit a CAGR of 19.6% during the forecast period, 2019-2026

The image recognition technology finds applications in widespread domains. The use of image recognition technology in surveillance and security systems, data validation, tracking, and data analysis will fuel the demand for the product across the world. The increasing investment in the research and development of newer image recognition methods and software will aid the growth of the market in the forthcoming years.

To gain more insights into the market with detailed table of content and figures, click here – 

https://www.fortunebusinessinsights.com/industry-reports/image-recognition-market-101855

The Report Covers the Following, Major Points Precisely:

• Top Players That Are Operating in the Global Market
• Market Segmentation
• Regional Analysis
• Deep Insights into the Market with Detailed Table of Content and Figures
• Global Market Predictions for Five Decades.

KEY QUESTIONS ANSWERED:

  • What are the key technological and Image Recognition Market trends shaping the market?
  • What are the key opportunities in the market?
  • What are the key companies operating in the market?
  • Which company accounted for the highest market share?
  • Why Choose Fortune Business Insights?
  • What is the market size and growth rate of the global and regional market by various segments?
  • What is the market size and growth rate of the market for selective countries?
  • Which region or sub-segment is expected to drive the market in the forecast period?
  • What Factors are estimated to drive and restrain the Image Recognition Market growth?

The competitive landscape of the IoT in manufacturing market has been discussed in detail. In addition to growth stimulators, the report discusses a few of the factors that have restrained market growth. Forecast values for the market have been provided in the report for the period of 2019-2026. Additionally, the report identifies areas that have witnessed the highest demand and applications for the product in recent years. Besides this, a few of the leading products, major companies, and major industry developments of recent times have been highlighted in this report.

Key Industry Developments:

April 2018: Qualcomm Technologies, Inc. announced a collaboration with NetEase Youdao for the implementation of Youdao’s real-scene augmented reality (AR) translation-based platforms.

Some of the leading companies that are operating in the global image recognition market are:

  • Amazon Web Services (AWS) Inc.
  • Google LLC
  • IBM Corporation
  • Microsoft Corporation
  • NVidia Corporation
  • Honeywell International Inc.
  • Qualcomm Technologies, Inc.
  • Honeywell International, Inc.
  • Hitachi, Ltd.
  • LTU technologies
  • NEC Corporation

Have Any Query?Ask Our Experts

1. By Component

  • Hardware
  • Software
  • Services
    • Implementation
    • Consulting and Training
    • Support and Maintenance

2. By Technology

  • Barcode 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 Deployment

  • On-Premises
  • Cloud

5. By End-User

  • BFSI
  • Media and Entertainment
  • Retail and Consumer Goods
  • IT and Telecom
  • Government
  • Healthcare
  • Transportation and Logistics
  • Others

6. ByRegion

  • North America (U.S. and Canada)
  • Europe (U.K., Germany, France, Italy, Spain, and Rest of Europe)
  • Asia Pacific (China, Japan, India, Southeast Asia, and Rest of Asia Pacific)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
  • Latin America (Brazil, Mexico, and Rest of Latin America)

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Reasons to Purchase This Report:

• A detailed study of product launches of every marketing player, their market channels, tactics, and market growth.
• The report helps to understand the key product segments and their future scope up to Five Decades.
• The report allows readers and market players to understand market Size, Share, Trend, and Future Forecast.A
• The Report Provide Deep analysis with region-specific assessments and competition analysis on a global and regional scale.

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https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/image-recognition-market-101855

Detailed Table of Content – 

1.Introduction 
1.1.Definition, By Segment
1.2.Research Approach
1.3.Sources
2.Executive Summary
3.Market Dynamics 
3.1.Drivers, Restraints and Opportunities
3.2.Emerging Trends
4.Key Insights 
4.1.Macro and Micro Economic Indicators
4.2.Consolidated SWOT Analysis of Key Players
5.Global Image Recognition Market Analysis, Insights and Forecast, 2015-2026 
5.1.Key Findings / Summary
5.2.Market Size Estimates and Forecasts
5.2.1.By Component (Value)
5.2.1.1.Hardware
5.2.1.2.Software
5.2.1.3.Services
5.2.1.3.1.Implementation
5.2.1.3.2.Consulting and Training
5.2.1.3.3.Support and Maintenance
5.2.2.By Technology (Value)
5.2.2.1.Barcode Recognition
5.2.2.2.Facial Recognition
5.2.2.3.Object Recognition
5.2.2.4.Pattern Recognition
5.2.2.5.Optical Character Recognition
5.2.3.By Application (Value)
5.2.3.1.Scanning and Imaging
5.2.3.2.Security and Surveillance
5.2.3.3.Image Search
5.2.3.4.Augmented Reality
5.2.3.5.Marketing and Advertising
5.2.4.By Deployment (Value)
5.2.4.1.On-Premises
5.2.4.2.Cloud
5.2.5.By End-User (Value)
5.2.5.1.BFSI
5.2.5.2.Media and Entertainment
5.2.5.3.Retail and Consumer Goods
5.2.5.4.IT and Telecom
5.2.5.5.Government
5.2.5.6.Healthcare
5.2.5.7.Transportation and Logistics
5.2.5.8.Others
5.2.6.By Region (Value)
5.2.6.1.North America
5.2.6.2.Europe
5.2.6.3.Asia Pacific
5.2.6.4.Middle East and Africa
5.2.6.5.Latin America
6.North America Image Recognition Market Analysis, Insights and Forecast, 2015-2026 
6.1.Key Findings / Summary
6.2.Market Size Estimates and Forecasts
6.2.1.By Component (Value)
6.2.1.1.Hardware
6.2.1.2.Software
6.2.1.3.Services
6.2.1.3.1.Implementation
6.2.1.3.2.Consulting and Training
6.2.1.3.3.Support and Maintenance
6.2.2.By Technology (Value)
6.2.2.1.Barcode Recognition
6.2.2.2.Facial Recognition
6.2.2.3.Object Recognition
6.2.2.4.Pattern Recognition
6.2.2.5.Optical Character Recognition
6.2.3.By Application (Value)
6.2.3.1.Scanning and Imaging
6.2.3.2.Security and Surveillance
6.2.3.3.Image Search
6.2.3.4.Augmented Reality
6.2.3.5.Marketing and Advertising
6.2.4.By Deployment (Value)
6.2.4.1.On-Premises
6.2.4.2.Cloud
6.2.5.By End-User (Value)
6.2.5.1.BFSI
6.2.5.2.Media and Entertainment
6.2.5.3.Retail and Consumer Goods
6.2.5.4.IT and Telecom
6.2.5.5.Government
6.2.5.6.Healthcare
6.2.5.7.Transportation and Logistics
6.2.5.8.Others
6.2.6.By Country (Value)
6.2.6.1.United States
6.2.6.2.Canada

TOC Continued…!!

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Ruby Arterburn

Ruby is leading the team writing for artificial intelligence. She is a newcomer in the organization and has already made her base and reputation with her hard work and her efficiency towards her field. Being a student of computer science it has become easier for her to understand the objectives and the expected results of this column. She is also an excellent cook, and now and then, and we get the opportunity to taste her deliciously baked cookies.

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