Global Image Recognition Market size was valued at USD 38.02 Bn in 2022 and is expected to reach USD 117.56 Bn by 2029, at a CAGR of 17.5% over the forecast period.
Image Recognition Market Report Overview
Maximise Market Research has issued reports to help clients better grasp the Image Recognition Market structure. The report, which is based on primary and secondary research, provides detailed information about the Image Recognition market, trade data, top companies, and different market metrics.
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Image Recognition Market Report Scope and Research Methodology
The report contains business facts and analytical insights that assist in understanding the Image Recognition market size, market share, growth, trend, demand, top player and industry profile, opportunities, value cycle, end-users, types, and applications in simple language. The global and regional Image Recognition market sizes were estimated using the bottom-up approach. Primary and secondary research approaches were employed to properly show the Image Recognition market structure. The data for the secondary research approach was gathered from a predetermined set of sources. This strategy was used to collect information on the Image Recognition main players as well as current and historical industry trends. The information acquired from secondary research was validated through primary research, which included interviews with Image Recognition industry professionals.The report also provides growth possibilities for stakeholders to invest in micro and macro markets, as well as a complete examination of the competitive landscape and important Image Recognition competitors' product offerings. SWOT analysis was done to determine the Image Recognition market's strengths and weaknesses.
Image Recognition Market Regional Analysis
The report has been segmented into many key countries. This section provides a detailed analysis of the Image Recognition market in all the regions with their key countries including market size, CAGR, and import and export. The regions and their countries studied are:
- North America- U.S., Canada, Mexico
- Europe- UK, Germany, France, Spain, Rest of Europe
- Asia Pacific- China, India, Japan, Australia, South Korea, Asian Countries, Rest of APAC
- South America- Brazil
- Middle East and Africa.
Image Recognition Market Segmentation
by Technology
Traditional Image Recognition
Deep Learning-Based Image Recognition
by Application
Object recognition
Facial recognition
Scene recognition
Optical character recognition (OCR)
Gesture recognition
Code Recognition
by Industry Vertical
Retail and E-commerce
Healthcare
Security and Surveillance
Entertainment and Media
Manufacturing and Industrial
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Image Recognition Market Key Players
North America:
1. Google (United States)
2. Amazon (United States)
3. Microsoft (United States)
4. Facebook (United States)
5. IBM (United States)
6. NVIDIA (United States)
7. Intel (United States)
8. Honeywell (United States)
9. Cognex (United States)
10. Qualcomm (United States)
Key Questions answered in the Image Recognition Market Report are:
- What is Image Recognition Market?
- What will be the CAGR of the Image Recognition market during the forecast period?
- Which segment of the Image Recognition market held the largest share of the global market in 2022?
- What trends are expected to generate additional revenue for the Image Recognition market?
- What are the opportunities for the Image Recognition Market?
- What factors are driving the Image Recognition market growth?
- Which company held the largest share in the Image Recognition market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments with their sub-segments and region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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