The global Image Recognition Technology market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Image Recognition Technology market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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The China market for Global Image Recognition Technology market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Image Recognition Technology market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Image recognition technology is the process of identifying and detecting an object or a feature in a digital image or video. The field of image recognition has gained widespread acclaims in the past few years. Image recognition system uses the data shared by users through various platforms such as social networks, apps, and websites. It uses a technology that detects places, people, items, buildings, logos, and different variables in pictures with the help of artificial intelligence. This concept is used in many applications such as smart photo libraries, targeted advertising, security surveillance, toll booth monitoring, and systems for factory automation
This report aims to provide a comprehensive presentation of the global market for Image Recognition Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Image Recognition Technology. This report contains market size and forecasts of Image Recognition Technology in global, including the following market information:
- Global Image Recognition Technology Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global top five companies in 2022 (%)
Object Detection Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Image Recognition Technology include IBM Corporation, Imagga Technologies, Amazon Web Services, Qualcomm Incorporated, Google, Microsoft Corporation, NEC Corporation, LTU technologies and Catchoom Technologies, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Image Recognition Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment:
Global Image Recognition Technology Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Image Recognition Technology Market Segment Percentages, by Type, 2022 (%)
- Object Detection
- QR/Barcode Recognition
- Facial Recognition
- Pattern Recognition
- Optical Character Recognition
Global Image Recognition Technology Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Image Recognition Technology Market Segment Percentages, by Application, 2022 (%)
- IT & Telecom
- BFSI
- Healthcare
- Retail
- Government
- Media & Entertainment
- Transportation & Logistics
- Manufacturing
- Others
Global Image Recognition Technology Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Image Recognition Technology Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Image Recognition Technology revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Image Recognition Technology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- IBM Corporation
- Imagga Technologies
- Amazon Web Services
- Qualcomm Incorporated
- Microsoft Corporation
- NEC Corporation
- LTU technologies
- Catchoom Technologies
- Intel Corporation
Chapter 1: Introduces the definition of Image Recognition Technology, market overview.
Chapter 2: Global Image Recognition Technology market size in revenue.
Chapter 3: Detailed analysis of Image Recognition Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Image Recognition Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
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