The Global Image recognition Report is a panoramic study of the overall Image recognition market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Image recognition market. The report provides a detailed analysis of the key factors of the Image recognition market that are expected to have a positive impact on the growth of the Image recognition industry.

The global  image recognition market  size is expected to reach USD 80.29 Billion at a steady CAGR of 15.3% in 2028, according to latest analysis by Emergen Research. The advent of cloud media services and increase in number of mobile devices is fueling market growth to a significant extent. Deployment and preference for cloud-based services has increased to a significant extent due to the COVID-19 pandemic. The major benefits of cloud as a platform in the market are its easy scalability and ease of sharing already collected images and data between all devices.

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Top Companies Operating in the Image recognition Market and Profiled in the Report are:

IBM Corporation, Qualcomm, Honeywell, Toshiba, Microsoft, Huawei, Oracle, NEC Corporation, Catchoom, and Slyce.

The report aims to offers a thorough outlook of the Image recognition market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Image recognition market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2020-2027.

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Emergen Research has segmented the global image recognition market on the basis of component, application, deployment mode, technique, industry vertical, and region:

• 
  Component Outlook (Revenue, USD Billion; 2018–2028)
  • Hardware
  • Software
  • Services

• 
  Application Outlook (Revenue, USD Billion; 2018–2028)
  • Security and Surveillance
  • Scanning and Imaging
  • Augmented Reality
  • Image Search
  • Marketing and Advertising

• 
  Deployment Mode Outlook (Revenue, USD Billion; 2018–2028)
  • On-premises
  • Cloud

• 
  Technique Outlook (Revenue, USD Billion; 2018–2028)
  • Object Recognition
  • QR/ Barcode Recognition
  • Pattern Recognition
  • Facial Recognition
  • Optical Character Recognition

• 
  Industry Vertical Outlook (Revenue, USD Billion; 2018–2028)
  • Media & Entertainment
  • Healthcare
  • Retail & E-commerce
  • BFSI
  • IT & Telecom
  • Automobile & Transportation
  • Government
  • Others

Image recognition Market Segmentation by Regions:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Objectives of the Report:

• Study of the global Image recognition market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
• Industrial structure analysis of the Image recognition market by identification of various sub-segments
• Extensive analysis of key market players along with their SWOT analysis
• Competitive landscape benchmarking
• Analysis of Image recognition market based on growth trends, futuristic outlook, and contribution to the total growth of the market
• Analysis of drivers, constraints, opportunities, challenges, and risks in the global Image recognition market
• Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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