Image Recognition Market by Offering (Hardware, Software, Services), Technology (QR/barcode, Digital Image Processing, Facial Recognition ), Application Area ,Organization Size, Vertical and Region - Global Forecast to 2029
The image recognition market is expected to grow from USD 46.7 billion in 2024 to USD 98.6 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 16.1% during the forecast period. Continuous advancements in artificial intelligence (AI), deep learning, and computer vision technologies have significantly improved image recognition software's accuracy and capabilities, driving the market growth during the forecast period.
'As per application area, the scanning & imaging segment is expected to grow at a higher CAGR during the forecast period.'
Image recognition technology seamlessly integrates with existing workflow systems and document management platforms. Integrating with scanning devices, document repositories, and business applications enables end-to-end automation of document processing workflows, improving overall efficiency and productivity. Image recognition automates data extraction from scanned documents, such as invoices, forms, or receipts. It can identify and extract key data fields, such as names, dates, amounts, and reference numbers, with high accuracy. This streamlines data entry processes, reduces manual errors, and improves data quality. Image recognition technology can classify documents based on their visual content, such as layout, structure, or keywords; this allows workflow systems to automatically route documents to the correct workflows, departments, or users, speeding up processing times and improving organizational efficiency.
'As per organization size, large enterprises will hold a larger market share in 2024.'
Image recognition automates manual tasks such as data entry, document sorting, and quality control. Analyzing images and identifying relevant information reduces the need for human intervention, saving time and labor costs. Mage recognition analyzes visual data to identify inefficiencies or bottlenecks in operational processes. Monitoring workflows and analyzing process steps' images helps organizations identify optimization opportunities and improve overall efficiency. In industries such as manufacturing and utilities, image recognition monitors equipment performance and detects potential issues. Analyzing images from sensors or cameras identifies abnormalities or signs of wear and tear, enabling proactive maintenance and minimizing downtime.
'As per region, Europe will witness the second-largest market share during the forecast period.'
Europe has advanced technological infrastructure, including high-speed internet connectivity, robust computing resources, and a skilled workforce in artificial intelligence (AI) and computer vision. These technological capabilities enable the development and deployment of sophisticated image recognition solutions across various industries. European countries have made significant strides in advancing image recognition capabilities. For instance, in the retail sector, companies like Zalando and ASOS utilize image recognition algorithms to offer personalized shopping experiences, enabling customers to search for products using images rather than keywords; this has enhanced user engagement and increased conversion rates and sales for these retailers. European hospitals and research institutions in healthcare also leverage image recognition technology for medical imaging analysis and diagnostics. For instance, the UK's National Health Service (NHS) has implemented image recognition systems to assist radiologists in interpreting medical images, leading to faster and more accurate diagnoses. In addition, government initiatives such as the European Commission's Digital Single Market Strategy and funding programs like Horizon Europe further support research and development in image recognition technology, driving innovation and competitiveness in the European market.
The breakup of the profiles of the primary participants is below:
Note: The rest of the World consists of the Middle East & Africa, and Latin America
Note: Tier 1 companies have revenues of more than USD 100 million; tier 2 companies' revenue ranges from USD 10 million to USD 100 million; and tier 3 companies' revenue is less than 10 million
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
Some of the significant vendors offering image recognition software and services across the globe include Google (US), Qualcomm (US), AWS (US), Microsoft (US), Toshiba (Japan), NVIDIA (US), Oracle (US), NEC (Japan), Huawei (China), Hitachi (Japan), Trax (Singapore), Samsung (South Korea), STMicroelectronics (Switzerland), ON Semiconductor Corporation (US), Snap2Insight (Portland), Attrasoft (US), Sterison (India), Unicsoft (UK), ParallelDots (US), Vue.ai (US), Catchoom (Spain), Wikitude (Austria), Ximilar (Czech Republic), Imagga Technologies (Bulgaria), Blippar (UK), Clarifai (US), LTU Technologies (France), and DeepSignals (US).
Research coverage:
The market study covers the image recognition market across segments. It aims to estimate the market size and the growth potential of this market across different market segments, such as offering, technology, application area, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall image recognition market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
'As per application area, the scanning & imaging segment is expected to grow at a higher CAGR during the forecast period.'
Image recognition technology seamlessly integrates with existing workflow systems and document management platforms. Integrating with scanning devices, document repositories, and business applications enables end-to-end automation of document processing workflows, improving overall efficiency and productivity. Image recognition automates data extraction from scanned documents, such as invoices, forms, or receipts. It can identify and extract key data fields, such as names, dates, amounts, and reference numbers, with high accuracy. This streamlines data entry processes, reduces manual errors, and improves data quality. Image recognition technology can classify documents based on their visual content, such as layout, structure, or keywords; this allows workflow systems to automatically route documents to the correct workflows, departments, or users, speeding up processing times and improving organizational efficiency.
'As per organization size, large enterprises will hold a larger market share in 2024.'
Image recognition automates manual tasks such as data entry, document sorting, and quality control. Analyzing images and identifying relevant information reduces the need for human intervention, saving time and labor costs. Mage recognition analyzes visual data to identify inefficiencies or bottlenecks in operational processes. Monitoring workflows and analyzing process steps' images helps organizations identify optimization opportunities and improve overall efficiency. In industries such as manufacturing and utilities, image recognition monitors equipment performance and detects potential issues. Analyzing images from sensors or cameras identifies abnormalities or signs of wear and tear, enabling proactive maintenance and minimizing downtime.
'As per region, Europe will witness the second-largest market share during the forecast period.'
Europe has advanced technological infrastructure, including high-speed internet connectivity, robust computing resources, and a skilled workforce in artificial intelligence (AI) and computer vision. These technological capabilities enable the development and deployment of sophisticated image recognition solutions across various industries. European countries have made significant strides in advancing image recognition capabilities. For instance, in the retail sector, companies like Zalando and ASOS utilize image recognition algorithms to offer personalized shopping experiences, enabling customers to search for products using images rather than keywords; this has enhanced user engagement and increased conversion rates and sales for these retailers. European hospitals and research institutions in healthcare also leverage image recognition technology for medical imaging analysis and diagnostics. For instance, the UK's National Health Service (NHS) has implemented image recognition systems to assist radiologists in interpreting medical images, leading to faster and more accurate diagnoses. In addition, government initiatives such as the European Commission's Digital Single Market Strategy and funding programs like Horizon Europe further support research and development in image recognition technology, driving innovation and competitiveness in the European market.
The breakup of the profiles of the primary participants is below:
- By Company: Tier I: 33%, Tier II: 25%, and Tier III: 42%
- By Designation: C-Level Executives: 31%, Director Level: 34%, and Others: 35%
- By Region: North America: 42%, Europe: 28%, Asia Pacific: 22%, Rest of World: 8%
Note: The rest of the World consists of the Middle East & Africa, and Latin America
Note: Tier 1 companies have revenues of more than USD 100 million; tier 2 companies' revenue ranges from USD 10 million to USD 100 million; and tier 3 companies' revenue is less than 10 million
Source: Secondary Literature, Expert Interviews, and MarketsandMarkets Analysis
Some of the significant vendors offering image recognition software and services across the globe include Google (US), Qualcomm (US), AWS (US), Microsoft (US), Toshiba (Japan), NVIDIA (US), Oracle (US), NEC (Japan), Huawei (China), Hitachi (Japan), Trax (Singapore), Samsung (South Korea), STMicroelectronics (Switzerland), ON Semiconductor Corporation (US), Snap2Insight (Portland), Attrasoft (US), Sterison (India), Unicsoft (UK), ParallelDots (US), Vue.ai (US), Catchoom (Spain), Wikitude (Austria), Ximilar (Czech Republic), Imagga Technologies (Bulgaria), Blippar (UK), Clarifai (US), LTU Technologies (France), and DeepSignals (US).
Research coverage:
The market study covers the image recognition market across segments. It aims to estimate the market size and the growth potential of this market across different market segments, such as offering, technology, application area, organization size, vertical, and region. It includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall image recognition market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
- Analysis of critical drivers (increasing demand for image recognition in the automotive industry, rising demand for security applications and products enabled with image recognition functions, increasing use of high bandwidth data services, and technological advancements to boost the demand for image recognition among CPG and retail components), restraints (high installation cost of Image recognition services and data privacy concerns and regulatory challenges), opportunities (integration of AI capabilities with image recognition solutions, increase in demand for big data analytics, and increase in demand in the healthcare industry), and challenges (training models to generalize well to natural world settings and limited dataset quality) influencing the growth of the image recognition market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the image recognition market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the image recognition market across varied regions.
- Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the image recognition market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Google (US), Qualcomm (US), AWS (US), Microsoft (US), Toshiba (Japan), NVIDIA (US), Oracle (US), NEC (Japan), Huawei (China), Hitachi (Japan), among others in the image recognition market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2018–2024
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.7.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 IMAGE RECOGNITION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of Primary Profiles
FIGURE 2 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
TABLE 2 KEY PRIMARY RESPONDENTS
2.1.2.2 Key Industry Insights
2.2 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 3 IMAGE RECOGNITION MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): VENDOR REVENUE FROM HARDWARE, SOFTWARE, AND SERVICES
FIGURE 5 APPROACH 2: BOTTOM-UP (DEMAND-SIDE): IMAGE RECOGNITION
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 4 IMAGE RECOGNITION MARKET SIZE AND GROWTH, 2019–2023 (USD MILLION, Y-O-Y %)
TABLE 5 IMAGE RECOGNITION MARKET SIZE AND GROWTH, 2024–2029 (USD MILLION, Y-O-Y %)
FIGURE 6 IMAGE RECOGNITION MARKET TO WITNESS SIGNIFICANT GROWTH
3.1 OVERVIEW OF RECESSION IMPACT
FIGURE 7 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 8 FASTEST-GROWING SEGMENTS OF IMAGE RECOGNITION MARKET
4 PREMIUM INSIGHTS
4.1 OVERVIEW OF IMAGE RECOGNITION MARKET
FIGURE 9 IDENTIFICATION OF COMPLEX PATTERNS AND FEATURES WITHIN IMAGES FOR ENHANCED DECISION-MAKING PRESENT OPPORTUNITIES
4.2 IMAGE RECOGNITION MARKET, BY OFFERING, 2024 VS. 2029
FIGURE 10 SOFTWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.3 IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024 VS. 2029
FIGURE 11 QR/BARCODE RECOGNITION TO DOMINATE IN 2024
4.4 IMAGE RECOGNITION MARKET, BY APPLICATION, 2024 VS. 2029
FIGURE 12 SECURITY & SURVEILLANCE SEGMENT TO COMMAND LARGEST MARKET SHARE IN 2024
4.5 IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024 VS. 2029
FIGURE 13 LARGE ENTERPRISES SEGMENT TO HOLD MAJOR MARKET SHARE DURING FORECAST PERIOD
4.6 IMAGE RECOGNITION MARKET, BY VERTICAL, 2024 VS. 2029
FIGURE 14 BFSI SEGMENT TO HOLD DOMINANT POSITION IN 2024
4.7 IMAGE RECOGNITION MARKET: REGIONAL SCENARIO, 2024–2029
FIGURE 15 ASIA PACIFIC TO EMERGE AS MOST LUCRATIVE MARKET FOR INVESTMENT IN NEXT FIVE YEARS
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: IMAGE RECOGNITION MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing need for image recognition in automotive industry
5.2.1.2 Rising demand for security applications
5.2.1.3 Increasing use of high-bandwidth data services
5.2.1.4 Technological advancements among CPG and retail companies
5.2.2 RESTRAINTS
5.2.2.1 High development cost of image recognition
5.2.2.2 Data privacy and regulatory concerns
5.2.3 OPPORTUNITIES
5.2.3.1 Integration of AI capabilities with image recognition solutions
5.2.3.2 Increase in demand for big data analytics
5.2.4 CHALLENGES
5.2.4.1 Training models to adapt to real-world settings
5.2.4.2 Limited dataset quality
5.3 CASE STUDY ANALYSIS
5.3.1 CASE STUDY 1: MICROSOFT'S VISION RECOGNITION SOLUTION REDUCES INJURIES FOR ATHLETES IN US
5.3.2 CASE STUDY 2: AWD ENABLES AU BANK TO USE VIDEO BANKING SERVICES 7 DAYS A WEEK
5.3.3 CASE STUDY 3: GOOGLE'S CLOUD VISION AUTOMATES IMAGE CLASSIFICATION AND LABELING FOR BOX
5.4 SUPPLY CHAIN
FIGURE 17 IMAGE RECOGNITION MARKET: SUPPLY CHAIN
5.5 ECOSYSTEM
FIGURE 18 IMAGE RECOGNITION MARKET: ECOSYSTEM
TABLE 6 IMAGE RECOGNITION MARKET: ECOSYSTEM
5.6 TRADE ANALYSIS
TABLE 7 IMPORT DATA (HS CODE 8443), BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 19 IMPORT DATA (HS CODE 8443), BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 8 EXPORT DATA (HS CODE 8443), BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 20 EXPORT DATA (HS CODE 8443), BY COUNTRY, 2018–2022 (USD MILLION)
5.7 PORTER'S FIVE FORCES ANALYSIS
FIGURE 21 IMAGE RECOGNITION MARKET: PORTER'S FIVE FORCES ANALYSIS
5.7.1 THREAT OF NEW ENTRANTS
5.7.2 THREAT OF SUBSTITUTES
5.7.3 BARGAINING POWER OF SUPPLIERS
5.7.4 BARGAINING POWER OF BUYERS
5.7.5 INTENSITY OF COMPETITION RIVALRY
5.8 PRICING ANALYSIS
5.8.1 AVERAGE SELLING PRICE (ASP) TREND OF KEY PLAYERS, BY OFFERING
5.8.2 INDICATIVE PRICING ANALYSIS, BY SOLUTION
TABLE 9 INDICATIVE PRICING ANALYSIS, BY SOLUTION
5.9 KEY TECHNOLOGIES
5.9.1 CONVOLUTIONAL NEURAL NETWORKS (CNN)
5.9.2 GENERATIVE ADVERSARIAL NETWORKS (GANS)
5.9.3 AUTOML
5.10 COMPLEMENTARY TECHNOLOGIES
5.10.1 SENSORS
5.10.2 RPA
5.10.3 CLOUD COMPUTING
5.11 ADJACENT TECHNOLOGIES
5.11.1 AI & ML
5.11.2 INTERNET OF THINGS
5.11.3 NLP
5.11.4 COMPUTER VISION
5.12 PATENT ANALYSIS
FIGURE 22 NUMBER OF PATENTS PUBLISHED, 2013–2023
FIGURE 23 TOP 5 PATENT OWNERS (GLOBAL)
TABLE 10 TOP 10 PATENT APPLICANTS (US)
5.13 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 24 IMAGE RECOGNITION MARKET: TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.14 REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 REGULATIONS, BY REGION
5.14.2.1 North America
5.14.2.2 Europe
5.14.2.3 Asia Pacific
5.14.2.4 Middle East & Africa
5.14.2.5 Latin America
5.15 KEY STAKEHOLDERS & BUYING CRITERIA
5.15.1 CRITICAL STAKEHOLDERS IN BUYING PROCESS
FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USERS
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS (%)
5.15.2 BUYING CRITERIA
FIGURE 26 KEY BUYING CRITERIA FOR TOP END USERS
TABLE 16 KEY BUYING CRITERIA FOR TOP END USERS
5.16 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 17 IMAGE RECOGNITION MARKET: KEY CONFERENCES AND EVENTS IN 2024–2025
5.17 IMAGE RECOGNITION MARKET: BUSINESS MODEL ANALYSIS
FIGURE 27 IMAGE RECOGNITION MARKET: BUSINESS MODELS
5.17.1 PRODUCT SALES MODEL
5.17.2 SUBSCRIPTION-BASED MODEL
5.18 INVESTMENT AND FUNDING SCENARIO
FIGURE 28 INVESTMENT AND FUNDING SCENARIO OF MAJOR IMAGE RECOGNITION COMPANIES
6 IMAGE RECOGNITION MARKET, BY OFFERING
6.1 INTRODUCTION
6.1.1 OFFERINGS: IMAGE RECOGNITION MARKET DRIVERS
FIGURE 29 SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 18 IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 19 IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
6.2 HARDWARE
6.2.1 INCREASING ADOPTION FOR USE IN PRODUCT RECOGNITION TO DRIVE MARKET GROWTH
TABLE 20 HARDWARE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 21 HARDWARE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.2 SENSORS
6.2.3 ACCELERATORS
6.2.3.1 GPU
6.2.3.2 FGPA
6.2.3.3 ASIC
6.3 SOFTWARE
6.3.1 GROWING ADOPTION OF REMOTE PATIENT MONITORING TO BOOST MARKET GROWTH
TABLE 22 SOFTWARE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 23 SOFTWARE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.1.1 Custom software
6.3.1.2 Standalone software
6.4 SERVICES
6.4.1 INCREASING DEMAND FOR DATA-DRIVEN INSIGHTS IN ORGANIZATIONS TO FUEL SEGMENT
FIGURE 30 MANAGED SERVICES EXPECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD
TABLE 24 SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 25 SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2 PROFESSIONAL SERVICES
TABLE 26 PROFESSIONAL SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 27 PROFESSIONAL SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.3 MANAGED SERVICES
TABLE 28 MANAGED SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 29 MANAGED SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7 IMAGE RECOGNITION MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 31 FACIAL RECOGNITION SEGMENT TO DOMINATE DURING FORECAST PERIOD
7.1.1 TECHNOLOGY: IMAGE RECOGNITION MARKET DRIVERS
TABLE 30 IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 31 IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
7.2 QR/BARCODE RECOGNITION
7.2.1 INCREASING ADOPTION OF SMARTPHONES TO FUEL DEMAND
TABLE 32 QR/BARCODE RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 33 QR/BARCODE RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3 DIGITAL IMAGE PROCESSING
7.3.1 RISING ADVANCEMENTS IN COMPUTATIONAL CAPABILITIES TO BOOST DEMAND
TABLE 34 DIGITAL IMAGE PROCESSING: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 35 DIGITAL IMAGE PROCESSING: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4 FACIAL RECOGNITION
7.4.1 INCREASING INVESTMENTS BY GOVERNMENT AND DEFENSE SECTORS
TABLE 36 FACIAL RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 37 FACIAL RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.5 OBJECT RECOGNITION
7.5.1 GROWING INTEGRATION OF AI IN OBJECTION RECOGNITION TO FUEL SEGMENT
TABLE 38 OBJECT RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 39 OBJECT RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.6 PATTERN RECOGNITION
7.6.1 GROWING TREND OF FITNESS MONITORING TO DRIVE DEMAND
TABLE 40 PATTERN RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 41 PATTERN RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.7 OPTICAL CHARACTER RECOGNITION
7.7.1 GROWING DIGITALIZATION IN BUSINESSES TO DRIVE DEMAND
TABLE 42 OPTICAL CHARACTER RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 43 OPTICAL CHARACTER RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.8 OTHER TECHNOLOGIES
7.8.1 GROWING DIGITALIZATION IN HEALTHCARE SECTOR TO DRIVE DEMAND
TABLE 44 OTHER TECHNOLOGIES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 45 OTHER TECHNOLOGIES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
8 IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE
8.1 INTRODUCTION
FIGURE 32 SMES SEGMENT TO GROW FASTER DURING FORECAST PERIOD
8.1.1 ORGANIZATION SIZE: IMAGE RECOGNITION MARKET DRIVERS
TABLE 46 IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 47 IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
8.2 LARGE ENTERPRISES
8.2.1 GROWING NEED FOR TASK OPTIMIZATION BOOSTS DEMAND
TABLE 48 LARGE ENTERPRISES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 49 LARGE ENTERPRISES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 SMES
8.3.1 FOCUS ON IMPROVING INVENTORY MANAGEMENT TO FUEL SEGMENT
TABLE 50 SMES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 51 SMES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9 IMAGE RECOGNITION MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 33 SECURITY & SURVEILLANCE SEGMENT TO DOMINATE DURING FORECAST PERIOD
9.1.1 APPLICATIONS: IMAGE RECOGNITION MARKET DRIVERS
TABLE 52 IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 53 IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
9.2 SCANNING & IMAGING
9.2.1 NEED TO AUTOMATE WORKFLOW MANAGEMENT IN BUSINESSES TO BOOST SEGMENT
TABLE 54 SCANNING & IMAGING: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 55 SCANNING & IMAGING: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 SECURITY & SURVEILLANCE
9.3.1 TECHNOLOGICAL ADVANCEMENT IN SECURITY SOLUTIONS TO BOOST MARKET
TABLE 56 SECURITY & SURVEILLANCE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 57 SECURITY & SURVEILLANCE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.4 IMAGE SEARCH
9.4.1 IMPLEMENTATION OF AI IN IMAGE SEARCH TO DRIVE SEGMENT
TABLE 58 IMAGE SEARCH: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 59 IMAGE SEARCH: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5 AUGMENTED REALITY
9.5.1 IMPLEMENTATION OF AI-ENABLED IMAGE RECOGNITION IN EDUCATION TO BOOST SEGMENT
TABLE 60 AUGMENTED REALITY: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 61 AUGMENTED REALITY: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.6 MARKETING & ADVERTISING
9.6.1 ENHANCEMENT OF IN-STORE ENGAGEMENT AND PERSONALIZATION TO FUEL SEGMENT
TABLE 62 MARKETING & ADVERTISING: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 63 MARKETING & ADVERTISING: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.7 OTHER APPLICATIONS
9.7.1 GROWING IMPLEMENTATION OF IMAGE RECOGNITION ACROSS VERTICALS
TABLE 64 OTHER APPLICATIONS: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 65 OTHER APPLICATIONS: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10 IMAGE RECOGNITION MARKET, BY VERTICAL
10.1 INTRODUCTION
FIGURE 34 BFSI VERTICAL TO ACCOUNT FOR LARGEST MARKET SIZE IN 2024 AND 2029
10.1.1 VERTICAL: IMAGE RECOGNITION MARKET DRIVERS
TABLE 66 IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 67 IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2 BFSI
10.2.1 ABILITY TO REDUCE MANUAL ERRORS AND IMPROVE OPERATIONAL EFFICIENCY TO DRIVE GROWTH
TABLE 68 BFSI: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 69 BFSI: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.2.2 BFSI: APPLICATION AREAS
10.2.2.1 Risk management
10.2.2.2 Visual search
10.2.2.3 Fraud detection and prevention
10.3 RETAIL & E-COMMERCE
10.3.1 USE IN INVENTORY MANAGEMENT AND MERCHANDISING TO DRIVE GROWTH
TABLE 70 RETAIL & E-COMMERCE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 71 RETAIL & E-COMMERCE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3.2 RETAIL & E-COMMERCE: APPLICATION AREAS
10.3.2.1 Product Recognition
10.3.2.2 Visual Search
10.3.2.3 Image-based Recommendations
10.4 MEDIA & ENTERTAINMENT
10.4.1 USED TO ENABLE CONTENT MODERATION AND COPYRIGHT ENFORCEMENT
TABLE 72 MEDIA & ENTERTAINMENT: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 73 MEDIA & ENTERTAINMENT: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.4.2 MEDIA & ENTERTAINMENT: APPLICATION AREAS
10.4.2.1 Visual Search and Discovery
10.4.2.2 Personalized Content Recommendations
10.5 HEALTHCARE
10.5.1 NEED TO AUTOMATE ADMINISTRATIVE TASKS AND DOCUMENTATION TO DRIVE SEGMENT
TABLE 74 HEALTHCARE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 75 HEALTHCARE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5.2 HEALTHCARE: APPLICATION AREAS
10.5.2.1 Medical Imaging Analysis
10.5.2.2 Pathology Slide Analysis
10.5.2.3 Telemedicine and Remote Patient Monitoring
10.6 GOVERNMENT
10.6.1 USE IN INFORMATION EXTRACTION FROM IDENTITY DOCUMENTS TO DRIVE MARKET
TABLE 76 GOVERNMENT: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 77 GOVERNMENT: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6.2 GOVERNMENT: APPLICATION AREAS
10.6.2.1 Surveillance and Security
10.6.2.2 Identity Verification and Document Processing
10.6.2.3 Urban Planning and Infrastructure Development
10.7 TRANSPORT & LOGISTICS
10.7.1 USE FOR ACCURATE TRACKING AND TRACING OF SHIPMENTS TO DRIVE GROWTH
TABLE 78 TRANSPORT & LOGISTICS: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 79 TRANSPORT & LOGISTICS: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7.2 TRANSPORT & LOGISTICS: APPLICATION AREAS
10.7.2.1 Passenger Experience Enhancement
10.7.2.2 Cargo and Freight Logistics
10.8 AUTOMOTIVE
10.8.1 USE IN IDENTIFICATION OF POTENTIAL ON-ROAD HAZARDS TO DRIVE GROWTH
TABLE 80 AUTOMOTIVE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 81 AUTOMOTIVE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.8.2 AUTOMOTIVE: APPLICATION AREAS
10.8.2.1 Parking Assistance Systems
10.8.2.2 Advanced Driver Assistance Systems (ADAS)
10.8.2.3 Traffic Sign Recognition (TSR)
10.9 IT & TELECOMMUNICATIONS
10.9.1 USE IN OPTIMIZING NETWORK PERFORMANCE AND ENHANCING SERVICE QUALITY TO BOOST SEGMENT
TABLE 82 IT & TELECOMMUNICATIONS: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 83 IT & TELECOMMUNICATIONS: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.9.2 IT & TELECOMMUNICATIONS: APPLICATION AREAS
10.9.2.1 Internet Services
10.9.2.2 Enterprise IT Solutions
10.9.2.3 Unified Communication
10.10 MANUFACTURING
10.10.1 USE TO OPTIMIZE PRODUCTION AND SUPPLY CHAIN MANAGEMENT TO DRIVE MARKET
TABLE 84 MANUFACTURING: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 85 MANUFACTURING: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.10.2 MANUFACTURING: APPLICATION AREAS
10.10.2.1 Defect Detection and Quality Control
10.10.2.2 Equipment Monitoring and Predictive Maintenance
10.10.2.3 Barcode and QR Code Reading
10.11 OTHER VERTICALS
TABLE 86 OTHER VERTICALS: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 87 OTHER VERTICALS: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
11 IMAGE RECOGNITION MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 35 NORTH AMERICA TO HOLD LARGEST SHARE IN IMAGE RECOGNITION MARKET
TABLE 88 IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 89 IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: IMAGE RECOGNITION MARKET DRIVERS
11.2.2 NORTH AMERICA: RECESSION IMPACT
FIGURE 36 NORTH AMERICA: MARKET SNAPSHOT
TABLE 90 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 91 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 92 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 93 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 94 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 95 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 96 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 97 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 98 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 99 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 100 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 101 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 102 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 103 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.2.3 US
11.2.3.1 Growing adoption of advanced technologies across industries
TABLE 104 US: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 105 US: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 106 US: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 107 US: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 108 US: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 109 US: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.2.4 CANADA
11.2.4.1 Government support for technological innovation
TABLE 110 CANADA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 111 CANADA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 112 CANADA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 113 CANADA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 114 CANADA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 115 CANADA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3 EUROPE
11.3.1 EUROPE: IMAGE RECOGNITION MARKET DRIVERS
11.3.2 EUROPE: RECESSION IMPACT
TABLE 116 EUROPE: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 117 EUROPE: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 118 EUROPE: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 119 EUROPE: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 120 EUROPE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 121 EUROPE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 122 EUROPE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 123 EUROPE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 124 EUROPE: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 125 EUROPE: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 126 EUROPE: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 127 EUROPE: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 128 EUROPE: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 129 EUROPE: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.3.3 UK
11.3.3.1 Growing support for AI adoption to fuel market
TABLE 130 UK: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 131 UK: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 132 UK: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 133 UK: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 134 UK: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 135 UK: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3.4 GERMANY
11.3.4.1 Growth in manufacturing sector to boost market
TABLE 136 GERMANY: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 137 GERMANY: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 138 GERMANY: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 139 GERMANY: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 140 GERMANY: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 141 GERMANY: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3.5 FRANCE
11.3.5.1 Growing adoption in retail sector
TABLE 142 FRANCE: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 143 FRANCE: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 144 FRANCE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 145 FRANCE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 146 FRANCE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 147 FRANCE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3.6 ITALY
11.3.6.1 Growing adoption in manufacturing industry
TABLE 148 ITALY: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 149 ITALY: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 150 ITALY: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 151 ITALY: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 152 ITALY: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 153 ITALY: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3.7 REST OF EUROPE
TABLE 154 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 155 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 156 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 157 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 158 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 159 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: IMAGE RECOGNITION MARKET DRIVERS
11.4.2 ASIA PACIFIC: RECESSION IMPACT
FIGURE 37 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 160 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 161 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 162 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 163 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 164 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 165 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 166 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 167 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 168 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 169 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 170 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 171 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 172 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 173 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.4.3 CHINA
11.4.3.1 Growing investments in AI across industries to drive market
TABLE 174 CHINA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 175 CHINA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 176 CHINA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 177 CHINA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 178 CHINA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 179 CHINA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.4 JAPAN
11.4.4.1 Well-developed technological and economic landscape to boost market
TABLE 180 JAPAN: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 181 JAPAN: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 182 JAPAN: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 183 JAPAN: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 184 JAPAN: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 185 JAPAN: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.5 INDIA
11.4.5.1 Rise in technological innovation to fuel market growth
TABLE 186 INDIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 187 INDIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 188 INDIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 189 INDIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 190 INDIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 191 INDIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.6 AUSTRALIA
11.4.6.1 Growing adoption of image recognition software across industries
TABLE 192 AUSTRALIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 193 AUSTRALIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 194 AUSTRALIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 195 AUSTRALIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 196 AUSTRALIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 197 AUSTRALIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.7 SOUTH KOREA
11.4.7.1 Presence of advanced infrastructure to boost market
TABLE 198 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 199 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 200 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 201 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 202 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 203 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.8 MALAYSIA
11.4.8.1 Growing government support for AI innovation to drive growth
TABLE 204 MALAYSIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 205 MALAYSIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 206 MALAYSIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 207 MALAYSIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 208 MALAYSIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 209 MALAYSIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.9 REST OF ASIA PACIFIC
TABLE 210 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 211 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 212 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 213 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 214 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 215 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.5 MIDDLE EAST & AFRICA
11.5.1 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET DRIVERS
11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 216 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 217 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 218 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 219 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 220 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 221 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 222 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 223 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 224 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 225 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 226 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 227 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 228 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 229 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.5.3 GULF COOPERATION COUNCIL (GCC)
TABLE 230 GCC: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 231 GCC: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 232 GCC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 233 GCC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 234 GCC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 235 GCC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.5.3.1 UAE
11.5.3.1.1 Need for technological advancements
11.5.3.2 Saudi Arabia
11.5.3.2.1 Growing investments in AI
11.5.3.3 Other GCC Countries
11.5.4 SOUTH AFRICA
11.5.4.1 Need to control traffic and crime rate to drive market
TABLE 236 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 237 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 238 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 239 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 240 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 241 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.5.5 REST OF MIDDLE EAST & AFRICA
TABLE 242 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 243 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 244 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 245 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 246 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 247 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.6 LATIN AMERICA
11.6.1 LATIN AMERICA: IMAGE RECOGNITION MARKET DRIVERS
11.6.2 LATIN AMERICA: RECESSION IMPACT
TABLE 248 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 249 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 250 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 251 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 252 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 253 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 254 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 255 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 256 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 257 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 258 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 259 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 260 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 261 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.6.3 BRAZIL
11.6.3.1 Advancements in AI and digitalization to drive market growth
TABLE 262 BRAZIL: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 263 BRAZIL: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 264 BRAZIL: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 265 BRAZIL: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 266 BRAZIL: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 267 BRAZIL: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.6.4 MEXICO
11.6.4.1 Growing focus on digitalization and cloud computing
TABLE 268 MEXICO: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 269 MEXICO: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 270 MEXICO: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 271 MEXICO: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 272 MEXICO: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 273 MEXICO: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.6.5 ARGENTINA
11.6.5.1 Increasing adoption of image recognition technology across sectors
TABLE 274 ARGENTINA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 275 ARGENTINA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 276 ARGENTINA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 277 ARGENTINA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 278 ARGENTINA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 279 ARGENTINA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.6.6 REST OF LATIN AMERICA
TABLE 280 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 281 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 282 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 283 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 284 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 285 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 286 OVERVIEW OF STRATEGIES BY KEY IMAGE RECOGNITION SOFTWARE VENDORS
12.3 MARKET SHARE ANALYSIS
TABLE 287 MARKET SHARE OF KEY VENDORS IN 2023
FIGURE 38 IMAGE RECOGNITION MARKET SHARE ANALYSIS
12.4 BRAND/PRODUCT COMPARISON
FIGURE 39 BRAND COMPARISON/VENDOR PRODUCT LANDSCAPE
12.5 REVENUE ANALYSIS
FIGURE 40 HISTORICAL REVENUE ANALYSIS, 2019–2023 (USD MILLION)
12.6 COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023
FIGURE 41 COMPANY EVALUATION, KEY PLAYERS, 2023
FIGURE 42 COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
FIGURE 43 IMAGE RECOGNITION MARKET: COMPANY FOOTPRINT
12.6.5.1 Region footprint
TABLE 288 IMAGE RECOGNITION MARKET: COMPANY REGION FOOTPRINT
12.6.5.2 Company offering footprint
TABLE 289 IMAGE RECOGNITION MARKET: COMPANY OFFERING FOOTPRINT
12.6.5.3 Company vertical footprint
TABLE 290 IMAGE RECOGNITION MARKET: COMPANY VERTICAL FOOTPRINT
12.6.5.4 Company technology footprint
TABLE 291 IMAGE RECOGNITION MARKET: COMPANY TECHNOLOGY FOOTPRINT
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
FIGURE 44 IMAGE RECOGNITION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
12.7.5.1 Key startups/SMEs, 2023
TABLE 292 IMAGE RECOGNITION MARKET: KEY STARTUPS/SMES
12.7.5.2 Competitive benchmarking of Key startups/SMEs
TABLE 293 IMAGE RECOGNITION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.8 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 45 COMPANY VALUATION AND FINANCIAL METRICS
12.9 COMPETITIVE SCENARIO & TRENDS
12.9.1 PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 294 IMAGE RECOGNITION MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, JANUARY 2021–MARCH 2024
12.9.2 DEALS
TABLE 295 IMAGE RECOGNITION MARKET: DEALS, JANUARY 2021–MARCH 2024
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
13.2.1 GOOGLE
TABLE 296 GOOGLE: BUSINESS OVERVIEW
FIGURE 46 GOOGLE: COMPANY SNAPSHOT
TABLE 297 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 298 GOOGLE: DEALS
13.2.2 QUALCOMM
TABLE 299 QUALCOMM: BUSINESS OVERVIEW
FIGURE 47 QUALCOMM: COMPANY SNAPSHOT
TABLE 300 QUALCOMM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 301 QUALCOMM: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 302 QUALCOMM: DEALS
13.2.3 AWS
TABLE 303 AWS: BUSINESS OVERVIEW
FIGURE 48 AWS: COMPANY SNAPSHOT
TABLE 304 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 305 AWS: DEALS
13.2.4 MICROSOFT
TABLE 306 MICROSOFT: BUSINESS OVERVIEW
FIGURE 49 MICROSOFT: COMPANY SNAPSHOT
TABLE 307 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 308 MICROSOFT: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 309 MICROSOFT: DEALS
13.2.5 TOSHIBA
TABLE 310 TOSHIBA: BUSINESS OVERVIEW
FIGURE 50 TOSHIBA: COMPANY SNAPSHOT
TABLE 311 TOSHIBA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.6 NVIDIA
TABLE 312 NVIDIA: BUSINESS OVERVIEW
FIGURE 51 NVIDIA: COMPANY SNAPSHOT
TABLE 313 NVIDIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 314 NVIDIA: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 315 NVIDIA: DEALS
13.2.7 ORACLE
TABLE 316 ORACLE: BUSINESS OVERVIEW
FIGURE 52 ORACLE: COMPANY SNAPSHOT
TABLE 317 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 318 ORACLE: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 319 ORACLE: DEALS
13.2.8 NEC CORPORATION
TABLE 320 NEC CORPORATION: BUSINESS OVERVIEW
FIGURE 53 NEC CORPORATION: COMPANY SNAPSHOT
TABLE 321 NEC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 322 NEC CORPORATION: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 323 NEC CORPORATION: DEALS
13.2.9 HUAWEI
TABLE 324 HUAWEI: BUSINESS OVERVIEW
FIGURE 54 HUAWEI: COMPANY SNAPSHOT
TABLE 325 HUAWEI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 326 HUAWEI: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 327 HUAWEI: DEALS
13.2.10 HITACHI
TABLE 328 HITACHI: BUSINESS OVERVIEW
FIGURE 55 HITACHI: COMPANY SNAPSHOT
TABLE 329 HITACHI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 330 HITACHI: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 331 HITACHI: DEALS
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS
13.3.1 TRAX
13.3.2 STMICROELECTRONICS
13.3.3 ON SEMICONDUCTOR CORPORATION
13.3.4 SNAP2INSIGHT
13.3.5 ATTRASOFT
13.3.6 STERISON
13.3.7 UNICSOFT
13.3.8 PARALLELDOTS
13.3.9 VUE.AI
13.3.10 CATCHOOM
13.3.11 WIKITUDE
13.3.12 XIMILAR
13.3.13 IMAGGA TECHNOLOGIES
13.3.14 BLIPPAR
13.3.15 CLARIFAI
13.3.16 LTU TECHNOLOGIES
13.3.17 DEEPSIGNALS
14 ADJACENT/RELATED MARKETS
14.1 INTRODUCTION
14.1.1 RELATED MARKETS
14.1.2 LIMITATIONS
14.2 FACIAL RECOGNITION MARKET
TABLE 332 SOFTWARE: FACIAL RECOGNITION MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 333 SOFTWARE: FACIAL RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 334 COMPONENT: FACIAL RECOGNITION MARKET, BY SOFTWARE TOOL, 2014–2019 (USD MILLION)
TABLE 335 COMPONENT: FACIAL RECOGNITION MARKET, BY SOFTWARE TOOL, 2019–2025 (USD MILLION)
TABLE 336 SOFTWARE TOOLS: FACIAL RECOGNITION MARKET, BY REGION, 2014–2019 (USD MILLION)
TABLE 337 SOFTWARE TOOLS: FACIAL RECOGNITION MARKET, BY REGION, 2019–2025 (USD MILLION)
14.3 EMOTION DETECTION AND RECOGNITION MARKET
TABLE 338 EMOTION DETECTION AND RECOGNITION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 339 EMOTION DETECTION AND RECOGNITION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 340 SOFTWARE: EMOTION DETECTION AND RECOGNITION MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 341 SOFTWARE: EMOTION DETECTION AND RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION)
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONS COVERED
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
TABLE 1 USD EXCHANGE RATES, 2018–2024
1.6 STAKEHOLDERS
1.7 SUMMARY OF CHANGES
1.7.1 RECESSION IMPACT
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
FIGURE 1 IMAGE RECOGNITION MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of Primary Profiles
FIGURE 2 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
TABLE 2 KEY PRIMARY RESPONDENTS
2.1.2.2 Key Industry Insights
2.2 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
FIGURE 3 IMAGE RECOGNITION MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY – APPROACH 1 (SUPPLY SIDE): VENDOR REVENUE FROM HARDWARE, SOFTWARE, AND SERVICES
FIGURE 5 APPROACH 2: BOTTOM-UP (DEMAND-SIDE): IMAGE RECOGNITION
2.4 MARKET FORECAST
TABLE 3 FACTOR ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 LIMITATIONS
3 EXECUTIVE SUMMARY
TABLE 4 IMAGE RECOGNITION MARKET SIZE AND GROWTH, 2019–2023 (USD MILLION, Y-O-Y %)
TABLE 5 IMAGE RECOGNITION MARKET SIZE AND GROWTH, 2024–2029 (USD MILLION, Y-O-Y %)
FIGURE 6 IMAGE RECOGNITION MARKET TO WITNESS SIGNIFICANT GROWTH
3.1 OVERVIEW OF RECESSION IMPACT
FIGURE 7 NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
FIGURE 8 FASTEST-GROWING SEGMENTS OF IMAGE RECOGNITION MARKET
4 PREMIUM INSIGHTS
4.1 OVERVIEW OF IMAGE RECOGNITION MARKET
FIGURE 9 IDENTIFICATION OF COMPLEX PATTERNS AND FEATURES WITHIN IMAGES FOR ENHANCED DECISION-MAKING PRESENT OPPORTUNITIES
4.2 IMAGE RECOGNITION MARKET, BY OFFERING, 2024 VS. 2029
FIGURE 10 SOFTWARE SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE DURING FORECAST PERIOD
4.3 IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024 VS. 2029
FIGURE 11 QR/BARCODE RECOGNITION TO DOMINATE IN 2024
4.4 IMAGE RECOGNITION MARKET, BY APPLICATION, 2024 VS. 2029
FIGURE 12 SECURITY & SURVEILLANCE SEGMENT TO COMMAND LARGEST MARKET SHARE IN 2024
4.5 IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024 VS. 2029
FIGURE 13 LARGE ENTERPRISES SEGMENT TO HOLD MAJOR MARKET SHARE DURING FORECAST PERIOD
4.6 IMAGE RECOGNITION MARKET, BY VERTICAL, 2024 VS. 2029
FIGURE 14 BFSI SEGMENT TO HOLD DOMINANT POSITION IN 2024
4.7 IMAGE RECOGNITION MARKET: REGIONAL SCENARIO, 2024–2029
FIGURE 15 ASIA PACIFIC TO EMERGE AS MOST LUCRATIVE MARKET FOR INVESTMENT IN NEXT FIVE YEARS
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 16 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: IMAGE RECOGNITION MARKET
5.2.1 DRIVERS
5.2.1.1 Increasing need for image recognition in automotive industry
5.2.1.2 Rising demand for security applications
5.2.1.3 Increasing use of high-bandwidth data services
5.2.1.4 Technological advancements among CPG and retail companies
5.2.2 RESTRAINTS
5.2.2.1 High development cost of image recognition
5.2.2.2 Data privacy and regulatory concerns
5.2.3 OPPORTUNITIES
5.2.3.1 Integration of AI capabilities with image recognition solutions
5.2.3.2 Increase in demand for big data analytics
5.2.4 CHALLENGES
5.2.4.1 Training models to adapt to real-world settings
5.2.4.2 Limited dataset quality
5.3 CASE STUDY ANALYSIS
5.3.1 CASE STUDY 1: MICROSOFT'S VISION RECOGNITION SOLUTION REDUCES INJURIES FOR ATHLETES IN US
5.3.2 CASE STUDY 2: AWD ENABLES AU BANK TO USE VIDEO BANKING SERVICES 7 DAYS A WEEK
5.3.3 CASE STUDY 3: GOOGLE'S CLOUD VISION AUTOMATES IMAGE CLASSIFICATION AND LABELING FOR BOX
5.4 SUPPLY CHAIN
FIGURE 17 IMAGE RECOGNITION MARKET: SUPPLY CHAIN
5.5 ECOSYSTEM
FIGURE 18 IMAGE RECOGNITION MARKET: ECOSYSTEM
TABLE 6 IMAGE RECOGNITION MARKET: ECOSYSTEM
5.6 TRADE ANALYSIS
TABLE 7 IMPORT DATA (HS CODE 8443), BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 19 IMPORT DATA (HS CODE 8443), BY COUNTRY, 2018–2022 (USD MILLION)
TABLE 8 EXPORT DATA (HS CODE 8443), BY COUNTRY, 2018–2022 (USD MILLION)
FIGURE 20 EXPORT DATA (HS CODE 8443), BY COUNTRY, 2018–2022 (USD MILLION)
5.7 PORTER'S FIVE FORCES ANALYSIS
FIGURE 21 IMAGE RECOGNITION MARKET: PORTER'S FIVE FORCES ANALYSIS
5.7.1 THREAT OF NEW ENTRANTS
5.7.2 THREAT OF SUBSTITUTES
5.7.3 BARGAINING POWER OF SUPPLIERS
5.7.4 BARGAINING POWER OF BUYERS
5.7.5 INTENSITY OF COMPETITION RIVALRY
5.8 PRICING ANALYSIS
5.8.1 AVERAGE SELLING PRICE (ASP) TREND OF KEY PLAYERS, BY OFFERING
5.8.2 INDICATIVE PRICING ANALYSIS, BY SOLUTION
TABLE 9 INDICATIVE PRICING ANALYSIS, BY SOLUTION
5.9 KEY TECHNOLOGIES
5.9.1 CONVOLUTIONAL NEURAL NETWORKS (CNN)
5.9.2 GENERATIVE ADVERSARIAL NETWORKS (GANS)
5.9.3 AUTOML
5.10 COMPLEMENTARY TECHNOLOGIES
5.10.1 SENSORS
5.10.2 RPA
5.10.3 CLOUD COMPUTING
5.11 ADJACENT TECHNOLOGIES
5.11.1 AI & ML
5.11.2 INTERNET OF THINGS
5.11.3 NLP
5.11.4 COMPUTER VISION
5.12 PATENT ANALYSIS
FIGURE 22 NUMBER OF PATENTS PUBLISHED, 2013–2023
FIGURE 23 TOP 5 PATENT OWNERS (GLOBAL)
TABLE 10 TOP 10 PATENT APPLICANTS (US)
5.13 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 24 IMAGE RECOGNITION MARKET: TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.14 REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 14 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.2 REGULATIONS, BY REGION
5.14.2.1 North America
5.14.2.2 Europe
5.14.2.3 Asia Pacific
5.14.2.4 Middle East & Africa
5.14.2.5 Latin America
5.15 KEY STAKEHOLDERS & BUYING CRITERIA
5.15.1 CRITICAL STAKEHOLDERS IN BUYING PROCESS
FIGURE 25 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR END USERS
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS (%)
5.15.2 BUYING CRITERIA
FIGURE 26 KEY BUYING CRITERIA FOR TOP END USERS
TABLE 16 KEY BUYING CRITERIA FOR TOP END USERS
5.16 KEY CONFERENCES AND EVENTS, 2024–2025
TABLE 17 IMAGE RECOGNITION MARKET: KEY CONFERENCES AND EVENTS IN 2024–2025
5.17 IMAGE RECOGNITION MARKET: BUSINESS MODEL ANALYSIS
FIGURE 27 IMAGE RECOGNITION MARKET: BUSINESS MODELS
5.17.1 PRODUCT SALES MODEL
5.17.2 SUBSCRIPTION-BASED MODEL
5.18 INVESTMENT AND FUNDING SCENARIO
FIGURE 28 INVESTMENT AND FUNDING SCENARIO OF MAJOR IMAGE RECOGNITION COMPANIES
6 IMAGE RECOGNITION MARKET, BY OFFERING
6.1 INTRODUCTION
6.1.1 OFFERINGS: IMAGE RECOGNITION MARKET DRIVERS
FIGURE 29 SOFTWARE SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 18 IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 19 IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
6.2 HARDWARE
6.2.1 INCREASING ADOPTION FOR USE IN PRODUCT RECOGNITION TO DRIVE MARKET GROWTH
TABLE 20 HARDWARE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 21 HARDWARE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.2.2 SENSORS
6.2.3 ACCELERATORS
6.2.3.1 GPU
6.2.3.2 FGPA
6.2.3.3 ASIC
6.3 SOFTWARE
6.3.1 GROWING ADOPTION OF REMOTE PATIENT MONITORING TO BOOST MARKET GROWTH
TABLE 22 SOFTWARE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 23 SOFTWARE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.3.1.1 Custom software
6.3.1.2 Standalone software
6.4 SERVICES
6.4.1 INCREASING DEMAND FOR DATA-DRIVEN INSIGHTS IN ORGANIZATIONS TO FUEL SEGMENT
FIGURE 30 MANAGED SERVICES EXPECTED TO GROW AT HIGHER RATE DURING FORECAST PERIOD
TABLE 24 SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 25 SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.2 PROFESSIONAL SERVICES
TABLE 26 PROFESSIONAL SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 27 PROFESSIONAL SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
6.4.3 MANAGED SERVICES
TABLE 28 MANAGED SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 29 MANAGED SERVICES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7 IMAGE RECOGNITION MARKET, BY TECHNOLOGY
7.1 INTRODUCTION
FIGURE 31 FACIAL RECOGNITION SEGMENT TO DOMINATE DURING FORECAST PERIOD
7.1.1 TECHNOLOGY: IMAGE RECOGNITION MARKET DRIVERS
TABLE 30 IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 31 IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
7.2 QR/BARCODE RECOGNITION
7.2.1 INCREASING ADOPTION OF SMARTPHONES TO FUEL DEMAND
TABLE 32 QR/BARCODE RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 33 QR/BARCODE RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.3 DIGITAL IMAGE PROCESSING
7.3.1 RISING ADVANCEMENTS IN COMPUTATIONAL CAPABILITIES TO BOOST DEMAND
TABLE 34 DIGITAL IMAGE PROCESSING: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 35 DIGITAL IMAGE PROCESSING: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.4 FACIAL RECOGNITION
7.4.1 INCREASING INVESTMENTS BY GOVERNMENT AND DEFENSE SECTORS
TABLE 36 FACIAL RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 37 FACIAL RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.5 OBJECT RECOGNITION
7.5.1 GROWING INTEGRATION OF AI IN OBJECTION RECOGNITION TO FUEL SEGMENT
TABLE 38 OBJECT RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 39 OBJECT RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.6 PATTERN RECOGNITION
7.6.1 GROWING TREND OF FITNESS MONITORING TO DRIVE DEMAND
TABLE 40 PATTERN RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 41 PATTERN RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.7 OPTICAL CHARACTER RECOGNITION
7.7.1 GROWING DIGITALIZATION IN BUSINESSES TO DRIVE DEMAND
TABLE 42 OPTICAL CHARACTER RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 43 OPTICAL CHARACTER RECOGNITION: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
7.8 OTHER TECHNOLOGIES
7.8.1 GROWING DIGITALIZATION IN HEALTHCARE SECTOR TO DRIVE DEMAND
TABLE 44 OTHER TECHNOLOGIES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 45 OTHER TECHNOLOGIES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
8 IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE
8.1 INTRODUCTION
FIGURE 32 SMES SEGMENT TO GROW FASTER DURING FORECAST PERIOD
8.1.1 ORGANIZATION SIZE: IMAGE RECOGNITION MARKET DRIVERS
TABLE 46 IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 47 IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
8.2 LARGE ENTERPRISES
8.2.1 GROWING NEED FOR TASK OPTIMIZATION BOOSTS DEMAND
TABLE 48 LARGE ENTERPRISES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 49 LARGE ENTERPRISES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
8.3 SMES
8.3.1 FOCUS ON IMPROVING INVENTORY MANAGEMENT TO FUEL SEGMENT
TABLE 50 SMES: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 51 SMES: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9 IMAGE RECOGNITION MARKET, BY APPLICATION
9.1 INTRODUCTION
FIGURE 33 SECURITY & SURVEILLANCE SEGMENT TO DOMINATE DURING FORECAST PERIOD
9.1.1 APPLICATIONS: IMAGE RECOGNITION MARKET DRIVERS
TABLE 52 IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 53 IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
9.2 SCANNING & IMAGING
9.2.1 NEED TO AUTOMATE WORKFLOW MANAGEMENT IN BUSINESSES TO BOOST SEGMENT
TABLE 54 SCANNING & IMAGING: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 55 SCANNING & IMAGING: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.3 SECURITY & SURVEILLANCE
9.3.1 TECHNOLOGICAL ADVANCEMENT IN SECURITY SOLUTIONS TO BOOST MARKET
TABLE 56 SECURITY & SURVEILLANCE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 57 SECURITY & SURVEILLANCE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.4 IMAGE SEARCH
9.4.1 IMPLEMENTATION OF AI IN IMAGE SEARCH TO DRIVE SEGMENT
TABLE 58 IMAGE SEARCH: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 59 IMAGE SEARCH: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.5 AUGMENTED REALITY
9.5.1 IMPLEMENTATION OF AI-ENABLED IMAGE RECOGNITION IN EDUCATION TO BOOST SEGMENT
TABLE 60 AUGMENTED REALITY: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 61 AUGMENTED REALITY: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.6 MARKETING & ADVERTISING
9.6.1 ENHANCEMENT OF IN-STORE ENGAGEMENT AND PERSONALIZATION TO FUEL SEGMENT
TABLE 62 MARKETING & ADVERTISING: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 63 MARKETING & ADVERTISING: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
9.7 OTHER APPLICATIONS
9.7.1 GROWING IMPLEMENTATION OF IMAGE RECOGNITION ACROSS VERTICALS
TABLE 64 OTHER APPLICATIONS: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 65 OTHER APPLICATIONS: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10 IMAGE RECOGNITION MARKET, BY VERTICAL
10.1 INTRODUCTION
FIGURE 34 BFSI VERTICAL TO ACCOUNT FOR LARGEST MARKET SIZE IN 2024 AND 2029
10.1.1 VERTICAL: IMAGE RECOGNITION MARKET DRIVERS
TABLE 66 IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 67 IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
10.2 BFSI
10.2.1 ABILITY TO REDUCE MANUAL ERRORS AND IMPROVE OPERATIONAL EFFICIENCY TO DRIVE GROWTH
TABLE 68 BFSI: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 69 BFSI: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.2.2 BFSI: APPLICATION AREAS
10.2.2.1 Risk management
10.2.2.2 Visual search
10.2.2.3 Fraud detection and prevention
10.3 RETAIL & E-COMMERCE
10.3.1 USE IN INVENTORY MANAGEMENT AND MERCHANDISING TO DRIVE GROWTH
TABLE 70 RETAIL & E-COMMERCE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 71 RETAIL & E-COMMERCE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.3.2 RETAIL & E-COMMERCE: APPLICATION AREAS
10.3.2.1 Product Recognition
10.3.2.2 Visual Search
10.3.2.3 Image-based Recommendations
10.4 MEDIA & ENTERTAINMENT
10.4.1 USED TO ENABLE CONTENT MODERATION AND COPYRIGHT ENFORCEMENT
TABLE 72 MEDIA & ENTERTAINMENT: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 73 MEDIA & ENTERTAINMENT: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.4.2 MEDIA & ENTERTAINMENT: APPLICATION AREAS
10.4.2.1 Visual Search and Discovery
10.4.2.2 Personalized Content Recommendations
10.5 HEALTHCARE
10.5.1 NEED TO AUTOMATE ADMINISTRATIVE TASKS AND DOCUMENTATION TO DRIVE SEGMENT
TABLE 74 HEALTHCARE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 75 HEALTHCARE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.5.2 HEALTHCARE: APPLICATION AREAS
10.5.2.1 Medical Imaging Analysis
10.5.2.2 Pathology Slide Analysis
10.5.2.3 Telemedicine and Remote Patient Monitoring
10.6 GOVERNMENT
10.6.1 USE IN INFORMATION EXTRACTION FROM IDENTITY DOCUMENTS TO DRIVE MARKET
TABLE 76 GOVERNMENT: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 77 GOVERNMENT: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.6.2 GOVERNMENT: APPLICATION AREAS
10.6.2.1 Surveillance and Security
10.6.2.2 Identity Verification and Document Processing
10.6.2.3 Urban Planning and Infrastructure Development
10.7 TRANSPORT & LOGISTICS
10.7.1 USE FOR ACCURATE TRACKING AND TRACING OF SHIPMENTS TO DRIVE GROWTH
TABLE 78 TRANSPORT & LOGISTICS: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 79 TRANSPORT & LOGISTICS: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.7.2 TRANSPORT & LOGISTICS: APPLICATION AREAS
10.7.2.1 Passenger Experience Enhancement
10.7.2.2 Cargo and Freight Logistics
10.8 AUTOMOTIVE
10.8.1 USE IN IDENTIFICATION OF POTENTIAL ON-ROAD HAZARDS TO DRIVE GROWTH
TABLE 80 AUTOMOTIVE: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 81 AUTOMOTIVE: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.8.2 AUTOMOTIVE: APPLICATION AREAS
10.8.2.1 Parking Assistance Systems
10.8.2.2 Advanced Driver Assistance Systems (ADAS)
10.8.2.3 Traffic Sign Recognition (TSR)
10.9 IT & TELECOMMUNICATIONS
10.9.1 USE IN OPTIMIZING NETWORK PERFORMANCE AND ENHANCING SERVICE QUALITY TO BOOST SEGMENT
TABLE 82 IT & TELECOMMUNICATIONS: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 83 IT & TELECOMMUNICATIONS: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.9.2 IT & TELECOMMUNICATIONS: APPLICATION AREAS
10.9.2.1 Internet Services
10.9.2.2 Enterprise IT Solutions
10.9.2.3 Unified Communication
10.10 MANUFACTURING
10.10.1 USE TO OPTIMIZE PRODUCTION AND SUPPLY CHAIN MANAGEMENT TO DRIVE MARKET
TABLE 84 MANUFACTURING: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 85 MANUFACTURING: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
10.10.2 MANUFACTURING: APPLICATION AREAS
10.10.2.1 Defect Detection and Quality Control
10.10.2.2 Equipment Monitoring and Predictive Maintenance
10.10.2.3 Barcode and QR Code Reading
10.11 OTHER VERTICALS
TABLE 86 OTHER VERTICALS: IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 87 OTHER VERTICALS: IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
11 IMAGE RECOGNITION MARKET, BY REGION
11.1 INTRODUCTION
FIGURE 35 NORTH AMERICA TO HOLD LARGEST SHARE IN IMAGE RECOGNITION MARKET
TABLE 88 IMAGE RECOGNITION MARKET, BY REGION, 2019–2023 (USD MILLION)
TABLE 89 IMAGE RECOGNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: IMAGE RECOGNITION MARKET DRIVERS
11.2.2 NORTH AMERICA: RECESSION IMPACT
FIGURE 36 NORTH AMERICA: MARKET SNAPSHOT
TABLE 90 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 91 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 92 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 93 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 94 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 95 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 96 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 97 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 98 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 99 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 100 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 101 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 102 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 103 NORTH AMERICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.2.3 US
11.2.3.1 Growing adoption of advanced technologies across industries
TABLE 104 US: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 105 US: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 106 US: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 107 US: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 108 US: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 109 US: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.2.4 CANADA
11.2.4.1 Government support for technological innovation
TABLE 110 CANADA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 111 CANADA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 112 CANADA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 113 CANADA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 114 CANADA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 115 CANADA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3 EUROPE
11.3.1 EUROPE: IMAGE RECOGNITION MARKET DRIVERS
11.3.2 EUROPE: RECESSION IMPACT
TABLE 116 EUROPE: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 117 EUROPE: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 118 EUROPE: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 119 EUROPE: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 120 EUROPE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 121 EUROPE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 122 EUROPE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 123 EUROPE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 124 EUROPE: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 125 EUROPE: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 126 EUROPE: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 127 EUROPE: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 128 EUROPE: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 129 EUROPE: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.3.3 UK
11.3.3.1 Growing support for AI adoption to fuel market
TABLE 130 UK: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 131 UK: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 132 UK: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 133 UK: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 134 UK: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 135 UK: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3.4 GERMANY
11.3.4.1 Growth in manufacturing sector to boost market
TABLE 136 GERMANY: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 137 GERMANY: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 138 GERMANY: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 139 GERMANY: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 140 GERMANY: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 141 GERMANY: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3.5 FRANCE
11.3.5.1 Growing adoption in retail sector
TABLE 142 FRANCE: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 143 FRANCE: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 144 FRANCE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 145 FRANCE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 146 FRANCE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 147 FRANCE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3.6 ITALY
11.3.6.1 Growing adoption in manufacturing industry
TABLE 148 ITALY: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 149 ITALY: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 150 ITALY: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 151 ITALY: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 152 ITALY: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 153 ITALY: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.3.7 REST OF EUROPE
TABLE 154 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 155 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 156 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 157 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 158 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 159 REST OF EUROPE: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4 ASIA PACIFIC
11.4.1 ASIA PACIFIC: IMAGE RECOGNITION MARKET DRIVERS
11.4.2 ASIA PACIFIC: RECESSION IMPACT
FIGURE 37 ASIA PACIFIC: MARKET SNAPSHOT
TABLE 160 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 161 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 162 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 163 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 164 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 165 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 166 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 167 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 168 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 169 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 170 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 171 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 172 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 173 ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.4.3 CHINA
11.4.3.1 Growing investments in AI across industries to drive market
TABLE 174 CHINA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 175 CHINA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 176 CHINA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 177 CHINA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 178 CHINA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 179 CHINA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.4 JAPAN
11.4.4.1 Well-developed technological and economic landscape to boost market
TABLE 180 JAPAN: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 181 JAPAN: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 182 JAPAN: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 183 JAPAN: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 184 JAPAN: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 185 JAPAN: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.5 INDIA
11.4.5.1 Rise in technological innovation to fuel market growth
TABLE 186 INDIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 187 INDIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 188 INDIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 189 INDIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 190 INDIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 191 INDIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.6 AUSTRALIA
11.4.6.1 Growing adoption of image recognition software across industries
TABLE 192 AUSTRALIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 193 AUSTRALIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 194 AUSTRALIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 195 AUSTRALIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 196 AUSTRALIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 197 AUSTRALIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.7 SOUTH KOREA
11.4.7.1 Presence of advanced infrastructure to boost market
TABLE 198 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 199 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 200 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 201 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 202 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 203 SOUTH KOREA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.8 MALAYSIA
11.4.8.1 Growing government support for AI innovation to drive growth
TABLE 204 MALAYSIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 205 MALAYSIA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 206 MALAYSIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 207 MALAYSIA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 208 MALAYSIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 209 MALAYSIA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.4.9 REST OF ASIA PACIFIC
TABLE 210 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 211 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 212 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 213 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 214 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 215 REST OF ASIA PACIFIC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.5 MIDDLE EAST & AFRICA
11.5.1 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET DRIVERS
11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT
TABLE 216 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 217 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 218 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 219 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 220 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 221 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 222 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 223 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 224 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 225 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 226 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 227 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 228 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 229 MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.5.3 GULF COOPERATION COUNCIL (GCC)
TABLE 230 GCC: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 231 GCC: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 232 GCC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 233 GCC: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 234 GCC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 235 GCC: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.5.3.1 UAE
11.5.3.1.1 Need for technological advancements
11.5.3.2 Saudi Arabia
11.5.3.2.1 Growing investments in AI
11.5.3.3 Other GCC Countries
11.5.4 SOUTH AFRICA
11.5.4.1 Need to control traffic and crime rate to drive market
TABLE 236 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 237 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 238 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION)
TABLE 239 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 240 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 241 SOUTH AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.5.5 REST OF MIDDLE EAST & AFRICA
TABLE 242 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 243 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 244 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 245 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 246 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 247 REST OF MIDDLE EAST & AFRICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.6 LATIN AMERICA
11.6.1 LATIN AMERICA: IMAGE RECOGNITION MARKET DRIVERS
11.6.2 LATIN AMERICA: RECESSION IMPACT
TABLE 248 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 249 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 250 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2019–2023 (USD MILLION)
TABLE 251 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY SERVICE, 2024–2029 (USD MILLION)
TABLE 252 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 253 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 254 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 255 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
TABLE 256 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2019–2023 (USD MILLION)
TABLE 257 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY APPLICATION, 2024–2029 (USD MILLION)
TABLE 258 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2019–2023 (USD MILLION)
TABLE 259 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY VERTICAL, 2024–2029 (USD MILLION)
TABLE 260 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2019–2023 (USD MILLION)
TABLE 261 LATIN AMERICA: IMAGE RECOGNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
11.6.3 BRAZIL
11.6.3.1 Advancements in AI and digitalization to drive market growth
TABLE 262 BRAZIL: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 263 BRAZIL: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 264 BRAZIL: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 265 BRAZIL: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 266 BRAZIL: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 267 BRAZIL: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.6.4 MEXICO
11.6.4.1 Growing focus on digitalization and cloud computing
TABLE 268 MEXICO: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 269 MEXICO: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 270 MEXICO: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 271 MEXICO: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 272 MEXICO: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 273 MEXICO: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.6.5 ARGENTINA
11.6.5.1 Increasing adoption of image recognition technology across sectors
TABLE 274 ARGENTINA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 275 ARGENTINA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 276 ARGENTINA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 277 ARGENTINA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 278 ARGENTINA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 279 ARGENTINA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
11.6.6 REST OF LATIN AMERICA
TABLE 280 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2019–2023 (USD MILLION)
TABLE 281 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY OFFERING, 2024–2029 (USD MILLION)
TABLE 282 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2019–2023 (USD MILLION
TABLE 283 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 2024–2029 (USD MILLION)
TABLE 284 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2019–2023 (USD MILLION)
TABLE 285 REST OF LATIN AMERICA: IMAGE RECOGNITION MARKET, BY ORGANIZATION SIZE, 2024–2029 (USD MILLION)
12 COMPETITIVE LANDSCAPE
12.1 OVERVIEW
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
TABLE 286 OVERVIEW OF STRATEGIES BY KEY IMAGE RECOGNITION SOFTWARE VENDORS
12.3 MARKET SHARE ANALYSIS
TABLE 287 MARKET SHARE OF KEY VENDORS IN 2023
FIGURE 38 IMAGE RECOGNITION MARKET SHARE ANALYSIS
12.4 BRAND/PRODUCT COMPARISON
FIGURE 39 BRAND COMPARISON/VENDOR PRODUCT LANDSCAPE
12.5 REVENUE ANALYSIS
FIGURE 40 HISTORICAL REVENUE ANALYSIS, 2019–2023 (USD MILLION)
12.6 COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023
FIGURE 41 COMPANY EVALUATION, KEY PLAYERS, 2023
FIGURE 42 COMPANY EVALUATION MATRIX, KEY PLAYERS, 2023
12.6.1 STARS
12.6.2 EMERGING LEADERS
12.6.3 PERVASIVE PLAYERS
12.6.4 PARTICIPANTS
12.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
FIGURE 43 IMAGE RECOGNITION MARKET: COMPANY FOOTPRINT
12.6.5.1 Region footprint
TABLE 288 IMAGE RECOGNITION MARKET: COMPANY REGION FOOTPRINT
12.6.5.2 Company offering footprint
TABLE 289 IMAGE RECOGNITION MARKET: COMPANY OFFERING FOOTPRINT
12.6.5.3 Company vertical footprint
TABLE 290 IMAGE RECOGNITION MARKET: COMPANY VERTICAL FOOTPRINT
12.6.5.4 Company technology footprint
TABLE 291 IMAGE RECOGNITION MARKET: COMPANY TECHNOLOGY FOOTPRINT
12.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023
12.7.1 PROGRESSIVE COMPANIES
12.7.2 RESPONSIVE COMPANIES
12.7.3 DYNAMIC COMPANIES
12.7.4 STARTING BLOCKS
FIGURE 44 IMAGE RECOGNITION MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023
12.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023
12.7.5.1 Key startups/SMEs, 2023
TABLE 292 IMAGE RECOGNITION MARKET: KEY STARTUPS/SMES
12.7.5.2 Competitive benchmarking of Key startups/SMEs
TABLE 293 IMAGE RECOGNITION MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
12.8 COMPANY VALUATION AND FINANCIAL METRICS
FIGURE 45 COMPANY VALUATION AND FINANCIAL METRICS
12.9 COMPETITIVE SCENARIO & TRENDS
12.9.1 PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 294 IMAGE RECOGNITION MARKET: PRODUCT LAUNCHES AND ENHANCEMENTS, JANUARY 2021–MARCH 2024
12.9.2 DEALS
TABLE 295 IMAGE RECOGNITION MARKET: DEALS, JANUARY 2021–MARCH 2024
13 COMPANY PROFILES
13.1 INTRODUCTION
13.2 KEY PLAYERS
(Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View)*
13.2.1 GOOGLE
TABLE 296 GOOGLE: BUSINESS OVERVIEW
FIGURE 46 GOOGLE: COMPANY SNAPSHOT
TABLE 297 GOOGLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 298 GOOGLE: DEALS
13.2.2 QUALCOMM
TABLE 299 QUALCOMM: BUSINESS OVERVIEW
FIGURE 47 QUALCOMM: COMPANY SNAPSHOT
TABLE 300 QUALCOMM: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 301 QUALCOMM: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 302 QUALCOMM: DEALS
13.2.3 AWS
TABLE 303 AWS: BUSINESS OVERVIEW
FIGURE 48 AWS: COMPANY SNAPSHOT
TABLE 304 AWS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 305 AWS: DEALS
13.2.4 MICROSOFT
TABLE 306 MICROSOFT: BUSINESS OVERVIEW
FIGURE 49 MICROSOFT: COMPANY SNAPSHOT
TABLE 307 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 308 MICROSOFT: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 309 MICROSOFT: DEALS
13.2.5 TOSHIBA
TABLE 310 TOSHIBA: BUSINESS OVERVIEW
FIGURE 50 TOSHIBA: COMPANY SNAPSHOT
TABLE 311 TOSHIBA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.2.6 NVIDIA
TABLE 312 NVIDIA: BUSINESS OVERVIEW
FIGURE 51 NVIDIA: COMPANY SNAPSHOT
TABLE 313 NVIDIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 314 NVIDIA: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 315 NVIDIA: DEALS
13.2.7 ORACLE
TABLE 316 ORACLE: BUSINESS OVERVIEW
FIGURE 52 ORACLE: COMPANY SNAPSHOT
TABLE 317 ORACLE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 318 ORACLE: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 319 ORACLE: DEALS
13.2.8 NEC CORPORATION
TABLE 320 NEC CORPORATION: BUSINESS OVERVIEW
FIGURE 53 NEC CORPORATION: COMPANY SNAPSHOT
TABLE 321 NEC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 322 NEC CORPORATION: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 323 NEC CORPORATION: DEALS
13.2.9 HUAWEI
TABLE 324 HUAWEI: BUSINESS OVERVIEW
FIGURE 54 HUAWEI: COMPANY SNAPSHOT
TABLE 325 HUAWEI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 326 HUAWEI: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 327 HUAWEI: DEALS
13.2.10 HITACHI
TABLE 328 HITACHI: BUSINESS OVERVIEW
FIGURE 55 HITACHI: COMPANY SNAPSHOT
TABLE 329 HITACHI: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 330 HITACHI: PRODUCT LAUNCHES AND ENHANCEMENTS
TABLE 331 HITACHI: DEALS
*Details on Business Overview, Products/Solutions/Services offered, Recent Developments, MnM View might not be captured in case of unlisted companies.
13.3 OTHER PLAYERS
13.3.1 TRAX
13.3.2 STMICROELECTRONICS
13.3.3 ON SEMICONDUCTOR CORPORATION
13.3.4 SNAP2INSIGHT
13.3.5 ATTRASOFT
13.3.6 STERISON
13.3.7 UNICSOFT
13.3.8 PARALLELDOTS
13.3.9 VUE.AI
13.3.10 CATCHOOM
13.3.11 WIKITUDE
13.3.12 XIMILAR
13.3.13 IMAGGA TECHNOLOGIES
13.3.14 BLIPPAR
13.3.15 CLARIFAI
13.3.16 LTU TECHNOLOGIES
13.3.17 DEEPSIGNALS
14 ADJACENT/RELATED MARKETS
14.1 INTRODUCTION
14.1.1 RELATED MARKETS
14.1.2 LIMITATIONS
14.2 FACIAL RECOGNITION MARKET
TABLE 332 SOFTWARE: FACIAL RECOGNITION MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 333 SOFTWARE: FACIAL RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION)
TABLE 334 COMPONENT: FACIAL RECOGNITION MARKET, BY SOFTWARE TOOL, 2014–2019 (USD MILLION)
TABLE 335 COMPONENT: FACIAL RECOGNITION MARKET, BY SOFTWARE TOOL, 2019–2025 (USD MILLION)
TABLE 336 SOFTWARE TOOLS: FACIAL RECOGNITION MARKET, BY REGION, 2014–2019 (USD MILLION)
TABLE 337 SOFTWARE TOOLS: FACIAL RECOGNITION MARKET, BY REGION, 2019–2025 (USD MILLION)
14.3 EMOTION DETECTION AND RECOGNITION MARKET
TABLE 338 EMOTION DETECTION AND RECOGNITION MARKET, BY COMPONENT, 2016–2021 (USD MILLION)
TABLE 339 EMOTION DETECTION AND RECOGNITION MARKET, BY COMPONENT, 2022–2027 (USD MILLION)
TABLE 340 SOFTWARE: EMOTION DETECTION AND RECOGNITION MARKET, BY REGION, 2016–2021 (USD MILLION)
TABLE 341 SOFTWARE: EMOTION DETECTION AND RECOGNITION MARKET, BY REGION, 2022–2027 (USD MILLION)
15 APPENDIX
15.1 DISCUSSION GUIDE
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
15.3 CUSTOMIZATION OPTIONS
15.4 RELATED REPORTS
15.5 AUTHOR DETAILS
Image recognition technology is integrated into machines and smartphone applications, and is utilized for significant functions such as enterprise content management, big data, M-Commerce, and framing other AR platforms for building mobile applications for smart devices supported by operating systems such as Android, iOS, and Windows mobile. Services such as M-Commerce would enable the end users to make mobile payments, do online shopping and retailing through a high-quality visual environment. Huge firms utilize image recognition solutions for enumeration and desired sorting of their documents.
Various factors are responsible for an increase in the use of image recognition technology. This includes the increasing number of smartphones. Many people have shifted from traditional phones to smartphones these days due to the convenience and ease of use. Also, the advancement in technology makes it possible to deploy image recognition in various verticals. The healthcare industry, transportation and logistics, retail and consumer goods, along with defense and government deploy this technology on a large scale.
NA is expected to have the largest market share, which will be succeeded by EU. These regions are technologically advanced and various implementations of image recognition solutions are highest in these regions. Due to the growing number of applications as well as the need of image recognition technology, one can expect an increasing trend in the implementation for image recognition-based solutions in the emerging Brazil, Russia, India, and China (BRIC) countries as well.
