Image Recognition Market - Forecasts from 2019 to 2024

June 2019 | 120 pages | ID: IBBC53EFA823EN
Knowledge Sourcing Intelligence LLP

Abstracts

The image recognition market is expected to reach US$15.75 billion by 2024. The growth of the image recognition market is being fuelled by the rapid growth of communication and technology and consumer electronics industries worldwide which are opening doors to immense growth opportunities for next-generation technologies. Huge investments into research and development across these industries are accelerating technological advancements and innovation. As this continues, new technologies like image recognition are being incorporated into solutions in order to expand the capabilities and value these solutions offer to the customers. This is a major factor driving the market growth for image recognition technology. Growing disposable incomes across many regions are increasing the demand for technology intensive solutions among people. This is also increasing the adoption of image recognition technology, among many other advanced technologies, thus boosting the market growth.

DRIVERS

Rapid growth of end-user industries

Rising investments in R&D

RESTRAINTS

Large storage requirement for multi-media data

INDUSTRY UPDATE

In 2017, Brandatch launched Brandwatch Image Insight, an image-recognition platform.

In 2018, Sotheby acquired Thread Genius to build its image recognition and recommendation technology.

The major players profiled in the Image Recognition market include Qualcomm Incorporated, NEC Corporation, Google Inc., LTU Tech, Catchoom Technologies S.L., Hitachi Ltd, Slyce Inc., Wikitude GmbH, and Attrasoft Inc.

Segmentation

The image recognition market has been analyzed through the following segments:

By Component

Hardware

Software

Services

By End-User Industry

Communication and Technology

BFSI

Retail

Government

Media and Entertainment

Healthcare

Others

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

United Kingdom

Germany

France

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

Australia

India

Others

Contents

1. INTRODUCTION

1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY

2.1. Research Design
2.2. Secondary Sources

3. KEY FINDINGS

4. MARKET DYNAMICS

4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
  4.5.1. Bargaining Power of Suppliers
  4.5.2. Bargaining Power of Buyers
  4.5.3. Threat of New Entrants
  4.5.4. Threat of Substitutes
  4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness

5. IMAGE RECOGNITION MARKET BY COMPONENT

5.1. Hardware
5.2. Software
5.3. Services

6. IMAGE RECOGNITION MARKET BY END-USER INDUSTRY

6.1. Communication and Technology
6.2. BFSI
6.3. Retail
6.4. Government
6.5. Media and Entertainment
6.6. Healthcare
6.7. Others

7. IMAGE RECOGNITION MARKET BY GEOGRAPHY

7.1. North America
  7.1.1. USA
  7.1.2. Canada
  7.1.3. Mexico
7.2. South America
  7.2.1. Brazil
  7.2.2. Argentina
  7.2.3. Others
7.3. Europe
  7.3.1. United Kingdom
  7.3.2. Germany
  7.3.3. France
  7.3.4. Spain
  7.3.5. Others
7.4. Middle East and Africa
  7.4.1. Saudi Arabia
  7.4.2. Israel
  7.4.3. Others
7.5. Asia Pacific
  7.5.1. China
  7.5.2. Japan
  7.5.3. Australia
  7.5.4. India
  7.5.5. Others

8. COMPETITIVE INTELLIGENCE

8.1. Competitive Benchmarking and Analysis
8.2. Recent Investmentss and Deals
8.3. Strategies of Key Players

9. COMPANY PROFILES

9.1. Qualcomm Incorporated
9.2. NEC Corporation
9.3. Google Inc.
9.4. LTU Tech
9.5. Catchoom Technologies S.L.
9.6. Hitachi Ltd
9.7. Slyce Inc.
9.8. Wikitude GmbH
9.9. Attrasoft Inc.
LIST OF FIGURES
LIST OF TABLES