Image Recognition Market to Register Significant Growth Globally During 2027 | Catchoom, Honeywell International Inc, Hitachi, Ltd., Wikitude GmbH, Slyce

Global Image Recognition Market

According to Data Bridge Market Research, “Global Image Recognition Market” of North America is expected to have the largest market share in the current scenario, although Europe and Asia-Pacific are expanding their market shares with a significant level of growth rate, and are expected to overtake North America considering the shift of various manufacturing industries from North America to the Asia-Pacific region.

Market Analysis:

Global Image Recognition Market is set to witness a healthy CAGR of 22.25% in the forecast period of 2020 to 2027. The report contains data of the base year 2019 and historic year 2018. This rise in the market value can be attributed due to increasing demand of image recognition technologies and applications in gaming consoles and mobile computing devices.

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This Image Recognition report also performs analysis on consumption of market, key players involved, sales, price, revenue and market share with volume and value for each region. This market report provides information about company profile, product specifications, capacity, production value, and market shares for each company for the year 2020 to 2027 under the competitive analysis study. In addition, the identity of respondents is maintained undisclosed and no promotional approach is made to them while analysing the data. Furthermore, competitive analysis gives a clear idea about the strategies used by the major competitors in the market that perks up their penetration in the market.

Top Manufacturers Profiles Operating in this Market:  Qualcomm Technologies, Inc., NEC Corporation, Google., LTUTech, Catchoom, Honeywell International Inc, Hitachi, Ltd., Wikitude GmbH, Slyce, Attrasoft, Inc., JASTEC Co. Ltd., Apple Inc., Facebook, Twitter, IDEMIA, Gemalto NV, Ayonix Face Technologies, Cognitec Systems GmbH, Aware, Inc., Daon, Neurotechnology, Herta Security, KeyLemon Ind. among others.

Descriptive Analysis of the Market

This Image Recognition research report delivers the Descriptive Analysis of the market by introducing the definition, classification, segmentation, application, engagements and market trends.  It also identifies and analyzes the emerging trends along with major drivers, challenges and opportunities in industry.


For the better understanding the market is segmented on the basis of type, product, end users and geographical landscape

Global Image Recognition Market By Technology (Code Recognition, Digital Inage processing, Facial recognition, Object Recognition, Pattern recognition, Optical Character Recognition), Component (Hardware, Software, Services), Application (Scanning & Imaging, Security & Surveillance, Image Search, Augmented reality, Marketing & Advertising), Deployment Type (On-Premise, Cloud), Industry (BFSI, Media & Entertainment, Retail & Consumer Goods, IT & Telecom, Government, Healthcare, Transportation & Logistics, Education, Gaming), Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) – Industry Trends and Forecast to 2027

Table of Content:

Image Recognition Market Size

Image Recognition Market New Sales Volumes

Image Recognition Market Replacement Sales Volumes

Image Recognition Installed Base

Image Recognition Market by Brands

Image Recognition Market Procedure Volumes

Image Recognition Market Product Price Analysis

Image Recognition Market Shares in Different Regions

Image Recognition Recent Developments for Market Competitors

Image Recognition Market Upcoming Applications

Image Recognition Market Innovators Study

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Scope of the Image Recognition Market 

Global Image Recognition Market is segmented on the basis of countries into U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel, Rest of Middle East and Africa (MEA).

Insights of the Study

  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market
  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Image Recognition market
  • To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
  • The key findings and recommendations highlight crucial progressive industry trends in the Image Recognition Market, thereby allowing players to develop effective long term strategies
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Why to purchase this report?

Following are the reasons to consider this Image Recognition report:

  • This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the key market players and their working methodologies and their decision making capabilities.
  • The report analyzes various factors which act as drivers and restraints to development the overall Image Recognition Market.
  • This report not only analyzes present market condition but it likewise estimates how the Image Recognition Market is going to perform for estimated time period of 2020-2027.
  • It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.


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