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According to Stratistics MRC, the Global Image Recognition Market accounted for $15.91 billion in 2016 and is expected to reach $43.57 billion by 2022 growing at a CAGR of 18.2% from 2016 to 2022. Growing usage of image recognition applications, rising demand for security applications and products enabled with image recognition functions, technology acceptance by several companies across different verticals and rising use of high bandwidth data services are some of the factors driving the market growth. The growing sophistication of image recognition technologies is providing ample of growth opportunities in several fields.Request a sample of the report: http://www.orbisresearch.com/contacts/request-sample/254424
The existence of several IT companies in Asia Pacific makes it one of the most vital regional markets of the global image recognition market. The region also takes the top spot when it comes to the e-commerce sector and the utilization of smartphones which are two major end users of Image Recognition technology. Moreover, presence of companies top companies such as Google, Twitter, Facebook, International Business Machines (IBM) Corporation, Apple, etc., obviously makes North America the leading regional market for image recognition.
Some of the key players in the market include Attrasoft, Inc., Catchoom Technologies S.L., Google Inc., Hitachi, Ltd., Honeywell International Inc., Key Innovator, LTU Technologies, NEC Corporation, Qualcomm Incorporated., Slyce Inc. and Wikitude GmbH.
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Applications Covered:
Augmented Reality
Image Search
Marketing & Advertising
Scanning & Imaging
Security & Surveillance
Technologies Covered:
Pattern Recognition
Optical Character Recognition
Object Recognition
Facial Recognition
Digital Image Processing
Code Recognition
Deployment Types Covered:
Cloud
On-Premises
Components Covered:
Software
Hardware
Services
Training, Support, and Maintenance Services
Professional Services
Managed Services
Industries Covered:
Transportation & Logistics
Retail & Consumer Goods
Media & Entertainment
IT & Telecom
Healthcare
Government
Banking, Financial Services and Insurance
Other Industries
Gaming
Education
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 6 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Major Points From The Table Of Contents:
Executive Summary
Preface
Market Trend Analysis
Porters Five Force Analysis
Global Image Recognition Market, By Application
Global Image Recognition Market, By Technology
Global Image Recognition Market, By Deployment Type
Global Image Recognition Market, By Component
Global Image Recognition Market Analysis, By Industry
Global Image Recognition Market, By Geography
Key Developments
Company Profiling
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Release ID: 199957
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