Image Recognition Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024

Request Brochure Request Discount

Report Code: ZMR-1001 | Report Format : | Status : Upcoming |

Abstract

Global Image Recognition Market: Overview

Image recognition is a method for processing, acquiring, sympathizing, and scrutinize images. It is capable of storing high-dimensional data that it collects from the real world. Once the data is collected, it is utilized for generation of symbolic or numerical information.

Global Image Recognition Market: Growth Factors

The global image recognition market is likely to have a blast in coming future. The rise in the demand from the industry is the main reason that has driven the growth of the global market. In addition to this, increased job opportunities are also boosting the growth of the global image recognition market. Further, cheap labor charge is also powering the growth of the global market. Adding more to the list of drivers, use of advanced technology for image recognition are also one of the significant reasons that are boosting the global market. Lastly, increased application of image recognition in different industries is also driving the global market growth.

On the other hand, the high cost of raw material is the main reason hampering the growth of global image recognition market. Further, high value for maintenance is also one of the significant reasons that are restraining the growth of the global market. On top of this, the high cost of ownership of the image recognition tools is one of the reasons that are decreasing the growth of the market.

Global Image Recognition Market: Segmentation

Based on technology, the global image recognition market is mainly classified as optical character recognition, pattern recognition, facial recognition, code recognition, digital image processing, object recognition, and others.

On the basis of components, the global market is segmented into software, hardware, services, and others.

Based on applications, the global market for image recognition is bifurcated into scanning and imaging, security and surveillance, augmented reality, marketing and advertising, image search, and others.

On the basis of application, the global market is divided into healthcare, homeland security and defense, nuclear power plants, industrial applications, environmental monitoring, academic research, and others.

Based on deployment types, the global market for image recognition is classified into on-premises and cloud.

On the basis of verticals, the global market is segmented into transportation and logistics, media and entertainment, telecommunication and IT, banking, financial services, and insurance (BFSI), retail and e-commerce, government, gaming, healthcare and life science, manufacturing, travel and hospitality, and others.

Global Image Recognition Market: Regional Analysis

The global image recognition market is regionally segmented into Europe, Latin America, Asia-Pacific, North America, and Rest of the World. Increased job opportunity is boosting the global market in Asia Pacific countries such as India and China. The rise in the demand from the industry has elevated the global market in North America and Europe.

Global Image Recognition Market: Competitive Players

Some of the key players in the global image recognition market are Itraff Technology, LTU Technologies, Wikitude, Honeywell and Catchoom, Sharp Vision Software, Toshiba, Panasonic, Qualcomm Technologies, Hitachi, NEC, Blipper, and others.

Global Image Recognition Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Related Reports

Artificial Intelligence (AI) Market for CRM by Application (Customer Service and Support, Marketing, Sales, and Other Applications), by Technology (Machine Learning, Natural Language Processing, Context-Aware Computing, and Image Processing), by Organization Size (Small and Medium-Sized Enterprises, and Large Enterprises), and by End-users (BFSI, Healthcare, Manufacturing, Retail, IT and Telecommunication, Media & Entertainment, Energy and Utilities, and Others End-users): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Oct-2018 | Price : $ 4899.00 | Pages: 129 | Report Code: ZMR-3420 | Report Format:

The report covers forecast and analysis for the AI market for CRM on a global and regional level. The study provides historic data of 2015-2017 along with a forecast from 2018 to 2024 based on revenue (USD Billion). The study includes drivers and restraints for the AI market for CRM along with the...Read More

Solar Based IoT Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2026

Price : $ 3999.00 | Report Code: ZMR-3392 | Report Format:

Global Solar Based IoT Market: Overview The concept of solar based IoT is a combination of increased demand for adopting renewable sources of energy and the latest digitization techniques. Solar based IoT is a new technological trend that is slowly and steadily establishing its foothold in the g...Read More

Cognitive Security Market By Component (Solutions and Services), By Security Type (Cybersecurity and Physical Security), by Vertical (Aerospace and Defense, Banking, Financial Services, and Insurance, Energy and Utilities, Government, Healthcare, IT and Telecom, Manufacturing, Retail, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 210 | Report Code: ZMR-3376 | Report Format:

The report analyzes and forecasts the cognitive security market on the basis of component, security type, vertical, and regions. The study shows past data from 2015 to 2017 along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought abo...Read More

Unified Monitoring Market by Component (Solutions & Services), by Deployment Type (On-Premises and Cloud), and by Vertical (BFSI, Telecommunications And IT, Healthcare And Life Sciences, Manufacturing, and Others): Global Industry Perspective, Comprehensive Analysis, And Forecast, 2017 – 2024

Sep-2018 | Price : $ 4899.00 | Pages: 260 | Report Code: ZMR-3366 | Report Format:

The report analyzes the unified monitoring market on a global and regional level. The study offers historical data of past years 2015, 2016, and 2017; along with forecast from 2018 to 2024 based on revenue (USD Billion). Assessment of market dynamics gives a brief thought about the drivers and res...Read More

Laser Cutting Machine Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2017-2024

Price : $ 3900.00 | Report Code: ZMR-3343 | Report Format:

Laser Cutting Machine Market: Overview Laser cutting machine is a kind of technology that takes the help of a laser beam to cut the concerned material, either partially or completely. Some materials are very difficult to cut by the traditional means. For such kinds of materials, the laser cuttin...Read More

Download Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a free research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.