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Global image recognition market to reach a market size of $42.2 billion by 2022 according to new research report

Industrial Market Research

The global Image Recognition Market is attain a market size of $42.2 billion by 2022


According to a new report Global Image Recognition Market Make an Inquiry about this news (2016-2022), published by KBV Research, the global Image Recognition Market is expected to attain a market size of $42.2 billion by 2022, growing at a CAGR of 18% during the forecast period.

The Hardware market dominated the Global Image Recognition Market by Component in 2015, and would continue to be a dominant market till 2022. The Services market is expected to witness a CAGR of 22.5% during (2016 – 2022).

The Scanning & Imaging market dominated the Global Image Recognition Market by Application in 2015, and would continue to be a dominant market till 2022, growing at a CAGR of 16 % during the forecast period.