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Image recognition market to hit $43.57 billion by 2022

IT Market Research

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.

According to Stratistics MRC, the Global Image Recognition Make an Inquiry about this news Market is driven by 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.

The growing sophistication of image recognition technologies is providing ample of growth opportunities in several fields.

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.

Sample Copy @…outlook-2016-2022 Make an Inquiry about this news

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 
o Training, Support, and Maintenance Services 
o Professional Services 
o Managed Services 

Industries Covered: 
• Transportation & Logistics 
• Retail & Consumer Goods 
• Media & Entertainment 
• IT & Telecom 
• Healthcare 
• Government 
• Banking, Financial Services and Insurance 
• Other Industries 
o Gaming 
o Education 

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o France 
o Italy 
o UK 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o Rest of Asia Pacific 
• Rest of the World 
o Middle East 
o Brazil 
o Argentina 
o South Africa 
o 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

Table Of Content

1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 Application Analysis 
3.7 Technology Analysis 
3.8 Emerging Markets 
3.9 Futuristic Market Scenario 

4 Porters Five Force Analysis 
4.1 Bargaining power of suppliers 
4.2 Bargaining power of buyers 
4.3 Threat of substitutes 
4.4 Threat of new entrants 
4.5 Competitive rivalry 

5 Global Image Recognition Market, By Application 
5.1 Introduction 
5.2 Augmented Reality 
5.3 Image Search 
5.4 Marketing & Advertising 
5.5 Scanning & Imaging 
5.6 Security & Surveillance 

12 Company Profiling

12.1 Attrasoft, Inc. 
12.2 Catchoom Technologies S.L. 
12.3 Google Inc. 
12.4 Hitachi, Ltd. 
12.5 Honeywell International Inc. 
12.6 Key Innovator 
12.7 LTU Technologies 
12.8 NEC Corporation 
12.12 Qualcomm Incorporated. 
12.10 Slyce Inc. 
12.11 Wikitude GmbH 

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