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Image Recognition Market by Deployment Mode (On-Premise and Cloud), Component (Hardware, Software, and Services, Industry Vertical (IT & Telecom, BFSI, Healthcare, Retail, Government, Media & Entertainment, Transportation & Logistics, Manufacturing, and Others), Technology (Object Detection, QR/Barcode Recognition, Facial Recognition, Pattern Recognition, and Optical Character Recognition), and Application (Scanning & Imaging, Security & Surveillance, Image Search, Augmented Reality, Marketing & Advertising) : Global Opportunity Analysis and Industry Forecast, 2018 - 2025

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IC_185075
Pages: 340
Nov 2018 | 715 Views
 
Author's : Rachita Rake
Tables: 175
Charts: 80
 

Image Recognition Market Overview:

Image recognition technology is the process of identifying and detecting an object or a feature in a digital image or video. The field of image recognition has gained widespread acclaims in the past few years. Image recognition system uses the data shared by users through various platforms such as social networks, apps, and websites. It uses a technology that detects places, people, items, buildings, logos, and different variables in pictures with the help of artificial intelligence. This concept is used in many applications such as smart photo libraries, targeted advertising, security surveillance, toll booth monitoring, and systems for factory automation. Numerous companies, such as Microsoft, Google, Facebook, Apple, and Pinterest have invested heavily in research to develop image recognition and related applications. The global image recognition market was valued at $17,911 million in 2017, and is projected to reach $86,001 million by 2025, growing at a CAGR of 21.8% from 2018 to 2025.

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The cloud segment dominated the overall image recognition market share in 2017 and is expected to continue this trend during the forecast period, owing to its increased adoption in verticals such as media and entertainment, banking, financial services, and insurance (BFSI), and government. Moreover, numerous organizations have been implementing cloud-based image recognition solutions to secure confidential data and reinforce their marketing endeavors, which drive the growth of the image recognition market.

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The retail segment dominated the overall market in 2017 and is expected to continue this trend during the forecast period owing to its increased adoption in this industry to drive in-store promotion and consumer engagement.

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The facial recognition technology is expected to witness the highest growth rate in the upcoming years owing to increase in its usage in both law enforcement and non-law enforcement applications. For instance, Western Australia is planning to implement facial recognition technology for enforcing bans on purchasing alcohol by certain individuals.

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North America dominated the overall market in 2017, owing to the rise in the number of electronic gadgets and smartphone users integrated with image recognition applications in this region. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period primarily due to the growing trend towards e-governance in the region.

The report focuses on the growth prospects, restraints, and trends of global image recognition market analysis. The study provides Porters five forces analysis of the image recognition industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers, on the growth of the market.

Segment review

The global image recognition market is segmented based on deployment mode, component, industry verticals, technology, applications, and regions. Based on deployment mode, the market is bifurcated into cloud and on premise. In terms of component, the market is categorized into hardware, software, and services. In terms of industry verticals, the market is classified into IT & telecom, BFSI, healthcare, retail, government, media & entertainment, transportation & logistics, manufacturing, and others. Based on technology, the market is segmented into object detection, QR/barcode recognition, facial recognition, pattern recognition, and optical character recognition. Based on application, it is divided as scanning & imaging, security & surveillance, image search, augmented reality, marketing & advertisement. Based on the region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players operating in the global image recognition market include IBM Corporation, Imagga Technologies Ltd., Amazon Web Services, Inc., Qualcomm Incorporated, Google LLC, Microsoft Corporation, NEC Corporation, LTU technologies, Catchoom Technologies S.L., and Intel Corporation.

Top impacting factors

Rise in popularity of media cloud services, technological advancements in facial recognition technology, surge in mobile devices equipped with cameras and increase in demand for security applications and products enabled with image recognition functions drive the market growth. However, high initial cost of installation would hamper the image recognition market growth during the forecast period. Furthermore, supportive regulations that mandate the use of image recognition solutions and rising demand of image recognition in healthcare industry are expected to provide lucrative opportunities for the market.

Technological advancements in facial recognition technology

Face recognition is widely accepted in government applications, but has gained more prominence in commercial applications. Recent research and development (R&D) efforts have resulted in considerable improvements in technology, which drives the growth of the facial recognition segment. For instance, emergence of advanced 3D facial recognition, and facial analytics address the limitations of 2D recognition systems. Moreover, deployment of face recognition biometrics for surveillance purpose has increased for identifying terrorists and criminals without imposing on an individuals privacy in public places. Moreover, implementation of face recognition technology for machine-readable travel documents (MRDs) such as biometric passports and visas, has resulted in wide acceptance of this technology, which fuels the growth of the market.

Supportive regulations that mandate the use of image recognition solutions

Supportive regulations such as health insurance portability and accountability act (HIPAA), which mandate the use of these solutions require the healthcare providers to use electronics health records (EHR). It has the advantage of easy access to files from any computer. However, it requires the authorized people who can access the data, in which facial recognition technology plays a crucial role in identifying and authentication. Moreover, in the retail sector, many countries have initiated e-Payment drives such as by India and Thailand. As the e-Payment or cashless transaction increases, the necessity to secure trade is of paramount importance. Hence, payment service providers and mobile segments are integrating image recognition solutions for authentication, which boosts the market growth. For instance, in March 2015, E-commerce giant, Alibaba Group, and online payment service, Alipay, have integrated facial recognition technology to take the place of passwords for online payments. Moreover, in December 2017, Intel and Foxconn planned to launch "pay via face identification" technology, which is expected to allow consumers to make payments for entertainment and retail services using Intel's multi-access edge computing 5G solution along with advanced facial-recognition technology and artificial intelligence.

Key Benefits for Image Recognition Market:

  • This study includes the analytical depiction of the global image recognition market trends and future estimations to determine the imminent investment pockets.

  • The report presents information related to key drivers, restraints, and opportunities.

  • The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the industry.

  • Porters five forces analysis illustrates the potency of buyers & suppliers in the global image recognition industry.

Image Recognition Key Market Segments:

By Deployment Mode

  • On premise

  • Cloud

By Component

  • Hardware

  • Software

  • Service

By Industry Vertical

  • IT & Telecom

  • BFSI

  • Healthcare

  • Retail

  • Government

  • Media & Entertainment

  • Transportation & Logistics

  • Manufacturing

  • Others

By Technology

  • Object Detection

  • QR/Barcode Recognition

  • Facial Recognition

  • Pattern Recognition

  • Optical Character Recognition

By Application

  • Scanning & Imaging

  • Security & Surveillance

  • Image Search

  • Augmented Reality

  • Marketing & Advertising

By Region

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • UK

    • Germany

    • France

    • Italy

    • Russia

    • Rest of Europe

  • Asia-Pacific

    • China

    • India

    • Japan

    • Singapore

    • Australia

    • South Korea

    • Rest of APAC

  • LAMEA

    • Latin America

    • Middle East

    • Africa

Key Market Players

  • IBM Corporation

  • Imagga Technologies Ltd.

  • Amazon Web Services, Inc.

  • Qualcomm Incorporated

  • Google LLC

  • Microsoft Corporation

  • NEC Corporation

  • LTU technologies

  • Catchoom Technologies S.L.

  • Intel Corporation

 

Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. RESEARCH METHODOLOGY

1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top impacting factors
3.2.2. Top investment pockets
3.2.3. Top winning strategies

3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. KEY PLAYER POSITIONING, 2017
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Growing use of image recognition applications
3.5.1.2. Technological advancements in facial recognition technology
3.5.1.3. Growing demand for security applications and products enabled with image recognition functions
3.5.1.4. Supportive regulations that mandate the use of image recognition solutions

3.5.2. Restraints

3.5.2.1. High initial cost of installation

3.5.3. Opportunities

3.5.3.1. Rising demand of image recognition in healthcare industry

Chapter: 4: IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE

4.1. OVERVIEW
4.2. ON PREMISE

4.2.1. Key market trends
4.2.2. Key growth factors and opportunities
4.2.3. Market size and forecast, by region
4.2.4. Market analysis by country

4.3. CLOUD

4.3.1. Key market trends
4.3.2. Key growth factors and opportunities
4.3.3. Market size and forecast, by region
4.3.4. Market analysis by country

Chapter: 5: IMAGE RECOGNITION MARKET, BY COMPONENT

5.1. OVERVIEW
5.2. HARDWARE

5.2.1. Key market trends
5.2.2. Key growth factors and opportunities
5.2.3. Market size and forecast, by region
5.2.4. Market analysis by country

5.3. SOFTWARE

5.3.1. Key market trends
5.3.2. Key growth factors and opportunities
5.3.3. Market size and forecast, by region
5.3.4. Market analysis by country

5.4. SERVICES

5.4.1. Key market trends
5.4.2. Key growth factors and opportunities
5.4.3. Market size and forecast, by region
5.4.4. Market analysis by country

Chapter: 6: IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL

6.1. OVERVIEW
6.2. IT & TELECOM

6.2.1. Key market trends
6.2.2. Key growth factors and opportunities
6.2.3. Market size and forecast, by region
6.2.4. Market analysis by country

6.3. BFSI

6.3.1. Key market trends
6.3.2. Key growth factors and opportunities
6.3.3. Market size and forecast, by region
6.3.4. Market analysis by country

6.4. HEALTHCARE

6.4.1. Key market trends
6.4.2. Key growth factors and opportunities
6.4.3. Market size and forecast, by region
6.4.4. Market analysis by country

6.5. RETAIL

6.5.1. Key market trends
6.5.2. Key growth factors and opportunities
6.5.3. Market size and forecast, by region
6.5.4. Market analysis by country

6.6. GOVERNMENT

6.6.1. Key market trends
6.6.2. Key growth factors and opportunities
6.6.3. Market size and forecast, by region
6.6.4. Market analysis by country

6.7. MEDIA & ENTERTAINMENT

6.7.1. Key market trends
6.7.2. Key growth factors and opportunities
6.7.3. Market size and forecast, by region
6.7.4. Market analysis by country

6.8. TRANSPORTATION & LOGISTICS

6.8.1. Key market trends
6.8.2. Key growth factors and opportunities
6.8.3. Market size and forecast, by region
6.8.4. Market analysis by country

6.9. MANUFACTURING

6.9.1. Key market trends
6.9.2. Key growth factors and opportunities
6.9.3. Market size and forecast, by region
6.9.4. Market analysis by country

6.10. OTHERS

6.10.1. Key market trends
6.10.2. Key growth factors and opportunities
6.10.3. Market size and forecast, by region
6.10.4. Market analysis by country

Chapter: 7: IMAGE RECOGNITION MARKET, BY TECHNOLOGY

7.1. OVERVIEW
7.2. OBJECT DETECTION

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast, by region
7.2.4. Market analysis by country

7.3. QR/BARCODE RECOGNITION

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast, by region
7.3.4. Market analysis by country

7.4. FACIAL RECOGNITION

7.4.1. Key market trends
7.4.2. Key growth factors and opportunities
7.4.3. Market size and forecast, by region
7.4.4. Market analysis by country

7.5. PATTERN RECOGNITION

7.5.1. Key market trends
7.5.2. Key growth factors and opportunities
7.5.3. Market size and forecast, by region
7.5.4. Market analysis by country

7.6. OPTICAL CHARACTER RECOGNITION

7.6.1. Key market trends
7.6.2. Key growth factors and opportunities
7.6.3. Market size and forecast, by region
7.6.4. Market analysis by country

Chapter: 8: IMAGE RECOGNITION MARKET, BY APPLICATION

8.1. OVERVIEW
8.2. SCANNING & IMAGING

8.2.1. Key market trends
8.2.2. Key growth factors and opportunities
8.2.3. Market size and forecast, by region
8.2.4. Market analysis by country

8.3. SECURITY & SURVEILLANCE

8.3.1. Key market trends
8.3.2. Key growth factors and opportunities
8.3.3. Market size and forecast, by region
8.3.4. Market analysis by country

8.4. IMAGE SEARCH

8.4.1. Key market trends
8.4.2. Key growth factors and opportunities
8.4.3. Market size and forecast, by region
8.4.4. Market analysis by country

8.5. AUGMENTED REALITY

8.5.1. Key market trends
8.5.2. Key growth factors and opportunities
8.5.3. Market size and forecast, by region
8.5.4. Market analysis by country

8.6. MARKETING & ADVERTISING

8.6.1. Key market trends
8.6.2. Key growth factors and opportunities
8.6.3. Market size and forecast, by region
8.6.4. Market analysis by country

Chapter: 9: IMAGE RECOGNITION MARKET, BY REGION

9.1. OVERVIEW
9.2. NORTH AMERICA

9.2.1. Key market trends
9.2.2. Key growth factors and opportunities
9.2.3. Market size and forecast

9.2.3.1. Market size and forecast, by deployment mode
9.2.3.2. Market size and forecast, by component
9.2.3.3. Market size and forecast, by industry vertical
9.2.3.4. Market size and forecast, by technology
9.2.3.5. Market size and forecast, by application
9.2.3.6. Market size and forecast, by country

9.2.3.7. U.S.

9.2.3.7.1. Market size and forecast, by deployment mode
9.2.3.7.2. Market size and forecast, by component
9.2.3.7.3. Market size and forecast, by industry vertical
9.2.3.7.4. Market size and forecast, by technology
9.2.3.7.5. Market size and forecast, by application

9.2.3.8. Canada

9.2.3.8.1. Market size and forecast, by deployment mode
9.2.3.8.2. Market size and forecast, by component
9.2.3.8.3. Market size and forecast, by industry vertical
9.2.3.8.4. Market size and forecast, by technology
9.2.3.8.5. Market size and forecast, by application

9.2.3.9. Mexico

9.2.3.9.1. Market size and forecast, by deployment mode
9.2.3.9.2. Market size and forecast, by component
9.2.3.9.3. Market size and forecast, by industry vertical
9.2.3.9.4. Market size and forecast, by technology
9.2.3.9.5. Market size and forecast, by application

9.3. EUROPE

9.3.1. Key market trends
9.3.2. Key growth factors and opportunities
9.3.3. Market size and forecast

9.3.3.1. Market size and forecast, by deployment mode
9.3.3.2. Market size and forecast, by component
9.3.3.3. Market size and forecast, by industry vertical
9.3.3.4. Market size and forecast, by technology
9.3.3.5. Market size and forecast, by application
9.3.3.6. Market size and forecast, by country
9.3.3.7. UK

9.3.3.7.1. Market size and forecast, by deployment mode
9.3.3.7.2. Market size and forecast, by component
9.3.3.7.3. Market size and forecast, by industry vertical
9.3.3.7.4. Market size and forecast, by technology
9.3.3.7.5. Market size and forecast, by application

9.3.3.8. Germany

9.3.3.8.1. Market size and forecast, by deployment mode
9.3.3.8.2. Market size and forecast, by component
9.3.3.8.3. Market size and forecast, by industry vertical
9.3.3.8.4. Market size and forecast, by technology
9.3.3.8.5. Market size and forecast, by application

9.3.3.9. France

9.3.3.9.1. Market size and forecast, by deployment mode
9.3.3.9.2. Market size and forecast, by component
9.3.3.9.3. Market size and forecast, by industry vertical
9.3.3.9.4. Market size and forecast, by technology
9.3.3.9.5. Market size and forecast, by application

9.3.3.10. Italy

9.3.3.10.1. Market size and forecast, by deployment mode
9.3.3.10.2. Market size and forecast, by component
9.3.3.10.3. Market size and forecast, by industry vertical
9.3.3.10.4. Market size and forecast, by technology
9.3.3.10.5. Market size and forecast, by application

9.3.3.11. Russia

9.3.3.11.1. Market size and forecast, by deployment mode
9.3.3.11.2. Market size and forecast, by component
9.3.3.11.3. Market size and forecast, by industry vertical
9.3.3.11.4. Market size and forecast, by technology
9.3.3.11.5. Market size and forecast, by application

9.3.3.12. Rest of Europe

9.3.3.12.1. Market size and forecast, by deployment mode
9.3.3.12.2. Market size and forecast, by component
9.3.3.12.3. Market size and forecast, by industry vertical
9.3.3.12.4. Market size and forecast, by technology
9.3.3.12.5. Market size and forecast, by application

9.4. ASIA-PACIFIC

9.4.1. Key market trends
9.4.2. Key growth factors and opportunities
9.4.3. Market size and forecast

9.4.3.1. Market size and forecast, by deployment mode
9.4.3.2. Market size and forecast, by component
9.4.3.3. Market size and forecast, by industry vertical
9.4.3.4. Market size and forecast, by technology
9.4.3.5. Market size and forecast, by application
9.4.3.6. Market size and forecast, by country
9.4.3.7. China

9.4.3.7.1. Market size and forecast, by deployment mode
9.4.3.7.2. Market size and forecast, by component
9.4.3.7.3. Market size and forecast, by industry vertical
9.4.3.7.4. Market size and forecast, by technology
9.4.3.7.5. Market size and forecast, by application

9.4.3.8. India

9.4.3.8.1. Market size and forecast, by deployment mode
9.4.3.8.2. Market size and forecast, by component
9.4.3.8.3. Market size and forecast, by industry vertical
9.4.3.8.4. Market size and forecast, by technology
9.4.3.8.5. Market size and forecast, by application

9.4.3.9. Japan

9.4.3.9.1. Market size and forecast, by deployment mode
9.4.3.9.2. Market size and forecast, by component
9.4.3.9.3. Market size and forecast, by industry vertical
9.4.3.9.4. Market size and forecast, by technology
9.4.3.9.5. Market size and forecast, by application

9.4.3.10. Singapore

9.4.3.10.1. Market size and forecast, by deployment mode
9.4.3.10.2. Market size and forecast, by component
9.4.3.10.3. Market size and forecast, by industry vertical
9.4.3.10.4. Market size and forecast, by technology
9.4.3.10.5. Market size and forecast, by application

9.4.3.11. Australia

9.4.3.11.1. Market size and forecast, by deployment mode
9.4.3.11.2. Market size and forecast, by component
9.4.3.11.3. Market size and forecast, by industry vertical
9.4.3.11.4. Market size and forecast, by technology
9.4.3.11.5. Market size and forecast, by application

9.4.3.12. South Korea

9.4.3.12.1. Market size and forecast, by deployment mode
9.4.3.12.2. Market size and forecast, by component
9.4.3.12.3. Market size and forecast, by industry vertical
9.4.3.12.4. Market size and forecast, by technology
9.4.3.12.5. Market size and forecast, by application

9.4.3.13. Rest of Asia-Pacific

9.4.3.13.1. Market size and forecast, by deployment mode
9.4.3.13.2. Market size and forecast, by component
9.4.3.13.3. Market size and forecast, by industry vertical
9.4.3.13.4. Market size and forecast, by technology
9.4.3.13.5. Market size and forecast, by application

9.5. LAMEA

9.5.1. Key market trends
9.5.2. Key growth factors and opportunities
9.5.3. Market size and forecast

9.5.3.1. Market size and forecast, by deployment mode
9.5.3.2. Market size and forecast, by component
9.5.3.3. Market size and forecast, by industry vertical
9.5.3.4. Market size and forecast, by technology
9.5.3.5. Market size and forecast, by application
9.5.3.6. Market size and forecast, by country
9.5.3.7. Latin America

9.5.3.7.1. Market size and forecast, by deployment mode
9.5.3.7.2. Market size and forecast, by component
9.5.3.7.3. Market size and forecast, by industry vertical
9.5.3.7.4. Market size and forecast, by technology
9.5.3.7.5. Market size and forecast, by application

9.5.3.8. Middle East

9.5.3.8.1. Market size and forecast, by deployment mode
9.5.3.8.2. Market size and forecast, by component
9.5.3.8.3. Market size and forecast, by industry vertical
9.5.3.8.4. Market size and forecast, by technology
9.5.3.8.5. Market size and forecast, by application

9.5.3.9. Africa

9.5.3.9.1. Market size and forecast, by deployment mode
9.5.3.9.2. Market size and forecast, by component
9.5.3.9.3. Market size and forecast, by industry vertical
9.5.3.9.4. Market size and forecast, by technology
9.5.3.9.5. Market size and forecast, by application

Chapter: 10: COMPANY PROFILES

10.1. AMAZON WEB SERVICES, INC. (AMAZON.COM, INC)

10.1.1. Company overview
10.1.2. Company snapshot
10.1.3. Product portfolio
10.1.4. Business performance
10.1.5. Key strategic moves and developments

10.2. CATCHOOM

10.2.1. Company overview
10.2.2. Product portfolio
10.2.3. Key strategic moves and developments

10.3. GOOGLE (ALPHABET INC.)

10.3.1. Company overview
10.3.2. Company snapshot
10.3.3. Operating business segments
10.3.4. Product portfolio
10.3.5. Business performance
10.3.6. Key strategic moves and developments

10.4. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM)

10.4.1. Company overview
10.4.2. Company snapshot
10.4.3. Operating business segments
10.4.4. Product portfolio
10.4.5. Business performance
10.4.6. Key strategic moves and developments

10.5. IMAGGA TECHNOLOGIES LTD.

10.5.1. Company overview
10.5.2. Company snapshot
10.5.3. Product portfolio
10.5.4. Key strategic moves and developments

10.6. INTEL CORPORATION

10.6.1. Company overview
10.6.2. Company snapshot
10.6.3. Operating business segments
10.6.4. Product portfolio
10.6.5. Business performance
10.6.6. Key strategic moves and developments

10.7. LTU TECHNOLOGIES

10.7.1. Company overview
10.7.2. Company snapshot
10.7.3. Product portfolio

10.8. MICROSOFT CORPORATION

10.8.1. Company overview
10.8.2. Company snapshot
10.8.3. Operating business segments
10.8.4. Product portfolio
10.8.5. Business performance
10.8.6. Key strategic moves and developments

10.9. NEC CORPORATION

10.9.1. Company overview
10.9.2. Company snapshot
10.9.3. Operating business segments
10.9.4. Product portfolio
10.9.5. Business performance
10.9.6. Key strategic moves and developments

10.10. QUALCOMM TECHNOLOGIES, INC.

10.10.1. Company overview
10.10.2. Company snapshot
10.10.3. Operating business segments
10.10.4. Product portfolio
10.10.5. Business performance
10.10.6. Key strategic moves and developments

LIST OF TABLES

TABLE 01. GLOBAL IMAGE RECOGNITION MARKET REVENUE, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 02. ON PREMISE IMAGE RECOGNITION SOLUTIONS MARKET REVENUE, BY REGION, 20172025($MILLION)
TABLE 03. CLOUD BASED IMAGE RECOGNITION SOLUTIONS MARKET REVENUE, BY REGION, 20172025($MILLION)
TABLE 04. GLOBAL IMAGE RECOGNITION MARKET REVENUE, BY COMPONENT , 20172025($MILLION)
TABLE 05. IMAGE RECOGNITION MARKET REVENUE FOR HARDWARE, BY REGION, 20172025($MILLION)
TABLE 06. IMAGE RECOGNITION MARKET REVENUE FOR SOFTWARE, BY REGION, 20172025($MILLION)
TABLE 07. IMAGE RECOGNITION MARKET REVENUE FOR SERVICES, BY REGION, 20172025($MILLION)
TABLE 08. GLOBAL IMAGE RECOGNITION MARKET REVENUE, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 09. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR IT & TELECOM , BY REGION, 20172025($MILLION)
TABLE 10. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR BFSI , BY REGION, 20172025($MILLION)
TABLE 11. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR HEALTHCARE, BY REGION, 20172025($MILLION)
TABLE 12. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR RETAIL , BY REGION, 20172025($MILLION)
TABLE 13. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR GOVERNMENT , BY REGION, 20172025($MILLION)
TABLE 14. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR MEDIA & ENTERTAINMENT, BY REGION, 20172025($MILLION)
TABLE 15. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR TRANSPORTATION & LOGISTICS, BY REGION, 20172025($MILLION)
TABLE 16. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR MANUFACTURING, BY REGION, 20172025($MILLION)
TABLE 17. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR OTHERS, BY REGION, 20172025($MILLION)
TABLE 18. GLOBAL IMAGE RECOGNITION MARKET REVENUE, BY TECHNOLOGY , 20172025($MILLION)
TABLE 19. OBJECT DETECTION MARKET REVENUE, BY REGION, 20172025($MILLION)
TABLE 20. BARCODE RECOGNITION MARKET REVENUE, BY REGION, 20172025($MILLION)
TABLE 21. FACIAL RECOGNITION MARKET REVENUE, BY REGION, 20172025($MILLION)
TABLE 22. PATTERN RECOGNITION MARKET REVENUE, BY REGION, 20172025($MILLION)
TABLE 23. OPTICAL CHARACTER RECOGNITION MARKET REVENUE, BY REGION, 20172025($MILLION)
TABLE 24. GLOBAL IMAGE RECOGNITION MARKET REVENUE, BY APPLICATION, 20172025($MILLION)
TABLE 25. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR SCANNING & IMAGING , BY REGION, 20172025($MILLION)
TABLE 26. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR SECURITY & SURVELLIANCE, BY REGION, 20172025($MILLION)
TABLE 27. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR IMAGE SEARCH , BY REGION, 20172025($MILLION)
TABLE 28. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR AUGMENTED REALITY , BY REGION, 20172025($MILLION)
TABLE 29. GLOBAL IMAGE RECOGNITION MARKET REVENUE FOR MARKETING & ADVERTISING , BY REGION, 20172025($MILLION)
TABLE 30. IMAGE RECOGNITION MARKET REVENUE, BY REGION, 20172025($MILLION)
TABLE 31. NORTH AMERICA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 32. NORTH AMERICA IMAGE RECOGNITION SOLUTIONS MARKET, BY COMPONENT, 20172025($MILLION)
TABLE 33. NORTH AMERICA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 34. NORTH AMERICA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 35. NORTH AMERICA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 36. NORTH AMERICA IMAGE RECOGNITION MARKET, BY COUNTRY, 20172025($MILLION)
TABLE 37. U.S. IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 38. U.S. IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 39. U.S. IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 40. U.S. IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 41. U.S. IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 42. CANADA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 43. CANADA IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 44. CANADA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 45. CANADA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 46. CANADA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 47. MEXICO IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 48. MEXICO IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 49. MEXICO IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 50. MEXICO IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 51. MEXICO IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 52. EUROPE IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 53. EUROPE IMAGE RECOGNITION SOLUTIONS MARKET, BY COMPONENT, 20172025($MILLION)
TABLE 54. EUROPE IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 55. EUROPE IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 56. EUROPE IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 57. EUROPE IMAGE RECOGNITION MARKET, BY COUNTRY, 20172025($MILLION)
TABLE 58. UK IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 59. UK IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 60. UK IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 61. UK IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 62. UK IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 63. GERMANY IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 64. GERMANY IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 65. GERMANY IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 66. GERMANY IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 67. GERMANY IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 68. FRANCE IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 69. FRANCE IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 70. FRANCE IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 71. FRANCE IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 72. FRANCE IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 73. ITALY IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 74. ITALY IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 75. ITALY IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 76. ITALY IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 77. ITALY IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 78. RUSSIA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 79. RUSSIA IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 80. RUSSIA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 81. RUSSIA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 82. RUSSIA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 83. REST OF EUROPE IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 84. REST OF EUROPE IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 85. REST OF EUROPE IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 86. REST OF EUROPE IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 87. REST OF EUROPE IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 88. ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 89. ASIA-PACIFIC IMAGE RECOGNITION SOLUTIONS MARKET, BY COMPONENT, 20172025($MILLION)
TABLE 90. ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 91. ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 92. ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 93. ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY COUNTRY, 20172025($MILLION)
TABLE 94. CHINA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 95. CHINA IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 96. CHINA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 97. CHINA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 98. CHINA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 99. INDIA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 100. INDIA IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 101. INDIA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 102. INDIA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 103. INDIA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 104. JAPAN IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 105. JAPAN IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 106. JAPAN IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 107. JAPAN IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 108. JAPAN IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 109. SINGAPORE IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 110. SINGAPORE IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 111. SINGAPORE IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 112. SINGAPORE IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 113. SINGAPORE IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 114. AUSTRALIA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 115. AUSTRALIA IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 116. AUSTRALIA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 117. AUSTRALIA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 118. AUSTRALIA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 119. SOUTH KOREA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 120. SOUTH KOREA IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 121. SOUTH KOREA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 122. SOUTH KOREA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 123. SOUTH KOREA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 124. REST OF ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 125. REST OF ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 126. REST OF ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 127. REST OF ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 128. REST OF ASIA-PACIFIC IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 129. LAMEA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 130. LAMEA IMAGE RECOGNITION SOLUTIONS MARKET, BY COMPONENT, 20172025($MILLION)
TABLE 131. LAMEA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 132. LAMEA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 133. LAMEA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 134. LAMEA IMAGE RECOGNITION MARKET, BY COUNTRY, 20172025($MILLION)
TABLE 135. LATIN AMERICA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 136. LATIN AMERICA IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 137. LATIN AMERICA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 138. LATIN AMERICA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 139. LATIN AMERICA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 140. MIDDLE EAST IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 141. MIDDLE EAST IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 142. MIDDLE EAST IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 143. MIDDLE EAST IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 144. MIDDLE EAST IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 145. AFRICA IMAGE RECOGNITION MARKET, BY DEPLOYMENT MODE, 20172025($MILLION)
TABLE 146. AFRICA IMAGE RECOGNITION MARKET, BY COMPONENT , 20172025($MILLION)
TABLE 147. AFRICA IMAGE RECOGNITION MARKET, BY INDUSTRY VERTICAL, 20172025($MILLION)
TABLE 148. AFRICA IMAGE RECOGNITION MARKET, BY TECHNOLOGY, 20172025($MILLION)
TABLE 149. AFRICA IMAGE RECOGNITION MARKET, BY APPLICATION, 20172025($MILLION)
TABLE 150. AMAZON WEB SERVICES, INC.: COMPANY SNAPSHOT
TABLE 151. AMAZON WEB SERVICES, INC.: PRODUCT PORTFOLIO
TABLE 152. CATCHOOM: COMPANY SNAPSHOT
TABLE 153. CATCHOOM: PRODUCT PORTFOLIO
TABLE 154. GOOGLE LLC: COMPANY SNAPSHOT
TABLE 155. GOOGLE LLC: OPERATING SEGMENT
TABLE 156. GOOGLE LLC: PRODUCT PORTFOLIO
TABLE 157. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM): COMPANY SNAPSHOT
TABLE 158. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM): PRODUCT CATEGORY
TABLE 159. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM): PRODUCT PORTFOLIO
TABLE 160. IMAGGA TECHNOLOGIES LTD.: COMPANY SNAPSHOT
TABLE 161. IMAGGA TECHNOLOGIES LTD.: PRODUCT PORTFOLIO
TABLE 162. INTEL CORPORATION: COMPANY SNAPSHOT
TABLE 163. INTEL CORPORATION: PRODUCT CATEGORY
TABLE 164. INTEL CORPORATION: PRODUCT PORTFOLIO
TABLE 165. LTU TECH.: COMPANY SNAPSHOT
TABLE 166. LTU TECH.: PRODUCT PORTFOLIO
TABLE 167. MICROSOFT CORPORATION: COMPANY SNAPSHOT
TABLE 168. MICROSOFT CORPORATION: OPERATING SEGMENTS
TABLE 169. MICROSOFT CORPORATION: PRODUCT PORTFOLIO
TABLE 170. NEC CORPORATION: COMPANY SNAPSHOT
TABLE 171. NEC CORPORATION: PRODUCT CATEGORY
TABLE 172. NEC CORPORATION: PRODUCT PORTFOLIO
TABLE 173. QUALCOMM TECHNOLOGIES, INC.: COMPANY SNAPSHOT
TABLE 174. QUALCOMM TECHNOLOGIES, INC.: PRODUCT CATEGORY
TABLE 175. QUALCOMM TECHNOLOGIES, INC.: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. GLOBAL IMAGE RECOGNITION MARKET, 20172025
FIGURE 02. IMAGE RECOGNITION MARKET, BY REGION, 20172025
FIGURE 03. GLOBAL IMAGE RECOGNITION MARKET: KEY PLAYERS
FIGURE 04. GLOBAL IMAGE RECOGNITION MARKET SEGMENTATION
FIGURE 05. TOP IMPACTING FACTORS
FIGURE 06. TOP INVESTMENT POCKETS
FIGURE 07. TOP WINNING STRATEGIES, BY YEAR, 20152018*
FIGURE 08. TOP WINNING STRATEGIES, BY DEVELOPMENT, 20152018* (%)
FIGURE 09. TOP WINNING STRATEGIES, BY COMPANY, 20152018*
FIGURE 10. BARGAINING POWER OF SUPPLIER
FIGURE 11. BARGAINING POWER OF BUYER
FIGURE 12. THREAT OF SUBSTITUTES
FIGURE 13. THREAT OF NEW ENTRANTS
FIGURE 14. COMPETITIVE RIVALRY
FIGURE 15. IMAGE RECOGNITION MARKET: KEY PLAYER POSITIONING, 2017
FIGURE 16. DRIVERS, RESTRAINTS, AND OPPORTUNITIES
FIGURE 17. COMPARATIVE SHARE ANALYSIS OF ON PREMISE IMAGE RECOGNITION SOLUTIONS MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 18. COMPARATIVE SHARE ANALYSIS OF CLOUD BASED IMAGE RECOGNITION SOLUTIONS MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 19. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION HARDWARE MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 20. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION SOFTWARE MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 21. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION SERVICES MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 22. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR IT & TELECOM, BY COUNTRY, 2017 & 2025(%)
FIGURE 23. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR BFSI, BY COUNTRY, 2017 & 2025(%)
FIGURE 24. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR HEALTHCARE, BY COUNTRY, 2017 & 2025(%)
FIGURE 25. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR RETAIL, BY COUNTRY, 2017 & 2025(%)
FIGURE 26. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR GOVERNMENT, BY COUNTRY, 2017 & 2025(%)
FIGURE 27. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR MEDIA & ENTERTAINMENT, BY COUNTRY, 2017 & 2025(%)
FIGURE 28. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR TRANSPORTATION & LOGISTICS, BY COUNTRY, 2017 & 2025(%)
FIGURE 29. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR MANUFACTURING, BY COUNTRY, 2017 & 2025(%)
FIGURE 30. COMPARATIVE SHARE ANALYSIS OF IMAGE RECOGNITION MARKET FOR OTHERS, BY COUNTRY, 2017 & 2025(%)
FIGURE 31. COMPARATIVE SHARE ANALYSIS OF OBJECT DETECTION MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 32. COMPARATIVE SHARE ANALYSIS OF BARCODE RECOGNITION MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 33. COMPARATIVE SHARE ANALYSIS OF FACIAL RECOGNITION MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 34. COMPARATIVE SHARE ANALYSIS OF PATTERN RECOGNITION MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 35. COMPARATIVE SHARE ANALYSIS OF OPTICAL CHARACTER RECOGNITION MARKET, BY COUNTRY, 2017 & 2025(%)
FIGURE 36. COMPARATIVE SHARE ANALYSIS OF GLOBAL IMAGE RECOGNITION MARKET FOR SCANNING & IMAGING, BY COUNTRY, 2017 & 2025(%)
FIGURE 37. COMPARATIVE SHARE ANALYSIS OF GLOBAL IMAGE RECOGNITION MARKET FOR SECURITY & SURVELLIANCE, BY COUNTRY, 2017 & 2025(%)
FIGURE 38. COMPARATIVE SHARE ANALYSIS OF GLOBAL IMAGE RECOGNITION MARKET FOR IMAGE SEARCH, BY COUNTRY, 2017 & 2025(%)
FIGURE 39. COMPARATIVE SHARE ANALYSIS OF GLOBAL IMAGE RECOGNITION MARKET FOR AUGMENTED REALITY, BY COUNTRY, 2017 & 2025(%)
FIGURE 40. COMPARATIVE SHARE ANALYSIS OF GLOBAL IMAGE RECOGNITION MARKET FOR MARKETING & ADVERTISING, BY COUNTRY, 2017 & 2025(%)
FIGURE 41. U.S. IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 42. CANADA IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 43. MEXICO IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 44. UK IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 45. GERMANY IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 46. FRANCE IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 47. ITALY IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 48. RUSSIA IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 49. REST OF EUROPE IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 50. CHINA IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 51. INDIA IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 52. JAPAN IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 53. SINGAPORE IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 54. AUSTRALIA IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 55. SOUTH KOREA IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 56. REST OF ASIA-PACIFIC IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 57. LATIN AMERICA IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 58. MIDDLE EAST IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 59. AFRICA IMAGE RECOGNITION MARKET, 20172025($MILLION)
FIGURE 60. AMAZON.COM, INC.: REVENUE, 20152017 ($MILLION)
FIGURE 61. AMAZON.COM, INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 62. AMAZON.COM, INC.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 63. ALPHABET INC.: REVENUE, 20152017 ($MILLION)
FIGURE 64. ALPHABET INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 65. ALPHABET INC.: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 66. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM): REVENUE, 20152017 ($MILLION)
FIGURE 67. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM): REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 68. INTERNATIONAL BUSINESS MACHINES CORPORATION (IBM): REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 69. INTEL CORPORATION: REVENUE, 20152017 ($MILLION)
FIGURE 70. INTEL CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 71. INTEL CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 72. MICROSOFT CORPORATION: REVENUE, 20152017 ($MILLION)
FIGURE 73. MICROSOFT CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 74. MICROSOFT CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 75. NEC CORPORATION: REVENUE, 20152017 ($MILLION)
FIGURE 76. NEC CORPORATION: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 77. NEC CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 78. QUALCOMM TECHNOLOGIES, INC.: REVENUE, 20152017 ($MILLION)
FIGURE 79. QUALCOMM TECHNOLOGIES, INC.: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 80. MICROSOFT CORPORATION: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

 

potential demand for image recognition is continuously on the rise in the retail industry, which fuels the growth of the market. For instance, by 2020, about 85% of customer interactions in retail is expected to be managed by artificial intelligence. Moreover, the retailers are expected to adopt image recognition technology in the upcoming years to enhance in-store customer service, which can enable the customers to scan an item through a mobile application. The adoption of such method by the retailers will cut down the operational and customer support cost in the retail industry. Furthermore, the growing use of face recognition technology in tablets, smart phones, and personal computer due to advancements in size and accuracy fuels the adoption of face recognition technology. In addition, increase in governmental budget toward homeland security and defense further drives the market in the developing countries such as China, India, and Russia. Increase in use of facial recognition access system over card-based access system in industries and residences is expected to provide lucrative opportunities for the market.

The global image recognition market is highly competitive owing to the presence of strong position of the existing vendors. These companies have economies of scale and a huge geographical presence. Some of the major key players profiled in the report include IBM Corporation, Imagga Technologies Ltd., Amazon Web Services, Inc., Qualcomm Incorporated, Google LLC, Microsoft Corporation, NEC Corporation, LTU technologies, Catchoom Technologies S.L., Intel Corporation, and others. These players have adopted various strategies to enhance their product & service offerings and increase their market penetration. For instance, in November 2017, Amazon Rekognition announced three new features for its face verification and identification which are, detection and recognition of text in images, detection of up to 100 faces in crowded photos, and real-time face recognition across tens of millions of faces. It offers up to 10% accuracy improvements for customers using Amazon Rekognition for face verification and identification. In addition, in August 2017, Box and Google jointly introduced an image recognition AI to Box's content services for enterprises. By using Google Cloud Vision API, it offers optical character recognition of text in images, automatic tagging of objects, and other information when a user uploads these files.

 

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