Image Recognition Market was valued at US$ 29 Bn. in 2021. Global Image Recognition Market size is expected to grow at a CAGR of 16 % through the forecast period.
Image Recognition Market Overview
The new market intelligence report published by Global Market Intelligence firm, Maximize Market Research, indicates the lucrative growth for Image Recognition Market suppliers in the forecast period through 2029. The Maximize Market Research, an Image Recognition market research firm, has served more than 600 clients across the world since 2017.
Image Recognition Market Scope
The report provides current Image Recognition market trends and regional insights in terms of demand, supply, and sales, as well as recent changes in the market. The Image Recognition market report focuses on the key drivers and restraints for key players, as well as the current competitive landscape and development prospects. The Image Recognition market report provides the most up-to-date market statistics, as well as future developments, size, and emerging trends, allowing you to identify the products and end users that are driving revenue growth and profitability. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, Gross Margin & Sales by Product are all included in this global Image Recognition market research report.
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Image Recognition Market Segmentation
There are several methods for identifying images from them. Given the increased adoption of barcode scanners by businesses to track their fixed assets, QR/barcode recognition is one of the important image identification techniques. Businesses are using barcode scanners because of the benefits of barcode recognition, including accuracy and time savings. Barcode recognition is widely used in many different applications, such as entertainment, advertising, gaming, art and pop culture, and product monitoring, which has helped it gain a sizable market share. The adoption of this strategy in retail and other industries is anticipated to accelerate the growth of the QR/barcode recognition market in the upcoming years.
Image Recognition Market Key Players
• Wikitude
• Huawei
• Honeywell
• Toshiba
• Oracle
• Trigo
• INFFRD
• AIRY3D
• Standard Cognition
• Unispectral LTD
• Snap2Insight
• restb.ai
• Vize by Ximilar
• Mirror that Lock
• IBM
• Google
• Qualcomm
• Microsoft
• AWS
• Trax
• NEC Corporation
• Catchoom
• Slyce
• LTU Tech
• Vispera
• Blippar
• Clarifai
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Image Recognition Market Regional Analysis
Image Recognition Region dominated the Image Recognition Market in 2021 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Image Recognition Market growth in the region. The Image Recognition market report includes a geographic condition of the market, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.
Key Questions answered in the Image Recognition Market Report are:
- What is Image Recognition Market?
- What is the forecast period of the Image Recognition Market?
- What is the competitive scenario of the Image Recognition market?
- Which region held the largest market share in the Image Recognition Market?
- What are the opportunities for the Image Recognition Market?
- What factors are affecting the Image Recognition market growth?
- Who are the key players of the Image Recognition market?
- Which company held the largest share in the Image Recognition market?
- What will be the CAGR of the Image Recognition market during the forecast period?
- What key trends are likely to emerge in the Image Recognition market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Image Recognition #
- Landscape- Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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