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Image Recognition Technology-Global Market Insights and Sales Trends 2025
Synopsis
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
The global Image Recognition Technology market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Image Recognition Technology in various end use industries. The expanding demands from the IT & Telecom, BFSI, Healthcare and Retail, are propelling Image Recognition Technology market. Object Detection, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the QR/Barcode Recognition segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Image Recognition Technology market, driven by demand from China, the second largest economy with some signs of stabilising, the Image Recognition Technology market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Image Recognition Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Image Recognition Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Image Recognition Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Image Recognition Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Image Recognition Technology covered in this report include IBM Corporation, Imagga Technologies, Amazon Web Services, Qualcomm Incorporated, Google, Microsoft Corporation, NEC Corporation, LTU technologies and Catchoom Technologies, etc.
The global Image Recognition Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IBM Corporation
Imagga Technologies
Amazon Web Services
Qualcomm Incorporated
Google
Microsoft Corporation
NEC Corporation
LTU technologies
Catchoom Technologies
Intel Corporation
Global Image Recognition Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Image Recognition Technology market, Segment by Type:
Object Detection
QR/Barcode Recognition
Facial Recognition
Pattern Recognition
Optical Character Recognition
Global Image Recognition Technology market, by Application
IT & Telecom
BFSI
Healthcare
Retail
Government
Media & Entertainment
Transportation & Logistics
Manufacturing
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Image Recognition Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
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
The global Image Recognition Technology market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Image Recognition Technology in various end use industries. The expanding demands from the IT & Telecom, BFSI, Healthcare and Retail, are propelling Image Recognition Technology market. Object Detection, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the QR/Barcode Recognition segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Image Recognition Technology market, driven by demand from China, the second largest economy with some signs of stabilising, the Image Recognition Technology market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Image Recognition Technology, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Image Recognition Technology market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Image Recognition Technology market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Image Recognition Technology sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Image Recognition Technology covered in this report include IBM Corporation, Imagga Technologies, Amazon Web Services, Qualcomm Incorporated, Google, Microsoft Corporation, NEC Corporation, LTU technologies and Catchoom Technologies, etc.
The global Image Recognition Technology market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
IBM Corporation
Imagga Technologies
Amazon Web Services
Qualcomm Incorporated
Microsoft Corporation
NEC Corporation
LTU technologies
Catchoom Technologies
Intel Corporation
Global Image Recognition Technology market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Image Recognition Technology market, Segment by Type:
Object Detection
QR/Barcode Recognition
Facial Recognition
Pattern Recognition
Optical Character Recognition
Global Image Recognition Technology market, by Application
IT & Telecom
BFSI
Healthcare
Retail
Government
Media & Entertainment
Transportation & Logistics
Manufacturing
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Image Recognition Technology companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Image Recognition Technology
1.1 Image Recognition Technology Market Overview
1.1.1 Image Recognition Technology Product Scope
1.1.2 Image Recognition Technology Market Status and Outlook
1.2 Global Image Recognition Technology Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Image Recognition Technology Market Size by Region (2018-2029)
1.4 Global Image Recognition Technology Historic Market Size by Region (2018-2023)
1.5 Global Image Recognition Technology Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Image Recognition Technology Market Size (2018-2029)
1.6.1 North America Image Recognition Technology Market Size (2018-2029)
1.6.2 Europe Image Recognition Technology Market Size (2018-2029)
1.6.3 Asia-Pacific Image Recognition Technology Market Size (2018-2029)
1.6.4 Latin America Image Recognition Technology Market Size (2018-2029)
1.6.5 Middle East & Africa Image Recognition Technology Market Size (2018-2029)
2 Image Recognition Technology Market by Type
2.1 Introduction
2.1.1 Object Detection
2.1.2 QR/Barcode Recognition
2.1.3 Facial Recognition
2.1.4 Pattern Recognition
2.1.5 Optical Character Recognition
2.2 Global Image Recognition Technology Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Image Recognition Technology Historic Market Size by Type (2018-2023)
2.2.2 Global Image Recognition Technology Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Image Recognition Technology Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Image Recognition Technology Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Image Recognition Technology Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Image Recognition Technology Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Image Recognition Technology Revenue Breakdown by Type (2018-2029)
3 Image Recognition Technology Market Overview by Application
3.1 Introduction
3.1.1 IT & Telecom
3.1.2 BFSI
3.1.3 Healthcare
3.1.4 Retail
3.1.5 Government
3.1.6 Media & Entertainment
3.1.7 Transportation & Logistics
3.1.8 Manufacturing
3.1.9 Others
3.2 Global Image Recognition Technology Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Image Recognition Technology Historic Market Size by Application (2018-2023)
3.2.2 Global Image Recognition Technology Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Image Recognition Technology Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Image Recognition Technology Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Image Recognition Technology Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Image Recognition Technology Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Image Recognition Technology Revenue Breakdown by Application (2018-2029)
4 Image Recognition Technology Competition Analysis by Players
4.1 Global Image Recognition Technology Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Image Recognition Technology as of 2022)
4.3 Date of Key Players Enter into Image Recognition Technology Market
4.4 Global Top Players Image Recognition Technology Headquarters and Area Served
4.5 Key Players Image Recognition Technology Product Solution and Service
4.6 Competitive Status
4.6.1 Image Recognition Technology Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 IBM Corporation
5.1.1 IBM Corporation Profile
5.1.2 IBM Corporation Main Business
5.1.3 IBM Corporation Image Recognition Technology Products, Services and Solutions
5.1.4 IBM Corporation Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.1.5 IBM Corporation Recent Developments
5.2 Imagga Technologies
5.2.1 Imagga Technologies Profile
5.2.2 Imagga Technologies Main Business
5.2.3 Imagga Technologies Image Recognition Technology Products, Services and Solutions
5.2.4 Imagga Technologies Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.2.5 Imagga Technologies Recent Developments
5.3 Amazon Web Services
5.3.1 Amazon Web Services Profile
5.3.2 Amazon Web Services Main Business
5.3.3 Amazon Web Services Image Recognition Technology Products, Services and Solutions
5.3.4 Amazon Web Services Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.3.5 Qualcomm Incorporated Recent Developments
5.4 Qualcomm Incorporated
5.4.1 Qualcomm Incorporated Profile
5.4.2 Qualcomm Incorporated Main Business
5.4.3 Qualcomm Incorporated Image Recognition Technology Products, Services and Solutions
5.4.4 Qualcomm Incorporated Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.4.5 Qualcomm Incorporated Recent Developments
5.5 Google
5.5.1 Google Profile
5.5.2 Google Main Business
5.5.3 Google Image Recognition Technology Products, Services and Solutions
5.5.4 Google Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.5.5 Google Recent Developments
5.6 Microsoft Corporation
5.6.1 Microsoft Corporation Profile
5.6.2 Microsoft Corporation Main Business
5.6.3 Microsoft Corporation Image Recognition Technology Products, Services and Solutions
5.6.4 Microsoft Corporation Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.6.5 Microsoft Corporation Recent Developments
5.7 NEC Corporation
5.7.1 NEC Corporation Profile
5.7.2 NEC Corporation Main Business
5.7.3 NEC Corporation Image Recognition Technology Products, Services and Solutions
5.7.4 NEC Corporation Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.7.5 NEC Corporation Recent Developments
5.8 LTU technologies
5.8.1 LTU technologies Profile
5.8.2 LTU technologies Main Business
5.8.3 LTU technologies Image Recognition Technology Products, Services and Solutions
5.8.4 LTU technologies Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.8.5 LTU technologies Recent Developments
5.9 Catchoom Technologies
5.9.1 Catchoom Technologies Profile
5.9.2 Catchoom Technologies Main Business
5.9.3 Catchoom Technologies Image Recognition Technology Products, Services and Solutions
5.9.4 Catchoom Technologies Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.9.5 Catchoom Technologies Recent Developments
5.10 Intel Corporation
5.10.1 Intel Corporation Profile
5.10.2 Intel Corporation Main Business
5.10.3 Intel Corporation Image Recognition Technology Products, Services and Solutions
5.10.4 Intel Corporation Image Recognition Technology Revenue (US$ Million) & (2018-2023)
5.10.5 Intel Corporation Recent Developments
6 North America
6.1 North America Image Recognition Technology Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Image Recognition Technology Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Image Recognition Technology Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Image Recognition Technology Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Image Recognition Technology Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Image Recognition Technology Market Dynamics
11.1 Image Recognition Technology Industry Trends
11.2 Image Recognition Technology Market Drivers
11.3 Image Recognition Technology Market Challenges
11.4 Image Recognition Technology Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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