Global Image Recognition Market – Size, Outlook, Trends and Forecast (2024 – 2032)

the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The image recognition market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the image recognition market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The image recognition market segmentation is as follows:

By Component

• Software
• Hardware
• Service
• Managed Services
• Professional Services
• Training, support and maintenance Services

By Deployment model

• On-Premises
• Cloud

By Technology

• Code Recognition
• Digital Image Processing
• Facial Recognition
• Pattern Recognition
• Optical Character Recognition

By Application

• Scanning & Imaging
• Security & Surveillance
• Image Search
• Augmented Reality
• Marketing & Advertising

By End-user

• Banking, Financial Services & Insurance (BFSI)
• Consumer Goods and Retail
• Telecommunications and IT
• Healthcare
• Media and Entertainment
• Government
• Education
• Others

Geographical Analysis:

Image Recognition Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia &

New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customization Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the image recognition market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global Image Recognition Market Research Report Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant image recognition market players, such as
  • Qualcomm Inc.
  • NEC Corporation
  • LTU Technologies Inc.
  • Amazon Web Services Inc.
  • IBM Corporation

Along with these companies, many other companies are considered in the report while analysing the global image recognition competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.