Image Recognition Market PPT: Demand, Trends and Business Opportunities 2023-28

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Global Image Recognition Market Research and
Forecast Report 2023-2028




Author Elena Anderson, Marketing Manager
IMARC Group
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2019 IMARC All Rights Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Image Recognition Market Research
Report The latest report by IMARC, titled
Image Recognition Market Global Industry
Trends, Share, Size, Growth, Opportunity and
Forecast 2023-2028 " the global image
recognition market reached a value of US 35.2
Billion in 2022. Image recognition refers to
the technology that is generally used to identify
objects and entities variables in the form of an
image. It is a computer-operated vision
technology that gathers, process, and analyze
data from the real world. Additionally, it
involves the utilization of supervised learning,
deep learning algorithms and neural network
techniques to identify the subject of the
picture. It works by assigning a single and
high-level label to an image by interpreting and
analyzing the image's pixel patterns. As a
result, it is extensively used to performing
several machine-based visual tasks, such as image
content search, labeling the content of images
with meta-tags and guiding autonomous
robots. Request Free Sample Report
https//www.imarcgroup.com/image-recognition-marke
t/requestsample
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Report Description and Highlights
Report Description

Global Image Recognition Market Trends The
global market is primarily driven by the
increasing demand from the automotive sector.
This is supported by the widespread integration
of accident-avoidance systems in vehicles and the
introduction of self-driving cars. Along with
this, numerous leading players are heavily
investing in the deployment of advanced image
recognition systems for face identification on
social media networks, which is creating a
positive market outlook. In addition to this, the
extensive utilization of these solutions by law
enforcement agencies and airport authorities for
facial recognition is providing an impetus to the
market. Furthermore, continual technological
advancements in image recognition solutions,
including the integration of artificial
intelligence (AI) and cloud computing, are
impacting the market favorably. Other factors,
including rapid digitization and urbanization,
the growing incidences of geopolitical conflicts
and terrorism activities, continuous improvements
in the information technology (IT) sector and
extensive research and development (RD)
activities conducted by key players, are also
positively influencing the market growth. On
account of the aforementioned factors, the market
is anticipated to reach a value of US 89.3
Billion by 2028, exhibiting a CAGR of 16.7
during 2023-2028. Looking forward, the market
value is projected to reach a strong growth
during the forecast period (2023-2028).
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Report Description and Highlights
Report Description
Market Summary Breakup by Component H
ardware Software Services Bre
akup by Technology Object Detection
QR/Barcode Recognition Facial Rec
ognition Pattern Recognition O
ptical Character Recognition Others Bre
akup by Application Scanning and Imagin
g Security and Surveillance Im
age Searching Augmented Reality

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Report Description and Highlights
Report Description
Marketing and Advertising
Others Breakup by Deployment Type
On-premises Cloud-based Breakup b
y End Use Industry BFSI Media
and Entertainment IT and Telecom
Government Healthcare Tran
sportation and Logistics Others Breakup
by Region North America
United States Canada

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Report Description and Highlights
Report Description
Asia Pacific China
Japan India
South Korea Austral
ia Indonesia O
thers Europe Germany
France United K
ingdom Italy S
pain Russia Ot
hers Latin America B
razil Mexico
Others Middle East and Africa

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Report Description and Highlights
Report Description

• Competitive Landscape with Key Players
• Amazon Web Services Inc. (Amazon.com Inc.)
• Attrasoft Inc. Google LLC (Alphabet Inc.) Hitachi
  Ltd. Honeywell International Inc. International B
  usiness Machines Corporation Microsoft Corporation
  NEC Corporation Qualcomm Technologies Inc.
  (Qualcomm Incorporated) Slyce Inc. Wikitude GmbH
• View Full Report with TOC List of Figure
  https//www.imarcgroup.com/image-recognition-marke
  t

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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

2019 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
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may also not be used in any form or by and means
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photocopying, recording, taping or by information
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without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
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and reliable at the time of publishing.
International Market Analysis Research and
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Research and Consulting. All other trademarks
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trademarks of their respective companies.
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