Image Recognition Market Size to Cross USD 166.01 Bn by 2033

According to a recent research report titled “Image Recognition Market (By Technique: QR/Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition; By Application: Augmented Reality, Scanning & Imaging, Security & Surveillance, Marketing & Advertising, Image Search; By Component: Hardware, Software, Service; By Deployment Mode: Cloud, On-Premises) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033″ published by Precedence Research, the global image recognition market size is projected to touch around USD 166.01 billion by 2033 and growing at a CAGR of 13.50% over the forecast period 2024 to 2033. This comprehensive study examines various factors and their impact on the growth of the image recognition market.

Key Takeaways

• North America contributed 36% of market share in 2023.
• Asia-Pacific is estimated to expand the fastest CAGR between 2024 and 2033.
• By technique, the facial recognition segment has held the largest market share of 23% in 2023.
• By technique, the pattern recognition segment is anticipated to grow at a remarkable CAGR of 14.8% between 2024 and 2033.
• By application, the marketing and advertising segment generated over 30% of market share in 2023.
• By application, the augmented reality segment is expected to expand at the fastest CAGR over the projected period.
• By component, the service segment generated over 39% of market share in 2023.
• By component, the software segment is expected to expand at the fastest CAGR over the projected period.
• By deployment mode, the cloud segment generated over 71% of market share in 2023.
• By deployment mode, the on-premises segment is expected to expand at the fastest CAGR over the projected period.

The report primarily focuses on the volume and value of the image recognition market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.

Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.

Download a Free Copy of Our Latest Sample Report@ https://www.precedenceresearch.com/sample/3736

The research also highlights significant progressions in both organic and inorganic growth strategies within the global image recognition market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the image recognition market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.

Image Recognition Market Scope

Also read: US Blood Pressure Monitoring Devices Market Size, Growth, Report 2033

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Market Key Players

The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the image recognition market.

Image Recognition Market Companies

• Google LLC
• Microsoft Corporation
• IBM Corporation
• Amazon Web Services, Inc.
• Qualcomm Technologies, Inc.
• Intel Corporation
• NVIDIA Corporation
• Cognex Corporation
• Honeywell International Inc.
• Catchoom Technologies S.L.
• LTU Technologies (A Dassault Systèmes Company)
• Slyce Inc.
• Toshiba Corporation
• NEC Corporation
• Zebra Medical Vision Ltd.

Segments Covered in the Report

By Technique

• QR/Barcode Recognition
• Object Recognition
• Facial Recognition
• Pattern Recognition
• Optical Character Recognition

By Application

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

By Component

• Hardware
• Software
• Service

By Deployment Mode

• Cloud
• On-Premises

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Table of Content:

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Image Recognition Market 

5.1. COVID-19 Landscape: Image Recognition Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Image Recognition Market, By Technique

8.1. Image Recognition Market, by Technique, 2024-2033

8.1.1. QR/Barcode Recognition

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Object Recognition

8.1.2.1. Market Revenue and Forecast (2021-2033)

8.1.3. Facial Recognition

8.1.3.1. Market Revenue and Forecast (2021-2033)

8.1.4. Pattern Recognition

8.1.4.1. Market Revenue and Forecast (2021-2033)

8.1.5. Optical Character Recognition

8.1.5.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Image Recognition Market, By Application

9.1. Image Recognition Market, by Application, 2024-2033

9.1.1. Augmented Reality

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Scanning & Imaging

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Security & Surveillance

9.1.3.1. Market Revenue and Forecast (2021-2033)

9.1.4. Marketing & Advertising

9.1.4.1. Market Revenue and Forecast (2021-2033)

9.1.5. Image Search

9.1.5.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Image Recognition Market, By Component 

10.1. Image Recognition Market, by Component, 2024-2033

10.1.1. Hardware

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Software

10.1.2.1. Market Revenue and Forecast (2021-2033)

10.1.3. Service

10.1.3.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Image Recognition Market, By Deployment Mode 

11.1. Image Recognition Market, by Deployment Mode, 2024-2033

11.1.1. Cloud

11.1.1.1. Market Revenue and Forecast (2021-2033)

11.1.2. On-Premises

11.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 12. Global Image Recognition Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Technique (2021-2033)

12.1.2. Market Revenue and Forecast, by Application (2021-2033)

12.1.3. Market Revenue and Forecast, by Component (2021-2033)

12.1.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Technique (2021-2033)

12.1.5.2. Market Revenue and Forecast, by Application (2021-2033)

12.1.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.1.5.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Technique (2021-2033)

12.1.6.2. Market Revenue and Forecast, by Application (2021-2033)

12.1.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.1.6.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Technique (2021-2033)

12.2.2. Market Revenue and Forecast, by Application (2021-2033)

12.2.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Technique (2021-2033)

12.2.5.2. Market Revenue and Forecast, by Application (2021-2033)

12.2.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.5.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Technique (2021-2033)

12.2.6.2. Market Revenue and Forecast, by Application (2021-2033)

12.2.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.6.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Technique (2021-2033)

12.2.7.2. Market Revenue and Forecast, by Application (2021-2033)

12.2.7.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.7.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Technique (2021-2033)

12.2.8.2. Market Revenue and Forecast, by Application (2021-2033)

12.2.8.3. Market Revenue and Forecast, by Component (2021-2033)

12.2.8.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Technique (2021-2033)

12.3.2. Market Revenue and Forecast, by Application (2021-2033)

12.3.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Technique (2021-2033)

12.3.5.2. Market Revenue and Forecast, by Application (2021-2033)

12.3.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.5.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Technique (2021-2033)

12.3.6.2. Market Revenue and Forecast, by Application (2021-2033)

12.3.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.6.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Technique (2021-2033)

12.3.7.2. Market Revenue and Forecast, by Application (2021-2033)

12.3.7.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.7.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Technique (2021-2033)

12.3.8.2. Market Revenue and Forecast, by Application (2021-2033)

12.3.8.3. Market Revenue and Forecast, by Component (2021-2033)

12.3.8.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Technique (2021-2033)

12.4.2. Market Revenue and Forecast, by Application (2021-2033)

12.4.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Technique (2021-2033)

12.4.5.2. Market Revenue and Forecast, by Application (2021-2033)

12.4.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.5.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Technique (2021-2033)

12.4.6.2. Market Revenue and Forecast, by Application (2021-2033)

12.4.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.6.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Technique (2021-2033)

12.4.7.2. Market Revenue and Forecast, by Application (2021-2033)

12.4.7.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.7.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Technique (2021-2033)

12.4.8.2. Market Revenue and Forecast, by Application (2021-2033)

12.4.8.3. Market Revenue and Forecast, by Component (2021-2033)

12.4.8.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Technique (2021-2033)

12.5.2. Market Revenue and Forecast, by Application (2021-2033)

12.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.5.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Technique (2021-2033)

12.5.5.2. Market Revenue and Forecast, by Application (2021-2033)

12.5.5.3. Market Revenue and Forecast, by Component (2021-2033)

12.5.5.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Technique (2021-2033)

12.5.6.2. Market Revenue and Forecast, by Application (2021-2033)

12.5.6.3. Market Revenue and Forecast, by Component (2021-2033)

12.5.6.4. Market Revenue and Forecast, by Deployment Mode (2021-2033)

Chapter 13. Company Profiles

13.1. Google LLC

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Microsoft Corporation

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. IBM Corporation

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Amazon Web Services, Inc.

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Qualcomm Technologies, Inc.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Intel Corporation

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. NVIDIA Corporation

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Cognex Corporation

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Honeywell International Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Catchoom Technologies S.L.

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

This report presents a compelling investment opportunity for those interested in the global image recognition market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for image recognition. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.

Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.

Some of the key questions answered in this report:       

• What is the size of the overall Image recognition market and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities and challenges of the Image recognition market and how they are expected to impact the market?
• What are the attractive investment opportunities within the Image recognition market?
• What is the Image recognition market size at the regional and country-level?
• Who are the key market players and their key competitors?
• What are the strategies for growth adopted by the key players in Image recognition market?
• What are the recent trends in Image recognition market? (M&A, partnerships, new product developments, expansions)?
• What are the challenges to the Image recognition market growth?
• What are the key market trends impacting the growth of Image recognition market?

 

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333

Email: sales@precedenceresearch.com

Web: https://www.precedenceresearch.com

Blog: https://www.pharma-geek.com

---