Image Recognition Market by Component (Hardware, Services, Software), Technology (Code Recognition, Digital Image Processing, Facial Recognition), Deployment Mode, Application - Global Forecast 2024-2030

Image Recognition Market by Component (Hardware, Services, Software), Technology (Code Recognition, Digital Image Processing, Facial Recognition), Deployment Mode, Application - Global Forecast 2024-2030


The Image Recognition Market size was estimated at USD 33.41 billion in 2023 and expected to reach USD 38.82 billion in 2024, at a CAGR 16.39% to reach USD 96.73 billion by 2030.

Global Image Recognition Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Image Recognition Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Image Recognition Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Image Recognition Market, highlighting leading vendors and their innovative profiles. These include Amazon.com, Inc., Attrasoft, Inc., Blippar Group Limited, Clarifai Inc., Google LLC, Honeywell International Inc., Huawei Technologies Co., Ltd., Microsoft Corporation, NEC Corporation, Oracle Corporation, Qualcomm Technologies, Inc., Standard Cognition, Corp., Toshiba Corporation, Vispera Information Technologies, and Wikitude GmbH.

Market Segmentation & Coverage

This research report categorizes the Image Recognition Market to forecast the revenues and analyze trends in each of the following sub-markets:

Component
Hardware

Services

Software

Technology
Code Recognition

Digital Image Processing

Facial Recognition

Object Recognition

Deployment Mode
Cloud

On-Premises

Application
Augmented Reality

Image Search

Marketing & Advertising

Scanning & Imaging

Security & Surveillance

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Image Recognition Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Image Recognition Market?
3. What are the technology trends and regulatory frameworks in the Image Recognition Market?
4. What is the market share of the leading vendors in the Image Recognition Market?
5. Which modes and strategic moves are suitable for entering the Image Recognition Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Image Recognition Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rapidly growing application sectors such as telecommunications, video surveillance, visual search, and others
5.1.1.2. Increasing importance given to quality control activities
5.1.1.3. Governmental support given to process automation in various industries
5.1.2. Restraints
5.1.2.1. High initial investment and time required to effectively implement the data discovery solutions
5.1.3. Opportunities
5.1.3.1. Technological advancements made to improve the efficiency of the imagine recognition system
5.1.3.2. Integration of artificial intelligence and machine learning technologies to achieve continuous learning process
5.1.4. Challenges
5.1.4.1. Data security and privacy concerns associated with image recognition and data storage
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Image Recognition Market, by Component
6.1. Introduction
6.2. Hardware
6.3. Services
6.4. Software
7. Image Recognition Market, by Technology
7.1. Introduction
7.2. Code Recognition
7.3. Digital Image Processing
7.4. Facial Recognition
7.5. Object Recognition
8. Image Recognition Market, by Deployment Mode
8.1. Introduction
8.2. Cloud
8.3. On-Premises
9. Image Recognition Market, by Application
9.1. Introduction
9.2. Augmented Reality
9.3. Image Search
9.4. Marketing & Advertising
9.5. Scanning & Imaging
9.6. Security & Surveillance
10. Americas Image Recognition Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Image Recognition Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.
10. South Korea
11.
11. Taiwan
11.
12. Thailand
11.
13. Vietnam
12. Europe, Middle East & Africa Image Recognition Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.
10. Nigeria
12.
11. Norway
12.
12. Poland
12.
13. Qatar
12.
14. Russia
12.
15. Saudi Arabia
12.
16. South Africa
12.
17. Spain
12.
18. Sweden
12.
19. Switzerland
12.
20. Turkey
12.
21. United Arab Emirates
12.
22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Amazon.com, Inc.
14.1.2. Attrasoft, Inc.
14.1.3. Blippar Group Limited
14.1.4. Clarifai Inc.
14.1.5. Google LLC
14.1.6. Honeywell International Inc.
14.1.7. Huawei Technologies Co., Ltd.
14.1.8. Microsoft Corporation
14.1.9. NEC Corporation
14.1.
10. Oracle Corporation
14.1.
11. Qualcomm Technologies, Inc.
14.1.
12. Standard Cognition, Corp.
14.1.
13. Toshiba Corporation
14.1.
14. Vispera Information Technologies
14.1.
15. Wikitude GmbH
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
FIGURE 1. IMAGE RECOGNITION MARKET RESEARCH PROCESS
FIGURE 2. IMAGE RECOGNITION MARKET SIZE, 2023 VS 2030
FIGURE 3. IMAGE RECOGNITION MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. IMAGE RECOGNITION MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. IMAGE RECOGNITION MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. IMAGE RECOGNITION MARKET DYNAMICS
FIGURE 7. IMAGE RECOGNITION MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
FIGURE 8. IMAGE RECOGNITION MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. IMAGE RECOGNITION MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
FIGURE 10. IMAGE RECOGNITION MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. IMAGE RECOGNITION MARKET SIZE, BY DEPLOYMENT MODE, 2023 VS 2030 (%)
FIGURE 12. IMAGE RECOGNITION MARKET SIZE, BY DEPLOYMENT MODE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. IMAGE RECOGNITION MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. IMAGE RECOGNITION MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS IMAGE RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS IMAGE RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES IMAGE RECOGNITION MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES IMAGE RECOGNITION MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC IMAGE RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC IMAGE RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA IMAGE RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA IMAGE RECOGNITION MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. IMAGE RECOGNITION MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. IMAGE RECOGNITION MARKET SHARE, BY KEY PLAYER, 2023

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