Global Image Recognition Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Image Recognition Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Image Recognition market size was valued at USD 21320 million in 2023 and is forecast to a readjusted size of USD 56470 million by 2030 with a CAGR of 14.9% during review period.

Image recognition, in the context of machine vision, is the ability of software to identify objects, places, people, writing and actions in images. Computers can use machine vision technologies in combination with a camera and artificial intelligence software to achieve image recognition.

North America holds the largest share of the global market. Higher adoption of new and advanced technologies such as mobile application security solutions is driving the growth of this regional market. The image recognition market in Asia-Pacific is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the high adoption of cloud, mobility, and infrastructure management solutions to address information security.

The Global Info Research report includes an overview of the development of the Image Recognition industry chain, the market status of BFSI (Code Recognition, Digital Image Processing), Media & Entertainment (Code Recognition, Digital Image Processing), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Image Recognition.

Regionally, the report analyzes the Image Recognition markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Image Recognition market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Image Recognition market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Image Recognition industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Code Recognition, Digital Image Processing).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Image Recognition market.

Regional Analysis: The report involves examining the Image Recognition market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Image Recognition market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Image Recognition:

Company Analysis: Report covers individual Image Recognition players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Image Recognition This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (BFSI, Media & Entertainment).

Technology Analysis: Report covers specific technologies relevant to Image Recognition. It assesses the current state, advancements, and potential future developments in Image Recognition areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Image Recognition market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Image Recognition market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Code Recognition
Digital Image Processing
Facial Recognition
Object Recognition
Pattern Recognition
Optical Character Recognition

Market segment by Application
BFSI
Media & Entertainment
Retail & Consumer Goods
IT & Telecom
Government
Healthcare
Transportation & Logistics
Others

Market segment by players, this report covers
Qualcomm
NEC
Google
LTU Technologies
Catchoom Technologies
Honeywell
Hitachi
Slyce
Wikitude
Attrasoft

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Image Recognition product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Image Recognition, with revenue, gross margin and global market share of Image Recognition from 2019 to 2024.

Chapter 3, the Image Recognition competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Image Recognition market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Image Recognition.

Chapter 13, to describe Image Recognition research findings and conclusion.