Image Recognition Market

1. Image Recognition Market to Expand at a CAGR of 17.6%.over 2023-2027: finds FBI The Image Recognition Market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2027 The new research Image Recognition Market report on offered by provides Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2023-2027. The report on global document scanner market evaluates the growth trends of the industry through historical study and estimates future prospects based on comprehensive research. The report extensively provides the market share, growth, trends and forecasts for the period 2023-2027. The market size in terms of revenue (USD MN) is calculated for the study period along with the details of the factors affecting the market growth Additionally, it provides a futuristic perspective on various factors that are likely to boost Image Recognition Market growth in the years to come. Besides, authors of the report have shed light on the factors that may hamper the growth of the Image Recognition Market Read more: https://www.fortunebusinessinsights.com/industry-reports/image-recognition-market- 101855 The image recognition market has witnessed significant growth in recent years, driven by the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies in various industries. Image recognition is a technology that uses digital images to identify and classify objects or patterns. This technology has several applications, including object recognition, facial recognition, and optical character recognition (OCR). The market is segmented into various types based on the component, such as hardware, software, and services. Additionally, the market is further divided based on the deployment model, including on-premises and cloud-based. The image recognition market is witnessing significant growth due to the increasing demand for security and surveillance systems, the need for personalized customer experience, and the rising adoption of image recognition in healthcare and automotive industries. The growing popularity of social media platforms and the increasing demand for image analysis in retail and e-commerce are also driving the growth of the image recognition market. Moreover, the development of deep learning algorithms and the increasing investments in AI and ML technologies are expected to further boost the growth of the image recognition market in the coming years. The size of the global image recognition market was USD 23.82 billion in 2019 and is anticipated to grow to USD 86.32 billion by 2027, at a CAGR of 17.6%. The report offers valuable insight into the Image Recognition Market progress and approaches related to the Image Recognition Market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment. TOP KEY PLAYERS: Amazon Web Services (AWS) Inc. (Seattle, Washington, United States) Google LLC (Mountain View, California, United States) IBM Corporation (Armonk, New York, United States) Microsoft Corporation (Redmond, Washington, United States)

2. Nvidia Corporation (Santa Clara, California, United States) Honeywell International Inc. (Charlotte, North Carolina, United States) Qualcomm Technologies, Inc. (San Diego, California, United States) Hitachi, Ltd. (Chiyoda City, Tokyo, Japan) LTU Technologies (Paris, France) NEC Corporation (Minato City, Tokyo, Japan) Catchoom Technologies, S.L. (Barcelona, Spain) Slyce Acquisition Inc. (Philadelphia, PA, United States) Wikitude GmbH (Salzburg, Austria) Blippar Ltd (London, England) The Image Recognition Market Analysis segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Image Recognition Market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2023-2027. Major Table Of Contents: 1. Introduction 2. Executive Summary 3. Market Dynamics 4. Competition Landscape 5. Image Recognition Market Segmentation 6. Image Recognition Market Regional And Country Analysis About Us: Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Contact Us: Fortune Business Insights™ Pvt. Ltd. US :+1 424 253 0390 UK : +44 2071 939123 APAC : +91 744 740 1245 Email: sales@fortunebusinessinsights.com