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Image Recognition Market

The global image recognition market size grew from $40.44 billion in 2022 to $47.52 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%.

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Image Recognition Market

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  1. Image Recognition Market Report 2023 Market Size, Trends and Global Forecast 2023-2032

  2. Image Recognition Market Segments The Business Research Company segments it’s Image Recognition market report as: By Technique QR/ Barcode Recognition, Object Recognition, Facial Recognition, Pattern Recognition, Optical Character Recognition Hardware, Software, Service By Component By Application Augmented Reality, Scanning And Imaging, Security And Surveillance, Marketing And Advertising, Image Search Cloud, On-Premises By Deployment

  3. Market Statistics The global image recognition market size grew from $40.44 billion in 2022 to $47.52 billion in 2023 at a compound annual growth rate (CAGR) of 17.5%. The image recognition market size is expected to grow to $91.58 billion in 2027 at a CAGR of 17.8%. Click Here To Get A Sample Report

  4. Key Market Drivers And Trends • Drivers The increasing demand for security applications and products enabled with image recognition functions is driving the image recognition market forward. Trends Technological advancements are a key trend gaining popularity in the image recognition market. • Region North America was the largest region in the image recognition market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the image recognition market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

  5. Key Market Players • Major players in the Image Recognition market are: • Google LLC • Catchoom Technologies S.L. • Hitachi Ltd. • Honeywell International Inc. • LTU Technologies • And more. Get More Information On The Image Recognition Market Report

  6. 5 Reasons Why TBRC Is The Solution You Need • Measure the impact of high global inflation on market growth • Outperform competitors using forecast data and the drivers and trends shaping the market • Get a comprehensive market sizing report with a truly global perspective covering 60+ geographies from The Business Research Company, with data from 2017 to 2023 and forecasts up to 2032. • Assess the Russia-Ukraine war’s impact on commodity supply and its direct and indirect impact on all the markets • Benchmark performance against key competitors.

  7. Americas The Business Research Company, 1295 N Providence Rd, Media, PA 19063, USA ✆ +1 3156230293 Get In Touch Europe The Business Research Company 47 Anchorage Point, 42 Cuba Street, Canary Wharf, London, England, E14 8NE ✆ +44 207 1930 708 How ever you want to grow and expand, The Business Research Company can help as we provide research consulting solutions for businesses, government agencies consultancies, and market research companies. Asia The Business Research Company, 1st Floor, Anshu Colors Building, Road Number 1, Park View Enclave, Jubilee Hills, Hyderabad (India), 500033 ✆ +91 8897263534 info@tbrc.info

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