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Asia-Pacific AI in image recognition market is estimated to grow significantly at a CAGR of more than 29% during the forecast period. The major countries which will contribute to the market include China, India, and Japan. China is the biggest player in AI in the image recognition market. The market in the region is largely driven by the investment from the AI companies and a significant rise to the big data. A large amount of data generation enables AI systems to create more sophisticated insights, thus, offering companies to reduce costs, scale operations, improve productivity and enhance more targeted products and services to consumers. Owing to the increasing popularity of social media platforms in the region, image data has been growing significantly, which in turn is driving the demand for AI-based image recognition platforms in the region.
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Orion Market Research Asia-Pacific AI in Image Recognition Market: Market Size, Share and Forecast 2019-2025 Request a free sample of our report on Asia-Pacific AI in Image Recognition Market: https://www.omrglobal.com/request-sample/asia-pacific-ai-in-image-recognition-market ------------------------------------------------------------------------------------ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
Asia-Pacific AI in Image Recognition Market: Market Size, Share and Forecast 2019-2025 Asia-Pacific AI in image recognition market is estimated to grow significantly at a CAGR of more than 29% during the forecast period. The major countries which will contribute to the market include China, India, and Japan. China is the biggest player in AI in the image recognition market. The market in the region is largely driven by the investment from the AI companies and a significant rise to the big data. A large amount of data generation enables AI systems to create more sophisticated insights, thus, offering companies to reduce costs, scale operations, improve productivity and enhance more targeted products and services to consumers. Owing to the increasing popularity of social media platforms in the region, image data has been growing significantly, which in turn is driving the demand for AI-based image recognition platforms in the region. A full report of Asia-Pacific AI in Image Recognition Marketis available at: https://www.omrglobal.com/industry-reports/asia-pacific-ai-in-image-recognition-market The market is segmented on the basis of product type and end-user. Based on the product type, the market is bifurcated into hardware and software. The market for software is growing owing to the increasing demand for highly accurate facial analysis on video and images. Based on end- user, the market is segmented into automotive, BFSI, healthcare, security, and retail. Growing adoption of image recognition software for security as well as customer identification is the most common factor contributing to the growth of the BFSI segment. To https://www.omrglobal.com/request-sample/asia-pacific-ai-in-image-recognition-market know more information, please request a free report sample Asia-Pacific AI in Image Recognition Market – Segmentation By Product Type •Hardware •Software By End-User •Automotive •BFSI •Healthcare •Security •Retail
Asia-Pacific AI in Image Recognition Market-Regional •China •Japan •India •Rest of Asia-Pacific Company Profiles •Artivatic Data Labs Pvt. Ltd. •Automation Anywhere, Inc. •Fujitsu Ltd. •IBM Corp. •iFlytek •Lpixel, Inc. •Megvii •SenseTime •ViSenze Pte Ltd. •YITU Technologies About Us: Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404